Vegetable Seed Market  - Europe Growth, Trends and Forecasts (2017 - 2022)

Vegetable Seed Market - Europe Growth, Trends and Forecasts (2017 - 2022)

Purchase Report

Market Insights

The vegetable seed market is a key segment in the European agriculture, contributing 13.6% of its agricultural output. The European Union (EU) constitutes one of the world’s most important fresh vegetable import regions. Vegetable breeding has made a significant contribution to the continuous growth of vegetable consumptions in the EU. The Europe vegetable seed market was USD 1958.33 million in the year 2013 and is expected to witness a rapid growth rate to reach USD XX million by 2022, with a CAGR of 6.5% over the forecast period.

Market Dynamics

The factors that are driving the Europe vegetable seed market are the increasing demand for vegetable seeds, the rapid development of new varieties with various traits, such as biotic and abiotic stress resistance, and huge import and export markets. While these factors are favorable for the growth of the vegetable seed industry in Europe, high seed cost, perishable nature of seeds,  R&D costs to develop new varieties and increasing incidence of illegal multiplication of vegetable varieties are few factors that are limiting the growth of the market. Opportunities that will favor the market growth are high investments made in Europe, to develop novel seed varieties and new seed laws, which are promoting the growth of vegetable seed market.

Market Segmentation

The market has been broadly segmented by the vegetable type into tomato, cabbage, sweet pepper, lettuce, watermelon, onion, melon, Chinese cabbage, hot pepper, carrot, sweet corn, eggplant and others. The tomato seed market has a significant market share in the European vegetable seed market. Eggplant is expected to witness the fastest growth during the forecast period. Tomatoes, carrots and onions were the most important vegetables in Europe, in 2015.

Geographically, the Netherlands, Spain and Italy were the most important vegetable producing regions accounting for a major portion of the vegetable output, in 2015. Italy and Spain contributed to two-thirds of the tomato production, while carrot production was high in Poland and the United Kingdom. EUs main onion producing regions were the Netherlands and Spain. The Netherlands is the second largest exporter and the number one importer of vegetable seeds and accounts for nearly 10.29% of the global imports. During 2017-2022, import value of the Netherlands is expected to grow at an estimated CAGR of 0.50%, and the import value of its vegetable seeds is expected to reach USD 389.3 million, by 2022. The Netherlands vegetable seed market is a mature market, and the scope for expansion is less as compared to other emerging markets.

Major Companies in the Sector Include:

  • Monsanto
  • Syngenta
  • Takii Europe
  • ermaZaden
  • Pop Vriend Seeds B.V.

Recent Industry Insights

The top vegetable seed companies occupy a major chunk of the vegetable seed market in Europe. They constantly introduce new varieties and hybrids into the market. Syngenta and Rijk Zwaan have announced the signing of an extensive cross-licensing agreement on native traits in vegetables, in the year 2016. Other than following strategies, such as agreements, mergers and acquisitions, the companies are also focusing on expansion, which was quite evident with Sakata Seed Corporation inaugurating its new research center in Uchaud (Gard, France); focusing on areas, such as vegetable breeding and vegetable pathology, among others. The crops being considered for research are charentais melons, tomatoes and peppers.

Key Deliverables in the Study

  • Market analysis for the Europe vegetable seed market, with region-specific assessments and competition analysis.
  • Market overview and identification and analysis of the macro and micro factors that affect the Europe vegetable seed market and also instrumental in changing the market scenario, on a regional scale.
  • Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.

The report holds importance for the following stakeholders-

  • Producers and manufacturers
  • Agricultural input companies
  • Enterprises operating in the industry
  • Traders and stakeholders operating in the sector
  • Investors/research institutions interested in the market

Customization Options:

  • Supply chain analysis
  • Regulatory framework
  • Trade analysis
  • Trend analysis

 

1. Introduction

                1.1 Key deliverables of the study

                1.2 Study assumptions

                1.3 Market definition

2. Research approach & methodology

                2.1 Introduction

                2.2 Research designs

                2.3 Study phases

                                2.3.1 Secondary research

                                2.3.2 Discussion guide

                                2.3.3 Econometric modelling

                                2.3.4 Expert validation

                                2.3.5 Study timeline

3. Key findings of the study

4. Market dynamics

                4.1 Drivers

                                4.1.1 Ever Increasing Vegetable Demand

                                4.1.2 Development of New Varieties

                                4.1.3 Huge Import and Export Market

                4.2 Constraints

                                4.2.1 High Seed Cost

                                4.2.2 Perishable Nature of Seed

                                4.2.3 High R&D Cost

                                4.2.4 Illegal Multiplication of Vegetable Varieties

                4.3 Opportunities

                                4.3.1 High investment on R&D

                                4.3.2 New Seed Laws Promoting Vegetable Seed Market

                4.4 Porter’s Five Forces Analysis

                                4.4.1 Bargaining Power of Buyers

                                4.4.2 Bargaining Power of Suppliers

                                4.4.3 Threat of New Entrants

                                4.4.4 Threat from Substitute Products

                                4.4.5 Competition Rivalry

                4.5 Market segmentation by trade

                                4.5.1 France

                                                4.5.1.1 Analysis of import (value, quantity and major trade partners)

                                                4.5.1.2 Analysis of emport (value, quantity and major trade partners)

                                4.5.2 Italy

                                                4.5.2.1 Analysis of import (value, quantity and major trade partners)

                                                4.5.2.2 Analysis of emport (value, quantity and major trade partners)

                                4.5.3 Spain

                                                4.5.3.1 Analysis of import (value, quantity and major trade partners)

                                                4.5.3.2 Analysis of emport (value, quantity and major trade partners)

                                4.5.4 The Netherlands

                                                4.5.4.1 Analysis of import (value, quantity and major trade partners)

                                                4.5.4.2 Analysis of emport (value, quantity and major trade partners)

                                4.5.5 Hungary

                                                4.5.5.1 Analysis of import (value, quantity and major trade partners)

                                                4.5.5.2 Analysis of emport (value, quantity and major trade partners)

                                4.5.6 Denmark

                                                4.5.6.1 Analysis of import (value, quantity and major trade partners)

                                                4.5.6.2 Analysis of emport (value, quantity and major trade partners)

                                4.5.7 Poland

                                                4.5.7.1 Analysis of import (value, quantity and major trade partners)

                                                4.5.7.2 Analysis of emport (value, quantity and major trade partners)

                4.6 Market segmentation by vegetable type

                                4.6.1 Tomato

                                4.6.2 Cabbage

                                4.6.3 Sweet Pepper

                                4.6.4 Lettuce

                                4.6.5 Watermelon

                                4.6.6 Onion

                                4.6.7 Melon

                                4.6.8 Chinese Cabbage

                                4.6.9 Hot Pepper

                                4.6.10 Carrot

                                4.6.11 Sweet Corn

                                4.6.12 Eggplant

                                4.6.13 Others

                4.7 Competitive Landscape

                                4.7.1 Strategies Adopted by Leading Players

                                4.7.2 Most active companies in the past five years

                                4.7.3 Market Share Analysis

                4.8 Company Profiles

                                4.8.1 Monsanto

                                4.8.2 Syngenta

                                4.8.3 Takii Europe

                                4.8.4 ermaZaden

                                4.8.5 Pop Vriend Seeds

                                4.8.6 DuPont India

                                4.8.7 Bayer CropScience (Nunhems)

                                4.8.8 Limagrain

                                4.8.9 Sakata Seeds

                4.9 Abbreviations

                4.10 Disclaimer

Purchase Report

Our Clients Include View All

Looking to Customize Report?

Complete your payment details below

Shipping & Billing Information

Payment Information