China Seed Market Size

China Seed Market Analysis

The China Seed Market size is estimated at 11.91 billion USD in 2024, and is expected to reach 14.13 billion USD by 2030, growing at a CAGR of 2.89% during the forecast period (2024-2030).

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11.91 Billion

Market Size in 2024 (USD)

14.13 Billion

Market Size in 2030 (USD)

1.34 %

CAGR (2017-2023)

2.89 %

CAGR (2024-2030)

Largest Market by Crop Family

71.55 %

value share, Grains & Cereals, 2023

China is the largest producer of rice in the world, which is the staple food crop in the country. Corn is also a major grain crop due to its high demand as food and feed.

Largest Market by Breeding Technology

77.65 %

value share, Hybrids, 2023

The largest share of hybrids is due to their high area under cultivation for all hybrid crops and their advantages, such as disease resistance, high yield, and wider adaptability.

Fastest-growing Market by Crop Family

4.75 %

Projected CAGR, Solanaceae, 2024-2030

There is an increase in the demand for Solanaceae crops for the domestic consumption and processing industry, and China is the major producer of tomatoes across the world.

Fastest-growing Market by Breeding Technology

3.47 %

Projected CAGR, Open Pollinated Varieties & Hybrid Derivatives, 2024-2030

The low cost of seeds, high adaptability to local conditions, development of many varieties, and ease of seed production are the major factors driving the demand.

Leading Market Player

4.80 %

market share, Yuan Longping High-Tech Agriculture Co. Ltd, 2022

It is one of the largest companies in the country, expanding its operations through partnerships with world players and product innovations suitable for local climatic conditions.

The prevalence of diseases, the increase in foreign investments, and the increasing number of breeding stations are the major factors driving the seed market in the country

China Seed Industry Segmentation

Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology. Open Field, Protected Cultivation are covered as segments by Cultivation Mechanism. Row Crops, Vegetables are covered as segments by Crop Type.

• China uses more high-yielding varieties than any other country, which increases the productivity of crops compared to other countries. With the declining population depending on agriculture, urban and semi-urban greenhouses are increasing in the country.
• In China, hybrids accounted for 77.6% of the seed market in 2022, whereas open-pollinated varieties accounted for 22.4% in the same period. Hybrids are being adopted for corn, cotton, soybean, and vegetables such as tomatoes, cucurbits, brassicas, and leafy vegetables. Moreover, the area sown with hybrids was about 55 million hectares, and the area under open-pollinated varieties was 12.1 million hectares in 2022 because of the demand for high yield and resistance to diseases and insects.
• Transgenic hybrids accounted for 25.1% of the hybrid seed segment in 2022, with approval for commercial cultivation of corn, rice, soybean, and cotton. These crops are being cultivated with traits such as disease resistance, insect resistance, early maturity, and quality attributes such as uniformity and lodging resistance to meet the increased demand from processing industries and households.
• The number of national seed breeding and production bases in China increased to 216 in 2022, and China's liberalized foreign investment resulted in an increase in seed companies from 730 in 2018 to 9,065 by the end of 2022. About 65% of the new companies were registered at the county level. During the forecast period, there will be an increase in hybrids offered by the companies to the growers of grain and other crops.
• The prevalence of diseases, the increase in foreign investments, and the increasing number of breeding stations are the major driving factors that are expected to drive the seed market in the country during the forecast period.