Brocoli Seed Market Trends and Forecast
The future of the global brocoli seed market looks promising with opportunities in the farmland and greenhouse markets. The global brocoli seed market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for nutritious food choices and rising consumer awareness about health benefits.
• Lucintel forecasts that white is expected to witness highest growth over the forecast period.
• Within this market, farmland is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Brocoli Seed Market
• United States: Several seed companies like Seminis and Syngenta have announced enhanced breeding programs to develop high-yielding broccoli varieties resistant to prevalent diseases. The USDA has set targets to increase domestic broccoli production by 15% over the next five years, supporting these initiatives with research grants.
• China: Chinese seed companies such as Beijing Zhongnong Futong Agricultural Technology have launched new hybrid broccoli seeds designed for local growing conditions. Government initiatives aim to expand broccoli cultivation in the northern provinces to meet increasing domestic demand.
• India: Mahyco Seeds, in partnership with local agricultural universities, has introduced hybrid broccoli seeds tailored for Indian climates, aiming to boost production in states like Maharashtra and Karnataka. The Indian government has set targets to double broccoli cultivation areas by 2025 through subsidies and training programs for farmers.
• Europe (UK): UK-based seed companies like Tozer Seeds and Thompson & Morgan have invested in developing broccoli varieties resilient to climate change impacts. Government-backed initiatives focus on sustainable farming practices, aiming to increase broccoli yields while reducing environmental impact through incentives for biodiversity-friendly farming.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Brocoli Seed Market by Segment
The study includes a forecast for the global brocoli seed market by type, application, and region.
Brocoli Seed Market by Type [Value from 2018 to 2030]:
• White
• Green
• Yellow
• Others
Brocoli Seed Market by Application [Value from 2018 to 2030]:
• Farmland
• Greenhouse
• Others
Brocoli Seed Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Brocoli Seed Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies brocoli seed companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the brocoli seed companies profiled in this report include-
• Syngenta
• Bayer Crop Science
• Bejo
• Enza Zaden
• Rijk Zwaan
• Sakata
• Takii
• ICS
• Flandres Oignons
• Vilmorin
Recent Development in the Brocoli Seed Market
• Bayer CropScience AG: Bayer has focused on developing broccoli seed varieties with enhanced disease resistance and improved nutritional profiles to cater to health-conscious consumers seeking nutrient-dense vegetables. They have also expanded their distribution networks to reach more regions globally, supporting sustainable farming practices.
• Enza Zaden: Enza Zaden has been innovating in the broccoli seed market by introducing hybrid varieties that offer high yields and superior taste. Their research efforts have also been directed towards developing broccoli seeds that are adapted to various climatic conditions, ensuring consistent crop quality and yield stability for growers worldwide.
• Rijk Zwaan: Rijk Zwaan has made significant strides in the broccoli seed market by launching new hybrid varieties that exhibit uniformity in size and shape, meeting the demands of both fresh market and processing sectors. They have also invested in research to optimize seed production techniques, enhancing efficiency and sustainability across their supply chain.
• Sakata Seed Corporation: Sakata Seed Corporation has introduced broccoli seed varieties that are tailored for organic farming systems, responding to the growing consumer preference for organic produce. They have also collaborated with local farmers to promote best agricultural practices, ensuring high-quality broccoli crops and fostering community engagement.
• Bejo Seeds, Inc.: Bejo Seeds has been actively involved in breeding broccoli seeds with improved shelf life and post-harvest quality attributes, supporting their commitment to reducing food waste in the supply chain. They have also implemented digital farming solutions to assist growers in optimizing crop management practices, enhancing productivity and resource efficiency.
Features of the Global Brocoli Seed Market
Market Size Estimates: Brocoli seed market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Brocoli seed market size by type, application, and region in terms of value ($B).
Regional Analysis: Brocoli seed market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the brocoli seed market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the brocoli seed market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for brocoli seed market?
Answer: The global brocoli seed market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the brocoli seed market?
Answer: The major drivers for this market are growing demand for nutritious food choices and rising consumer awareness about health benefits.
Q3. What are the major segments for brocoli seed market?
Answer: The future of the brocoli seed market looks promising with opportunities in the farmland and greenhouse markets.
Q4. Who are the key brocoli seed market companies?
Answer: Some of the key brocoli seed companies are as follows:
• Syngenta
• Bayer Crop Science
• Bejo
• Enza Zaden
• Rijk Zwaan
• Sakata
• Takii
• ICS
• Flandres Oignons
• Vilmorin
Q5. Which brocoli seed market segment will be the largest in future?
Answer: Lucintel forecasts that white is expected to witness highest growth over the forecast period.
Q6. In brocoli seed market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the brocoli seed market by type (white, green, yellow, and others), application (farmland, greenhouse, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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