South And Southeast Asia Seed Market Size and Share

South And Southeast Asia Seed Market Summary
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South And Southeast Asia Seed Market Analysis by Mordor Intelligence

The South and Southeast Asia seed market size reached USD 6.80 billion in 2025 and is projected to expand to USD 9.19 billion by 2030, advancing at a 6.2% CAGR during the forecast period. Robust growth is fueled by sustained government subsidies for climate‐resilient hybrids, rapid urbanization that lifts demand for uniform fresh produce, and steady technology upgrades in seed packaging and delivery. Hybrid penetration rose sharply in rice, maize, and key vegetable crops as subsidy programs shaved 30%–50% off seed costs for smallholders. Retail consolidation across India, Thailand, and the Philippines stimulated near-continuous vegetable seed turnover because supermarket chains now contract farmers for specific varieties with tight color and size specifications. Parallel innovations, such as bamboo bio-capsule packs that cut moisture ingress by 85% and drone-guided seed placement that achieves 95% accuracy, are raising overall seed use efficiency. Together, these factors tighten links between plant genetics and supply-chain performance, reinforcing a virtuous cycle of productivity gains and higher input spend across the region.

Key Report Takeaways

  • By crop type, grains and cereals led with 38.5% revenue share of the South and Southeast Asia seed market in 2024, while vegetables are forecast to post the fastest 8.6% CAGR through 2030.
  • By product type, Non-GM hybrids accounted for 52.1% of the South and Southeast Asia seed market share in 2024; GM seeds are set to advance at an 11.4% CAGR to 2030.
  • By geography, India commanded 44.3% of the South and Southeast Asia seed market size in 2024, whereas Vietnam is projected to register the highest 9.8% CAGR between 2025 and 2030.
  • By company concentration, the top five suppliers controlled a majority share of the South and Southeast Asia seed market in 2024; Bayer CropScience held the largest single share.

Segment Analysis

By Crop Type: Grains Anchor Value as Vegetables Accelerate

Grains and cereals commanded 38.5% of the South and Southeast Asia seed market in 2024, fueled by rice and maize demand across India, Vietnam, and the Philippines. The South and Southeast Asia seed market size for grains and cereals is projected to expand at a 6.1% CAGR, supported by mechanization-ready hybrids and bioethanol policy tailwinds. Rice hybrid adoption surpassed 2.3 million farmers in Bangladesh and Vietnam, while Thailand and the Philippines raised maize hybrid use by 12% to meet feed needs. Pulses and oilseeds deliver steady 7.9% growth as India scales nutrition initiatives that boost chickpea and lentil acreage. Specialty crops like dragon fruit in Vietnam and durian in Thailand exhibit double-digit demand upswings, signaling diversification opportunities for breeders.

Vegetables represent the fastest-growing segment and are forecast to log an 8.6% CAGR through 2030, powered by organized retail and dietary shifts toward fresh produce. Leafy greens, tomato, and chili hybrids dominate, but emerging demand for colored capsicum, baby corn, and zucchini reflects palate diversification in metro areas. Replacement cycles approach one season in hydroponic setups, multiplying seed sales frequency. Vegetable growers benefit from premium price realization, crowding investment toward disease-resistant and long-haul transport varieties. These dynamics reinforce vegetables as the primary accelerator of value within the South and Southeast Asia seed market.

South And Southeast Asia Seed Market: Market Share by Crop Type
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By Product Type: Hybrids Maintain Lead as GM Traits Gain Traction

Non-GM hybrids held 52.1% of the South and Southeast Asia seed market share in 2024 on the back of established regulatory clarity and broad farmer familiarity. Performance traits like drought tolerance and uniform maturation encourage continuous hybrid upgrade cycles among commercial grain growers. Varietal and open-pollinated seed retained a 29.6% share, mainly within organic and self-sufficient systems that prioritize seed saving over input spend. Still, rising labor costs push even smallholders toward hybrid maize and rice for their shorter crop durations.

GM seeds, although only a fraction of the current volume, are projected to post the segment’s fastest 11.4% CAGR to 2030. The Philippines approved Golden Rice in 2024, opening a new front for biofortified crops. Bangladesh expanded Bt brinjal to 50,000 growers, citing 30% yield uplift and 80% pesticide reduction. India’s Bt cotton remained a mainstay on more than 12 million hectares, while Indonesia and Thailand continued to evaluate biotech adoption frameworks. The South and Southeast Asia seed market size attributable to GM traits could double by 2030 if regulatory pipelines accelerate and trait royalties remain farmer-friendly.

South And Southeast Asia Seed Market: Market Share by Product Type
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Geography Analysis

India underpins the regional scale with a 44.3% share of the South and Southeast Asia seed market in 2024, driven by extensive hybrid portfolios and government subsidy granularity. Seed replacement hit 45% in rice and 85% in maize, rising in tandem with mechanization and contract farming. Bayer expanded its Dekalb corn R&D hub in Hyderabad, and Syngenta released climate-smart vegetable lines adapted to high‐temperature zones. Domestic champions Nuziveedu and Kaveri plowed more than USD 150 million into cotton and rice breeding in 2024. These investments cement India as both a consumption and innovation nucleus within the South and Southeast Asia seed market.

Southeast Asian markets deliver the highest incremental growth. Vietnam is forecast at a 9.8% CAGR, propelled by 75% hybrid rice coverage and a strategic export drive for fruits and vegetables. Thailand leverages its well-oiled export logistics, recording seed export revenues of USD 280 million in 2024 and targeting premium vegetable lines for Japanese and European buyers. The Philippines accelerates GM adoption with three new biotech approvals in 2024, broadening trait diversity and boosting grower margins. Indonesia, despite hosting 47 million hectares of farmland, remains underpenetrated at sub-30% hybrid use, offering latent upside once biosafety regulations are clarified and distribution grids are densified.

Bangladesh and Pakistan occupy middle tiers in size yet exhibit distinct trajectories. Bangladesh rides a hybrid rice and vegetable momentum, clocking 9.8% annual growth even as it confronts rising saline intrusion along coastal croplands. Pakistan’s 10.4% share is tempered by currency volatility and import curbs that slow access to novel genetics. Myanmar rounds out the regional picture as an emergent frontier with an 8.5% projected CAGR, predicated on ongoing agrarian reforms and donor-backed input subsidies, but political headwinds may impede full market realization.

Competitive Landscape

The South and Southeast Asia seed market is moderately concentrated: the top five players claim 47.8% collective share. Bayer leads at 14.2% and differentiates through digitized traceability partnerships and multistack trait integration. Syngenta ranks second at 11.8% and refocused on core breeding after divesting FarMore seed treatment technology to Gowan SeedTech for USD 150 million in December 2024, a move designed to streamline R&D spend toward vegetable and specialty crop pipelines.

East-West Seed, although regionally focused, wields deep breeder–farmer linkages and commands a sizable vegetable share across Thailand, Vietnam, and the Philippines. The company raised USD 25 million in Series C funding in November 2024 to extend climate-resilient breeding infrastructure. Domestic firms such as Nuziveedu and Kaveri defend cotton and rice strongholds in India through localized germplasm and extensive dealer networks. Agritech newcomers deploy AI breeding algorithms that claim to trim development cycles by two years, positioning them as future disruptors within the South and Southeast Asia seed market.

Cross-licensing and public–private partnerships proliferate as firms chase accelerated trait deployment. Advanta sealed a joint venture with Indonesian state-owned PT Sang Hyang Seri in September 2024 to build locally adapted hybrid rice destined for two million hectares of paddy land. Such collaborations offer regulatory muscle and route-to-market leverage, imperative in jurisdictions with multi-layer approval gates. Overall, the competitive narrative reflects parallel races in genetics, digital enablement, and farmer services that collectively amplify the South and Southeast Asia seed market’s innovation tempo.

South And Southeast Asia Seed Industry Leaders

  1. Bayer CropScience Limited

  2. Syngenta AG

  3. East-West Seed International B.V.

  4. Advanta Seeds International

  5. Nuziveedu Seeds Limited

  6. *Disclaimer: Major Players sorted in no particular order
South and Southeast Asia Seed Market Concentration
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Recent Industry Developments

  • January 2025: Bayer CropScience introduced Vyconic soybean in Thailand, combining pest resistance and blockchain traceability for an initial 150,000-hectare rollout that targets USD 45 million revenue by 2027.
  • November 2024: Nuziveedu Seeds has launched NP-8912, a new paddy variety that combines high yield potential with early maturity. Featuring strong disease resistance and wide adaptability.
  • May 2023: Bangladesh’s National Committee on Biosafety (NCB) approved the field release of two Bt cotton hybrids, JKCH 1947 Bt and JKCH 1050 Bt.

Table of Contents for South And Southeast Asia Seed Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Subsidies Drive Climate-Resilient Hybrid Adoption
    • 4.2.2 Organized Retail Networks Reshape Vegetable Seed Demand
    • 4.2.3 Technology Innovations Enable Precision Seed Delivery
    • 4.2.4 Rapid Vegetable Seed Replacement in Peri-Urban Farming
    • 4.2.5 Carbon-Credit Financed Regenerative Seed Programs
    • 4.2.6 Drone-Based Direct Seeding Bundles Proprietary Varieties
  • 4.3 Market Restraints
    • 4.3.1 Persistent Informal Seed Networks Limit Commercial Penetration
    • 4.3.2 Regulatory Bottlenecks Constrain GM Seed Rollout
    • 4.3.3 Microplastic Regulations Challenge Seed Film-Coatings
    • 4.3.4 Cross-Border Counterfeit Seed Proliferation
  • 4.4 Technological Outlook
  • 4.5 Regulatory Landscape
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Crop Type
    • 5.1.1 Grains and Cereals
    • 5.1.2 Pulses and Oilseeds
    • 5.1.3 Cotton
    • 5.1.4 Vegetables
    • 5.1.5 Other Seeds
  • 5.2 By Product Type
    • 5.2.1 Non-GM Hybrid Seeds
    • 5.2.2 GM Seeds
    • 5.2.3 Varietal/Open-Pollinated Seeds
  • 5.3 By Geography
    • 5.3.1 Bangladesh
    • 5.3.2 Pakistan
    • 5.3.3 India
    • 5.3.4 Nepal
    • 5.3.5 Vietnam
    • 5.3.6 Indonesia
    • 5.3.7 Thailand
    • 5.3.8 Myanmar
    • 5.3.9 Philippines
    • 5.3.10 Rest of South and South East Asia

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
    • 6.4.1 Bayer CropScience Limited
    • 6.4.2 Syngenta AG
    • 6.4.3 East-West Seed International B.V.
    • 6.4.4 Advanta Seeds International
    • 6.4.5 Nuziveedu Seeds Limited
    • 6.4.6 Kaveri Seed Company Limited
    • 6.4.7 Rallis India Limited
    • 6.4.8 Bioseed Research India Private Limited
    • 6.4.9 Alamgir Seed Company
    • 6.4.10 Lal Teer Seed Limited
    • 6.4.11 Venus Agro Seeds Private Limited
    • 6.4.12 Mahyco Private Limited
    • 6.4.13 Technisem
    • 6.4.14 Known-You Seed Co., Ltd.
    • 6.4.15 Chia Tai Company Limited

7. Market Opportunities and Future Outlook

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South And Southeast Asia Seed Market Report Scope

A seed is the ripened fertilized ovule of a flowering plant containing an embryo and is generally capable of germination to produce a new plant. For this report, seeds have been defined as seeds for sowing at the farmer level. In this report, market sizing has been done at the farmer's level. The report provides an in-depth analysis of various parameters of the seeds market. The South and Southeast Asian seeds market is segmented by crop type (grains and cereals, pulses and oilseeds, cotton, vegetables, and other seeds), product type (non-GM/hybrid seeds, GM seeds, varietal seeds, and plant growth regulators), and geography (Bangladesh, Pakistan, India, Nepal, Vietnam, Indonesia, Thailand, Myanmar, Malaysia, Philippines, and Rest of South and Southeast Asia). The report offers market size and forecasts for the seed industry in volume (Metric Ton) and in value (USD).

By Crop Type
Grains and Cereals
Pulses and Oilseeds
Cotton
Vegetables
Other Seeds
By Product Type
Non-GM Hybrid Seeds
GM Seeds
Varietal/Open-Pollinated Seeds
By Geography
Bangladesh
Pakistan
India
Nepal
Vietnam
Indonesia
Thailand
Myanmar
Philippines
Rest of South and South East Asia
By Crop Type Grains and Cereals
Pulses and Oilseeds
Cotton
Vegetables
Other Seeds
By Product Type Non-GM Hybrid Seeds
GM Seeds
Varietal/Open-Pollinated Seeds
By Geography Bangladesh
Pakistan
India
Nepal
Vietnam
Indonesia
Thailand
Myanmar
Philippines
Rest of South and South East Asia
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Key Questions Answered in the Report

How large is the South and Southeast Asia seed market in 2025?

The market is valued at USD 6.80 billion in 2025 with a projected rise to USD 9.19 billion by 2030 at a 6.2% CAGR.

Which country leads regional seed sales?

India commands 44.3% of total revenues due to expansive hybrid adoption programs and a mature domestic seed sector.

What crop segment is growing fastest in the region?

Vegetable seeds are set to post an 8.6% CAGR through 2030, outpacing grains and other segments as urban diets shift toward fresh produce.

Are GM seeds widely adopted in South and Southeast Asia?

Adoption is uneven; the Philippines and Bangladesh advance quickest, while Indonesia and Thailand maintain restrictive approval processes.

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