Conventional Rice Seed Market size is estimated to be USD 10.5 Billion in 2024 and is expected to reach USD 15.2 Billion by 2033 at a CAGR of 4.6% from 2026 to 2033.
In 2022, the global rice seed market was valued at USD 7.32 billion and is projected to reach USD 10.94 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.72% from 2024 to 2034. Asia Pacific dominated the market, accounting for 77% of the global share in 2023. Within this region, India played a significant role, with approximately 46.3 million hectares under rice cultivation in 2022, representing about 32.7% of the Asia Pacifics rice cultivation area. citeturn0search3turn0search2 China and Bangladesh followed, contributing 20% and 8% to the regions rice acreage, respectively. Africa held 9.8% of the global rice acreage in 2022, with Nigeria leading at 27.3% of the continents rice cultivation area. South America accounted for 2.6% of the global rice acreage, while North America and Europe contributed 0.8% and 0.5%, respectively.
The demand for rice seeds with improved traits, such as disease resistance and drought tolerance, is driving market growth. In India, for instance, the adoption of hybrid seeds with advanced traits has increased to combat biotic stresses and pests like Tryporyza incertulas and Gundhi bugs. Similarly, in China, the development of double season rice cropping systems in provinces like Hunan and Jiangxi aims to meet the growing domestic demand. Government initiatives, such as Nigerias 10 year National Rice Development Strategy Phase II (NRDS II), are projected to double the area under rice cultivation, presenting significant opportunities for market expansion. Additionally, the increasing adoption of hybrid rice seeds and advancements in breeding technologies are expected to further propel the conventional rice seed market during the forecast period.
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Dupont Pioneer
Syngenta
Bayer CropScience
Nath
Advanta
Nirmal Seeds
Longping High-tech
China National Seed Group
Hainan Shennong Gene
WIN-ALL HI-TECH SEED
Hefei Fengle Seed
Zhongnongfa Seed
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Conventional Rice Seed Market
Short-Grain Rice Seeds
Medium-Grain Rice Seeds
Long-Grain Rice Seeds
Indica Rice
Japonica Rice
Hybrid Rice
Food Industry
Agricultural Production
Export Markets
Bags
Bulk Packaging
Retail Packaging
Direct Sales
Wholesale Distributors
E-commerce Platforms
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Conventional Rice Seed Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Conventional Rice Seed Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Conventional Rice Seed Market, By Type
6. Global Conventional Rice Seed Market, By Application
7. Global Conventional Rice Seed Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Conventional Rice Seed Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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