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Organic Seed Market Share, Size,Growth, Key Players, Research
and Forecasts to 2024 | Hexa Research
“ Organic Seed Market Size Growing At 14% CAGR Till 2024”
30 April 2019, 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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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.