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tomato seeds market global industry insight

Tomato Seeds Market- Global Industry Insight,

Trends, Outlook, and Opportunity Analysis 2017-

2025

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report description

REPORT DESCRIPTION

Tomato Seeds Market Overview

Tomato is cultivated in temperate climates and greenhouses. They are used in various cuisines and have

significant demand from the food industry. Increasing demand for various hybrid seeds due to its advantages such

as fruit firmness, early maturity, high yield, and flavor is propelling the growth of tomato seeds market.

Development of new varieties such as grape tomatoes are also fueling the growth of this market. Also, increasing

awareness regarding health benefits of tomatoes such as reduction in risk of cardiovascular diseases, cancer,

diabetes, and others has augmented the demand for tomatoes, which in turn is propelling the growth of tomato

seeds market. Furthermore, increasing demand for tomatoes by the food processing industry for the production of

paste, juice, sauce, ketchup, and others is driving the growth of tomato seeds market. However, perishable nature

of tomato seeds and high initial investments are some of the barriers for tomato seeds market.

Tomato Seeds -Market Taxonomy:

On the basis of product type, tomato seeds market is segmented into:

Hybrid Tomato Seeds

Open Pollinated Tomato Seeds

Heirloom Tomato Seeds

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report description 1

REPORT DESCRIPTION

Tomato Seeds -Market Outlook

North America region is the largest tomato seeds market due to the lucrative demand for tomatoes from the

fresh and processed food industry. According to the Vegetables and Pulses Yearbook, 2017, U.S. Department of

Agriculture (U.S.DA), total production of tomatoes in the U.S. was 3,129.4 million pounds in 2016. The per

capita utilization of tomatoes for processing was 56 pounds per person in 2015, which increased to 61.2 in

2016. Also, per capita utilization of fresh tomatoes was 20.5 pounds per person in 2015, which increased to

21.3 pounds per person in 2016. Furthermore, the U.S. has significant demand for canned tomatoes, which in

turn is driving the growth of tomato seeds market. For instance, per capita use of tomatoes for canning in 2015

was 56.3 pounds, which increased to 61.2 pounds.

Asia Pacific is the fastest growing region in tomato seeds market with China being the largest producer of

tomatoes, followed by India. Tomatoes have significant demand from the food processing industry in this

region. According to the report published by Deutsche Gesellschaft Für Internationale Zusammenarbeit GMBH

(GIZ) in 2016, demand for the tomato processed food in India is annually increasing by 30, owing to

increasing demand for ketchup, pasta sauce, ready-to-eat products, gravies and bulk supplies to fast food

restaurants, hotel chains, and retail food chain.

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REPORT DESCRIPTION

Demand for tomato seeds is significantly increasing in Europe due to increasing demand for tomatoes by food

industry. According to European Commission, approximately 17.9 million tons of tomatoes were produced in

European Union in 2016. Italy and Spain were the major contributors and produced two third of the total tomato

production in EU.

The companies operating in the tomato seeds market are adopting various growth strategies such as new product

development, merger and acquisition, and partnerships for business expansion. For instances, in 2017, Monsanto

Company launched Seminis tomato hybrid seeds. In 2016, Advanta Limited announced partnership with A&M

AgriLife Research for the development of seed technology for cash crops such as tomato.

Key players operating in the tomato seeds market include Monsanto Company, Bayer AG, Syngenta AG, Takii &

Co. Ltd., Group Limagrain, Advanta Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V., VoloAgri Group, Sakata

Seed Corporation, and Mahindra Agri Solution Limited.

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