The fruit & vegetable seeds market is projected to grow at a CAGR of 8.10% to reach USD 14.00 billion by 2022. The factors such as demand for nutritional food, innovative production practices, new product offerings, and advent of modernization of agriculture are increasing the market for seed industry, globally. The seed market is primarily driven by the consumption of its end products and is gaining awareness among the farmers. The market is further driven by factors such as increase in demand for fruits & vegetables and high opportunities in developing countries.
On the basis of type, the fruit & vegetable seeds market is led by solanaceae, followed by root-bulb, brassica and cucurbit, respectively. The leafy segment is projected to be the fastest-growing type in the fruit & vegetable seeds market.
Conventional seeds are the most widely adopted traits of fruit & vegetable seeds. The increasing agricultural activities, coupled with the rising demand for quality crop produce, are driving the growth of the fruit & vegetable seeds market.
Outdoor farming is the most common type of farm adopted by farmers, globally. The outdoor types of farms include fields, gardens, and nurseries. On the other hand indoor farming is gaining a worldwide popularity among the European and North American farmers. Vertical farming and greenhouse farming have been gaining favor over the traditional farming techniques.
The demand for fruit & vegetable seeds is projected to rise in the Asia-Pacific region, particularly from China and Japan. The increase in agricultural activities, coupled with the rise in demand for crop produce, are driving the growth of the fruit & vegetable seeds market. The growing agricultural activities due to the increase in demand for high-quality agricultural produce in the Asia-Pacific region is driving the market for fruit & vegetable seeds in this region. The countries in the region has maximum consumption of fruit & vegetable seeds due to increasing population and demand for quality fruit and vegetable products.