Russia Seed - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2016 - 2030

Key Highlights

• Grains & Cereals is the Largest Crop Family: Russia is one of the major producers of wheat. An increase in the area under wheat cultivation, favorable climatic conditions, and high export demand fueled the market.
• Hybrids is the Largest Breeding Technology: The high share of hybrids is associated with the increasing area under hybrids, the comparatively higher seed replacement, high yielding, and disease resistance.
• Brassicas is the Fastest-growing Crop Family: Russia is the largest producer of cabbage in Europe. The fastest growth is due to the short cropping season of brassicas and adaptability to wider growing environments.
• Hybrids is the Fastest-growing Breeding Technology: Due to the inherent characteristics such as high vigor, resistance to biotic and abiotic stresses, high yielding and uniform maturity, the hybrid segment is growing fastest.

Russia Seed Market Trends

Hybrids is the largest Breeding Technology

• The hybrid seed segment occupies a major share of the Russian seed market because most Russian farmers use hybrids for vegetables and row crops to increase production and yield.
• In row crops, open-pollinated varieties (OPVs) accounted for 28.7% whereas in vegetables OPVs accounted for 20.3% in the Russian seed market as of 2021. The increase in protected farming of vegetables and the rising usage of hybrids are resulting in a decrease in open-pollinated varieties and hybrid derivatives in vegetables.
• Under hybrids, corn occupied a 42.5% market share in 2021 due to a large area being cultivated with hybrid seeds. The continuous expansion of the planting area under these crops is fueling the growth of the market.
• In vegetable seeds, the hybrid segment accounted for a 79.7% share in 2021, in which Solanaceae accounted for 27.0%.
• The yield of some major crops in Russia is significantly decreasing. Diseases, unfavorable environments, and drought in some parts of the country caused massive reductions in crop yields in a few years. Sorghum yield accounted for 10,583 hg/ha in 2020, a decrease of 19% from the previous year.
• To compensate for yield losses in the future, Russian farmers need to make full use of the available potential for adaptation. This includes selecting varieties that are more robust, high yielding, and adaptable to local conditions.
• Non-transgenic hybrids in the hybrid segment dominate the market because of the ban on GMO crops in the country. The demand for non-transgenic seeds in the hybrid segment is expected to increase, registering a CAGR of 5.0% during the forecast period.

Russia Seed Industry Overview

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support