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Thailand Vegetable Seed Market Size

The Thailand Vegetable Seed Market is experiencing growth, with a notable increase in the market size over the forecast period. The market is characterized by a significant preference for hybrid seeds, which dominate due to their advantages such as drought tolerance, adaptability, and higher yields compared to open-pollinated varieties. The expansion of protected cultivation areas is further driving the demand for hybrid seeds, despite the high initial investment required. Open-pollinated varieties remain relevant due to their lower input costs, appealing to budget-conscious farmers. Overall, the market is poised for growth as awareness and adoption of hybrid and improved seed varieties continue to rise.

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Market Size of thailand vegetable seed Industry

Thailand Vegetable Seed Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 48.66 Million
svg icon Market Size (2030) USD 63.09 Million
svg icon Largest Share by Breeding Technology Hybrids
svg icon CAGR (2024 - 2030) 4.42 %
svg icon Fastest Growing by Breeding Technology Hybrids
svg icon Market Concentration High

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

Key Players

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Thailand Vegetable Seed Market Analysis

The Thailand Vegetable Seed Market size is estimated at 48.66 million USD in 2024, and is expected to reach 63.09 million USD by 2030, growing at a CAGR of 4.42% during the forecast period (2024-2030).

48.66 Million

Market Size in 2024 (USD)

63.09 Million

Market Size in 2030 (USD)

3.01 %

CAGR (2017-2023)

4.42 %

CAGR (2024-2030)

Largest Market by Crop Family

24.03 %

value share, Roots & Bulbs, 2023

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It is the largest segment due to the increasing cultivated area under commercial seeds. It has a high export demand and is largely used for domestic purposes.

Largest Market by Breeding Technology

83.59 %

value share, Hybrids, 2023

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The high share of hybrids is associated with the increasing area under hybrids, the comparatively higher seed replacement, high yield, and disease resistance.

Fastest-growing Market by Crop Family

6.70 %

Projected CAGR, Roots & Bulbs, 2024-2030

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In Thailand, potato and onion are two of the major vegetable crops. Their rapid growth is due to the adoption of hybrid varieties and adaptability to wider growing environments.

Fastest-growing Market by Breeding Technology

4.42 %

Projected CAGR, Hybrids, 2024-2030

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Due to inherent characteristics such as high vigor, resistance to biotic and abiotic stresses, high yield, and uniform maturity, the hybrid segment is growing at the fastest rate.

Leading Market Player

24.18 %

market share, Syngenta Group, 2022

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

Hybrids are in high demand owing to their usage in the protected cultivation of vegetables

  • In 2022, the share of hybrids was more than the open-pollinated varieties in Thailand’s vegetable seed market. The demand for hybrid seeds is high due to benefits such as drought tolerance, adaptability to different soils, and higher yield than open-pollinated seed varieties.​
  • The share of hybrid seeds in protected cultivation is 100% because open-pollinated varieties (OPVs) face constraints like lower yields, delayed maturity, and inferior quality. An increase in the area under protected cultivation is driving the demand for hybrids in Thailand.
  • In 2022, hybrids accounted for 83.5% of the vegetable seed market in Thailand. The increase in awareness about the advantages of hybrids, such as early bearing, disease resistance, and high yielding, is responsible for the increased use of hybrids in the country for vegetable production.
  • In 2022, hybrids under protected cultivation accounted for 0.1% of the hybrid vegetable seed market in the country. The low share is due to the requirement of high initial investments for protected cultivation. During the forecast period, the hybrid seeds market under protected cultivation is projected to witness a CAGR of 7.1% due to the year-round demand for vegetables and government support for protected cultivation.​
  • Open-pollinated varieties require fewer inputs, such as fertilizer and pesticides, and are more affordable for low-income farmers. Therefore, the open-pollinated varieties segment concerning vegetables is projected to witness a CAGR of 4.3% during the forecast period.
  • Due to the development of hybrids and improved open-pollinated varieties, agricultural production increased in the country. Thus, the demand for commercial seeds is estimated to increase during the forecast period.​
Thailand Vegetable Seed Market

Thailand Vegetable 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. Brassicas, Cucurbits, Roots & Bulbs, Solanaceae, Unclassified Vegetables are covered as segments by Crop Family.

  • In 2022, the share of hybrids was more than the open-pollinated varieties in Thailand’s vegetable seed market. The demand for hybrid seeds is high due to benefits such as drought tolerance, adaptability to different soils, and higher yield than open-pollinated seed varieties.​
  • The share of hybrid seeds in protected cultivation is 100% because open-pollinated varieties (OPVs) face constraints like lower yields, delayed maturity, and inferior quality. An increase in the area under protected cultivation is driving the demand for hybrids in Thailand.
  • In 2022, hybrids accounted for 83.5% of the vegetable seed market in Thailand. The increase in awareness about the advantages of hybrids, such as early bearing, disease resistance, and high yielding, is responsible for the increased use of hybrids in the country for vegetable production.
  • In 2022, hybrids under protected cultivation accounted for 0.1% of the hybrid vegetable seed market in the country. The low share is due to the requirement of high initial investments for protected cultivation. During the forecast period, the hybrid seeds market under protected cultivation is projected to witness a CAGR of 7.1% due to the year-round demand for vegetables and government support for protected cultivation.​
  • Open-pollinated varieties require fewer inputs, such as fertilizer and pesticides, and are more affordable for low-income farmers. Therefore, the open-pollinated varieties segment concerning vegetables is projected to witness a CAGR of 4.3% during the forecast period.
  • Due to the development of hybrids and improved open-pollinated varieties, agricultural production increased in the country. Thus, the demand for commercial seeds is estimated to increase during the forecast period.​
Breeding Technology
Hybrids
Open Pollinated Varieties & Hybrid Derivatives
Cultivation Mechanism
Open Field
Protected Cultivation
Crop Family
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
Peas
Other Unclassified Vegetables
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Thailand Vegetable Seed Market Size Summary

The Thailand vegetable seed market is experiencing a notable transformation, driven by the increasing demand for hybrid seeds over open-pollinated varieties. This shift is largely attributed to the advantages offered by hybrids, such as drought tolerance, adaptability to diverse soil conditions, and higher yields. The market is witnessing a significant preference for hybrids, especially in protected cultivation, where they dominate due to their superior traits like early bearing and disease resistance. The expansion of protected cultivation areas is further propelling the demand for hybrid seeds, supported by government initiatives. Meanwhile, open-pollinated varieties remain essential for low-income farmers due to their lower input requirements and cost-effectiveness. The market is characterized by a growing awareness of the benefits of hybrid seeds, contributing to their increased adoption in vegetable production across the country.

The vegetable seed market in Thailand is also shaped by the rising consumer awareness of healthy diets, leading to an increased demand for vegetables. This demand is reflected in the substantial cultivation of cucurbits, brassicas, and roots and bulbs, with crops like chili, cucumber, gherkin, and garlic occupying significant areas. The availability of high-yielding and disease-resistant seed varieties is facilitating year-round production, enhancing agricultural output. The market is fairly consolidated, with major players like Enza Zaden, Groupe Limagrain, Known You Seed Co. LTD, Rijk Zwaan Zaadteelt en Zaadhandel BV, and Syngenta Group dominating the landscape. These companies are actively innovating and expanding their product portfolios to meet the evolving demands of the market, such as introducing new seed varieties with enhanced traits to address challenges like disease prevalence and changing weather conditions.

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Thailand Vegetable 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

      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 Family

      1. 1.3.1 Brassicas

        1. 1.3.1.1 Cabbage

        2. 1.3.1.2 Carrot

        3. 1.3.1.3 Cauliflower & Broccoli

        4. 1.3.1.4 Other Brassicas

      2. 1.3.2 Cucurbits

        1. 1.3.2.1 Cucumber & Gherkin

        2. 1.3.2.2 Pumpkin & Squash

        3. 1.3.2.3 Other Cucurbits

      3. 1.3.3 Roots & Bulbs

        1. 1.3.3.1 Garlic

        2. 1.3.3.2 Onion

        3. 1.3.3.3 Potato

        4. 1.3.3.4 Other Roots & Bulbs

      4. 1.3.4 Solanaceae

        1. 1.3.4.1 Chilli

        2. 1.3.4.2 Eggplant

        3. 1.3.4.3 Tomato

        4. 1.3.4.4 Other Solanaceae

      5. 1.3.5 Unclassified Vegetables

        1. 1.3.5.1 Asparagus

        2. 1.3.5.2 Lettuce

        3. 1.3.5.3 Peas

        4. 1.3.5.4 Other Unclassified Vegetables

Thailand Vegetable Seed Market Size FAQs

The Thailand Vegetable Seed Market size is expected to reach USD 48.66 million in 2024 and grow at a CAGR of 4.42% to reach USD 63.09 million by 2030.

In 2024, the Thailand Vegetable Seed Market size is expected to reach USD 48.66 million.

Thailand Vegetable Seed Market Report Snapshots

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