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The Europe tomato seeds market was valued at US$ 115 million in 2020, according to Europe Tomato Seeds Market Report, by Trait (Genetically Modified and Conventional), by Product Type (Hybrid Tomato Seeds and Open Pollinated/Heirloom Tomato Seeds), by Plant Growth Habit (Determinate & Semi-determinate, and Indeterminate), and by Country (U.K., Germany, Italy, France, Russia, Spain, and Rest of Europe), published by Coherent Market Insights.

The Europe tomato seeds market is expected to surpass US$ 178.1 million by 2028, exhibiting a CAGR of 5.70% during the forecast period (2021-2028). Increase in number of initiatives by key players in Europe has been propelling the target market growth. For instance, in 2019, Greencoat Capital LLP, the Company investing in resource efficiency and renewable energy sectors, announced to invest US$ 157 million in a pair of low-carbon greenhouses in Norfolk and Suffolk (counties in eastern part of England) large enough to grow 10% of the U.K.’s homegrown tomato crop. The greenhouses will be used to grow up to 20 tons of tomato a day using heat from Anglian Water’s (a water company that operates in the East of England) water treatment facilities. The crops will be grown hydroponically from nutrient-rich water solutions instead of using soil.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/europe-tomato-seeds-market-4801

Browse 50 market data tables* and 45 figures* on "Tomato Seeds Market” - Europe Forecast to 2028.

Key Trends and Analysis of the Tomato Seeds Market:

  • Among countries, rest of Europe (Greece, Portugal, the Netherlands, and others) accounted for a significant market share in 2020. The rising tomato production across countries such as Greece, Portugal, the Netherlands, and Romania has contributed substantially towards the market growth of tomato seeds across rest of the Europe. Moreover, the emergence of the tomato processing sector across the country along with technological advancement undertaken for boosting the tomato yield has significantly led to an increase in demand for tomato seeds.

Key Takeaways of the Market:

  • Among product type, hybrid tomato seeds accounted for 51.9% of the revenue share in 2020. Numerous advantages are offered by hybrid tomato seeds over open-pollinated tomato seeds such as higher yield and many more. Additionally, tomato seeds mature early and uniformly. Therefore, farmers prefer hybrid seeds instead of open-pollinated seeds in spite of higher cost.

Figure 1. Europe Tomato Seeds Market Revenue Share (%), By Product Type, 2020

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Key players

  • Major players operating in the Europe tomato seeds market include Advanta Seeds, BASF SE, Bayer AG, Bejo Zaden B.V., Burpee Europe Ltd., Cronus Seeds, Groupe Limagrain, Hazera, Rijk Zwaan Zaadteelt en Zaadhandel B.V., Sakata Seed Corporation, Syngenta AG, Takii & Co., Ltd., Vilmorin & CIE, and Wing Seed.
  • Key players operating in the Europe tomato seeds market are focusing on various strategies such as mergers and acquisitions in order to strengthen their market presence. For instance, in August 2018, BASF SE, a chemical company merged with Bayer AG, a Germany-based multinational pharmaceutical and life sciences company. With the help of this merger, BASF AG aims to enter into crop protection, biotech, and digital farming activities and provide herbicides and nematicide seed treatments.

Europe Tomato Seeds Market - Impact of Coronavirus (Covid-19) Pandemic

  • Euroseeds (trade association for the seed industry in the Europe) proposed the Commission to publish a guide to countries for the movement of essential goods including seeds and plants. The trade association also requested a specific note from the Commission which would clarify the coverage of essential goods and services include agricultural inputs in as much detail as possible in the main guidelines. The Director General of the European Commission published on March 24, 2020, a letter of support for seeds essential for the maintenance of food systems. Through this letter, it called on the EU members to ensure continuous production and circulation of seeds. These factors are expected to boost production & supply of tomato seeds in Europe. Moreover, according to report published by European Commission, 'Short-term Outlook for EU Agricultural Markets in 2020', the EU tomato production remained stable in 2020, with production increasing for processing and decreasing for fresh consumption.
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