Press release
Rice Seeds Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
How Are the key drivers contributing to the expansion of the rice seeds market?The rise in global population and the resulting boost in food demand are anticipated to fuel the expansion of the rice seeds market in the future. Worldometer data indicates that the world's population in 2021 stood at 7.9 billion, with forecasts predicting it to hit 10 billion by 2057. This population growth will spur food demand, consequently paving the way for the enlargement of the rice seeds market. For instance, the Food and Agriculture Organization of the United Nations (FAO) projects a 70% rise in global food demand by 2050. Accordingly, the escalating worldwide populace and the ensuing skyrocketing demand for food are set to steer the rice seeds market's growth.
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What growth opportunities are expected to drive the rice seeds market's CAGR through 2034?
The market size for rice seeds has seen significant expansion lately. The market, which was valued at $8.47 billion in 2024, is anticipated to surge to $9.25 billion in 2025, with a compound annual growth rate (CAGR) of 9.2%. The growth witnessed in the past can be tied to factors such as population increase, use of traditional rice varieties, governmental rules and grants, as well as environmental influences.
The market size for rice seeds is predicted to undergo swift expansion in the forthcoming years, reaching $13.59 billion by 2029 with a compound annual growth rate (CAGR) of 10.1%. This upswing during the forecast period can be linked to alterations in dietary habits, the resilience and disease-resistance of crops, international trade and globalization, sustainable farming, increased consumer knowledge, and climate change mitigation. Notable trends projected for this period involve genetic modification, the adoption of high-output variants, digital agriculture, market diversification, and sustainable agricultural practices.
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What are the emerging trends shaping the future of the rice seeds market?
Major companies in the rice seed industry are focusing on advancing technology innovations with the aim of improving rice quality and increasing yields. For instance, Horizon AG, an American firm specialized in organic acids research and development, partnered with the University of Arkansas, an American educational institution, in February 2022 to introduce a new variety of rice called CLL18, developed using Clearfield technology. In the 2020-21 ARPT, CLL18 had a two-year average yield of 221 bushels per acre, exceeding the yields of earlier rice seed versions. CLL18 matures earlier than CLL16 and seems to be particularly suited to the coastal areas of Louisiana and Texas, making it ideal for secondary crop scenarios.
Which growth-oriented segments of the rice seeds market are leading the industry's development?
The rice seeds market covered in this report 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
Subsegments:
1) By Open Pollinated Rice Variety: Traditional Varieties, Landrace Varieties
2) By Hybrid Rice Variety: F1 Hybrid Rice Varieties, High-Yield Hybrid Varieties
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What regions are leading the charge in the rice seeds market?
Asia-Pacific was the largest region in the rice seeds market in 2024.Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the rice seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the rice seeds market?
Major companies operating in the rice seeds market include Bayer AG, Syngenta Group, Advanta Seeds Pty Ltd, Nuziveedu Seeds, Mahyco, BASF SE, Kaveri Seeds Co Ltd, SL Agritech Corporation, Rasi Seeds Pvt. Ltd., Rallis India Limited, JK Agri Genetics Limited, Hefei Fengle Seed Co. Ltd., Corteva Agriscience, Guard Agri Genetics, Savannah Seeds Private Limited, Pioneer Hi-Bred International Inc., Krishidhan Seeds Pvt. Ltd., Nath Biogene (I) Ltd., Seed Co Limited, Biostadt India Limited, Takii & Co. Ltd., National Seeds Corporation Limited, Maharashtra Hybrid Seeds Company Ltd., Namdhari Seeds Private Limited, Metahelix Life Sciences Private Limited, Best Genetics India Private Limited, Limagrain Europe SA.
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What Is Covered In The Rice Seeds Global Market Report?
•Market Size Forecast: Examine the rice seeds market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the rice seeds market for a structured understanding.
•Key Players Overview: Analyze major players in the rice seeds market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the rice seeds market.
•Segment Contributions: Evaluate how different segments drive overall growth in the rice seeds market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the rice seeds market.
•Industry Challenges: Identify potential risks and obstacles affecting the rice seeds market.
•Competitive Landscape: Review strategic developments in the rice seeds market, including expansions, agreements, and new product launches.
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