The Global Hybrid Rice Seeds Market Is Predicted To Reach USD XX Million With A CAGR Of XX% According To Market Data Forecast Report.

The Global Hybrid Rice Seeds Market Is Predicted To Reach USD XX Million With A CAGR Of XX% According To Market Data Forecast Report.

ID: 6075 | October 2018 | Region: Global

The Global Hybrid Rice Seeds Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Global Hybrid Rice Seeds Market is estimated to be USD XX million in 2017 and predicted to rise to USD XX million by 2022 with a CAGR of XX%. The market is segmented by Product type (3-line Breeding Systems, 2-line Breeding Systems), Distribution Channel (Retailers, Convenience Stores, Online, Supermarket & Hypermarkets, Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

Factors like demand for more yield in the available agricultural area, high-quality and high-yielding seeds used with innovative technology, growing population, decline in the arable land, changing weather conditions, modernization of agriculture, rising utilization of hybrid seeds, ensured food security, favorable government policies in the agriculture sector are driving the growth of Global Hybrid Seeds Market. However, high cost, less shelf life and lack of awareness among the farmers are hindering the growth of the market.

In product type, 3-line Breeding Systems accounted to have the largest share while 2-line Breeding Systems is expected to have fastest growing rate.

North America is expected to have the largest share in terms of revenue due to the technology advancements, less arable land and presence of market leaders in this region. However, Asia-Pacific is projected to have the fastest growing rate with high CAGR due to the demand for food with rise in population, high investments by the market leaders in this region and emerging economies like China and India.

Major companies dominating the Global Hybrid Seeds Market are Bayer Crop Science, Dupont, Nirmal Seeds, Syngenta, China National Seed Group, RiceTec, Nath, Longping High-tech, Hefei Fengle Seed and Zhongnongfa Seed. 

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