The Rice Seeds Industry, which encompasses seeds cultivated for Oryza sativa and Oryza glaberrima, is valued at approximately USD 8.12 billion in 2024. It is projected to grow to around USD 13.46 billion by 2032, registering a CAGR of 6.5% from 2025 to 2032. The market comprises both open-pollinated varieties (OPV) and hybrid seeds, segmented further by grain size (short, medium, long) and distribution channels (online and offline). This market plays a crucial role in ensuring global food security and driving agricultural productivity enhancements.
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Market Trends:
Currently, there is a rise in the technological advancements in the fields of genetic biology, molecular biology, and biotechnology are increasing the development of hybridized rise seeds. These hybridized rice seeds will boost the growth of rice seeds by increasing the production within the limited land and water resources available and without affecting the fertility of the soil. The Asia region has the maximum cultivation of rice seeds the rice is the staple food which is consumed by 90% of the people.
Hence the major rice seed manufacturing companies are trying to expand their business in this region. The Government is also supporting strongly the farmers by providing loans, agricultural credits, contract services, pesticides, fertilizers, and machinery are improving the market. The adoption of hybridized rice seeds in the future will further improve the quality of grain with an increase in the tolerance ability, and these crops have the ability to resist biological and environmental stresses.
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The rice seeds market is segmented based on:
by Product
Hybrid
Open-pollinated Varieties
by Grain Size
Short Grain
Medium Grain
Long Grain
by Distribution Channel
Online
Offline
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Key Players
1. DuPont
2. Syngenta
3. Bayer
4. BASF
5. Corteva Agriscience
6. Limagrain
7. Nuziveedu Seeds
8. Rasi SeedsLtd.
9. Kaveri Seeds
10. Mahyco
11. RiceTec AG
12. SL Agritech Corporation
13. Yuan Longping High-Tech Agriculture Co. Ltd
14. Hefei Fengle Seed Co., Ltd.
15. Advanta Seeds
16. JK Agri Genetics
17. National Seeds Corporation
18. Rallis
19. DCM Shriram Ltd
20. VNR Seeds
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