Rice Seeds Market Growth Insights | Industry Analysis & Forecast
The Global rice seeds Market was Worth around USD 7.28 Billion in 2023 and is Predicted to Grow to around USD 10.43 Billion By 2033, With a Compound Annual Growth Rate (CAGR) of around 3.66% between 2023 and 2033. The Market is driven by a growing need for climate adaptability, technological developments in seed breeding, and rising demand for rice as a staple meal. Additionally, customers are increasingly looking for rice's nutritional advantages as they become more health conscious. Market Overview The rice seeds refer to a living grain that is utilized in the planting and cultivation of rice. The uncooked, unhulled grains that are selected from the rice crop at harvest are known as rice seeds. These can also be used as bioreactors to produce therapeutic proteins or peptides, which are used to make human pharmaceuticals. As customers look for food security in the face of expanding populations, there is a growing need for high-yield and disease-resistant rice cultivars. Crop productivity and sustainability are being improved through the adoption of biotechnology and seed production technologies. As a result, there is now a preference for specialized and organic rice. This tendency has been supported by rice seeds with higher yields and better flavors, which has increased market expansion. The consumption of brown rice has grown during the past few years in several Asian countries, including China, Vietnam, Malaysia, and India. The expansion of the rice seed market industry depends heavily on government support in the form of incentives, subsidies, and favorable laws. A lot of nations understand how important it is to support agricultural sustainability and guarantee food security. Governments promote the use of innovative seed technology by giving rice farmers resources and financial support. This assistance also includes funding research and development projects to create resilient and high-yield rice seed variants.
This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Rice Seeds Market market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;
Bayer AG Advanta Seeds - UPL Corteva Agriscience
Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions
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Market Segmentation:
By Type
- Open-Pollinated Varieties
- Commercial Hybrid
By Grain Size
- Short Grain
- Medium Grain
- Long Grain
Covered in this Report:
1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Industry Developments:
In June 2022, Bayer launched INH 16019, a hybrid rice seed exhibiting strong resistance to bacterial leaf blight (BLB) and brown planthopper (BPH). This development aims to improve yield stability and reduce crop losses due to these common pests and diseases.
Regional Analysis for Rice Seeds Market Market:
✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➥ What is the market size of the Rice Seeds Market market?
➥ What is the market growth rate of the Rice Seeds Market market?
➥ What are the Rice Seeds Market market opportunities and threats faced by the vendors in the global Rice Seeds Market Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Rice Seeds Market market?
➥ What are the different sales, marketing, and distribution channels in the global industry?
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