Overview and Scope
A tomato seed refers to a seed that would germinate and produce a little, dormant tomato plant. when the climatic conditions are favorable. Tomato seeds are high in digesting fiber and amino acids, which aid in better nutrient absorption, increase metabolism, and promote intestinal health.
Sizing and Forecast
The tomato seeds market size has grown strongly in recent years. It will grow from $1.31 billion in 2023 to $1.41 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to consumer demand, crop yield and quality, global agriculture trends, climate change and environmental factors.
The tomato seeds market size is expected to see strong growth in the next few years. It will grow to $1.95 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to population growth, changing consumer preferences, urbanization and greenhouse cultivation, global trade and market liberalization, pest and disease management. Major trends in the forecast period include biotechnological advancements, growth in organic and non-gmo segments, urban and controlled environment farming, biodiversity and heirloom varieties, sustainable packaging and marketing, digital agriculture.
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Segmentation & Regional Insights
The tomato seeds market covered in this report 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
North America was the largest region in the tomato seeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tomato seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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. For instance, according to the Business Standard, an India-based newspaper, India’s overall horticulture production reached 326.58 metric tons in 2021, up 5.81 metric tons from 2020. In addition, vegetable production reached 193.61 metric tons in 2021, up 2.5% from 188.91 metric tons in 2020. Thus, the increasing demand for fresh vegetables is expected to propel the growth of the tomato seeds market going forward.
Key Industry Players
Major companies operating in the tomato seeds market report are BASF SE, Bayer CropScience LP., Limagrain Holding SA, Rijk Zwaan Zaadteelt en Zaadhandel B. V., Syngenta AG, United Phosphorus Limited, East West Seeds India Private Limited, Namdhari Seeds Pvt. Ltd., Asia Seed Co. Ltd, Takii & Co. Ltd, Mahindra Agri Solutions Limited, Bejo Zaden B. V., Liaoning Dongya Agricultural Development Co. Ltd., E. I. du Pont de Nemours and Company., Sakata Seed Corporation, Enza Zaden Beheer B. V., Known-You Seed Co. Ltd., Groupe Roullier, Vilmorin & Cie SA, Johnny’s Selected Seeds Inc., Harris Moran Seed Company, HM. CLAUSE, Barenbrug Holding B. V., Tozer Seeds Europe Ltd., E. W. Gaze Seeds Co. Ltd., Seed Co Limited, BHN Seed Inc., Tomato Breeders Supply Company Inc., Suba Seeds Company Spa, Western Seed Company, Rispens Seeds
The tomato seeds market report table of contents includes:
1. Executive Summary
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