PHILIPPINES HYBRID RICE SEED MARKET BY BUSINESS GROWTH, DEVELOPMENT FACTORS, APPLICATIONS, AND FUTURE PROSPECTS 2020 – 2024
“Philippines Hybrid Rice Seed Market” report presents a comprehensive overview, market shares, and growth opportunities of the Philippines Hybrid Rice Seed market by product type, application, key companies, and key regions. It comprehensively prepared with the main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It offers a detailed analysis of the competition and leading companies of the global Philippines Hybrid Rice Seed market. It concentrates on the recent developments, sales, market value, production, gross margin, and other important factors of the business of top players operating in the global Philippines Hybrid Rice Seed market.
Market Overview:
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Scope of the Report:
Hybrids are produced by crossing two inbred, genetically fixed varieties of a particular crop. The companies in the hybrid rice seed industry operate in B2B and B2C formats. The end users include farmers and institutional buyers operating in agricultural production.
Top Manufacturers Are:
Key Market Trends:
Increasing Government Initiatives, like Food Staples Self-sufficiency Program
Rice is an important food crop, as well as a source of livelihood in the Philippines. The intakes from the “Food Staples Sufficiency Program 2011-2016” reveals that more than two million households are engaged in rice-based farming and trading for a living in the country. The report also mentions that around 45% of the calorie intake of the Filipinos comes from rice. Rice imports went up, owing to the growing population and increased incomes, particularly among the lower-income consumer groups. Imports as a proportion of consumption escalated to 16.4% in 2006-2010, from less than 1.4% in 2000’s. These supply shortages and price instability can further have serious implications for poverty and hunger in the country. Thus, in order to address these supply shortages, the government has taken an initiative named Food Staples Self-sufficiency Program (FSSP) to boost the overall agricultural productivity, in order to achieve the national goal of self-sufficiency. This policy provided the rice producers a stable and remunerative environment, conducive to invest in higher farm productivity. While rice is the main focus of FSSP, other equally healthy staples are also included in the program.
Increased Adoption toward Modern Rice Varieties
Over the years, technological innovations have been prominent in rice production in the Philippines. The establishment of two rice R&D institutions, namely, the Philippine Rice Research Institute (PhilRice) and the International Rice Research Institute (IRRI), paved the way for an extensive development of modern rice technologies in the Philippines. According to the International Rice Research Institute Data verse analysis, the choice of a rice variety to plant depends on many reasons, including high yielding, faster maturity rate, high milling recovery, and intermediate amylose content. Moreover, in the early 2000’s, the total rice area planted to modern varieties was 75% in both irrigated and rainfed areas, which increased to 100% in 2003. This further dropped down to 88%, in 2016. This sharp decline is primarily attributed to the modern varieties (developed in 2016) that failed to meet the desired yielding choices of the farmers.
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What Philippines Hybrid Rice Seed Market Research Offers:
- Philippines Hybrid Rice Seed market gives evaluations for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
- Philippines Hybrid Rice Seed market forecasts for a minimum of 5 years of all the mentioned segments
- Supply chain trends mapping the latest industrial advancements
- Global Philippines Hybrid Rice Seed industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
- Calculated for the new entrants in the Philippines Hybrid Rice Seed market
- Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
- Philippines Hybrid Rice Seed market provides manufacturers with basic information, product category, sales revenue, price, and gross margin
- Provide Company profiling with detailed strategies, financials, and recent developments
And many more…
Detailed TOC of Philippines Hybrid Rice Seed Market – Segmented by Geography – Growth, Trend, and Forecast:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.4.1 Value Chain Overview
4.4.2 Price Markups in the Value Chain
4.4.3 Stakeholders in the Value Chain
5 MARKET SEGMENTATION
5.1 Distribution Channel
5.1.1 Governmental Distribution Channel
5.1.2 Private Distribution Channel
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Bayer Crop Science Inc.
6.3.2 Bioseed Research Philippines Inc.
6.3.3 Advanta Limited
6.3.4 Pioneer Hi-Bred Philippines Inc.
6.3.5 SL Agritech Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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