Vegetable Seed Market Size, Share, Opportunities, Trends, and Report Segmented By Type, Farm Type, Trait, and Geography - Forecasts from 2024 To 2029

Vegetable Seed Market Size:

The vegetable seed market is estimated at US$8.782 billion in 2024 and is anticipated to grow at a CAGR of 6.06% to reach US$11.785 billion by 2029.

Vegetable Seed Market Highlights:

• Increasing global population is driving demand for vegetable seeds worldwide.
• Growing vegetable production is boosting the need for high-quality seeds.
• Asia Pacific is leading the market with high vegetable cultivation rates.
• Advancing genetically modified seeds are enhancing crop yield and resilience.
• Rising sustainable food demand is fueling interest in nutritious vegetable seeds.

Vegetable Seed Market Trends:

The global vegetable seeds market is estimated to grow at an expanding rate, as the growth in the total global demand for agricultural products. Vegetable seeds are a type of agricultural seed that is commonly used for the production of vegetables. These seeds are used as reproductive material for plants. The vegetable seed contains genetic information of the parent plant, and it also has the potential to develop into a new plant. They are also a good source of vitamins and nutrition for consumption. For instance, flaxseeds offer a higher dose of calories, protein, and fiber, whereas pumpkin seeds offer monounsaturated fats and omega-6 fats, among others.

Under the type segment of the global vegetable seeds market, the leafy category is estimated to attain the maximum market share. In contrast, the indoor category under the farm type segment will grow significantly. The genetically modified category of the trait segment is forecasted to grow at a faster rate as compared to the conventional category. The global vegetable seed market is estimated to witness a major increase with the increase in the global population. The growing popularity of sustainable and healthier foods among the population is also estimated to boost the demand for vegetable seeds in the market.  

One of the major driving factors for the global vegetable seeds market is the increasing global population. The global population has increased significantly in recent years, which is also estimated to simultaneously increase the demand for a healthier and sustainable fruit market. Similarly, the increase in the global production of vegetables worldwide is also estimated to push the market share of vegetable seeds. The use of vegetable seeds also offers a key application in the indoor farming sector.

The major challenge to the global vegetable seeds market is forecasted to be the growing use of chemicals, fertilizers, and pesticides, among other things. The expanding use of chemicals and fertilizers worldwide is expected to reduce the impact of these seeds' efficiency and market share.

Vegetable Seed Market Growth Drivers:

• Increasing production of vegetables across the globe.

The growing demand for vegetables globally pushes the market demand for vegetables and increases the production quantity of vegetables. Expanding vegetable production across the market will grow the global vegetable seed market. India is among the biggest producers of fruit and vegetables across the globe. The National Horticulture Board, in its report, stated that in 2023-24, India produced approximately 112.62 million metric tonnes of fruits and about 204.96 million metric tonnes of vegetables. The report further stated that India is the largest producer of onion, ginger, and okra, among other vegetables. India is the second biggest producer of multiple types of vegetables, like potatoes, cauliflowers, brinjal, and cabbage, among others.

Similarly, the US Department of Agriculture, in its Foreign Agriculture Service report, stated that the production of tomatoes has grown significantly in Mexico in the past few years. It was also reported that in 2021, the total production of tomatoes was 3.324 million metric tons, which grew to about 3.461 million metric tons in 2022.

• Rising demand for vegetables with the rise in population.

One of the major driving factors that is expected to push the global demand for vegetable seeds is the growing population. With the increasing global population, the demand for vegetables and healthier food products has increased significantly. The World Bank stated that in 2021, the global population was about 7.89 billion, which increased to about 7.95 billion in 2022. The total population of the globe increased to about 8.02 billion in 2023.

With the increase in the global population, the total production of vegetables also increases significantly. The total production of vegetables grew significantly over the years, especially in the USA. The United States Department of Agriculture, National Agricultural Statistics Service report stated that in 2023, total production of the 26 estimated vegetables and melon crops was recorded at about 758 million cwt. The total value of the production of vegetable crops in 2023 was estimated at US$19.5 billion.

Vegetable Seed Market Restraints:

• Growing use of fertilizers and pesticides in the agricultural sector

The major challenge is expected to act as a hindrance to the vegetable seeds in the global market. The global use of fertilizers, pesticides, and other chemicals reduces the production efficiency of the seeds. The International Fertilizer Association, in its regional product overview of 2022, estimated that about 24,480 thousand tons of nutrients were produced in East Asia. In contrast, about 14,469 thousand tons of nutrients and 7,129 thousand tons of nutrients were produced in Africa and West Asia, respectively.

Vegetable Seed Market Geographical Outlook:

• Asia Pacific is anticipated to hold a significant share of the Vegetable Seed Market

The vegetable seed market is experiencing robust growth, with the Asia-Pacific region projected to capture a significant market share due to its thriving agricultural sector and high vegetable production. Countries like India, China, and Malaysia are among the world’s largest vegetable producers, driven by population growth, food demand, and farming efficiency. Asia-Pacific’s diverse climate and fertile terrain support the cultivation of a wide range of vegetables, boosting the demand for high-quality seeds.

In India, a large vegetarian population and increasing food security needs drive vegetable seed demand. The Indian Ministry of Agriculture & Farmers Welfare reported that horticulture production rose from 347.18 million tons in 2021-22 to 355.48 million tons in 2022-23, reflecting strong growth in vegetable cultivation (Ministry of Agriculture, 2023). China, the world’s top vegetable producer, supports market expansion through large-scale farming and export markets. Malaysia and other ASEAN countries contribute to tropical vegetable production, enhancing regional output.

Asia-Pacific is a leading exporter of vegetables, with countries like India and China supplying global markets, increasing the need for hybrid seeds and disease-resistant varieties. Government initiatives, such as India’s Seed Mission, promote seed technology and sustainable agriculture, further driving market growth. Technological advancements in seed breeding, including genetic modification and precision agriculture, enhance crop yields and resilience, aligning with food security goals.

North America and Europe follow, with demand for organic seeds and sustainable farming practices. South America, and Middle East and Africa are emerging markets, driven by agricultural modernization. Challenges like climate variability persist, but innovative seed solutions mitigate these issues. The vegetable seed market thrives on population-driven demand, agricultural innovation, and export growth, with Asia-Pacific leading due to its productive farmlands and policy support.

The Indian Government's Ministry of Agriculture & Farmers Welfare, in its report, stated that in 2023-24, India’s horticulture production was estimated at about 347.18 million tons in 2021-22, which increased to about 355.48 million tons in 2022-23. Furthermore, the Asian Pacific region is also among the biggest exporters of fruits and vegetables worldwide.

Vegetable Seed Market Key Players:

• Mahindra Agri is an Indian agri-technology product that offers multiple types of seeds, like potato seeds, crop care, micro irrigation, and grapes export, among others. The vegetable crops should offer Ramaya, Virat, Bottle Gourd, Cucumber, and Imported Coriander, Karishma, among others. 
• Takii Europe B.V. is a part of Takii & Co., of the biggest vegetable and flower breeders. The company offers broccoli, brussels sprouts, bunching onions, cabbage, and carrots in the vegetable seed market.

Vegetable Seed Market Recent Developments:

• In May 2024, Bayer AG introduced an advanced genome-editing initiative, which is estimated to enhance the nutrition of vegetables. Under the agreement, the company also aims to develop a broader variety of tomato products.
• In August 2024, the Prime Minister of India launched 109 high-yielding varieties of seeds. The government's seeds aim to be climate resilient and biofortified. These crops include 34 field crops and 27 horticultural crops. In horticulture, the seeds include fruits, vegetables, plantation crops, and tuber crops, among others.

List of Top Vegetable Seed Companies:

• W. Atlee Burpee & Co. 
• Mahindra Agri-Business 
• Bayer AG 
• Takii & Co. Ltd.
• Syngenta

Vegetable Seed Market Scope:

Report Metric	Details
Vegetable Seed Market Size in 2024	US$8.782 billion
Vegetable Seed Market Size in 2029	US$11.785 billion
Growth Rate	CAGR of 6.06%
Study Period	2019 to 2029
Historical Data	2019 to 2022
Base Year	2024
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Billion
Segmentation	Type Farm Type Trait Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Vegetable Seed Market	W. Atlee Burpee & Co. Mahindra Agri-Business Bayer AG Takii & Co. Ltd. Syngenta
Customization Scope	Free report customization with purchase

 

The Vegetable Seed Market is analyzed into the following segments:

• By Type
  • Solanaceae
  • Brassica
  • Root Bulb
  • Leafy
  • Others
• By Farm Type
  • Indoor
  • Outdoor
• By Trait
  • Conventional
  • Genetically Modified
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. VEGETABLE SEED MARKET BY TYPE

5.1. Introduction

5.2. Solanaceae

5.3. Brassica

5.4. Root Bulb

5.5. Leafy

5.6. Others

6. VEGETABLE SEED MARKET BY FARM TYPE

6.1. Introduction

6.2. Indoor

6.3. Outdoor

7. VEGETABLE SEED MARKET BY TRAIT

7.1. Introduction

7.2. Conventional

7.3. Genetically Modified

8. VEGETABLE SEED MARKET BY GEOGRAPHY

8.1. Introduction

8.1. North America

8.1.1. By Type

8.1.2. By Farm Type

8.1.3. By Trait

8.1.4. By Country

8.1.4.1. United States

8.1.4.2. Canada

8.1.4.3. Mexico

8.2. South America

8.2.1. By Type

8.2.2. By Farm Type

8.2.3. By Trait

8.2.4. By Country

8.2.4.1. Brazil

8.2.4.2. Argentina

8.2.4.3. Others

8.3. Europe

8.3.1. By Type

8.3.2. By Farm Type

8.3.3. By Trait

8.3.4. By Country

8.3.4.1. Germany

8.3.4.2. France

8.3.4.3. United Kingdom

8.3.4.4. Spain

8.3.4.5. Others

8.4. Middle East and Africa

8.4.1. By Type

8.4.2. By Farm Type

8.4.3. By Trait

8.4.4. By Country

8.4.4.1. Saudi Arabia

8.4.4.2. Israel

8.4.4.3. Others

8.5. Asia Pacific

8.5.1. By Type

8.5.2. By Farm Type

8.5.3. By Trait

8.5.4. By Country

8.5.4.1. China

8.5.4.2. Japan

8.5.4.3. South Korea

8.5.4.4. India

8.5.4.5. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES 

10.1. W. Atlee Burpee & Co.

10.2. Mahindra Agri-Business

10.3. Bayer AG

10.4. Takii & Co. Ltd.

10.5. Syngenta

10.6. Sakata Seed America

10.7. Kitazawa Seed Company

10.8. Corteva 

10.9. Limagrain

10.10. Vokkal Seed

10.11. East West Seed India

10.12. Rijk Zwaan India

10.13. German Seed Alliance

10.14. BASF Agriculture Solutions

W. Atlee Burpee & Co. 

Mahindra Agri-Business 

Bayer AG 

Takii & Co. Ltd.

Syngenta 

Sakata Seed America 

Kitazawa Seed Company 

Corteva  

Limagrain 

Vokkal Seed 

East-West Seed India 

Rijk Zwaan India 

German Seed Alliance 

BASF Agriculture Solutions