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Philippines Seed Market Size

The Philippines Seed Market is projected to experience growth over the forecast period, driven by the increasing adoption of hybrid seeds and improved open-pollinated varieties. The market's expansion is supported by the high productivity and adaptability of hybrid seeds, including transgenic hybrids, which offer advantages such as insect resistance and herbicide tolerance. Open-pollinated varieties remain popular among small farmers due to their lower input requirements and costs. The dominance of row crops in the market share is attributed to the extensive area under cultivation and the significant seed requirements. Overall, the rising use of hybrid and transgenic seeds is expected to enhance the agricultural landscape and contribute to the market's growth.

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Market Size of philippines seed Industry

Philippines Seed Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 0.82 Billion
svg icon Market Size (2030) USD 1.05 Billion
svg icon Largest Share by Breeding Technology Open Pollinated Varieties & Hybrid Derivatives
svg icon CAGR (2024 - 2030) 4.09 %
svg icon Fastest Growing by Breeding Technology Hybrids
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Philippines Seed Market Analysis

The Philippines Seed Market size is estimated at 0.82 billion USD in 2024, and is expected to reach 1.05 billion USD by 2030, growing at a CAGR of 4.09% during the forecast period (2024-2030).

0.82 Billion

Market Size in 2024 (USD)

1.05 Billion

Market Size in 2030 (USD)

2.62 %

CAGR (2017-2023)

4.09 %

CAGR (2024-2030)

Largest Market by Crop Family

91.15 %

value share, Grains & Cereals, 2023

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In the Philippines, rice is the major staple food crop, occupying a major share of the agricultural area. The increasing area under corn cultivation drives the market.

Largest Market by Breeding Technology

67.55 %

value share, Open Pollinated Varieties & Hybrid Derivatives, 2023

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This is due to the higher adoption of open-pollinated varieties and hybrid derivatives in rice and other cereals, which are the major crops cultivated in the country.

Fastest-growing Market by Crop Family

5.43 %

Projected CAGR, Cucurbits, 2024-2030

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The cultivation area and the consumption of cucurbit are increasing due to increasing health awareness and the health benefits associated with them, such as lowering of cholesterol and anti-oxidant effects.

Fastest-growing Market by Breeding Technology

4.98 %

Projected CAGR, Hybrids, 2024-2030

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The rapid growth of hybrids is associated with characteristics such as high yield, biotic and abiotic stress resistance, high vigor, and early bearing in vegetables.

Leading Market Player

7.21 %

market share, Bayer AG, 2022

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The company has made extensive product innovations and effective partnerships. It introduced new GMO corn varieties suitable for both wet and dry seasons in the country.

Open-pollinated seeds drive the Philippine seed market due to their lower cost and input requirements, particularly for the majorly produced rice crop

  • In 2022, open-pollinated varieties and hybrid derivatives had a higher share of the Philippine seed market. They accounted for 67.9% of the market value. The high share was mainly due to the larger area under rice cultivation (4.8 million hectares), where open-pollinated varieties are most common. Additionally, small farmers highly prefer open-pollinated seed varieties as they require fewer inputs, such as fertilizer and pesticides, and are less expensive than hybrid seeds.
  • In 2022, transgenic hybrids accounted for 27.6% of the hybrid seed market due to their higher productivity, wider adaptability, high degree of insect resistance, and herbicide-tolerant characteristics.​
  • In the Philippines, out of the total market value of open-pollinated varieties and hybrid derivatives, row crops accounted for 97.7% of the market share in 2022. The high share was due to the increased area under cultivation and the large quantity of seed requirement per unit area for sowing.​
  • The hybrid seed segment is estimated to be the fastest-growing seed segment during the forecast period, registering a CAGR of 4.9%. The growth rate is associated with the high productivity of hybrids and the adoption of transgenic hybrids.​
  • In the Philippines, adopting hybrids and improved open-pollinated varieties resulted in many advantages, such as self-sufficiency in production, improvement in the quality of agricultural products, stability in production, and high export potential. This, in turn, increased the agricultural landscape of the country.
  • Therefore, the rising adoption of hybrid seeds and the approval of transgenic seeds in the country are anticipated to help drive the seed market's growth during the forecast period. ​
Philippines Seed Market

Philippines Seed Industry Segmentation

Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology. Open Field, Protected Cultivation are covered as segments by Cultivation Mechanism. Row Crops, Vegetables are covered as segments by Crop Type.

  • In 2022, open-pollinated varieties and hybrid derivatives had a higher share of the Philippine seed market. They accounted for 67.9% of the market value. The high share was mainly due to the larger area under rice cultivation (4.8 million hectares), where open-pollinated varieties are most common. Additionally, small farmers highly prefer open-pollinated seed varieties as they require fewer inputs, such as fertilizer and pesticides, and are less expensive than hybrid seeds.
  • In 2022, transgenic hybrids accounted for 27.6% of the hybrid seed market due to their higher productivity, wider adaptability, high degree of insect resistance, and herbicide-tolerant characteristics.​
  • In the Philippines, out of the total market value of open-pollinated varieties and hybrid derivatives, row crops accounted for 97.7% of the market share in 2022. The high share was due to the increased area under cultivation and the large quantity of seed requirement per unit area for sowing.​
  • The hybrid seed segment is estimated to be the fastest-growing seed segment during the forecast period, registering a CAGR of 4.9%. The growth rate is associated with the high productivity of hybrids and the adoption of transgenic hybrids.​
  • In the Philippines, adopting hybrids and improved open-pollinated varieties resulted in many advantages, such as self-sufficiency in production, improvement in the quality of agricultural products, stability in production, and high export potential. This, in turn, increased the agricultural landscape of the country.
  • Therefore, the rising adoption of hybrid seeds and the approval of transgenic seeds in the country are anticipated to help drive the seed market's growth during the forecast period. ​
Breeding Technology
Hybrids
Non-Transgenic Hybrids
Transgenic Hybrids
Herbicide Tolerant Hybrids
Insect Resistant Hybrids
Other Traits
Open Pollinated Varieties & Hybrid Derivatives
Cultivation Mechanism
Open Field
Protected Cultivation
Crop Type
Row Crops
Fiber Crops
Cotton
Other Fiber Crops
Forage Crops
Alfalfa
Forage Corn
Forage Sorghum
Other Forage Crops
Grains & Cereals
Corn
Rice
Sorghum
Oilseeds
Soybean
Other Oilseeds
Pulses
Vegetables
Brassicas
Cabbage
Carrot
Cauliflower & Broccoli
Other Brassicas
Cucurbits
Cucumber & Gherkin
Pumpkin & Squash
Other Cucurbits
Roots & Bulbs
Garlic
Onion
Potato
Other Roots & Bulbs
Solanaceae
Chilli
Eggplant
Tomato
Other Solanaceae
Unclassified Vegetables
Asparagus
Lettuce
Okra
Peas
Spinach
Other Unclassified Vegetables
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Philippines Seed Market Size Summary

The Philippines seed market is experiencing a steady expansion, driven by the increasing adoption of hybrid and improved open-pollinated seed varieties. These seeds are gaining popularity due to their benefits, such as enhanced productivity, self-sufficiency in production, and improved quality of agricultural products. The market is characterized by a significant share of open-pollinated varieties and hybrid derivatives, particularly in rice cultivation, which is the dominant crop in the country. The hybrid seed segment is anticipated to be the fastest-growing, fueled by the adoption of transgenic hybrids that offer higher productivity and adaptability. The cultivation of row crops, especially grains and cereals, dominates the agricultural landscape, with rice and corn being the primary crops due to their staple status and demand in both domestic and international markets.

The seed market in the Philippines is fragmented, with major players like Allied Botanical Corporation, Bayer AG, Charoen Pokphand Group, Corteva Agriscience, and Syngenta Group holding a significant portion of the market share. These companies are actively involved in developing and offering seed varieties that cater to the specific needs of the local agriculture sector, such as disease resistance and adaptability to varying soil and weather conditions. The demand for quality traits in vegetable seeds, particularly for carrots and peas, is also contributing to market growth. Recent collaborations and acquisitions by key players, such as Syngenta's partnership with Ginkgo Bioworks and the acquisition of Feltrin Seeds, are expected to enhance their product portfolios and strengthen their presence in the global vegetable seed market.

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Philippines Seed Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Breeding Technology

      1. 1.1.1 Hybrids

        1. 1.1.1.1 Non-Transgenic Hybrids

        2. 1.1.1.2 Transgenic Hybrids

          1. 1.1.1.2.1 Herbicide Tolerant Hybrids

          2. 1.1.1.2.2 Insect Resistant Hybrids

          3. 1.1.1.2.3 Other Traits

      2. 1.1.2 Open Pollinated Varieties & Hybrid Derivatives

    2. 1.2 Cultivation Mechanism

      1. 1.2.1 Open Field

      2. 1.2.2 Protected Cultivation

    3. 1.3 Crop Type

      1. 1.3.1 Row Crops

        1. 1.3.1.1 Fiber Crops

          1. 1.3.1.1.1 Cotton

          2. 1.3.1.1.2 Other Fiber Crops

        2. 1.3.1.2 Forage Crops

          1. 1.3.1.2.1 Alfalfa

          2. 1.3.1.2.2 Forage Corn

          3. 1.3.1.2.3 Forage Sorghum

          4. 1.3.1.2.4 Other Forage Crops

        3. 1.3.1.3 Grains & Cereals

          1. 1.3.1.3.1 Corn

          2. 1.3.1.3.2 Rice

          3. 1.3.1.3.3 Sorghum

        4. 1.3.1.4 Oilseeds

          1. 1.3.1.4.1 Soybean

          2. 1.3.1.4.2 Other Oilseeds

        5. 1.3.1.5 Pulses

      2. 1.3.2 Vegetables

        1. 1.3.2.1 Brassicas

          1. 1.3.2.1.1 Cabbage

          2. 1.3.2.1.2 Carrot

          3. 1.3.2.1.3 Cauliflower & Broccoli

          4. 1.3.2.1.4 Other Brassicas

        2. 1.3.2.2 Cucurbits

          1. 1.3.2.2.1 Cucumber & Gherkin

          2. 1.3.2.2.2 Pumpkin & Squash

          3. 1.3.2.2.3 Other Cucurbits

        3. 1.3.2.3 Roots & Bulbs

          1. 1.3.2.3.1 Garlic

          2. 1.3.2.3.2 Onion

          3. 1.3.2.3.3 Potato

          4. 1.3.2.3.4 Other Roots & Bulbs

        4. 1.3.2.4 Solanaceae

          1. 1.3.2.4.1 Chilli

          2. 1.3.2.4.2 Eggplant

          3. 1.3.2.4.3 Tomato

          4. 1.3.2.4.4 Other Solanaceae

        5. 1.3.2.5 Unclassified Vegetables

          1. 1.3.2.5.1 Asparagus

          2. 1.3.2.5.2 Lettuce

          3. 1.3.2.5.3 Okra

          4. 1.3.2.5.4 Peas

          5. 1.3.2.5.5 Spinach

          6. 1.3.2.5.6 Other Unclassified Vegetables

Philippines Seed Market Size FAQs

The Philippines Seed Market size is expected to reach USD 822.45 million in 2024 and grow at a CAGR of 4.09% to reach USD 1.05 billion by 2030.

In 2024, the Philippines Seed Market size is expected to reach USD 822.45 million.

Seeds Market in Philippines Report Snapshots

Philippines Seed Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030