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2020-09-01
721
India
Genetically modified (GM) seeds are laboratory prepared that have desired traits such as drought resistant and tolerant and weed protected among others. GM seeds application has been growing the ground of its sustainability and increased productivity. The growing food security concern with the rising population where demand for agricultural products is continuously growing, is majorly driving the growth of GM seeds, that are environment sustainable, safe for human consumption and provides enhanced per hectare productivity from the limited land available for crop production. The productivity of cotton in India has grown exponentially that it became the largest producer and second largest exporter of cotton. Moreover, India has huge consumption of edible oils, on an average 19 kg per capita and it majorly constitutes the mustard and soybean. With the approval of government for the commercial application of GM mustard seeds, India is expected to be self-sufficient in the edible oils. Currently, GM mustard is banned in India and edible oil is imported, which itself are made from GM seeds in other parts of the world. The drought prone regions in India offer GM seeds huge opportunity for its application and bring out maximum productivity. Though various researchers have proved the benefits of GM seeds and that it has no side effects on human, yet the resistance of government to approve the use of GM seeds is hindering the growth of India GM seeds market. Thus, Goldstein Market Intelligence analyst forecast that the India genetically modified seeds market is set to grow at a CAGR of 6.1% over the forecast period (2017-2030).
By Seed Type
Based on oil seed type, genetically modified cotton seeds accounted for largest market share of 41.8% in 2017. India is the second largest producer of cotton globally, thus having huge demand for the application of Bt Cotton.
By Duration
By Distribution Channel
By Geography
Based on geography, Northern India and Western India jointly accounted for largest market share of around 60% in 2017 of India genetically modified seeds market. This region is flourished with large variety of crops and grains production, having huge demand for the genetically modified seeds and its varieties.
The report covers the present ground scenario and the future growth prospects of the genetically modified seeds market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the India region. India genetically modified seeds market is forecasted on the basis of genetically modified seeds production supply and agricultural produce.
India genetically modified seeds Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the India genetically modified seeds market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “India Genetically Modified Seeds Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "India Genetically Modified Seeds Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our India genetically modified seeds market report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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