Asia-Pacific Hybrid Seeds Market has been estimated at USD 12.02 billion in 2021 and is projected to reach USD 19.18 billion by 2026, at a CAGR of 9.8% during the forecast period from 2021 to 2026.
Hybrid Seeds are generally produced by cross-pollination between different varieties of the same plant. Hybrid Seeds are generally used to produce plants which give higher yield, possess a higher resistance and have the better adaptability to the environment.
Asia-Pacific Hybrid Seeds Market Driving:
New product offerings, High-quality seeds, and modernization of Agriculture are some of the major factors driving the market. Some other factors like increasing Population, decreasing Agricultural lands, changing weather patterns, the variety of diets, and technology-driven agriculture in developing countries are driving the market. However, factors like high cost of Hybrid seeds are slowing down the growth of Asia-Pacific Hybrid Seeds market.
Asia-Pacific Hybrid Seeds Market – By Crop Type:
Cereals & Grains
Asia-Pacific Hybrid Seeds Market – By Duration:
Asia-Pacific Hybrid Seeds Market – By Seed Treatment:
Asia-Pacific Hybrid Seeds Market – By Farm-Type:
Fruits and Vegetable segment is expected to witness significant growth during the forecast period owing to its growing demand. Treated Hybrid Seeds market dominates the Asia-Pacific market owing to the growing demand for quality agricultural produce and increasing agricultural activities.
Geographically, the market is segmented into India, Australia, China, Japan, and South Korea. Asia-Pacific is expected to be the fastest growing region owing to the continuous rise in population, and support from Government. India, China, and Japan constitute largest country level markets in this region
Major players in the market are E. I. du Pont de Nemours and Company, Syngenta AG, Monsan, Dow AgroSciences LLC, and KWS. Other players include Advanta Limited, Land OLakes, Inc., Takii & Co. Ltd., and Mahyco, and Biostadt India Ltd.
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