Hybrid Seeds Increase in Popularity in India, Says Ken Research Private in Its Report Published at MarketPublishers.com28 Jun 2016 • by Natalie Aster
LONDON – In India, the seed industry showed very fast growth over the period FY’2010-2015 given swift adoption of single cross cotton hybrids, BT cotton hybrids as well as hybrid vegetables. Awareness among Indian farmers related to the use of certified or quality seeds was on the rise and this resulted in an increase of the demand for them. Besides, the farmers have become more liable to paying higher price for seeds of high quality.
Non-vegetable seeds like wheat, cotton, corn, paddy, etc. are major contributors to this market’s growth.
This marketplace is dominated by cotton which holds the largest share of the overall market. Paddy is another prominent segment.
The market for hybrid seeds has grown tremendously over the recent years, while contribution of varietal seeds to the total commercial marketplace has declined.
The Indian market will keep on growth in the upcoming years. It will be supported by growth of modern retail channels in the country and growing interest from national and multinational brands.
At present, nine tenth of Indian cotton area is under hybrids. The local hybrid seed marketplace can boast a high level of competition, with several players having advanced technological capabilities taking part in this race.
Bayer India, DCM Shriram Limited, Monsanto India Limited, Du Pont Pioneer and Syngenta are some of the brightest stars in the local sky.
Topical research report “India Seed Market Outlook to FY’2020 - Rapid Hybridization and Increased Government Support to Foster Future Growth” developed by Ken Research Private Ltd. is a must for anyone who is interested in the Indian seed marketplace. The study contains a detailed value chain analysis of the Indian industry. It estimates a size of the marketplace over the period FY’2010-2015.
The report limelights performance of market segments and explores import and export dynamics. The research study contains a pricing analysis of the seed industry in the country and its SWOT analysis.
It investigates issues and challenges the marketplace faces, besides pinpointing trends and developments and throwing light on government policies and regulations related to this market. The research report looks at investments required to carry out a setup of a seed processing plant in this country.
The study also comprises major players’ profiles, data on their latest activities (e.g. mergers and acquisitions) and an insightful discussion of factors having impact on the local industry. Future outlook for this market through FY’2020 is on hand in the report, too.
More research studies by our partner are available at Ken Research Private page.