Food and Beverages Industry Report Organic Seed Market Trends

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Organic Seed Market Research Report - Global Industry Analysis,
Size, Growth and Forecast to 2024 | Hexa Research
“Global organic seed market is expected to be valued
at approximately USD 1.6 billion in 2015 and it is
expected to grow at approximate CAGR of over 14 %
over the forecast period of 2016 to 2024.”
Global Organic Seed Market was worth USD 1.6 billion in 2015. It is expected to grow at a CAGR exceeding
14% from 2016 to 2024 (forecast period). This may be attributed to escalating demand for organic food
triggered by the growing awareness of ill-effects of chemicals used in non-organic crop cultivation.
Chemicals adversely affect human health as well as the environment. Governments and environmental
agencies across the globe are taking initiatives to encourage adoption of organic farming. Moreover, organic
crops retain more nutritional properties as compared to non-organic ones. A favorable regulatory framework
is also fueling market growth.
However, organic seeds are costly. Also, high quality, certified seeds are limited in supply. These factors may
have a negative effect on the industry’s prospects.
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