Asia-Pacific Seed Market

Asia-Pacific Seed Market by Product Type (Hybrid Seeds, Conventional Seeds, and Varietal Seeds) Crop, (Grains and Cereals [Maize, Rice, Wheat, Sorghum and Other Grains and Cereals], Pulses and Oilseeds [Soybean, Sunflower, Canola and Other Oilseeds], Vegetables, and Other Crops) and Geography (China, India, Japan, Australia and Rest of Asia-Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: FB-943
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 158
  • Format:
  • Pub. Date: Upcoming
  • Share:

Asia-Pacific seed market size is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increased demand for seeds from the neighboring countries, the adaptation of technology to meet the demand and favorable climatic conditions.

The growing demand for seeds from the beverage, food, animal feed, and bio-fuels industry is boosting the expansion of the market. In developed markets, farmers are trying to maintain the crop yield and increase their returns. This sustained approach from developed and developing countries in agricultural practices has been fueling the global seeds market growth.

Asia-Pacific Seed Market-Key Takeaways

The Covid-19 pandemic had an unpleasant impact on the seed market. The delay in the supply of seeds to farmers and is a major pain point as seed production depends on allied sectors such as transporting, labor, and packaging, which have been impacted due to the lockdown. Moreover, issues related to transportation of seeds either internationally or domestically due to the reduced number of flights; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • High adoption of biotech crops to develop stress-tolerant and more nutritious crop varieties to protect natural resources is estimated to drive the Asia-Pacific seed market during the forecast period
  • Molecular breeding in seeds aids in reducing the time consumed in the selection of the desired genes in progenies and parents is projected to fuel the market growth.
  • Government approvals and regulations, advancements in the technologies involved in the R&D, and increased usage of GM seeds are some of the notable constraints for the seed market in the region.
  • Commercialization of fake hybrid seeds and counterfeit of products is expected to impede the market growth in coming years
  • R&D investment and technological advancement in Asia-Pacific seed market are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the Asia-Pacific seed market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Seed Market - Asia-Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Type (Hybrid Seeds, Conventional Seeds, and Varietal Seeds) Crop, (Grains and Cereals [Maize, Rice, Wheat, Sorghum and Other Grains and Cereals], Pulses and Oilseeds [Soybean, Sunflower, Canola and Other Oilseeds], Vegetables, and Other Crops)

Geography

China, India, Japan, Australia and Rest of Asia-Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

DuPont (pioneer), syngenta, limagrain, takiiseed and Monsanto


Market Segment insights

The hybrid seeds segment is projected to constitute a large market share
Based on product type, the Asia-Pacific seed market is segregated into hybrid seeds, conventional seeds, and varietal seeds. The hybrid seeds segment is expected to account for a key share of the market during the forecast period owing to enabling farmers to reduce their crop production costs significantly, for instance agrochemical treatments, while guaranteeing a much more abundant harvest; thereby, sold at a significantly higher price than conventional seeds.

Asia-Pacific Seed Market-By Product Type

Grains and cereals segment is expected to register a substantial CAGR
Based on crops, the Asia-Pacific seed market is divided into grains and cereals, pulses and oilseeds, vegetables, and others. Grains and cereals is further sub divided into maize, rice, wheat, sorghum and others and oilseeds are further segregated into soybean, sunflower, canola and others. The grains and cereals segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to factors such as the widespread use of grains as a staple food. In the past few years, countries such as China have emerged as major exporters of grains to meet the requirement of neighboring economies. Crops such as corn are widely utilized in both the feed and food industries. With the growing market for biofuels, crops like sorghum are also being produced on a large scale. An increase in awareness for vitamin- and protein- rich diets is boosting the demand for fruits and vegetable seeds.

India is expected to dominate the market
In terms of country, the market is broadly classified as China, India, Japan, Australia and Rest of Asia-Pacific. The market in India is anticipated to expand at a robust CAGR during the forecast period. Growth of arable land for cultivation, varied agro-climatic condition, and cheap labor availability are anticipated to boost the market growth over the coming years.

As per the APEDA data, India exports its vegetable and fruit seeds to countries, like the United States, the Netherlands, Bangladesh, Pakistan, Japan, Thailand, Singapore, and Israel. Among these countries the United States, the Netherlands and Bangladesh are the major importers of Indian fruit and vegetable seeds.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Seed Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Seed Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Seed Market - Supply Chain
  4.5. Global Seed Market Forecast
     4.5.1. Seed Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Seed Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Seed Market Absolute $ Opportunity
5. Global Seed Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Seed Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Seed Demand Share Forecast, 2019-2026
6. North America Seed Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Seed Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Seed Demand Share Forecast, 2019-2026
7. Latin America Seed Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Seed Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Seed Demand Share Forecast, 2019-2026
8. Europe Seed Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Seed Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Seed Demand Share Forecast, 2019-2026
9. Asia Pacific Seed Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Seed Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Seed Demand Share Forecast, 2019-2026
10. Middle East & Africa Seed Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Seed Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Seed Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Seed Market: Market Share Analysis
  11.2. Seed Distributors and Customers
  11.3. Seed Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. DuPont (pioneer) Syngenta Limagrain Takiiseed  
Segments Covered in the Report
The Asia-Pacific seed market has been segmented on the basis of:-

Product Type
  • Hybrid Seeds
  • Conventional Seeds
  • Varietal Seeds
Crop
  • Grains and Cereals
    • Maize
    • Rice
    • Wheat
    • Sorghum
    • Other Grains Cereals
  • Pulses and Oilseeds
    • Soybean
    • Sunflower
    • Canola
    • Other Oilseeds
  • Vegetables
  • Other Crops
Geography
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Key Companies
  • DuPont (pioneer)
  • Syngenta
  • Limagrain
  • Takiiseed
  • Monsanto

Key players competing in the Asia-Pacific seed market include DuPont (pioneer), syngenta, limagrain, takiiseed and Monsanto Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

 Asia-Pacific Seed Market-By Key Players

Buy Report