The Global Hybrid Rice Seeds Market was valued at USD 5.5 Billion in 2023 and is estimated to reach USD11 Billion by 2033, growing at a CAGR of 7.9 % from 2023 to 2033.  

Scope of the market:

Rice is a staple food in Asian countries and now it has become a staple food for Africa and Latin America. Rice has become the way for their daily protein and source of energy. This increasing demand for rice has the potential to drive the Hybrid Rice Seed Market. Most countries have started adopting the hybrid rice seed technology and this boost during the forecast period.

Hybrid rice is made with the combination of 2 different rice to produceanother variantof rice. Hybrid rice fills the yield gap by increasing its yield potential further encouraging farmers to get into the seed market. The adoption of hybrid rice seeds by farmers is yielding 25 to 30% more rice as compared to normal seeds and this is projected to enhance the future growth in the forecast period.

This hybrid technology was first invented by China in 1970. According to Global Times, China Hybrid Rice has reached a record of 1251 kilogram per mu in 2023.

The seed replacement rate, rising demand for rice globally, and availability of a variety of rice seeds are the factors responsible for driving this market. Hybrid rice provides better tolerance for salinity water which helps farmersadoptthe hybrid seed in developing countries and is also the reason for growing this market.

Other the other hand, the invention of new technology, molecular breeding and a rise in the export these seeds will open up with number of opportunities in the coming years.

Economic Impact of Covid-19:

The analysis of the COVID-19 recovery trajectory provides an overview of the main strategies that industries are implementing to respond to and recover from the economic crisis. It alsofocuses on the post-pandemic and pre-pandemic era of the Global Hybrid Rice Seeds Market through PEST analysis, SWOT, Quantitative and Qualitative analysis, Attractive analysis, and DROs.

Key Players:

• Bayer Crop Science
• Dupont
• Syngenta
• China National Seed Group
• Pioneer
• Advanta Limited
• BioSeeds Research India Pvt Ltd
• Siri Seeds Pvt Ptd
• Wuhan Comega Seed Co. Ltd
• UPL Ltd
• RiceTec Inc,
• Nuziveedu Seeds Ltd,
• BASF SE
• K AgriGenetics Ltd,
• Winall Hi-Tech Seed Co Ltd.
• Others

Recent Developments in Global Hybrid Rice Seeds Market.

In 2023, Bayers announced its crop Science Division will further capitalize on various opportunities to shift to regenerative agriculture to grow in adjacent markets in addition to its core business of seeds, crop protection, and digital. Moreover, Initial trials are going on under the Bayers Direct Acres Program in India. In addition, the company is also hybridizing staple crop rice to improve its sustainability and productivity.

Bayers CropScience launches a new rice variety in the Philippines. Further, a new Hybrid rice variety is the most tolerant hybrid variety to BLB and has a potential of 32% higher yield than inbred.

In 2023, Chinese hybrid rice will help Africa to improve its food security. By December 2022 the planting area of Chinese hybrid rice in Madagascar was 75,000 Hectares with an average output of 7.5 tonnes/hectare.

Global Hybrid Rice Seeds Market Key Benefits:

1. The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
2. Quantitative and Qualitative analysis of the current market.
3. Estimations for the forecast period 2032.
4. Historical data and forecast data.
5. Recent developments and trends in the market.   
6. Market share of the market players, company profiles, SWOT analysis, and competitive landscape.
7. Covid-19 Impact analysis

GlobalHybrid Rice Seeds MarketSegmentation:

By Grain Size:

Long Grains

Medium Size Grains

Short Grains

Aromatic Grains

By Type:

3- Line Breeding Systems

2-Line Breeding Systems

By Duration:

Up to 110 Days

111 to 140 Days

140+ Days

By Distribution Channel:

Retailers

Online

Supermarket & Hypermarket

Others

Based on Region:

Asia-Pacific

• Japan
• China
• India
• Australia
• New Zealand
• Rest of Asia-Pacific

 

North America

• US
• Canada
• Mexico

Europe

• Germany
• France
• Italy    
• Spain
• UK
• Rest of Europe

The rest of the World

Each of the market segments has been analysed in detail for market trends, recent trends and developments, drivers, restraints, opportunities, and competitive analysis.

Research Scope:

Report Scope	Details
Base Year	2023
Historical Years	2019 to 2022
Forecast Years	2023 to 2033
Market Size 2023	USD 5.5 BN
Market Revenue 2033	USD 11 BN
Growth Rate 2023- 2033	40.9%
Report Coverage	Trends, SWOT Analysis, Competitive Landscape, DROs, Revenue Forecast, PEST Analysis.
Segments Covered	Grain Size, Type,Duration, Distribution Channel, Region
Companies Mentioned	Bayer Crop Science, Dupont, Syngenta, China National Seed Group, Pioneer, Advanta Limited, BioSeeds Research India Pvt Ltd, Siri Seeds Pvt Ltd, Wuhan Comega Co Ltd, UPL Ltd, RiceTec Ltd, Nuziveedu Seeds Ltd, BASF SE, J.K AgriGenetics Ltd, Winall Hi-Tech Seed Co Ltd,
Customization	Yes

 

Regional Analysis:

Asia-Pacific dominates the hybrid rice seeds market over the other regions due to its increasing demand for manufacturing these seeds in countries like Vietnam, China, India, and Thailand. Government initiatives to encourage farmers to grow more and more rice by promoting sustainability through tax exemption, subsidies, and various development plans.The collaboration between private companies and the government is planned to increase hybrid rice production. China is dominating the hybrid seeds market which is a size of USD 4.5 million by 2033. Also, Japan is likely to increase the seed sectors by USD 185.2 million by 2033.

North America is expected to have the largest market share due to its presence of giant key player research and development in technology in this region. Further, with the rising demand for high yield, and disease resistance this market is expanding in countries like Canada as a result farmers are diverting towards this hybrid rice seed. Different programs that are run by the government to cultivate more hybrid rice and demand for genetically and organic rice are continuously contributing towards market growth in the forecast period.

Key questions answered by this report.

1. Top market players contributing to the revenue?
2. Trending strategies by the players?
3. Which region will be the leading one in the forecast period?
4. Factors that drive the Global Hybrid Rice Seeds Market?
5. Which factors will affect the Global Hybrid Rice Seeds Market?
6. How Covid-19 pandemic impacted the growth of the GlobalHybrid Rice Seeds Market?
7. Which Segment accounted for the Global Hybrid Rice Seeds Market shares?

 

Frequently Asked Questions (FAQ) :