Organic Seed Market Size and Share, Trends and Growth to 2022: Hexa Reports

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Organic Seed Market Share, Size, Trends and Growth, By

Product Analysis, Application and Segment Forecasts To

2022

The global organic seed market is expected to reach USD 4.59 billion by 2022, according to a new report

by Grand View Research, Inc. Growing health consciousness and environmental awareness have

resulted in shift in consumer preferences towards organic food. Such trends are projected to

complement the organic seed market in the near future.

Organic food products are devoid of any chemical exposure and are thus healthier than their

conventional counterparts. Rising disposable income and increasing market penetration are key factors

that are expected to aid the organic seed market particularly in the emerging markets of Asia Pacific and

Central & South America.

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High organic seed cost is anticipated to act as a major deterrent for market growth and development.

Lack of awareness, high demand-supply imbalance and lower awareness regarding organic food

products are some other challenges faced by market participants. Unavailability of high quality and

certified organic seeds is another prominent factor that is anticipated to negatively impact the regional

as well as global market over the next seven years. Technological advancements, better value chain

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management and wide distribution network are a few areas which offer ample growth opportunities to

the industry participants over the forecast period.

Further key findings from the report suggest:

Global organic seed market was valued at USD 1,698.5 million in 2014 and is expected to be valued at

USD 4,593.6 million in 2022, growing at an estimated CAGR of 13.6% from 2014 to 2022.

Vegetable seeds dominated the global market and accounted for over 30% of total revenue in 2014....