Conference Background
Seeds play a very important role in agricultural production. It is reported that seed has improved crop yield in Chinawith contribution rate of 30%~ 40%.
China is one of the largest seed producers and suppliers in the world, with annual consumption of over 11 million tonnes and annual market value growth rate of 10.62% since 2005. The market value climbed to USD8.05 billion in 2008, next only to the US in the world.
At present, Chinese seed industry has severe problems to solve:
ü Large numbers of small-scale enterprises and low market concentration degree. China has over 7,000 seed producers, but top 10 seed producers only took up about 0.8% of global seed sales revenue in 2009.
ü Insufficient R&D investment. The average seed R&D investment of Chinese seed producers seizes on less 1% of total sales revenue. And 90% R&D of seed new varieties mainly comes from research institutes no seed producers.
ü Disorder seed market management. The protection of seed intellectual property is relatively weak in China.
ü The R&D technologies of seed producers are relatively weak in China compared with overseas producers, except hybrid rice.
ü Seed trade deficit is expanding, especially high added value seeds, such as vegetable seeds and flower seeds.
Owing to big market cake, high gross profit rate and considerable investment returns, more and more overseas seed companies entered China, which intensifies competition in China. Up to now, over 70 overseas seed producers, such as Mosanto, Dupont/Pioneer, and Syngenta, etc, have entered China’s seed market. And overseas seed producers have dominated some high added-value seeds, such as vegetable seeds, flower seeds. It is estimated that about 50% market share of vegetable seeds is dominated by overseas seed producers.
Faced with the fierce market competition of both home and aboard seed industry, what is the current status of China’s seed market? What is the competitive environment of seed market in China? What are the demand characteristics and influencing factors?What are the market distribution and marketstructure of main crop varieties?What are the risks and opportunities of the seed market in China? What is the future of seed industry in China?