Agricultural seed is the cornerstone of food security for a developing nation. Bangladesh being a typical agrarian economy is thus dependent on a steady supply of seed. With a high population density the government priortizes a high agricultural output. The current reality is that high yielding varieties of seed are being promoted into the country’s agricultural system through various sources. This study is an attempt to analyze the situation of seed business in the context of Bangladesh. Particularly the trend of seed business and role of stakeholders. The study intends to shed light on possible options for future courses of action.