According to IMARC Group, The global vegetable seed market size reached US$ 6.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
Vegetable seeds are indeed the starting point of growing vegetables. They are the seeds of a plant contained in a protective wrapper. These seeds come in all colors, shapes, and sizes, depending on the plant that will grow from them. Most seeds are planted in the soil under ideal circumstances, where they will germinate and begin to grow into seedlings. Vegetable seeds are distributed as a part of food security initiatives in several countries facing food insecurity or humanitarian crises. They are widely used in commercial agriculture for large-scale production of crops. They are also utilized by home gardeners to grow vegetables for personal consumption. Besides this, they are employed in various forms of urban agriculture, including rooftop gardens, vacant lot cultivation, and hydroponic or aquaponic systems.
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There are many companies that are investing in breeding programs to produce vegetable varieties with qualities that include disease resistance, tolerance to environmental conditions, improved yield performance, and better nutritional composition. They are also leveraging biotechnology that supports the development of genetically modified (GM) vegetable seed varieties to develop traits like herbicide resistance, pest resistance, and longer shelf life. Key players are investing capital in hybrid breeding to provide farmers with high-performance varieties. These companies are also breeding vegetable varieties that are adapted to organic or non-GM farming approaches. Many key players use technology and data analytical models to develop precision agriculture systems for vegetable cultivation which includes the development of seed varieties optimized for specific growing systems and the integration of digital tools for monitoring, irrigation, and crop management.
Other than that, seed companies are concentrating on adding value-added characteristics to vegetable seeds to make the products distinguishable. They are adopting digital technology and seed treatment to improve the performance of seeds, increase seedling vigor, and crop stand. Furthermore, with a focus on addressing malnutrition and micronutrient deficiencies, seed companies are getting engaged in biofortification efforts to develop vegetable varieties with higher levels of essential vitamins, minerals, and antioxidants. They are also striving to work in a sustainable manner, ranging from breeding and growing to packaging and distribution.
Top 12 Vegetable Seed Companies in the World
- American Takii Inc.
- BASF SE
- Bayer CropScience AG
- Bejo Zaden BV
- East-West Seed
- Enza Zaden Beheer B.V.
- Groupe Limagrain
- Namdhari Seeds Pvt. Ltd.
- Rijk Zwaan Zaadteelt En Zaadhandel BV
- Sakata Seed Corporation
- Syngenta AG (Cnac Saturn (Nl) B.V.)
- UPL Limited
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