Global Swedes Market

MARKET SCOPE:

The global swedes market is projected to grow significantly, registering a CAGR of 10% during the forecast period (2024 – 2032).

The Swede, a root vegetable belonging to Brassica napus (which also encompasses rapeseed), originated as a hybrid of cabbage (Brassica oleracea) and turnip (Brassica rapa). Swede roots are consumed in diverse culinary preparations, while the leaves serve as a leafy vegetable. Both roots and tops are utilized as livestock feed, either directly during winter or foraged in fields during other seasons. Regions like Scotland, Northern and Western England, Wales, the Isle of Man, and Ireland have a Halloween tradition of carving Swede roots into lanterns.

Sweden's agricultural market showcases a diverse range of potato varieties. White-skinned, yellow-skinned, and purple-red-skinned potatoes dominate cultivation, meeting varied consumer preferences. These potatoes find applications across farmland and greenhouse cultivation, catering to both traditional and modern farming practices. The farmland sector thrives on large-scale production, while greenhouses enable year-round cultivation. Other applications include specialized uses. This diversified approach ensures a stable and adaptable market, aligning with global trends and consumer demands. Sustainable farming practices further highlight Sweden's commitment to environmental consciousness in its agricultural sector.

MARKET OVERVIEW:

Driver: Increasing diverse and nutritious food is driving the market growth.

The primary driver behind the Swedes market's growth is the increasing demand for diverse and nutritious food options. Consumers are seeking variety in their diets, and the nutritional benefits offered by different types of Swedes, such as white-skinned, yellow-skinned, and purple-red-skinned varieties, contribute to this demand. Additionally, Swedes' versatility in culinary applications further fuels market expansion as it becomes an attractive ingredient for various dishes.

Opportunities: Escalating trend towards sustainability are expected to pave the way for market growth in the upcoming years.

The escalating trend towards sustainable and locally sourced produce presents a promising opportunity for the Swedes market. Swedes, with their adaptable cultivation methods, perfectly align with the conscientious preferences of eco-minded consumers. Leveraging this opportunity entails a strategic focus on promoting the environmental advantages inherent in Swede farming. Emphasizing factors such as lower carbon footprints, reduced reliance on long-distance transportation, and minimal use of synthetic inputs can highlight the eco-friendly nature of Swede cultivation. Furthermore, underlining the contribution of Swedes to sustainable agriculture reinforces its position as a responsible choice in the market, appealing to consumers who prioritize both health and environmental impact in their food choices. This approach not only capitalizes on current consumer trends but also positions Swedes as a key player in the broader movement towards a more sustainable and environmentally conscious food industry.

COVID IMPACT:

The COVID-19 pandemic has presented challenges and opportunities for the Swedes market. Disruptions in supply chains and logistical challenges initially affected the market, causing temporary setbacks. However, the increased focus on home cooking and a preference for locally produced food during the pandemic has created opportunities for domestic Swedes producers. Adapting to changing consumer behaviors and ensuring a resilient supply chain will be crucial in navigating the ongoing and post-pandemic market dynamics.

SEGMENTATION ANALYSIS:

The application sector of market is anticipated to grow significantly during the forecast period

The Swedes market exhibits a nuanced segmentation based on both types and applications, reflecting the diverse preferences and agricultural practices. In terms of types, the market distinguishes between white-skinned, yellow-skinned, purple-red-skinned, and other varieties of Swedes. This categorization caters to the varying taste preferences and culinary applications in consumer choices.

In the world of applications, the segmentation extends across farmland, greenhouse cultivation, and other specialized uses. Farmland cultivation represents traditional large-scale production methods, where Swedes thrive in open fields. Greenhouse applications signify a modern approach, enabling year-round cultivation and climate control. The inclusion of other specialized uses underscores the versatility of Swedes in unique agricultural contexts.

This segmentation aligns with the dynamic nature of Sweden's agricultural landscape, accommodating both traditional and contemporary farming methods. The market's responsiveness to diverse applications ensures its adaptability to changing consumer demands and agricultural trends. Whether it's the robust farmland sector or the innovative greenhouse cultivation, the Swedes market showcases a comprehensive segmentation that reflects the multifaceted nature of its production and consumption. This approach enhances market resilience and ensures the Swedes industry remains a pivotal player in the agricultural arena.

REGIONAL ANALYSIS:

The Asia Pacific region is set to witness significant growth during the forecast period.

Sweden itself is likely a significant producer and consumer of Swedes due to its agricultural practices and culinary preferences. However, neighboring countries in Northern Europe, such as Norway, Denmark, and Finland, may also play prominent roles in the regional dominance of the Swedes market. Factors like climate suitability, agricultural infrastructure, and cultural preferences for Swedes in cuisine can influence the dominance of a particular region.

COMPETITIVE ANALYSIS

The global Swedes market is reasonably competitive with mergers, acquisitions, and Application launches. See some of the major key players in the market.

Syngenta

• In a joint announcement on January 18, 2024, Syngenta Crop Protection, a global leader in agricultural innovation, and Enko, a crop health company based in Mystic, Conn., USA, disclosed a groundbreaking discovery in the realm of fungal disease control for crops. The collaboration revealed a novel chemistry utilizing a platform that significantly expedites the research and development (R&D) discovery process. This innovative chemistry incorporates a new mode of action specifically tailored to combat fungal diseases that pose threats to cereal crops. The breakthrough emerged from the screening of billions of chemical molecules in Enko's DNA-encoded libraries, employing artificial intelligence and machine learning models to pinpoint potent and selective molecules. This accelerated approach not only shortens the discovery timeline but also ensures adherence to stringent safety criteria. Fungal pathogens represent a substantial threat to global crop health, causing growers to lose 10-23 percent of their yields. With this discovery, Syngenta and Enko aim to address these challenges, particularly given predictions of exacerbated losses due to climate change and increasing resistance to existing fungicides.

Limagrain

• In a significant move, EDF has been providing Limagrain with the entire output of a wind farm situated in Moselle since the beginning of the year. This renewable energy supply will extend to all Limagrain's French sites, with a particular focus on those within the Jacquet Brossard BU, known for its substantial electricity consumption. The wind farm's production is anticipated to cater to up to 11% of their electricity needs by 2024. This commitment spans three years and operates under a Power Purchase Agreement (PPA), solidifying a direct connection between the renewable energy producer (wind, solar, hydroelectric) and the consumer, outlining delivery terms and a predetermined price over the contract's duration.

Bayer Crop Science

Bejo

Enza Zaden

Rijk Zwaan

Sakata

VoloAgri

Takii

East-West Seed

Nongwoobio

Yuan Longping High-tech Agriculture

Denghai Seeds

Jing Yan YiNong

Huasheng Seed

SCOPE OF THE REPORT

By Type

• White-skinned
• Yellow-skinned
• Purple-red Skinned
• Others

By Application

• Farmland
• Greenhouse
• Other

By Region

• North America (the United States & Canada)
• Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe)
• Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, and Latin America)

KEY REASONS TO PURCHASE THIS REPORT

It provides a technological development map over time to understand the industry’s growth rate and indicates how the Swedes Market is evolving.

The report offers a dynamic method to various factors that drive or restrain the growth of the market and specifies which Swedes submarket will be the main driver of the overall market from 2024 to 2032.

It renders a definite analysis of changing competitive dynamics and stipulates the leading players and what are their prospects over the forecast period.

It builds a nine-year estimate based on how the market is predicted to grow and shows what will market shares of the global region change by 2032 and which country will lead the market in 2032. Show more