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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Asia Pacific Seeds Market Share
In terms of the type of seeds, there is an increased demand in the market for genetically modified and High Yield Varieties (HYV) of seeds. India and China are the two largest producers of genetically modified seeds in the Asian Region. As of June 2024, five genetically modified crops including cotton, banana, canola, Indian mustard, and safflower, have been approved for cultivation in Australia. There are also field trials going on for other crops.
Asia Pacific Seeds Market Report Snapshots
Asia Pacific Seeds Market Size
Asia Pacific Seeds Market Growth
Asia Pacific Seeds Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
It is estimated that the Asia Pacific seeds market reached approximately USD 13.7 billion in 2023.
The market will likely grow at a CAGR of 5.40% in the forecast period of 2024 and 2032.
The market is projected to reach a value of around USD 21.99 billion by the year 2032.
Key drivers of the market include a rising food demand, a rural-to-urban population shift and the adoption of sustainable agricultural practices.
Growing demand for HYV and genetically modified seeds and an increase in the use of digital tools and platforms are the key trends in the market.
According to the report, there are two types of seeds in the market- conventional seeds and genetically modified seeds.
BASF SE, Bayer AG, Corteva Inc., Nuziveedu Seeds Limited, Syngenta AG, Groupe Limagrain Holding, East-West Seed Group, Sakata Seed Corporation, UPL Ltd. (Advanta), Rijk Zwaan Zaadteelt en Zaadhandel B.V, and others are the key players in the market.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124