Conventional Seeds Market in Thailand

Conventional Seeds in Thailand Trends and Forecast

The future of the conventional seeds market in Thailand looks promising with opportunities in the cereal & grain, oilseed & pulse, and fruit & vegetable markets. The global conventional seeds market is expected to grow with a CAGR of 5.6% from 2025 to 2031. The conventional seeds market in Thailand is also forecasted to witness strong growth over the forecast period. The major drivers for this market are the growing global population and food demand, increasing adoption of genetically modified (GM) seeds, and advancements in seed technology and breeding techniques.

• Lucintel forecasts that, within the type category, herbicide-tolerance (HT) is expected to witness higher growth over the forecast period.
• Within the application category, cereal & grain is expected to witness the highest growth.

Emerging Trends in the Conventional Seeds Market in Thailand

The conventional seeds market in Thailand is experiencing rapid transformation driven by technological advancements, changing consumer preferences, and environmental considerations. As farmers seek higher yields and better quality crops, the industry is adopting innovative practices to meet these demands. Market players are focusing on sustainability, genetic improvements, and digital integration to stay competitive. These emerging trends are not only reshaping the agricultural landscape but also influencing supply chains, pricing strategies, and regulatory frameworks. Understanding these developments is crucial for stakeholders aiming to capitalize on new opportunities and mitigate potential risks in this evolving market environment. The following trends highlight the key directions shaping the future of Thailand’s conventional seed industry.

• Digital Agriculture Adoption: The integration of digital tools such as precision farming, IoT sensors, and data analytics is revolutionizing seed selection and crop management. Farmers now access real-time data to optimize planting, watering, and fertilization, leading to increased efficiency and yield. This trend enhances decision-making accuracy, reduces resource wastage, and promotes sustainable practices. Digital platforms also facilitate better seed distribution and traceability, improving transparency and trust within the supply chain. As technology becomes more accessible, adoption rates are expected to grow, transforming traditional farming into a more data-driven industry.
• Focus on Genetic Improvement: There is a significant emphasis on developing high-yield, disease-resistant, and climate-resilient seed varieties through advanced breeding techniques. This trend aims to meet the increasing food demand and adapt to Thailand’s changing climate conditions. Genetic improvements help farmers achieve better productivity with fewer inputs, reducing costs and environmental impact. Companies investing in research and development are gaining competitive advantages by offering superior seed options. This focus on genetics is crucial for ensuring food security and supporting sustainable agricultural growth in Thailand.
• Sustainability and Organic Certification: Growing consumer awareness about health, safety, and environmental impact is driving demand for organic and sustainably produced seeds. Farmers are increasingly adopting eco-friendly practices, including the use of organic seeds that meet strict certification standards. This trend encourages the industry to develop and promote organic seed varieties, reducing reliance on chemical inputs. Certification processes ensure quality and authenticity, boosting consumer confidence. Sustainability initiatives also align with global environmental goals, positioning Thailand’s seed market as a responsible and forward-looking sector committed to ecological balance.
• Market Consolidation and Strategic Alliances: The industry is witnessing increased mergers, acquisitions, and collaborations among seed companies, research institutions, and agribusinesses. These strategic alliances aim to pool resources, share expertise, and accelerate innovation. Market consolidation helps streamline operations, expand product portfolios, and enhance distribution networks. It also enables companies to better respond to regulatory changes and market demands. Such collaborations foster knowledge exchange and technological advancements, strengthening Thailand’s seed industry’s global competitiveness. This trend signifies a move towards a more integrated and resilient market structure.
• Regulatory and Policy Developments: Evolving government policies and regulations are shaping the seed industry landscape. Efforts to standardize seed quality, improve intellectual property rights, and promote local seed production are gaining momentum. These policies aim to protect farmers’ interests, ensure seed purity, and encourage innovation. Additionally, regulations related to biosafety and environmental impact are becoming more stringent, influencing seed development and commercialization. Staying compliant with these policies is vital for market players to avoid penalties and maintain market access. Regulatory developments are fostering a more transparent, secure, and sustainable seed industry in Thailand.

These emerging trends are collectively transforming Thailand’s conventional seed market into a more innovative, sustainable, and competitive sector. Digital adoption enhances efficiency, while genetic improvements and sustainability initiatives meet evolving consumer and environmental demands. Market consolidation and strategic alliances foster resilience and innovation, positioning Thailand as a key player in the global seed industry. Regulatory reforms ensure quality and safety, creating a more transparent and secure environment for stakeholders. Overall, these developments are driving growth, improving productivity, and ensuring the long-term sustainability of Thailand’s agricultural sector, shaping a future-ready seed industry.

Recent Developments in the Conventional Seeds Market in Thailand

The conventional seeds market in Thailand has experienced significant transformations driven by technological advancements, changing agricultural practices, and increasing demand for sustainable farming solutions. As Thailand continues to modernize its agricultural sector, the adoption of high-quality seeds has become crucial for enhancing crop yields and ensuring food security. Market players are focusing on innovation, quality improvement, and expanding distribution channels to meet the rising needs of farmers. Government policies and international collaborations are also playing a vital role in shaping the market landscape. These developments collectively aim to boost productivity, reduce dependency on imports, and promote environmentally friendly farming practices, thereby creating a more resilient and competitive seed industry in Thailand.

• Technological Advancements: Introduction of biotech and hybrid seed varieties has revolutionized crop production in Thailand. These innovations offer higher yields, pest resistance, and drought tolerance, significantly improving farmers’ productivity. The integration of digital tools for seed selection and crop management has enhanced decision-making processes. As a result, farmers are able to optimize inputs and reduce losses, leading to increased profitability. The adoption of advanced seed technologies is also attracting investments from global players, fostering market growth. Overall, technological progress is making Thai agriculture more efficient, sustainable, and competitive on the international stage.
• Quality Improvement and Certification: Efforts to enhance seed quality through rigorous certification processes have gained momentum in Thailand. Certified seeds ensure genetic purity, germination rates, and disease resistance, which are critical for successful cultivation. The government and private sector collaborations have established strict standards and testing facilities to maintain quality benchmarks. This focus on quality has increased farmers’ confidence in using certified seeds, reducing risks associated with poor yields. Consequently, the market has seen a surge in demand for certified seeds, encouraging producers to invest in quality control measures. Improved seed quality directly contributes to higher crop productivity and farmer income.
• Expansion of Distribution Channels: The development of extensive distribution networks has improved seed accessibility across Thailand, especially in remote and rural areas. Modern retail outlets, agro-dealers, and online platforms now facilitate easier procurement of seeds. This expansion has reduced supply chain inefficiencies and lowered costs for farmers. Additionally, strategic partnerships with local cooperatives and government agencies have enhanced outreach efforts. As a result, smallholder farmers are now able to access a wider variety of seeds, including new and improved strains. The strengthened distribution infrastructure is vital for ensuring timely seed availability, ultimately supporting increased adoption of quality seeds and boosting overall market growth.
• Government Policies and Support: Thailand’s government has implemented policies to promote sustainable seed production and distribution. Initiatives include subsidies, training programs, and research funding aimed at developing resilient seed varieties suited to local conditions. Regulatory frameworks ensure seed quality and prevent the circulation of counterfeit products. These policies encourage local seed companies and farmers to adopt certified seeds, fostering a more organized and reliable market. The government’s active role has also attracted foreign investment and facilitated technology transfer. Overall, supportive policies are instrumental in stabilizing the market, enhancing seed quality, and ensuring long-term growth.
• Focus on Sustainable and Organic Seeds: Growing awareness of environmental issues has led to increased demand for organic and sustainable seed options in Thailand. Farmers are seeking eco-friendly seeds that reduce chemical inputs and promote biodiversity. Market players are investing in research to develop organic seed varieties and promote sustainable farming practices. Certification schemes for organic seeds are gaining recognition, boosting consumer confidence. This shift aligns with global trends toward sustainability and organic agriculture, opening new market segments. The focus on sustainable seeds is also encouraging innovation and responsible farming, contributing to the long-term resilience of Thailand’s agricultural sector.

These recent developments are transforming the conventional seeds market in Thailand by enhancing seed quality, expanding access, and promoting sustainability. Technological innovations and quality improvements are increasing crop yields and farmer profitability. Improved distribution channels ensure wider reach, especially in rural areas, while supportive government policies foster a stable and regulated market environment. The emphasis on organic and sustainable seeds aligns with global trends, opening new growth avenues. Collectively, these developments are making Thailand’s seed industry more competitive, resilient, and environmentally conscious, positively impacting the overall agricultural market and food security in the country.

Strategic Growth Opportunities for Conventional Seeds Market in Thailand

The conventional seeds market in Thailand is experiencing rapid growth driven by technological advancements, changing agricultural practices, and increasing demand for high-yield crops. As farmers seek more efficient and sustainable solutions, key application areas are presenting significant opportunities for expansion. These growth opportunities are shaping the future landscape of Thailand’s agricultural sector, fostering innovation and improving productivity. Understanding these developments is crucial for stakeholders aiming to capitalize on emerging trends and enhance market competitiveness. The following highlights five key growth opportunities across different applications within this market.

• Crop Improvement: The adoption of advanced breeding techniques and hybrid seed development is revolutionizing crop yields. This growth opportunity allows farmers to produce higher-quality, disease-resistant, and climate-resilient crops, significantly boosting productivity. It also reduces reliance on chemical inputs, promoting sustainable farming practices. As a result, crop improvement is driving market expansion by meeting the increasing demand for food security and export quality standards. This trend encourages innovation and investment in seed research, positioning Thailand as a competitive player in the regional seed industry.
• Organic Farming: The rising consumer preference for organic produce is creating a substantial demand for organic seeds. This opportunity supports sustainable agriculture by reducing chemical usage and promoting eco-friendly farming practices. Organic seed production requires specialized breeding and certification processes, which are gaining traction in Thailand. The growth of organic farming not only enhances biodiversity but also opens new market segments for seed companies. As awareness about health and environmental issues increases, organic seed demand is expected to grow, contributing to diversification and resilience in the seed market.
• Climate-Resilient Seeds: Climate change impacts, such as unpredictable weather patterns and droughts, necessitate the development of climate-resilient seeds. This growth opportunity enables farmers to adapt to environmental stresses, ensuring stable yields and food security. Investment in research for drought-tolerant, flood-resistant, and heat-tolerant seeds is accelerating, supported by government initiatives and international collaborations. The deployment of these seeds reduces crop failure risks and enhances farmers’ resilience, thereby expanding the market for innovative seed varieties. This trend aligns with Thailand’s broader goals of sustainable and climate-smart agriculture.
• Precision Agriculture: The integration of digital technologies with seed application is transforming traditional farming practices. Precision agriculture enables targeted seed planting, optimized resource use, and real-time monitoring, leading to increased efficiency and productivity. This growth opportunity attracts investments in smart farming tools, data analytics, and IoT devices, which complement seed technology. As farmers adopt these innovations, the market for high-quality, precision-engineered seeds expands. This approach reduces input costs and environmental impact, fostering sustainable growth and positioning Thailand as a leader in modern agricultural practices.
• Export-Oriented Seeds: Thailand’s strategic focus on export markets is driving demand for high-quality, certified seeds that meet international standards. This growth opportunity involves developing varieties suitable for global markets, including those with disease resistance and high yield potential. Strengthening seed certification and quality assurance processes enhances export competitiveness. Expanding export-oriented seed production not only boosts revenue but also encourages technological advancements and capacity building within the industry. This trend supports Thailand’s goal of becoming a regional hub for premium seed exports, opening new avenues for growth and market diversification.

These five growth opportunities are significantly impacting the conventional seeds market in Thailand by fostering innovation, sustainability, and competitiveness. Crop improvement, organic farming, climate-resilient seeds, precision agriculture, and export-oriented strategies collectively enhance productivity and market reach. They enable farmers to adapt to environmental challenges, meet consumer demands, and access new markets. As a result, the market is witnessing increased investment, technological adoption, and diversification, positioning Thailand as a key player in the regional and global seed industry. These developments are shaping a resilient, sustainable, and forward-looking agricultural landscape.

Conventional Seeds Market in Thailand Driver and Challenges

The conventional seeds market in Thailand is influenced by a variety of technological, economic, and regulatory factors. Advances in agricultural technology, changing consumer preferences, government policies, and global trade dynamics play significant roles in shaping market trends. Additionally, environmental concerns and sustainability initiatives are increasingly impacting seed production and distribution. These drivers and challenges collectively determine the growth trajectory, competitiveness, and innovation within the market, requiring stakeholders to adapt to evolving conditions to maintain profitability and meet demand efficiently.

The factors responsible for driving the conventional seeds market in Thailand include:-
• Technological Advancements: Innovation in seed breeding and biotechnology enhances crop yields and resistance, making conventional seeds more attractive to farmers seeking higher productivity. These advancements reduce the time and resources needed for crop development, leading to increased adoption. As technology becomes more accessible, farmers can select seeds tailored to specific climatic and soil conditions, boosting overall efficiency. This continuous innovation fosters market growth by providing better quality seeds and expanding the range of crops that can be cultivated successfully.
• Government Policies and Support: The Thai government actively promotes agricultural development through subsidies, research funding, and favorable regulations. Policies aimed at increasing food security and self-sufficiency encourage farmers to adopt conventional seeds that are locally adapted and cost-effective. Support programs also facilitate access to quality seeds and training, reducing barriers for smallholder farmers. Such initiatives create a conducive environment for market expansion and innovation, ensuring sustainable growth in the conventional seed sector.
• Growing Demand for Food Security: Rising population and changing dietary preferences increase the need for higher crop yields, driving demand for reliable seed varieties. Farmers seek seeds that can withstand pests, diseases, and climate variability, ensuring stable production. This demand encourages seed companies to develop and distribute improved conventional seeds, fostering market expansion. The focus on food security also prompts investments in research and development, further enhancing seed quality and diversity.
• Export Opportunities and Trade Dynamics: Thailand’s strategic location and trade agreements facilitate the export of conventional seeds to neighboring countries. Growing international demand for Thai seeds boosts market revenues and encourages local producers to meet global standards. Export opportunities also motivate innovation and quality improvements, positioning Thailand as a key player in the regional seed market. This dynamic fosters competitiveness and diversification within the sector.
• Environmental and Sustainability Concerns: Increasing awareness of environmental impacts prompts a shift towards sustainable farming practices. Conventional seeds that require fewer chemical inputs and are suited to organic farming are gaining popularity. This trend encourages seed companies to develop eco-friendly varieties, aligning with global sustainability goals. Adoption of such seeds can reduce environmental footprints, improve soil health, and promote biodiversity, thereby supporting long-term market stability and growth.

The challenges in the conventional seeds market in Thailand are:
• Regulatory and Certification Barriers: Stringent regulations and certification processes can delay seed approval and distribution, limiting market agility. Compliance costs and bureaucratic hurdles pose challenges for seed producers, especially small and medium enterprises. These barriers can hinder innovation and reduce competitiveness, impacting the availability of new seed varieties. Navigating complex regulatory landscapes requires significant resources, which may deter entry or expansion in the market.
• Climate Variability and Environmental Risks: Unpredictable weather patterns, droughts, and floods threaten crop yields and seed performance. These environmental challenges complicate seed development and testing, increasing costs and timeframes. Farmers may be hesitant to adopt new seeds without assured resilience, slowing market growth. Addressing climate risks requires ongoing research and adaptation strategies, which can strain resources and impact profitability.
• Market Fragmentation and Price Competition: The presence of numerous small-scale seed producers leads to a fragmented market with intense price competition. This fragmentation can reduce profit margins and discourage innovation investments. Farmers may also face difficulties in assessing seed quality, leading to inconsistent yields. Market fragmentation hampers the development of a cohesive industry structure, affecting overall growth and sustainability.

In summary, the conventional seeds market in Thailand is shaped by technological progress, supportive policies, and increasing demand for food security, which drive growth and innovation. However, regulatory hurdles, climate risks, and market fragmentation pose significant challenges. Together, these factors influence the market’s evolution, requiring stakeholders to balance innovation with sustainability and regulatory compliance. Overall, the market’s future depends on strategic adaptation to these dynamic drivers and challenges, ensuring sustainable growth and competitiveness.

List of Conventional Seeds Market in Thailand Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, conventional seeds companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the conventional seeds companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7

Conventional Seeds Market in Thailand by Segment

The study includes a forecast for the conventional seeds market in Thailand by type and application.

Conventional Seeds Market in Thailand by Type [Analysis by Value from 2019 to 2031]:

• Herbicide-Tolerance (HT)
• Insect-Resistance (IR)
• Other Traits

Conventional Seeds Market in Thailand by Application [Analysis by Value from 2019 to 2031]:

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

Features of the Conventional Seeds Market in Thailand

Market Size Estimates: Conventional seeds in Thailand market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Conventional seeds in Thailand market size by type and application in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different type and application for the conventional seeds in Thailand.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the conventional seeds in Thailand.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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FAQ

Q1. What are the major drivers influencing the growth of the conventional seeds market in Thailand?
Answer: The major drivers for this market are the growing global population and food demand, increasing adoption of genetically modified (GM) seeds, and advancements in seed technology and breeding techniques.
Q2. What are the major segments for conventional seeds market in Thailand?
Answer: The future of the conventional seeds market in Thailand looks promising with opportunities in the
Q3. Which conventional seeds market segment in Thailand will be the largest in future?
Answer: Lucintel forecasts that, within the type category, herbicide-tolerance (HT) is expected to witness higher growth over the forecast period.
Q4 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 10 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the conventional seeds market in Thailand by type (herbicide-tolerance (HT), insect-resistance (IR), and other traits) and application (cereals & grains, oilseeds & pulses, fruits & vegetables, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Conventional Seeds Market in Thailand, Conventional Seeds Market in Thailand Size, Conventional Seeds Market in Thailand Growth, Conventional Seeds Market in Thailand Analysis, Conventional Seeds Market in Thailand Report, Conventional Seeds Market in Thailand Share, Conventional Seeds Market in Thailand Trends, Conventional Seeds Market in Thailand Forecast, Conventional Seeds Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.