5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Sri Lanka Seed Market is Segmented by Crop Type (Grains and Cereals, Vegetables, and Other Crop Types) and Product Type (Hybrid Seeds, Conventional Seeds, and Varietal Seeds)
The Sri Lankan seed market is expected to register a CAGR of 3.1% during the forecast period (2020-2025). According to the FAO, rice being the major staple crop, registered a production volume of 3,929,831 metric ton in 2018. The country's vegetable production volume was about 969,244 metric ton during the same year, which was less than that of the previous year. This created the demand for quality seeds for production. Variation in production of cereals and vegetables necessitating the requirement of quality seed for the consistent production and to increase productivity. With Sri Lanka being a large community of farmers, Rice and curry are the main food consumed thus creating the need for increased production to meet the consumption requirement.
The seed market in Sri Lanka is segmented on the basis of crop type, into grains and cereals, vegetables, and other crop types, with grains and cereals occupying the majority of the market share. It is also segmented by product type, into hybrid seeds, conventional seeds, and varietal seeds. This report provides an insight into the Industry.
|Others Crop Types|
Report scope can be customized per your requirements. Click here.
Agriculture, the mainstay of the economy, employs about 35% of the working population and contributes 21% to GDP. The majority of farmers in Sri Lanka use rice seed produced on-farm or obtained from neighboring farmers, through an informal seed supply system. This is resulting in the yield of rice crop to slightly vary over the years. In order to increase the production and productivity of the rice, quality seeds are required which implicates the demand for the seed market in Sri Lanka.
To understand key trends, Download Sample Report
Cereals have been an important part of the Sri Lankan diet. The country produced nearly 4 million tonnes of cereals in 2018. Rice, millet, maize and sorghum are some of the cereal crops grown in Srilanka. According to FAO, Rice and maize are the majorly produced crops with a production share of 93.3% and 6.4% in 2018. The country produced 3.9 million metric tons of rice in 2018 which is 1.6 metric tons more than the previous year. As rice is the staple food in Sri Lanka, the production of rice is expected to increase further. Thus, rice seeds play a key role in the Srilanka seed market.
To understand geography trends, Download Sample Report.
The overall seed market in Sri Lanka is fragmented, because of the presence of a large number of local players marketing certified seeds. The major players in the market are Tropical Seeds/OPEX Holdings, CIC Agri-Business, Hayleys Agriculture, Plantchem Pvt Ltd (Plant Seeds Private Limited), and Advanta Seeds.
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/Consumers
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 Crop Type
5.1.1 Row Crops
22.214.171.124 Other Crop Types
126.96.36.199 Pumpkin, Squash, and Gourd
188.8.131.52 Chillies and Peppers
184.108.40.206 Other Vegetables
5.1.3 Others Crop Types
5.2.1 Non-GM/Hybrid Seeds
5.2.2 GM Seeds
5.2.3 Varietal Seeds
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Tropical Seeds/OPEX Holdings
6.3.2 CIC Agri Business
6.3.3 Hayleys Agriculture Holding Limited
6.3.4 Plantchem Pvt Ltd (Plant Seeds Private Limited)
6.3.5 Advanta Seeds
6.3.6 Ascen HyVeg Pvt Ltd
6.3.7 Corteva Agriscience
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability