Overview of the hybrid seeds market in India
Technavio's market study identifies the initiatives to educate farmers on the benefits of using hybrid seeds as one of the primary growth factors for the hybrid seeds market in India. The use of hybrid seeds of different varieties can reduce the problems arising due to climatic changes. There are a number of organizations that provide rice farming training programs to farmers. These initiatives aim to educate the farmers about the hybrid rice seed technology and the use of pioneer rice hybrid (PHB) 71 hybrid seeds to increase yields, maintain sustainable supply of food, and increase food security. According to our market research analysts, this market will grow at a CAGR of around 13% by 2021.
There is an increasing preference for high-quality and certified seeds among farmers. In addition to offering benefits such as pest resistance, drought tolerance, and herbicide tolerance, the use of certified seeds also helps farmers reduce risks and significantly increase the yield. It has been observed that when compared to the traditional seeds, the use of certified seeds can increase profits by USD 12 per acre. This will further increase the demand for certified seeds from farmers, which in turn, will have a positive impact on the growth of the hybrid seeds market in India.
Competitive landscape and key vendors
The hybrid seeds market in India is highly competitive due to the presence of domestic players and several key international players with strong market share in India. Vendors offering hybrid seeds in India are focusing on launching new varieties of high-yield hybrid seeds that is highly dependent on the climatic conditions of the country. Additionally, they are also focusing on strategic alliances and consolidations and are offering new varieties of hybrid crop seeds to increase their market share.
The leading vendors in the market are -
- Bayer CropScience
- Mahyco
- Nuziveedu Seeds
- Rasi Seeds
The other prominent vendors in the market are Advanta, Ajeet Seeds, Ankur Seeds, Bioseed, DuPont Pioneer, Kaveri Seeds, Namdhari Seeds, Rallis India, and Syngenta.
Segmentation by crop type and analysis of the hybrid seeds market in India
- BT cotton
- Maize
- Rice
- Pearl millet
- Sunflower
- Sorghum
- Fruits and vegetables
BT cotton is a genetically modified organism variety of cotton and is resistant to bollworms. This market research and analysis predicts that this segment will account for the major shares of this market space throughout the predicted period. Bayer CropScience, Mahyco, and Nuziveedu Seeds are some of the major vendors that offer hybrid cotton seeds in the country.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the hybrid seeds market in India?
- What are the key market trends impacting the growth of the hybrid seeds market in India?
- What are the challenges to market growth?
- Who are the key vendors in the hybrid seeds market in India?
- What are the market opportunities and threats faced by the vendors in the hybrid seeds market in India?
- Trending factors influencing the market shares of India.
- What are the key outcomes of the five forces analysis of the hybrid seeds market in India?
Technavio also offers customization on reports based on specific client requirement.
Hybrid seeds are produced through controlled cross-pollination between different varieties of the same plant. This helps transfer desirable traits of a specific plant into some other plant, which cannot be achieved through inbreeding. These seeds have specific characteristics ranging from better adaptation to environmental stress, more resistance to diseases and pests, and higher yields. The upcoming report for the hybrid seeds market in India is an integral part of food and beverage industry.
Technavio offers a wide collection of research reports by collecting data and insights from vendors, manufacturers, and end users to provide an accurate forecast for the food service sector. Research analysts at Technavio also gather immense data and information using primary and secondary research and process those using complex statistical models to present an accurate analysis of the overall market landscape. Research analysts at Technavio also perform an analysis of case studies, literature review, empirical study, and secondary analysis to predict the growth prospects of the market accurately. By observing current trends, financial indicators, economic trends, market history, and changes in pricing structure, research analyst at Technavio accurately present the future forecast for the hybrid seeds market in India.
This market report on the hybrid seeds market in India also provides segregated data and insights as per different segmentation criteria such as segmentation by geography, crop type, and seed type. Bayer CropScience, Mahyco, Nuziveedu Seeds, Rasi Seeds, Kaveri Seeds, DuPont Pioneer, Bioseeds, Namdhari Seeds, Syngenta, Advanta, and Rallis India are some of the vendors influencing the growth and stability of this market across the globe. Our analysts also predict that the market might experience growth due to the superiority of hybrid seeds over conventional seeds. Apart from this, an increase in government subsidy is also expected to boost the growth prospects for this market.
The upcoming research report on the hybrid seeds market in India also covers other factors such as market size, growth rate, demand forecasting, and opportunities and challenges faced by this industry. The report also provides up-to-date information on the market to help the client sustain themselves in this extremely competitive field and stay ahead of its competition. The report also covers related sectors from food and beverage market such as non-alcoholic beverage, alcoholic beverage, and food.