| Product Code: ETC224725 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for soybean seeds exhibited a declining growth rate of -4.0% from 2023 to 2024, contrasting with the 4.68% compound annual growth rate (CAGR) observed from 2020 to 2024. This dip in import momentum could be attributed to shifting demands in the market or alterations in trade policies impacting the soybean seed sector.
The Thailand soybean seed market has flourished due to the increasing cultivation of soybeans. Soybean seeds are essential for soybean production and have witnessed strong demand from both farmers and agricultural companies.
One of the primary drivers of the Thailand soybean seed market is the rising demand for soy-based products, such as soybean oil, tofu, and soy milk, among consumers. Soy is perceived as a healthy and versatile source of protein, driving its consumption across various food and beverage categories. As health-consciousness among consumers continues to grow, there is an increased preference for plant-based protein sources like soybeans. Soybeans are known for their nutritional benefits, including being rich in essential amino acids, making them a preferred choice for individuals seeking healthier dietary options.
The Thailand Soybean Seeds market is challenged by the need to develop locally adapted soybean varieties. Soybean cultivation in Thailand requires varieties that can thrive in the country`s climate and soil conditions. Additionally, ensuring the availability of high-quality seeds and promoting their adoption among farmers is crucial. Research and development efforts to create suitable soybean varieties are ongoing challenges.
The Thailand Soybean Seed market felt the impact of COVID-19 as the pandemic disrupted seed production and distribution channels. Farmers faced difficulties in obtaining quality soybean seeds, which affected planting schedules. Despite initial setbacks, the market saw recovery as seed companies adapted to new safety protocols and implemented innovative distribution methods. The increased focus on food security and self-sufficiency prompted a resurgence in demand for soybean seeds, with more farmers turning to soybean cultivation.
The soybean seed market in Thailand is crucial for maintaining a stable soybean supply chain. Key players such as Thai Seed Genetics Co., Ltd. and Siam Agro Genetics Ltd. have focused on developing high-yielding and disease-resistant soybean seed varieties. These companies collaborate with local farmers and provide them with access to advanced agricultural technologies and best practices. Their commitment to improving soybean seed quality has contributed significantly to the growth of the soybean industry in Thailand.
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 Thailand Soybeans Seed Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Soybeans Seed Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Soybeans Seed Market - Industry Life Cycle |
3.4 Thailand Soybeans Seed Market - Porter's Five Forces |
3.5 Thailand Soybeans Seed Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Soybeans Seed Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Soybeans Seed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for soybean products in Thailand |
4.2.2 Government support and incentives for soybean cultivation |
4.2.3 Growing awareness about the benefits of soybean seeds |
4.3 Market Restraints |
4.3.1 Competition from other oilseed crops |
4.3.2 Dependence on imports for soybean seeds |
4.3.3 Lack of technological advancements in soybean seed production |
5 Thailand Soybeans Seed Market Trends |
6 Thailand Soybeans Seed Market, By Types |
6.1 Thailand Soybeans Seed Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Soybeans Seed Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Soybeans Seed Market Revenues & Volume, By GMO, 2021-2031F |
6.1.4 Thailand Soybeans Seed Market Revenues & Volume, By Non-GMO, 2021-2031F |
6.2 Thailand Soybeans Seed Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Soybeans Seed Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Thailand Soybeans Seed Market Revenues & Volume, By Scientific Research, 2021-2031F |
6.2.4 Thailand Soybeans Seed Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Soybeans Seed Market Import-Export Trade Statistics |
7.1 Thailand Soybeans Seed Market Export to Major Countries |
7.2 Thailand Soybeans Seed Market Imports from Major Countries |
8 Thailand Soybeans Seed Market Key Performance Indicators |
8.1 Adoption rate of improved soybean seed varieties |
8.2 Yield per hectare of soybean cultivation |
8.3 Percentage of farmers using sustainable agricultural practices for soybean cultivation |
9 Thailand Soybeans Seed Market - Opportunity Assessment |
9.1 Thailand Soybeans Seed Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Soybeans Seed Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Soybeans Seed Market - Competitive Landscape |
10.1 Thailand Soybeans Seed Market Revenue Share, By Companies, 2024 |
10.2 Thailand Soybeans Seed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |