Asia-pacific Seed Market Forecast 2022-2030

Asia-pacific Seed Market Forecast 2022-2030

KEY FINDINGS

The Asia-Pacific seed market is anticipated to rise with a CAGR of 2.66% in terms of revenue and 2.60% in terms of volume across the forecast years of 2022 to 2030. The regional market’s growth is reinforced by the emergence of advanced technologies such as hybridization, molecular marker-assisted breeding, as well as gene insertion and supportive climatic conditions.

MARKET INSIGHTS

The Asia-Pacific seed market growth study includes the in-depth analysis of Thailand, Vietnam, India, Japan, Australia & New Zealand, Indonesia, China, South Korea, and Rest of Asia-Pacific. India is a mature seed market, with both public as well as private sectors playing an integral role in seed production. As per the Indian Council of Agricultural Research, the growing awareness in the consumption of vegetables to meet different nutritional needs and dietary requirements has augmented the demand for fresh vegetables. Consequently, this aspect also resulted in an increased vegetable production area in India, from 10.1 million hectares in 2016 to 10.3 million hectares in 2017.

The seed market in South Korea is supported by the increasing demand for rice, in addition to other vegetable seeds. Moreover, the country largely relies on the import of cereal and several other essential crops, as well. Some of the key factors propelling South Korea’s seed market include the surging popularity of organic farming and sustainable approaches practiced by farmers across the country. Thus, these drivers are set to reinforce the Asia-Pacific seed market growth during the forecasting period.

COMPETITIVE INSIGHTS

Leading players operating in the market are Rallis India, Sakata Seed Corporation, Takii & Co Ltd, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments