Title: Rice Seeds Market -Forecast to 2023
1MarketsandMarkets Presents
Rice Seeds Market - Forecast to 2023
https//www.marketsandmarkets.com/Market-Reports/r
ice-seed-market-129962473.html
2The report "Rice Seeds Market by Type (Hybrid and
Open-Pollinated Varieties), Grain Size (Long,
Medium, and Short), Hybridization Technique
(Two-Line and Three-Line), Treatment (Treated and
Untreated Seeds), and Region - Global Forecast to
2023", The rice seeds market is projected to
reach USD 7.62 billion by 2023, from USD 5.47
billion in 2018, at a CAGR of 6.85 during the
forecast period. The market is driven by factors
such as the increasing technological advances in
rice breeding, declining prices of hybrid rice
seeds, growing adoption of hybrid rice seeds in
the developed and developing countries, and
rising seed replacement rate for paddy across
Asian countries. Browse 100 market data Tables
and 51 Figures spread through 179 Pages and
in-depth TOC on "Rice Seeds Market - Global
Forecast to 2023" The benefits associated with
the adoption of commercial rice seeds is a major
factor contributing to the growth of this market
globally. The economic growth of the in
developing countries and the increased RD
expenses in the agriculture industry drives the
growth of this market. The major seed
manufacturing companies have been expanding their
product portfolio in the Asian countries. Strong
support from the government in terms of subsidies
for hybrid seeds has encouraged farmers to adopt
this technology in developing countries as well.
The decline in prices of hybrid seeds, to bridge
the difference between hybrids and OPV seeds, has
also encouraged key players to invest in the
market. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp?
id129962473
3- The objectives of the report are as follows
- Determining and projecting the size of the rice
seeds market, with respect to type, hybridization
technique, treatment, grain size, and regional
markets, over a five-year period ranging from
2018 to 2023. - Identifying attractive opportunities in the
market by determining the largest and
fastest-growing segments across regions. - Analyzing the demand-side factors based on the
impact of macro and microeconomic factors on the
market and shifts in demand patterns across
different subsegments and regions. - Asia Pacific accounted for the largest share in
the rice seeds market in 2017, followed by North
America due to the high adoption of commercial
open-pollinated varieties and hybrid rice seeds
over farm-saved seeds to increase rice yield in
countries such as China, India, Thailand, and the
US. Development of improved hybrid seeds and the
subsidy benefits provided by the government to
encourage adoption of hybrid seeds over
farm-saved or OPV seeds have contributed to the
growth for this market. The major factors
restraining the adoption of hybrid seeds are
their high cost as compared to OPV seeds and the
lack of awareness about the advantages of hybrids
on crop yield and profit margins. Also, lack of
skilled professionals and infrastructural
facilities in the developing countries for
hybridization techniques is projected to hinder
the growth potential of this market. - Make an Inquiry https//www.marketsandmarkets.com
/Enquiry_Before_Buying.asp?id43206052
4- Target Audience
- The stakeholders for the report are as follows
- Biotechnological companies
- Genetic solution providers
- Plant livestock breeders
- Public and private research institutions,
agencies, and laboratories - Commercial seed manufacturers (including both GM
and non-GM seed manufacturers) - Concerned government authorities and seed and
plant breeding associations - Scope of the Report
- Based on Type, the market has been segmented as
follows - Open-pollinated varieties
- Commercial hybrids
- Based on Treatment, the market has been segmented
as follows - Treated
- Untreated
5Contact Us
ContactMr. Shelly SinghMarketsandMarkets
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