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The report titled “Asia-Pacific Seed Industry Outlook to 2016 - Surging adoption of Hybrid Seeds” provides a comprehensive analysis of the various aspects such as market size of commercial seeds in countries such as China, India, Japan, Australia and Rest of Asia-Pacific. The report also provides an outlay of the major seeds in these prominent markets. http://www.bharatbook.com/agricultural-products-market-re...
The seed market in the region has grown remarkably over the past few years due to the increasing population and government initiatives to support and increase the agricultural production to meet the requirement for food products in the region. The seed market in Asia has grown at a CAGR of 9.2% from USD ~ million in 2005 to USD ~ million in 2011.
The Asia-Pacific seed market has been dominated by the market in China. The contribution of China has grown from ~% in 2005 to `% in 2011. The market in the country was primarily buoyed by favorable government policies to uplift the agricultural sector. The commercial seeds market in China in 2010 was recorded to be at USD ~ million of which grain seeds (rice, wheat and corn), vegetable and fruit seeds and cotton seeds accounted for over ~% of the total market in Asia-Pacific.
The Indian market has experienced a trajectory of development over the past few years. This development was majorly in the form of adoption of hybrid seeds in order to suffice the demand for agricultural food products in the country. The value of commercial seed sales in India has increased by ~% to USD ~ million in 2011 after two years of consecutive slowdown in the market primarily due to an economic downturn and dearth of funds in the hands of the agriculturists.
It has been observed that since 2006 the market has been declining year on year. The market in Japan in 2011 further declined by ~% to USD ~ million due to the occurrence of several uncertain events and natural disasters.
The market entered into depression in 2008 and since then the market has been on a declining spell. In 2009, the market however recorded a positive growth rate but was offset again in 2010 and this trend continued till the previous year i.e. 2011.
The seed market in Asia-Pacific is shared amongst more than ~ small and large seed producers and marketers. Majority of the stakes in the market are held by the small and domestic players The global giants such as Dupont- Pioneer accounted for around ~% of the overall seed sales in Asia-Pacific in 2011.
Overall, the Asia-Pacific region is expected to project better growth prospects on account of the prevailing opportunities in the market. Large producers and marketers are anticipated to enter into alliances with domestic or local seed producers with an aim to scale up into the largest markets in the world.
For more information kindly visit :
Asia - Pacific Seed Industry Outlook to 2016 - Surging Adoption of Hybrid Seeds
by S. C.
16 july 2012, World News > Asia