Hybrid Rice Seeds Market By Type (3-Line Breeding System, 2-Line Breeding System) and Region - Asia Pacific Forecast to 2026

The Asia Pacific Hybrid Rice Seeds Market was valued at around US$ 1,2 million in 2017 and is expected to register a CAGR of over 6.4%. The report offers in-depth insights, revenue details, and other vital information regarding the Asia Pacific hybrid rice seeds market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report also offers insightful and detailed information regarding the various key players operating in the Asia Pacific hybrid rice seeds market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The Asia Pacific hybrid rice seeds market is segmented on the basis of type and country.

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Hybrid rice is a type of rice that has been bred from two very different parent plants. A specialized seed production process and system is required to keep the seed pure. Hybrids are produced by crossing two inbred – genetically fixed – varieties of a particular crop. Hybrids are special because they express what is called "heterosis" or hybrid vigor. The seed from the first cross of the two different parents is the hybrid variety. This is unlike inbred rice where the seed of a subsequent generation (usually after many inbreeding crosses) is the variety.

Asia Pacific Hybrid Rice Seeds Market Dynamics:

Demand for rice seed is expected to increase as rice is a staple medium in many Asian countries, and this along with a rapidly growing population and increasing economic developments are factors placing increasing pressure on farmers to increase crop yield and production. In addition, declining arable land is also a factor expected to create increasing demand for hybrid rice seeds in the future.

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In addition, hybrid rice has greater vigour and higher yield as compared to parent varieties, and commercial hybrid rice can exhibit up to 30% higher yield, which makes it a more viable and profitable option for farmers.

Moreover, Manufacturing companies are focusing on developing hybrid rice seeds that are more resistant to various diseases and environmental stress, which is expected to drive demand for hybrid rice seeds over the forecast period.

However, high cost of hybrid rice seed and these rice seeds require additional labor as compared to normal rice during cultivation, which are expected to be major factors restraining market growth. Additional labor cost is incurred due to several procedures involved in production of these seeds, which include thin and row planting, filling gaps, GA3 application, roguing, manual harvesting, and cleaning. Moreover, Hybrid rice seed production is more complex than that of regular rice. The process is required to be carried out by skilled manpower as it involves various risks, especially during the early stages of the process. If these parameters are not met, it can affect the quality and yield of hybrid rice. Hence, shortage of skilled manpower is expected to hamper growth of hybrid rice seeds market over the forecast period.

Market analysis by type:

On the basis of type segmentation, 2-line breeding system segment is expected to contribute major revenue share and is expected to maintain its dominance over the forecast period. 2-line breeding systems involves A-line and R-line in cross of hybrid rice seed production. 2-line breeding systems is a simplified procedure of hybrid seed production as it can be used to develop desirable and heterotic hybrids, which in turn is expected to drive revenue growth of the 2-line breeding systems segment over the forecast period. Furthermore, 2-line breeding systems does not require restorer genes in male parents of two-line hybrids, which is an ideal system for developing rice varieties such as Japonica and Indica.

Analysis by Country:

Rest of Asia Pacific market is expected to dominate the hybrid rice seed market, and it accounts for largest market revenue over US$ 834.0 Mn in 2017 as compared to that of markets in other regions. Dominance by Rest of Asia Pacific market is expected to continue over the forecast period and expected to grow with a CAGR over 6.5%.

China is expected to be world’s largest hybrid rice seed manufacturer and consumer. Rice contributes 40% to the total calorie intake of consumers in the country, which is expected to drive market growth over the forecast period.

India is expected to be fastest growing country in the Asia Pacific hybrid rice seed market. India majorly exports hybrid rice seeds to Asian and African countries. The Philippines is the largest importer of hybrid rice seed from India, followed by Indonesia and Nepal. Efforts by the government to promote cultivation of hybrid rice through various crop development programs such as National Food Security Mission (NFSM), Bringing Green Revolution to Eastern India (BGREI), and Rashtriya Krishi Vikas Yojana (RKVY) are anticipated to propel market growth in the country over the forecast period. However, hybrid rice seeds are more expensive than certified inbred rice varieties, which is expected to hamper growth of market to a certain extent in the country over the forecast period.

To promote consumption of hybrid seeds the government and non-government organisations of various countries are involved in various initiatives which is expected to fuel market growth over the forecast period. For instance, Non-government organizations such as BRAC, Proshika, Gono Kalyan Trust, and TMSS in Bangladesh are taking initiatives to promote cultivation of hybrid rice, which is expected to propel market growth over the forecast period. In addition, favourable government schemes and incentives offered by the government are expected to result in increasing cultivation of hybrid seeds in areas in the country

According to Food and Fertilizer Technology Center, 90% of hybrid rice seeds in the Philippines are being distributed by the government through its Hybrid Rice Commercialization Program (HRCP). The Food and Agriculture Organization (FAO), through technical cooperation project, has also provided support to national hybrid rice programs with the objective to promote wide-scale adoption of hybrid rice seeds among farmers the Philippines. Furthermore, the government of the Philippines subsidizes half the cost of hybrid seeds procured from both public and private seed companies

Asia Pacific Hybrid Rice Seeds Market Segmentation:

Asia Pacific hybrid rice seeds segmentation, by type:

• 3-Line Breeding System
• 2-Line Breeding System

Asia Pacific hybrid rice seeds segmentation, by country:

• Bangladesh
• Pakistan
• Vietnam
• Philippines
• Indonesia
• India
• Australia
• Rest of Asia Pacific