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Europe Tomato Seed Market is Supported by Europe Vegetable Seed Market, Which is Expected to Grow at a CAGR of 6% During 2021-2026

According to a new report by EMR titled, ‘Europe Tomato Seed Market Report and Forecast 2021-2026’, the market is supported by Europe vegetable seed market, which is expected to grow at a CAGR of 6% during 2021-2026, bolstered by the rising demand for high-quality tomatoes.

The Europe tomato seed industry is driven by the increasing demand for high-quality vegetables owing to the evolving health recommendation and rising consumer purchasing power. The high adaptability of the plants to grow in various environmental conditions is also propelling the industry growth. Tomatoes can be both eaten fresh and processed, which makes them one of the most eaten vegetables in Europe; this also aids in the market growth. Moreover, the increasing awareness of the health benefits of tomatoes is further catalysing the market growth. Rapid technological advancements in Europe and the development of hybrid and genetically modified seeds enhance the yield and prevent microbial infections in plants, further contributing positively to the growth of the industry.

The increasing research and development (R&D), investments, and merger and acquisitions, by the key players in order to create efficient and innovative seeds are driving the market growth. Bayer AG (ETR: BAYN), one of the leading players, launched a large scale pre- launched trial of new tomato varieties with resistance to Tomato Brown Rugose Fruit Virus (ToBRFV) on September 15, 2020. As the virus can spread rapidly to different regions of the world and impact not only tomato plants but also can be transmitted easily through several vectors, Bayer aims to help the farmers combat the challenge they face every season. Moreover, it initiated multiple programs such as Health for All, Hunger for None, and SHIELD program to focus on research and development while delivering high-quality seeds to the farmers. This is expected to enhance the market growth over the forecast period.

Market Analysis by Seed Type, Growing Technology, Seed Treatment, Seed Availability, and Region:

  • The market, on the basis of seed type, can be divided into genetically modified (GMO) and non-GMO.
  • On the basis of growing technology, the market is segmented into open field and protected cultivation.
  • Based on the seed treatment, the industry can be divided into treated and non-treated.
  • The seed availability for tomato seed includes commercial and saved.
  • The regional markets for tomato seed include the United Kingdom, Germany, France, Italy, Spain, and the Netherlands, among others.

Key Findings of the Report:

  • The market is being aided by the rising health consciousness among consumers across the globe.
  • The increasing disposable income and growing popularity of processed foods are aiding the market growth of tomato seed in Europe.
  • The rising demand for hybrid and high-quality tomatoes is further propelling the market growth.
  • Biotechnological advancements and the development of greenhouse farming are driving the industry growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for tomato seed for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the seed types, growing technology, seed treatment, seed availability, and regions of tomato seed.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Europe tomato seed market are Bayer AG, Syngenta AG, Limagrain, Rijk Zwaan Zaadteelt en Zaadhandel B.V., and Enza Zaden Beheer B.V., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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