India Seed Coating Market Outlook To 2021: Ken Research

About This Presentation
Title:

India Seed Coating Market Outlook To 2021: Ken Research

Description:

The report focuses on overall market size for sale of seed coating materials. These include revenue from domestic sale in seed coating polymers, colorants, dyes and other coating materials. – PowerPoint PPT presentation

Number of Views:15

less

Transcript and Presenter's Notes

Title: India Seed Coating Market Outlook To 2021: Ken Research


1
India Seed Coating Market Outlook To 2021 Ken
Research
2
How is India Seed Coating Market
Positioned? Seed coating industry of India is
largely concentrated among a few players. Major
seed manufacturers like Nuziveedu Seeds, Ajeet
Seeds, Ankur Seeds, Syngenta, Monsanto, DuPont
Pioneer, Mahyco and others are purchasing bulk of
seed coating polymers from players like Incotec,
Littles Oriental Balm and Pharmaceutical Ltd.
However, smaller players like Mahendra Overseas
and Sampatti Industries and Suboneyo Chemicals
are also emerging in the market by supplying
large quantities of materials to small/medium
sized companies in the country.
3
Quantity of seed coating polyer supplied in India
during FY2016 was thousand kg. There are
several benefits of seed coating. Seed coating
can help improve yield of a seed and also
provides protection against the
weather. Plantability can also be improved from
seed coating as seed become more uniform and
round. Moreover, seed coating helps in branding
the products and improves the appearance. These
benefits have encouraged the seed manufacturers
to coat their seeds from various types of
polymers and colorants. Market revenues for seed
coating were registered at INR million in
FY2011. The revenues escalated at a healthy rate
of over the next five years and were earmarked
at INR million in FY2016.
4
  • One of the main reasons for such growth has been
    surging production of seeds in the country.
    Production volume of seeds has amplified from
    thousand tons in FY2011 to thousand tons in
    FY2016.
  • India Seed Coating Market Segmentation by Type of
    Seed Coating Materials
  • Polymers/Polymer Colorants have the seed
    coating materials market of India during FY2016.
    It has accounted for a revenue share of during
    the year. Polymer coating is an integral part of
    the seed industry in India. Majority of seed
    manufacturers with turnover of INR crores and
    above are suing polymer coating in their seeds.
    Polymer coating seeds offer the benefits of safe
    handling by the workers, farmers and dealers.
    They make sure seed treatments such as
    pesticides, fungicide and nutrients are firmly
    held on the seed and therefore, maximize the
    productivity of the seed and seedling active
    ingredients. All the major seed manufacturers in
    India apply polymer coatings on major commercial
    seeds such as cotton, maize, paddy, hybrid
    vegetables and many others as it has several
    benefits.

5
India Seed Coating Market Segmentation by
Cropping Season Kharif season in India generates
the largest demand for seed coating materials. In
FY2016, it accounted for a revenue share of
in the seed coating market of the country. Kharif
crops include Cotton, Rice and Maize that are the
largest consumers of seed coating materials in
India. Cotton seeds alone accounted for a revenue
share of in the seed coating, materials market
during FY2016. During the Kharif season, major
players like Incotec, Centor India and Littles
Oriental supply around tons of seed coating
materials to several top seed manufacturers in
country individually. How is the Import
Scenarion in India Seed Coating Market? Major
manufacturers like Incotec and Centor are
importing raw materials from Netherlands, USA and
Germany and manufacturing the final product in
India. However, domestic suppliers of raw
materials are growing which has impacted the
import scenario in FY2016.
6
Import of seed coating materials has witnessed a
negative trend over the past two years. In terms
of volume, import of seed coating materials
declined from kg in FY2015 to kg in FY2016.
In terms of value, import decreased from INR
million in FY2015 to INR million in FY2016.
Suppliers of raw materials and base polymers in
India are enhancing their presence in the market.
Supply of base polymer by Reliance Corporation is
also enhancing. This has negatively impacted the
import scenario. Why do Customers Prefer Coated
Seeds? There are several reasons why coated
seeds are preferred in the Indian seed industry.
There are several benefits of coated seeds
ranging from protection to improving the yield
and appearance of the seeds. The seed coating
market is a B2B market where the sale is made
directly from the seed coating materials
manufacturers to seed producers, there are no
middle men or dealers involved.
7
How the Seed Coating Industry is Expected to
React in Future? India seed coating market has
been anticipated to enhance from INR million in
FY2017 to INR million in FY2021, posting a
CAGR of during the period. The future of the
Indian seed industry is expected to be favorable
on account of impelling demand due to increased
subsidies and renewed government thrust on the
use of high yielding varieties ARE THERE ANY
INTERNATIONAL SEED COATING PLAYERS THAT ARE
PRESENT IN INDIA? There are two major
international seed coating players present in
India namely Incotec and Centor Oceania. Incotec
is the largest player in the market as of
FY2016. Centor India, on the other hand, has
recently entered the space and is growing at a
good pace. Both of these players have major
International presence, especially, Incotec.
Incotecs headquarters are in the Netherlands and
have production facilities in the USA, the
Netherlands, France, Italy, Sweden, Brazil,
Japan, India, Australia, China, South Africa,
Malaysia and Argentina.
8
  • How The competition is Prevalant in India Seed
    Coating Market?
  • The domestic market for seed coating materials is
    a B2B market. There are a total of players
    operating in the space.
  • Incotec has a huge client base, supplying to all
    of seed manufacturing companies in India. It is
    providing coating materials for around of the
    BT Cotton seeds producers in India. Furthermore,
    the quality of materials supplied by Incotec is
    in the market. However, the prices charged by
    this company are
  • Companies Cited in the Report
  • List of Companies
    Companies Covered in the Report
  • Incotec
  • Littles Oriental Balm and Pharmaceuticals Ltd
    Major Players
  • Centor India
  • Mahendra Overseas
  • Sampatti Industries

9
  • Key Factors Considered in the Report
  • Comprehensive analysis of India Seed Coating
    Market and its segments
  • Listed major players and their positioning in the
    market
  • Identified major industry developments in last
    few years and assessed the future growth of the
    industry
  • Seed Coating Market of India with their Products
  • For more information on the market research
    report please refer to the below link
  • https//www.kenresearch.com/agriculture-and-animal
    -care/seed/india-seed-coating-market-report/73452-
    104.html
  • Related Reports
  • https//www.kenresearch.com/agriculture-and-animal
    -care/seed/india-seed-market-report/5468-104.html

10
https//www.kenresearch.com/agriculture-and-animal
-care/seed/vietnam-seed-market-research-report/553
-104.html https//www.kenresearch.com/agriculture
-and-animal-care/seed/russia-seed-market-research-
report/595-104.html Contact Us Ken
ResearchAnkur Gupta, Head Marketing
CommunicationsAnkur_at_kenresearch.com91-901537824
9
11
(No Transcript)
Write a Comment
User Comments (0)