Europe Tomato Seed Market to Be Driven by Higher Demand for Vegetables and Fruits During the Forecast Period 2021-2026 – Bloomingprairieonline
Expert Market Research’s new report titled “Europe Tomato Seed Market Report and Forecast 2021-2026”, provides an in-depth analysis of the European tomato seed market, assessing the market based on its segments such as seed type, cultivation technology, seed treatment, seed availability and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 6.0%
Tomatoes have a number of health benefits, including reducing the risk of cancer, diabetes, constipation, and heart disease. They are both fruits and vegetables and are rich in vitamin C, potassium, amino acids and vitamin K, among other nutrients. Consumption of tomatoes has increased due to better understanding of the benefits of tomatoes, which is fueling the growth in demand for tomato seeds. Additionally, the growing labor force and increasing disposable incomes have increased the consumption of processed foods and convenience foods. Tomatoes are used in a wide range of items, including ketchup, soups, pasta sauces, curries, and juices. The growing popularity of frozen foods in countries like the UK is also driving the growth of the industry. In recent years, the popularity of French and Italian cuisines has exploded across the European continent. This has spurred the demand for tomatoes, which are commonly used in these cuisines, further spurring consumption growth.
Industry definition and major segments
Tomatoes, native to the Americas, are said to have been brought to Europe by Spanish explorers in the 16th century and popularized during the colonization of the Americas. Tomato seeds are embryonic plants that turn into another fruit after germination in a tomato. Although seedlings don’t need soil to germinate, they ultimately need to be planted in soil to get the nutrients and minerals they need to grow into a healthy plant. Tomatoes are normally grown in temperate climates around the world and can reach a height of 1-3 meters.
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Based on type, tomato seed can be segmented into:
- Genetically Modified (GMO)
On the basis of growing technology, the market can be categorized into:
- open field
- Protected culture
On the basis of seed treatment, the market is split into:
Based on seed availability, the market can be segmented into:
On the basis of region, the market can be categorized into:
As people become more health conscious, the demand for vegetables and fruits has increased, propelling the market forward. Organic fruits and vegetables are becoming more mainstream, which is fueling the growth of the market. Due to the growing demand for hybrid tomatoes with enhanced taste and exotic beauty, the market for hybrid and high yielding seeds is booming. Additionally, as European farmers become more aware of biotechnology advancements, they can generate higher yielding products while helping to increase demand for hybrid tomato seeds.
Growing tomatoes in greenhouses, which has become common in countries such as Turkey, Poland and France, not only extends the harvest season, but also protects the plant from rain and fungus. Additionally, the production of genetically modified tomatoes containing compounds such as flavonols and anthocyanins, along with a variety of healthy nutrients, is expected to drive the market growth. Additionally, GMOs such as blue or purple tomatoes, classified as superfoods, are not readily available but contain compounds similar to those found in blueberries and cranberries, redefining their nutritional value. Such technological advancements and breakthroughs further enhance business growth.
Main market players
Major players in the market are Bayer AG, Syngenta AG, Limagrain, Rijk Zwaan Zaadteelt en Zaadhandel BV, Enza Zaden Beheer BV and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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