Seed Industry in Pakistan Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The arable land in Pakistan was reduced from 2017 to 2020. The total arable land in Pakistan in 2017 was around 31,210,000 hectares condensed and reached 30,930,000 hectares in 2020. As a result of population expansion and a steady land degradation rate, the per capita land is anticipated to decrease in the future. The decreasing per capita availability of arable land is a significant concern for agricultural production in Pakistan. However, it is considered to be a driver for the seed industry.

The need to increase production from the fluctuating arable land to get higher returns can be met using HYVs and hybrid varieties. This trend encourages farmers to shift their focus from conventional seed sources to packaged seeds, which promise better returns. Hence, to meet the increasing food demand, the production of crops, such as cereals and pulses, needs to increase despite the limited availability of arable land. This has propelled the farmers in the country to adopt high-yielding varieties to produce more within the little available land. This, in turn, drives the growth of the market.

The Pakistan Seed Market size is expected to grow from USD 392.88 million in 2023 to USD 506.22 million by 2028, at a CAGR of 5.20% during the forecast period (2023-2028). 

An increase in hybrid seed penetration is anticipated in multiple crops to address the rising food demand-supply mismatch in the country. Due to a decrease in arable land and a constant increase in population, the per capita arable land has declined. These factors, along with poor crop productivity, are likely to create pressure on the food supply in the country.

The seed sector in Pakistan is characterized by agitation between archaic regulations and entrepreneurs in the growing market. All critical aspects of the system, such as licensing of seed producers, variety release procedures, access to public germplasm, quality control, intellectual property rights (IPRs), imports, and exports, are all governed by laws and rules framed several decades ago for a system dominated by public-sector enterprises. However, seed law amendments and the introduction of new laws to propagate biotech seeds can be promising steps toward formalizing the informal sector.

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