Pakistan Seed Market Size
| Study Period | 2017-2027 |
| Base Year For Estimation | 2022 |
| Market Size (2023) | USD 392.88 Million |
| Market Size (2028) | USD 506.22 Million |
| CAGR (2023 - 2028) | 5.20 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Pakistan Seed Market Analysis
The Pakistan Seed Market size is expected to grow from USD 392.88 million in 2023 to USD 506.22 million by 2028, at a CAGR of 5.20% during the forecast period (2023-2028).
- An increase in hybrid seed penetration is anticipated in multiple crops to address the rising food demand-supply mismatch in the country. Due to a decrease in arable land and a constant increase in population, the per capita arable land has declined. These factors, along with poor crop productivity, are likely to create pressure on the food supply in the country.
- The seed sector in Pakistan is characterized by agitation between archaic regulations and entrepreneurs in the growing market. All critical aspects of the system, such as licensing of seed producers, variety release procedures, access to public germplasm, quality control, intellectual property rights (IPRs), imports, and exports, are all governed by laws and rules framed several decades ago for a system dominated by public-sector enterprises. However, seed law amendments and the introduction of new laws to propagate biotech seeds can be promising steps toward formalizing the informal sector.
- In Pakistan, hybrid seed penetration is the highest in cotton, with hybridization almost reaching saturation as Bt cotton is sown over 95% of the cotton-producing area in the country. Hybridization in corn, paddy, and vegetables is increasingly gaining momentum and is estimated to drive the sector growth during the forecast period.
- Pakistan is a member of the World Trade Organisation (WTO) and is obligated to provide a mechanism to protect plant varieties. Pakistan is also a member of the International Treaty on Plant Genetic Resources for Food and Agriculture, which recognizes the right of farmers to save, use, exchange, and sell farm-saved seeds. Accordingly, Pakistan adopted the Plant Breeders' Rights Act to encourage the development of new plant varieties and protect the rights of breeders of such types, thus attracting local and foreign investment in research, technology, and development, in the seed industry. The act also respects the right of farmers to save, use, exchange, and sell farm-saved seeds, a practice that is the backbone of the agricultural system and the main channel through which farmers access sources in most developing countries.
Pakistan Seed Market Trends
This section covers the major market trends shaping the Pakistan Seed Market according to our research experts:
Decrease In Arable Land
The arable land in Pakistan was reduced from 2017 to 2020. The total arable land in Pakistan in 2017 was around 31,210,000 hectares condensed and reached 30,930,000 hectares in 2020. As a result of population expansion and a steady land degradation rate, the per capita land is anticipated to decrease in the future. The decreasing per capita availability of arable land is a significant concern for agricultural production in Pakistan. However, it is considered to be a driver for the seed industry.
The need to increase production from the fluctuating arable land to get higher returns can be met using HYVs and hybrid varieties. This trend encourages farmers to shift their focus from conventional seed sources to packaged seeds, which promise better returns. Hence, to meet the increasing food demand, the production of crops, such as cereals and pulses, needs to increase despite the limited availability of arable land. This has propelled the farmers in the country to adopt high-yielding varieties to produce more within the little available land. This, in turn, drives the growth of the market.
The fluctuating arable land encourages corporations and farmers to pool their resources for contract farming, especially potato and maize crops in Pakistan. The increasing contract farming practices help converge a large set of farmers to one point for seed selection. This maintains uniformity in the produce, thereby assisting the seller in obtaining sustainable demand and augmenting the bulk sale of seeds.
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Open Pollinated Seeds Dominates the Market
In 2020, the Maize and Millets Research Institute (MMRI) in Yousafwala, one of the leading maize research institutes in Pakistan, released four open-pollinated varieties (OPVs) sourced from CIMMYT. The varieties, named Gohar-19, CIMMYT-PAK, Sahiwal Gold, and Pop-1, are the new additions to Pakistan's maize variety list. These varieties are of short duration, and can be harvested quickly to rotate land for the next crop. They can also be grown in the main and off-season, which makes them suitable for many different cropping systems.
According to a study by the International Maize and Wheat Improvement Center (CIMMYT), Pakistan in 2020, maize is considered the third most important cereal crop in the country, and its area is increasing at a steady rate by substituting various crops in its non-core area. Around 30% of the land cultivating maize is used for hybrids, while 70% cultivates open-pollinated varieties (OPVs). The farmers in the country, are poor and they prefer to use open-pollinated varieties over hybrid varieties due to the high prices of hybrid varieties. This is further driving the growth of the market.
The Variety Evaluation Committee (VEC) on Rice of Pakistan Agriculture Research Council (PARC) in 2020, introduced an open-pollinated rice variety for commercial cultivation across the rice-growing areas of the country to promote the crop output. Furthermore, in 2020 the Maize & Millets Research Institute introduced Pop-1, the first approved popcorn variety recommended for general cultivation. This variety was found to be moderately resistant to stalk rot caused by Fusarium moniliform during two seasons and shows resistance against the disease. The approval of this variety is also aiding the country in reducing imports.
In recent years, the trend of home production of vegetables is increasing throughout the country. Though the number of garden supply stores has multiplied in the country, the gardeners in the country are finding it difficult to source seeds. Therefore, they are opting for open-pollinated seeds areas that are more readily available than hybrid seeds. This is further augmenting the growth of the market.
Pakistan Seed Industry Overview
The Pakistan Seed Market is fragmented, with numerous local and international players. Bayer Crop Science Pakistan (Pvt.) Ltd., ICI Pakistan (Pvt.) Ltd, Four Brothers Seeds Corporation, Jullundur Private Limited, and Allahdin Group are some major players operating in the market. The players are investing in new products and improvisation of products, partnerships, expansions, and acquisitions for business expansions.
Pakistan Seed Market Leaders
Bayer Crop Science Pakistan (Pvt.) Ltd.
ICI Pakistan (Pvt.) Ltd
Four Brothers Seeds Corporation
Jullundur Private Limited
Allahdin Group
*Disclaimer: Major Players sorted in no particular order
Pakistan Seed Market News
- October 2022: Pakistan government announced a unique package of Rs 1,800 billion (USD 7.98 Billion) to promote the agriculture sector, including providing free seeds and affordable loans and bringing down the prices of fertilizers and electricity for tubewells.
- September 2022: The government announced to spend of Rs 20 billion (USD 0.09 million) on the production of high-quality seeds of cotton and the development of climate-resilient production technologies in a bid to revive the crop, which has suffered due to climate change and the use of substandard seeds in recent years.
- June 2022: The federal government allocated Rs 21 billion (USD 0.09 Billion) in 2022-23 under a three-year Growth Strategy for improving the output of crops and livestock, countering climate change impact, promoting smart agriculture, value-addition, and agro-processing. It has also announced Rs11bn (USD 0.05 Billion) for providing the latest machinery, laser land-levelers, and quality seeds for the agriculture sector and enhancing exports of farm produce.
Pakistan Seed Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Transgenic
5.1.2 Non-transgenic
5.1.3 Open Pollinated
5.2 Crop Type
5.2.1 Grains and Cereals
5.2.1.1 Rice
5.2.1.2 Wheat
5.2.1.3 Corn
5.2.1.4 Other Grains and Cereals
5.2.2 Oilseeds
5.2.2.1 Cotton
5.2.2.2 Sunflower
5.2.2.3 Rapeseed
5.2.2.4 Other Oilseeds
5.2.3 Vegetables
5.2.3.1 Solanaceae
5.2.3.2 Cucurbit
5.2.3.3 Roots and Bulbs
5.2.3.4 Brassica
5.2.3.5 Other Vegetables
5.2.4 Other Seeds
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Bayer Crop Science Pakistan (Pvt.) Ltd
6.3.2 ICI Pakistan (Pvt.) Ltd
6.3.3 Four Brothers Seeds Corporation
6.3.4 Rashid Seeds
6.3.5 Sky Seeds
6.3.6 Jullundur Private Limited
6.3.7 Haji Sons
6.3.8 AllahDin Group
6.3.9 Ali Akbar Group
6.3.10 Pak Hi-Bred Seed
6.3.11 Star Seed Company
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Pakistan Seed Industry Segmentation
A Seed is the small hard part of a plant from which a new plant of the same kind can grow. The study includes commercial seeds for sowing for various crop categories, including grains and cereals, vegetables, and oilseeds. The Pakistan Seed Market is segmented by Product Type (Transgenic, Non-transgenic, and Open Pollinated) and Crop Type (Grains and Cereals, Oilseeds, Vegetables, and Other Seeds). The report offers market sizing and forecasts in value (USD Thousand) for all the above segments.
| Product Type | |
| Transgenic | |
| Non-transgenic | |
| Open Pollinated |
| Crop Type | |||||||
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| Other Seeds |
Pakistan Seed Market Research FAQs
How big is the Pakistan Seed Market?
The Pakistan Seed Market size is expected to reach USD 392.88 million in 2023 and grow at a CAGR of 5.20% to reach USD 506.22 million by 2028.
What is the current Pakistan Seed Market size?
In 2023, the Pakistan Seed Market size is expected to reach USD 392.88 million.
Who are the key players in Pakistan Seed Market?
Bayer Crop Science Pakistan (Pvt.) Ltd., ICI Pakistan (Pvt.) Ltd, Four Brothers Seeds Corporation, Jullundur Private Limited and Allahdin Group are the major companies operating in the Pakistan Seed Market.
Pakistan Seed Industry Report
Statistics for the 2023 Pakistan Seed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pakistan Seed analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Pakistan Seed Market Report Snapshots
