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.

Seed stands for small embryonic plants enclosed in a protective cover, mostly inside fruits, which develop into fully matured plants or crops when cultivated under optimum environmental conditihttps://www.djjmeets.com/ons. They are available in numerous shapes, colors, and sizes and consist of cotton, maize, groundnut, soybean, wheat, etc. These seed variants are good sources of vitamins, fiber, healthy monounsaturated fats, minerals, polyunsaturated fats, antioxidants., etc., and help to reduce blood sugar levels and manage cholesterol and blood pressure. Consequently, they find extensive applications in the agricultural sector across India.

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India Seed Industry Trends:

The increasing commercialization of agriculture and the escalating collaboration of private and public sectors are primarily driving the seed industry in India. In addition to this, the introduction of advanced digital technologies by leading seed breeders to help farmers overcome the negative impacts of climate, pests, and other environmental factors is acting as another significant growth-inducing factor. Apart from this, the elevating integration of data science, advanced phenomics, artificial intelligence (AI) tools, and genomics in the agricultural segment and the launch of several programs by the government bodies, such as Rashtriya Krishi Vikas Yojana and Integrated Scheme for Oilseeds, Pulses, Oil Palm, and Maize (ISOPOM) aimed at providing continuous support to ensure lucrative growth opportunities to the farmers and seed breeders are also positively influencing the market across the country. Moreover, the rising investments in research and development (R&D) activities to improve crop production and enhance supply chain management quality assurance and the growing production of organic seeds utilizing biopesticides, bio-fertilizers, and organic manure are expected to propel the seed industry in India over the forecasted period.

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.

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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.