10 minute read

Report_Conventional Rice Seed Market, Global Outlook and Forecast 2024-2030_2025-02-21_kirti ganesh

Conventional Rice Seed refers to traditional, non-GMO rice varieties developed through conventional breeding methods for commercial cultivation. These seeds are selected for their yield, disease resistance, and adaptability to various climatic conditions. Unlike hybrid seeds, conventional rice seeds can be saved and replanted by farmers, making them a cost-effective option for agricultural production.

Market Size

Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-conventional-rice-seed-forecast-2024-2030-585

The global Conventional Rice Seed market was valued at US$ 8.67 billion in 2024 and is projected to reach US$ 11.23 billion by 2030, growing at a CAGR of 4.4% during the forecast period. The United States market alone was valued at US$ 892.4 million in 2024, with expectations to reach US$ 1.12 billion by 2030, at a CAGR of 3.9%.

In 2023, the global production of conventional rice seeds reached 2.2 million metric tons, with long-grain varieties comprising 60% of the total demand. The medium-grain segment is experiencing a steady 4.8% annual growth rate, while hybrid varieties are increasing at 5.5% CAGR. Inbred varieties dominate with an 80% market share.

Market Dynamics

Drivers

  • Food Security Concerns: The rising global population and the need for stable food production drive demand for conventional rice seeds.

  • Sustainability and Traditional Farming: Many farmers prefer non-GMO, conventional seeds for their ability to be saved and replanted.

  • Government Support and Subsidies: Many governments worldwide support conventional rice farming through subsidies and incentives.

  • Increasing Demand for Disease-Resistant Varieties: The market saw a 12% increase in demand for disease-resistant conventional rice seeds in 2023.

Food Security Concerns: The rising global population and the need for stable food production drive demand for conventional rice seeds.

Sustainability and Traditional Farming: Many farmers prefer non-GMO, conventional seeds for their ability to be saved and replanted.

Government Support and Subsidies: Many governments worldwide support conventional rice farming through subsidies and incentives.

Increasing Demand for Disease-Resistant Varieties: The market saw a 12% increase in demand for disease-resistant conventional rice seeds in 2023.

Restraints

  • Lower Yield Compared to Hybrid Varieties: Conventional rice seeds often have lower yields than hybrid counterparts, impacting profitability.

  • Climate Change and Unpredictable Weather: Extreme weather conditions and natural disasters affect rice production and seed quality.

  • Limited R&D Funding Compared to Hybrid and GM Seeds: Most research investment focuses on hybrid and genetically modified varieties, limiting advancements in conventional rice seed development.

Lower Yield Compared to Hybrid Varieties: Conventional rice seeds often have lower yields than hybrid counterparts, impacting profitability.

Climate Change and Unpredictable Weather: Extreme weather conditions and natural disasters affect rice production and seed quality.

Limited R&D Funding Compared to Hybrid and GM Seeds: Most research investment focuses on hybrid and genetically modified varieties, limiting advancements in conventional rice seed development.

Opportunities

  • Expansion in Africa and Emerging Markets: Africa is the fastest-growing region in this market, with a CAGR of 5.8%.

  • Development of Stress-Tolerant Varieties: Investment in drought-resistant and flood-resistant conventional rice seeds has grown by 20% in R&D funding.

  • Growing Demand for Organic and Non-GMO Products: Consumers are increasingly seeking organic and non-GMO rice products, boosting demand for conventional rice seeds.

Expansion in Africa and Emerging Markets: Africa is the fastest-growing region in this market, with a CAGR of 5.8%.

Development of Stress-Tolerant Varieties: Investment in drought-resistant and flood-resistant conventional rice seeds has grown by 20% in R&D funding.

Growing Demand for Organic and Non-GMO Products: Consumers are increasingly seeking organic and non-GMO rice products, boosting demand for conventional rice seeds.

Challenges

  • Competition from Hybrid and GM Seeds: The market share of hybrid seeds is growing, making competition stiff for conventional varieties.

  • Pest and Disease Management: Conventional rice varieties require more intensive pest and disease management compared to hybrid counterparts.

Competition from Hybrid and GM Seeds: The market share of hybrid seeds is growing, making competition stiff for conventional varieties.

Pest and Disease Management: Conventional rice varieties require more intensive pest and disease management compared to hybrid counterparts.

Regional Analysis

Asia-Pacific (70% Market Share)

Asia-Pacific leads the global market, with major producers including China, India, Japan, and Southeast Asian countries. Long-grain and Japonica rice varieties dominate this region, and government programs support conventional rice seed adoption.

North America

The U.S. conventional rice seed market is valued at US$ 892.4 million (2024), with increasing demand from organic and non-GMO farming communities.

Europe

Europe is seeing growing demand, particularly in countries like France, Germany, and Italy, due to increased organic farming initiatives.

South America & Africa

Africa is the fastest-growing market, with a CAGR of 5.8%, driven by demand for drought-resistant rice varieties. Brazil and Argentina are major players in South America.

Competitor Analysis

Key Companies

  • Dupont Pioneer

  • Syngenta

  • Bayer CropScience

  • Nath Seeds

  • Advanta

  • Nirmal Seeds

  • Longping High-Tech

  • China National Seed Group

  • Hainan Shennong Gene

  • WIN-ALL HI-TECH SEED

  • Hefei Fengle Seed

  • Zhongnongfa Seed

Dupont Pioneer

Syngenta

Bayer CropScience

Nath Seeds

Advanta

Nirmal Seeds

Longping High-Tech

China National Seed Group

Hainan Shennong Gene

WIN-ALL HI-TECH SEED

Hefei Fengle Seed

Zhongnongfa Seed

Market Segmentation (by Type)

  • Indica Rice: Dominates global production, primarily grown in Asia.

  • Japonica Rice: High demand in Japan, Korea, and parts of China.

  • Glutinous Rice: Popular in Southeast Asian and specialty markets.

Indica Rice: Dominates global production, primarily grown in Asia.

Japonica Rice: High demand in Japan, Korea, and parts of China.

Glutinous Rice: Popular in Southeast Asian and specialty markets.

Market Segmentation (by Application)

  • Agricultural Production: Majority of conventional rice seed usage.

  • Scientific Research: Development of new, stress-tolerant rice varieties.

Agricultural Production: Majority of conventional rice seed usage.

Scientific Research: Development of new, stress-tolerant rice varieties.

Geographic Segmentation

  • North America (USA, Canada, Mexico)

  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

  • South America (Brazil, Argentina, Colombia, Rest of South America)

  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Colombia, Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

FAQ Section

What is the current market size of the Conventional Rice Seed market?

  • As of 2024, the global Conventional Rice Seed market is valued at US$ 8.67 billion and is projected to reach US$ 11.23 billion by 2030.

Which are the key companies operating in the Conventional Rice Seed market?

  • Major players include Dupont Pioneer, Syngenta, Bayer CropScience, Nath Seeds, Advanta, Nirmal Seeds, among others.

What are the key growth drivers in the Conventional Rice Seed market?

  • Key growth drivers include food security concerns, increasing demand for non-GMO and organic products, government support, and rising investments in stress-tolerant rice seed development.

Which regions dominate the Conventional Rice Seed market?

  • Asia-Pacific leads with a 70% market share, followed by North America, Europe, and Africa.

What are the emerging trends in the Conventional Rice Seed market?

  • Emerging trends include rising demand for disease-resistant varieties, increased R&D investments, expansion in Africa, and growing adoption of drought-tolerant rice seeds.

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities covered in the study

  • Neutral perspective on the market performance

  • Recent industry trends and developments

  • Competitive landscape & strategies of key players

  • Potential & niche segments and regions exhibiting promising growth covered

  • Historical, current, and projected market size, in terms of value

  • In-depth analysis of the Conventional Rice Seed Market

  • Overview of the regional outlook of the Conventional Rice Seed Market:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Conventional Rice Seed Market

Overview of the regional outlook of the Conventional Rice Seed Market:

Key Reasons to Buy this Report:

  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

  • This enables you to anticipate market changes to remain ahead of your competitors

  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

  • Provision of market value (USD Billion) data for each segment and sub-segment

  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

  • Includes in-depth analysis of the market from various perspectives through Porters five forces analysis

  • Provides insight into the market through Value Chain

  • Market dynamics scenario, along with growth opportunities of the market in the years to come

  • 6-month post-sales analyst support

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porters five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Get the Complete Report & TOC @ https://www.grandresearchstore.com/agriculture/global-conventional-rice-seed-forecast-2024-2030-585

Table of content

Table of Contents1 Research Methodology and Statistical Scope1.1 Market Definition and Statistical Scope of Conventional Rice Seed1.2 Key Market Segments1.2.1 Conventional Rice Seed Segment by Type1.2.2 Conventional Rice Seed Segment by Application1.3 Methodology & Sources of Information1.3.1 Research Methodology1.3.2 Research Process1.3.3 Market Breakdown and Data Triangulation1.3.4 Base Year1.3.5 Report Assumptions & Caveats2 Conventional Rice Seed Market Overview2.1 Global Market Overview2.1.1 Global Conventional Rice Seed Market Size (M USD) Estimates and Forecasts (2019-2030)2.1.2 Global Conventional Rice Seed Sales Estimates and Forecasts (2019-2030)2.2 Market Segment Executive Summary2.3 Global Market Size by Region3 Conventional Rice Seed Market Competitive Landscape3.1 Global Conventional Rice Seed Sales by Manufacturers (2019-2024)3.2 Global Conventional Rice Seed Revenue Market Share by Manufacturers (2019-2024)3.3 Conventional Rice Seed Market Share by Company Type (Tier 1, Tier 2, and Tier 3)3.4 Global Conventional Rice Seed Average Price by Manufacturers (2019-2024)3.5 Manufacturers Conventional Rice Seed Sales Sites, Area Served, Product Type3.6 Conventional Rice Seed Market Competitive Situation and Trends3.6.1 Conventional Rice Seed Market Concentration Rate3.6.2 Global 5 and 10 Largest Conventional Rice Seed Players Market Share by Revenue3.6.3 Mergers & Acquisitions, Expansion4 Conventional Rice Seed I

CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Follow Us On linkedin :- https://www.linkedin.com/company/grand-research-store/Similar Reports:Conventional Rice Seed Market, Global Outlook and Forecast 2023-2030Global Conventional Rice Seed Market Research Report 2022Global Conventional Rice Seed Market Insights, Forecast to 2028Conventional Rice Seed Market, Global Outlook and Forecast 2022-2028

This article is from: