Cultivating Growth: Unveiling Insights from the Rice Seeds Market Report 2023-2032 || Bayer AG, Syngenta Group, Advanta Seeds Pty Ltd., Nuziveedu Seeds

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Rice Seeds Global Market Report 2023 identifies the growing world population and the subsequent surging demand for food are the major driver for the rice seeds market's growth in the forecast period. According to the Worldometer, the global population in 2021 was 7.9 billion and is expected to reach 10 billion by 2057. The increasing population will increase the demand for food which in turn promotes the growth of the rice seeds market. For instance, according to the Food and Agriculture Organization of the United Nations (FAO), world food demand is expected to increase by 70% by 2050.

The global rice seeds market size will grow from $7.17 billion in 2022 to $7.96 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rice seeds market size is expected to grow to $11.07 billion in 2027 at a CAGR of 8.6%.

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Major competitors in the rice seeds market are Bayer AG, Syngenta Group, Advanta Seeds Pty Ltd., Nuziveedu Seeds, Mahyco, BASF SE, Kaveri Seeds Co Ltd., SL Agritech Corporation.

A key trend in the rice seeds market includes technological advancements. Major corporations operating in the rice seeds sector are progressively seeking to create revolutionary technology in order to boost productivity and rice quality. For instance, in June 2020, BASF, a Germany-based company operating in the rice seeds market, partnered with Win-All Hi-Tech Seed Co., Ltd., a China-based company that develops hybrid rice seeds.

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The rice seeds market is segmented -

1) By Type: Open Pollinated Rice Variety, Hybrid Rice Variety

2) By Treatment: Treated, Untreated

3) By Hybridization Technique: Two-Line System, Three-Line System

4) By Grain Size: Long Grain Rice, Medium Grain Rice, Short Grain Rice

5) By Application: Agricultural Planting, Scientific And Research Planting

6) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the rice seeds market.

The Business Research Company's "Global Rice Seeds Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Rice Seeds Market Include:
1. Executive Summary
2. Rice Seeds Market Characteristic
3. Rice Seeds Market Trends And Strategies
4. Rice Seeds Market - Macro Economic Scenario
5. Rice Seeds Market Size And Growth
……………
27. Rice Seeds Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rice Seeds Market
29. Rice Seeds Market Future Outlook And Potential Analysis
30. Appendix

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