Organic Seed Market size to exceed $6.7bn by 2027

Organic Seed Market size is set to surpass USD 6.7 billion by 2027, according to a new research report by Global Market Insights Inc.
 

Global organic seed industry is growing at a significant pace due to stringent regulations pertaining to the use of agriculture chemicals such as synthetic pesticides and herbicides in the U.S. and the European Union. Shift of health-conscious consumers toward natural food products & ingredients is anticipated to drive the organic seed demand.
 

Fruits & nuts seed product segment is set to witness over 8.5% CAGR through 2027 owing to the increasing demand for plant-based food products.

Organic seed market from fruits & nuts seed segment is set to surpass USD 2.1 billion by 2027. Consumers in developed countries such as the U.S., Canada, the UK, Italy, France, and Germany are opting for plant-based food products, mainly due to the increasing vegan population. Factors such as rising focus toward healthy & sustainable lifestyles is also promoting the need for plant-based food and food products such as fruit & nuts. This will lead to higher fruits & nuts seed product demand over the projected period.
 

The pumpkin seeds segment is predicted to grow at CAGR of over 9.5% between 2021 to 2027. Pumpkin seeds are considered as low-calorie food and are rich sources of minerals and vitamins. They offer a variety of health benefits such as reducing the risk of cancers and improving bladder & heart health. Increasing consumer preference for nutritional & healthy food is anticipated to boost requirements for pumpkin seeds, contributing to the organic seed market expansion.
 

Organic seed demand from retailer distribution channel is set to register over 9% CAGR through 2027 owing to a rise in the number of retail stores worldwide.

The retailer distribution channel segment exceeded USD 800 million in 2020. Retailers offer a variety of organic seed products produced from various seed companies. The customers have easy access to a wide range organic oilseeds, vegetables, fruits, and nut seeds and can also compare the quality of products before purchasing.
 

Browse key industry insights spread across 300 pages 87 market data tables and 8 figures & charts from the report “ Global Organic Seed Market Statistics By Product (Vegetable Seeds {Leafy & Cruciferous Vegetable seeds, Gourd & Root Vegetable Seeds}, Crop Seeds {Wheat, Rice, Corn Barley & Oats}, Fruits & Nuts Seeds {Pumpkin seeds, Flax seeds}, Oil Seeds {Soybean Seeds, Sunflower Seeds}), Distribution channel (Wholesalers, Retailers, Cooperatives), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/organic-seed-market
 

Rising health-consciousness among consumers in Europe should propel product demand

Europe organic seed market is expected to reach over USD 1.8 billion in 2027. Rise in consumer health-consciousness coupled with increasing prevalence of lifestyle diseases such heart diseases and colon cancer has resulted in a high demand for vegetables, fruits, and nuts. European consumers are willing to pay premium prices for organic food products, primarily due high awareness about multiple health benefits of organic products such as rich nutrition profile. Furthermore, supporting government regulations related to organic farming along with high focus of food & beverage manufacturers on launching organic food & beverage products should drive regional market share.
 

Players in organic seed market are implementing multiple strategies such as enhancing product portfolio and acquisitions & mergers to sustain their position in the market globally. The major players include Seed Saver Exchange, Fedco, Southern Exposure Seed Exchange, Johnny’s Selected, Renee’s Garden, Baker Creek Heirloom, and High Mowing.