The latest market report published by Credence Research, Inc. “Global Seed Potato Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028″. The Global Seed Potato Market generated revenue of around USD 16.9 billion in 2021 and is anticipated to grow a CAGR of over 1.10% during the forecast period from 2022 to 2028 to reach around USD 18.04 billion in 2028. At the same time, cumulative growth opportunity presented by the global Seed Potato market is around USD 1.14 billion from 2022 to 2028.
Due to its high productivity, the potato seed industry is growing as a result of the plentiful supply of high-quality potato seeds in every location. The effective utilization of high-quality, commercially available seeds has a big impact on potato seed export, which in turn has a significant impact on the market expansion. The industry is aiming to avoid processing the potatoes and instead redirect them to the market because there is a far greater demand for fresh potatoes than processed ones.
The global Seed Potato market is bifurcated into Product Type, Application, and Geography. Based on Product Type, the market is categorized into conventional seed potatoes and micropropagation seed potatoes. Based on application, the global market is segmented into factory planting, farmer planting, and others. Finally, based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Asia Pacific dominated the world market for seed potatoes in 2021 and accounted for a sizable portion of the revenue in terms of value. Decentralized seed production for farmers is the new investment strategy driving the market boom in the region. In addition, farmers in the region who use cutting-edge technologies like plantlets, minitubers, and aeroponics, among others, are also driving the market for seed potatoes in the area. Right now, China is the world’s leading producer of potatoes. The country’s expected potato production for 2019 and 2020, based on FAOSTAT statistics, was 75,657,850 metric tonnes and 78,236,596 metric tonnes, respectively.
Seed Potato Market Scope
|
Report Attribute |
Details |
|
Market Value in 2021 |
USD 16.9 million |
|
Market Value in 2028 |
USD 18.04 million |
|
CAGR |
1.10% |
|
Benchmarking Year |
2021 |
|
Past data |
2016 – 2021 |
|
Forecast period |
2022 – 2028 |
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Segmentation of Global Seed Potato Market-
Global Seed Potato Market – By Product Type
- Conventional Seed Potatoes Seed Potatoes
- Micro Propagation Seed Potatoes
Global Seed Potato Market – By Application
- Factory Planting
- Farmer Planting
- Others
Why to Buy This Report-
- The report provides a qualitative and quantitative analysis of the global Seed Potato market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
- In-depth analysis of the global HDD market segmentation based on nature, end-use, extraction process, and sales channel.
- Major countries in each region with their import/export statistics
- The global Seed Potato market report also includes analyzing of the global, regional, and country levels, along with key market trends, significant players analysis, market growth strategies, and key application areas.
Table Of Content:
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Seed Potato Market
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Seed Potato Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Product type
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Competitive Benchmarking
4.3. Geographical Presence Analysis
4.4. Major Strategies Adopted by Key Players
4.4.1. Key Strategies Analysis
4.4.2. Mergers and Acquisitions
4.4.3. Partnerships
4.4.4. Product Launch
4.4.5. Geographical Expansion
4.4.6. Others
5. COVID 19 Impact Analysis
5.1. Global Seed Potato Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
6. North America
6.1. North America Seed Potato Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Seed Potato Market, by Product type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Conventional Seed Potatoes
6.2.3. Micro Propagation Seed Potatoes
6.3. North America Seed Potato Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Factory Planting
6.3.3. Farmer Planting
6.3.4. Others
7. Europe
………
8. Asia Pacific
………..
9. Latin America
……….
10. Middle East
………..
11. Africa
………..
12. Global
12.1. Global Seed Potato Market, by Product type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Conventional Seed Potatoes
12.1.3. Micro Propagation Seed Potatoes
12.2. Global Seed Potato Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Factory Planting
12.2.3. Farmer Planting
12.2.4. Others
13. Company Profiles
13.1. Potatoes
13.2. Xisen Potato Industry Group
13.3. BASF
13.4. A. De Nijs & Zn. B.V.
13.5. Syngenta
13.6. Vfarm
13.7. Albert Bartlett and Sons
13.8. Others
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