The bill proposes that all involved in the animal feed value chain shall incur a fine of Ksh. 20,000 or a jail term of up to six months if found flouting the laid down regulatory framework.
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The growing demand for high-value crops such as tropical fruits and leafy vegetables coupled with the increased demand for organic food products is expected to drive the growth of the market during the forecast period.
The report
“Fruit & Vegetable Seeds Market by Family Type (Solanaceae, Cucurbit, Root & Bulb, Brassica, Leafy, and Other Families), Form (Inorganic and Organic), Trait (Conventional and Genetically Modified), Crop Type, and Region – Global Forecast to 2025″, is estimated to be valued at USD 9.8 billion in 2020. It is expected to reach a value of USD 14.4 billion by 2025, growing at a CAGR of 8.2% during the forecast period. Factors such as an increase in demand for fruit and vegetables is one of the major drivers to drive the market for fruit & vegetable seeds market. The increase in seed replacement ratio, favorable government policies for different countries, coupled with increased adoption of commercial seeds, are some of the other factors
Fruit & Vegetable Seeds Market worth $14.4 billion by 2025 - Exclusive Report by MarketsandMarkets
Fruit & Vegetable Seeds Market by Family Type (Solanaceae, Cucurbit, Root & Bulb, Brassica, Leafy, and Other Families), Form (Inorganic and Organic), Trait (Conventional and Genetically Modified), Crop Type, and Region - Global Forecast to 2025 , published by MarketsandMarkets, the market is estimated to be valued at USD 9.8 billion in 2020. It is expected to reach a value of USD 14.4 billion by 2025, growing at a CAGR of 8.2% during the forecast period. Factors such as an increase in demand for fruit and vegetables is one of the major drivers to drive the market for fruit & vegetable seeds market. The increase in seed replacement ratio, favorable government policies for different countries, coupled with increased adoption of commercial seeds, are some of the other factors driving the growth of the market during the forecast period.