The Tomato Seeds Global Market Report 2023 by The Business Research Company, provides tomato seeds market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Tomato Seeds Global Market Report 2023, the market size will grow from $1.21 billion in 2022 to $1.33 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The tomato seeds market size is expected to grow to $1.78 billion in 2027 at a CAGR of 7.6%.
The increasing demand for fresh vegetables is driving the growth of the tomato seeds market. As the need for fresh veggies grows, so does the demand for tomato seeds, which are a key ingredient in many vegetarian meals.
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The tomato seeds market is segmented:
1) By Product Type: Hybrid Tomato Seeds, Open Pollinated Or Heirloom Tomato Seeds
2) By Plant Type: Determinate, Indeterminate
3) By Growing Technology: Open-Field, Protected Cultivation
4) By Size: Large Tomato Seeds, Cherry Tomato Seeds
5) By Application: Farmland, Greenhouse, Other Applications
Technological advancements have emerged as a key trend gaining popularity in the tomato seeds market. The key players in the tomato seeds sector are focusing on developing technologically advanced products to strengthen their position in the market. For instance, in March 2021, Sanatech Seed, a Japan-based planting company launched ‘Sicilian Rouge High GABA’, the world’s First Genome-Edited Tomato. CRISPR-Cas9 gene-editing technology was used to create Sanatech Seed’s Sicilian Rouge High GABA tomato. This tomato is high in gamma-aminobutyric acid (GABA), an amino acid that is thought to aid relaxation and lower blood pressure.
The tomato seeds market report table of contents includes:
1. Executive Summary
2. Tomato Seeds Market Characteristics
3. Tomato Seeds Market Trends And Strategies
4. Tomato Seeds Market – Macro Economic Scenario
5. Tomato Seeds Market Size And Growth
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26. Africa Tomato Seeds Market
27. Tomato Seeds Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tomato Seeds Market
29. Tomato Seeds Market Future Outlook and Potential Analysis
30. Appendix
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