Citrus Seed Market Trends and Forecast
The future of the global citrus seed market looks promising with opportunities in the animal feed, oil extraction, dietary supplement, and personal care & cosmetic markets. The global citrus seed market is expected to reach an estimated $6.4 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing demand for natural and organic products in the food & beverage industry and rising awareness about the health benefits of citrus seeds & their derivatives.
• Lucintel forecasts that organic is expected to witness higher growth over the forecast period.
• Within this market, animal feed is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Citrus Seed Market
• United States: Southern Citrus Nurseries announced the launch of a new range of disease-resistant citrus seeds to combat citrus greening disease. The USDA also introduced incentives for citrus farmers to adopt improved seed varieties, targeting a 20% increase in yield by 2025.
• Brazil: Brazilian company Citrograf announced plans to expand its seed production facilities to meet growing domestic and international demand. The government set a target to boost citrus export by 15% by 2024, supported by subsidies for high-quality seed development.
• Spain: SpainÄX%$%Xs Eurosemillas S.A. invested in advanced research for developing drought-resistant citrus seed varieties. The Spanish government is collaborating with local producers to achieve a 10% increase in citrus production by 2025 through the use of enhanced seed technologies.
• India: Indian Agritech startup Bharat Citrus Seeds Pvt. Ltd. launched a new initiative to distribute high-yield citrus seeds to smallholder farmers. The Indian government announced a plan to double citrus cultivation area by 2026, providing subsidies and training for farmers on modern seed usage.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Citrus Seed Market by Segment
The study includes a forecast for the global citrus seed market by type, application, and region.
Citrus Seed Market by Type [Value from 2018 to 2030]:
• Organic
• Conventional
Citrus Seed Market by Application [Value from 2018 to 2030]:
• Animal Feeds
• Oil Extraction
• Dietary Supplements
• Personal Care & Cosmetics
• Others
Citrus Seed Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Citrus 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 citrus seed companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the citrus seed companies profiled in this report include-
• Citrosuco
• Louis Dreyfus Company
• Yantai North Andre Juice
• Sucocitrico Cutrale
• Citromax
• Peace River Citrus Products
• Rio Grande Juice Company
Recent Development in the Citrus Seed Market
• Semillas Fito: Semillas Fito has been actively expanding its research and development capabilities to enhance citrus seed quality. The company recently announced the development of new disease-resistant citrus seed varieties, aiming to support sustainable agriculture and improve yield efficiency for farmers globally.
• Syngenta: Syngenta has launched an innovative citrus seed treatment that promises to improve germination rates and protect against common soil-borne diseases. This new treatment aligns with the company’s commitment to advancing agricultural sustainability and providing farmers with more resilient crop options.
• Rijk Zwaan: Rijk Zwaan has introduced a series of new citrus seed hybrids that focus on improving fruit quality and shelf life. These new varieties are designed to meet the demands of both commercial growers and the fresh produce market, ensuring better profitability and reduced post-harvest losses.
• Enza Zaden: Enza Zaden has invested in a state-of-the-art breeding facility dedicated to citrus seed research. This facility will accelerate the development of new citrus varieties with improved traits such as drought tolerance and enhanced nutritional content, catering to the evolving needs of global agriculture.
• VoloAgri Group: VoloAgri Group has made significant strides in developing genetically improved citrus seeds through advanced biotechnology. Their latest offerings include seeds that offer higher resistance to pests and diseases, thereby reducing the need for chemical interventions and supporting eco-friendly farming practices.
Features of the Global Citrus Seed Market
Market Size Estimates: Citrus seed market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Citrus seed market size by type, application, and region in terms of value ($B).
Regional Analysis: Citrus 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 citrus seed market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the citrus seed market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the citrus seed market size?
Answer: The global citrus seed market is expected to reach an estimated $6.4 billion by 2030.
Q2. What is the growth forecast for citrus seed market?
Answer: The global citrus seed market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the citrus seed market?
Answer: The major drivers for this market are growing demand for natural and organic products in the food & beverage industry and rising awareness about the health benefits of citrus seeds & their derivatives.
Q4. What are the major segments for citrus seed market?
Answer: The future of the citrus seed market looks promising with opportunities in the animal feed, oil extraction, dietary supplement, and personal care & cosmetic markets.
Q5. Who are the key citrus seed market companies?
Answer: Some of the key citrus seed companies are as follows:
• Citrosuco
• Louis Dreyfus Company
• Yantai North Andre Juice
• Sucocitrico Cutrale
• Citromax
• Peace River Citrus Products
• Rio Grande Juice Company
Q6. Which citrus seed market segment will be the largest in future?
Answer: Lucintel forecasts that organic is expected to witness higher growth over the forecast period.
Q7. In citrus 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.
Q8. 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 citrus seed market by type (organic and conventional), application (animal feeds, oil extraction, dietary supplements, personal care & cosmetics, 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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