The Asia Pacific organic seeds market size is expected to reach USD 30.77 billion in 2024 and estimated to be growing at a CAGR of 13.6%, to reach USD 58.21 billion by 2029. With the increasing popularity for organic food and organic farming, and increasing environmental awareness regarding the use of chemical fertilizers and pesticides, the need for Organic Seeds is increasing which enhances the growth of this market in the aforementioned forecast period.
Use of harmful pesticides causes depreciation in retention capability of the soil and crop yield. Organic farming is a technique that does not involve these chemicals, instead it involves organic fertilizers like and compost, manure, bone meal, etc. and stresses on farming techniques like crop rotation. Products obtained from this technique have higher antioxidant capabilities and have better taste.
Major driving forces of the market are growing environmental concerns over conventional agricultural practices, the growing awareness regarding the negative health impact caused by utilizing chemicals in agriculture, increasing demand for non-synthetic products in Food and Beverage industry and favourable regulatory frameworks pertaining to organic farming in developed regions. But, expensive nature of organic seeds and supply-demand difficulties are likely to hamper the growth of market. Also, initiatives taken by government and agencies related to agriculture hold great future potential for market.
Based on Geographical analysis the market is separated into regions of China, India, Japan, South-Korea and Australia. China and India hold major share in the market. Higher adoption rate and favourable government regulations favoured the dominance of China. India is fastest growing due to rapid adoption rate and increasing farmer awareness. Crop wise Vegetable Seeds are leading the market by a small margin over Fruit and Nut Seeds due to ever increasing need to increased food production and growing population.
Some of the key players dominating this market include Seeds of Change, Johnny’s Selected Seeds, Fedco Seeds, High Mowing Organic Seeds, Seed Savers Exchange, Wild Garden Seeds, HILD Samen, Fleuren, Vitalis Organic Seeds, Navdanya, De Bolster, Maas Plant, Southern Exposure Seed Exchange and Arnica Kwekerij.
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