The Asia-Pacific fruit and vegetable seeds market size is expected to reach USD 8.55 billion in 2024 and reach USD 12.87 billion by 2029, growing at a CAGR of 8.52% from 2024 to 2029.
The market continues to gain momentum with the increasing demand for innovative production practices, nutritional food, new product offerings to avoid pest incidences & improve crop yield, and modernization in agriculture.
Fruit & vegetable seeds are a significant part of the Asia-Pacific seeds industry and are predicted to show even higher potential in years to come, with the increase in demand for healthy vegetables and fruits. These seeds are generally used for high-quality crop yield to tackle the demands and needs of the increasing population. Hence companies in the agricultural industry are expected to show even more interest in this market in the upcoming years.
The specialized cultivation of food crops and diversified demand has created an opportunity for the Asia-Pacific fruit & vegetable seeds market to show such high potential. Other key factors driving the market growth include an increase in the rate of seed replacement, a growing market for genetically modified (GM) crops, and innovations in the mechanical inputs on Farms. These factors have played a crucial role in the growth experienced by the market lately. Besides these, factors like variations in climatic conditions, regulations in GM crop cultivation, and the long duration of the R&D process of new plant biotechnology traits have hindered Asia-Pacific fruit & vegetable seeds market growth.
Some of the major companies dominating the Asia-Pacific Fruit & Vegetable Seeds Market include Bayer CropScience AG, Monsanto Company, Syngenta AG, Advanta Limited, Takii & Co Ltd., Groupe Limagrain, Sakata Seed Corporation, Western Bio Vegetable Seeds Ltd., Mahyco, Mahindra Agri.
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