2028 Global Tomato Seeds Market Development Status, Competition Analysis, Type and Application
Global Tomato Seeds Market 2021 - 2028
The Global Tomato Seeds Market is accounted for $9.82 billion in 2021 and is expected to reach $16.29 billion by 2028 growing at a CAGR of 7.5% during the forecast period. Tomato is one of the most important vegetable crops, grown extensively in the tropical and sub-tropical climate. Tomato is a major vegetable consumed globally, second only to potatoes. Tomato seed is an embryonic plant with a protective coating around it. Seed development is a phase of the reproduction process in seed plants, known as spermatophytes, which include gymnosperm and angiosperm plants. Tomato seed business is a highly competitive one. Tomatoes are a substantial source of income and include a variety of nutraceutical and nutritional qualities. Tomatoes have been demonstrated to aid in management of blood pressure, strengthening of immune system, and improvement of skin health. The cherry tomato seeds segment is estimated to have a lucrative growth, due to the increasing demand for cherry tomato and high-profit margin associated with the cultivation of cherry tomato. North America is projected to hold the largest market share during the forecast period due to the growing demand for tomatoes from fresh and processed food industries. Asia Pacific is projected to have the highest CAGR over the forecast period owing to the increasing high-intensity cultivation of tomatoes.
Some of the key players profiled in the Tomato Seeds Market include Advanta, Asia Seed, BASF S.E, Bayer, Dongya Seed, East-West Seed, Gansu Dunhuang, Limagrain, Mahindra Agri, Monsanto, Namdhari Seeds, Sakata, Syngenta, Takii & Co Limited, and VoloAgri.
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