Vietnam Seed Sector Analysis - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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

Market Snapshot

Market snapshot
Study Period: 2016 - 2026
Base Year: 2021
CAGR: 8.2 %

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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
Other Grains and Cereals
Sweet Potatoes

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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.

Vietnam Seed Sector Analysis

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.

Vietnam seed sector analysis

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.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    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


    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


    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


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Frequently Asked Questions

The Vietnam Seed Sector Analysis market is studied from 2016 - 2026.

The Vietnam Seed Sector Analysis is growing at a CAGR of 8.2% over the next 5 years.

Vietnam Syngenta Co Ltd, Takii Seed Vietnam, Sakata Vietnam Co. Ltd., Vilmorin & Cie, Vinaseed are the major companies operating in Vietnam Seed Sector Analysis.

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