The countries studied in the South Asia seed industry include Afghanistan, Bangladesh, India, Nepal, Pakistan, and other South Asian countries, while the countries covered under the Southeast Asia seed market analysis include Cambodia, Laos, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam. The seed market is developing in these regions and the Indian seed industry is one of the mature industries, with both private and public sector playing important roles in seed production. Cultivar improvement activities, which include varietal release and varietal adoption, indicate the rate of innovation in these regions. Varietal release (including public and private) for few crops, by country, is as follows:
As per a primary discussion with an MNC representative, “Farmers in Thailand are very aggressive and have their own specific , such as, disease resistance traits, corn lodging resistance and various traits from hybrids. The farmers are brand conscious.” The Thailand seed industry is considered to be among the most advanced and well-developed industries in Asia-Pacific.
How is the seed sector developing in these regions? A report by Mordor Intelligence, a market research firm, provides an overview and analysis of various factors that impact the seed sector in these regions, covering the enabling environment, apart from a detailed analysis of the top crops of the region and their market share. The analysis clearly depicts that the seed sector of these countries has been undergoing continuous and significant changes.
Multinational companies, such as, Monsanto, Syngenta, and DuPont Pioneer, play an important role in the seed sector of these South and Southeast Asian countries. Local companies, such as, BRAC and Lal Teer in Nepal, Rallis, Advanta, Nuziveedu, etc. in India, Helal Group in Afghanistan, and Jullundhar Group in Pakistan, occupy a significant market share in South Asia. Further, Charoan Pokphand is an important local company and East West Seeds is the largest vegetable seed company with a significant market share in the region. According to a farmer named Ruperto from the Philippines, East West Seeds has played an important role in his success. He says, “The superior quality of seed has helped produce a higher yield, hence, there are better returns from the market.”
Field crops are the major focus for companies operating in South and Southeast Asia, while emphasis on vegetable crops is increasing rapidly and unrestrained vertical growth is forecasted for the coming years. An increasing number of companies are focussing on R&D and breeding to improve their product portfolio.
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