Rice Seeds Market
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Understand How The Rice Seeds Market Is Set To Grow In Through 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

A Flourishing Market Landscape

  • The rice seeds market has witnessed strong growth in recent years.
  • From $7.82 billion in 2023, it is set to reach $8.53 billion in 2024, with a CAGR of 9.2%.
  • Historic growth owes to population expansion, traditional rice varieties, and government policies.

Anticipating Continued Expansion

  • Forecasted to grow to $12.21 billion by 2028, at a CAGR of 9.4%.
  • Driving factors include changing dietary habits, crop resilience, sustainable agriculture, and climate change mitigation.
  • Major trends encompass genetic engineering, high-yield varieties, digital agriculture, and sustainable practices.

Meeting Global Food Demand

  • The rising world population spurs demand for food, propelling the rice seeds market.
  • Global population expected to reach 10 billion by 2057, according to Worldometer.
  • FAO predicts a 70% increase in world food demand by 2050, fostering rice seeds market growth.

Leading Companies and Market Dynamics

  • Key players include Bayer AG, Syngenta Group, and Advanta Seeds Pty Ltd.
  • Technology breakthroughs drive productivity and quality improvements.
  • Horizon AG’s collaboration with the University of Arkansas yields the CLL18 rice variety with Clearfield technology.

Strategic Acquisitions Drive Expansion

  • Crystal Crop Protection acquires Bayer AG’s hybrid seeds business, expanding its field crop seed business.
  • Bayer AG’s hybrid seeds business enhances Crystal Crop Protection’s position in the agriculture market.

Market Segmentation and Regional Trends

  • Segmented by type, treatment, hybridization technique, grain size, and application.
  • Asia-Pacific led the market in 2023, with Europe expected to be the fastest-growing region.

Conclusion: Navigating Growth in the Rice Seeds Market

The rice seeds market navigates a path of dynamic growth amidst increasing food demand, technological breakthroughs, and strategic acquisitions. As the global population expands, the need for sustainable agriculture and resilient crops becomes paramount. Major players drive innovation through collaborations and advancements in technology, shaping the future of rice cultivation. Strategic acquisitions bolster market positions and expand business horizons. With Asia-Pacific leading the charge and Europe poised for rapid growth, the rice seeds market emerges as a key player in global agriculture.

 

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Read The Full Rice Seeds Market Report Here:

https://www.thebusinessresearchcompany.com/report/rice-seeds-global-market-report

 

The Rice Seeds Global Market Report 2024  provides an overview of the rice seeds market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The rice seeds market forecast analyzes rice seeds market size, rice seeds market share, leading competitor and their market positions.

 

The Table Of Content For The Rice Seeds Market Include:
1. Rice Seeds Market Executive Summary
2. Rice Seeds Market Segments
3. Rice Seeds Market Size And Rice Seeds Market Growth Rate
4. Key Rice Seeds Market Trends
5. Major Rice Seeds Market Drivers
……
25. Key Mergers And Acquisitions In The Rice Seeds Market
26. Top Rice Seeds Companies
27. Rice Seeds Market Opportunities And Strategies
28. Rice Seeds Market, Conclusions And Recommendations
29. Appendix

 

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