Description
Americas Vegetable Seeds Market Research Report Forecast to 2028
Market Overview
The Americas vegetable seeds market has been growing over the last few years and is projected to reach USD 3,130.62 million by 2028 at a CAGR of 6.54% from 2021 to 2028.
The significant reasons for the growth of the Americas vegetable seeds market are technological advancements in vegetable seed production and the growth of the private sector in seed production.
Moreover, increasing consumer awareness and demand for organic seeds and growing exports of fresh vegetables are expected to be prime opportunities for market players. However, unfavorable climatic conditions are expected to hamper the growth of the Americas vegetable seeds market in the years to come.
A seed is a small embryonic plant covered in a protective outer layer and germinates in a suitable environment. Upon germination, a shoot and root emerge from the seed that develops into a fully grown plant.
The production of a good quality vegetable relies on essential factors such as quality seeds, improved cultural practices, and effective plant protection methods. Amongst these factors, good-quality seeds are the most important component of vegetable production.
The Americas vegetable seeds market is expected to register a notable growth rate during the forecast period. Technological advancements in vegetable seed production and the 555growth of the private sector in seed production are expected to propel the growth of the Americas vegetable seeds market during the forecast period.
Increasing consumer awareness, demand for organic seeds, and growing exports of fresh vegetables are expected to create lucrative opportunity areas for market players operating in the Americas market. However, unfavorable climatic conditions are expected to hinder the growth of the vegetable seeds market across the Americas during the forecast period.
Market Segmentation
Based on seed treatment, the Americas vegetable seeds market has been segmented into treated and non-treated.
Based on vegetable type, the Americas vegetable seeds market has been segmented into tomato, onion, bell pepper, watermelon, cauliflower, cucumber, cabbage, broccoli, and others. The others segment accounted for the largest market share of 40.86% in 2020 and is projected to register a decent CAGR of 6.82% during the forecast period.
Based on seed treatment, the Americas vegetable seeds market has been segmented into treated and non-treated.
Regional analysis
The Americas vegetable seeds market has been segmented, based on region, into North America and Latin America.
North America accounted for the larger market share of 84.31%, with a market value of USD 1,634.11 million in 2020; the market is expected to register a CAGR of 6.51%. Latin America was valued at USD 304.08 million in 2020; the market is projected to exhibit a higher CAGR of 6.67% during the forecast period.
Major Players
Syngenta Group (Switzerland), Bakker Brothers (Netherlands), Ferry-Morse Seed Co. (US), Germania Seed Co. (US), Bejo Zaden B.V. (Netherlands), Sakata Seed America (US), Hazera Seeds Ltd. (Israel), Takii & Co., Ltd. (Japan), Indo-American Hybrid Seeds Pvt. Ltd. (India), and Tozer Seeds Ltd. (UK).
COVID 19 Impacts
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Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
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