According to IMARC Group’s latest report, titled “Seed Industry in India: Market Trends, Structure, Growth, Key Players and Forecast 2022-2027”, the seed industry in India market size reached US$ 5.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.3 Billion by 2027, exhibiting a growth rate (CAGR) of 12.5% during 2022-2027.
Seeds are characteristic reproductive part of different types of plants, including gymnosperms and angiosperms. They are small embryonic plants that are enclosed in a seed coat with stored food. Seeds are formed from the fertilization of an ovule after pollination. They can be differentiated into two forms, namely, dicotyledonous and monocotyledonous. Seeds are used for growing a wide variety of fruits and vegetables, and for obtaining oils for margarine production, lubrication, cooking, and painting. There are several quality characteristics that are used for determining the quality of a seed, which include improved variety, genetic purity, physical purity, seed germination and vigor, seed health and moisture, freedom from weeds and other crop seeds. Some of the other quality characteristics include seed color, size, weight and specific gravity.
COVID-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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India Seed Industry Trends:
The seed industry in India is primarily being driven by the presence of a rich arable area and several agro-climatic zones in the country. These factors have presented numerous opportunities to breeders and research institutions, which is further fueling the market growth. Additionally, leading seed breeders in the country have been investing in the development of newer digital technologies to aid farmers overcome the negative impacts of pests, climate and other external factors. These technologies are integrated with data science, artificial intelligence (AI) tools, advanced phenomics, and genomics. Other than this, the Government of India (GoI) has been providing continuous support to farmers through the introduction of various programs, such as Integrated Scheme for Oilseeds, Pulses, Oil Palm, and Maize (ISOPOM), and Rashtriya Krishi Vikas Yojana. This is creating a positive outlook for the market in India.
Competitive Landscape With Key Players:
The competitive landscape of the Indian seed market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Advanta
- DuPont
- Kaveri Seeds
- Syngenta
- Bayer
- J K Seeds
- Rallis India Limited.
Key Market Segmentation:
The report has segmented the Indian seed market on the basis of crop type and region.
Breakup by Crop Type:
- Wheat
- Paddy
- Vegetables
- Cotton
- Maize
- Groundnut
- Soybean
- Others
Breakup by Region:
- Uttar Pradesh
- Madhya Pradesh
- West Bengal
- Rajasthan
- Punjab
- Maharashtra
- Andhra Pradesh
- Bihar
- Karnataka
- Others
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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