Global Tomato Seeds Market to Expand Owing to Rising Awareness Regarding Health Benefits Related to Consumption of Tomatoes
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Tomato is an herbaceous sprawling plant. It is one of the important protective foods because of its special nutritive value. Tomatoes are used in various applications such as ketchup, soup, pickles, salad, sauces and in many other ways. It is extensively grown in tropical and sub-tropical climates. Moreover, tomato is second largest consumed vegetable after potato across globe.
People across world are adopting a vegan lifestyle and abstaining from consuming animal products among consumers. According to research commissioned by the Vegan Society in partnership with Vegan Life magazine in 2017, the number of people identifying as vegans has increased by 350%, compared to a decade ago in the UK. Moreover, people across world are adopting plant-based diet owing to various health awareness. In 2017, according to the new dietary guidelines released by the Chinese government, encouraged the nation’s 1.3 Bn people to reduce their meat consumption by 50% and also estimated that China’s vegan market will grow more than 17% between 2015 and 2020.
Increasing consumption of tomato owing to growing awareness regarding health benefits such as reduction in risk of diabetes, cancer, cardiovascular diseases, and others. Moreover, increasing number of research & development activities by public and private organizations is expected to create positive impact in the tomato seeds market.
Introduction of hybrid seeds in the market which allows tomato plants to grow and fruit when under pressure of a pathogen, vectors and, environmental factors that can promote infection and disease, and as a result, has been garnering focus of some major players in the market.
$ 9,151.9 Mn
- By Type
- By Region
- By Application
$ 23,869.7 Mn
Rising awareness among farmers regarding benefits associated with the use of hybrid seeds in developing countries, such as Brazil and India, through support from private and public organization, is accelerating the market.
Stringent regulations related to production of seeds
Seed is the basic input for an agricultural production. Therefore, it is very much essential to maintain its purity and quality through various stages of seed production. Stringent government regulations coupled with high initial investment are some factors effecting the market growth.
The global tomato seeds market is categorized on the basis of type, application, and region.
Asia Pacific to account significant revenue share in the global market
The demand for tomato is increasing in Asia Pacific owing to rising population and increasing production of tomato based products. Increasing number of initiatives by manufacturers and governments of various countries in the region for development of hybrid seeds for high yield are projected to create positive impact on the market growth. Moreover, increasing production of tomato ketchup, sauces, pickles and others products in the region is likely to promote cultivation of tomatoes in Asia Pacific.
Some of the major manufacturers of tomato seeds are CooperSurgical, MedGyn, Personal Medical Corp, Integra LifeSciences, Panpac Medical, Medesign, Smiths Medical, Thomas Medical, Kangge Medical and Dr. Arabin.
He has been helping in business of varied scales, with key strategic decisions. He is a specialist in healthcare, medical devices, and life-science, and has accurately predicted the trends in the market. Anurag is a fervent traveller, and is passionate in exploring untouched places and locations. In his free time, he loves to introspect and plan ahead.
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