Incotec, Little’s Oriental Balm and Pharmaceutical Ltd. and Centor India are the Major Players in India Seed Coating Market: Ken Research

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Incotec, Littles Oriental Balm and
Pharmaceutical Ltd. and Centor India are the
Major Players in India Seed Coating Market Ken
Research
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Seed Coating industry of India is largely
domestically driven with majority demand of major
seed manufacturers for seed coating polymers
being met by domestic companies. Major seed
manufacturers in the Industry such as Monsanto,
Bayer, DuPont Pioneer and Syngenta demand
significant quantities of seed coating materials
from domestic players.
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The global seeds industry has changed
dramatically over the past century. Farmers have
been increasing the amount of purchased seed
instead of using seed saved from the previous
harvest. Advances in seed technology have
accelerated through marker-assisted breeding. The
industry has evolved further, since 1996, with
the introduction of genetically modified crops.
Since 2000, it has been observed that the global
seeds market has almost tripled. Both,
conventional and genetically modified seeds have
witnessed significant growth over the period
2010-2015. The seed industry is concentrated in
more industrialized and developed economies as of
now. Majority of the major seed manufacturers in
the country, namely Syngenta, Mahyco, Advanta
Seeds, Monsanto, Ankur Seeds, Ajeet Seeds,
Nuziveedu, Pioneer and others are purchasing seed
coating polymers from Incotec and Littles
Oriental Balm and Pharmaceutical Ltd (Little
Polykote)
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Pelleting/encrusting is relatively a new concept
in the seed coating industry of India. Pelleting
is a form of layering to make the seed more round
for mostly mechanical planting. Pelleting,
specifically has observed healthy growth over the
period FY2011-FY2016 and it has been projected
to witness the same over the coming years as
well. Sampatti Industries was established in
2002 as a manufacturer of seed coating polymers
and colorants. It has established itself as
reputable seed enhancement products company over
the past decade. The company is set up in Jalgao,
Maharashtra Several players in the domestic seed
coating market have been using low quality dyes
and other cheap materials to manufacture their
products. This allows them to lower their cost of
production and increase their profit margins.
However, using such raw materials to manufacture
polymers can have a very negative impact on the
seed and such materials can also enter the food
chain.
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This continuous rise in production of seeds in
India can be attributed to increasing adoption
rate of developed technology and rise in demand
for seeds from genetically modified crops. The
major proportion of this incline in production
was due to rise in production of Guar seed. One
of the significant factors that encourage
agricultural community to go behind this crop is
the comparatively less expense and high returns
yielded by this reap. Indian seed industry is
characterized by its heterogeneity. The product
segments of the industry include the major field
crops such as paddy, cotton, wheat, maize,
millets, sunflower and vegetables. 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-co
ating-market-report/73452-104.html
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d-market-research-report/595-104.html Contact
Us Ken ResearchAnkur Gupta, Head Marketing
CommunicationsAnkur_at_kenresearch.com91-901537824
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