North America Organic Seed Market to grow at 12% of CAGR by 2024, led by the U.S. - PowerPoint PPT Presentation

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North America Organic Seed Market to grow at 12% of CAGR by 2024, led by the U.S.

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Organic seed market for vegetables will generate over USD 1.8 billion in sales by 2024. Easy digestion, more nutritional value and anti-oxidant properties are encouraging the product consumption. – PowerPoint PPT presentation

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Title: North America Organic Seed Market to grow at 12% of CAGR by 2024, led by the U.S.


1
Organic Crop Seeds Market to gains at over 11 up
to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Organic seed Market
  • Organic Seed Market size is estimated to surpass
    USD 5.4 billion by 2024 according to a new
    research report by Global Market Insights, Inc.
  • Increasing natural food consumption due to change
    in consumer preferences has enhanced industry
    growth. Growing awareness among people regarding
    health benefits will drive the organic seed
    market. Natural and organic products have been
    primarily introduced to overcome bigger
    challenges including preservation of agricultural
    biodiversity, plant genetic diversity and crop
    production run by high-input of chemical systems
    which are toxic to nature and humans. It also
    addresses genetic vulnerability in crops and
    seeds grown, deficiencies of nutritional values
    in food supply and economic and social injustice
    faced by plant breeders, farmers and societies
    they feed.

3
Continued...
  • Non-synthetic food products have better taste,
    higher antioxidant characteristics and more
    nutritional value. Upsurge of food beverage
    industry due to changing consumer buying behavior
    especially in U.S., China, Germany, India,
    Malaysia and Indonesia will fuel the organic seed
    market demand.
  • Organic farming does not utilize harmful chemical
    fertilizers, pesticides, herbicides and
    insecticides while farming. Seed crops are sown
    for a longer time than food crops. In order to,
    collect seeds, plants must complete its entire
    life cycle, with additional time required for
    drying and curing the seeds. Supportive
    government regulatory norms encouraging chemical
    free farming during production of these will
    propel growth.
  • Organic seed market for vegetables will generate
    over USD 1.8 billion in sales by 2024. Easy
    digestion, more nutritional value and
    anti-oxidant properties are encouraging the
    product consumption. These vegetables are ideally
    grown in rain-fed, no or low external input use
    regions or areas.

4
U.S. Organic Seed Market Size, By Crop, 2013 -
2024 (USD Million)

5

Browse Full Market Research Report On Organic
Seeds Market _at_ https//www.gminsights.com/pressrel
ease/organic-seed-market Request for a Sample
of this Research Report _at_ https//www.gminsights.c
om/request-sample/detail/247 1154
https//www.gminsights.com/request-sample/detail/
49
6
Continued
  • Retailers is estimated to foreseen highest growth
    rate over 13.5 by 2024. Wholesalers buy seeds
    from farmers in huge quantities, stock in
    warehouses and resell them to retailers. Organic
    seed distribution from wholesalers will generate
    revenue over USD 3 billion by 2024.
  • Upsurge in demand for non-synthetic foods
    beverages particularly in the emerging countries
    coupled owing to increased disposable income has
    improvised distribution channel. Government
    involvement in supply chain system through
    various organizations, association, cooperatives
    and agencies will encourage organic seed market
    growth.
  • U.S. organic seed market for crops was worth more
    than USD 460 million in 2015. Favorable
    government regulations for non-synthetic farming
    and consumer awareness pertaining to health
    effects will drive the regional demand.
  • Shifting trends for consuming natural foods
    particularly in APAC is supporting product
    growth. Advanced farming technology with better
    supply chain management in Germany, France, UK
    and Italy will favor the overall Europe product
    market growth.

7
Continued
  • China organic seed market size is estimated to
    witness over 13 growth up to 2024. Increase in
    disposable income accompanied by inclination
    towards consuming natural foods are the factors
    driving industry trends. The natural food
    industry is continuing to grow, with its sales
    over USD 39 billion in 2015. Supportive
    government regulatory norms and increasing health
    awareness mostly in China and India will propel
    the product growth.
  • Global organic seed market share is highly
    competitive in nature due to presence of various
    local and regional manufacturers. Some of the key
    industry participants are Southern Exposure Seed
    Exchange, Wild Garden, Johnnys Selected, Fedco,
    Rijk Zwaan, Seed Saver Exchange, De Bolster, HILD
    Samen, Vitalis, High Mowing and Fleuren. Other
    manufactures include, Wild Garden Seed, Mass
    Plant, Fleuren, Territorial Company, Baker Creek
    Heirloom, Arnica Kwekerij, and Renees Garden.

8
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