Ken Research announced its latest publication on “Vietnam Seed Industry Outlook to 2018 - Rice Seed and Hybridization to Drive Future Growth” which provides a comprehensive analysis of the seed market in Vietnam. The seed industry in the country is characterized by its heterogeneity. The product segments of the industry include major field crops such as rice, corn, soybean, groundnut, oilseeds and vegetables.
The industry is categorized in the publication into hybrid seeds, which are developed through cross pollination and cannot be reused. These are the first generation seeds (F1) produced from crossing two genetically dissimilar parent species. However, the offspring of such seeds cannot be replanted, as the next generations gives much lower yields. The second category is non hybrid seeds, which pollinate by themselves and can be reused but with demurring returns. The farmer’s varieties are those varieties which have been developed by the farmers over the years to ensemble their ecological, nutritional, taste, medicinal, fodder, fuel, and other needs.
The publication has showcased that drivers and challenges that farmers and manufacturers are facing in adopting hybrid seeds in the country. With increasing efforts from the Vietnam government to encourage farmers to grow hybrid crops and increasing FDI in the seed industry, the share of hybrid seeds is further expected to incline in the coming years.
The report also discuss in detail the competitive structure of several players involved in corn seed, rice seed market along with the import scenario in the country as the market is largely import driven. The market intelligence report indicated the USPs of each major player positioned in the industry along with their business strategies.
Reasons to buy the Report:
The report answers the following questions on Vietnam Seed Industry
- What are the changes and Transformation in the Seed Industry?
- How Rice and Corn Seed Market is Evolving?
- What is the Government Role and Support in the Industry?
- How Hybrid Seeds Industry will Pan out in Vietnam?
- Who are the major players in Corn seed, Rice Seeds and other seed Market?
- What is the Market Share of Major Players in Each Segment?
- What are the Entry Barriers and Challenges in the Industry?
- How is Formal and Informal Market Structured?
- What is the Growth of Production Volume?
- What are the recent Trends and Developments?
- What are the Strengths, Weakness, Opportunities, threats in the sector?
- What will be the Future Outlook and projections of each segment?
- How Macro Economic Environment affect the seed industry?
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Ken Research
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
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