Lotus Root Seeds Market Trends and Forecast
The future of the global lotus root seeds market looks promising with opportunities in the farmland and greenhouse markets. The global lotus root seeds market is expected to reach an estimated $163.2 million by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing popularity of lotus root as a nutritious food choice, expansion of aquaculture and ornamental gardening industries boosting demand for lotus root seeds, and growing awareness of the health benefits of lotus root seeds.
• Lucintel forecasts that bagged is expected to witness higher growth over the forecast period.
• Within this market, farmland is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Lotus Root Seeds Market
• China – Companies like China Lotus Seed expanding lotus root seed production for culinary and medicinal purposes. Government promotes modern agricultural techniques and exports of lotus products.
• Japan – Mitsui AgriScience focusing on developing hybrid lotus root seeds for higher yields. Government targets include promoting lotus root cultivation in rural revitalization programs.
• India – FarmFresh Fine Foods introducing organic lotus root seeds for health-conscious consumers. Companies aim to increase exports with government support for organic farming incentives.
• Vietnam – Mekong Delta farmers adopting improved lotus root seed varieties for export markets. Government initiatives include subsidies for enhancing agricultural productivity and quality standards.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Lotus Root Seeds Market by Segment
The study includes a forecast for the global lotus root seeds market by type, application, and region.
Lotus Root Seeds Market by Type [Value from 2018 to 2030]:
• Bagged
• Canned
Lotus Root Seeds Market by Application [Value from 2018 to 2030]:
• Farmland
• Greenhouse
• Others
Lotus Root Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Lotus Root Seeds 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 lotus root seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lotus root seeds companies profiled in this report include-
• Syngenta
• Limagrain
• Bayer Crop Science
• Bejo
• Enza Zaden
• Rijk Zwaan
• Sakata
• Voloagri
• Takii
• Monsanto
Recent Development in the Lotus Root Seeds Market
• Zhejiang Zhongbao Seed Industry: Introducing hybrid lotus root seed varieties with improved disease resistance and higher yield potential, aiming to enhance productivity for farmers.
• Thailand Lotus Seed Co., Ltd.: Launching a sustainable farming initiative for lotus root seeds, focusing on organic cultivation practices and environmental stewardship.
• Hokkaido Agricultural Research Center: Collaborating with local farmers to develop novel lotus root seed strains adapted to cold climates, supporting regional agricultural diversification.
• Linhai City Fruits and Vegetables Seed Co., Ltd.: Innovating in lotus root seed breeding to produce varieties with enhanced nutritional content and flavor profiles, targeting premium markets.
Features of the Global Lotus Root Seeds Market
Market Size Estimates: Lotus root seeds market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Lotus root seeds market size by type, application, and region in terms of value ($M).
Regional Analysis: Lotus root seeds 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 lotus root seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the lotus root seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the lotus root seeds market size?
Answer: The global lotus root seeds market is expected to reach an estimated $163.2 million by 2030.
Q2. What is the growth forecast for lotus root seeds market?
Answer: The global lotus root seeds market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the lotus root seeds market?
Answer: The major drivers for this market are increasing popularity of lotus root as a nutritious food choice, expansion of aquaculture and ornamental gardening industries boosting demand for lotus root seeds, and growing awareness of the health benefits of lotus root seeds.
Q4. What are the major segments for lotus root seeds market?
Answer: The future of the lotus root seeds market looks promising with opportunities in the farmland and greenhouse markets.
Q5. Who are the key lotus root seeds market companies?
Answer: Some of the key lotus root seeds companies are as follows:
• Syngenta
• Limagrain
• Bayer Crop Science
• Bejo
• Enza Zaden
• Rijk Zwaan
• Sakata
• Voloagri
• Takii
• Monsanto
Q6. Which lotus root seeds market segment will be the largest in future?
Answer: Lucintel forecasts that bagged is expected to witness higher growth over the forecast period.
Q7. In lotus root seeds 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 lotus root seeds market by type (bagged and canned), 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?
For any questions related to Lotus Root Seeds Market Market, Lotus Root Seeds Market Market Size, Lotus Root Seeds Market Market Growth, Lotus Root Seeds Market Market Analysis, Lotus Root Seeds Market Market Report, Lotus Root Seeds Market Market Share, Lotus Root Seeds Market Market Trends, Lotus Root Seeds Market Market Forecast, Lotus Root Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.