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Global Okra Seed Market Share, Size, Analysis, Trends: By Product Type: Conventional Okra Seeds, Organic Okra Seeds, Others; By Trait: Hybrid, Open-Pollinated Varieties, Others; By End-user: Food, Agriculture Planting, Pharmaceuticals, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Okra Seed Market Outlook
The global okra seed market size is expected to grow at a CAGR of 5.60% during the forecast period of 2023-2028, aided by the rapidly growing demand for hybrid seed varieties in the market.
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Global Okra Seed Market Trends
Okra, whose scientific name is Abelmoschus esculentus, is an edible plant commercially grown and consumed majorly in South and Southeast Asian countries, West Africa, and Southern Africa. Okra seeds are tiny white seeds present in the seed port of the plant. They are usually used as a source of antioxidants and to enrich foods with adequate nutrients.
- The advancements in technology have enabled companies dealing with okra seed production to adopt effective machinery to enhance their production capacity. This development has evolved seed production capacities, which can aid in the okra seed market expansion.
- The increasing focus in the development of hybrid okra seeds to help growers to enhance the production rates. The seed quality is a major factor that effects the production quality and quantity and with the increasing demand from growers for hybrid seeds, the market is expected to develop further.
- The growing amount of area under cultivation of okra seeds is expected to provide positive growth opportunities to the market. Growers are increasing the amount of land allotted for cultivation okra due to the rising profits related to the cultivation of similar vegetables.
- Market players are launching new hybrid seed variants in the market through online platforms, enabling them to extend their market reach and attract more customers by offering delivery facilities and discount offers.
Global Okra Seed Market Analysis
Based on product type, the market can be segmented into conventional okra seeds and organic okra seeds, among others. Based on trait, it can be bifurcated into hybrid and open-pollinated varieties, among others. Based on end-use, the market bifurcations include food, agriculture planting, and pharmaceuticals, among others. The regional markets for the okra seed market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following okra seed companies, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
- Kitazawa Seed Co
- Sakata Seed Southern Africa’s Seeds (Pty) Ltd
- Mahyco Private Limited
- Terra Agro biotech Pvt limited
- Western Bio Vegetable Seeds Ltd
- Others
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Product Types in the Okra Seed Market
Based on product type, the market can be segmented into conventional okra seeds and organic okra seeds, among others.
The organic okra seed market is expected to hold the largest market share in the market owing to the rising awareness among consumers and growers about its health benefits. The growing vegan population is also a major factor in the development of this market segment.
The conventional okra seed segment is expected to grow at a considerable rate during the forecast period owing to the developing consumer base of healthy products and farmers' preference to cultivate conventional okra crops due to their predictable profits in the market.
Hybrid Seeds are Expected to Exhibit Rapid Growth Rate
The traits can be bifurcated into hybrid and open-pollinated varieties, among others.
The hybrid okra seed segment is expected to drive market growth due to its rising demand in the market. Market players are extensively investing in the launch of new and hybrid seeds for the farmers to meet the growing demand. The hybrid seed are becoming a popular option among commercial growers owing to the various advantages it provides to both the producer and grower.
Hybrid seeds, compared to open-pollinated variants, are easier for breeders to utilise when increasing their disease resistance. In addition, hybrid seeds usually provide better yield and quality.
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Competitive Landscape
Kitazawa Seed Co is a leading supplier of Asian herbs, vegetables, and flower seeds in the United States. They have been providing a wide range of plant seeds, since their establishment in 1917, to gardeners, retailers, and commercial growers. The company offers seeds from different categories including vegetable, herb, flower, microgreen, and speciality seeds.
The company holds one of the largest product portfolio for seeds in the market, with seeds for plants, such as bean, asparagus, celery (Chinese), corn, okra, kale, chamomile, roselle, shiso, and sunflower, among many other different seeds.
Sakata Seed Southern Africa’s Seeds (Pty) Ltd, a company in South Africa, has established itself as one of the leading players in the world for producing quality seeds with extensive research programs conducted on vegetable and flower seeds. The company was founded in 1913 with the name of MayFord Seeds, which was later changed to Sakata Seeds in April 2008.
The company is focused on the production of a variety of vegetable seeds and flower seeds. They provide seeds for various vegetables, including beans, carrots, okra, cabbage, and eggplants, among a wide variety of other vegetables.
Western Bio Vegetable Seeds Ltd. is one of the fastest-growing agriculture seed companies in India, located in Gujarat. The operates with the aim to provide farmers with quality seeds by maintaining excellent genetic purity and germination. The company provides products in two different categories, including field crops and vegetable crops. The field crop segment includes crops such as castor, cumin, wheat, pearl millet, and soybean, among others. The vegetable crop segment includes cluster bean, okra, fenugreek, tomato, and chilli, among others.
Other market players include Mahyco Private Limited and Terra Agro biotech Pvt limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Trait |
|
| Breakup by End-user |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Okra Seed Market Analysis
8.1 Key Industry Highlights
8.2 Global Okra Seed Historical Market (2018-2022)
8.3 Global Okra Seed Market Forecast (2023-2028)
8.4 Global Okra Seed Market by Product Type
8.4.1 Conventional Okra Seeds
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Organic Okra Seeds
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Okra Seed Market by Trait
8.5.1 Hybrid
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Open-Pollinated Varieties
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Okra Seed Market by End-user
8.6.1 Food
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Agriculture Planting
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Pharmaceuticals
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Okra Seed Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Okra Seed Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Okra Seed Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Okra Seed Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Okra Seed Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Okra Seed Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Kitazawa Seed Co
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Sakata Seed Southern Africa’s Seeds (Pty) Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Mahyco Private Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Terra Agro biotech Pvt limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Western Bio Vegetable Seeds Ltd
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Okra Seed Market: Key Industry Highlights, 2018 and 2028
2. Global Okra Seed Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Okra Seed Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Okra Seed Historical Market: Breakup by Trait (USD Million), 2018-2022
5. Global Okra Seed Market Forecast: Breakup by Trait (USD Million), 2023-2028
6. Global Okra Seed Historical Market: Breakup by End-user (USD Million), 2018-2022
7. Global Okra Seed Market Forecast: Breakup by End-user (USD Million), 2023-2028
8. Global Okra Seed Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Okra Seed Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Okra Seed Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Okra Seed Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Okra Seed Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Okra Seed Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Okra Seed Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Okra Seed Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Okra Seed Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Okra Seed Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Okra Seed Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Okra Seed Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Okra Seed Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 5.60% during the period 2023-2028.
The market is driven by the growing demand for hybrid okra seeds among personal growers and commercial growers and the rising involvement of market players in the development of hybrid okra seeds to aid growers with rising demand in the market.
The launch of new hybrid seeds by market players and increasing online sales is expected to deliver new growth opportunities to the market.
The regional markets include North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.
The products available in the market include conventional okra seeds and organic okra seeds, among others.
The okra seed traits available in the market include hybrid and open-pollinated varieties, among others.
The okra seeds are usually utilised by various sectors including food, agriculture planting, and pharmaceuticals, among others
The key players in the market include Kitazawa Seed Co, Sakata Seed Southern Africa’s Seeds (Pty) Ltd, Mahyco Private Limited, Terra Agro biotech Pvt limited, and Western Bio Vegetable Seeds Ltd, among others.
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