Vietnam Vegetable Seed Market Size
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 73.46 Million |
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Market Size (2030) | USD 109.7 Million |
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Largest Share by Breeding Technology | Hybrids |
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CAGR (2024 - 2030) | 6.91 % |
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Fastest Growing by Breeding Technology | Hybrids |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Vietnam Vegetable Seed Market Analysis
The Vietnam Vegetable Seed Market size is estimated at 73.46 million USD in 2024, and is expected to reach 109.7 million USD by 2030, growing at a CAGR of 6.91% during the forecast period (2024-2030).
73.46 Million
Market Size in 2024 (USD)
109.7 Million
Market Size in 2030 (USD)
8.37 %
CAGR (2017-2023)
6.91 %
CAGR (2024-2030)
Largest Market by Crop Family
23.11 %
value share, Roots & Bulbs, 2023
It is the largest due to the increase in market value, the increase in demand from processing industries, and the availability of high-yielding varieties in the market.
Largest Market by Breeding Technology
74.04 %
value share, Hybrids, 2023
The high share of hybrids is associated with the increasing area under hybrids, the comparatively higher seed replacement rate, high yield, and disease resistance.
Fastest-growing Market by Crop Family
5.13 %
Projected CAGR, Solanaceae, 2024-2030
It is the fastest growing due to the increased production and growing demand from the processing industry and its adaptability to wider growing environments.
Fastest-growing Market by Breeding Technology
7.29 %
Projected CAGR, Hybrids, 2024-2030
Due to inherent characteristics such as high vigor, resistance to biotic and abiotic stresses, high yield, and uniform maturity, the hybrid segment is growing at the fastest rate.
Leading Market Player
23.54 %
market share, Bayer AG, 2022
Bayer AG is a prominent player in the region with its wider portfolio, which includes high-performance crop varieties that are suitable for local climatic conditions.
Hybrids dominated the market due to the high adaption and availability of hybrid seeds are driving the market growth
- In Vietnam, hybrid vegetable seeds dominated the market, accounting for 73.7% of the vegetable seed market in 2022. This is mainly due to the high adaption and availability of hybrid seeds compared to open-pollinated varieties and hybrid derivatives, where the adaptability is low.
- The unclassified vegetables hybrid seed segment held a major share value in the vegetable seed market with 34.5% in 2022, followed by roots and bulbs seeds. Among vegetables, cabbage is largely cultivated, and increased consumption of cabbage is estimated to increase the demand for seeds. Farmers can grow healthier, more nutrient crops with hybrid vegetable seeds that are also climate-resistant, need less irrigation, protection, and fertilizer, and have shorter production cycles.
- Open-pollinated varieties and hybrid derivatives accounted for a market share of 26.3% in 2022. The low share is mainly due to a preference for high-yielding and disease-resistant hybrids. Roots and bulbs crops dominated the open-pollinated varieties and hybrid derivatives seed market, accounting for 31.3% of the market value, followed by unclassified vegetables at 27.7%, cucurbits at 15.7%, Solanaceae at 14.2%, and brassicas at 11.1% in 2022.
- More than 80% of the hybrid seeds are imported from other countries, especially Thailand, China, Japan, and South Korea. This is mainly due to the high cost of production, which is difficult to compete with imports.
- Thus, the rising population, increasing demand for food, and high demand for high-yielding hybrid varieties are expected to drive the growth of the hybrid seeds market during the forecast period.
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Vietnam Vegetable Seed Market Trends
Chili, onion, tomato, cabbage, and potato are the major vegetable crops grown in Vietnam due to the increasing consumption demand and high profit for growers
- In Vietnam, the area under vegetable cultivation was 1.8 million hectares in 2022, accounting for 17.4% of the total cultivated land. The area grew by 0.9% between 2016 and 2022 due to the increased demand for vegetables in the country. Tomato, chili, onion, cabbage, and potato are the major vegetables cultivated in the country. Among vegetables, the roots and bulbs segment accounted for 40.6% of the vegetable area in 2022. In roots and bulbs, onions were the major bulb crops, with a cultivation area of 98.2 thousand hectares in 2022. Onions held about 5.3% of the vegetable area in the country. The larger cultivated area was due to high incomes during off-seasons. Hence, farmers were excited to cultivate for high profits.
- In 2022, Solanaceae crops accounted for 92.7 thousand hectares, which increased by 4.7% between 2016 and 2022. Chili and tomatoes are mainly grown in the country among Solanaceae crops. During 2016-2022, chili and tomato cultivation areas increased by 3.4% and 10.0%, respectively. The increased area of these crops reflected the high economic value to the growers and the demand generated by the increased population.
- Among cucurbits, cucumber, and gherkins had a cultivation area of 6,416 hectares in 2022, which increased by 7.5% between 2016 and 2022. In brassicas, cabbage is a major crop; it occupied 37.9 thousand ha in 2022. The availability of multiple tolerant and resistant varieties with high-yielding traits was the major factor that made it possible to grow brassica crops throughout the year. Due to growing health awareness and rising disposable incomes, the demand for vegetables is increasing. Therefore, the vegetable area is anticipated to increase during the forecast period.
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Vietnam extensively cultivates cucumber hybrids with disease resistance and other attributes and high-yielding varieties of asparagus with multiple traits
- Cucumbers and asparagus are the major vegetable crops grown in Vietnam. Quality attributes such as color, size, shape, aroma, and taste have the highest demand from cucumber growers as these traits help them sell their crops at a higher price and meet the growing demand for salads. For instance, Rijk Zwaan's Sugoy RZ F1, Khassib RZ F1, and Groupe Limagrain's CAESAR 17 F1 have these traits, and these varieties are among the largest sellers of cucumber crops in the country. Furthermore, Bejo Zaden has about eight products with traits such as shoot size, shape, and size of asparagus.
- Disease-resistant traits for cucumbers are majorly adopted by growers in the market as cucumbers are widely affected by powdery mildew, black rot, and fusarium wilt, which affect the yield by 10-20%. Hence, there is an increasing demand for seeds that are resistant to these diseases. Cengel RZ F1, AKIDO RZ F1, and Sakura are some of the products by Rijk Zwaan and Vina Seed that help build resistance to these diseases.
- High uniformity, long shelf life, and wider adaptability are the other traits in high demand in the country. These traits are preferred by growers as they allow cultivation in different climatic conditions and soil types with longer storage capacity, as well as fetch higher prices. Companies such as Groupe Limagrain, Vina Seed, and Bejo Zaden have seed varieties with these traits.
- High-quality vegetables produced by resisting different diseases and increasing their shelf life will help increase the demand for these traits and boost the growth of the seed market during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Vietnam extensively cultivates cucumber hybrids with disease resistance and other attributes and high-yielding varieties of asparagus with multiple traits
- Hybrid breeding is a widely adopted strategy in Vietnam's vegetable seed market because it has the ability to develop plants that meet the demands of the market
- Hybrid tomato seeds with disease resistance and quality traits dominate, while cabbage varieties with high uniformity and quality attributes are cultivated, driving the demand for new seeds
Vietnam Vegetable Seed Industry Overview
The Vietnam Vegetable Seed Market is moderately consolidated, with the top five companies occupying 64.25%. The major players in this market are Bayer AG, Enza Zaden, Groupe Limagrain, Syngenta Group and Vietnam National Seed Group (VINASEED) (sorted alphabetically).
Vietnam Vegetable Seed Market Leaders
Bayer AG
Enza Zaden
Groupe Limagrain
Syngenta Group
Vietnam National Seed Group (VINASEED)
Other important companies include Bejo Zaden BV, DCM Shriram Ltd (Bioseed), East-West Seed, Known You Seed Co. Ltd, Rijk Zwaan Zaadteelt en Zaadhandel BV.
*Disclaimer: Major Players sorted in alphabetical order.
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Vietnam Vegetable Seed Market News
- July 2023: Enza Zaden acquired the carrot breeding program from the German company Carosem. This strategic acquisition aims to expand Enza Zaden's product portfolio by incorporating carrot seeds with several commercial varieties and inventories.
- July 2023: Enza Zaden introduced new lettuce varieties that exhibit high resistance to three new Bermian races, namely, Bl: 38EU, Bl: 39EU, and Bl: 40EU. The new lettuce varieties not only offer high resistance to these races but also have the capability to grow in various soil types while still achieving high yields.
- May 2023: Enza Zaden launched a new line of HREZ tomato varieties that are highly resistant to the tomato brown rugose fruit virus (ToBRFV) and deliver exceptional taste, yield, and quality. The HREZ tomatoes are available in various types, including Roma, Beef, Grape, Cherry, and Cocktail.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 90+ free charts, the section covers difficult-to-find data from various regions regarding the area under cultivation for different crops within the scope
Vietnam Vegetable Seed Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 Area Under Cultivation
- 4.1.1 Vegetables
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4.2 Most Popular Traits
- 4.2.1 Cucumber & Asparagus
- 4.2.2 Tomato & Cabbage
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4.3 Breeding Techniques
- 4.3.1 Vegetables
- 4.4 Regulatory Framework
- 4.5 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Breeding Technology
- 5.1.1 Hybrids
- 5.1.2 Open Pollinated Varieties & Hybrid Derivatives
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5.2 Cultivation Mechanism
- 5.2.1 Open Field
- 5.2.2 Protected Cultivation
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5.3 Crop Family
- 5.3.1 Brassicas
- 5.3.1.1 Cabbage
- 5.3.1.2 Carrot
- 5.3.1.3 Cauliflower & Broccoli
- 5.3.1.4 Other Brassicas
- 5.3.2 Cucurbits
- 5.3.2.1 Cucumber & Gherkin
- 5.3.2.2 Pumpkin & Squash
- 5.3.2.3 Other Cucurbits
- 5.3.3 Roots & Bulbs
- 5.3.3.1 Garlic
- 5.3.3.2 Onion
- 5.3.3.3 Potato
- 5.3.3.4 Other Roots & Bulbs
- 5.3.4 Solanaceae
- 5.3.4.1 Chilli
- 5.3.4.2 Eggplant
- 5.3.4.3 Tomato
- 5.3.4.4 Other Solanaceae
- 5.3.5 Unclassified Vegetables
- 5.3.5.1 Asparagus
- 5.3.5.2 Spinach
- 5.3.5.3 Other Unclassified Vegetables
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Bayer AG
- 6.4.2 Bejo Zaden BV
- 6.4.3 DCM Shriram Ltd (Bioseed)
- 6.4.4 East-West Seed
- 6.4.5 Enza Zaden
- 6.4.6 Groupe Limagrain
- 6.4.7 Known You Seed Co. Ltd
- 6.4.8 Rijk Zwaan Zaadteelt en Zaadhandel BV
- 6.4.9 Syngenta Group
- 6.4.10 Vietnam National Seed Group (VINASEED)
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR SEEDS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Global Market Size and DROs
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- AREA UNDER CULTIVATION OF VEGETABLES, HECTARE, VIETNAM, 2017-2022
- Figure 2:
- VALUE SHARE OF MAJOR CUCUMBER TRAITS, %, VIETNAM, 2022
- Figure 3:
- VALUE SHARE OF MAJOR ASPARAGUS TRAITS, %, VIETNAM, 2022
- Figure 4:
- VALUE SHARE OF MAJOR TOMATO TRAITS, %, VIETNAM, 2022
- Figure 5:
- VALUE SHARE OF MAJOR CABBAGE TRAITS, %, VIETNAM, 2022
- Figure 6:
- VALUE SHARE OF VEGETABLES BREEDING TECHNIQUES, %, VIETNAM, 2022
- Figure 7:
- VOLUME OF VEGETABLES SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 8:
- VALUE OF VEGETABLES SEED, USD, VIETNAM, 2017 - 2030
- Figure 9:
- VOLUME OF VEGETABLES SEED BY BREEDING TECHNOLOGY CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 10:
- VALUE OF VEGETABLES SEED BY BREEDING TECHNOLOGY CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 11:
- VOLUME SHARE OF VEGETABLES SEED BY BREEDING TECHNOLOGY CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 12:
- VALUE SHARE OF VEGETABLES SEED BY BREEDING TECHNOLOGY CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 13:
- VOLUME OF HYBRIDS VEGETABLES SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 14:
- VALUE OF HYBRIDS VEGETABLES SEED, USD, VIETNAM, 2017 - 2030
- Figure 15:
- VALUE SHARE OF HYBRIDS VEGETABLES SEED BY CROP, %, VIETNAM, 2023 AND 2030
- Figure 16:
- VOLUME OF OPEN POLLINATED VARIETIES & HYBRID DERIVATIVES VEGETABLES SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 17:
- VALUE OF OPEN POLLINATED VARIETIES & HYBRID DERIVATIVES VEGETABLES SEED, USD, VIETNAM, 2017 - 2030
- Figure 18:
- VALUE SHARE OF OPEN POLLINATED VARIETIES & HYBRID DERIVATIVES VEGETABLES SEED BY CROP, %, VIETNAM, 2023 AND 2030
- Figure 19:
- VOLUME OF VEGETABLES SEED BY CULTIVATION MECHANISM CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 20:
- VALUE OF VEGETABLES SEED BY CULTIVATION MECHANISM CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 21:
- VOLUME SHARE OF VEGETABLES SEED BY CULTIVATION MECHANISM CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 22:
- VALUE SHARE OF VEGETABLES SEED BY CULTIVATION MECHANISM CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 23:
- VOLUME OF VEGETABLES SEED SOWN IN OPEN FIELD, METRIC TON, VIETNAM, 2017 - 2030
- Figure 24:
- VALUE OF VEGETABLES SEED SOWN IN OPEN FIELD, USD, VIETNAM, 2017 - 2030
- Figure 25:
- VALUE SHARE OF SEEDS SOWN IN OPEN FIELD BY CROP, %, VIETNAM, 2023 AND 2030
- Figure 26:
- VOLUME OF VEGETABLES SEED SOWN IN PROTECTED CULTIVATION, METRIC TON, VIETNAM, 2017 - 2030
- Figure 27:
- VALUE OF VEGETABLES SEED SOWN IN PROTECTED CULTIVATION, USD, VIETNAM, 2017 - 2030
- Figure 28:
- VALUE SHARE OF SEEDS SOWN IN PROTECTED CULTIVATION BY CROP, %, VIETNAM, 2023 AND 2030
- Figure 29:
- VOLUME OF VEGETABLES SEED BY CROP FAMILY CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 30:
- VALUE OF VEGETABLES SEED BY CROP FAMILY CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 31:
- VOLUME SHARE OF VEGETABLES SEED BY CROP FAMILY CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 32:
- VALUE SHARE OF VEGETABLES SEED BY CROP FAMILY CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 33:
- VOLUME OF VEGETABLES SEED BY CROP CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 34:
- VALUE OF VEGETABLES SEED BY CROP CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 35:
- VOLUME SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 36:
- VALUE SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 37:
- VOLUME OF CABBAGE SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 38:
- VALUE OF CABBAGE SEED, USD, VIETNAM, 2017 - 2030
- Figure 39:
- VALUE SHARE OF CABBAGE SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 40:
- VOLUME OF CARROT SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 41:
- VALUE OF CARROT SEED, USD, VIETNAM, 2017 - 2030
- Figure 42:
- VALUE SHARE OF CARROT SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 43:
- VOLUME OF CAULIFLOWER & BROCCOLI SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 44:
- VALUE OF CAULIFLOWER & BROCCOLI SEED, USD, VIETNAM, 2017 - 2030
- Figure 45:
- VALUE SHARE OF CAULIFLOWER & BROCCOLI SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 46:
- VOLUME OF OTHER BRASSICAS SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 47:
- VALUE OF OTHER BRASSICAS SEED, USD, VIETNAM, 2017 - 2030
- Figure 48:
- VALUE SHARE OF OTHER BRASSICAS SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 49:
- VOLUME OF VEGETABLES SEED BY CROP CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 50:
- VALUE OF VEGETABLES SEED BY CROP CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 51:
- VOLUME SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 52:
- VALUE SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 53:
- VOLUME OF CUCUMBER & GHERKIN SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 54:
- VALUE OF CUCUMBER & GHERKIN SEED, USD, VIETNAM, 2017 - 2030
- Figure 55:
- VALUE SHARE OF CUCUMBER & GHERKIN SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 56:
- VOLUME OF PUMPKIN & SQUASH SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 57:
- VALUE OF PUMPKIN & SQUASH SEED, USD, VIETNAM, 2017 - 2030
- Figure 58:
- VALUE SHARE OF PUMPKIN & SQUASH SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 59:
- VOLUME OF OTHER CUCURBITS SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 60:
- VALUE OF OTHER CUCURBITS SEED, USD, VIETNAM, 2017 - 2030
- Figure 61:
- VALUE SHARE OF OTHER CUCURBITS SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 62:
- VOLUME OF VEGETABLES SEED BY CROP CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 63:
- VALUE OF VEGETABLES SEED BY CROP CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 64:
- VOLUME SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 65:
- VALUE SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 66:
- VOLUME OF GARLIC SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 67:
- VALUE OF GARLIC SEED, USD, VIETNAM, 2017 - 2030
- Figure 68:
- VALUE SHARE OF GARLIC SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 69:
- VOLUME OF ONION SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 70:
- VALUE OF ONION SEED, USD, VIETNAM, 2017 - 2030
- Figure 71:
- VALUE SHARE OF ONION SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 72:
- VOLUME OF POTATO SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 73:
- VALUE OF POTATO SEED, USD, VIETNAM, 2017 - 2030
- Figure 74:
- VALUE SHARE OF POTATO SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 75:
- VOLUME OF OTHER ROOTS & BULBS SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 76:
- VALUE OF OTHER ROOTS & BULBS SEED, USD, VIETNAM, 2017 - 2030
- Figure 77:
- VALUE SHARE OF OTHER ROOTS & BULBS SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 78:
- VOLUME OF VEGETABLES SEED BY CROP CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 79:
- VALUE OF VEGETABLES SEED BY CROP CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 80:
- VOLUME SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 81:
- VALUE SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 82:
- VOLUME OF CHILLI SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 83:
- VALUE OF CHILLI SEED, USD, VIETNAM, 2017 - 2030
- Figure 84:
- VALUE SHARE OF CHILLI SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 85:
- VOLUME OF EGGPLANT SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 86:
- VALUE OF EGGPLANT SEED, USD, VIETNAM, 2017 - 2030
- Figure 87:
- VALUE SHARE OF EGGPLANT SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 88:
- VOLUME OF TOMATO SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 89:
- VALUE OF TOMATO SEED, USD, VIETNAM, 2017 - 2030
- Figure 90:
- VALUE SHARE OF TOMATO SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 91:
- VOLUME OF OTHER SOLANACEAE SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 92:
- VALUE OF OTHER SOLANACEAE SEED, USD, VIETNAM, 2017 - 2030
- Figure 93:
- VALUE SHARE OF OTHER SOLANACEAE SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 94:
- VOLUME OF VEGETABLES SEED BY CROP CATEGORIES, METRIC TON, VIETNAM, 2017 - 2030
- Figure 95:
- VALUE OF VEGETABLES SEED BY CROP CATEGORIES, USD, VIETNAM, 2017 - 2030
- Figure 96:
- VOLUME SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 97:
- VALUE SHARE OF VEGETABLES SEED BY CROP CATEGORIES, %, VIETNAM, 2017 VS 2023 VS 2030
- Figure 98:
- VOLUME OF ASPARAGUS SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 99:
- VALUE OF ASPARAGUS SEED, USD, VIETNAM, 2017 - 2030
- Figure 100:
- VALUE SHARE OF ASPARAGUS SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 101:
- VOLUME OF SPINACH SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 102:
- VALUE OF SPINACH SEED, USD, VIETNAM, 2017 - 2030
- Figure 103:
- VALUE SHARE OF SPINACH SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 104:
- VOLUME OF OTHER UNCLASSIFIED VEGETABLES SEED, METRIC TON, VIETNAM, 2017 - 2030
- Figure 105:
- VALUE OF OTHER UNCLASSIFIED VEGETABLES SEED, USD, VIETNAM, 2017 - 2030
- Figure 106:
- VALUE SHARE OF OTHER UNCLASSIFIED VEGETABLES SEED BY BREEDING TECHNOLOGY, %, VIETNAM, 2023 AND 2030
- Figure 107:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, VIETNAM, 2017-2023
- Figure 108:
- MOST ADOPTED STRATEGIES, COUNT, VIETNAM, 2017-2023
- Figure 109:
- VALUE SHARE OF MAJOR PLAYERS, %, VIETNAM, 2023
Vietnam Vegetable 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. Brassicas, Cucurbits, Roots & Bulbs, Solanaceae, Unclassified Vegetables are covered as segments by Crop Family.
- In Vietnam, hybrid vegetable seeds dominated the market, accounting for 73.7% of the vegetable seed market in 2022. This is mainly due to the high adaption and availability of hybrid seeds compared to open-pollinated varieties and hybrid derivatives, where the adaptability is low.
- The unclassified vegetables hybrid seed segment held a major share value in the vegetable seed market with 34.5% in 2022, followed by roots and bulbs seeds. Among vegetables, cabbage is largely cultivated, and increased consumption of cabbage is estimated to increase the demand for seeds. Farmers can grow healthier, more nutrient crops with hybrid vegetable seeds that are also climate-resistant, need less irrigation, protection, and fertilizer, and have shorter production cycles.
- Open-pollinated varieties and hybrid derivatives accounted for a market share of 26.3% in 2022. The low share is mainly due to a preference for high-yielding and disease-resistant hybrids. Roots and bulbs crops dominated the open-pollinated varieties and hybrid derivatives seed market, accounting for 31.3% of the market value, followed by unclassified vegetables at 27.7%, cucurbits at 15.7%, Solanaceae at 14.2%, and brassicas at 11.1% in 2022.
- More than 80% of the hybrid seeds are imported from other countries, especially Thailand, China, Japan, and South Korea. This is mainly due to the high cost of production, which is difficult to compete with imports.
- Thus, the rising population, increasing demand for food, and high demand for high-yielding hybrid varieties are expected to drive the growth of the hybrid seeds market during the forecast period.
| Breeding Technology | Hybrids | |
| Open Pollinated Varieties & Hybrid Derivatives | ||
| Cultivation Mechanism | Open Field | |
| Protected Cultivation | ||
| Crop Family | Brassicas | Cabbage |
| Carrot | ||
| Cauliflower & Broccoli | ||
| Other Brassicas | ||
| Crop Family | Cucurbits | Cucumber & Gherkin |
| Pumpkin & Squash | ||
| Other Cucurbits | ||
| Crop Family | Roots & Bulbs | Garlic |
| Onion | ||
| Potato | ||
| Other Roots & Bulbs | ||
| Crop Family | Solanaceae | Chilli |
| Eggplant | ||
| Tomato | ||
| Other Solanaceae | ||
| Crop Family | Unclassified Vegetables | Asparagus |
| Spinach | ||
| Other Unclassified Vegetables |
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Market Definition
- Commercial Seed - For the purpose of this study, only commercial seeds have been included as part of the scope. Farm-saved Seeds, which are not commercially labeled are excluded from scope, even though a minor percentage of farm-saved seeds are exchanged commercially among farmers. The scope also excludes vegetatively reproduced crops and plant parts, which may be commercially sold in the market.
- Crop Acreage - While calculating the acreage under different crops, the Gross Cropped Area has been considered. Also known as Area Harvested, according to the Food & Agricultural Organization (FAO), this includes the total area cultivated under a particular crop across seasons.
- Seed Replacement Rate - Seed Replacement Rate is the percentage of area sown out of the total area of crop planted in the season by using certified/quality seeds other than the farm-saved seed.
- Protected Cultivation - The report defines protected cultivation as the process of growing crops in a controlled environment. This includes greenhouses, glasshouses, hydroponics, aeroponics, or any other cultivation system that protects the crop against any abiotic stress. However, cultivation in an open field using plastic mulch is excluded from this definition and is included under open field.
| Keyword | Definition |
|---|---|
| Row Crops | These are usually the field crops which include the different crop categories like grains & cereals, oilseeds, fiber crops like cotton, pulses, and forage crops. |
| Solanaceae | These are the family of flowering plants which includes tomato, chili, eggplants, and other crops. |
| Cucurbits | It represents a gourd family consisting of about 965 species in around 95 genera. The major crops considered for this study include Cucumber & Gherkin, Pumpkin and squash, and other crops. |
| Brassicas | It is a genus of plants in the cabbage and mustard family. It includes crops such as carrots, cabbage, cauliflower & broccoli. |
| Roots & Bulbs | The roots and bulbs segment includes onion, garlic, potato, and other crops. |
| Unclassified Vegetables | This segment in the report includes the crops which don’t belong to any of the above-mentioned categories. These include crops such as okra, asparagus, lettuce, peas, spinach, and others. |
| Hybrid Seed | It is the first generation of the seed produced by controlling cross-pollination and by combining two or more varieties, or species. |
| Transgenic Seed | It is a seed that is genetically modified to contain certain desirable input and/or output traits. |
| Non-Transgenic Seed | The seed produced through cross-pollination without any genetic modification. |
| Open-Pollinated Varieties & Hybrid Derivatives | Open-pollinated varieties produce seeds true to type as they cross-pollinate only with other plants of the same variety. |
| Other Solanaceae | The crops considered under other Solanaceae include bell peppers and other different peppers based on the locality of the respective countries. |
| Other Brassicaceae | The crops considered under other brassicas include radishes, turnips, Brussels sprouts, and kale. |
| Other Roots & Bulbs | The crops considered under other roots & bulbs include Sweet Potatoes and cassava. |
| Other Cucurbits | The crops considered under other cucurbits include gourds (bottle gourd, bitter gourd, ridge gourd, Snake gourd, and others). |
| Other Grains & Cereals | The crops considered under other grains & cereals include Barley, Buck Wheat, Canary Seed, Triticale, Oats, Millets, and Rye. |
| Other Fibre Crops | The crops considered under other fibers include Hemp, Jute, Agave fibers, Flax, Kenaf, Ramie, Abaca, Sisal, and Kapok. |
| Other Oilseeds | The crops considered under other oilseeds include Ground nut, Hempseed, Mustard seed, Castor seeds, safflower seeds, Sesame seeds, and Linseeds. |
| Other Forage Crops | The crops considered under other forages include Napier grass, Oat grass, White clover, Ryegrass, and Timothy. Other forage crops were considered based on the locality of the respective countries. |
| Pulses | Pigeon peas, Lentils, Broad and horse beans, Vetches, Chickpeas, Cowpeas, Lupins, and Bambara beans are the crops considered under pulses. |
| Other Unclassified Vegetables | The crops considered under other unclassified vegetables include Artichokes, Cassava Leaves, Leeks, Chicory, and String beans. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases, and Subscription Platforms
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