Asia-Pacific Hybrid Seeds Market

Asia-Pacific Hybrid Seeds Market Size (2024 to 2029)

The Asia-Pacific hybrid seeds market size is expected to reach USD 15.91 billion in 2024 and reach USD 25.39 billion in 2029, growing at a CAGR of 9.8% during the forecast period from 2024 to 2029.

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.

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 the high cost of hybrid seeds are slowing down the growth of the Asia-Pacific hybrid seeds market.

SEGMENT ANALYSIS

Asia-Pacific Hybrid Seeds Market By Crop Type

• Cereals & Grains
• Fruits & Vegetables
• Oilseeds

Asia-Pacific Hybrid Seeds Market By Duration

• Short-Term
• Medium-Term
• Long-Term

Asia-Pacific Hybrid Seeds Market By Seed Treatment

• Treated
• Untreated

Asia-Pacific Hybrid Seeds Market By FarmType

• Indoor farms
• Outdoor farms

The fruits and vegetables segment is expected to witness significant growth during the forecast period owing to its growing demand. The Treated hybrid seeds market dominates the Asia-Pacific market owing to the growing demand for quality agricultural produce and increasing agricultural activities.

COUNTRY ANALYSIS

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

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 the Government. India, China, and Japan constitute the largest country-level markets in this region.

KEY PLAYERS IN THE ASIA PACIFIC HYBRID SEEDS MARKET

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.