India Seed Market Size and Segmentation to 2018

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Date Submitted: 04/09/2015 12:14 AM

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India Seed Industry Outlook to FY’2018- Rapid Hybridization in Vegetables, Corn and Rice to Impel Growth” provides a comprehensive analysis of the market size of the India seed industry by revenue and production, market segmentation of seed by varietal/non-hybrid and non-varietal seeds, by cross bred and genetically modified seeds and by breeder, foundation and certified/ quality seeds. The report also entails the market share of major seed companies in in India by revenue along with the market share by categories of hybrid seeds. The report also provides major trends and developments of seed industry in India. Government regulations in Indian seed industry are also included. An analysis of the future of India seed industry is provided on the basis of revenue of the market over next five years.

The Indian seed industry, over the years, has evolved by adopting and innovating upon scientific advancements in variety development and quality seed production.

The industry has grown at a rapid pace of 18.8% over the period FY’2007-FY’2013 and reached INR ~ million in FY’2013 on account of rapid adoption of BT cotton hybrids, single cross corn hybrids and hybrid vegetables. Rising awareness among the farmers related to the benefits of using certified/ quality seeds has led to an increase in the demand for seeds over the past few years. This has resulted in an increasing willingness among the farmers to pay higher price for quality seeds.

The hybrid seed market has grown at a stupendous CAGR of 36.1% over the period FY’2007-FY’2013.The contribution of varietal seeds to the overall commercial seed market in Indian has witnessed a steep decline from ~% in FY’2007 to ~% in FY’2013. In FY’2013, GM seeds contributed nearly ~% in the non-varietal seed revenue whereas the contribution of cross bred hybrids was recorded as ~% during the year. This has been primarily due to the increased usage of hybrid seeds across the country due to the pressure of the rising demand for...