Saudi Arabia Rice Seeds Market Size, Share, Trends, Revenue, Demand, Growth Drivers, Challenges, CAGR Status, Key Players and Future Opportunities Till 2033: SPER Market Research
Market Overview and Market Insights: Derived from the Oryza sativa plant, rice is a cereal grain. It is characterized by its small and elongated kernels. The seeds are sown, nurtured and cultivated in flooded rice paddy fields. Various types of rice are available with variations in their grain size, ranging from small grain to large grain, just like jasmine and basmati rice which is known for its aromatic qualities. Rice a rich source of carbohydrates, vitamins and minerals, provides energy for performing daily life activities. Abundant with fibres and nutrients, rice is a nutritional powerhouse which retains the bran and germ layers. It serves as a gluten free option for those who undergo dietary restrictions. It also serves as the base for several rice- based dishes, cuisines and desserts.
SPER Market Research’s report, titled “Saudi Arabia Rice Seeds Market Size – By Type, By Grain Size, By Hybridization Technique – Regional Outlook, Competitive Strategies, and Segment Forecast to 2032,” indicates that the Saudi Arabia Rice Seeds Market is projected to reach USD XX billion by 2033, with an estimated CAGR of XX%.
Market Drivers: The Saudi Arabia rice seeds market is witnessing substantial growth, driven by the region’s high demand for rice as a staple food. This plays an important role improving rice crop yields and ensuring food security. Advancement in the rice breeding technologies such as gene editing and marker-assisted selection results in high-yield, disease-resistant and climate-resilient production of rice varieties. An increase in the adoption of hybrid varieties of rice seeds is seen among the farmers because of its low prices, fueling the market growth. Farmers are choosing to replace seeds more regularly, promoting intensive rice farming practices. This results in sustained productivity levels. An increase in the growth of consumers preferring organic foods creates a demand for organic rice seeds production.
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Market Challenges: The high cost of the hybrid rice seeds creates hurdles for small-scale farmers, particularly those belonging to poor countries. Lack of awareness among the farmers about the potential benefits of hybrid rice varieties such as increased yield and disease resistance reduces the market growth. The existence of counterfeit seeds in the market which is of low and poor quality often leads to financial losses for farmers and diminishes the trust I authentic seed suppliers. Limited infrastructure and skilled professionals limit the efficient seed production, storage and delivery.
COVID-19 Impact: Saudi Arabia Rice Seeds Market was influenced by COVID-19 pandemic by emphasizing potential role of high-quality rice seeds and the need for self-reliance in production of rice. To ensure stable and high-yield rice production businesses turned to rice seeds. Rise in the demands of rice seeds for their role in distributing improved crop performance, resistance to disease and food security. Due to the pandemic there was rise in the adoption of rice seeds providing enhanced production of rice and food self-reliance.
Eastern Region, Northern Region, Southern Region and Western Region accounted for market share in terms of enhanced productivity and quality of rice. The region was dominant due to the huge domestic demand product and services and business growth opportunities. Some of the major players in the Saudi Arabia Rice Seeds Market are Almarai, Bayer Crop Science, Bunge, DuPont Pioneer, Local Agricultural Cooperatives, Monsanto, National Agricultural Development Company (NADEC), Syngenta are a few of the leading market participants.
Saudi Arabia Rice Seeds Market Segmentation:
By Type: Based on the Type, Saudi Arabia Rice Seeds Market is segmented as; Hybrid, Open-Pollinated Varieties.
By Grain Size: Based on the Grain Size, Saudi Arabia Rice Seeds Market is segmented as; Long, Medium, Short.
By Hybridization Technique: Based on the Hybridization Technique, Saudi Arabia Rice Seeds Market is segmented as; Two-Line, Three-Line.
By Region: This research also includes data for Eastern Region, Northern Region, Southern Region and Western Region.
For More Information in Saudi Arabia Rice Seeds Market, refer to below link –
Saudi Arabia Hybrid Rice Seeds Market Trends
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