Radish Seeds Market Scope
Radish seeds are the seeds which used to cultivate the radish, for fulfilling different dietary and other needs of customer. Radish is root vegetable looks like carrot only differing in colour and also available in different size and shapes .Radish includes following chemical compounds like glucosinaolate, myrosinase, isothiocynate. They are rapid growing vegetable available in a month for consumption. Radish widely used as salads in a diet, also detoxifies the stomach and liver keeps away from gastric ulcers too. Therefore Radish is one of important vegetable should included in daily diet to be healthy.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Monsanto(United states), Syngenta (Switzerland), Limagrain (France), Bejo(United States), Enza Zaden (Netherlands), Rijk Zwaan (Netherlands), Sakata (United States), Takii (Turkey), Nong Woo Bio (South Korea) and Asia Seed (South Korea) |
CAGR | 14.0% |
Agriculture is evergreen market as the need of customer is always at peak the hybridization of seeds is one of the factor which give rise to produce authentic seeds which are free from hybridization process .The competition between the companies is high due to authentic production and organic seeds formation than hybrid seeds .This may give rise to different mergers and launch for higher the production and profit as well.
Monsanto(United states), Syngenta (Switzerland), Limagrain (France), Bejo(United States), Enza Zaden (Netherlands), Rijk Zwaan (Netherlands), Sakata (United States), Takii (Turkey), Nong Woo Bio (South Korea) and Asia Seed (South Korea) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Denghai Seeds (China) and Huasheng Seed (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Radish Seeds market by Type , by Application (Farmland, Greenhouse and Others) and Region with country level break-up.
On the basis of geography, the market of Radish Seeds has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2023, HLC partnership with Grow It Local provides access to free seeds. The seed service is FREE for new registrations from residents, businesses, schools and community organisations. But get in quickly, as we only have a limited number of free seeds
In March 2022, Radish Health, a concierge healthcare platform providing convenient and affordable primary care services to municipal governments and midsize businesses, announced USD 4 million in seed funding. The round was led by Tusk Venture Partners with participation from MaC Venture Capital, Global Founders Capital, and The Fund.
Influencing Trend:
Growing Demand Of Gym And Diet
Market Growth Drivers:
High Demand Of Salads For Diet Purpose and Increase Need Of Healthy Diet by More Health Conscious People
Challenges:
Sometimes Carrots Are Preferred Over Radish
Restraints:
Some People are Allergic To Radish and Seasonally Available Vegetable
Opportunities:
Salads Are Attracting For Maintaining Figure and Radish Have Various Medicinal Uses
Key Target Audience
Manufacturers, Distributors/Traders/Wholesalers, Subcomponent Manufacturers, Industry Association and Downstream Vendors