Vietnam Seed Sector Analysis – Growth, Trends, and Forecast (2020 - 2025)

The Vietnamese Seed Sector Market is Segmented by Product, Crop, and Geography.

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

8.2 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Vietnamese seed market is estimated to register a CAGR of 8.2% during the forecast period (2020-2025). The Vietnamese seed market is highly competitive, as well as consolidated as the top eight companies in the country account for around 80% of the seed market. There are more than 260 local seed companies in Vietnam, but only five of them produce seeds on a commercial scale, as other companies don’t have funds to invest in research and development of new varieties of seeds.

Scope of the Report

A seed is the ripened fertilized ovule of a flowering plant containing an embryo and capable normally of germination to produce a new plant. For the purpose of this report, seeds have been defined as the seeds for sowing at farmer level. In this report, market sizing has been at the farmer level. The report provides an in-depth analysis of various parameters of the seeds market. The market has been segmented based on the type of product as well as crops. Also, relevant sub-segmentations have been discussed in the report.

Grains and Cereals
Rice
Maize
Soybeans
Other Grains and Cereals
Vegetables
Cassava
Sweet Potatoes
Cabbages

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increase in FDI in the Vietnamese Agriculture Sector

Although FDI inflows to the agricultural sector account for a small portion of the total foreign investment in Vietnam, the Vietnamese agricultural sector has great potential, as FDI inflows in the sector grew gradually, from 0.6% in 2012 to 1.2% in 2016, according to the Ministry of Planning and Investment, Vietnam.

To understand key trends, Download Sample Report

Grains and Cereals Segment is Leading the Vietnamese Seed Industry

The grains and cereals segment of the Vietnamese seed market is likely to witness a healthy CAGR of 8.2% during the forecast period (2020-2025). As the world’s fifth-largest rice-producing country in the world, Vietnam has taken the absolute initiative in the self-supply of rice varieties. Most of the rice products exported by the Mekong Delta are produced in Vietnam. Out of the seven major hybrid rice varieties being exported at present, only the Jasmine variety is imported from abroad.

To understand geography trends, Download Sample Report.

Competitive Landscape

The Vietnamese seed market is highly competitive and consolidated, as the top eight companies account for about 80% of the market share. There are more than 260 local seed companies in Vietnam, but only five of them produce seeds on a commercial scale. This is primarily due to the low availability of funds to invest in R&D of new varieties of seeds. Companies, such as Takii, Sakata, and Vilmorin, operate through their subsidiaries and rely on local companies for the distribution of their products.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of Substitute Products

      4. 4.4.4 Threat of New Entrants

      5. 4.4.5 Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Grains and Cereals

      1. 5.1.1 Rice

      2. 5.1.2 Maize

      3. 5.1.3 Soybeans

      4. 5.1.4 Other Grains and Cereals

    2. 5.2 Vegetables

      1. 5.2.1 Cassava

      2. 5.2.2 Sweet Potatoes

      3. 5.2.3 Cabbages

    3. 5.3 Other Crops

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Vietnam National Seed Joint Stock Company (Vinaseed)

      2. 6.3.2 Southern Seeds Joint Stock Company

      3. 6.3.3 Thai Binh Seeds Corporation

      4. 6.3.4 Pioneer Hi-bred Vietnam Ltd

      5. 6.3.5 Dekalb Vietnam Company Ltd (Monsanto)

      6. 6.3.6 East-West Seed Vietnam Company Ltd

      7. 6.3.7 Trang Nong Seeds Company Ltd

      8. 6.3.8 Green Seeds Inc.

      9. 6.3.9 Vilmorin & Cie

      10. 6.3.10 Tan Nong Phat Seed Co. Ltd

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Related Reports