The North American fruit and vegetable seeds market was valued at USD 5.32 billion in 2023 and is estimated to reach USD 5.75 billion in 2024 from USD 10.73 billion by 2032, growing at a CAGR of 8.11% during the forecast period from 2024 to 2032.
Fruit & Vegetable Seeds are a major part of the seed industry, and the market is expected to show even greater potential in upcoming years with the increase in demand for healthy vegetables and fruits. These seeds are generally used to improve the quality of crop yield and to tackle the needs and requirements of the growing population. Hence, it is expected that companies in the agricultural industry will gain more interest in the market in the following years. The fruit & vegetable seeds have continued to build momentum with the increasing demand for innovative production practices, nutritional food, new product offerings to fight against pest incidences & improve crop yield, and agriculture modernization.
The specialized cultivation of food crops and diversified demand have acted as an opportunity for the market to have rapid growth. Other key factors driving the growth in the North American fruit & vegetable seeds market 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. Apart from these, there are also various challenges and restraints that the North American fruit & vegetable seeds market faces, these include variations in climatic conditions, regulations in Gm crop cultivation, and the long duration of the R&D process for new plant biotechnology traits.
Some of the major companies dominating the North American fruit & vegetable seeds market include Bayer Crop Science AG, Sakata Seed Corporation, Syngenta AG, Western Bio Vegetable Seeds Ltd., Monsanto Company, Groupe Limagrain, Advanta Limited, Takii & Co Ltd., Mahyco, Mahindra Agri.
Frequently Asked Questions
As of the latest data, the North America Fruits and Vegetables Seeds Market is valued at USD 5.32 billion in 2023.
In North America, tomato seeds, corn seeds, and lettuce seeds are major contributors.
In Canada, genetically modified seeds contribute to approximately X% of the market share, reflecting widespread adoption in agriculture.
The U.S. market addresses the demand for organic seeds by offering a diverse range of certified organic options, aligning with consumer preferences for organic produce.
Seeds for greenhouse cultivation hold a substantial market share of approximately X% in the United States, driven by the popularity of protected agriculture practices.
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