Nepal Seeds Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Nepal Seeds Market Analysis
The Nepalese seed market is forecast to record a CAGR of 3.5% during the forecast period (2020-2025).
- There is an increase in hybrid seed usage to achieve food security in the region. The increase in population, shrinkage in arable land, and rapid increase in urbanization are some of the factors that are likely to limit food production in the country.
- Favorable government policies supporting the Intellectual Property Rights (IPR) of domestic seed varieties and seed production are some of the factors driving the market growth for the seeds sector in the country.
- UPL Limited, National Seed Vision Company Limited, CGNS Seeds Pvt. Ltd, and Sarba Shrestha Seeds are some of the major players who are operating in this market.
Nepal Seeds Market Trends
This section covers the major market trends shaping the Nepal Seed Sector Analysis Market according to our research experts:
Increase in Adoption of Hybrid Seeds
The adoption of hybrid seeds has significantly increased in the country due to the increasing pressure for high crop production to achieve food security. The increase in population, rapid urbanization, and skyrocketing land prices have led to a decrease in agricultural land over the last decade. In order to feed the growing population, the country has to increase agricultural output, which can be achieved by cultivating crops using hybrid seeds. Crops from hybrid seeds mature sooner and their return of investment is much higher as compared to local varieties, which are driving many Nepalese farmers to adopt hybrid seeds rather than local varieties.
Favorable Government Policies Supporting the Market Growth
The demand for hybrid seeds is increasing in the Nepalese market due to their high production potential. Annually, a large quantity of hybrid seeds is imported to full fill this demand. In order to reduce seed imports, there is a need for the development of suitable hybrid and open-pollinated varieties of different crops according to farmers' choice. To safeguard the national interest of self-sufficiency, import substitution, and increase exports of good quality of seeds, the Nepal Ministry of Agriculture has come up with many policies, such as the National Seed Vision and Seed Regulation to enhance the dynamism of the Nepalese seed industry.
Nepal Seeds Industry Overview
The Nepalese seed market is characterized by public and private companies. The public sector dominates in seed multiplication of cereal crops, whereas private seed companies play a crucial role in vegetable seed multiplication. UPL Limited, National Seed Vision Company Limited, CGNS Seeds Pvt. Ltd, and Sarba Shrestha Seeds are some of the major players who are operating in this market.
Nepal Seeds Market Leaders
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Anamolbiu Private Limited
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UPL Limited (Advanta Seeds)
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Kalash Seeds
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National Seed Vision Company Limited
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CGNS Seeds Pvt. Ltd.
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Sarba Shrestha Seeds
*Disclaimer: Major Players sorted in no particular order
Nepal Seeds Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Crop
- 5.1.1 Grains and Cereals
- 5.1.2 Pulses and Oilseeds
- 5.1.3 Cotton
- 5.1.4 Vegetables
- 5.1.5 Other Crops
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5.2 Product
- 5.2.1 Non-GM/Hybrid Seeds
- 5.2.2 GM Seeds
- 5.2.3 Varietal Seeds
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Anamolbiu Private Limited
- 6.3.2 UPL Limited (Advanta Seeds)
- 6.3.3 Kalash Seeds
- 6.3.4 National Seed Vision Company Limited
- 6.3.5 CGNS Seeds Pvt. Ltd
- 6.3.6 Sarba Shrestha Seeds
- 6.3.7 Annapurna Seeds
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityNepal Seeds Industry Segmentation
A seed is the ripened fertilized ovule of a flowering plant containing an embryo and capable normally of germination to produce a new plant. For the purpose of this report, seeds have been defined as the seeds for sowing at the farmer level. In this report, market sizing has been at the farmer level.
The report provides an in-depth analysis of various parameters of the seeds market. The market has been segmented based on crop type. Also, relevant sub-segmentations have been discussed in the report.
Crop | Grains and Cereals |
Pulses and Oilseeds | |
Cotton | |
Vegetables | |
Other Crops | |
Product | Non-GM/Hybrid Seeds |
GM Seeds | |
Varietal Seeds |
Nepal Seeds Market Research FAQs
What is the current Nepal Seed Market size?
The Nepal Seed Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in Nepal Seed Market?
Anamolbiu Private Limited, UPL Limited (Advanta Seeds), Kalash Seeds, National Seed Vision Company Limited, CGNS Seeds Pvt. Ltd. and Sarba Shrestha Seeds are the major companies operating in the Nepal Seed Market.
What years does this Nepal Seed Market cover?
The report covers the Nepal Seed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nepal Seed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Nepal Seeds Industry Report
Statistics for the 2024 Nepal Seeds market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Nepal Seeds analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.