Market Size of Nepal Seed Sector Analysis
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Nepal Seeds Market Analysis
The Nepalese seed market is forecast to record a CAGR of 3.5% during the forecast period (2020-2025).
- There is an increase in hybrid seed usage to achieve food security in the region. The increase in population, shrinkage in arable land, and rapid increase in urbanization are some of the factors that are likely to limit food production in the country.
- Favorable government policies supporting the Intellectual Property Rights (IPR) of domestic seed varieties and seed production are some of the factors driving the market growth for the seeds sector in the country.
- UPL Limited, National Seed Vision Company Limited, CGNS Seeds Pvt. Ltd, and Sarba Shrestha Seeds are some of the major players who are operating in this market.
