糖心vlog传媒

logo

Rice Seed Market Size

The rice seed market is projected to experience steady growth, driven by increasing demand for rice as a staple food in various countries and the development of new rice varieties. The market's expansion is particularly notable in the Asia-Pacific region, which dominates global production and consumption. The shift towards hybrid seeds, due to their disease resistance and adaptability, is expected to further propel the market. Additionally, regulatory approvals for genetically modified rice varieties in regions like North America are anticipated to contribute to market growth.

INSTANT ACCESS

Home right-chevron-icon Market Analysis right-chevron-icon Agriculture Research right-chevron-icon Seeds Research right-chevron-icon Crop Seeds Research right-chevron-icon Grain Seeds Research right-chevron-icon Rice Seed Research right-chevron-icon Rice Seed Market right-chevron-icon Market Size

Market Size of rice seed Industry

Rice Seed Market Summary
share button
svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 5.87 Billion
svg icon Market Size (2030) USD 7.33 Billion
svg icon Largest Share by Breeding Technology Open Pollinated Varieties & Hybrid Derivatives
svg icon CAGR (2024 - 2030) 3.76 %
svg icon Largest Share by Region Asia-Pacific
svg icon Market Concentration Low

Major Players
major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

WHY BUY FROM US?

1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

Rice Seed Market Analysis

The Rice Seed Market size is estimated at 5.87 billion USD in 2024, and is expected to reach 7.33 billion USD by 2030, growing at a CAGR of 3.76% during the forecast period (2024-2030).

5.87 Billion

Market Size in 2024 (USD)

7.33 Billion

Market Size in 2030 (USD)

3.44 %

CAGR (2017-2023)

3.76 %

CAGR (2024-2030)

Largest Market by Breeding Technology

64.75 %

value share, Open Pollinated Varieties & Hybrid Derivatives, 2023

Icon image

Open-pollinated varieties require fewer inputs, such as fertilizer and pesticides, are less expensive than hybrid seeds, and are more affordable for low-income farmers.

Largest Market by Country

24.79 %

value share, China, 2023

Icon image

The country extensively employs high-yielding rice varieties to meet local demand, and it is the only nation in the region approved for cultivating insect-resistant GM rice seeds.

Fastest-growing Market by Breeding Technology

3.95 %

Projected CAGR, Open Pollinated Varieties & Hybrid Derivatives, 2024-2030

Icon image

It is projected to witness growth as the crop requires a large number of seeds to be sown for good cultivation, and small-scale growers save input costs for cultivation.

Fastest-growing Market by Country

11.22 %

Projected CAGR, Ukraine, 2024-2030

Icon image

Ukraine is the fastest-growing country as the population is changing its diet from wheat to rice, and there is an abundance of water available for cultivating rice.

Leading Market Player

11.95 %

market share, Bayer AG, 2022

Icon image

Bayer AG is the leader in the rice market due to regular product innovations, the production of a hybrid variety of rice, and investments in research and development (R&D).

Asia-Pacific is the largest producer of rice with higher adoption of GM seeds in the Philippines and China, which will help in driving the sales of improved seed varieties

  • In 2022, rice seed accounted for 9.3% of the global row crops seed market. Rice is the staple food consumed in many countries, such as India, China, and the Philippines, with high demand for consumption throughout the year.
  • Globally, hybrids accounted for 35.4% of the market in 2022, whereas OPVs accounted for 64.6% in the same period due to the inferior grain quality of rice and the high input requirements of hybrids.
  • Asia-Pacific was the largest region by rice production, and its seed market accounted for 74.3% of the global market in 2022. The increasing demand for consumption with the development of new rice varieties and higher cultivation areas is driving the market in the region. China was the largest adopter of hybrid rice seeds, and the country had the largest hybrid rice seed market in 2022, which accounted for 54.6% of the hybrid segment. Moreover, the demand for higher resistance to diseases and wider adaptability are driving the demand for hybrid seeds in the global market.
  • In 2022, herbicide-tolerant rice seeds had a market share of 14%. The United States approved the most herbicide-tolerant rice seeds because the government was encouraging the introduction of more GM crops. Other traits are emerging as the Philippines approved the cultivation of golden rice in the country.
  • China, which produces rice using insect-resistant transgenic hybrids, accounted for 100% of the global insect-resistant segment due to the availability of these seed varieties with resistance to insects as they help reduce crop loss by 80%-90%.
  • The increase in the concerns for productivity and the demand for consumption and self-sufficiency is expected to drive the rice seed market with a CAGR of 3.8% during the forecast period.
Global Rice Seed Market

Asia-Pacific dominated the global rice seed market as rice is the staple food in the region and is produced in large quantities

  • The rice seed market accounted for 8.3% of the global seed market value in 2022. The market value increased by 18.1% between 2017 to 2022. Asia-Pacific held about 74.3% of the global rice seed market in 2022, as rice is the staple food in the region and is produced in large quantities. Globally, the largest rice-producing countries are China, India, Indonesia, and Bangladesh.鈥�
  • In 2022, China and India accounted for about 37.6% of the global rice seed market due to high consumption (about 65% of the population consumes rice in these countries) and increased rice production using hybrid seeds. Therefore, the demand for rice seeds is anticipated to increase further during the forecast period.
  • The commercially cultivated area for rice in India increased by 7.0% between 2017 and 2022, as about 60% of the population in the country consumes rice. It is also a leading producer of rice and caters to global demand. Thus, the demand for rice seeds is likely to increase during the forecast period.
  • The demand for hybrid seeds for rice is anticipated to increase during the forecast period due to continuous research activities to produce different hybrid seed varieties for rice. For instance, in 2018, the United States approved the production of golden hybrid rice.
  • Rice production in North America was 8.0 million metric ton in 2017, which reached more than 8.7 million metric ton in 2021. The increased demand for American rice in developing countries and approvals for GM rice seed varieties are projected to boost the growth of the North American rice seed market during the forecast period.
  • Thus, due to the increased production and demand for rice, the segment is estimated to experience steady growth during the forecast period.

Rice Seed Industry Segmentation

Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

  • In 2022, rice seed accounted for 9.3% of the global row crops seed market. Rice is the staple food consumed in many countries, such as India, China, and the Philippines, with high demand for consumption throughout the year.
  • Globally, hybrids accounted for 35.4% of the market in 2022, whereas OPVs accounted for 64.6% in the same period due to the inferior grain quality of rice and the high input requirements of hybrids.
  • Asia-Pacific was the largest region by rice production, and its seed market accounted for 74.3% of the global market in 2022. The increasing demand for consumption with the development of new rice varieties and higher cultivation areas is driving the market in the region. China was the largest adopter of hybrid rice seeds, and the country had the largest hybrid rice seed market in 2022, which accounted for 54.6% of the hybrid segment. Moreover, the demand for higher resistance to diseases and wider adaptability are driving the demand for hybrid seeds in the global market.
  • In 2022, herbicide-tolerant rice seeds had a market share of 14%. The United States approved the most herbicide-tolerant rice seeds because the government was encouraging the introduction of more GM crops. Other traits are emerging as the Philippines approved the cultivation of golden rice in the country.
  • China, which produces rice using insect-resistant transgenic hybrids, accounted for 100% of the global insect-resistant segment due to the availability of these seed varieties with resistance to insects as they help reduce crop loss by 80%-90%.
  • The increase in the concerns for productivity and the demand for consumption and self-sufficiency is expected to drive the rice seed market with a CAGR of 3.8% during the forecast period.
Breeding Technology
Hybrids
Non-Transgenic Hybrids
Transgenic Hybrids
Herbicide Tolerant Hybrids
Insect Resistant Hybrids
Other Traits
Open Pollinated Varieties & Hybrid Derivatives
Region
Africa
By Breeding Technology
By Country
Egypt
Ethiopia
Ghana
Kenya
Nigeria
South Africa
Tanzania
Rest of Africa
Asia-Pacific
By Breeding Technology
By Country
Australia
Bangladesh
China
India
Indonesia
Japan
Myanmar
Pakistan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Breeding Technology
By Country
France
Italy
Romania
Russia
Spain
Turkey
Ukraine
Rest of Europe
Middle East
By Breeding Technology
By Country
Iran
Rest of Middle East
North America
By Breeding Technology
By Country
Mexico
United States
Rest of North America
South America
By Breeding Technology
By Country
Argentina
Brazil
Rest of South America
customize-icon Need A Different Region Or Segment?
Customize Now

Rice Seed Market Size Summary

The rice seed market is a significant segment of the global agricultural industry, driven by the staple nature of rice as a primary food source for a substantial portion of the world's population. The market is characterized by a diverse range of seed varieties, including hybrids and open-pollinated varieties (OPVs), with hybrids gaining traction due to their potential for higher yields and disease resistance. The Asia-Pacific region dominates the market, accounting for a substantial share of global rice production and seed demand, with countries like China and India leading in both consumption and production. The increasing adoption of hybrid seeds, particularly in China, is fueled by the need for higher resistance to diseases and adaptability to varying climatic conditions. The market is also witnessing a growing interest in genetically modified (GM) seeds, such as herbicide-tolerant and insect-resistant varieties, which are gaining approval in regions like the United States and the Philippines.

The rice seed market is expected to experience steady growth over the forecast period, driven by factors such as rising global demand for rice, government initiatives to boost domestic production, and advancements in seed technology. The development of new rice varieties with traits like drought tolerance and disease resistance is crucial in meeting the challenges posed by changing climatic conditions and pest pressures. The market is fragmented, with major players like Advanta Seeds - UPL, Bayer AG, Corteva Agriscience, SL Agritech Corporation, and Syngenta Group playing pivotal roles in innovation and collaboration. Strategic partnerships and investments in research and development are expected to enhance the availability of superior seed varieties, further propelling market growth. As the demand for rice continues to rise, the market is poised for expansion, supported by ongoing efforts to improve seed quality and agricultural productivity.

Explore More >

Rice Seed Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Breeding Technology

      1. 1.1.1 Hybrids

        1. 1.1.1.1 Non-Transgenic Hybrids

        2. 1.1.1.2 Transgenic Hybrids

          1. 1.1.1.2.1 Herbicide Tolerant Hybrids

          2. 1.1.1.2.2 Insect Resistant Hybrids

          3. 1.1.1.2.3 Other Traits

      2. 1.1.2 Open Pollinated Varieties & Hybrid Derivatives

    2. 1.2 Region

      1. 1.2.1 Africa

        1. 1.2.1.1 By Breeding Technology

        2. 1.2.1.2 By Country

          1. 1.2.1.2.1 Egypt

          2. 1.2.1.2.2 Ethiopia

          3. 1.2.1.2.3 Ghana

          4. 1.2.1.2.4 Kenya

          5. 1.2.1.2.5 Nigeria

          6. 1.2.1.2.6 South Africa

          7. 1.2.1.2.7 Tanzania

          8. 1.2.1.2.8 Rest of Africa

      2. 1.2.2 Asia-Pacific

        1. 1.2.2.1 By Breeding Technology

        2. 1.2.2.2 By Country

          1. 1.2.2.2.1 Australia

          2. 1.2.2.2.2 Bangladesh

          3. 1.2.2.2.3 China

          4. 1.2.2.2.4 India

          5. 1.2.2.2.5 Indonesia

          6. 1.2.2.2.6 Japan

          7. 1.2.2.2.7 Myanmar

          8. 1.2.2.2.8 Pakistan

          9. 1.2.2.2.9 Philippines

          10. 1.2.2.2.10 Thailand

          11. 1.2.2.2.11 Vietnam

          12. 1.2.2.2.12 Rest of Asia-Pacific

      3. 1.2.3 Europe

        1. 1.2.3.1 By Breeding Technology

        2. 1.2.3.2 By Country

          1. 1.2.3.2.1 France

          2. 1.2.3.2.2 Italy

          3. 1.2.3.2.3 Romania

          4. 1.2.3.2.4 Russia

          5. 1.2.3.2.5 Spain

          6. 1.2.3.2.6 Turkey

          7. 1.2.3.2.7 Ukraine

          8. 1.2.3.2.8 Rest of Europe

      4. 1.2.4 Middle East

        1. 1.2.4.1 By Breeding Technology

        2. 1.2.4.2 By Country

          1. 1.2.4.2.1 Iran

          2. 1.2.4.2.2 Rest of Middle East

      5. 1.2.5 North America

        1. 1.2.5.1 By Breeding Technology

        2. 1.2.5.2 By Country

          1. 1.2.5.2.1 Mexico

          2. 1.2.5.2.2 United States

          3. 1.2.5.2.3 Rest of North America

      6. 1.2.6 South America

        1. 1.2.6.1 By Breeding Technology

        2. 1.2.6.2 By Country

          1. 1.2.6.2.1 Argentina

          2. 1.2.6.2.2 Brazil

          3. 1.2.6.2.3 Rest of South America

Rice Seed Market Size FAQs

The Global Rice Seed Market size is expected to reach USD 5.87 billion in 2024 and grow at a CAGR of 3.76% to reach USD 7.33 billion by 2030.

In 2024, the Global Rice Seed Market size is expected to reach USD 5.87 billion.

Rice Seed Market Report Snapshots

Rice Seed Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

// // // // //

糖心vlog传媒

// // ${ //
//

// 糖心vlog传媒 - ${reportTitle} //

// // // "> // `; codeToEmbed.innerText = `

${
Image Source
` // Citation Copy const citationText = document.querySelector(".citation-text"); const copyCitation = document.querySelector("#copy-citation"); copyCitation.addEventListener("click", function (event) { event.preventDefault(); handleShare('Citation Copied'); var copyText = citationText.innerText; navigator.clipboard.writeText(copyText); let copiedNotification = document.getElementById("citation-copy-notification"); copiedNotification.classList.remove("invisible"); setTimeout(()=>copiedNotification.classList.add("invisible"), 2000); }); // Link Copy const copyButton = document.querySelector("#copy-link"); copyButton.addEventListener("click", function (event) { event.preventDefault(); handleShare('Link Copied') navigator.clipboard.writeText(`${report_url}`); let copiedNotification = document.getElementById("link-copy-notification"); copiedNotification.classList.remove("invisible"); setTimeout(()=>copiedNotification.classList.add("invisible"), 1500 ); }); // Embed Code Copy const copyEmbedCodeButton = document.getElementById('copy-embed-code-butt'); copyEmbedCodeButton.addEventListener("click", function(event){ event.preventDefault(); handleEmbedSnapshot(); let copyiedCode = document.getElementById('code-to-copy').innerText; navigator.clipboard.writeText(copyiedCode); let codeCopiedNotification = document.getElementById("embed-code-copy-notification"); codeCopiedNotification.classList.remove("invisible"); setTimeout(()=>codeCopiedNotification.classList.add("invisible"), 1500 ); }); // Facebook Share let facebookShare = document.getElementById("facebook-share"); facebookShare.addEventListener('click', function() { handleShare('Facebook'); let url = `https://www.facebook.com/sharer/sharer.php?u=${encodeURI(report_url)}`; window.open(url,'Share on Facebook', `width=${width}, height=${height}, top=${top}, left=${left}`) }); // LinkedIn Share let linkedinShare = document.getElementById("linkedin-share"); linkedinShare.addEventListener('click', function() { handleShare('LinkedIn'); let url = `https://www.linkedin.com/shareArticle?mini=true&url=${encodeURI(report_url)}&source=MordorIntel`; window.open(url, 'Share on Linkedin', `width=${width}, height=${height}, top=${top}, left=${left}`); }); // Twitter Share let twitterShare = document.getElementById("twitter-share"); twitterShare.addEventListener('click', function() { handleShare('Twitter'); let url = `http://twitter.com/intent/tweet?url=${encodeURI(report_url)}&text=${encodeURIComponent(shortTitle.replace(/\s+Market$/, '').replace(/\s+market$/, '').trim() + ' Market Size | 糖心vlog传媒')},${encodeURIComponent('@MordorIntel')}&hashtags=mordorintelligence,${slug.replaceAll("-", "")}`; window.open(url, 'Share on Twitter', `width=${width}, height=${height}, top=${top}, left=${left}`); }); // Email Share let emailShare = document.getElementById("email-share"); emailShare.href = `mailto:?subject=${encodeURIComponent("糖心vlog传媒 - " + shortTitle)}&body=${encodeURIComponent('Check out this report from 糖心vlog传媒. I believe you will find it interesting.')}%0D%0A%0D%0A${encodeURIComponent(metaDescription)}%0D%0A%0D%0A${encodeURIComponent(marketSnapshotUrl)}%0D%0A%0D%0A${encodeURIComponent(report_url)}`; emailShare.addEventListener('click', function() { handleShare('Email'); }); } // Share Analytics async function handleShare(type=null){ try{ let body ={ reportTitle: `${reportTitle}`, reportSlug: `${slug}`, reportUrl: `${report_url}`, sharingPlatform: type, } fetch(`${backend_url}/api/collect-analytics/share-analytics`, { method: 'post', body: JSON.stringify(body) }).then(res=>{ console.log('Send Successfully'); }) } catch(error){ console.log(`Error at Share Analytics: ${error}`); } } // Embed Analytics async function handleEmbedSnapshot(){ try{ let body ={ image: (imageType === "executive-summary") ? marketSnapshotUrl.split('/')[3]+'-executive-summary-snapshot' : marketSnapshotUrl.split('/')[3]+'-market-snapshot', imageUrl: marketSnapshotUrl, reportTitle: `${reportTitle}`, reportSlug: `${slug}`, reportUrl: `'${report_url}`, isMarketSnapshot: isMarketSnapshot, isExecutiveSummary: isExecutiveSummary, } fetch(`${backend_url}/api/collect-analytics/embed-analytics`, { method: 'post', body: JSON.stringify(body) }).then(res=>{ console.log('Send Successfully'); }) } catch(error){ console.log(`Error at Embed Snapshot Analytics: ${error}`); } } // Alter Image Url function alterImageUrl(imageUrl){ if(window.location.href?.includes('www.mordorintelligence')){ if(imageUrl?.includes('mordorlabs')){ imageUrl = imageUrl.replace('mordorlabs','mordorintelligence'); }else if(imageUrl?.includes('mordor-graph-bucket.s3.us-west-2.amazonaws')){ imageUrl = imageUrl.replace('mordor-graph-bucket.s3.us-west-2.amazonaws','s3.mordorintelligence'); } }else{ if(imageUrl?.includes('mordorintelligence')) { imageUrl = imageUrl.replace('mordorintelligence','mordorlabs'); }else if(imageUrl?.includes('mordor-graph-bucket.s3.us-west-2.amazonaws')){ imageUrl = imageUrl.replace('mordor-graph-bucket.s3.us-west-2.amazonaws','s3.mordorlabs'); } } return imageUrl + "?embed=true"; } }