Garden Seeds Market Size Worth $1,345.31 Million By 2032 Study By Polaris Market Research
The global garden seeds market size is expected to reach USD 1,345.31 million by 2032, according to a new study by Polaris Market Research. The report “Garden Seeds Market Share, Size, Trends, Industry Analysis Report, By Type (Vegetable Seed, Flower and Ornamental Seed, Fruit Seeds, Herb Seeds); By Distribution Channel; By Region; Segment Forecast, 2023 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The world population is expected to exceed 9 billion by 2050, necessitating the need to increase food production. As a result, home gardens are receiving a lot of attention as a technique to improve household food security and nutrition. Home gardens have stood the test of time. They are an essential component of regional food systems and the agricultural landscape of developing nations all over the world, which will drive the demand for garden seeds.
Government initiatives to safeguard food availability are rising due to increasing self-sufficiency in critical times like the COVID-19 pandemic. It facilitated an understanding of the importance of food security. The Canadian government initiated the Local Food Infrastructure Fund (LIFE), a USD 70 million project with a 5-year lifespan till March 2024. Canadian government’s food policy to promote a wholesome and sustainable food supply in the country. This ongoing government focus on the increase in food security will further fuel the adoption of home gardens, driving the demand for garden seeds in the future.
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The use of innovative gardening techniques by key players is increasing the popularity of garden seeds worldwide. Burpee, for example, recently introduced its 2023 garden innovations, which include the Vivacious Hybrid Tomato, Creme Brulee Sunflower, and other unique options. The availability of quality and hybrid seeds is making home gardening more accessible, leading to growing demand for garden seeds in the future. Additionally, growing your own fruits and vegetables is more cost-effective than buying them from the market, which is another factor driving demand for garden seeds. By creating a pleasant environment and providing healthy produce at lower costs, garden seeds are becoming more popular among households.
However, the growth and demand for garden seeds are being hindered by extreme weather conditions due to rising greenhouse gas emissions. Furthermore, many people are still not aware of the benefits of gardening, which discourages them from starting their own home gardens.
Garden Seeds Market Report Highlights
- The vegetable seed segment is anticipated to witness the highest growth in the coming years due to its wide usage in the cooking process of households.
- Online sales segment accounted for the largest market share owing to the rising availability of e-commerce platforms to a wider audience.
- Asia Pacific is projected to register the largest growth rate in the study period owing to the growing floriculture trend in the region.
- Europe is expected to have the fastest growth owing to rising preferences for stress relief and an appealing working environment.
- The global players include Bayer, Fedco Seeds, Fruition Seeds, Harris Seeds, Jackson & Perkins, Ontario Seed Company, Rohrer Seeds & San Diego Seed.
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Polaris Market Research has segmented the garden seeds market report based on type, distribution channel and region:
Garden Seeds, Product Outlook (Revenue – USD Million, 2019 – 2032)
- Vegetable Seed
- Flower and Ornamental Seed
- Fruit Seeds
- Herb Seeds
Garden Seeds, Distribution Channel Outlook (Revenue – USD Million, 2019 – 2032)
- Online Sales
- Specialized Stores
- Convenience Stores
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