Market Trends of india seed Industry
Rice is highly cultivated in India among row crops, primarily because of the favorable conditions for its cultivation and the consistent market demand
- India is geographically diverse, with various climates and different soil types. This diversity allows for cultivating various row crops throughout the year. As a result, the area under row crops reached 179.2 million in 2022, which increased by 2.7% between 2017 and 2022. This growth is associated with the introduction of modern agricultural technologies, including improved seed varieties and mechanized equipment, making it more feasible for farmers to cultivate row crops.
- Rice accounted for the major share of 25.8% of the Indian row crop acreage in 2022. This is because the country's diverse agro-climatic zones provide favorable conditions for rice cultivation. Additionally, the stability of the rice market, combined with its consistent demand, makes it an attractive option for many Indian farmers. As a result, the acreage for rice is estimated to reach 51.6 million ha in 2030.
- Wheat accounted for the second largest acreage in India, with a share of 17.0% of the overall country's row crop cultivation area in 2022. This is because wheat is a staple food for many Indian populations, and The Indian government supports wheat cultivation through policies such as minimum support prices (MSPs) and procurement programs, which in turn drive the cultivation of wheat.
- In 2022, Uttar Pradesh and Madhya Pradesh accounted for India's major cultivation land for grains and cereals, with a share of 17.2% (17.1 million ha) and 10.6% (10.5 million ha). This is because both states have the largest geographical area in India and have fertile soils, which are highly suitable for cereal and grain cultivation. The favorable government policies and stable demand for row crops in the domestic market are estimated to drive the acreage in the country.
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Susceptibility to various diseases and demands for high-quality crop produce are driving the usage of cabbage and onion varieties with resistance to diseases, wider adaptability, and quality attributes
- Cabbage is widely cultivated in the country. The demand for high-value products is growing both in domestic and international markets. Popular traits available in the country are head weight, foliage color, adaptability to wide seasons (as cabbage is cold-specific), early maturity, and disease tolerance to foliar diseases. The size of heads and head weight are the major traits that have a significant demand, as they help increase yield productivity per hectare. Companies such as Syngenta AG and Bayer AG provide seeds with these traits to grow with high quality in adverse weather conditions.
- Onion is one of the major vegetable crops cultivated in the country. Globally, Indian onions are famous for pungency. Major traits such as disease tolerance, long shelf-life (helps in avoiding decay losses during long storage and long-distance transports), uniform size, the color of the onions (red, yellow, and white), tolerance to pest attacks, especially thrips, and early maturing varieties are promoting onion cultivation in the country. The major seed companies, such as Bayer AG, BASF SE, and Bejo Zaden BV, are developing varieties focusing on high yields, attractive colors, and winter adaptability traits. Varieties with disease resistance to purple blotch and downy mildew are widely cultivated, as they cause yield loss of 20%-60%. For instance, in 2021, Bejo and De Groot en Slot launched the first Downy-resistant shallot from seed named Innovator.
- High-quality crops with high disease resistance, increased shelf life, and product innovations with quality attribute traits are helping to increase the demand for these seeds during the forecast period.
Understand The Key Trends Shaping This Market
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Understand The Key Trends Shaping This Market
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Roots and bulbs dominated the area under cultivation of vegetable crop with higher demand for these crops and high export potential
- Varieties with disease-resistant and early maturity traits have a significant demand for the cultivation of chili and tomatoes in India
- The hybrid breeding technique is the country's most utilized approach for seed production. Only two transgenic crops are approved for cultivation in India
- Changing climatic conditions and higher virus infestation are driving the demand for hybrid rice and corn varieties with wider adaptability and disease resistance
- Wheat seed varieties resistant to rust and blunt smut traits and cotton varieties resistant to bollworms are in higher demand in the country
