Asia-Pacific Wheat Seed Market

Asia-Pacific Wheat Seed Market Size (2024 to 2029):

Asia-Pacific wheat seed market is expected to reach USD 2884.87 billion in 2024 and reach USD 3,717.10 billion by 2029, estimated to be growing at a CAGR of 5.20% from 2024 to 2029.

Wheat is one of the important staple crops cultivated widely for its seed, a cereal grain. Wheat is a leading protein food and an important source of carbohydrates. It is also a good source of fiber, manganese, and magnesium in its unrefined state. The wheat crop has a high volume and low profit owing to production by heavily subsidized government seed programs. Wheat crops can be widely adaptable and grown in tropical and sub-tropical zones and also in cold traces of the north, beyond the 60-degree north altitude.

Different products are derived from wheat, including flour, wheat, bran, bulgur, wheat germ, wheat germ oil, and pasta. Wheat flour is used in baked goods such as bread, cookies, and muffins. Wheat grain is the source of alcoholic beverages, and bran from flour milling is important for livestock feed. The most common forms of wheat are red and white wheat. Black, yellow, and blue wheat are commercially minor but nutritionally promising species. Technology innovation in the wheat industry includes seed storage and germination ability, which is amplifying the wheat seed market around the world.

The Asia-Pacific wheat seed market is mainly driven by the demand for food due to the increasing population around the world and concern about healthy food. In addition, factors like changing lifestyles, increase in disposable income, technological innovations in the production, storage, and transportation of seeds, favorable government reimbursements, the success of hybrid seeds, and highly nutritious food compared to other cereals are also driving the growth of the Asia-Pacific wheat seed market. However, High labor costs, unfavorable weather conditions, and traditional harvesting methods are hampering the growth of the market.

This research report on the Asia Pacific wheat seed market is segmented and sub-segmented into the following categories.

Asia-Pacific Wheat Seed Market - By Type:

• Hard red winter wheat
• Hard red spring wheat
• Soft red winter wheat
• White wheat
• Durum wheat

Asia-Pacific Wheat Seed Market - By Application:

• Bakery
• Dairy
• Confectionary
• Nutritional supplements
• Others

Asia-Pacific Wheat Seed Market – By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Asia-Pacific is the fastest growing region due to emerging economies like China and India, increasing population, adopting western culture and rising funds.

KEY MARKET PLAYERS:

Key players dominating the Asia-Pacific wheat seed market are Syngenta, Monsanto Company, E. I. du Pont de Nemours and Company, Bayer Crop Science AG, Advanta, Pro Harvest, RAGT, Agrovegetal, Lima grain, Northern Seeds, KWS Saat, C & M Seeds and China National Seed Group.