The Global Organic Seeds Market was worth USD1.952 billion in 2016 and estimated to be growing at a CAGR of 14.3%, to reach USD 3.808 billion by 2021.
Hyderabad, India -- (SBWIRE) -- 03/20/2018 -- The report " Organic Seeds Market By Crop Type (Field-crop Seeds, Vegetable Seeds, Fruits And Nuts Seeds, Others), By Application (Agriculture, Horticulture, Others), By Distribution Channel (Wholesaler, Retailer, Cooperatives), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)" says, the Global Organic Seeds Market was valued to be worth USD 1.952 billion in 2016 and is approximated to be growing at a CAGR of 14.3% to approach USD 3.808 billion by 2021. The global increase in demand for organic farming and organic products is the key driver behind the projected market growth.
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Fruit & Nuts Seeds segment to witness a fruitful growth rate in the recent Future
The global Organic Seeds Market is categorized based on crop type into Field-crop Seeds, Vegetable Seeds, Fruit and Nut Seeds and Other vegetation. Demand for organic vegetables and fruits is continuously increasing, because of the health conscious global population. This is reflected in the highest market share of the global market occupied by Fruit and Nut Seeds segment.
By application, agriculture segment to have a high growth in future
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Based on classification by application, the global market is classified as Agriculture, Horticulture and Other Practices. Organic farming comes with many advantages like being able to use in house manure and fertilizers, which is one reason for the market growth. Agriculture segment of the market is forecast to be the contributor to the largest market share from 2016 to 2021.
By Distribution Channel, Organic Seeds Market to expand its scope
Based on the division under Distribution Channels, the global market is divided into Wholesalers, Retailers and Cooperatives. Many governments have introduced schemes and reimbursement plans to finance farms with organic farming practices. This has a very positive impact on the global Organic Seeds market, by creating demand in the form of new organic farms, both private and public.
Asia Pacific Organic Seeds Market to grow with the highest CAGR till 2021
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Based on classification by Geography, the global market is studied as North America, Asia-Pacific, Europe, Latin America and the Middle East and Africa regions. Owing to the presence of a relatively more scientific farming in the regions, Europe and North America provide more than half of the global market share. Asia Pacific region forecasts high growth rate due to developing agriculture dependent nations like India and China in the region.
The dominating companies in the global Organic Seeds Market are Vitalis Organic Seeds, Fleuren, De Bolster, Maas Plant, Navdanya, High Mowing Organic Seeds, HILD Samen, Seeds of Change, Johnny's Selected Seeds, Fedco Seeds, Southern Exposure Seed Exchange Seed Savers Exchange, Wild Garden Seeds, and Arnica Kwekerij.
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