Data Bridge Market Research analyses that the cucurbit vegetable seeds market was valued at USD 2.51 billion in 2021 and is expected to reach the value of USD 4.31 billion by 2029, at a CAGR of 7.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Fruits and vegetables are most commonly grown from seeds. They are used to propagate fruit and vegetable plants. Seed companies work with farmers to provide disease and weed-free fruit and vegetable seeds in order to increase overall yields. The research of major players resulted in the evolution of a variety of seeds suitable for various soils and climatic conditions.
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Cucurbit Vegetable Seeds Market Dynamics
- High nutrition value of cucurbit seeds is augmenting market growth
Their widespread application drives the market for cucurbit vegetable seeds due to their high protein and oil content. Furthermore, cucurbit vegetable seeds’ antioxidant and nutritional profile, which benefits human health, drives market growth.
- Growing trend of genetically modified crops and awareness for food security
The trend of genetically modified crops is increasing among crop growers in order to increase crop yield, which is influencing market growth for cucurbit vegetable seeds. Furthermore, efforts by organisations such as the U.N. Food and Agriculture Organization (FAO) to achieve food security by increasing yields are creating opportunities for the market for cucurbit vegetable seeds in Africa and Asia, the least developed regions. Other factors driving market growth include the effects of urbanisation and the growing preference for organic food products.
COVID-19 Impact on Cucurbit Vegetable Seeds Market
The recent outbreak of coronavirus has critically impacted the cucurbit vegetable seeds market. Almost every sector has been grievously hit by the pandemic and affected the day-to-day work-related functions. As a result, the food and beverage industry had to bear financial losses, therefore negatively impacting the cucurbit vegetable seeds market. On the brighter side, the manufacturers are focusing on developing better products, keeping in mind the new market trends to fulfil consumer requirements in the post-pandemic phase. New technological advancements will further help to excel the availability of cucurbit vegetables seeds in the developing and emerging markets post pandemic.
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Global Cucurbit Vegetable Seeds Market Scope
- Genetically modified
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