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Southeast Asia Seed Market Size

The Southeast Asia seed market is projected to experience growth over the forecast period, driven by the increasing adoption of commercial seeds, including hybrids and open-pollinated varieties. Open-pollinated varieties, particularly in row crops like rice, dominate due to their affordability and lower input requirements, making them accessible for low-income farmers. The demand for non-transgenic hybrids and open-pollinated seeds is expected to rise, influenced by health trends and lifestyle changes. Indonesia, the Philippines, Thailand, Vietnam, and Myanmar are key players in the region, with varying shares in the market. Factors such as population growth, production demands, and the need for disease-resistant crops are anticipated to further propel the market size in Southeast Asia.

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Market Size of southeast asia seed Industry

Southeast Asia Seed Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 3.26 Billion
svg icon Market Size (2030) USD 4.19 Billion
svg icon Largest Share by Breeding Technology Open Pollinated Varieties & Hybrid Derivatives
svg icon CAGR (2024 - 2030) 4.29 %
svg icon Largest Share by Country Indonesia
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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Southeast Asia Seed Market Analysis

The Southeast Asia Seed Market size is estimated at 3.26 billion USD in 2024, and is expected to reach 4.19 billion USD by 2030, growing at a CAGR of 4.29% during the forecast period (2024-2030).

3.26 Billion

Market Size in 2024 (USD)

4.19 Billion

Market Size in 2030 (USD)

4.28 %

CAGR (2017-2023)

4.29 %

CAGR (2024-2030)

Largest Market by Crop Family

74.30 %

value share, Grains & Cereals, 2023

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Rice and corn are the major crops cultivated in the region. The increasing area under rice and corn cultivation, coupled with the higher adoption of hybrids in corn, drives the market.

Largest Market by Country

25.67 %

value share, Indonesia, 2023

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Indonesia has the largest share due to the comparatively higher area under agricultural crops in the region, followed by high usage of hybrids and high seed replacement rate.

Fastest-growing Market by Crop Family

5.58 %

Projected CAGR, Brassicas, 2024-2030

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It is the fastest growing due to the growing demand for carrots, cabbages, and broccoli from the consumers and processing industry and its adaptability to different environments.

Fastest-growing Market by Country

4.69 %

Projected CAGR, Vietnam, 2024-2030

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It is the fastest growing segment due to the increasing corn cultivation owing to high demand and the government's support for domestic production to lower the imports.

Leading Market Player

2.43 %

market share, Bayer AG, 2022

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Bayer AG is a prominent player in the region with its wider portfolio, which includes high-performance crop varieties that are suitable for local climatic conditions.

Open-pollinated varieties dominated the seed market due to higher area under rice cultivation in the region

  • In Southeast Asia, open-pollinated varieties dominated the seed market, which accounted for 56.6% share in 2022. In 2022, out of the total open-pollinated seed market value, row crops accounted for 94.2% of the share, whereas vegetables accounted for 5.8% of the share. ​The high share of row crops is mainly due to the higher area under rice cultivation, where open-pollinated varieties are mainly cultivated in the region.
  • The open-pollinated varieties require fewer inputs, such as fertilizer and pesticides, and are less expensive and more affordable for low-income farmers, reducing the reliance on hybrid seed imports. These factors are projected to drive the market during the forecast period.
  • In 2022, hybrids accounted for a 43.4% share of the region's seed market. Hybrids have higher productivity, wider adaptability, and a high degree of resistance to biotic and abiotic stresses. For instance, in cotton, hybrids give 50% more yield than conventional varieties. The wider adaptability of hybrids is mainly due to their high buffering capacity to environmental fluctuations. ​
  • The demand for organic produce is increasing primarily due to the health benefits, chemical usage avoidance, and the changing patterns of lifestyle and food consumption among people. Therefore, the demand for non-transgenic hybrids and open-pollinated seed varieties is expected to increase during the forecast period.
  • In 2022, transgenic hybrids accounted for 6.9% share of the hybrid seed market. Among transgenic seeds, insect-resistant transgenic hybrids dominated the transgenic seed market as they have a share of 87.8% in 2022.
  • Factors such as high resistance to diseases, biotic stresses, and demand for organic produce will help drive the commercial seed market in the forecast period. ​
Southeast Asia Seed Market

Indonesia dominated the region's seed market due to higher area under cultivation and the rise in the usage of commercial seeds

  • In 2022, Southeast Asia accounted for 14.3% of the Asia-Pacific seed market, which increased by 22.1% between 2017 and 2022. This is due to the higher adoption of commercial seeds, including hybrids, to meet the production demand in the region.
  • In Southeast Asia, Indonesia dominated the seed market, accounting for a 25.9% share in 2022. The area harvested under grains and cereals in Indonesia was 6.1 million hectares in 2022. Corn is an important grain crop cultivated in the country, with an area of 3.3 million ha in 2022. The demand for corn is estimated to increase during the forecast period due to the growing demand from processing industries.
  • The Philippines is one of the major seed markets in the region, which accounted for USD 759.6 million in 2022. The Philippines seed market was dominated by row crops, which accounted for 92.2%, and vegetable crops accounted for about 7.8% in terms of value in 2022. Row crops such as rice and corn are preferred in the country due to the suitable soil and climatic conditions and high marginal profits.
  • In 2022, Thailand accounted for a 21.1% share of the Southeast Asian seed market. Rice is the major crop cultivated in the country. It accounted for 74.1% of the total cultivated area of cereals in the country in 2022. Rice seeds accounted for 66.1% of the country's seed market value in 2022. Rice seeds are the most demanded and widely produced in the country. Other major countries in the region are Vietnam and Myanmar, which accounted for an 18.0% share of the region's seed market in 2022.
  • The increasing production and population, higher adoption of commercial seeds, and the demand from the processing industry are anticipated to boost seed segments in the Southeast countries during the forecast period.​​​

Southeast Asia 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. Indonesia, Myanmar, Philippines, Thailand, Vietnam are covered as segments by Country.

  • In Southeast Asia, open-pollinated varieties dominated the seed market, which accounted for 56.6% share in 2022. In 2022, out of the total open-pollinated seed market value, row crops accounted for 94.2% of the share, whereas vegetables accounted for 5.8% of the share. ​The high share of row crops is mainly due to the higher area under rice cultivation, where open-pollinated varieties are mainly cultivated in the region.
  • The open-pollinated varieties require fewer inputs, such as fertilizer and pesticides, and are less expensive and more affordable for low-income farmers, reducing the reliance on hybrid seed imports. These factors are projected to drive the market during the forecast period.
  • In 2022, hybrids accounted for a 43.4% share of the region's seed market. Hybrids have higher productivity, wider adaptability, and a high degree of resistance to biotic and abiotic stresses. For instance, in cotton, hybrids give 50% more yield than conventional varieties. The wider adaptability of hybrids is mainly due to their high buffering capacity to environmental fluctuations. ​
  • The demand for organic produce is increasing primarily due to the health benefits, chemical usage avoidance, and the changing patterns of lifestyle and food consumption among people. Therefore, the demand for non-transgenic hybrids and open-pollinated seed varieties is expected to increase during the forecast period.
  • In 2022, transgenic hybrids accounted for 6.9% share of the hybrid seed market. Among transgenic seeds, insect-resistant transgenic hybrids dominated the transgenic seed market as they have a share of 87.8% in 2022.
  • Factors such as high resistance to diseases, biotic stresses, and demand for organic produce will help drive the commercial seed market in 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
Sorghum
Other Grains & Cereals
Oilseeds
Canola, Rapeseed & Mustard
Soybean
Sunflower
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
Country
Indonesia
Myanmar
Philippines
Thailand
Vietnam
Rest of SouthEast Asia
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Southeast Asia Seed Market Size Summary

The Southeast Asia seed market is experiencing a steady expansion, driven by the increasing adoption of commercial seeds and the rising demand for food, feed, and industrial raw materials. Open-pollinated varieties currently dominate the market, particularly in row crops like rice, which require fewer inputs and are more affordable for low-income farmers. This trend is supported by the region's significant area under rice cultivation. Hybrids, while accounting for a substantial portion of the market, are favored for their higher productivity and adaptability to environmental changes. The demand for organic produce is also on the rise, influencing the market dynamics towards non-transgenic hybrids and open-pollinated varieties. The market is characterized by a diverse range of crops, with cereals, oilseeds, and pulses being major contributors to the cultivated area, reflecting the region's agricultural priorities.

Indonesia, the Philippines, and Thailand are key players in the Southeast Asia seed market, with Indonesia leading in market share due to its extensive corn cultivation. The Philippines and Thailand also show significant activity in row crops, particularly rice and corn, supported by favorable soil and climatic conditions. The market is fragmented, with major companies like Bayer AG, Charoen Pokphand Group, and Syngenta Group playing pivotal roles. Innovations in seed varieties, such as those offering disease resistance and improved quality traits, are expected to further drive market growth. The introduction of new seed technologies and strategic partnerships, like those seen with Enza Zaden, are enhancing the region's seed market landscape, positioning it for continued growth in the coming years.

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Southeast Asia 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 Sorghum

          2. 1.3.1.3.2 Other Grains & Cereals

        4. 1.3.1.4 Oilseeds

          1. 1.3.1.4.1 Canola, Rapeseed & Mustard

          2. 1.3.1.4.2 Soybean

          3. 1.3.1.4.3 Sunflower

          4. 1.3.1.4.4 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

    4. 1.4 Country

      1. 1.4.1 Indonesia

      2. 1.4.2 Myanmar

      3. 1.4.3 Philippines

      4. 1.4.4 Thailand

      5. 1.4.5 Vietnam

      6. 1.4.6 Rest of SouthEast Asia

Southeast Asia Seed Market Size FAQs

The Southeast Asia Seed Market size is expected to reach USD 3.26 billion in 2024 and grow at a CAGR of 4.29% to reach USD 4.19 billion by 2030.

In 2024, the Southeast Asia Seed Market size is expected to reach USD 3.26 billion.

Southeast Asia Seed Market Report Snapshots

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