The global demand for Carrot Seed Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XXX KT in 2019 and foreseen to touch XXX KT by 2026 with a CAGR of X.X% during 2020-2026.
Carrot seed is obtained from a herbaceous plant that belongs to the Apiaceae family. The plant has tiny white flowers distributed in umbrella-shaped flowering tops. It is commonly cropped for its bright orange root that is utilized as a staple vegetable. Carrot seed contains high carotene, a major pigment of carrot, and a LOPS microbial activity enhancer. It offers many health benefits like an antiseptic, disinfectant, antioxidant, anti-carcinogen, tonic, diuretic, and stimulating. There are two types of carrot seed available to the market: open-pollinated and F1 or hybrid.
Market Dynamics
The global carrot seed market is growing at a significant pace owing to its popularity in aromatherapy and health beneficial properties. Research and development are focussed on producing a good quality seed that yields well. However, the seed supply is scarce from domestic production, and growers depend mainly on imported seeds, which are questionable sources for germination and susceptibility to diseases, which is hampering the market growth. There has been a growing interest among vegetable seed companies in the production of certified organic seed. Companies and farmers growing organic carrot seed but have encountered many production issues, including appropriate crop densities, fungal pathogens, particularly Alternaria radicina, and weed management of overwintered intrarow weeds.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of carrot seed.
Market Segmentation
The entire carrot seed market has been sub-categorized into type and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Large Carrot Seeds
- Cherry Carrot Seeds
By Applications
- Farmland
- Greenhouse
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for carrot seed market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Carrot Seed Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the carrot seed market include Limagrain, Monsanto, Syngenta, Bayer, Sakata, VoloAgri, Takii, East-West Seed, Advanta, Namdhari Seeds, Asia Seed. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.