The Philippines hybrid rice seed market is projected to grow at a CAGR of 5.30% between 2025 and 2034. The market is being driven by the increasing awareness to build food security in the region by the government.
From January to November 2022, the National Rice Program enabled 1.06 million farmers and over 3000 cooperatives to source hybrid rice seeds in the Philippines, besides obtaining government support for production, harvesting, and small-scale irrigation machinery. The Rice Competitiveness Enhancement Fund Program has also enabled over 10,000 rice farmers and nearly 200 cooperative organisations to borrow no-collateral and zero-interest funds for rice cultivation. This has resulted in a substantial increase in hybrid rice yields, from 7MT to 15MT in recent years.
Farmers in the country have achieved a 41% increase in rice yields through the usage of hybrid rice seeds as compared to inbred conventional seeds. In 2022, the SSR for round scad declined to 80% in the Philippines. Nearly 50% of all those people facing severe/moderate food insecurity are present in the Philippines. Hybrid rice seeds have a significant potential to increase the food security of the country and boost its economic growth rate.
Philippines Hybrid Rice Seed Market Growth
As per the Philippine Statistics Authority, the nation's self-sufficiency ratio of pork, chicken, tuna, and rice declined to 90% in 2022. As per a United Nations report, nearly 51 million people did not have access to healthy food in the Philippines in 2022. This has prompted increasing government initiatives towards the promotion of food security in the country through the distribution of hybrid rice seeds to poor farmers.From January to November 2022, the National Rice Program enabled 1.06 million farmers and over 3000 cooperatives to source hybrid rice seeds in the Philippines, besides obtaining government support for production, harvesting, and small-scale irrigation machinery. The Rice Competitiveness Enhancement Fund Program has also enabled over 10,000 rice farmers and nearly 200 cooperative organisations to borrow no-collateral and zero-interest funds for rice cultivation. This has resulted in a substantial increase in hybrid rice yields, from 7MT to 15MT in recent years.
Farmers in the country have achieved a 41% increase in rice yields through the usage of hybrid rice seeds as compared to inbred conventional seeds. In 2022, the SSR for round scad declined to 80% in the Philippines. Nearly 50% of all those people facing severe/moderate food insecurity are present in the Philippines. Hybrid rice seeds have a significant potential to increase the food security of the country and boost its economic growth rate.
Philippines Hybrid Rice Seed Industry Segmentation
Philippines Hybrid Rice Seed Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Type:
- Transgenic
- Non-Transgenic
Market Breakup by Grain Size:
- Long
- Medium
- Short
Philippines Hybrid Rice Seed Market Share
Based on grain size, the market is segmented into long, medium, and short. Over the forecast period, long-size rice grains are expected to grow at a CAGR of 5.6% as it is non-sticky and have wide-ranging applications.Leading Companies in the Philippines Hybrid Rice Seed Market
In February 2022, Bayer AG established its largest Global Business Services (GBS) site in Manila to celebrate 60 years of its presence in the Philippines, with a total investment of PhP 750 million.- Bayer AG
- Corteva Inc.
- Syngenta AG
- SL Agritech Corporation (SLAC)
- UPL Ltd. (Advanta Hybrid Rice Seed Philippines Inc.)
- Bioseed Research Philippines Inc.
- SeedWorks Philippines, Inc.
- Others
Philippines Hybrid Rice Seed Market Report Snapshots
Philippines Hybrid Rice Seed Market Size
Philippines Hybrid Rice Seed Market Growth
Philippines Hybrid Rice Seed Market Share
Philippines Hybrid Rice Seed Companies
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Asia Pacific Hybrid Rice Seed Market Overview
6 Philippines Hybrid Rice Seed Market Overview
7 Philippines Hybrid Rice Seed Market by Type
8 Philippines Hybrid Rice Seed Market by Grain Size
9 Market Dynamics
11 Competitive Landscape
Companies Mentioned
- Bayer AG
- Corteva Inc.
- Syngenta AG
- SL Agritech Corporation (SLAC)
- UPL Ltd. (Advanta Hybrid Rice Seed Philippines Inc.)
- Bioseed Research Philippines Inc.
- SeedWorks Philippines, Inc.