Harvesting Health: The Organic Seed Market's Nutritional Benefits
According to the recent FMI report, the sales for organic seed are expected to surpass a value of USD 10.8 Bn in 2032, rising at a CAGR of around 8.7% through the end of 2032.
Farmers’ markets and CSA (Community Supported Agriculture) programmes are proliferating all over the world to improve connections between consumers and the farms and farmers who produce their food, which is helping the market for organic seeds globally.
The USDA altered the user interface of the National Farmers’ Market Directory in 2013 to encourage usage and the creation of real-time data-driven mobile apps and other products. To find out more about a market’s location, contact details, available goods, and payment alternatives, users can search for it by zip code.
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More than 4,000 farmers’ markets have been approved to take SNAP (Supplemental Nutrition Assistance Program) vouchers, increasing access to fresh produce and nutritious meals, in turn, shooting up the sales of organic seed.
Organic seed market growth could also be aided by favorable government actions to boost organic farming. In India, for example, government programs such as the National Food Security Mission, Paramparagat Krishi Vikas Yojana, and National Food Security Mission are expected to enhance organic production. This presents the market with a significant growth opportunity.
Key Takeaways from the Organic Seed Market Study:
The organic seed market in North America is expected to grow at a rate of approximately 7.1% between 2022 and 2032, owing to a substantial shift in consumers’ attitudes toward healthy lifestyles and eating habits, which has increased demand for organic food and beverages.
Derogations for the use of untreated non-organic seed will be phased out by 2036, according to the new European Organic Regulation 2018/848, therefore, promoting the organic seed market in the region.
In just the previous five years, public and private funding in organic plant breeding and other organic seed research have increased by USD 22 Mn.
In 2020, the organic seed market in the oil seed segment will be worth more than USD 0.8 Bn. Oil seed is used to extract edible oil for human consumption as well as oil for pharmacological and cosmetic uses.
Due to the rising consumption of organic wheat to generate a wide range of organic certified products such as flour, pasta, noodles, macaroni, and spaghetti, the wheat crop seeds industry is expected to reach USD 0.3 Bn by 2027.
Who is winning?
By putting into practise numerous tactics, including product developments, marketing and promotional activities, bolstering distribution networks, and embracing sustainable manufacturing, key players competing in the global organic seed market are concentrating on attaining a sizable consumer base.
High Mowing Organic Seeds, Southern Exposure Seed Exchange, Baker Creek Heirloom, Rijk Zwaan, Seed Saver Exchange, Johnny's Selected Seeds, De Bolster Territorial Seeds Company, Navdanya, and others are some of the top providers of organic seed.
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Organic Seed Market by Category
By Product Type:
Vegetable Seeds
Gourd & Root Vegetable Seeds
Leafy & Cruciferous Vegetable seeds
Fruits & Nuts Seeds
Oil Seeds
Sunflower Seeds
Soybean Seeds
Other
Other Vegetation Seeds
By Farm Type:
Outdoor
Gardens
Nurseries
Field
Indoor
Greenhouse
Hydroponics
Vertical Farming
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