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Seed Industry in India to reach US$ 12.7 Billion by 2028 with a CAGR of 12.43% | IMARC Group

05-02-2023 12:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Seed Industry in India to reach US$ 12.7 Billion by 2028 with a CAGR

According to IMARC Group's latest report, titled "๐’๐ž๐ž๐ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง ๐ˆ๐ง๐๐ข๐š: ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–", The seed industry in India size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2028, exhibiting a growth rate (CAGR) of 12.43% during 2023-2028.

Seeds are small embryonic plants that are encased in a protective covering along with a food reserve. Typically, they are found inside fruits and can develop into new plants when grown under optimal environmental conditions. Seeds consist of undeveloped miniature plants, endosperm, and seed coats. They contain healthy monounsaturated and polyunsaturated fats, fiber, vitamins, minerals, and antioxidants, making them a healthy food choice. Regular consumption of seeds has been linked to a reduction in blood sugar, cholesterol, and blood pressure. India is home to a wide variety of seeds, each with unique color, shape, size, weight, and specific gravity.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐›๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž: https://www.imarcgroup.com/seed-industry-in-india/requestsample

Indian Seed Industry Trends:

The burgeoning population and the availability of rich arable lands and diverse agro-climatic zones are some of the key factors contributing positively to the market in India. Additionally, the commercialization of agriculture and the active collaboration between private and public sectors are driving the market growth. In line with this, leading seed breeders are using digital technologies to help farmers mitigate the negative impacts of pests, climate, and other environmental factors, which is further fueling the market growth. Moreover, the incorporation of data science, artificial intelligence (AI) tools, advanced phenomics, and genomics in the agricultural sector is offering a favorable market outlook. Furthermore, the Government of India (GoI) has introduced various programs to support farmers and breeders, such as the Integrated Scheme for Oilseeds, Pulses, Oil Palm, and Maize (ISOPOM) and Rashtriya Krishi Vikas Yojana, which, in turn, is creating a positive outlook for the market.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.imarcgroup.com/request?type=report&id=743&flag=F

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:

โ€ข Advanta
โ€ข DuPont
โ€ข Kaveri Seeds
โ€ข Syngenta
โ€ข Bayer
โ€ข J K Seeds
โ€ข 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:

โ€ข Wheat
โ€ข Paddy
โ€ข Vegetables
โ€ข Cotton
โ€ข Maize
โ€ข Groundnut
โ€ข Soybean
โ€ข Others

Breakup by Region:

โ€ข Uttar Pradesh
โ€ข Madhya Pradesh
โ€ข West Bengal
โ€ข Rajasthan
โ€ข Punjab
โ€ข Maharashtra
โ€ข Andhra Pradesh
โ€ข Bihar
โ€ข Karnataka
โ€ข Others

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐Ÿ๐ŸŽ% ๐Ÿ๐ซ๐ž๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=743&flag=C

This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

โ€ข Market Performance (2017-2022)
โ€ข Market Outlook (2023-2028)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข 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.

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

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.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐—ฆ:

IMARC Group

134 N 4th St Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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