Global Onion Seed Market Size
Global Onion Seed market is valued at USD 2.6 billion in 2021 and is expected to reach USD 4.9 billion by 2032, increasing at a CAGR of 6% during the forecast period, 2022-2032.
Onion Seeds are seeds produced by an onion plant having strong flavour with deep black flat sides. Onion seeds produce 38% of oil, which possess the aromatic flavour and used as a flavouring agent. Onion seeds have nutritional value with sodium, iron, calcium and potassium. Onion seed cultivation is done during dry summers and they have the capability to treat asthma, diarrhoea, blood pressure, dyslipidemia, digestion issues, improves oral hygiene, bone health and prevent occurrence of cancer.
Market Highlights
Global Onion Seed Market is expected to project a CAGR of 6% during the forecast period, 2022-2032
Global Onion Seed market is expected to reach USD 4.9 billion, growing at a CAGR of 6% during forecast period owing to the increasing awareness on health benefits using onion seeds which contains antioxidants, vitamin C, prebiotics, fibre etc and is expected to boost the growth of onion seeds market during the forecast period. The increasing adoption of consuming organic onion seeds obtained from onions grown without using toxic agrochemicals and fungicides is boosting the growth of Global Onion Seed market.
Global Onion Seed Market Segmentation
Hybrids segment is expected to dominate in the forecast period
Global Onion Seed Market is classified based on the Breeding Technology into Hybrids, Open Pollinated Varieties & Hybrid Derivatives. Hybrids segment dominated the market in 2021 and is expected to dominate the same during the forecast period owing to the popularity of hybrid onion seeds than open-pollinated varieties & hybrid derivatives. The high productivity of hybrids is expected to boost the Global Onion Seed market growth.
Organic Onion Seeds segment is expected to dominate in the forecast period
Global Onion Seed Market is classified based on the Form into Organic Onion Seeds, Conventional Onion Seeds. Organic Onion Seeds market is expected to dominate in the forecast period owing to the increasing demand for foods grown organically and rising awareness on side effects of consuming foods grown using chemical fertilizers and pesticides is expected to boost the growth of the segment.
Market Dynamics
Growth Drivers
Growing Awareness Regarding Health Benefits of Onion Seeds is Expected to Boost the Market Growth
Onion Seeds possess enormous health benefits like improving the bone health, skin condition and hair growth, treat asthma and control blood pressure. Onion Seeds have high nutritional value due to the presence of calcium, sodium, potassium and crude proteins. The taste of the food gets enhanced due to the addition of onion seeds, so is used while cooking food items. Onion seed oil is also used to treat diarrhoea. Onion seeds also contain antioxidants, vitamin C which is helpful for increasing texture of skin, softens and firms the skin, fibre and prebiotics which help to digest the food an assist in thickening and elongation of hair. Onion seeds are also used to treat certain cancers and ulcers.
Increasing Demand for Onion Seeds is Creating Growth Opportunities for the Market to Grow
The demand for Onion Seeds is increasing due to the presence of several health benefits and demand for onion seeds throughout the countries is expected to boost the growth of the market. The import and export of onion seeds in various regions by the key players of the onion seed market is expected to boost the growth of the market.
Restraint
Unfavourable Climatic Conditions May Hamper the Market Growth
The cultivation of onion seeds needs hot dry summers for their development and require sandy soils with high water retention capacity and consistent water supply which may restrain the growth of crop and may obstruct timely supply of onion seeds to end users facilitating them to switch to alternatives and thereby, is expected to restrain the market growth.
Recent Developments
- In February 2022, BASF’s seeds business introduced onion variety which reduces their pungent characteristics into milder and sweet versions over the time.
- In July 2019, Takii and Go Products, collaborated successfully to launch new brand Unio for onions.
Global Onion Seed Market
Key Players Covered:
- BASF SE
- East-West Seed
- Sakata Seeds Corporation
- Namdhari Seeds Pvt. Ltd
- Syngenta AG
- Horticulture Seeds
- UAE Agriseeds
- Huasheng Seed
- Jordan Seeds Inc.
- Takii
- Monsanto
- Denghai Seeds
- Nongwoobio
- Limagrain
- Reimer Seeds
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Regional Analysis
Global Onion Seed Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia Pacific region dominated the Global Onion Seed Market in 2021 and is also expected to dominate the market over the forecast period owing to the increased production rate of onions in this region and export of onions from the countries of this region. The improved taste and quality preference over time in this region is expected to boost the market growth. The increasing demand for onions in all countries is creating growth opportunities for the Onion Seed Market.
Impact of Covid-19 on Global Onion Seed Market
The COVID-19 outbreak had resulted in the economic downfall. Several countries had imposed lockdowns and travel bans to control coronavirus spread. Covid-19 has affected several industries and even led to shutdown of many business activities. Covid-19 pandemic had almost no negative impact on the growth of Global Onion Seed market.
Global Onion Seed Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Onion Seed Market Scope and Segments:
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ATTRIBUTE |
DETAILS |
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Study Period |
2018-2032 |
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Base Year |
2022 |
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Forecast Period |
2022-2032 |
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Historical Period |
2019-2021 |
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Growth Rate |
CAGR of 6% from 2022-2032 |
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Unit |
Value (USD Billion) |
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Segmentation |
Main Segments List |
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Breeding Technology |
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Form |
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Type |
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Product Type |
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Application |
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Distribution Channel |
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By Region |
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Frequently Asked Questions (FAQ):
Global Onion Seed Market size was estimated at USD 2.6 billion in 2021 and is expected to reach USD 4.9 billion in 2032.
Onion Seeds are seeds produced by an onion plant having strong flavour with deep black flat sides. Onion seeds produce 38% of oil, which possess the aromatic flavour and used as a flavouring agent.
Hybrids and Organic Onion Seeds segment accounted for the largest Global Onion Seed market share.
Key players: BASF SE, East-West Seed, Sakata Seeds Corporation, Namdhari Seeds Pvt. Ltd, Syngenta AG, Horticulture Seeds, UAE Agriseeds, Huasheng Seed, Jordan Seeds Inc., Takii, Monsanto, Denghai Seeds, Nongwoobio, Limagrain, Reimer Seeds and Other Prominent Players are the key players in the Global Onion Seed Market.
Growing Awareness Regarding Health Benefits of Onion Seeds and Expansion of New Therapies are the factors driving the Global Onion Seed market
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