Huge Vegetable Seed Market in China

A report, entitled Seed Treatment for Vegetable Seed in China by CCM International, indicates that there is huge vegetable seed market in China to attract many overseas investors.

At present, China is the largest vegetable producer in the world. Vegetable planting areas in China increased to 18.70 million ha. in 2010 , up 1.55% compared with that of the last year. And greenhouse vegetable in China has witnessed impressive development in the past decades. The greenhouse vegetable planted areas in China hits 4.50 million ha. in 2010. China is also the biggest greenhouse vegetable producer in the world.

China has become the biggest vegetable seed market in the world, because of the large vegetable planting areas. The market value of vegetable seed ranks No.2 among all domestic seed industries. China consumes over 40,000 tonnes of vegetable seed every year, valued from USD1.58 billion to USD1.90 billion at present.

The huge vegetable seed market attracts many overseas investors. At present, there are over 70 overseas seed companies in China, most of whom are engaged in vegetable seed business. Different from domestic companies, overseas vegetable seed companies have strong R&D capabilities. Therefore, they have introduced plenty of high-quality vegetable varieties into China, successfully capturing most of the market share in major vegetable production regions.

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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_r_819.html