DUBLIN--(BUSINESS WIRE)--The "Global Tomato Seeds Market - Segmented by Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global tomato seeds market has been estimated at around USD 829.8 million in 2016. The market is expected to register a CAGR of 7.7% during the forecast period, 2018 to 2023. United States emerges as the most mature market, in terms of adoption of fresh tomato seeds, where innovative strategies, including development of new varieties with better tastes, are required to sustain the growth.
Markets in US, Canada and EU are mature, in terms of adoption of hybrid and high yielding seeds. Major players in developed economies are investing in R&D in order to bring tomato varieties with better tastes, exotic shapes, and colors. There are increasing trends towards the production of greenhouse tomatoes in countries such as the United States, Canada, and France. Moreover, in Mexico, 70% of the Protected Culture (PC) is claimed by the tomato cultivation, alone (Guan, Zhengfei et al., 2016).
Asia-Pacific is expected to grow faster, exhibiting a CAGR of 8.7%. Expanding cultivation in the region, especially in China and India, along with the adoption of hybrid varieties with better disease and drought resistance traits, emerges as a major growth driver. In 2016, China recorded a 2.7% increase from the previous year, and is expected to register a growth of 1.3% in 2017. Due to intensification of hybrids and HYVs, the yield is consistently increasing as well. In fact, the tomato yield per hectare in China was 54% larger than the global average in 2014.
- De Ruiter
- HM Clause
- Mikado Kyowa Seed
- Rijk Zwaan
- East-West Seeds
Key Topics Covered:
2. Research Scope & Methodology
3. Market Overview
4. Market Dynamics
5. Industry Analysis
6. Market Segmentation
7. Competitive Landscape
8. Company Profiles
9. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/r249f5/global_tomato?w=4