Global tomato seed market
DUBLIN, March 7, 2024 (Globe Newswire) — Added 'Tomato Seed Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insights, Inflation Impact, Company Analysis' report Ta. ResearchAndMarkets.com Recruitment.
Tomato seeds market size is expected to reach approximately USD 1.85 billion by 2030
Tomato seeds are highly prized around the world, valued for their versatility and nutritional value. From bustling markets in Asia to classic farms in Europe, these little wonders showcase culinary excellence. Its reputation transcends borders, garnishing salads, sauces and dishes around the world. With a rich centuries-old background, tomato seeds fascinate gardeners and chefs alike, embodying the quintessence of global gastronomy and sustaining a tradition of endless flavor.
Tomato seeds market is expected to increase at a CAGR of 6.51% during the forecast period (2024-2030)
Easily available agricultural products and growing interest in organic farming are fueling the surge in the tomato seed market. The need for superior tomato seeds is growing as consumers' desire for healthy, sustainably sourced vegetables increases. Organic farming techniques emphasize seed diversity and quality, driving market expansion. This trend signals a widespread shift towards healthier lifestyles and environmental awareness, with farmers and customers investing in top-grade tomato seeds for enhanced yield and nutritional value.
The high growth of the global tomato hybrid seeds market sector is attributed to the increasing usage of hybrid seeds across developing countries. In addition, in mature and developed markets, there is increasing interest in new varieties such as grape tomatoes, and the need for and increased cultivation of tomatoes is increasing the demand for tomatoes. Also, the excellent return on investment in this sector is expanding opportunities and attracting growers from all over the world to adopt hybrid tomato seeds for tomato production.
As customers become aware of the fitness benefits of tomato seeds, their demand is increasing. According to the March 2022 MDPI (Multidisciplinary Digital Publishing Institute) journal, tomato seeds contain between 22.2% and 40% protein on a dry weight basis, with excess amounts of the umami amino acids glutamate and aspartate. It is. Seeds are an excellent source of essential amino acids such as arginine, threonine, lysine, and leucine.
Therefore, major companies around the world are investing in the research and development of new varieties of tomato seeds and carrying out various breeding programs for the latest varieties. This is expected to drive the rise in the global tomato seeds market during the forecast period. As a result, the tomato seeds market size was estimated to be USD 1.19 billion in 2023.
Large tomato seed section could expand tomato seed market
Large-sized tomato seeds section is expected to account for a significant proportion of the market. This is due to the fact that customers and the food industry prefer large tomatoes for their strong flavor and versatility in culinary applications. Additionally, the increasing demand for premium tomato products, sauces and pastes requires larger seed sizes. As a result, breeders and growers are increasingly focusing on growing large tomato varieties to meet evolving market needs, driving growth at this stage.
Farmland cultivation is important in the tomato seed market
Agricultural cultivation is expected to account for a significant portion of the market in the coming years. As the world's population expands, there is a growing need for increased food production, especially in sustainable agriculture. Tomato seeds tailored to specific field conditions, weather resistance, and disease resistance are gaining attention. Additionally, advances in agricultural technology and precision farming strategies are increasing the efficiency of tomato cultivation. These developments, coupled with growing awareness of the economic benefits and environmental sustainability of specialized tomato seeds, are driving significant adoption and boom in agricultural land use in the market.
Hybrid varieties could become more popular as tomato seeds in the market
Hybrid varieties are poised to gain traction in the tomato seed market. This is because hybrids typically offer higher yields, higher fault tolerance, and better uniformity than standard types. Farmers value these characteristics to maximize productivity and minimize risk. Hybrids are also tailored for specific market selection, uniform seed size, and long shelf life, making them attractive to both producers and consumers. Therefore, reliability and overall performance are contributing to the growing importance of the global Tomato Hybrid Seeds market.
Tomato seed market is still mainly dominated by open field technology
Open field technology continues to dominate the tomato seed market as its effectiveness and price effectiveness are being tested. This traditional technique provides enough space for large-scale cultivation and makes efficient use of resources such as sunlight and water. It also increases mechanization, simplifies agricultural operations and reduces labor costs.
Additionally, open field farming allows for crop rotation and pest management strategies, promoting sustainable practices. Although greenhouse and hydroponic systems provide a controlled environment, open-field techniques remain desirable for their reliability, scalability, and suitability to numerous geographic areas, and tomato seed Ensure continued market advantage.
Key attributes:
report attributes |
detail |
number of pages |
200 |
Forecast period |
2023-2030 |
Estimated market value in 2023 (USD) |
$1.19 billion |
Projected market value to 2030 (USD) |
$1.85 billion |
compound annual growth rate |
6.5% |
Target area |
global |
Company Analysis: Overview, Recent Developments, Revenue Analysis
-
BASF SE
-
Sakata Seed Co., Ltd.
-
Bayer Crop Science SE.
-
Syngenta AG
-
Gansu Dunhuang Seed Co., Ltd.
-
UPLLMt.
-
Group Limagrain Holding
-
RijkZwaanZaadteelt en Zaadhandel BV
Products – Analysis of the global tomato seeds market from three perspectives:
-
large tomato seeds
-
cherry tomato seeds
-
others
Application – Segmentation of the global tomato seeds market from three perspectives:
Types – Breakdown of the global tomato seeds market in three perspectives:
Technology – Global Tomato Seed Market Split in Two Perspectives:
-
open field
-
protected cultivation
Breakdown of the global tomato seeds market from the perspective of 25 countries:
-
North America
-
America
-
Canada
-
Europe
-
France
-
Germany
-
Italy
-
Spain
-
England
-
Belgium
-
Netherlands
-
turkey
-
Asia Pacific
-
China
-
Japan
-
India
-
South Korea
-
Thailand
-
Malaysia
-
Indonesia
-
Australia
-
new zealand
-
latin america
-
Brazil
-
Mexico
-
Argentina
-
middle east and africa
-
Saudi Arabia
-
United Arab Emirates
-
South Africa
For more information on this report, please visit https://www.researchandmarkets.com/r/8q9scw.
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.
attachment
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900