North America Hybrid Rice Seeds Market

North America Hybrid Rice Seeds Market Size (2024 to 2032)

The North American hybrid rice seeds market was valued at USD 2.10 billion in 2023 and is anticipated to reach USD 2.23 billion in 2024 from USD 3.61 billion by 2032, estimated to be growing at a CAGR of 6.17% from 2024 to 2032.

Hybrid rice is the product formed by the cross-pollination between two genetically distinct rice parents to get the desired characteristics and products. It is mainly adopted in farming in order to increase yield, resistance against weeds, and vigor of the crops. So, with the better results from hybrid rice compared to conventional rice, there is a predominant market grown for hybrid rice seeds in modern agriculture.

When farmers plant these hybrid rice seeds, they will produce similar plants where the next generation seeds from those hybrid rice seeds consistently may not have the desired characteristics. Due to increased vigor, this rice will have a 15-30% yield advantage over the conventional rice that farmers grow. New product innovations and technology advancements in the agriculture industry, many market leaders and government organizations are investing in this market.

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

This research report on the North American hybrid rice seeds market is segmented and sub-segmented into the following categories.

North America Hybrid Rice Seeds Market By Product Type

• 3-line breeding systems
• 2-line breeding systems

North America Hybrid Rice Seeds Market By Distribution channel

• Retailers
• Convenience stores
• Online
• Supermarket & hypermarkets
• Others

COUNTRY ANALYSIS

• US
• Canada
• Mexico

KEY MARKET PLAYERS

Major companies dominating the North America 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.