Indian Seed Market Size, Growth, Industry Overview, Trends and Forecast 2022-2027

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

𝗜𝗻𝗱𝗶𝗮𝗻 𝗦𝗲𝗲𝗱 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

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.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/seed-industry-in-india/requestsample

𝗜𝗻𝗱𝗶𝗮𝗻 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.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=743&method=1

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

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/seed-industry-in-india

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:

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

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This release was published on openPR.