Okra Seeds Market to Perceive Exponential Growth At CAGR of 9.8% to reach USD 352.7 Million by 2023

Okra is a green flowering plant which has the same plant family as cotton and hibiscus. Okra seeds are usually grown in tropical and sub-tropical regions.

pune, India - June 19, 2019 /MarketersMedia/ —

Market Overview:
The global okra seeds market is anticipated to garner a market revenue valuation of USD 352.7 million by the end of the forecast period of 2018-2023. Okra is a green flowering plant which has the same plant family as cotton and hibiscus. Okra seeds are usually grown in tropical and sub-tropical regions. The latest report published with MRFR analysis on okra seeds market suggests that it is estimated to record a CAGR of 9.8% during the forecast period.

Get a Free Sample of This Report @ https://www.marketresearchfuture.com/sample_request/7715

Market Scenario and Growth Factors:
There are many market drivers and restraints mentioned in the latest analysis published by Market Research Future (MRFR). The availability of total arable land is taking a nose dive. This, coupled with increased instances of crop losses, is promoting demand for hybrid seeds. Mounting demand for high-quality okra seed is also propelling growth in the global okra seeds market. Consumption of okra has many health benefits, which is proliferating the use of okra among the health-conscious consumers, snowballing growth in the global okra seeds market.

Moreover, the rising prevalence of diabetes is likely to drive the okra seeds market to a great extent. Okra seeds are utilized for the treatment of diabetes, leading to an ascension of the same among the diabetic population during the forecast period. Mushrooming demand for organic food products and a growing shift towards functional foods are estimated to push the global okra seeds market exponentially through the assessment period.

Key Players:
The global okra seeds market is influenced by many prominent players, as profiled in the latest report by MRFR. These noteworthy players include W. Atlee Burpee & Co (US), Maharashtra Hybrid Seeds Company Private Limited (India), Kitazawa Seed Company (US), Sakata Seed Corporation (Japan), Alabama Farmers Cooperative, Inc (US), Syngenta AG (Switzerland), Mahindra Agri Solutions Pvt. Ltd (India), Western Bio Vegetable Seeds Ltd (India), UPL Limited (India), and Terra Agro Biotech Pvt. Ltd (India).

Industry Update:
May 2019: The Sudanese Red Crescent Society (SRCS) recently came together with the International Committee of the Red Cross (ICRC) to distribute vegetable seeds, tools, and food in North, South, and Central Darfur. More than 475 metric tons of seed was provided, including sorghum, groundnuts, sesame, and okra.

Market Segmentation:
MRFR studies the global Okra Seeds Market for segmentation carried out on the basis of category and region. Based on category, the global okra seeds market is segmented into conventional okra seeds and organic okra seeds. The conventional okra seeds segment is likely to be at the forefront of the global market. The conventional okra seeds market held around 90.5% share of the global okra seeds market in 2018. Such market domination can be owed to the use of open-pollinated and traditional varieties. The conventional okra seeds segment is anticipated to exhibit an intense growth graph through the forecast period. The segment is projected to record a valuation of USD 317.7 million by the end of the review period.

Alternatively, the organic okra seeds segment is expected to grow at the highest rate during the conjectured time period. It is estimated to register a CAGR of 10.7% between 2018-2023. This fast-paced growth can be attributed to the changing consumer preference, in favor of organic fruits and vegetables.

Detailed Regional Analysis:
The global okra seeds market is segmented on a regional basis into Asia Pacific, North America, Europe, and the Rest of the World. Asia Pacific is projected to possess the largest share in the global okra seeds market, registering a 9.6% CAGR during the review period. The regional market for okra seeds is also anticipated to reach a market valuation of 222.9 million by the end of 2023. The market in Asia Pacific seems highly fragmented, owing to the presence of many small-scale okra seeds manufactures present in the region. Pakistan, Malaysia, Philippines, and India are some of the leading country-specific markets in the region. India is expected to spearhead the regional okra seeds market.

The Rest of the World segment is expected to follow the APAC and hold the second largest share in the global okra seeds market. Growth in this region can be attributed to the mounting production and demand or GM seeds. A surge in the adoption of hybrid and disease-resistant seeds is also likely to promote growth in the regional okra seeds market.

North America is assessed to register significant growth during the forecast period. Mexico is anticipated to lead the country-specific okra seeds market in North America. This can be owed to high cultivation of okra in the country.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research future
Address: Office No. 528, Amanora Chambers, Magarpatta Road, Hadapsar,,
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/okra-seeds-market-7715

Source URL: https://marketersmedia.com/okra-seeds-market-to-perceive-exponential-growth-at-cagr-of-98-to-reach-usd-3527-million-by-2023/526613

Source: MarketersMedia

Release ID: 526613

Latest News

LeBron posts latest triple-double, Lakers rally past Bulls

Nov 21, 2019

CHICAGO — LeBron James had 30 points, 11 assists and 10 rebounds for his third consecutive triple-double, and the Los Angeles Lakers rallied to beat the Chicago Bulls 118-112 on Tuesday night for their sixth straight victory. Los Angeles trailed by 19 before shutting down Chicago in the fourth quarter during the finale of a three-game trip. While James turned in another brilliant performance, he was on the bench for most of a 16-0 run to begin the final period. Kyle Kuzma, Quinn Cook and Dwight Howard sparked the Lakers' comeback. Kuzma scored 11 of his 15 points in the...

Antetokounmpo leads Bucks past Timberwolves 134-106

Nov 21, 2019

MINNEAPOLIS — The start to the game was unusual. Giannis Antetokounmpo's final stat line was not. After waiting out a long delay, Antetokounmpo had 34 points and 15 rebounds as the Milwaukee Bucks beat the Minnesota Timberwolves 134-106 on Monday night. Antetokounmpo, the reigning NBA MVP, has posted a double-double in all seven games this season. "Once you go out there, you have a mindset that you're going to play a game, you're going to go hard," Antetokounmpo said. "Once you cannot go hard, you've got to almost switch mindsets." The game was delayed 50 minutes so one of the...

Predators score 5 in second, beat Red Wings 6-1

Nov 21, 2019

DETROIT — Matt Duchene figured the Nashville Predators deserved better after scoring just once in a loss to the New York Rangers over the weekend. He had few complaints two nights later. Duchene scored two of Nashville's five second-period goals, and the Predators easily dispatched the Detroit Red Wings 6-1 on Monday night. One of Duchene's goals came when he flung the puck from along the boards near the blue line. It deflected in off the stick of Red Wings defenseman Madison Bowey. "I thought Saturday we did a lot of good things and probably should have scored that many...

Kane scores in overtime, Blackhawks beat Ducks 3-2

Nov 21, 2019

ANAHEIM, Calif. — Patrick Kane scored 24 second into overtime off a pass from Jonathan Toews and the Chicago Blackhawks beat the Anaheim Ducks 3-2 Sunday night. Rookie Adam Boqvist scored his first career NHL goal and Alex DeBrincat scored on a two-man advantage as the Blackhawks spoiled the 1,000th career game of Ducks center Ryan Getzlaf. Sam Steel and Nick Ritchie scored for Anaheim. Ryan Miller had 34 saves. Toews, stopped in traffic shortly after overtime began, spun around and slipped a cross-ice pass to Kane, who lifted the puck over the shoulder of Miller for the winner. Blackhawks...

Anthony Davis, LeBron James lead Lakers past Spurs

Nov 21, 2019

SAN ANTONIO — Anthony Davis had 25 points and 11 rebounds, LeBron James added 21 points, 13 assists and 11 rebounds and the Los Angeles Lakers held off the San Antonio Spurs 103-96 on Sunday night. James also had a triple-double Friday night in an overtime victory in Dallas. Dwight Howard had 14 points and 13 rebounds in a throw-back performance to help the Lakers improve to 5-1. Dejounte Murray had 18 points and 11 rebounds for the Spurs, Rudy Gay added 16 points off the bench, and DeMar DeRozan had 14. They lost for the second time in three...

Get your 24-hour live updates here in Ultimate Sports Daily. We deliver content from all regions so that you won’t miss out on any single event.

Contact us: sales[at]ultimatesportsdaily.com