The Myanmar Seed Market is projected to register a CAGR of 5.10%
- Largest Segment by Crop Family - Oilseeds: The high share of the oilseeds segment is driven by the higher area under the sunflower and soybean and increasing demand for oilseeds from the food and feed industries.
- Largest Segment by Breeding Technology - Hybrids: The high share of hybrids is due to increased area under hybrids in crops like corn, sunflower, cotton, vegetables, etc., and high yielding and disease resistance traits.
- Fastest-growing Segment by Crop Family - Unclassified Vegetables: The fastest growth is driven by an increase in the consumption of leafy vegetables such as lettuce, spinach, etc., and an increase in the adoption of protected cultivation.
- Fastest-growing Segment by Breeding Technology - Hybrids: The fastest growth of hybrids is associated with the characteristics such as high yielding, biotic and abiotic stress resistance, high vigor and early beraing in vegetables.
Key Market Trends
Hybrids is the largest segment by Breeding Technology.
- In Myanmar, hybrid seeds dominate the seed market, with a share of 62.46% in 2021. In 2021, out of the total hybrid seed market value, row crops accounted for 69.25%, whereas vegetables accounted for 30.75%.
- Hybrids have higher productivity, wider adaptability, and a high degree of resistance to biotic and abiotic stresses. For instance, in cotton, hybrids give 50% more yield than conventional varieties. The wider adaptability of hybrids is due to mainly their high buffering capacity to environmental fluctuations.
- The non-availability of transgenic varieties in all the crops, 100% seed replacement rate for every season, the threat to food security due to increasing population, and resistance to biotic and non-biotic stresses are the factors driving the market for non-transgenic hybrids.
- In Myanmar, the open-pollinated varieties seed market is projected to grow about 4.8% annually during the forecast period from 2022 to 2028 because of the low cost, high adoption to local conditions, low input requirement, and timely non-availability of hybrids in all the crops.
- In Myanmar, the only trait approved for commercial cultivation in Myanmar is insect resistance (IR) in cotton only, and 100% area under transgenic cotton is insect resistant.
- In 2021, insect-resistant transgenic cotton accounted for 100% of the total cotton seed market in Myanmar due to its high yield and resistance to major cotton pests. Therefore, the demand for IR cotton seeds is expected to grow over the years.
- Hence, high-yielding characters, usage of insect-resistant varieties, and the rising demand for hybrids are expected to drive the country’s seed market in the forecast period.
Competitive LandscapeThe Myanmar Seed Market is fragmented, with the top five companies occupying 13.79%. The major players in this market are Charoen Pokphand Group (C.P. Group), Dagon Group of Companies., East-West Seed, Groupe Limagrain and Rijk Zwaan Zaadteelt en Zaadhandel B.V. (sorted alphabetically).
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents1 EXECUTIVE SUMMARY & KEY FINDINGS
2 REPORT OFFERS
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study
3.3 Research Methodology
4 KEY INDUSTRY TRENDS
4.1 Area Under Cultivation
4.2 Most Popular Traits
4.3 Regulatory Framework
4.4 Value Chain & Distribution Channel Analysis
5 MARKET SEGMENTATION
5.1 Breeding Technology
188.8.131.52 Non-Transgenic Hybrids
184.108.40.206 Transgenic Hybrids
220.127.116.11.1 Insect Resistant
5.1.2 Open Pollinated Varieties & Hybrid Derivatives
5.2 Cultivation Mechanism
5.2.1 Open Field
5.2.2 Protected Cultivation
5.3 Crop Type
5.3.1 Row Crops
18.104.22.168 Fiber Crops
22.214.171.124.2 Other Fiber Crops
126.96.36.199 Forage Crops
188.8.131.52.2 Forage Corn
184.108.40.206.3 Forage Sorghum
220.127.116.11.4 Other Forage Crops
18.104.22.168 Grains & Cereals
22.214.171.124.5 Other Grains & Cereals
126.96.36.199.1 Canola, Rapeseed & Mustard
188.8.131.52.4 Other Oilseeds
184.108.40.206.3 Cauliflower & Broccoli
220.127.116.11.4 Other Brassicas
18.104.22.168.1 Cucumber & Gherkin
22.214.171.124.2 Pumpkin & Squash
126.96.36.199.3 Other Cucurbits
188.8.131.52 Roots & Bulbs
184.108.40.206.4 Other Roots & Bulbs
220.127.116.11.4 Other Solanaceae
18.104.22.168 Unclassified Vegetables
22.214.171.124.4 Other Unclassified Vegetables
6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Charoen Pokphand Group (C.P. Group)
6.4.2 Dagon Group of Companies.
6.4.3 East-West Seed
6.4.4 Enza Zaden
6.4.5 Groupe Limagrain
6.4.6 Known You Seed Co., LTD
6.4.7 Nong Woo Bio
6.4.8 Rijk Zwaan Zaadteelt en Zaadhandel B.V.
7 KEY STRATEGIC QUESTIONS FOR SEEDS CEOS
8.1 Global 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
A selection of companies mentioned in this report includes:
- Charoen Pokphand Group (C.P. Group)
- Dagon Group of Companies.
- East-West Seed
- Enza Zaden
- Groupe Limagrain
- Known You Seed Co., LTD
- Nong Woo Bio
- Rijk Zwaan Zaadteelt en Zaadhandel B.V.