Global Rice Seeds Market 2020-2029 By Region, By Grain Size, By Hybridization Technique and Top 20 Country Market Analysis

Introduction- Global Rice Seeds Market Analysis

Rice is utilized as a staple food across the globe, it is a great source of vitamin B and minerals such as magnesium and manganese. Brown rice contains antioxidants and a large portion of vitamins while white rice consists of phosphorous, folic acid, iron, niacin, thiamine, selenium, and omega-6 fatty acids. The rice seeds market is predicted to attain upwards of USD 7.5 billion by 2028, with a steady CAGR of 6.8% throughout the forecast duration. The market is propelled by determinants such as the declining prices of hybrid rice seeds, increasing technological advances in rice breeding, rising seed replacement rates for paddy across Asian countries, and growing adoption of hybrid rice seeds in developed and developing countries.

Segments analysis – Global Rice Seeds Market Analysis

The rice seeds market can be segmented into grain size, hybridization technique, and treatment.
Based on grain size, the rice seeds market is categorized into long, medium, and short. The long-grain rice seeds are expected to be most widely used in the coming years. This is owing to the tremendous rate of rice cultivation across several countries in Asia and North America. The restricted utilization of short grain rice in the food industry is assisting in directing the growth of these types of seeds. For instance, in Asian countries, jasmine and basmati rice grains are some of the long-grain rice types that are exported in huge quantities and are of valuable quality from the viewpoint of rice millers or workers in terms of output value. The significant players in the market, such as DowDuPont and Bayer, emphasize long rice grains, accompanied by medium-sized rice and short rice.
Based on the hybridization technique the rice seeds market can be divided into three lines and two lines. The three-line system has a larger market share and is often utilized by dominant players for hybrid seed generation in Asian countries. Very few organizations such as RiceTec Inc. and LongPing Hi-Tech have been dependent on the two-line segment for product improvement. The requirement of a controlled environment and huge field, and the scarcity of skilled labor for custom set-up are the influential factors limiting the growth of the two-line system in Asian countries.
China and the US are the major countries that are lingering ahead of the curve and utilizing the two-line system owing to the advantages associated with it.
Based on treatment the rice seeds market can be classified into treated and untreated seeds. the untreated rice seeds estimate for larger market size. However, the processing of seeds and their appropriation has been attaining value for field crops, such as corn, soybean and wheat to diminish crop loss from initial pest outbreaks. The adoption of this technology for rice is still progressive across Asian countries, rice is mainly cultivated in this region.
Though, producers are hesitant to invest funds in crop inputs and prefer utilizing the traditional techniques of crop security. The growing need for sustainable cultivation and integrated pest control guidelines set by governments in Asian countries has urged farmers to utilize seed coating technologies. On account of these determinants, this segment is predicted to grow at a tremendous rate during the forecast interval.

Strategic insights – Global Rice Seeds Market Analysis

Strategic market forces such as a market merger, initiative, and acquisition along with new improvements have positively affected the germination of the global rice seeds market. The Kaveri Seed Company Limited inaugurated its new biotechnology research and development Centre in Telangana, India. The laboratory is expected to improve and assist the company to further strengthen its administration position and drive growth. in 2018, BASF agreed on the procurement of assets and businesses from Bayer. The addition of the legume seeds market enhances BASF’s global offerings. It extends BASF’s seed program and complements the newly developed Agricultural Solutions portfolio, which comprises chemical and biological crop protection, seeds and traits, soil management, digital farming, and pest control.

Regional Analysis – Global Rice Seeds Market Analysis

By region, the Asia Pacific region is valued for the largest share. The region is a significant producer and consumer of rice across the globe facilitated with scarce arable area in the region that has encouraged producers to yield better from their cultivation. The adoption of superior technologies such as certified and hybrid seeds is also progressing in this region. Since rice farming in other regions of the world is relatively low, the increase of the Asia Pacific market is predicted to endure steadily during the forecast period.
The market for the ambitious landscape of rice seeds is deeply fragmented, with many players who have a global appearance with strong research and development base along with technological abilities to meet the increasing demand across the globe. New product collaborations and launches are a few of the procedures that are utilized by players in the rice seed market to enter new markets.

Key Players – Global Rice Seeds Market Analysis

Bayer CropScience AG. Nuziveedu Seeds Ltd, Syngenta, China National Seed Group Co are a few major players in the market