India Seed Sector Analysis Market By Crop Type (Row Crop and Vegetables) - Trends, Analysis and Forecast till 2034

Report Code: PMI418120 | Publish Date: May 2023 | No. of Pages: 152

India Seed Sector Analysis Market Overview

India Seed Sector Analysis Market Registering A 6.80% Cagr Over Forecast Period. There is an expected rise in hybrid seed emergence in multiple crops, to increase the food demand-supply mismatch in India. Because of steady growth observed in arable land and a continuously rising population, the per capita arable land has been decreasing; these factors, along with poor crop productivity, are likely to lead to pressure on food supply in the country. The patenting process in India is not very robust, and other companies are able to duplicate better performing seeds in the marketplace fast. Moreover, after the discovery of a successful hybrid, seed multiplication needs various rounds of sowing.

India Seed Sector Analysis Market Drivers & Restraints

Rising In Seed Replacement Rates in Critical Crops

The growth of the seed industry in India is dependent on how often farmers are changing their seeds. Seed replacement rate mentions to the percentage of seeds replaced every year by farmers. The seed replacement rates for almost all the crops in India have considerably improved in the recent times. Rising seed replacement rates are a directly proportional to rising farmer extension and marketing activities of seed companies, and also the general perception between the farmers about yield improvements that can be gained due to changing of seeds annually.

Rising Adoption of Hybrid Seeds

During the green revolution, the adoption of hybrid seeds has significantly rise, because of rising pressure for high crop production for food security. More than 60% of the farms in India are dependent on the rain; with the volatility of the rainfall and weather impacting production. The adverse climatic conditions also result in rise in incidence of diseases and pests, contributing to loss of crops.

Regulatory Complexities

Varying regulatory framework for the substantiation of seed sector analysis and stringent regulations regarding label claims for farming are some of the major restraints in the India seed sector analysis market.

India Seed Sector Analysis Market Segmentations & Regional Insights

The India seed sector analysis market is segmented based on crop type.

On the basis of crop type, the India seed sector analysis market is segmented into raw crops and vegetables

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Crop Type – Raw Crops and Vegetables

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global Food Fiber market report based on crop type:

India Seed Sector Analysis Market, By Type:

  • Raw Crops
  • Vegetables

India Seed Sector Analysis Market Competitive Landscape & Key Players

The key players operating the India seed sector analysis market includes Rallis India Ltd., Advanta Seeds (UPL), Nuziveedu Seeds Ltd., Kaveri Seeds Ltd., National Seeds Corporation Ltd., PHI Seeds Private Ltd (DuPont Pioneer), Monsanto India Ltd., Mahyco, Rasi Seeds, and JK Agri Genetics Ltd. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2016, in Metahelix Life Science acquired fully acquisition of Rallis India Ltd.

India Seed Sector Analysis Market Company Profile

  • Rallis India Ltd.
  • Advanta Seeds (UPL)
  • Nuziveedu Seeds Ltd
  • Kaveri Seeds Ltd
  • National Seeds Corporation Ltd.
  • PHI Seeds Private Ltd (DuPont Pioneer)
  • Monsanto India Ltd
  • Mahyco
  • Rasi Seeds
  • JK Agri Genetics Ltd

FAQs

The India seed sector analysis market report is segmented into on crop type.

Factors driving market growth include the increasing demand for high-yield and genetically modified seeds, government initiatives to promote agriculture, and advancements in seed technologies.

Global restraints may involve concerns about the environmental impact of genetically modified seeds, challenges in ensuring seed quality, and the need for continuous investment in research and development.

The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific, specifically India, is expected to dominate the Seed Sector Analysis Market, exhibiting a significantly high revenue share over the forecast period.

The key players operating the India seed sector analysis market includes Rallis India Ltd., Advanta Seeds (UPL), Nuziveedu Seeds Ltd., Kaveri Seeds Ltd., National Seeds Corporation Ltd., PHI Seeds Private Ltd (DuPont Pioneer), Monsanto India Ltd., Mahyco, Rasi Seeds, and JK Agri Genetics Ltd.