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Report Overview

The Philippines hybrid rice seed market is projected to grow at a CAGR of 5.30% between 2025 and 2034. The market is being driven by the increasing awareness to build food security in the region by the government.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Nearly 74% of the Philippines’ population is unable to afford healthy food in 2021.

  • The Philippines’ Department of Agriculture plans to promote the cultivation of hybrid rice seeds on 1.5 million hectares of land.

  • The Global Food Security Index ranked the Philippines at the 67th position out of 113 countries in 2022.

Philippines Hybrid Rice Seed Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million XX
Market Size 2034 USD Million XX
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 5.30%
CAGR 2025-2034 - Market by Type Transgenic 5.8%
CAGR 2025-2034 - Market by Grain Size Long 5.6%
2024 Market Share by Type Non-Transgenic XX%

Philippines Hybrid Rice Seed Market Growth

As per the Philippine Statistics Authority, the nation’s self-sufficiency ratio of pork, chicken, tuna, and rice declined to 90% in 2022. As per a United Nations report, nearly 51 million people did not have access to healthy food in the Philippines in 2022. This has prompted increasing government initiatives towards the promotion of food security in the country through the distribution of hybrid rice seeds to poor farmers.

From January to November 2022, the National Rice Program enabled 1.06 million farmers and over 3000 cooperatives to source hybrid rice seeds in the Philippines, besides obtaining government support for production, harvesting, and small-scale irrigation machinery. The Rice Competitiveness Enhancement Fund Program has also enabled over 10,000 rice farmers and nearly 200 cooperative organisations to borrow no-collateral and zero-interest funds for rice cultivation. This has resulted in a substantial increase in hybrid rice yields, from 7MT to 15MT in recent years.

Farmers in the country have achieved a 41% increase in rice yields through the usage of hybrid rice seeds as compared to inbred conventional seeds. In 2022, the SSR for round scad declined to 80% in the Philippines. Nearly 50% of all those people facing severe/moderate food insecurity are present in the Philippines. Hybrid rice seeds have a significant potential to increase the food security of the country and boost its economic growth rate.

Philippines Hybrid Rice Seed Industry Segmentation

Philippines Hybrid Rice Seed Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

  • Transgenic
  • Non-Transgenic

Market Breakup by Grain Size:

  • Long
  • Medium
  • Short

CAGR 2025-2034 - Market by Type
Transgenic 5.8%
Non-Transgenic XX%
CAGR 2025-2034 - Market by Grain Size
Long 5.6%
Medium XX%
Short XX%

Philippines Hybrid Rice Seed Market Share

2024 Market Share by Type
Non-Transgenic XX%
Transgenic XX%

Based on grain size, the market is segmented into long, medium, and short. Over the forecast period, long-size rice grains are expected to grow at a CAGR of 5.6% as it is non-sticky and have wide-ranging applications.

Leading Companies in the Philippines Hybrid Rice Seed Market

In February 2022, Bayer AG established its largest Global Business Services (GBS) site in Manila to celebrate 60 years of its presence in the Philippines, with a total investment of PhP 750 million.

  • Bayer AG
  • Corteva Inc.
  • Syngenta AG
  • SL Agritech Corporation (SLAC)
  • UPL Ltd. (Advanta Hybrid Rice Seed Philippines Inc.)
  • Bioseed Research Philippines Inc.
  • SeedWorks Philippines, Inc.
  • Others

Philippines Hybrid Rice Seed Market Report Snapshots

Philippines Hybrid Rice Seed Market Size

Philippines Hybrid Rice Seed Market Growth

Philippines Hybrid Rice Seed Market Share

Philippines Hybrid Rice Seed Companies

*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

The market is projected to grow at a CAGR of 5.30% between 2025 and 2034.

The different types of hybrid rice seed are transgenic and non-transgenic.

The different rice grain sizes considered in the market report are small, medium, and large.

The key market players are Bayer AG, Corteva Inc., Syngenta AG, SL Agritech Corporation (SLAC), UPL Ltd. (Advanta Hybrid Rice Seed Philippines Inc.), Bioseed Research Philippines Inc., and SeedWorks Philippines, Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Grain Size
Breakup by Type
  • Transgenic
  • Non-Transgenic
Breakup by Grain Size
  • Long
  • Medium
  • Short
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bayer AG
  • Corteva Inc.
  • Syngenta AG
  • SL Agritech Corporation (SLAC)
  • UPL Ltd. (Advanta Hybrid Rice Seed Philippines Inc.)
  • Bioseed Research Philippines Inc.
  • SeedWorks Philippines, Inc.
  • Others

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