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2019-06-18
190
India
Market Overview
India hybrid seeds market has gone through remarkable changes over the past century. Farmers have developed their farming strategies by relying on purchase of hybrid seeds from market instead of using stored seeds from the previous harvest. The rising awareness among the farmers regarding the hybrid seeds and their substantial impact on the per hectare production has led to growing sales of the hybrid seeds. The farmers have shown willingness towards paying higher price for hybrid seeds. The government policies towards promoting the use of hybrid seeds such as reduction in prices of hybrid seeds in by 10% in 2017, has positive impact on the growth of hybrid seeds market. Majorly used hybrid seeds are BT cotton seeds, hybrid pearl millet seeds, hybrid maize seeds, hybrid rice seeds, hybrid sorghum seeds, hybrid sunflower seeds, and hybrid fruit and vegetable seeds. India being one of the top agricultural producers, it had nearly 2% share of the global hybrid seeds trade in 2016. The lack of appropriate reforms for Indian seed industry is one of the major reasons for low export of hybrid seeds and larger share in imports. With the fast seed replacement rate and developing supply chain of hybrid seeds to the farmers as per the climate and soil type of a region has shown growing trend of the hybrid seeds market since 2010. Thus, Goldstein Research analyst forecast that the India hybrid seeds market is set to reach USD 6.9 billion by 2025, growing at a CAGR of 11.0% over the forecast period (2017-2025).
By Seed Type
Based on oil seed type, cotton hybrid seeds accounted for largest market share of 32.8% 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 hybrid seeds market. This region is flourished with large variety of crops and grains production, having huge demand for the hybrid seeds and its varieties.
The report covers the present ground scenario and the future growth prospects of the Hybrid seeds market for 2017-2025 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 Hybrid seeds market is forecasted on the basis of hybrid seeds production supply and agricultural produce.
India Hybrid seeds Market Outlook 2017-2025, 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 Hybrid 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 Hybrid 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.
Our India Hybrid seeds Market Report comprises of the following companies as the key players: Indo-American Hybrid Seeds Pvt. Ltd, Maharashtra Hybrid Seed Co. Ltd. ( MAHYCO), Monsanto, Bombay Super Hybrid Seeds Pvt. Ltd., Syngenta, Hefei Fengle Seed Co., Ltd., Land O’ Lakes, Sakata, DLF-Trifolium, Takii.
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.
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Key questions answered in this India Hybrid seeds Market Report
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