| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 356.13 Million |
| Market Size (2030) | USD 455.83 Million |
| CAGR (2025 - 2030) | 5.06 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bangladesh Seed Market Analysis
The Bangladesh Seed Market size is estimated at USD 356.13 million in 2025, and is expected to reach USD 455.83 million by 2030, at a CAGR of 5.06% during the forecast period (2025-2030).
The Bangladesh seed market is growing due to the country's agricultural focus and increasing demand for high-quality seeds to improve crop yields. Agriculture forms the foundation of Bangladesh's economy, contributing significantly to its GDP and employment. The seed market is essential for enhancing food production and maintaining food security. Bangladesh cultivates diverse crops including rice, jute, potatoes, vegetables, and fruits. The demand for improved seeds continues to rise with modernizing agricultural practices, new farming technologies, and the need to address climate change impacts. The market shows increased adoption of hybrid seeds, genetically modified (GM) seeds and certified seeds to enhance crop quality and quantity.
Bangladesh is modernizing its agricultural sector through government initiatives that include agricultural mechanization, improved irrigation systems, and high-yielding seeds. The increasing demand for hybrid and certified seeds to enhance productivity serves as a primary market driver. The Bangladesh Agricultural Development Corporation (BADC) distributes certified seeds for various crops to farmers to improve crop yields. These distribution programs maintain a consistent demand for high-quality seeds. For instance, in 2024, the Bangladesh Agriculture Development Corporation (BADC) provided 37,000 metric tons of seed potatoes at subsidized rates of USD 0.55-0.58/kg.
The high import dependency is driving major companies in the country to produce high-quality seeds and conduct research operations to reduce reliance on imports. Key companies producing and supplying seeds in the country include Bayer, Bioseed, Advanta, and Lal Teer Seed. Recently, Lal Teer Seed Ltd introduced a summer breed variety of tomatoes called Lal Bahadur (The Spunky Red), a high-yield variety tested at five trial sites. This tomato variety is specifically adapted for summer cultivation. Such innovations by major companies help address the domestic seed demand.
Bangladesh Seed Market Trends
Transgenic Hybrids Hold Significant Position by Product
The increasing production of pulses, vegetables, and cotton in Bangladesh drives the demand for transgenic hybrid (genetically modified) seeds. According to FAOSTAT, pulse production in Bangladesh increased from 717,214 metric tons in 2022 to 738,417 metric tons in 2023. Farmers are adopting transgenic hybrids due to their higher productivity, resistance to pests and diseases, and adaptation to environmental stressors.
Pulses are essential crops in Bangladesh, providing protein and contributing to the agricultural economy. However, varieties like lentils, chickpeas, and beans face challenges from pests, diseases, and unstable yields due to weather patterns. Transgenic pulse varieties offer resistance to pests like aphids and diseases such as fusarium wilt and rust, helping improve yields and reduce crop losses. These genetically modified traits and hybrid vigor support Bangladesh's food security goals and meet rising demand.
The vegetable sector in Bangladesh continues to grow due to domestic demand and export potential. Vegetables like tomatoes, potatoes, cauliflower, and eggplant face challenges from pest infestations, diseases, and climatic stresses. Bt brinjal (eggplant), genetically modified to resist the fruit and shoot borer (FSB) pest, demonstrates successful implementation in Bangladesh. The adoption of GM vegetable varieties reduces pesticide use, lowering costs and protecting the environment. Additionally, transgenic varieties of tomatoes and potatoes can have extended shelf life, reducing post-harvest losses and improving produce marketability.
Understand The Key Trends Shaping This Market
Download PDF
Grains and Cereals Dominate the Market
Cereals and grains dominate the seed market in Bangladesh, with rice, maize, and wheat serving as the primary staple crops. These crops are essential for Bangladesh's food security and agricultural economy. The demand for high-quality seeds, including hybrid and genetically modified (GM) varieties, continues to increase as farmers address challenges related to food demand, climate change, and evolving agricultural practices.
Rice remains the fundamental cereal and food crop in Bangladesh, ensuring food security and serving as the primary dietary component for over 160 million people. Bangladesh ranks among the world's largest rice producers. According to FAOSTAT, the country's rice production increased from 57.19 million metric tons in 2022 to 58.61 million metric tons in 2023. The demand for quality rice seeds, particularly hybrid varieties, has increased due to their higher yield potential, disease resistance, and environmental adaptability. Hybrid rice adoption has grown significantly in Bangladesh, offering 20-30% higher yields compared to traditional varieties, particularly in areas with limited irrigation or poor soil fertility.
Besides, the Bangladesh government supports certified seed usage through subsidy programs and promotes the adoption of hybrid and genetically improved seed varieties for cereals. The National Seed Policy and Bangladesh Rice Development Program offer technical support, extension services, and financial assistance to farmers implementing modern seed varieties. For instance, in 2022, the Sitakunda Upazila Agriculture Department of Chittagong District arranged a free rice seed and fertilizer distribution program for the area's small and marginal farmers in the area and distributed free rice seeds to nearly 300 farmers to increase rice production.
Get Analysis on Important Geographic Markets
Download PDF
Bangladesh Seed Industry Overview
The Bangladesh seed market is fragmented because local players market certified commercial seeds. However, there are two major segments, namely, public and private, among seed manufacturers and suppliers. The major players in Bangladesh's seed market are BRAC Seed and Agro Enterprise, Lal Teer Seed, Advanta Seeds Pty Ltd, Bayer, and Bioseed. The key players invest heavily in R&D to launch innovative products per the farmers' requirements.
Bangladesh Seed Market Leaders
-
Bioseed
-
Advanta
-
BRAC Seed and Agro Enterprise
-
Lal Teer Seed Ltd.
-
Bayer
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF
Bangladesh Seed Market News
- August 2022: IRRI increases the Bangladesh capacity of certified seed by conducting training for people from private seed companies at Bangladesh Rice Research Institute (BRRI) along with the Seed Certification Agency (SCA) on the rice seed certification processes.
- July 2022: Under the 'Kharif-2 season incentive program' organized by the Department of Agricultural Extension, high-yielding Arize hybrid rice seeds are tolerant to brown grasshoppers and resistant to leaf blight been distributed free of cost to the farmers in Faridpur.
- June 2022: Bayer Crop Science, a leading agriculture company in Bangladesh, launched the hybrid rice seed 'INH 16019', which provides tolerance to Brown Plant Hopper (BPH) and Bacterial Leaf Blight (BLB).
Bangladesh Seed Industry Segmentation
A seed is a fertilized ovule containing the plant embryo that develops into a plant. Bangladesh Seed Market is Segmented by Product (Transgenic Hybrids, Non-transgenic Hybrids, and Open-pollinated Varieties) and Crop (Grains and Cereals, Pulses and Oilseeds, Cotton and Vegetables, and Other Crops). The report offers the market size and forecasts in terms of value (USD) for all the above segments.
| Product | Transgenic Hybrids | ||
| Non-transgenic Hybrids | |||
| Open-pollinated Varieties | |||
| Crop Type | Grains and Cereals | Maize | |
| Rice | |||
| Wheat | |||
| Other Grains and Cereals | |||
| Pulses and Oilseeds | Soybean | ||
| Sunflower | |||
| Canola | |||
| Pulses | |||
| Other Oilseeds | |||
| Cotton and Vegetables | Solanaceae | ||
| Cucurbit | |||
| Roots and Bulbs | |||
| Brassica | |||
| Other Vegetables | |||
| Other Crops | |||
Need A Different Region or Segment?
Customize Now
Bangladesh Seed Market Research FAQs
How big is the Bangladesh Seed Market?
The Bangladesh Seed Market size is expected to reach USD 356.13 million in 2025 and grow at a CAGR of 5.06% to reach USD 455.83 million by 2030.
What is the current Bangladesh Seed Market size?
In 2025, the Bangladesh Seed Market size is expected to reach USD 356.13 million.
Who are the key players in Bangladesh Seed Market?
Bioseed, Advanta, BRAC Seed and Agro Enterprise, Lal Teer Seed Ltd. and Bayer are the major companies operating in the Bangladesh Seed Market.
What years does this Bangladesh Seed Market cover, and what was the market size in 2024?
In 2024, the Bangladesh Seed Market size was estimated at USD 338.11 million. The report covers the Bangladesh Seed Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bangladesh Seed Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Bangladesh Seed Industry Report
Statistics for the 2025 Bangladesh Seed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bangladesh Seed analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
