Basil Seeds Market by Product and Geography - Forecast and Analysis 2021-2025

The basil seeds market share is expected to increase by USD 123.86 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.58%.

This basil seeds market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers basil seeds market segmentation by product (inorganic basil seeds and organic basil seeds) and geography (APAC, Europe, North America, South America, and MEA). The basil seeds market report also offers information on several market vendors, including Botanical Interests Inc., Davids Garden Seeds, Enza Zaden Beheer B.V, Holy Natural, OHIO HEIRLOOM SEEDS, RR Agro Foods, Satvikk Speciality Foods Pvt. Ltd., Tassyam, W. Atlee Burpee and Co., and ZenBasil among others.

What will the Basil Seeds Market Size be During the Forecast Period?

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Basil Seeds Market: Key Drivers and Trends

The health benefits of basil seeds are notably driving the basil seeds market growth, although factors such as the presence of other superfood seeds may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the basil seeds industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Basil Seeds Market Driver

One of the key factors driving growth in the basil seeds market is the health benefits of basil seeds. Some of the health benefits of basil seeds are reducing inflammation, helping in weight loss, being good for oral health, and treating cough and cold. Consumers are becoming conscious about their health and opt for "better-for-you" ingredients that are healthy and safe to consume. Thus, the consumption of plant-based protein and superfoods is increasing. Health-conscious consumers demand food items with fewer calories but should have the right combination of essential nutrients. Basil seeds provide more energy and are rich in fiber, thus helping in keeping hunger under control and reducing weight.

Key Basil Seeds Market Challenge

The presence of other superfood seeds will be a major challenge for the basil seeds market during the forecast period. There are various other oilseeds available in the market that are popular and can act as a substitute for basil seeds. Hemp, for instance, is the source of two types of proteins, such as edestin and albumin, also known as globular proteins. The demand for hemp-based food products has seen a significant increase in recent times because it contains two essential fatty acids (EFAs): omega-3 and omega-6. Quinoa is a natural, gluten-free ingredient. A growing number of health-conscious consumers worldwide prefer it over typical gluten-free ingredients due to its high nutrient value and the presence of antioxidants. Chia seeds are considered a superfood with similar color and size to basil seeds and are crisper, rich in soluble fiber, keep the body hydrated, and are a useful source of calcium, iron, phosphorous, and polyunsaturated fatty acids. Therefore, hemp seeds, chia seeds, and quinoa seeds have a significant edge over basil seeds in terms of both nutrition content and digestion benefits and thus can inhibit the growth of the global basil seeds market.

This basil seeds market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Basil Seeds Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Botanical Interests Inc.
• Davids Garden Seeds
• Enza Zaden Beheer B.V
• Holy Natural
• OHIO HEIRLOOM SEEDS
• RR Agro Foods
• Satvikk Speciality Foods Pvt. Ltd.
• Tassyam
• W. Atlee Burpee and Co.
• ZenBasil

This statistical study of the basil seeds market encompasses successful business strategies deployed by the key vendors. The basil seeds market is fragmented and the vendors are deploying growth strategies such as focusing on differentiating their product offerings through a clear and unique value proposition to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The basil seeds market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Basil Seeds Market?

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65% of the market's growth will originate from APAC during the forecast period. India, Indonesia, and China are the key markets for basil seeds in APAC. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.

The availability of agricultural land and the high food consumption will facilitate the basil seeds market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Basil Seeds Market?

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The basil seeds market share growth by the inorganic basil seeds segment will be significant during the forecast period. The various uses and applications of inorganic basil seeds will drive the growth of this segment. Inorganic basil seeds are used for their immune building and boosting properties. Inorganic basil seeds are rich in antioxidants, proteins, carbohydrates, and essential fats. Hence, basil seeds are widely used in various food applications. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the basil seeds market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Basil Seeds Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive basil seeds market growth during the next five years
• Precise estimation of the basil seeds market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the basil seeds industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of basil seeds market vendors

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