India Hybrid Seeds Market,|Vegetable Hybrid Seed Market

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India Seed Market Report - 2020
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• 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 tremendously over the last few years has
  evolved by adopting and innovating upon
  scientific advancements in variety development
  and quality seed production.

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• During FY2010-FY2015, the Indian seed market
  has grown at a CAGR of . In FY 2010, Indian
  seed market registered a value of INR billion
  which inclined to INR billion in FY2015.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.

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• This has resulted in an increasing willingness
  among the farmers to pay higher price for quality
  seeds, which has During FY2010-FY2015, the
  production of seeds in India inclined at a CAGR
  of . In FY 2010, thousand tonnes of seeds
  were produced which inclined to thousand tonnes
  in FY2011. In FY2015, the production of seed in
  India inclined to thousand tonnes. The major
  proportion of this incline in production was due
  to rise in production of Guar seed.

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• The industry remains threatened by certain
  challenges which include asynchronous GM approval
  timelines, seed quality certification system and
  decline in international fruit and vegetable seed
  trade among others.The key players in the
  industry are Nuziveedu Seeds, Mahyco Seeds,
  Monsanto, Kaveri Seeds. In FY2015, hybrid seeds
  market dominated the overall seed industry, In
  FY2015, hybrid seeds accounted for of the
  overall seed market revenues. On the other hand,
  non-hybrid seeds contributed of the overall
  market revenues in FY2015.

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• The hybrid seed dominated the overall seed market
  owing to rising demand for hybrid seeds because
  of its advantage such as improving yield,
  providing improve color, resistance to disease
  pest and production and others over non-hybrid
  seeds. In addition, reluctance of farmers to
  adopt better quality seeds has also lead to
  penetration of hybrid seeds in overall seeds
  market in India. With the entry of multinational
  sector in seed production and supply along with
  introduction of new technologies for producing
  seed, several varieties of seeds have been
  developed in the country, which has turned the
  domestic markets potential to develop new
  varieties and to market them to make profit.

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• The domination of hybrid seeds can be attributed
  to rising demand for hybrid seeds because of its
  advantage such as improving yield, providing
  improve color, resistance to disease pest and
  production and others over non-hybrid seeds.
  Owing to rising income, escalating population,
  changing food habits, and rising potential for
  exports, the market for seeds in India has been
  inclining at a greater pace. The contribution to
  non- vegetable seeds has been greater than
  non-vegetable seeds because of increasing demand
  for corns or maize considerably for the
  production of fossil fuel or bio-fuels

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• In FY2015, the non-vegetable seeds accounted for
  of the overall seed market in India. On the
  other hand, vegetables accounted for of the
  market in FY2015. In FY2015, the farm saved
  seeds accounted for of the overall seed market
  revenues, whereas commercial seeds garnered only
  share of the overall market revenues.The
  demand for seed in India has been met either by
  products supplied by regional players or by local
  players. In FY2015, national players accounted
  for of the overall market revenues. On the
  other hand, regional players garnered of the
  overall seed market revenues.

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• Hybridization is a traditional breeding process
  in which inbred lines are crossed to generate a
  seed variety with higher yield potential than
  demonstrated by either plant. The process
  enhances biological characteristics swiftly than
  natural mutation. The farmers prefer hybrid seed
  since it has several advantages such as higher
  yield potential, greater uniformity in maturity,
  improved plant vigor and resistance to lodging,
  thus making large-scale mechanization
  possible.The Indian hybrid seed market underwent
  a drastic change during early 2000s with the
  introduction of BT cotton hybrids, which has led
  to more than 90 of the cotton area in India
  being under hybrids.

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• Since then, the private seed companies have
  promoted BT cotton to capture surpluses through
  the sale of hybrids each year. The introduction
  of BT cotton seeds was a great step towards
  decreasing insecticide usage in the country.
  Several private companies in the country have
  incurred large amount money in research and
  development for the efficient and cost effective
  hybridization of seeds. The hybrid seed market in
  India has been growing tremendously over the last
  five years. The market has increased at a CAGR of
  for the period FY2010-FY2015.

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• The market potential is majorly tapped by hybrid
  cotton, corn, vegetables, sunflower, sorghum and
  rice which contributed majority share of the
  commercial seed sales in India. The growth of
  market has been supported by increasing interest
  of the organized private sector, new and improved
  technologies with more mechanized seed producing
  techniques, changing consumer demand and customer
  preferences, easy credit facilities to farmers,
  rapid growth of contract farming and agriculture
  friendly policies of the government in terms of
  subsidies provided by the government to the
  private companies and others.

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• With rising demand, the revenues of hybrid seeds
  market inclined to INR billion in FY2015. The
  market is expected to flourish in the long run as
  several government initiatives have been taken to
  educate and encourage the farmers towards the
  usage of hybrid seeds to generate higher yields.
  The hybrid seed industry in India has been
  dominated by BT cotton over the years due to the
  increased planting areas of BT cotton. Over the
  years, the country has achieved a significant
  quantitative increase in cotton production.

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• In FY2010, BT cotton contributed of the
  hybrid seed market revenue by generating INR
  billion which declined to INR billion in
  FY2015. The cotton segment of the hybrid seed
  market was followed by corn/maize, which is an
  important crop being utilized as food for both
  domestic consumption and export.Vegetables seeds
  contributed share of overall seed market in
  FY2010 which inclined to in FY2015. Hybrid
  rice held the fourth largest share in the market
  for hybrid seeds with a share of in the market
  revenue and was valued at INR billion in
  FY2015.

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• In FY2015, the revenue contribution of
  Bajra/Pearl Millet of overall hybrid market
  inclined to of revenues Bajra/ Pearl millet
  accounted for of the market revenue in
  FY2010. In FY2015, the revenue contribution of
  Bajra/Pearl Millet of overall hybrid market
  inclined to of revenues. The wide adoption of
  pearl millet hybrids in India has been largely
  due to subsidies provided by various state
  governments for the purchase of these seeds and
  because these were high yielding seeds.

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• Syngenta emerged as the other major leader with a
  share of nearly in the hybrid vegetable seed
  market in India in FY2015. Vegetable seed
  production accounts for 40 of Syngenta total
  seed and the rest is accounted by rice, corn and
  cotton and sunflower. Advanta India limited and
  Nuziveedu together contributed nearly of the
  overall revenue of the hybrid seed market in the
  country in FY2015. Namdhari Seeds had a market
  share of in hybrid vegetable seed market in
  India in FY2015.

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• Source https//www.kenresearch.com/agriculture-an
  d-animal-care/seed/india-seed-market-report/5468-1
  04.html
•  Contact Ken ResearchAnkur
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