UNITED STATES VEGETABLE SEED MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028
The Vegetable Seed Market in the United States is anticipated to grow at a CAGR of 4.76%. The top nation for vegetable production is the United States. With an estimated 18% market share in terms of value in 2021, it is the largest consumer of vegetable seeds globally.
Due to an increase in the use of hybrids in vegetable production, hybrids and OPV types will make up 84.3% and 15.7%, respectively, of the total value of the vegetable seed market in the United States in 2021.
Varieties that are open to pollination are extremely versatile and tolerant of a range of local climate conditions. Many farmers in the nation still favour open-pollinated cultivars because of their unique advantages, despite their poor market value.
The country's hybrid sector has expanded as a result of several mergers and acquisitions, rapid private R&D expansion, changes in the relative weights of public and private R&D, and improved agricultural biotechnology. Therefore, due to advantages like higher yield and produced high-quality vegetables, hybrid seed sales are anticipated to rise during the anticipated period.
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