China Vegetable Seeds Market Saw Positive Development, Says ASKCI Consulting in New Research Report Now Available at MarketPublishers.com
25 Sep 2017 • by Natalie Aster
LONDON – The Chinese market for vegetable seeds has followed a positive growth trajectory over the past 20 years, specifically during the seed project as of 1995, which boosted the seed research and development, cultivation, processing and packaging, quality detection, distribution and management system, and hence, it laid a solid basis for the development of the national seed industry.
During China’s 12th 5-Year Plan, the national vegetable seeds industry saw rapid development. In 2013, the market size of the industry surpassed the USD 6.52 billion mark; in 2014, the size was around USD 6.98 billion, and the market was worth just over USD 7.28 billion as of 2015.
The market demand of vegetable seeds is correlated to vegetable market demand. In 2014, vegetable consumption per capita of urban and suburban households in China stood at 94.1 kg. During 2000-2010, output of China’s vegetables surged 46.4%, at a 3.9% CAGR; meantime, vegetable yield of per sown area saw 17.4% growth, with a 1.6% CAGR, the capacity of China’s vegetables posted stable growth. By 2014, domestic vegetable output witnessed a hike of 3.39%, amounting to 760 million tonnes.
The greenhouse cover area is planned to reach 700 thousand hectares, greenhouse vegetable output reaches 286 million tonnes. The vegetable seeding area and the demand for vegetable seeds are poised to observe a continuous increase through to 2021. With the government support, the vegetable industry has huge a potential for growth.
Insightful research report “Market Research and Development of Vegetable Seed in China 2016-2021” elaborated by ASKCI Consulting offers an insightful, comprehensive assessment of the vegetable seed market globally, with a focus on China.
The study sheds light on the development situation in the domestic vegetable seed industry. It offers an exhaustive analysis of the country’s vegetable marketplace. The research publication offers an all-round analysis of the marketplace by vegetable planting area; offers market segmentation by vegetable seed main category; examines the export and import situation in the Chinese vegetable seed during 2011-2015. The report offers an extensive analysis of the dominant overseas enterprises active in the seed marketplace. An all-round analysis of the top enterprises and research establishments pertaining to the national vegetable seed is also included.
To find a complete list of research reports by ASKCI Consulting, please visit its page at MarketPublishers.com.