Asia-Pacific Wheat Seed Market Analysis Reports (2016–2021)


Posted March 30, 2018 by prashanth

Asia-Pacific Wheat Seed Market By Type (Hard Red Winter Wheat, Hard Red Spring Wheat, Soft Red Winter Wheat, White Wheat, Durum Wheat), Application (Bakery, Dairy, Confectionery, Nutritional Supplements, Others) And By Region
 
The Asia-Pacific Wheat Seed Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021. Wheat is one of the important staple crop cultivated widely for its seed, a cereal grain. Wheat is leading protein food and important source of carbohydrates. It is also good source of fibre, manganese and magnesium in its unrefined state. The wheat crop is highly volume and low profit owing to production by heavily subsidized government seed programmes. Wheat crop can be widely adaptable and grown in tropical and sub-tropical zones and also in cold traces of the north, beyond the 60-degree north altitude.

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Different products are derived from the wheat including flour, wheat, bran, bulgur, wheat germ, wheat germ oil and pasta. Wheat flour is used in baked goods such as breads, cookies and muffins.
Wheat grain is source of alcoholic beverages and bran from flour milling is important for livestock feed. The most common forms of wheat are red and white wheat. Black, yellow and blue wheat are commercially minor but nutritionally promising species. Technology innovation in wheat industry includes seed storage and germination ability which is amplifying the wheat seed market around the world.

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The Asia-Pacific Wheat Seed Market is mainly driven by the demand of food due to increasing population around the world and concern about healthy food. In addition, factors like changing lifestyle, increase in disposable income, technology innovations in production, storage and transportation of seeds, favourable government reimbursements, success of hybrid seeds and highly nutrition food compared to other cereals are also driving the growth of the Asia-Pacific wheat seed market. However, High labour cost, unfavourable weather condition and traditional harvesting methods are hampering the growth of the market.

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The Asia-Pacific Wheat Seed Market can be segmented on the basis of type, application and region. On the basis of type, the market is segmented into hard red winter wheat, hard red spring wheat, soft red winter wheat, white wheat and durum wheat. On the basis of application, the market is segmented into bakery, dairy, confectionary, nutritional supplements and others. Bakery is the largest segment due to the extensive use of wheat in its products. The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific is the fastest growing region due to emerging economies like China and India, increasing population, adopting western culture and rising funds.

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Key players dominating the Asia-Pacific wheat seed market are Syngenta, Monsanto Company, E. I. du Pont de Nemours and Company, Bayer Crop Science AG, Advanta, Pro Harvest, RAGT, Agrovegetal, Lima grain, Northern Seeds, KWS Saat, C & M Seeds and China National Seed Group.

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Last Updated March 30, 2018