Global Rice Seeds Market Size to Exceed USD 10.39 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Rice Seeds Market Size is Expected to Grow from USD 7.29 Billion in 2023 to USD 10.39 Billion by 2033, at a CAGR of 3.61% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Rice Seeds Market Size, Share, and COVID-19 Impact Analysis, By Grain Size (Long Grains, Medium-Sized Grains, and Short Grains), By Treatment (Treated, and Untreated), By Hybridization Technique (Three-line System, and Two-line System), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
The uncooked, unhulled grains of the rice plant are called rice seeds, and they are used to plant and cultivate rice. It is a particular kind of dry fruit known as a caryopsis, which is not open when fully grown and is made from a single carpel. In addition to being utilized for scientific and research objectives, rice seeds can be either treated or left untreated. It can also be utilized as a bioreactor to produce therapeutic proteins or peptides, which are used to make human pharmaceuticals. Furthermore, this is because of their improved resistance to diseases and pests, hybrid seeds are growing in popularity. In recent years, hybrid rice seeds accounted for a sizeable portion of the rice seed market; in the years to come, this market share is anticipated to increase. The need to boost rice production in order to meet the demands of a growing population is driving up demand for hybrid rice seeds. However, factors including lengthy regulatory clearances and significant research and development expenses are impeding the wider implementation of hybrid rice.
The long grains segment is estimated to grow at the fastest rate in the global rice seed market during the forecast period.
Based on the grain size, the global rice seed market is divided into long grains, medium-sized grains, and short grains. Among these, the long grains segment is estimated to grow at the fastest rate in the global rice seed market during the forecast period. Compared to short-grain rice, long-grain rice is longer and thinner. When cooked, this produces a texture that is more separate, dry, and fluffy. The longer grains tend to retain their shape better after cooking. The flavor of this long-grain rice is mild and neutral. This is due to their longer-grain form, long-grain rice types often contain fewer calories and carbohydrates per serving. Long rice grain is advantageous for specific food preparation and cooking techniques because of its marginally longer cooking time.
The untreated rice seeds segment is expected to grow at the highest rate in the global rice seed market during the forecast period.
Based on the treatment, the global rice seed market is divided into treated, and untreated. Among these, the untreated rice seeds segment is expected to grow at the highest rate in the global rice seed market during the forecast period. This is for field crops including maize, wheat, and soybeans, seed treatment and adoption have gained popularity as a way to reduce crop loss due to pest assaults. In nations like Asia Pacific, rice is specially grown. Farmers in Asian nations have been motivated to embrace seed coating technology by the growing demand for integrated pest management and government-issued sustainable agriculture management guidelines.
The three-line system segment is estimated to grow at the highest rate in the global rice seed market during the forecast period.
Based on the hybridization technique, the global rice seed market is divided into a three-line system, and a two-line system. Among these, the three-line system segment is estimated to grow at the highest rate in the global rice seed market during the forecast period. Major players in Asia have embraced the three-line techniques for producing hybrid seeds. The three-line technique has been used by numerous businesses to design their products. The creation of hybrid rice represents a significant advancement in rice breeding. It has proven to have enormous promise for raising rice yields. In the three-line system of hybrid rice, Rf3 and Rf4 regulate the fertility restoration of the commonly employed wild-abortive form of cytoplasmic male sterility.
Asia Pacific is expected to dominate the global rice seed market during the forecast period.
Asia Pacific is anticipated to dominate the global rice seed market during the forecast period. The area is one of the world's largest producers and consumers of rice. Farmers in the area have been motivated to increase the output of their crops due to the lack of available agricultural land. Advanced technologies like certified and hybrid seeds are also becoming more and more popular. The market for rice seeds is quite fragmented due to the numerous industry participants who possess the technological capabilities, robust R and D efforts, and worldwide presence to meet the growing demand worldwide. Among the policies being included by market participants are cooperation and the introduction of new products.
North America is estimated to hold the fastest share of the global rice seed market during the forecast period. This is because of the healthy eating habits of its users; rice seeds are also growing significantly in North America. The two main nations in the area are the United States and Canada. In the United States, rice production ranks fourth among cereals after sorghum, wheat, and corn. Rice farms occupy the most national land and require the most capital because they are row crop farms.
Competitive Analysis
Major vendors in the global rice seeds market are SL Agritech Corporation, Nirmal Seeds Pvt. Ltd., Advanta Limited, Biostadt India Limited, Krishidhan Seeds Pvt. Ltd., Nuziveedu Seeds Ltd., Rasi Seeds (P) Ltd., RiceTec Inc., BioSeeds Research India Pvt. Ltd., Ankur Seeds Pvt. Ltd., Nath Bio-Genes (I) Ltd., National Seeds Corporation Limited, Maharashtra Hybrid Seeds Company Pvt. Ltd., Krishak Bharati Cooperative Ltd., Siri Seeds Pvt. Ltd., Super Seeds (P) Ltd., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In May 2024, RobiNOweed basmati rice seed sales were started by Pusa Institute in New Delhi. The first non-GM herbicide-tolerant basmati rice cultivators in India to be approved for commercial use are Pusa Basmati 1979 and Pusa Basmati 1985. These varieties are resistant to Imazethapyr 10% SL.
- In December 2022, OneCGIAR-IRRI launched its new worldwide program, Seed Equal: Delivering Genetic Gains to Farmers Fields program. The launch began with a workshop held in collaboration with the Cuu Long Delta Rice Research Institute (CLRRI) and the Vietnam Academy of Agriculture Sciences (VAAS).
- In August 2022, the National Seed Board of Nepal authorized the release of seven new rice types for cultivation: Ganga Sagar-3, Ganga Sagar-1, Khumal Basmati-16, Hardinath-5, and Ghaiya-3. Among the many qualities of the recently produced cultivars are high grain output, superior grain quality, and resilience to pests and diseases.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global rice seeds market based on the below-mentioned segments:
Global Rice Seeds Market, By Grain Size
- Long Grains
- Medium-sized Grains
- Short grains
Global Rice Seeds Market, By Treatment
Global Rice Seeds Market, By Hybridization Technique
- Three-line System
- Two-line System
Global Rice Seeds Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa