Food and Beverages Industry Report Organic Seed Market Trends | Page 2

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The worldwide organic seed market is segmented on the basis of products and regions. Products are divided
into vegetable seeds, field crop seeds, fruits & nuts, and other vegetation. Other vegetation comprises
pastures and forage.
Vegetables, with about 31% share in market revenues, was the leading product segment in 2015. This
segment, along with fruits & nuts, is projected to grow at a high rate till 2024. Although not leaders in organic
acreage, these two product categories have accounted for significant shares of the total revenues in the
years gone by.
Regions are split into North America, Asia Pacific, Europe, Central & South America, and MEA (the Middle
East & Africa). North America reigned in 2015, occupying 36% of the market volumes. It was follo wed by
Europe.
Asia Pacific is likely to grow at a CAGR of 16% over the forecast period. This could be credited to rising health
awareness and disposable incomes, and a favorable regulatory environment. Prominent regional consumers
of the organic produce cultivated in the developing economies include North America, Australia, Europe,
Argentina, China, Brazil, and India.
Key players in the worldwide organic seed market are High Mowing Organic Seeds, Vitalis Organic Seeds,
Southern Exposure Seed Exchange, and Seed Savers Exchange. The market is characterized by numerous
domestic players, leading to stiff competition. However, exponential growth in demand lends the suppliers a
high bargaining power.
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