Global Vegetable Seed Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2025 Vegetable Seed Market report contains a forecast of the next 5 years, starting 2019 and ending 2025 with a host of metrics like supply-demand ratio, Vegetable Seed market frequency, dominant players of Vegetable Seed market, driving factors, restraints, and challenges. The report also contains market revenue, sales, Vegetable Seed production and manufacturing cost that could help you get a better view on the market. The Report Focuses on the key Global Vegetable Seed manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
The vegetable seeds market was valued at USD 9,162.5 million in 2018 and is projected to register a CAGR of 9.44%, during the forecast period (2019-2024).
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In the vegetable seeds market, companies are not only competing on product quality and product promotion but also on strategic moves to acquire greater market share. More than 25% of the major strategic moves, performed by key players, involves a new product launch or product development.
Over the past five years, Monsanto Company has been the most active player, in terms of strategic development, in the vegetable seeds business. Its major strategic developments made it reflect the core strategy of the Monsanto Group. Monsanto has been focusing on R&D, either by means of R&D facility expansion or through collaboration with other institutions working in R&D of vegetable seeds.
Increasing Demand for Hybrid Seeds
The Indian domestic vegetable seeds industry is expected to double, to around USD 1,179 million, over the next five years. According to ICRA, this growth is supposed to be driven by increased use of hybrid seeds. The number of hectares under biotech crop production increased from 179.7 million in 2015, to about 185.1 million in 2016. Developing countries accounted for around 54% of the global biotech hectares, compared to 46% of the industrial countries. The increasing awareness regarding the consumption of vegetables, to meet diverse dietary and nutritional needs, has caused a rise in the demand for vegetables. Among all the vegetable seeds, cabbage (100%) and tomato (99.3%) account for the highest seed replacement rate. Currently, only 20% of seeds used by the farmers are of good quality, whereas, the remaining 75% of demand is being catered to by the saved seeds of farmers, from the previous season.
Regional Analysis For Vegetable Seed Market:
For comprehensive understanding of market dynamics, the Global Vegetable Seed market is analyzed across key geographies namely: Global (Global Canada, Mexico), Europe (Germany, UK, France, Rest of Europe), Asia Pacific (China, Japan, Global Rest of Asia Pacific), Global (Global, Argentina, Rest of Global) And Rest of the World.
The report has 150 tables and figures browse the report description and TOC:
TABLE OF CONTENT:
- Industry Overview of IP67 Connectors
- Global Vegetable Seed Competition Analysis by Players
- Company (Top Players) Profiles
- Global Vegetable Seed Market Size by Type and Application (2013-2019)
- Market Forecast by Regions, Type and Application (2019-2025)
- Vegetable Seed Market Dynamics
- Market Effect Factors Analysis
- Research Finding/Conclusion
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Vegetable Seed Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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