Product ID: SQMIG30H2075
Report ID: SQMIG30H2075 | Region: Global | Published Date: August, 2022 | Pages: 157 | Tables: 114 | Figures: 77
Rice Seeds Market size was valued at USD 6.69 billion in 2021 and is poised to grow from USD 7.14 billion in 2022 to USD 12.8 billion by 2030, growing at a CAGR of 6.7% in the forecast period (2023-2030).
Rice is made from the seed of the grass Oryza sativa, sometimes known as Asian rice, or the less common Oryza glaberrima (African rice). Although the phrase may sometimes be used to refer to wild or uncultivated variants of Oryza, wild rice is typically used to refer to species of the genera Zizania and Porteresia.
In various Asian nations, including India, China, Vietnam, and Malaysia, brown rice consumption has increased during the past several years. Brown rice is far healthier than regular commercial alternatives, according to a medical study. In addition to having 218 calories per cup, brown rice also has 44 grams of carbohydrates, 3.5 grams of fiber, 1.8 grams of fat, and 5 grams of protein. Additionally, it contains vitamin B1, B3, B5, B6, selenium, iron, magnesium, phosphorus, zinc, copper, manganese, and vitamin E. Due to its high fiber and low-calorie content, this variety of rice is strongly advised for diabetes patients as an alternative to ordinary rice.
The market is expanding more quickly as a result of the rising cost of premium seeds. One of the causes is the help provided by public and private entities to farmers and agriculturalists. The market is being further improved by the expanded selection of hybrid rice seed alternatives as well as the simple accessibility of agricultural loans, contract services, pesticides, fertilizers, and machinery. Rising consumer demand for higher-quality rice crops, rising consumer knowledge of the benefits of eating healthy, rising hybrid crop farming for higher rice production, and an increase in the rate of seed replacement are all factors that are positively affecting the rice seed market. During the anticipated period, the rice seed market would develop at a faster rate due to new technologies and an increase in exports of rice seed types.
US Rice Seeds Market is poised to grow at a sustainable CAGR for the next forecast year.
To get more reports on the above market click here to Buy The Report
Global rice seeds market is segmented based on the product, hybridization, grain size, treatment, and region. Based on product, the global rice seeds market is segmented into open-pollinated varieties and commercial hybrids. Based on the hybridization technique, the global rice seeds market is segmented into two-line and three-line. Based on grain size the global rice seeds market is segmented into long, medium, and short. Based on treatment, the global rice seeds market is segmented into treated, and untreated seeds. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Rice Seeds Market Analysis by Product
In 2021, hybrid items had the highest revenue share (more than 60.0%). The market growth is anticipated to benefit from the growing popularity of cross-breed categories because to their many benefits, including increased yield, vigor, and resistance to pests and disease. Additionally, the majority of countries that produce grains have developed mechanisms for the manufacturing and distribution of hybrid seeds, as well as efficient procedures for quality control.
It has been noted that hybrid goods outperform traditional variations in terms of yield by more than 40.0%. In comparison to conventional kinds, hybrid seeds are substantially less needed for a given yield. In addition, hybrid goods have greater average productivity and overall return on input expenses than conventional ones. By 2028, there will likely be a huge rise in demand for rice, necessitating more production as well, which is another reason hybrid varieties are being used.
Rice Seeds Market Analysis by Grain Size
In 2021, the rice seed market's highest revenue share, at over 45.0%, belonged to medium-sized grains. These varieties are juicy, soft, and just a little chewy, and they grow two or three times longer than they do in breadth. They have a sticky texture and consistency when cooked, and Southeast Asian nations favor them. Due to their capacity to absorb flavors and liquids, two common types of medium grain rice, Arborio, and Valencia are perfect for preparing risotto. They can also be used to make fried rice balls or arancini. Paella, a rice dish from Valencia, is made using another sort of rice called bomba.
Due to its use in numerous delicacies, long-grained versions are anticipated to have the quickest CAGR of 8.9% between 2022 and 2028. Doongara, Kyeema, Langi, Topaz, Cammalis, Neang Minh, Princess Sari, and Puntal are a few of the well-known long-grain product kinds. These grains are four or five times longer than they are wide, making them long and thin. Basmati is one of the most well-known long-grained products and is only cultivated in Pakistan and India. These are used to make a variety of cuisines, including pudding, pulao, jambalaya, porridge, biryani, and sashimi.
To get detailed analysis on other segments, Request For Sample Report
As rice is a common staple meal in most Asian nations, the Asia Pacific region accounted for more than 75.0% of the income in 2021. In nations like India, Vietnam, Thailand, and Sri Lanka, more than 100 kilograms of rice are used yearly per person. In these Asian countries, more than 520 million people get more than 50% of their calories from rice. In the upcoming years, the per capita consumption of these goods as a staple diet will continue to rise in middle-to-low-income Asian nations, such as the Philippines, Laos, Myanmar, Bangladesh, and Cambodia. For example, India's rice exports (basmati and non-basmati) increased dramatically by a whopping 87 percent to 17.72 million tonnes (MT) in 2020–21 from 9.49 MT in 2019–20. India's rice exports increased by 38% in value to 8815 million USD in 2020–21 from 6397 million USD recorded in 2019–20. India's rice exports increased in value by 44% to Rs 65298 crore in 2020–21 from Rs 45379 crore the year before. India's rice exports increased by more than 33% to 11.79 MT in the first seven months of the current fiscal year (2021–22) from 8.91 MT during April–October 2020–21. It is predicted that India would export more rice in 2021–22 than it did in 2020–21, when it set a record of 17.72 MT. India sent non-basmati rice to nine nations in 2020–21, including Timor–Leste, Puerto Rico, Brazil, Papua New Guinea, Zimbabwe, Burundi, Eswatini, Myanmar, and Nicaragua, while preceding shipments were of a lower scale or had not yet been made.
Europe is anticipated to see the quickest rate of growth over the projection period, with a CAGR of 8.9% from 2022 to 2028. In nations like Italy, Spain, and many Southeastern nations including Bosnia, Romania, Greece, and Turkey, the use of rice in staple foods has increased. Additionally, it plays a significant role in a number of classic European recipes, especially Mediterranean food. This should increase consumer demand for the goods.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Rice Seeds Market Driver
Rice Seeds Market Restraint
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
The global rice seeds market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.
Top Players in the Global Rice Seed Market
Rice Seeds Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global rice seeds market analysis, in terms of type, the hybrid segment held the largest share in the global rice seeds market. The global rice seeds market growth is anticipated to benefit from the growing popularity of cross-breed categories because of their many benefits, including increased yield, vigor, and resistance to pests and disease. In terms of grain size, the medium grain size held the largest share in the global rice seeds market. These varieties are juicy, soft, and just a little chewy, and they grow two or three times longer than they do in breadth. And by region, the Asia-Pacific region held the largest share in the global rice seeds market. In nations like India, Vietnam, Thailand, and Sri Lanka, more than 100 kilograms of rice are used yearly per person.
|Market size value in 2021||USD 6.69 billion|
|Market size value in 2030||USD 7.14 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Rice Seeds Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Rice Seeds Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Rice Seeds Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Rice Seeds Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.