Global Seed Germination Trays Market Size By Type(Disposable Biodegradable Trays, Reusable Trays), By Application(Commercial and Residential), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Seed Germination Trays Market Size By Type(Disposable Biodegradable Trays, Reusable Trays), By Application(Commercial and Residential), By Geographic Scope And Forecast
Seed Germination Trays Market Size And Forecast
Seed Germination Trays Market size was valued at USD 9.3 Billion in 2024 and is projected to reach USD 11.34 Billion by 2031,growing at a CAGR of 5.4 % during the forecast period 2024-2031.
The market is driven by the growing demand for exotic fruits, vegetables, and flowers and the availability of funding for startups and farmers encouraging indoor agriculture. In addition, the growing demand for exotic fruits, vegetables, and flowers is anticipated to boost the growth of the market as well. The Global Seed Germination Trays Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Seed Germination Trays Market Definition
A seed tray is a container used to sow multiple seeds at once. After seed germination, seedlings grow in the seed tray until they are large enough for transplant. A single seed tray can hold anywhere from 6 seeds to over 1000 seeds. A seed tray allows one to plant many seeds together in one container. This makes it much easier to water them and transport them.
After the seeds germinate, the seed tray holds seedlings as they grow until they are ready for transplant outdoors or into larger containers. Seed sowing is still the most legitimate & assured way of developing new plants. The stages of seed germination & seedling formation are the most sensitive and vulnerable stages of a plant’s life. For successful germination of seeds, the method of sowing should be accurate. Due to inaccurate sowing practices, many times, sources fail to sprout. If the roots are not suitable for such kind of sowing method, there is a danger of such seeds getting washed away, blown away by winds, buried under the soil, & not germinating at all. Tiny, sensitive seeds with low germination rates should be sown in seedling trays to avoid all this trouble.
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Global Seed Germination Trays Market Overview
The population in these cities totaled more than 800 million people in 1990. Moreover, the FAO estimated that by 2000, the population would rise to over 1100 million, and fewer than 50 percent of all land would be available for agriculture. Additionally, rural-urban migration will remain a key impediment to growth for growing farm produce, as limited skilled labor, worsening quality of life in rural areas, and declining young population remain critical challenges for growth. Hence, the dependence on mass-produced and globally supplied food chains, with rising reliance on commercial agriculture, remains a crucial source of food manufacturing.
This has resulted in tremendous adverse impacts on global health, as food experts estimate that virus-infestation incidences like the Covid-19 pandemic will raise in supply chains, thanks to mass manufacturing. Moreover, such food production has also led to adverse impacts on health, with changes in women’s menstrual cycle in the developed world, thanks to growing reliance on commercially fed poultry stock. Hence, the demand for food products like gluten-free, organic, and healthy food remains high. Events like farmer’s markets remain popular in countries like the US, and the growing demand for healthy products will likely drive the growth of the seed germination trays market shortly.
Rising consumer surveys indicate that millennials remain more health-conscious than the baby boomers. Millennials consume alcohol in lower quantities, hit the gym more often, and are more concerned about their well-being. This has resulted in significant trends like DIY designing houses, gardening, and landscaping. The rising health-conscious activity among the urbanized population is likely to manifest in different trends including gardening, yoga, and landscaping, among others. Growing food produce remains an important hobby among urban housewives, with a growing inclination toward food products like tomatoes, which can be used in homes regularly.
Global Seed Germination Trays Market Segmentation Analysis
Seed Germination Trays Market is segmented based on Type, Application, and Geography.
Seed Germination Trays Market by Type
Disposable Biodegradable Trays
Reusable Trays
Based on Type, the market is bifurcated into Disposable Biodegradable Trays, Reusable Trays. Plastic usage in nurseries for plant seedlings is increasing daily, which is also a one-time usage of plastic. The project’s main objective is to replace the plastic trays with biodegradable trays made of Tapioca waste for tomato seedlings.
The seed Germination Trays market’s sub-segment is expected to hold the largest market share during the forecast period—increased demand for high-quality industrial valves in the Materials and Chemicals and other industries. Also, mitigating the risk of contamination is driving the need for Seed Germination Trays. The growing concern about the market and industry is expected to boost the Seed Germination Trays market in Materials and Chemicals.
Seed Germination Trays Market by Application
Commercial
Residential
Based on Application, the market is bifurcated into Commercial and Residential. In modern commercial crop production, more plants are propagated from seeds for food, fiber, and ornamental use than any other method of propagation. Considering the problems of seedling production under open field conditions, it is better to grow seedlings for commercial cultivation in a nursery under protective cover.
In modern commercial crop production, more plants are propagated from seeds for food, fiber, and ornamental use than any other method of propagation. Considering the problems of seedling production under open field conditions, it is better to grow seedlings for commercial cultivation in a nursery under the protective cover.
Seed Germination Trays Market by Geography
North America
Europe
Asia Pacific
Rest of the world
The Asia Pacific dominated the market in the past, followed by North America. Asia has emerged as the dominant region in the global microfiltration membrane market in the last few years. Factors such as rising requirements for wastewater treatment and increasing regulatory standards in countries such as India and China have driven the overall microfiltration membrane market in the region.
Also, water desalination to prevent excess water shortage, particularly in developing economies, could propel the region’s microfiltration membrane market. In addition, rapid industrialization in countries such as India and China is expected to impact the microfiltration membrane market positively. The Asia Pacific will likely dominate the overall market in the coming years.
Key Players
The “Global Seed Germination Trays Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Aerogrow, Hydrofarm, Jiffy Products, W. Atlee Burpee Company, Garland Products, Viagrow, Bootstrap Farmer, ROOT!T, Super Sprouter, Johnny’s Selected Seeds.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
In January 2022, SUEZ – Water Technologies & Solutions acquired Sentinel Monitoring Systems, a real-time microbial monitoring company. Sentinel Monitoring Systems develops products that provide real-time and near-real-time solutions for monitoring the effectiveness of microbial control within life sciences ultrapure water and manufacturing processes.
In April 2021, Koch Separation Solutions developed INDU-COR HD (High Density) – an enhanced technology for the treatment of various industrial waste streams, as a part of its tubular membrane product line. It provides a higher packing density of up to 300%, making crossflow filtration more economical while taking up less space.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
KEY COMPANIES PROFILED
Aerogrow, Hydrofarm, Jiffy Products, W. Atlee Burpee Company, Garland Products, Viagrow, Bootstrap Farmer, ROOT!T, Super Sprouter, Johnny’s Selected Seeds.
SEGMENTS COVERED
By Type
By Application
By Geography
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the industry/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/Industry launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, Industry benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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