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2019-06-18
190
Philippines
Market Overview
Philippines have low agricultural production of staple food due to lack of seed supply, thus it accounts for 14% imports. Therefore various agriculture research organizations such as Philippine Rice Research Institute, have grabbed this opportunity to develop the seeds for Philippines land and flourish the Philippines seeds market. Philippines agricultural sector accounted for 9% export of the total exports in 2016 and the agricultural industry has 10% contribution in GDP. In 2017, Philippines recorded the growth of 2.66% in crops sector, mainly from coconut, sugarcane, banana, pineapple, peanut, cassava, sweet potato, eggplant and rubber production. The growth of agriculture sector is thus driving the growth of seeds market. Bureau of Plant Industry (BPI) and The Philippine Seed Industry Association (PSIA) have major contribution in the production, supply of seeds and regulation of seeds market. The informal sector of the seeds market has the major market share and causes the stagnating growth of the major seeds players. Philippines accounts for 7.190 million hectare of crop land providing the scope for the growth of seeds market. Goldstein Research analyst forecast that the Philippines seed market is set to reach 1.9 billion by 2025, growing at a CAGR of 10.8% over the forecast period (2017-2025).
By Seed Type
Grain seeds accounted for the largest market share of 41.2% in 2017, with palay (rice) and corn accounted for 6% of the total grains produced.
By Seed Variety
By Process Equipment
By Distribution Channel
The report covers the present ground scenario and the future growth prospects of Philippines Seeds market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Philippines region. Philippines Seeds market is forecasted on the basis of seeds production and seeds supply and agricultural produce in the region.
Philippines Seeds Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Philippines Seeds market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Philippines Seeds Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
Our Philippines Seeds Market Report comprises of the following companies as the key players: Dow, DuPont, MacBio Co., ARK International Ventures Inc., NH Global Solution, kaye domingo, East West Seeds.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
For a full detailed overview, send us the sample request.
Key questions answered in this Philippines Seeds Market Report
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