Market Trends of philippines seed Industry
Rice accounted for the largest share of cultivation area in the Philippines, driven by its consistent demand as a staple crop
- The Philippines has a diverse range of row crops cultivated across the country. It dedicated 7.7 million hectares to row crop cultivation, which accounted for 87.4% of the total cultivation area in the country in 2022. There is a rising demand for row crops in the country due to demand from international and domestic markets. As a result, the cultivation area of row crops in the country increased by 0.8% between 2017 and 2022.
- Grains and cereals are the largest segment by cultivation area. They accounted for 96.0% of the overall row crops cultivation area in 2022. The area under the grains and cereals increased by 0.8% between 2017 and 2022, owing to the rise in demand from local and international markets for row crops, driven by domestic consumption and export opportunities. Rice is the major row crop grown in the Philippines. The area under rice cultivation accounted for 62.6% of the total area for row crops in 2022, which increased from 4.81 million hectares in 2017 to 4.83 million hectares in 2022. This is because rice is a staple food in the country, and the continuous demand for rice to meet daily nutritional needs drives the expansion of rice cultivation. At the same time, the area under corn cultivation increased from 2.55 million hectares in 2017 to 2.58 million hectares in 2022 due to the increased demand for corn in the feed and food industries.
- Adopting modern agricultural techniques, such as improved irrigation methods, using high-yield varieties, and applying better pest and disease management practices are attracting row crop farming in the country. Therefore, the growing demand from international and domestic markets is estimated to drive the country's expansion of row crop cultivation acreage.
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Carrot and pea cultivation in the country experienced a significant rise in seed adoption, with traits such as disease resistance and quality attributes being highly preferred
- Carrot is one of the essential brassicas grown widely in the Philippines. Varieties with quality traits such as size, shape, and color of the carrot, disease resistance, early maturing, heat tolerance, long storage capacity, and high carotene pigmentation are the major cultivated traits in the country. There is a high demand for good skin colors such as orange, yellow, and white, resistant to the Alternaria blight disease. Bayer AG and Syngenta AG offer seed varieties that help in uniformity, bolting tolerance, producing different colors, and broader adaptability with varying soil conditions. Furthermore, wider adaptability is a major trait for both crops due to changes in weather and soil conditions and the demand for high yield during unfavorable situations.
- Peas are another major vegetable in the unclassified vegetable segment. Varieties with disease resistance (especially to powdery mildew and rusts), tolerance to abiotic conditions such as temperature variations, and other quality traits such as the size of the pod, the number of pods, and early, mid, and late season cultivars, are primarily preferred. Bayer AG offers the product brand Seminis with the ability to resist bean yellow mosaic virus and powdery mildew. Additionally, the Seminis brand offers uniformity, sweetness, smoothness, and stringless pods for higher yearly yields.
- Quality attributes have the highest demand among carrot growers to fetch higher prices, and disease resistance is preferred by the peas-producing farmers for high yield and lower crop losses. Therefore, these trends are expected to help the growth of the vegetable seeds market, especially carrots and peas, during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The increase in the area of cultivation, especially Roots and Bulbs and Solanaceae crops, is driving the Philippines vegetable seed market
- Tomato, pumpkin, and squash are the major vegetable crops grown in the Philippines, with the increasing demand for disease resistance, pest resistance, quality, and quantitative traits
- Rice and corn are major crops cultivated in the Philippines, with increasing demand for disease resistance, pest tolerance, and other wide adaptability varieties
- Traditional breeding is a widely adopted strategy in the Philippine row crop seed market because it is a more sustainable and cost-effective option for farmers
