GSP cabbage varieties targeting the European and American markets

Published 2020년 8월 27일

Tridge summary

The Golden Seed Project (GSP) is developing a high-quality cabbage variety with disease resistance, yield, and storage properties, targeting the European and American markets. The cabbage cultivation area is predominantly in Asia, but the market is largest in Europe, accounting for 40% of the total. Domestic cabbage seed export value has increased from $2.51 million in 2009 to $5.61 million last year, with potential for growth. GSP has entered the European and Asian markets with varieties such as 'Solid' and 'Gaia', and companies like Nongwoo Bio and Choeun Seeds have found success in the Indian market. The project aims to continue developing competitive varieties to expand the export market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The domestic cabbage variety developed by the Golden Seed Project (GSP) has been targeting the European and American markets. According to the Agriculture, Forestry, and Food Technology Planning and Evaluation Agency, the world's cabbage cultivation area is about 2 million hectares, with more than 60% being concentrated in Asia, such as China and India. Of these, the cultivation area in Europe is 400,000 hectares, accounting for 20%, but the market size is 73 million dollars, accounting for 40% of the total, forming a premium price market. In this regard, according to the Korea Seed Association, the export value of domestic cabbage seeds is second only to radish and Chinese cabbage, and is on a continuous increase from $2.51 million in 2009 to $5.61 million last year. However, the domestic market share of domestic cabbage seeds is estimated to be 14.5% as of 2018, so a plan is needed to develop high-quality domestic varieties and expand domestic and overseas distribution. ...

Source: Aflnews