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
·
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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