Who are the key players in South And Southeast Asia Seed Market?

Bayer Crop Science AG, Corteva Agriscience, Syngenta, BASF SE and Nuziveedu Seeds Ltd are the major companies operating in the South And Southeast Asia Seed Market. Read More

What years does this South And Southeast Asia Seed Market cover, and what was the market size in 2023?

In 2023, the South And Southeast Asia Seed Market size was estimated at USD 7.68 billion. The report covers the South And Southeast Asia Seed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South And Southeast Asia Seed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

South And Southeast Asia Seed Market Size

Market Size of South And Southeast Asia Seed Industry

Study Period	2019 - 2029
Base Year For Estimation	2023
Market Size (2024)	USD 8.09 Billion
Market Size (2029)	USD 10.35 Billion
CAGR (2024 - 2029)	5.03 %
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

South & South East Asia Seed Market Analysis

The South And Southeast Asia Seed Market size is estimated at USD 8.09 billion in 2024, and is expected to reach USD 10.35 billion by 2029, growing at a CAGR of 5.03% during the forecast period (2024-2029).

The production, certification, distribution, and cost of seeds, play a key role in developing the agricultural sector in South and Southeast Asian countries. International trade suffered due to slow or lack of transportation, labor shortages, and a contraction in the market for plants and seeds. Several factors, such as improvements in the agricultural sector, seed production, trade, and international agreements, along with the developments in seed technology, increased the momentum of the industry's growth. Six countries, namely India, Thailand, Indonesia, Vietnam, the Philippines, and Bangladesh, are considered seed hubs in Southeast Asia based on the concentration of production, breeding, and processing activities by index companies in these countries. The non-GM/hybrid seeds segment has dominated the market due to the increased demand for food over recent years. To meet this growing demand, crop yield enhancement has become a necessity. The major players in the market are Bayer Crop Science SE, Syngenta International AG, Corteva AgriScience, BASF SE, and Nuziveedu Seeds Ltd, among others.

South & South East Asia Seed Industry Segmentation

A seed is the ripened fertilized ovule of a flowering plant containing an embryo and is generally capable of germination to produce a new plant. For this report, seeds have been defined as seeds for sowing at the farmer level. In this report, market sizing has been done at the farmer's level. The report provides an in-depth analysis of various parameters of the seeds market. The South and Southeast Asian seeds market is segmented by crop type (grains and cereals, pulses and oilseeds, cotton, vegetables, and other seeds), product type (non-GM/hybrid seeds, GM seeds, varietal seeds, and plant growth regulators), and geography (Bangladesh, Pakistan, India, Nepal, Vietnam, Indonesia, Thailand, Myanmar, Malaysia, Philippines, and Rest of South and Southeast Asia). The report offers market size and forecasts for the seed industry in volume (Metric Ton) and in value (USD).

Crop Type
		Grains and Cereals
		Pulses and Oilseeds
		Cotton
		Vegetables
		Other Seeds

Product Type
		Non-GM/Hybrid Seeds
		GM Seeds
		Varietal Seeds
		Plant Growth Regulators

Geography
		Bangladesh
		Pakistan
		India
		Nepal
		Vietnam
		Indonesia
		Thailand
		Myanmar
		Philippines
		Rest of South and Southeast Asia

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South And Southeast Asia Seed Market Size Summary

The South and Southeast Asia seed market is poised for significant growth, driven by the increasing demand for food and the necessity for enhanced crop yields. This market is characterized by a diverse range of players, including major companies like Bayer Crop Science SE, Syngenta International AG, Corteva AgriScience, BASF SE, and Nuziveedu Seeds Ltd. The region's seed industry is bolstered by advancements in seed technology, international trade agreements, and improvements in agricultural practices. Key countries such as India, Thailand, Indonesia, Vietnam, the Philippines, and Bangladesh serve as seed hubs, with a concentration of production, breeding, and processing activities. The non-GM/hybrid seeds segment dominates the market, reflecting the rising demand for food and the need for crop yield enhancement. Government policies and regulations, particularly in countries like Pakistan, play a crucial role in promoting the use of hybrid seeds, further driving market growth.

The market landscape is fragmented, with numerous local players offering certified seeds, although certain segments like maize and vegetables are more consolidated. The increasing adoption of hybrid seeds is supported by initiatives such as the Agricultural Innovation Program in Pakistan, which aims to boost domestic hybrid seed production. Collaborative projects, like those by BASF, Syngenta, and Arisa, address social issues in the seed sector, while technological advancements, such as Rallis India's Drishti project, enhance seed production monitoring. These developments, alongside the rising global demand for organic products, are expected to sustain the growth trajectory of the South and Southeast Asia seed market, particularly for hybrid-non-GMO seeds.

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South And Southeast Asia Seed Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Overview
2. 1.2 Market Drivers
3. 1.3 Market Restraints
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Buyers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products
  5. 1.4.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 Crop Type
  1. 2.1.1 Grains and Cereals
  2. 2.1.2 Pulses and Oilseeds
  3. 2.1.3 Cotton
  4. 2.1.4 Vegetables
  5. 2.1.5 Other Seeds
2. 2.2 Product Type
  1. 2.2.1 Non-GM/Hybrid Seeds
  2. 2.2.2 GM Seeds
  3. 2.2.3 Varietal Seeds
  4. 2.2.4 Plant Growth Regulators
3. 2.3 Geography
  1. 2.3.1 Bangladesh
  2. 2.3.2 Pakistan
  3. 2.3.3 India
  4. 2.3.4 Nepal
  5. 2.3.5 Vietnam
  6. 2.3.6 Indonesia
  7. 2.3.7 Thailand
  8. 2.3.8 Myanmar
  9. 2.3.9 Philippines
  10. 2.3.10 Rest of South and Southeast Asia

South And Southeast Asia Seed Market Size FAQs

How big is the South And Southeast Asia Seed Market?

The South And Southeast Asia Seed Market size is expected to reach USD 8.09 billion in 2024 and grow at a CAGR of 5.03% to reach USD 10.35 billion by 2029.