Hybrid Rice Seeds Market Size to Hit USD 5.43 Billion by 2027; Rising Concerns Regarding Food Security to Fuel the Market, Says Fortune Business Insights™

Top companies covered are Syngenta AG (Switzerland), Bayer AG (Germany), UPL Ltd. (India), Nath Bio-Genes Ltd. (India), Nirmal Seeds Pvt. Ltd (India), Biostadt India Ltd. (India), Yuan Longping High-tech Agriculture Co., Ltd. (China), Wuhan Comega Seed Co., Ltd. (China), Nuziveedu Seeds Ltd. (India), RiceTec, Inc. (United States), and more players profiled in hybrid rice seeds market research report


Pune, India, March 02, 2021 (GLOBE NEWSWIRE) -- The global hybrid rice seeds market size is projected to reach USD 5.43 billion by 2027 owing to the rising concerns regarding food security worldwide, states Fortune Business Insights™ in its report, titled “Hybrid Rice Seeds Market, 2020-2027”. The report further states that the global market value was USD 2.06 billion in 2019 and is expected to register a CAGR of 13.32% from 2020 to 2027.


COVID-19 Impact

Agriculture has been one of the most affected sectors amid the COVID-19 outbreak. Constant reduction of crops and other essential items from inventory, coupled with the prolonged halt of the cultivation in the first quarter of 2020, have raised concerns regarding food security. The hybrid rice seeds market took the blow as well. The market witnessed a lower growth of 9.9% in 2020 as compared to the average year-on-year growth during 2016-2019.


Bayer AG to Introduce Flood-resistant Hybrid Rice Variety to the Indian Market

In December 2019, Bayer AG announced that the company is planning to introduce a flood-resistant hybrid rice variety to the Indian market. The variety has already been launched by the company in Bangladesh and is awaiting regulatory approvals in India. The launch of this innovative product is predicted to be highly successful in India, which is an agriculture-driven nation. In addition, this will help save the huge losses the growers suffer every year because of the floods. For instance, according to the Ministry of Water Resources, between 1953 and 2017, floods have been responsible for damaging INR 1,679 crore worth of crops every year.


Get Sample PDF Brochure with Impact of COVID-19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hybrid-rice-seeds-market-104926


Fear of Scarcity to Stem the High Growth of Hybrid Rice Seeds

The global consumption of rice is increasing steadily. According to the United Nations Food and Agriculture Organization (FAO), the total rice production worldwide reached nearly 755 million metric tonnes in 2018. Rising concerns regarding food security owing to the rapidly increasing demand triggered by the stretching global population is estimated to drive the global hybrid rice seeds market growth. The ability of these hybrid seeds to offer comparatively higher yield is anticipated to further strengthen their demand. However, the high cost associated with the development is predicted to limit growth.


3-line Hybrid System Segment Leading by Example

Based on the type, the market is segmented into 3-line breeding systems and 2-line breeding systems. The 3-line hybrid system is projected to lead the global market during the forecast period. The segment held the largest market share in 2019. The ability to increase vigor, resistance to pests, and high-quality are the key factors propelling the segment growth. Based on the size, the market has been divided into long grains, medium grains, and short grains. The medium-sized rice grain seeds are estimated to secure the major hybrid rice seeds market share. The segment growth is attributable to the worldwide popularity of the seeds due to their moist, tender, and slightly chewy texture. The segment held a total market share of 66.15% in the Asia Pacific market in 2019.


High Production Rate from Major Countries to Crown Asia Pacific as Leading Region

  • Asia Pacific led the global market in 2019 with a market value of USD 1.84 billion. The high production of hybrid rice seeds in countries including China, India, Vietnam, and Thailand is estimated to propel the demand in the region.
  • The market in the Middle East & Africa is projected to showcase robust growth during the forecast period. The primary factor expected to drive the demand in the region is the introduction of the latest technologies for the development and processing of hybrid rice seeds.


Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/hybrid-rice-seeds-market-104926


Pioneers Seeking Innovation to Enlarge Production Capacity

Key players operating in the global market are focusing on acquiring companies with cutting-edge technology in order to upgrade their operations. This will help them better analyze the yield and enhance the production capacity. For instance, in January 2019, the International Rice Research Institute (IRRI) teamed up with Computomics GmbH, a Germany-based biotechnology company for utilizing its latest bioinformatics tools to speed up the analysis of rice cultivation and breeding.


Key Industry Development:

In June 2018, Bayer AG announced to acquire The Monsanto Company. This will aid the company to diversify and commercialize hybrid rice seeds in India. Its aim is to become the world’s biggest seed and agro-chemical company.


List of Key Players Profiled in the Global Hybrid Rice Seeds Market:

  • Syngenta AG (Switzerland)
  • Bayer AG (Germany)
  • UPL Ltd. (India)
  • Nath Bio-Genes Ltd. (India)
  • Nirmal Seeds Pvt. Ltd (India)
  • Biostadt India Ltd. (India)
  • Yuan Longping High-tech Agriculture Co., Ltd. (China)
  • Wuhan Comega Seed Co., Ltd. (China)
  • Nuziveedu Seeds Ltd. (India)
  • RiceTec, Inc. (United States)


Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/hybrid-rice-seeds-market-104926


Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Emerging Trends
  • Key Insights
    • Overview on the Global Rice Market
    • Market Dynamics on Global Hybrid Seeds
    • Analysis on Demand for Hybrid Rice Seeds Product
    • Supply Chain & Industry SWOT Analysis
    • Pricing Analysis on Hybrid Rice Seeds
    • Recent Industry Developments: Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
    • Economics of Hybrid Rice Seed Production
    • Hybrid Rice Seed Industry- Porter's Five Forces Analysis
    • Market Analysis and Insights (in Relation with COVID-19)
      • Impact of COVID-19 on the Market
      • Supply Chain Challenges due to the Pandemic
      • Potential Opportunities to Support the during the Global Crisis
  • Global Hybrid Rice Seeds Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Size Estimates and Forecast 
      • By Type (Value)
        • 3-line Breeding Systems
        • 2-line Breeding Systems
      • By Grain Size (Value)
        • Long Grains
        • Medium Grains
        • Short Grains
      • By Region (Value)
        • North America
        • Europe
        • Asia Pacific
        • South America
        • Middle East & Africa

TOC Continued…!


Speak to Our Expert:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/hybrid-rice-seeds-market-104926


Have a Look at Related Research Insights:

Hybrid Seeds Market Size, Share And Global Trend By Crop Type(Cereals (Rice, Corn, Barley, and Sorghum), Oilseeds (Canola, Soybean, Cotton, and Sunflower), Fruits & Vegetables (Tomato, Cabbage, Chilli & Bell pepper, Okra, Cucumber, and Melons)), And Geography Forecast Till 2021-2028

Vegetable Seeds Market Size, Share & COVID-19 Impact Analysis, By Type (Open Pollinated Varieties and Hybrids), Crop Type (Solanaceae, Root & Bulb, Cucurbit, Brassica, Leafy, and Others), Cultivation Method, and Regional Forecast, 2020 – 2027

Commercial Seed Market Size, Share and Industry Analysis By Product Type (Genetically, Modified Seeds, Conventional Seeds), Crop Type (Cereals, Oilseeds, Fruits & Vegetables) and Regional Forecast 2018-2025

Genetically Modified Seeds Market Size, Share and Industry Analysis By Crop (Corn, Soybean, Cotton, Canola and Others), and Regional Forecast 2019-2026


About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Emailsales@fortunebusinessinsights.com

Fortune Business Insights™

LinkedIn | Twitter | Blogs