Jordan Vegetable Seeds Market - 2020-2027

Jordan Vegetable Seeds Market - 2020-2027

Market Overview:
Jordan is one of the major vegetable producing nations in the Middle East region. Tomato, cucumber, eggplant, cabbage and cauliflower are the major vegetables grown in Jordan. The primary production of vegetables in Jordan was recorded as 1.61 million tons in 2018, witnessing an annual growth of 12%. Vegetable production and acreage is constantly increasing in Jordan, thereby creating demand for vegetable seeds. The vegetable production in the country is highly dependent on foreign sales rather than domestic consumption. The country is exporting significant portion of their produce to its neighboring countries in Gulf and countries as far as Canada. As of 2018, nearly 85% of the agricultural exports in terms of dollar sales were vegetables, of which tomatoes account for 60%. The lower freight cost of vegetable exports from Jordan into the Gulf region is promoting the trade activities, thus supporting the vegetable business in the country. Thus, the vegetable seed industry in the country is highly volatile owing to unpredictable farming acreage and export dependent market scenario
Jordan vegetable seeds market valued USD XX million in 2019 and is estimated to reach USD XX million by 2027 with a CAGR of 4.2% during the forecast period

Market Dynamics: Export potential for vegetables is driving vegetable seeds industry
The rising vegetable production acreage owing to rising demand form domestic and foreign markets is the primary factor for the growth of Jordan vegetable seeds market. Jordan is one of the leading exporters of fresh and assorted vegetables in the world. Also, the domestic consumption of tomatoes, green leaves and other vegetables in dietary applications is continuously growing. As of 2018, the vegetable primary production in the country reached 1.61 million tons
However, the stringent regulatory environment pertaining to Genetically-Modified (GM) seeds is hindering the market growth. Although the adoption of GM seeds has increased, many regulations are imposed on the cultivation of GM crops because of their ecological and health concerns. It is alleged that GM foods can cause cancer, lead to genetic mutation, and create resistance to antibiotics in humans, apart from other health concerns. These concerns may force the national government towards partial or complete ban on the use of GM vegetable seeds in near future
Market Segmentation: Tomato led Solanaceae seeds is the largest vegetable seed category
Tomato seeds accounted for the largest share of over 60% in the dollar sales of vegetable seeds market in Jordan. Seeds are considered as the vital farm input in producing quality yield and high productivity in the country. Jordan tomato seeds market valued at USD XX million in 2019 and is estimated to grow at a CAGR of XX% over the forecast period to reach a USD XX million by 2027. The large acreage of tomato in the country resulted a surge in demand for tomato seeds in the country. Tomato is the largest farmed vegetable and cultivated crop in Jordan. Nearly 32% of the total cultivated crops grown in the country are tomatoes. With over 830,000 tons of annual production, Jordan evolved as one of the leading producer and exporter of tomatoes in the world. Most of the vegetable seeds companies operating in the Jordan market are focused towards tomato seeds business to gain share in the market

Competitive Landscape: Unorganized sector curbing the growth of highly fragmented market
Jordan vegetable seeds market is highly unorganized with local, unregistered seed growers catering significant requirement of vegetable farmers. Most of the farming communities rely on self-grown farm seeds for future plantations. Also, the market is fragmented with no single player holding considerable share in the market. Global seed producers such as Seminis (Bayer AG), East-West Seeds and Vilmorin are registering sales growth in the country. Other key players in the market include Corteva Agriscience, Top Seed International and Trust Seeds Co. Ltd.

Why Purchase the Report??
• Understand the current market scenario and viability of Jordan vegetable seeds over the forecast period.
• Visualize the composition of the Jordan vegetable seeds market in terms of crop, trait and form to identify major players, growth potential, and market strategies
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer??
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Excel data sheet with valuable data points of the Jordan vegetable seeds market
• Product mapping in excel for the key products of all major market players
• Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:
• Vegetable Seed Producers
• Farming communities
• Agricultural Input Suppliers
• Food Safety and Security Associations
• Trade Associations
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals