Impact of COVID-19 On Vegetable Seeds MARKET Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

Impact of COVID-19 On Vegetable Seeds Market by Product Type (Leafy, Cucurbit Vegetables, Brassica, Solanaceous Vegetables, Root & Bulb); by activity (Indoor and Outdoor); by Region (North America, Asia-pacific, Europe, Latin America and Middle-East and Africa) - Analysis of market share, size & trends for 2016-19 and forecasts to 2030.

Product Overview

Vegetable seed is a developing plant that is surrounded by a shell. After fertilization with pollen and a certain growth inside the mother plant, a seed is the product of the mature ovule. After fertilization and cultivation, the final vegetable is used in commercial vegetable production. Seeds are the main and essential cultivation requirements and seed demand is important to assess.

Market Highlights

Global Vegetable Seeds Market is anticipated to exceed USD XX billion by 2030 from USD XX billion in 2019 at a CAGR of XX.X% throughout the forecast period, i.e., 2020-30. The global Vegetable Seeds market is estimated to grow on the back of the following reasons. Growing demand for nutritious food, creative manufacturing methods, new technologies, and the emergence of agriculture development can be contributed to market growth.

Global Vegetable Seeds Market: Segments

Global Vegetable Seeds Market has been segmented on the basis of technology, and by product type. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.

By Activity Type (in %), Global Vegetable Seeds Market, 2019

The Outdoor segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.

Based on the activity the market is bifurcated into: Indoor and Outdoor

Outdoor cultivation activities in countries such as India and China where agriculture is the primary sector and contribute to maximum share in the country’s GDP is the reason for such segment growth. Moreover, rising population and need for adequate supply of food lead to outdoor segment growth.

Increasing trends of indoor farming and growing activities of indoor cultivation in modern era lead to significant growth opportunities for indoor segment. Moreover, increasing consciousness towards health has led to the growth of indoor cultivation activities, which in turn led to higher demand for vegetable seeds.

Global Vegetable Seeds Market: Market Dynamics

Drivers

• Primary source of nutrients

Vegetable demand is rise due to an increase in the global population since it is one of the sources of the essential nutrients. The growth of the market for vegetable seeds in the global population is anticipated to accelerate.

Restraints

• Perishable good

The seeds have a limited shelf life and cannot be processed for the long-term, hampering the growth of the vegetable seeds market. The seeds are perishable. Market growth is also hampered by the usage of spurious seed, which is not of the same source or growth and does not perform the same function but which looks like the original seed.

Global Vegetable Seeds Market: Region

Asia Pacific was the largest market accounting for XX% of total market volume share in 2019

Global Vegetable Seeds market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific and rest of the world is classified as Middle-East and Africa.

During the projected timeline, the market in the Asia Pacific is projected to see tremendous opportunities. The flourishing agricultural industry in India and China is responsible for the growth in the region. In the coming years the market will witness lucrative opportunities due to growing awareness of the health benefits of vegetables having a huge impact on the market. The high production and consumption pattern of vegetables in India has provided a profitable share for the seed industry. During the projected timeframe, Europe's market is expected to experience huge demand as breeding technology developments are rapid. The production of quality plants is projected to make an important contribution to the growth of the market

Global Vegetable Seeds Market: Competitive Landscape

Enhancing global commitment to organic seeds explores new ways to extend their domestic and national reach in this market. Companies are also using government subsidies to strengthen their footprints in the market for productive seeds. The increasing consumption of vegetables in developing countries is projected to provide producers of hybrid vegetable seed with profitable growth opportunities.

Global Vegetable Seeds Market: Impact of COVID-19

The COVID-19 epidemic has triggered the devastation of many businesses worldwide in the supply chain. Nevertheless, amidst the pandemic, the high demand for critical commodities would encourage healthy business growth. The outbreak of corona virus has a lesser effect on the seed market as per the International Seed Federation (ISF), because it was regarded to maintain the supply of seed to the farmers as an essential commodity.

Key Players:

• Bayer CropScience (Germany)

o Company Overview

o Business Strategy

o Key Product Offerings

o Financial Performance

o Key Performance Indicators

o Risk Analysis

o Recent Development

o Regional Presence

o SWOT Analysis

• Takii & Co. (Japan)

• Mahindra Agri (Samriddhi) (India)

• Syngenta (Switzerland)

• Sakata Seed Corporation (Japan)

• Advanta (India)

• Monsanto (US)

• Western Bio Vegetable Seed (India)

• Groupe Limagrain (France)

• Other prominent player

Global Vegetable Seeds Market Report also contains an analysis on:

• Vegetable Seeds Market by segment:

o By Product Type:

 Leafy

 cucurbit vegetables

 brassica

 solanaceous vegetables

 root & bulb

o By Activity:

 Indoor

 Outdoor

• Vegetable Seeds Market Size

• Vegetable Seeds Market Dynamics

• Supply and Demand

• Current Issues/trends/challenges

• Competition and Companies Involved in the Market

• Value Chain of the Market

• Market Drivers and Restraints