Wednesday, May 18, 2022

Organic Seeds Market - Global Industry Analysis, Size, Share, Growth, Trends

Organic Seeds Market size is projected to reach USD 7.5 Billion units by 2027 from an estimated USD 4.12 Billion unit in 2019, growing at a CAGR of 10.1% globally.

Organic seeds give assurance to consumers that toxic and synthetic chemical pesticides, fertilizers, and genetically modified organisms are not used during the seed cultivation process. Moreover, organic label and certification also ensure that strict organic cultivation standards have been followed by the farmers with respect to environmental protection. Thus, growing consumer concerns toward environmental degradation due to the increasing use of chemicals has propelled organic seed production across the globe. This further provides growth opportunities for the organic seed industry.

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Growing awareness regarding the less use of chemicals in agriculture is expected to fuel the demand for organic seeds. Government initiatives regarding the use fertilizers and pesticides in agriculture are expected to drive the market. Rising awareness regarding the consumption of organic food is expected to boost the demand for organic seeds over the forecast period. Growing research & development activities related to organic seeds is estimated to have positive impact on the growth of the market.


Segmentation Of Organic Seed Market:

In market segmentation by Type, Organic Seed Market report covers:

Fruits and Vegetable Crop Seeds, Field Crop Seeds, Oilseed Crop Seeds, Cash Crop Seeds, Others

In market segmentation by Application,  Organic Seed Market report covers:

Agriculture, Horticulture, Other

Key Takeaways

·         Geographically, North America Organic Seed Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2028 owing to the soaring demand for organic food without the use of genetically modified plants in the North American region.

·         Organic Seed Market growth is being driven by the surging demand for organically-extracted and processed food products resulting in the proliferation of organic farming worldwide without the application of genetically modified plants. However, the increasing utilization of organic chemicals by organic farmers which may be utilized in massive quantities, greater than even in traditional farming, resulting in organic seeds with organic chemical contaminates is one of the major factors hampering the growth of the Organic Seed Market.

·         Organic Seed Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Organic Seed Market report.

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Wholesalers buy organic seeds from farmers in high quantities, store these seeds in warehouses, and resell them to retailers. As the seeds are bought in bulk quantities from the farmers and the wholesalers offer seeds at lower prices to the retailers or final consumers. The wholesalers also focus on forming strategic alliances with farmers for the procurement of organic seeds and reliable supply. These factors are forecast to fuel the sale of organic seeds through wholesaler distribution channel over the predicted timeframe.

Report Highlights:

·         A complete analysis of the market, including the parent industry

·         Important market dynamics and trends

·         Market segmentation

·         Historical, current, and projected size of the market based on value and volume

·         Market shares and strategies of key players

·         Recommendations to companies for strengthening their foothold in the market

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