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The global vegetable seeds market size was USD 6.76 billion in 2020. The market is projected to grow from USD 7.17 billion in 2021 to USD 11.36 billion by 2028, displaying a CAGR of 6.78% during the forecast period of 2021-2028. This information is published by Fortune Business Insights™ in its report titled, “Vegetable Seeds Market Size, Share & COVID-19 Impact Analysis, By Type (Open Pollinated Varieties and Hybrid), Crop Type (Solanaceae, Root & Bulb, Cucurbit, Brassica, Leafy, and Others), Cultivation Method (Protected and Open Field), and Regional Forecast, 2021-2028.”
According to our expert researchers, the requirement to satisfy varied dietary and nutritional necessities has driven the demand for vegetables. Additionally, farmers across the globe are demanding high-quality vegetable planting seeds to suffice this growing demand for vegetables.
Commotion in Supply Chain of Product to Drop Market Value amid COVID-19 Pandemic
Since the COVID-19 virus outbreak, the infection has been able to spread to each region across the globe, thus the World Health Organization declared it as a public health emergency disaster. The global effects of the coronavirus disease were observed by almost every sector in the first half of the year 2020.
Although the seed sector was considered under essential commodities, its production and logistics were impacted due to other factors such as labor shortage and seed trade.
Bayer Unveiled Four Novel Hybrid Vegetable Seeds
Bayer’s Vegetable Seeds business held its fourth, annual edition of ‘Pragati Diwas’ at its mega breeding station in Chikaballapur, situated near Bengaluru. The event displayed over 120 high-yielding hybrid seeds across 14 fruit and vegetable crops. It also empowered knowledge transmission to farmers on noble agricultural methods for vegetable cultivation.
Moreover, in-person appointments, the event was also available for virtual participation. More than 300 visitors, comprising advanced farmers, recognized customers, channel associates, government bureaucrats, scientists, pupils and academia from native agricultural universities participated in the week-long event
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Growing Approval of Hybrid Vegetable Seeds to Affirmatively Influence Market
Hybrid seeds are developed to fit the necessities of consumers and farmers. Hybrid vegetable has a variety of abilities such as adaptableness, yield, nutrition, shape, taste, flavor, color, size, cooking quality, as well as shelf-life.
Hybrid seeds are attaining admiration owing to its welfares over non-hybrid seeds. The usage of hybrid vegetable planting seeds assists to avert crops from diverse sorts of environmental pressure such as insects and plant bugs.
Procurements Initiated by Vital Companies to Endorse Vegetable Seeds Market Growth
The frontrunners in the market persistently opt for efficient strategies to thrust their brand value as well as endorse the global market growth of the product with least possible complications. One such efficient strategy is acquiring competitive companies and further securing a profit for both the companies.
List of Key Players Covered in this Market Report
Further Report Findings
Table of Segmentation
Value (USD Billion)
By Crop Type
By Cultivation Method