The rice seed market is projected to grow at a CAGR of 6.53% to reach US$13.053 billion by 2024, from US$8.931 billion in 2018. Rice seeds are produced from a species of grass known as Oryza sativa (Asian rice) or Oryza glaberrima (African rice) and is expected to foresee a growth at a steady rate due to the increase in the global rice production, growing awareness regarding the effect of commercial seed on the rice yield and the increasing technological advancements in rice breeding techniques are driving the growth of the global rice seeds market in the forecast period. Besides, the growing population and availability of less arable land available with growing urbanization scientists are finding ways to gain more production with fewer resources available.
The Rice Seed Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, product, grain size, treatment, and geography.
The rice seed market has been segmented based on type, product, grain size, treatment, and geography. By type, the market has been segmented on the basis of open-pollinated rice variety and hybrid rice variety. By product, the market has been segmented as arborio, basmati, brown rice, jasmine, white rice, and others. By grain size, the market has been segmented as long-grain rice, medium-grain rice, and small-grain rice. By treatment, the market has been segmented as treated rice and untreated rice.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the rice seed market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the rice seed market.
The rice seed market has been segmented by type, product, grain size, treatment, and by geography.