Increase in consumption of a variety of fruits and vegetables are the major driving factor that is attributing to growth of fruits and vegetable seeds market. Furthermore, growing global population pool, growing consumption of processed foods and juices, growing technological advancements, rising demand for hybrid varieties of seeds, increase investments in research and development activities are expected to accelerate the fruits and vegetable seeds market. However, fluctuations in climatic conditions, stringent regulations in cultivation of genetically modified crops, long duration of research and development are major restraints of the market.
The Fruits & Vegetable Seeds market is classified on the basis of type, trait, farm, form and geographical regions.
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Based on type, fruits and vegetable seeds market is segmented as
- Cucurbit
- Brassica
- Leafy
- Solanaceae
- Root-bulb
- Others
Based on trait, fruits and vegetable seeds market is segmented as
- Conventional
- Genetically modified
Based on form, fruits and vegetable seeds market is segmented as
- Inorganic
- Organic
Based on type of farm, fruits and vegetable seeds market is segmented as
- Outdoor
- Indoor
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Global market players in fruits and vegetables seeds market are following different strategies for improving existing product portfolios and increasing manufacturing of disease-resistant fruits and vegetables seed varieties in order to meet the demand of the consumer. Market players in the fruits and vegetable seeds market are entering into the cross-licensing agreements due to rise in demand for high yielding seeds. Market players are also producing improvised traits, products which enhance the protection of the crop. Many of the leading market players have seed technologies for their own with trademark protection in order to maintain the monopoly.
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Geographically fruits and vegetable seeds market is segmented as Latin America, North America, Asia Pacific, The Middle East & Africa and Europe. Europe is the dominating market for the fruits and vegetable seeds market followed by North America, owing to the high demand for the fruits and vegetables. Especially countries like US, Germany, Netherlands, Spain, and Mexico are the major importers for fruits and vegetable seeds and Europe is the largest exporter of the fruits and vegetable seeds to the Asia Pacific countries. Asia Pacific is the largest market for the fruits and vegetable seeds market owing to rise in advancements in the agricultural practices, high consumption of fruits and vegetables, the rise in expansions made by the large market players into the Asia Pacific region.
Some of the players in fruits and vegetable seeds market Syngenta AG (Switzerland), Bayer CropScience (Germany), Monsanto (U.S.), Sakata Seed Corp (Japan), Advanta Limited (India), Mahindra Agri (India), Takii & Co. Ltd. (Japan), Western Bio Vegetable Seed Pvt. Ltd. (India) and Groupe Limagrain (France).
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