Market Size of Nepal Seed Sector Analysis
| 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 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 Seed Sector Analysis Size Summary
The Nepalese seed market is experiencing a notable transformation, driven by the increasing adoption of hybrid seeds to enhance food security. This shift is largely due to the pressures of a growing population, urbanization, and the reduction of arable land, which have necessitated a boost in agricultural productivity. Government policies supporting Intellectual Property Rights for domestic seed varieties and production are further propelling market growth. The market is characterized by a mix of public and private sector involvement, with public entities focusing on cereal crop seed multiplication and private companies playing a significant role in vegetable seed production. Key players in this sector include UPL Limited, National Seed Vision Company Limited, CGNS Seeds Pvt. Ltd, and Sarba Shrestha Seeds.
The demand for hybrid seeds is on the rise, as they offer higher production potential and quicker returns on investment compared to local varieties. This has led to a substantial increase in hybrid seed imports, highlighting the need for developing suitable hybrid and open-pollinated varieties to meet local farmers' preferences. To address this, the Nepal Ministry of Agriculture has implemented policies like the National Seed Vision and Seed Regulation, aiming to enhance the seed industry's dynamism, promote self-sufficiency, and increase the export of high-quality seeds. These initiatives are crucial for reducing dependency on imports and supporting the country's agricultural sector in meeting the challenges posed by demographic and economic changes.
Nepal Seed Sector Analysis Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Crop
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2.1.1 Grains and Cereals
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2.1.2 Pulses and Oilseeds
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2.1.3 Cotton
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2.1.4 Vegetables
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2.1.5 Other Crops
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2.2 Product
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2.2.1 Non-GM/Hybrid Seeds
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2.2.2 GM Seeds
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2.2.3 Varietal Seeds
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Nepal Seed Sector Analysis Market Size 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.
