| Product Code: ETC224730 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The soybean seed market in Vietnam is essential for soybean cultivation and production. Soybean seeds are the foundation of the soybean industry, supporting the growth of this valuable crop. As soybean demand increases for various applications, including food processing and animal feed, the soybean seed market plays a crucial role in ensuring a consistent supply of soybeans in Vietnam.
The growth of the Vietnam soybeans seed market is propelled by consumers` interest in home gardening and sustainable agriculture, the cultivation of soybeans for their protein-rich beans, and their applications in plant-based and homemade recipes. Soybeans seeds are known for their adaptability and versatility. The market benefits from consumers` gardening and food production initiatives, the inclusion of soybean seeds in home gardens, and their role as a source of fresh and nutritious beans. Suppliers provide soybean seed products that support consumers` efforts to grow their own soybean plants and incorporate fresh ingredients into their meals, contributing to the market`s growth.
The Vietnam soybean seed market faces challenges related to farmer adoption and crop management practices. Encouraging farmers to adopt soybean cultivation requires agricultural extension services and knowledge dissemination. Additionally, promoting sustainable crop management practices and addressing pest and disease challenges are crucial for the success of soybean cultivation in Vietnam.
In the Vietnam soybean seed market, the COVID-19 pandemic led to shifts in agricultural practices and supply chain considerations. Soybean seeds, used for domestic cultivation, saw increased demand as farmers looked for crop diversification options. However, disruptions in the availability of quality seeds and agricultural inputs posed challenges. Some farmers adopted alternative sourcing methods, while seed producers adapted to meet the growing demand. Overall, the market displayed adaptability in response to changing agricultural trends and the need for sustainable crop options.
In the Vietnam soybean seed market, key players involve both domestic seed producers and international suppliers of soybean seed varieties. Domestic companies like Cong Ty TNHH Nong San An Phu and Thanh Long Seed Co., Ltd. contribute to the production and distribution of soybean seeds used in agriculture and horticulture within Vietnam. Additionally, international suppliers of soybean seed products like Monsanto Company (now part of Bayer AG) are influential players in providing a wide range of soybean seed varieties to the Vietnamese market, supporting soybean cultivation and commercial farming.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Soybeans Seed Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Soybeans Seed Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Soybeans Seed Market - Industry Life Cycle |
3.4 Vietnam Soybeans Seed Market - Porter's Five Forces |
3.5 Vietnam Soybeans Seed Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Soybeans Seed Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Soybeans Seed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for soy-based products in Vietnam |
4.2.2 Government support and initiatives to promote soybean cultivation |
4.2.3 Growing awareness about the health benefits of soybeans |
4.2.4 Favorable climate conditions for soybean cultivation in Vietnam |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality soybean seeds |
4.3.2 Competition from other crops such as rice and maize |
4.3.3 Lack of advanced technology for soybean cultivation |
4.3.4 Price volatility in the global soybean market affecting local farmers |
5 Vietnam Soybeans Seed Market Trends |
6 Vietnam Soybeans Seed Market, By Types |
6.1 Vietnam Soybeans Seed Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Soybeans Seed Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Soybeans Seed Market Revenues & Volume, By GMO, 2021-2031F |
6.1.4 Vietnam Soybeans Seed Market Revenues & Volume, By Non-GMO, 2021-2031F |
6.2 Vietnam Soybeans Seed Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Soybeans Seed Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Vietnam Soybeans Seed Market Revenues & Volume, By Scientific Research, 2021-2031F |
6.2.4 Vietnam Soybeans Seed Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Soybeans Seed Market Import-Export Trade Statistics |
7.1 Vietnam Soybeans Seed Market Export to Major Countries |
7.2 Vietnam Soybeans Seed Market Imports from Major Countries |
8 Vietnam Soybeans Seed Market Key Performance Indicators |
8.1 Adoption rate of improved soybean seed varieties |
8.2 Percentage increase in area under soybean cultivation |
8.3 Yield per hectare of soybean crops |
8.4 Farmer profitability from soybean cultivation |
8.5 Investment in research and development for soybean seed technology |
9 Vietnam Soybeans Seed Market - Opportunity Assessment |
9.1 Vietnam Soybeans Seed Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Soybeans Seed Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Soybeans Seed Market - Competitive Landscape |
10.1 Vietnam Soybeans Seed Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Soybeans Seed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |