The global cucumber seeds market was valued at US$ 1,342.3 Million in 2018, according to Global Cucumber Seeds Market Report, by Product Type (Hybrid Cucumber Seeds and Open Pollinated/Heirloom Cucumber Seeds), by Farm Type (Farmland, Greenhouse, and Others (Hydroponics)), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) published by Coherent Market Insights.
The global cucumber seeds market is projected to reach US$ 1,939.6 Million by 2027, exhibiting a CAGR of 4.2% during the forecast period. Increasing demand for healthier and low calorie food is expected to propel demand for cucumbers and thereby fuel growth of the global cucumber seeds market over the forecast period. Cucumber has high water content and lower calorie content, which makes it a healthy food option and results in increasing cucumber consumption in salads and smoothies, in order to reduce obesity. For instance, according to data released on obesity by World Health Organization in 2017, 39% of women and 39% of men aged 18 years and above were overweight in 2016 globally.
Therefore, rising health awareness is shifting consumer preference towards healthy food products, which in turn is expected to boost demand for cucumbers and thereby drive global cucumber seeds market growth over the forecast period. However, the cost of cucumber seed production is high as compared to other vegetable seeds. This is owing to tedious threshing process of cucumber seeds. The cucumber seeds are embedded tightly inside the cucumber pulp. The threshing of such wet seeded crops involve removal of seeds, drying of seeds, and an additional fermentation process involved apart from the traditional seeded crop threshing. Therefore, this additional processing steps increases its production cost, which in turn is expected to pose challenges to global cucumber seeds market growth.
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Browse 25 market data tables* and 15 figures* on "Cucumber Seeds Market” - Global forecast to 2027.
Key Trends and Analysis of the Global Cucumber Seeds Market:
- Key players operating in global cucumber seeds market are focused on offering novel hybrid seeds, in order to attract consumer base. For instance, in May 2019, BASF SE launched new seed varieties of cucumber seeds including Olano F1 and Ocana F1. This new product has longer shelf life and deep green color post-harvest without turning yellow. This new variety will help BASF SE to expand its portfolio, globally.
Key Takeaways of the Market:
- Among regions, North America is expected to gain major traction over the forecast period owing to increasing demand for cucumbers in the region. For instance, according to the United States Department of Agriculture (USDA), National Agricultural Statistics Service data, 114,700 acres were harvested for cucumbers in 2016 in the U.S., whereas 117,200 acres were harvested for cucumbers in 2017. Therefore, increased cucumber demand is expected to propel growth of global cucumber seeds market in the region.
- Emerging applications of cucumber seeds such as using cucumber seed oil for application in skin care and also in hair care products is creating growth opportunities for players operating in global cucumber seeds market. For instance, Organic Pure Oil LLC, a U.S.-based company, is engaged in production of beauty and personal care products and is focused towards production of seed-based oil. Company offers ‘Egyptian Cucumber Seed Oil’, which is obtained by cold-pressing of Egyptian cucumber seeds without addition of any chemicals or heat treatment. The company claims that this cucumber oil is an excellent moisturizer and therefore, offers hydrating solution for dry skin problems.
- Major players operating in the global cucumber seeds market include, Bayer Group, BASF SE, Groupe Limagrain, Syngenta, AG, Advanta Seeds, Sakata Seed Corporation, Semillas Fitó, SA, Yüksel Tohum A.Ş, Johnny's Selected Seeds, and satimex QUEDLINBURG GmbH