Market Size of china rice seed Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 1.83 Billion |
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Market Size (2030) | USD 2.08 Billion |
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Largest Share by Breeding Technology | Hybrids |
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CAGR (2024 - 2030) | 2.17 % |
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Fastest Growing by Breeding Technology | Hybrids |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Rice Seed Market Analysis
The China Rice Seed Market size is estimated at 1.83 billion USD in 2024, and is expected to reach 2.08 billion USD by 2030, growing at a CAGR of 2.17% during the forecast period (2024-2030).
1.83 Billion
Market Size in 2024 (USD)
2.08 Billion
Market Size in 2030 (USD)
2.10 %
CAGR (2017-2023)
2.17 %
CAGR (2024-2030)
Largest Market by Breeding Technology
60.36 %
value share, Hybrids, 2023
The largest share of hybrids is due to their high area under cultivation for all hybrid crops and their advantages, such as disease resistance, high yield, and wider adaptability.
Fastest-growing Market by Breeding Technology
2.19 %
Projected CAGR, Hybrids, 2024-2030
The fastest growth of hybrids is associated with their characteristics, such as high yield and disease resistance, along with the development and approval of transgenic hybrid varieties.
Leading Market Player1
7.04 %
market share, Zhongnongfa Seed Industry Group Co. Ltd, 2022
It is one of the largest companies producing rice seeds. It is also expanding its operations through partnerships with global players and product innovations for local climatic conditions.
Leading Market Player2
5.06 %
market share, Anhui Tsuen Yin Hi-Tech Seed Industry Co. Ltd, 2022
It is a local seed company in China with a rich portfolio of hybrid rice. Indica-type super hybrid rice seeds are cultivated in 16 major rice-producing provinces in the country.
Leading Market Player3
4.68 %
market share, Yuan Longping High-Tech Agriculture Co. Ltd, 2022
It is one of the leading rice seed companies with a wider portfolio in the rice seed segment. The company is primarily focused on product innovation and partnerships.
Open-pollinated varieties and hybrid varieties of rice seeds held almost equal markets in China, and the ability of hybrid rice seeds to resist various diseases is driving the market
- In China, open-pollinated varieties and hybrid derivatives (OPVs) dominated the market, which accounted for about 65.7% of the market in 2022. It is associated with the high volume of seed requirements for planting and low-cost seeds compared to hybrids.
- The low cost of open-pollinated varieties, high adoption to local conditions, options for farm-saved seeds, and timely non-availability of hybrids are projected to drive the demand for open-pollinated and hybrid derivative rice seeds in China during the forecast period.
- Hybrid rice seeds accounted for 34.3% of the market value in China’s rice seed market in 2022. These hybrid rice seeds offer high-yielding characteristics and resistance to biotic and abiotic stresses.
- In the Chinese hybrid rice seed market, transgenic hybrids accounted for the market share of 83.3% in 2022 due to their resistance to major Lepidopteran insect pests and tolerance to common herbicides. Therefore, the demand for hybrids is expected to increase in the country during the forecast period.
- In the transgenic hybrid category, the majority share of the market was held by insect-resistant transgenic hybrids. This is primarily because, in China, insect-resistant transgenic traits are the only genetically modified rice crops that have received approval for commercial cultivation.
- In China, non-transgenic hybrids accounted for 16.7% of the hybrid rice seed market value in 2022. The market increased by 10.4% between 2017 and 2022, mainly due to the high adaption of hybrid seeds compared to traditional or inbreed seeds in the country.
- The growing area under cultivation of rice and the respective benefits of the OPV and hybrid seeds are anticipated to drive the market during the forecast period.
Understand The Key Trends Shaping This Market
