The article “Thailand seed industry prognosis to 2018 – government assistance and technological improvement to elevate productivity” offers a complete examination of the several facets of the seed business in Thailand, such as the size of the market. In the research, the market is broken down into subcategories based on rice, maize, and vegetable seeds; hybrid vs non-hybrid seeds; local versus imports revenue; and so on. The study also gives a full presentation on the rice seed business as well as the maize seed industry in Thailand. Additionally, the paper covers the competitive landscape of key seed producing firms in Thailand in both the home market and the foreign market. The paper provides a detailed presentation of the future prognosis of the seed business in Thailand, including a discussion of the primary growth drivers, hurdles, porter’s five forces analysis, swot analysis, and macroeconomic indicators. When compared to the previous year, the amount of seeds that were produced in Thailand had a decrease of 2.4 percent in the year 2012. The performance of rice seed, which accounts for roughly 94.5 percent of the production volume of the total seed produced in 2013, is a key factor that determines the amount of total seed that is generated by the seed business as a whole. During the period under consideration (2006-2013), the global market for seeds had substantial increase in terms of production volume, as measured by a compound annual growth rate of 3.4 percent. The rice seeds, grain maize seeds, and vegetable seeds are the three main categories that make up the thai land’s seed business. Because of the rice seeds’ superior quality and the continuously growing demand for them across the globe, Thailand is now the world’s leading producer and exporter of rice seeds. The seed business in Thailand is made up of many different significant firms, both local and foreign players. These companies are engaged in the manufacture of many sorts of seeds, including genetically modified seeds, rice seeds, and maize seeds, amongst others. The seed sector in Thailand is going through a period of rapid transition at the moment. The market has been undergoing substantial transformation as a result of the competitive pressures as well as the technical improvements and rising backing from the government in the nation. It is anticipated that the seed sector in Thailand would expand at a rate of 7.3% between the years 2014 and 2018, bringing its total revenue up to thb million in 2018 from thb million in 2014. It is projected that there will be an increase in the entire need for food grains in the not-too-distant future, which will lead to an increase in the demand for seeds. This is due to the rising local consumption as well as the inclining worldwide demand for all sorts of food grains. The seed export situation in Thailand is becoming better on an annual basis as a result of an increase in the amount of income generated from exports by the businesses that are active in the maize and vegetable seed markets. Syngenta Seed was the market leader in the exports market in 2013, with exports revenue of thb million from tons of seed shipped. In total, syngenta Seed exported tons of seed. The company’s income from exports has climbed from thb 0 million in 2011, when it shipped 0 tons of seeds, to thb 0 million in 2018. The seed business in Thailand is highly developed, making it one of the most advanced in the nation. It has been doing incredibly well throughout the years and is responsible for providing a significant portion to the overall gross domestic product of the nation. On the other hand, it is anticipated that the business will encounter significant obstacles in the form of unpredictability in the weather conditions, which may have an effect on the occurrences of pests in the near term. High yields of crops grown in Thailand, such as wheat, maize, and sunflowers, are contingent not only on the presence of precipitation but also on favorable environmental conditions. Therefore, a delay in the rainfall or a lack of rainfall might lead to droughts, which could potentially cause uncertainty over demand. the market size of the Thailand seed industry in terms of revenue and production volume is one of the important issues that is addressed in the Thailand Seed Industry Report. The market may be segmented according to the kinds of seeds available, whether they are vegetable or non-vegetable seeds, as well as native or imported seeds. A look at the seed business in Thailand from a regional perspective. the size of the thailändische rice seed market in terms of production volume and revenue; market segmentation in terms of the sorts of rice seeds that are in demand; market structure; and seed certification. corn seed market size in thailand measured by production volume and revenue; market segmentation based on the different varieties of maize seeds available. a look at the export and import landscape, as well as trends and developments in the seed sector in Thailand. Growth drivers for the seed sector in Thailand. main obstacles that the Thailand Seed Industry must overcome. The seed industry in Thailand’s future prospects and forecasts are discussed. main determinants of the seed industry’s economic health in Thailand. ken research information department may be contacted at query@kenresearch.com or by calling +91-11-47017199 with any questions about the thailand seed market study.
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