Market Overview
Global Tomato Seeds Market is likely to touch USD 12.20 billion at a 6.5% CAGR between 2019 – 2024, according to the new report by Market Research Future (MRFR). Tomatoes are added in dishes or diet to improve the taste and flavor of the food. They are also processed in order to store it for future use.
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On the contrary, the seeds perishable nature, high cost of research and development & associated time frame, and high investments are factors that may limit the global tomato seeds market growth over the forecast period.
Key Players
Eminent players profiled in the Global Tomato Seeds Market Report include East-West Seeds (Thailand), Sakata Seed Corporation (Japan), Namdhari Seeds Pvt. Ltd (India), BASF SE (Germany), Gansu Dunhuang Seed Co., Ltd. (China), Mahindra Agri Solutions Ltd. (India), Liaoning Dongya Agricultural Development Co., Ltd., (China), Takii & Company, Limited. (Japan), VoloAgri Group, Inc. (US), Bejo Zaden BV (Netherlands), Advanta Seeds Pty Ltd (Australia), Rijk Zwaan Zaadteelt en Zaadhandel B.V. (Netherlands), Syngenta Crop Protection AG (Switzerland), Vilmorin & Cie SA (France), and Asia Seed Co., Ltd. (South Korea).
Market Segmentation
The MRFR report gives an inclusive segmental analysis of the global tomato seeds market report based on category, variety, and plant type.
By variety, the Global Tomato Seeds Market is segmented into hybrid and heirloom. Of these, the heirloom segment will dominate the market over the forecast period. High nutritional content, open-pollinated, and cost-effectiveness are adding to the growth of the segment.
Regional Analysis
The global tomato seeds market in the APAC region is predicted to grow at a high CAGR over the forecast period. Increasing adoption of hybrid tomato seeds with better drought and disease resistance traits, growing population, and burgeoning demand for food owing to a favorable climate for tomato farming are adding to the global tomato seeds market growth in the region. China & India have the maximum share in the region for the growing cultivation of tomato.
The global tomato seeds market in the RoW is predicted to have sound growth over the forecast period.
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