Seed Industry In India 2022: Share, Top Companies, Regional Trends and Analysis by 2027

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.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

Industry Overview and Application:

Seeds refer to embryonic plants enclosed in an outer covering known as a seed coat, which provides nourishment and protection. They can be of various kinds, such as wheat, cotton, maize, groundnut, soybean, paddy, vegetables, etc. Seeds assist in yielding extra fibers, dispersal, and dormancy during unsuitable conditions. They are developed in enhanced varieties to increase the quality and quantity of produce. As a result, seeds find widespread applications in the manufacturing of edible and non-edible oils and several industrial chemicals in the country.

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India Seed Industry Trends:

The escalating demand for genetically modified embryos that aid in enhancing the quantity of the yield and the extensive availability of rich arable lands are among the primary factors driving the seed industry in India. Besides this, the launch of favorable policies by the government bodies to invest in research and development (R&D) activities for product development, supply chain management, and quality assurance is further augmenting the market growth. Moreover, the growing popularity of hybrid seeds among farmers, compared to the utilization of outmoded open-pollinated varieties, is also catalyzing the market across India. Apart from this, various technological advancements in the production of wheat, corn, and maize and the active collaboration of private and public sectors are acting as significant growth-inducing factors. Furthermore, the integration of data science, artificial intelligence (AI) tools, advanced phenomics, and genomics in the agriculture industry, patent protection systems, inflating income levels of individuals, intellectual rights over plant varieties, etc., are anticipated to propel the seed industry in India over the forecasted period.

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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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This release was published on openPR.