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Organic Seed Market Size, Industry Analysis Report, Regional Outlook, Downstream Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023
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Global Market Scenario of Organic Seed • Global organic seed market size was worth more than USD 1.6 billion in 2014 and is likely to reach valuation exceeding USD 4.3 billion by 2023, with estimated gains at above 13%. • Vegetable seed revenue share was the largest by accounting for more than 30% in 2014 and is also likely to witness highest gains from 2016 to 2023. Other products include fruits & nuts and filed crops. Fruits & nuts are likely to witness significant gains during the forecast period. • Restriction of using hazardous chemicals for agricultural production coupled with growing health problems is likely to drive organic seed market growth. • Organic seed market price trend is comparatively higher to that of the synthetic ones, which are likely to act as growth barrier.
Continue..... • Technology innovation and better supply chain networks to establish effective distribution chains are likely to provide growth opportunities. Also, regional government participation to help consumers understand and create awareness between legitimate & false products is likely to develop overall market growth. • OMRI hosts database for certified products with a goal to provide a common platform to find stock supplies. The site use is free to public and can be searched by variety or company or crop type. Industry participants must register with OMRI for database inclusion. • Global organic seed market share is fragmented and high industry completion prevails among the peers owing to presence of numerous regional and domestic suppliers. • Get more detail @ https://www.gminsights.com/industry-analysis/organic-seed-market
360° Analysis • Application Analysis • Global organic seed market share is fragmented and high industry completion prevails among the peers owing to presence of numerous regional and domestic suppliers. This industry experiences product supply shortage and fails to fulfill consumer demand. This factor leads to low bargaining power of buyers and puts supplier in commanding bargaining position. The market also posses threat from new entrants as there is high scope for development in unexplored regions of Latin America and Asia Pacific, where consumer awareness is low. • Regional Analysis • Asia Pacific is likely to witness high growth rates during the forecast period. Increasing consumer awareness about health benefits in countries such as China and India is likely to drive demand in the region. Other factors such as increasing consumer spending and population expansion are also likely to boost APAC demand. • Competitive Market Share • Key participants comprise of companies such as Johnny’s Selected Seeds, Seeds of Change, Fedco Seeds, Seed Savers Exchange, High Mowing Organic Seeds and Wild Garden Seeds. Other participants include Fleuren, Vitalis Organic Seeds, HILD Samen, Navdanya, Maas Plant, De Bolster, Arnica Kwekerij and Southern Exposure Seed Exchange.
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