The Asia Pacific Organic Seed Market would witness market growth of 14.7% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 143.4 Million Units, showcasing a growth of 14.4% (2019-2022).
Technological developments significantly influence the trajectory of the market. Precision breeding techniques, including marker-assisted selection and genomic technologies, are increasingly employed to develop these varieties with improved traits. These technologies accelerate the breeding process and enable the development of disease-resistant, climate-resilient, and high-yielding organic seed varieties. Industry collaboration and partnerships between these producers, agricultural researchers, and technology providers are becoming more prevalent.
One of the key areas of innovation in their breeding is the development of disease-resistant varieties. Combining conventional breeding techniques with contemporary technologies can augment plants' inherent resistance against pests and diseases. Disease-resistant seeds contribute to sustainable farming practices by reducing the reliance on chemical interventions. Genomic technologies provide a comprehensive understanding of the genetic makeup of plants. By analyzing the entire genome, breeders can pinpoint genes associated with resistance to particular diseases.
Organic agriculture has been supported by the Indian government via a multitude of initiatives and policies. Promoting organic agricultural practices is the objective of initiatives like the Paramparagat Krishi Vikas Yojana (PKVY) and the National Mission for Sustainable Agriculture (NMSA). This governmental support can boost the adoption of these among farmers. As per the data released in 2022 by India's Ministry of Agriculture & Farmers Welfare, the government has put forth a proposal to expand organic cultivation in the country by 6.5 lakh hectares via the Mission Organic Value Chain Development for North-Eastern Region (MOVCDNER) and Paramparagat Krishi Vikas Yojana (PKVY). Therefore, rising organic farming initiatives and practices in the Asia Pacific will drive the growth of the regional market.
The China market dominated the Asia Pacific Organic Seed Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $725.5 Million by 2030. The Japan market is registering a CAGR of 13.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 15.4% during (2023 - 2030).
Free Valuable Insights: The Global Organic Seed Market is Predict to reach $8.7 Billion by 2030, at a CAGR of 14%
Based on Product, the market is segmented into Vegetable Seed, Field Crop Seed, Fruits and Nuts, and Other Vegetation. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Product (Volume, Million Units, USD Billion, 2019-2030)
By Country (Volume, Million Units, USD Billion, 2019-2030)
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
