Coherent Market Insights

Cucumber Seeds Market to Reach US$ 14.93 Billion by 2031

Cucumber Seeds Market to Reach US$ 14.93 Billion by 2031 - Coherent Market Insights

Publish In: Aug 13, 2024

Cucumber seeds market is estimated to witness high growth owing to rising health awareness and increasing commercial farming

The Cucumber Seeds Market is estimated to be valued at USD 10.97 billion in 2024, exhibiting a CAGR of 4.5% over the forecast period (2024-2031). With the rising popularity of cucumbers due to their numerous health benefits and versatility in cuisines across various regions, the demand for cucumber seeds is expected to propel over the coming years. Furthermore, the growth of commercial farming and controlled environmental facilities is further driving the market for high-quality cucumber seeds.

Market Dynamics:

Rising health awareness regarding the numerous nutritional and medicinal properties of cucumbers is a key driver boosting the demand for cucumber seeds globally. Cucumbers offer several health benefits such as hydration, weight management, vitamin K, electrolytes, and antioxidants which is increasing its popularity as a healthy snack and ingredient in other foods & beverages. Additionally, the growing commercial farming of cucumbers is also fueling the market as large-scale farmers require high-quality hybrid and genetically modified seeds to ensure optimum yields. The introduction of innovative seed varieties tailored for indoor and greenhouse farming is further helping farmers and cultivators maximize production. Major seed companies have been investing in research and development to breed seeds suited for diverse environmental and soil conditions.

Increasing Popularity of Organic Products among Consumers

With the growing awareness about health and wellness, consumers nowadays prefer to consume organic produce which are free from chemicals and pesticides. Cucumbers being a popular vegetable crop, the demand for organic cucumber seeds has seen a significant rise in the recent years. Farmers are opting for organic cucumber seed varieties to cater to this growing consumer demand for chemical-free vegetables. The market for organic cucumber seeds is expected to grow at a higher pace compared to conventional seeds.

Growing Vegetable Consumption Worldwide

As people are becoming more health-conscious, the consumption of fruits and vegetables is on the rise globally. Cucumber being a popular summer vegetable is consumed widely around the world in different cuisines. With the increasing vegetable intake, the demand for cucumber as an ingredient in foods and salads is experiencing steady growth. This positive demand outlook for cucumbers is benefiting the cucumber seeds market. Seed companies are launching new hybrid varieties to enhance yield and meet the growing requirements of cucumber production.

Threat from Emerging Pests and Diseases

The cucumber crop faces attack from various fungal, bacterial, and viral diseases that reduce the yield and quality of the produce. Major diseases affecting cucumber cultivation include downy mildew, powdery mildew, anthracnose, etc. Additionally, emerging new pathogen strains can pose a serious threat to cucumber production. This increases the input costs for farmers in terms of pesticide usage for effective disease management. The risk of crop failure due to unforeseen pest/disease outbreaks acts as a restraint for the cucumber seeds market.

Climate Change Impacts on Crop Production

Changing global climate patterns have started affecting agricultural production worldwide. Cucumber being a climate-sensitive crop, fluctuations in temperature and rainfall adversely impact its yield. Too much rainfall or drought-like conditions during the crop growth period can damage cucumber plants. Moreover, rising temperatures may shorten the optimum growing season for certain cucumber varieties. The unpredictable nature of weather patterns poses challenges for consistent cucumber yield and thus restrains the demand for cucumber seeds.

Increased Export Opportunities

Many countries have a huge surplus production of cucumber compared to their domestic requirements. This provides an opportunity for seed companies to tap into global export markets and increase their foreign revenues. Countries like China, Iran, Spain are key exporters of cucumbers in the international market. Developing new hybrid varieties suitable for trade can boost export of cucumber seeds to untapped regional markets.

Development of Biotic and Abiotic Stress-tolerant Varieties

With the growing environmental threats, there is a major opportunity for seed enterprises to develop biotic (pest and disease) and abiotic (salinity, drought) stress-tolerant cucumber varieties through advanced breeding technologies. Seeds of varieties tolerant to extreme weather conditions will be widely sought after. It will help farmers to sustain yields under difficult climate situations. This can boost the sales volume of stress-resistant cucumber seeds in the future.

Link - https://www.coherentmarketinsights.com/market-insight/cucumber-seeds-market-3012

Key Developments:

  • In January 2024, Iranian plant breeders made headlines with the launch of new hybrid varieties of cucumbers, peppers, and lettuce. This initiative represents a significant advancement in Iran's agricultural sector.
  • In 2021, Rijk Zwaan, a prominent Dutch vegetable breeding company, made significant strides in cucumber cultivation by introducing new varieties resistant to the New Delhi virus (ToLCNDV). This initiative reflects the company's commitment to addressing challenges faced by cucumber growers worldwide.

Key Player:

Burpee Seeds & Plants, Johnny’s Selected Seeds, Seed Savers Exchange, High Mowing Organic Seeds, Baker Creek Heirloom Seeds, Territorial Seed Company, Vermont Bean Seed Company, Pinetree Garden Seeds, Renee’s Garden Seeds, Southern Exposure Seed Exchange, Gurney’s Seed & Nursery Co., Botanical Interests, Sakata Seed America, and Syngenta Seeds

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