Hybrid Rice Seeds Market Witnessed CAGR of Over 6.4% During 2017-2026
The Asia Pacific hybrid rice seeds market was valued at around US$ 1,2 million in 2017 and is expected to register a CAGR of over 6.4%.
The Asia Pacific hybrid rice seeds market is segmented on the basis of type and country.
On the basis of type segmentation, 2-line breeding system segment is expected to contribute major revenue share and is expected to maintain its dominance over the forecast period.
China is expected to be world’s largest hybrid rice seed manufacturer and consumer. Rice contributes 40% to the total calorie intake of consumers in the country, which is expected to drive market growth over the forecast period.
Source: Hybrid Rice Seeds Market
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