Perspectives
Commercial Seed in China
Plow and Plant Today for Harvesting Tomorrow
Chemical Quarterly - 2012 Q2
Deloitte China Chemical industry team releases Chemical Quarterly on a regular basis to enhance Deloitte’s market eminence in chemical industry and assist our practitioners to better serve and develop clients. In the Chemical Quarterly, you will find the forward-looking points-of-view on numerous business lines such as materials science, crop science and environmental science etc.
This edition focuses on China's commercial seed industry with in-depth analysis. The article indicates that China's commercial seed sector is attractive and promising, yet active Chinese players need to ramp up urgently R&D in biotech seeds to anticipate increasing penetration of foreign products despite high entry barriers.
Key findings:
- Growing market demand, with low penetration of biotech seeds.
- Highly fragmented industry as dominated by small-to-medium-sized domestic players, consolidation is underway.
- R&D as the key lever for Chinese players to capture future value.