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(Medical-NewsWire.com, September 19, 2017 ) The Global Organic Seeds Market was worth USD 1.952 billion in 2016 and estimated to be growing at a CAGR of 14.3%, to reach USD 3.808 billion by 2021. With the increasing popularity for organic food and organic farming, and increasing environmental awareness regarding the use of chemical fertilizers and pesticides, the need for Organic Seeds is increasing which enhances the growth of this market in the aforementioned forecast period.
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Organic farming is an alternative agricultural system which relies on fertilizers of organic origin like compost, manure, green manure and bone meal and emphasizes techniques like crop rotation. Organic farming does not use harmful chemical fertilizers like pesticides, herbicides and insecticides. Seed crops are sown for longer duration than food crops. In order to collect seeds, plants must complete its entire life cycle, with additional time required for drying and curing seeds. Non-synthetic food products have better taste, higher antioxidant characteristics and more nutritional value.
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The growth of Organic Seeds market is driven by the growing awareness regarding the negative health impact caused by utilizing chemicals in agriculture, growing environmental concerns over conventional agricultural practices, increasing demand for non-synthetic products in Food and Beverage industry and favourable regulatory frameworks pertaining to organic farming in developed regions. However, high costs of organic seeds and supply-demand woes are likely to hamper the growth of market. Also, initiatives taken by government and agencies related to agriculture hold great future potential for market.
Global Organic Seeds Market Segmentation o Crop Type Field-Crop Seeds Vegetable Seeds Fruits and Nuts Seeds Other Vegetation Y-o-Y Growth Analysis, By Crop Type Market Attractiveness Analysis, By Crop Type Market Share Analysis, By Crop Type
o Application Agriculture Horticulture Other Practices Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application o Distribution Channel Wholesalers Retailers Cooperatives Y-o-Y Growth Analysis, By Distribution Channel Market Attractiveness Analysis, By Distribution Channel Market Share Analysis, By Distribution Channel
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Based on Geographical analysis the market is separated into regions of North America, Asia-Pacific, Europe, Latin America and Middle East and Africa. North America is leading the market while Asia-Pacific is at second place. Higher adoption rate and favourable government regulations favoured the dominance of North America. Crop wise Vegetable Seeds are leading the market by a small margin over Fruit and Nut Seeds due to ever increasing need to increased food production and growing population.
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Some of the key players dominating this market include Seeds of Change, Johnny’s Selected Seeds, Fedco Seeds, High Mowing Organic Seeds, Seed Savers Exchange, Wild Garden Seeds, HILD Samen, Fleuren, Vitalis Organic Seeds, Navdanya, De Bolster, Maas Plant, Southern Exposure Seed Exchange and Arnica Kwekerij.
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