Title: North America Organic Seed Market to grow at 12% of CAGR by 2024, led by the U.S.
1Organic 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.
3Continued...
- 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.
4U.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/
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6Continued
-
- 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.
7Continued
-
- 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. -
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