Global broccoli seeds market is expected to witness substantial growth in the forecast period due to growing awareness about health benefits offered by broccoli. Broccoli is an eatable green plant that belongs to cruciferous vegetable family. Consumption of broccoli reduces the risk of obesity, hearty diseases, diabetes, cancer, and other health conditions. It also helps in healthy complexion, hair, and increases energy. Broccoli seeds are increasingly consumed through nutritional supplements due to growing health conscious population.
The major driving factors of broccoli seed market are increasing awareness among consumers about health benefits offered by broccoli, changing consumers eating habits and lifestyles, and growing number of research and developments. Furthermore, increasing popularity of broccoli seeds as natural substitute to silicon used in conditioners, shampoos and other styling products is also driving the market. However, market is expected to witness obstructions due to lack of awareness of the health benefits in most underdeveloped regions across the globe.
Increasing popularity of ecommerce and growing number of websites that sell broccoli are trending in the broccoli seed market. Some of the websites that supply broccoli products can be listed as vitacost.com, iherb.com, grofers.com, and Amazon.in. Broccoli manufacturers are focusing on introducing clean, organic label ingredients due to increased demand.
Market is categorized on the basis of nature, end use, distribution channel, and geography. On the basis of nature, broccoli seeds market is divided into conventional and organic. Conventional segment leads the market in the forecast period in terms of market share. Conversely, in terms of growth organic segment accounted for larger share.
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Based on end use, market is split into dietary supplements and functional food, and others. Functional food segment is expected to hold considerable share of the market due to increase in demand. Further, dietary food segment is also predicted to lead the market due to growing health conscious population. In terms of distribution channel, market is bifurcated into online and offline. Online segment is expected to hold maximum share of the market due to increasing penetration of the internet.
Geographically, broccoli seeds industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is predicted to dominate the market since it is the largest producer of broccoli. This is followed by North America, Latin America, and Europe owing to favourable reimbursements and increase in investments in agriculture by private sector.
The leading players in broccoli seeds market include Lima grain, Monsanto Agrochemical, Enza Zaden, Bayer Crop Science, Syngenta Agrochemical, Kirkman Group Inc., Lima grain, Xian Yuensun Biological Technology Co., Ltd., Sakata, Bejo, East-West Seed, Takii, Dongya Seed, Jiangsu Seed, VoloAgri, Nongwoobio, Asia Seed, and Rijk Zwaan.
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