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USD 5.43 billion by 2027 owing to the rising concerns regarding food security worldwide, states Fortune Business Insights™ in its report, titled “ Hybrid Rice Seeds Market, 2020-2027”. The report further states that the global market value was USD 2.06 billion in 2019 and is expected to register a CAGR of 13.32% from 2020 to 2027. COVID-19 Impact Agriculture has been one of the most affected sectors amid the COVID-19 outbreak. Constant reduction of crops and other essential items from inventory, coupled with the prolonged halt of the cultivation in the first quarter of 2020, have raised concerns regarding food security. The hybrid rice seeds market took the blow as well. The market witnessed a lower growth of 9.9% in 2020 as compared to the average year-on-year growth during 2016-2019.

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