Global Rice Seeds Market Report 2022 – Market Forecast, Trends And Strategies

The global rice seeds market is expected to grow from $6.39 billion in 2021 to $7.11 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The global rice seeds market is expected to reach $9.74 billion in 2026 at a CAGR of 8.2%.

What is the Global Rice Seeds Market?

The rice seeds market consists of sales of rice seeds by entities (organizations, sole traders, and partnerships) that are cultivated to produce various forms of rice such as white rice, brown rice, basmati, Jasmine, Arborio, among others. Rice is the cooked and ingested starchy grains of an annual Southeast Asian cereal grass (Oryza sativa). Rice seeds form a cultivated rice plant that grows to be about 1.2 meters tall and yields a rice grain. Rice seeds are domesticated and cultivated before being planted in prepared beds and transported to a field or paddy.

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What drives the Global Rice Seeds Market?

The growing world population and the subsequent surging demand for food is expected to propel the growth of the rice seeds market going forward. 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. Therefore, the growing global population and the subsequent surging demand for food will drive the market.

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Global Rice Seeds Market Segments
The global rice seeds market is segmented:
By Type: Open Pollinated Rice Variety, Hybrid Rice Variety
By Treatment: Treated, Untreated
By Hybridization Technique: Two-Line System, Three-Line System
By Grain Size: Long Grain Rice, Medium Grain Rice, Short Grain Rice
By Application: Agricultural Planting, Scientific And Research Planting
By Geography: The regions covered in the rice seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Rice Seeds Global Market Report 2022provides market size and growth forecasts for the global rice seeds market, rice seeds global market share, rice seeds market segments and geographies, rice seeds global market competitive landscape including leading competitors’ revenues, profiles and market shares. The rice seeds market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Rice Seeds Industry Playersinclude Bayer AG, Syngenta Group, Advanta Seeds Pty Ltd, Nuziveedu Seeds, Mahyco, BASF SE, Kaveri Seeds Co Ltd, SL Agritech Corporation, Rasi Seeds, Rallis India Limited, JK Agri Genetics Ltd., Hefei Fengle Seed Co Ltd, Corteva, Guard Agri, and Savannah Seeds Private Limited. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.