Tomato Seeds Market: Global Industry Analysis and Forecast (2024-2030)

Tomato Seeds Market was valued at US$ 1.24 Bn. in 2023 and is expected to reach US$ 1.89 Bn. by 2030, at a CAGR of 6.2% during a forecast period.
Tomato Seeds Market Overview:
The global tomato seeds market was valued at US$ 1.23 Bn. in 2023. Tomatoes have various nutraceutical and nutritional properties, as well as being a significant source of income. It is one of the most important contributors to food security. Tomatoes have been shown to help people manage blood pressure, strengthen their immune systems, and improve their skin health. They include potassium, which aids in blood pressure control.

Tomato seeds are high in Vitamin C, which helps to boost the immune system and keep skin looking young. Tomato seeds contain dietary fibers that aid in the reduction of harmful cholesterol levels. Tomato seeds also include a variety of digesting amino acids, which aid in the digestion process. They're also employed as a model in biochemistry, genomics, genetics, and breeding research.To know about the Research Methodology :- Request Free Sample Report

The report has covered the market trends from 2017 to forecast the market through 2030. 2023 is considered a base year. Special attention is given to 2023 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Tomato Seeds Market Dynamics:
Tomatoes can be effective for lowering blood pressure, reinforcing the immune system, and improving skin health. Also, tomatoes contain potassium, which helps to maintain blood pressure by relaxing the walls of blood vessels. Tomato seeds are a source of Vitamin C, which helps to improve immune health. Dietary fibres present in tomato seeds help in normalizing bad cholesterol levels. Additionally, tomato seeds contain digestive amino acids, which can improve the digestion process. Tomato seeds are also rich with vitamin C, which can be beneficial for maintaining healthy skin.

The high growth in the tomato seeds market sector is attributed to the increase of hybrid seed usage across developing economics, rising interest for new variations, such as grape tomatoes in matured/developed markets, growth in demand for tomatoes, thanks to the demand and growing cultivation. Also, a good return on investment in this segment is opening up opportunities and attracting growers, worldwide, to adopt hybrid tomato seeds for the production of tomatoes. On the other hand, the domain has certain limitations, like high investments, due to the rising costs, consumable nature of the seed, high R&D costs & related time frame, together with scepticism from farmers towards newer varieties.

As people become more aware of the high nutritional worth of vegetables, such as tomatoes, they consume more of them to meet a variety of dietary and nutritional needs. The previous aspect has resulted in an increase in tomato demand, which in turn stimulates demand for tomato seed. Hybrid seeds have been adopted as a result of considerations such as decreased acreage. Due to declining acreage, climate change, pest resistance, insufficient infrastructure, and post-harvest loss, new high-yielding and hybrid seeds are needed to assist farmers in increasing production.

Farmers are becoming more aware of the advantages of adopting hybrids, especially in growing economies like India and Brazil, where government backing is driving the market.

The demand of biotech industry in increasing due to increasing demand for hybrid tomato seeds.
Tomato Seeds Market segment analysis:
Based on product type, the open-pollinated/heirloom tomato seeds segment is expected to hold the largest share of the global market by 2030. Open-pollinated seeds are easy to produce and each plant can produce thousands of seeds. High economic yields can be achieved using open-pollinated seeds under less favourable growing conditions & lower crop inputs.
Tomato Seeds Market Regional Insight:
In the Global Tomato Seeds Market, Asia-Pacific is the fastest growing region. The main element driving market growth in the region is the increase in high-intensity tomato cultivation. Protected cultivation and other agricultural strategies like as plastic mulching and drip irrigation have been implemented by farmers in the region. Farmers are generating more revenue and cash flow from cultivating high-value vegetable crops than from producing field crops, thus the area under vegetables, in general, and tomatoes, in particular, is growing.

Major regional corporations are also boosting their R&D investments in order to generate hybrids using advanced breeding techniques. East-West Seed International, Namdhari Seeds Private Limited, Mahyco, Sakata Seeds Corporation, and Takii & Co Limited are only a few of the significant regional enterprises in Asia-Pacific.

The objective of the report is to present a comprehensive analysis of the global Tomato Seeds market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Tomato Seeds market dynamics, structure by analyzing the market segments and projects the global Tomato Seeds market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Tomato Seeds market make the report investor’s guide.
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Tomato Seeds Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 1.24 Bn.


Forecast Period 2024 to 2030 CAGR:
6.2%
Market Size in 2030:
US $ 1.89Bn.


 Segments Covered:
by Type
Hybrids
Open-Pollinated Varieties


by Growing Technology
Open-Field
Protected Cultivation


by Traits
Large Tomato Seeds
Cherry Tomato Seeds



Tomato Seeds Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Tomato Seeds Market, Key Players are
1.BASF S.E.
2. Bayer Science
3. Groupe Limagrain
4. Rijk Zwaan
5. Syngenta AG
6. UPL Limited
7. Sakata Seeds Co
8. East-West Seed
9. Namdhari Seeds
10. Enza Zaden BV
11. Bejo Zaden BV
12. Takii & Co
13. Abundant Seeds
14. Sakata Seed Co
15. Advanta Seeds
16. Gansu Dunhuang
17. Asia Seed Co
18. VoloAgri Group
19. Syngenta Crop

Frequently Asked Questions:

1. Which region has the largest share in Global Tomato Seeds Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Tomato Seeds Market?
Ans: The Global Tomato Seeds Market is growing at a CAGR of 6.2% during forecasting period 2024-2030.

3. What is scope of the Global Tomato Seeds market report?
Ans: Global Tomato Seeds Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Tomato Seeds market?
Ans: The important key players in the Global Tomato Seeds Market are – BASF S.E., Bayer Science, Groupe Limagrain, Rijk Zwaan, Syngenta AG, UPL Limited, Sakata Seeds Co, East-West Seed, Namdhari Seeds, Enza Zaden BV, Bejo Zaden BV, Takii & Co, Abundant Seeds, Sakata Seed Co, Advanta Seeds, Gansu Dunhuang, Asia Seed Co, VoloAgri Group, and Syngenta Crop

5. What is the study period of this market?
Ans: The Global Tomato Seeds Market is studied from 2023 to 2030.