Published Date : 05 Feb 20 | Views: 55 | Industry : Food & Beverages
Short Size Segment to Grab Remarkable Market share due to Water Shortage Problems in Some Regions
The market is segmented in to grain size and duration segments. Based on grain size the market is segmented into Short Size, Medium Size, and Long Size. Short size segment of Hybrid Rice Seeds market require low amount of irrigation. This has prompted its adoption in regions that are facing water shortage and drought. This particular factor is expected to fuel the growth of the short size segment. The duration segment of the market is divided into 141 days and above, 111 to 140 days, and Up to 110 days.
Growing Consumption of Rice in China to Boost the Growth of the Market
The increasing consumption of rice particularly in China and India is likely to fuel the growth of the market. China is the largest producer of Hybrid Rice and has increased investment in the development of phase V Hybrid Rice Seeds for increasing crop production. Enhanced hybrid seeds of rice can withstand harsh climatic conditions and are increasingly being adopted to maximize the crop yield.
Market Players to Focus on Enhancing the Grain Quality
Some of the key players operating in the market are Syngenta, DowDuPont, Nath, Bayer CropScience, Advanta, Longping High, Nirmal Seeds, WIN-ALL HI-TECH SEED, Hainan Shennong Gene, China National Seed Group, Zhongnongfa Seed, and Hefei Fengle Seed. Market players are keen to enhance the Hybrid Rice Seed breeding process to boost the quality of grain and production.
Plantation of Hybrid Rice Seeds for Improving Crop Yield to Drive the Growth of the Market
An increasing need to boost rice production has resulted in the adoption of hybrid seeds of rice for cultivation. Rice is a staple food in several parts of the world as it is a natural source of protein. Plantation of a variety of hybrid rice seeds with increasing usage of fertilizers and other agricultural inputs to optimize crop yield is expected to have a positive impact on the growth of the market. Cultivation of hybrid seeds of rice is largely benefitting farmers to combat the water crisis in drought-hit regions, which is anticipated to drive the growth of the market.