
These seed banks store seeds from a variety of plants in cold, low-humidity conditions and are usually bomb, flood, and radiation proof. There are more than a thousand seed banks in the world, each with its own unique focus, size, and type. Given the challenges of climate change and international food insecurity, they are more important than ever for protecting genetic diversity and maintaining biodiversity.
The genetic variety provided by seed banks also protects endangered or rare plant species from extinction and allows for the creation of new varieties, such as drought- and insect-tolerant crops. This ensures that agricultural practices and food security will be around for years to come. For the sake of future biological diversity and to mitigate the worldwide impact of extinction, seed banks are, in general, an absolute need. Because of this, we expect the market will expand within the predicted time frame.
This study breaks down the worldwide seeds bank market into its component parts, then uses those parts to make predictions about future revenue growth and trends. This research examines the worldwide seeds bank industry from every angle, including the main factors driving growth, potential obstacles, and possibilities. To illustrate the competitive landscape, we have included recent market changes and competitive strategies such product introduction and development, partnerships, mergers, and acquisitions, as well as expansion. Within each subsegment of the worldwide seeds bank market, the study identifies and profiles the top companies in the industry, providing an analysis of their core capabilities.
The market for seed banks is being propelled by the increasing need for specialized crops including organic, non-GMO, and minimally processed fruits, vegetables, and cereals. Research, education, and the preservation of indigenous cultures all rely on seed banks. Because they allow us to preserve the cultural and archeological significance of plant species that were farmed millennia ago but are now less widespread, seed banks are seeing an expansion in their market. Seed banks are driving the market expansion by enabling the development of new types of crops, such as those that are drought-tolerant and pest-resistant.
Potentially limiting the number of seed bank facilities that can be set up and maintained is the high expense of setup and ongoing upkeep. Lack of understanding on the importance of seed banks, which could lead to inadequate funding and support for these organizations. Inadequate infrastructure, including unreliable energy and transportation, may further limit seed banks' effectiveness in certain regions. A lack of worldwide cooperation and coordination may hinder seed banks' capacity to protect plant species from extinction by preserving genetic diversity.
This study provides a thorough examination of the leading players in the global seeds bank, comparing and contrasting them according to product offerings, business overviews, regional presence, enterprise strategies, segment market share, SWOT analysis, and enterprise strategies. In addition to historical data, the report offers up-to-date information on the firms' activities, such as new product launches, partnerships, joint ventures, mergers, acquisitions, and strategic alliances. This makes it possible to assess the level of rivalry in the market as a whole.
Report Coverage
Global Seeds Bank research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Seeds Bank report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Seeds Bank competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Seeds Bank market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2023 |
Forecast Period | 2023-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Svalbard International Seed Vault, Millennium Seed Bank Project, Seed Supreme, International Center for Tropical Agriculture, Crop King Seeds, Rocket Seeds, International Rice Research Institute, ILGM (I Love Growing Marijuana), Berry Botanic Garden, Blimburn Seeds, Homegrown Cannabis Co., International Institute for Tropical Agriculture, and Other Key Vendors. |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Seeds Bank Market from 2021 to 2031.
- Market Forecast for Seeds Bank Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Seeds Bank competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Seeds Bank
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Seeds Bank market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Seeds Bank market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Svalbard International Seed Vault, Millennium Seed Bank Project, Seed Supreme, International Center for Tropical Agriculture, Crop King Seeds, Rocket Seeds, International Rice Research Institute, ILGM (I Love Growing Marijuana), Berry Botanic Garden, Blimburn Seeds, Homegrown Cannabis Co., International Institute for Tropical Agriculture, and Other Key Vendors.
Primary Target Market
- Market Players of Seeds Bank
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Seeds Bank market based on the below-mentioned segments:
Global Seeds Bank Market, By Crop Type
Traditional Crops
Endangered and Rare Crops
Unique Genetic Characteristics
Crop Wild Relatives
Global Seeds Bank market, By Technology
Short-term Storage
Mid-term Storage
Long-term Storage
Global Seeds Bank market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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