Market Size of china rice seed Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 1.83 Billion |
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Market Size (2030) | USD 2.08 Billion |
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Largest Share by Breeding Technology | Hybrids |
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CAGR (2024 - 2030) | 2.17 % |
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Fastest Growing by Breeding Technology | Hybrids |
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Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Rice Seed Market Analysis
The China Rice Seed Market size is estimated at 1.83 billion USD in 2024, and is expected to reach 2.08 billion USD by 2030, growing at a CAGR of 2.17% during the forecast period (2024-2030).
1.83 Billion
Market Size in 2024 (USD)
2.08 Billion
Market Size in 2030 (USD)
2.10 %
CAGR (2017-2023)
2.17 %
CAGR (2024-2030)
Largest Market by Breeding Technology
60.36 %
value share, Hybrids, 2023
The largest share of hybrids is due to their high area under cultivation for all hybrid crops and their advantages, such as disease resistance, high yield, and wider adaptability.
Fastest-growing Market by Breeding Technology
2.19 %
Projected CAGR, Hybrids, 2024-2030
The fastest growth of hybrids is associated with their characteristics, such as high yield and disease resistance, along with the development and approval of transgenic hybrid varieties.
Leading Market Player1
7.04 %
market share, Zhongnongfa Seed Industry Group Co. Ltd, 2022
It is one of the largest companies producing rice seeds. It is also expanding its operations through partnerships with global players and product innovations for local climatic conditions.
Leading Market Player2
5.06 %
market share, Anhui Tsuen Yin Hi-Tech Seed Industry Co. Ltd, 2022
It is a local seed company in China with a rich portfolio of hybrid rice. Indica-type super hybrid rice seeds are cultivated in 16 major rice-producing provinces in the country.
Leading Market Player3
4.68 %
market share, Yuan Longping High-Tech Agriculture Co. Ltd, 2022
It is one of the leading rice seed companies with a wider portfolio in the rice seed segment. The company is primarily focused on product innovation and partnerships.
Open-pollinated varieties and hybrid varieties of rice seeds held almost equal markets in China, and the ability of hybrid rice seeds to resist various diseases is driving the market
- In China, open-pollinated varieties and hybrid derivatives (OPVs) dominated the market, which accounted for about 65.7% of the market in 2022. It is associated with the high volume of seed requirements for planting and low-cost seeds compared to hybrids.
- The low cost of open-pollinated varieties, high adoption to local conditions, options for farm-saved seeds, and timely non-availability of hybrids are projected to drive the demand for open-pollinated and hybrid derivative rice seeds in China during the forecast period.
- Hybrid rice seeds accounted for 34.3% of the market value in China’s rice seed market in 2022. These hybrid rice seeds offer high-yielding characteristics and resistance to biotic and abiotic stresses.
- In the Chinese hybrid rice seed market, transgenic hybrids accounted for the market share of 83.3% in 2022 due to their resistance to major Lepidopteran insect pests and tolerance to common herbicides. Therefore, the demand for hybrids is expected to increase in the country during the forecast period.
- In the transgenic hybrid category, the majority share of the market was held by insect-resistant transgenic hybrids. This is primarily because, in China, insect-resistant transgenic traits are the only genetically modified rice crops that have received approval for commercial cultivation.
- In China, non-transgenic hybrids accounted for 16.7% of the hybrid rice seed market value in 2022. The market increased by 10.4% between 2017 and 2022, mainly due to the high adaption of hybrid seeds compared to traditional or inbreed seeds in the country.
- The growing area under cultivation of rice and the respective benefits of the OPV and hybrid seeds are anticipated to drive the market during the forecast period.
Understand The Key Trends Shaping This Market
China Rice Seed Industry Segmentation
Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology.
- In China, open-pollinated varieties and hybrid derivatives (OPVs) dominated the market, which accounted for about 65.7% of the market in 2022. It is associated with the high volume of seed requirements for planting and low-cost seeds compared to hybrids.
- The low cost of open-pollinated varieties, high adoption to local conditions, options for farm-saved seeds, and timely non-availability of hybrids are projected to drive the demand for open-pollinated and hybrid derivative rice seeds in China during the forecast period.
- Hybrid rice seeds accounted for 34.3% of the market value in China’s rice seed market in 2022. These hybrid rice seeds offer high-yielding characteristics and resistance to biotic and abiotic stresses.
- In the Chinese hybrid rice seed market, transgenic hybrids accounted for the market share of 83.3% in 2022 due to their resistance to major Lepidopteran insect pests and tolerance to common herbicides. Therefore, the demand for hybrids is expected to increase in the country during the forecast period.
- In the transgenic hybrid category, the majority share of the market was held by insect-resistant transgenic hybrids. This is primarily because, in China, insect-resistant transgenic traits are the only genetically modified rice crops that have received approval for commercial cultivation.
- In China, non-transgenic hybrids accounted for 16.7% of the hybrid rice seed market value in 2022. The market increased by 10.4% between 2017 and 2022, mainly due to the high adaption of hybrid seeds compared to traditional or inbreed seeds in the country.
- The growing area under cultivation of rice and the respective benefits of the OPV and hybrid seeds are anticipated to drive the market during the forecast period.
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| Open Pollinated Varieties & Hybrid Derivatives |
Need A Different Region Or Segment?
China Rice Seed Market Size Summary
The China rice seed market is experiencing a steady growth trajectory, driven by the increasing demand for both open-pollinated varieties and hybrid derivatives. Open-pollinated varieties dominate the market due to their cost-effectiveness and adaptability to local conditions, while hybrid seeds are gaining traction for their high-yielding characteristics and resistance to various stresses. The market is further bolstered by the growing acceptance of transgenic hybrids, which offer significant advantages such as insect resistance and herbicide tolerance. The expansion of rice cultivation areas, particularly in provinces like Hunan, and the stable domestic rice prices are contributing to the market's positive outlook. The government's support through increased procurement prices is expected to further stimulate the sowing area, enhancing the growth of commercial seeds.
China's rice seed market is characterized by a fragmented landscape with several key players actively involved in breeding and developing improved seed varieties. Companies are focusing on traits such as disease resistance, drought tolerance, and insect resistance to meet the evolving needs of farmers. The demand for seeds with enhanced traits is on the rise as the agricultural sector shifts towards sustainable practices. The market's growth is also supported by technological advancements and partnerships, such as the collaboration between BASF and Yuan Longping High-Tech Agriculture Co. Ltd, aimed at boosting agricultural productivity through non-GMO rice seed production. As farmers increasingly adopt these improved seed varieties, the market is poised for continued expansion in the coming years.
China Rice Seed Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Breeding Technology
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1.1.1 Hybrids
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1.1.1.1 Non-Transgenic Hybrids
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1.1.1.2 Transgenic Hybrids
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1.1.1.2.1 Insect Resistant Hybrids
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1.1.2 Open Pollinated Varieties & Hybrid Derivatives
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China Rice Seed Market Size FAQs
How big is the China Rice Seed Market?
The China Rice Seed Market size is expected to reach USD 1.83 billion in 2024 and grow at a CAGR of 2.17% to reach USD 2.08 billion by 2030.
What is the current China Rice Seed Market size?
In 2024, the China Rice Seed Market size is expected to reach USD 1.83 billion.
