The value of tomato seeds global market has grown to $1356.2 billion in 2023. The market value is anticipated to grow from $1449.51 billion in 2024 to $2649.66 billion by 2032. The key producing countries included China, India, and the United States. Besides, China solely contributed 30% of the total production, followed by India and U.S at 25% and 15% respectively.
Tomato seeds exports and imports
Regarding global exports, statistics reveal that India is the world’s largest exporter with 20,054 shipments, capturing 38% of market share. Following India, Peru exports 3,973 shipments (8% of market share). Then, Netherlands follows with 3,831 shipments (7% of market share)
In contrast, the primary importer of tomato seeds is the United States, with an import value of $300 million. Then, Germany and the Netherlands follow closely as primary importers as well.
Key importing companies include: Holaday seed company, Shoura chemicals , Gowan seeds
Key companies in tomato seeds production
The leading companies in the production of tomato seeds invest in innovative seed technologies. 2 major players include:
· Syngenta
· East-West seed international
Both of these 2 companies helps in meeting the increasing demand for tomato in agriculture their contribution to the global supply chain
Types and applications of tomato seeds
There’re different types of tomato seeds, these types include:
Hybrid seeds: known for its disease-resistance properties
Open-pollinated seeds: traditional seeds that can be re-planted
Heirloom seeds: unique seeds valued for their flavor and historical significance
Moreover, tomato seeds are valuable across several industries that include:
· Agriculture (necessary for growing tomatoes)
· processed food (sauces, purees, and canned products)
· cosmetics and pharmaceuticals (because of their antioxidant properties and health benefits)
After having an overview of the tomato seeds global market, some interesting facts about tomato seeds remain unrevealed. For instance, tomatoes are fruits but commonly treated as veggies in culinary contexts. Additionally, tomatoes were thought to be poisonous for their relation to nightshade plants. However, it remains a popular item globally contributing to vibrant culinary culture.
Also read: cucumber international trading