India Seed Market to Grow with a CAGR of 7.41% through 2030
Growth in research and development activities is expected to drive the India Seed Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “India
Seed Market- By Region, Competition, Forecast & Opportunities, 2030F”,
the India Seed Market stood at USD 3.91 Billion in 2024 and is anticipated to
grow with a CAGR of 7.41% in the forecast period. Initiatives taken
by government based on seed has led to favorable market conditions for the
India Seed Market. Several factors contribute to the growth of various seed
products.
The government, recognizing the need for agricultural modernization, launched the Green Revolution. This transformative initiative introduced high-yield seed varieties and provided subsidies for fertilizers and pesticides to increase agricultural productivity and combat food shortages. Although the Green Revolution significantly improved crop yields, it also raised environmental concerns due to the heavy reliance on chemical inputs and the potential long-term effects on soil health.
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The India Seed Market is segmented into product
type, crop type, regional distribution, and company.
Based on its crop type, Cereals have emerged as the dominating segment in the India Seed Market during the forecast period. Cereals such as rice, wheat, and maize are staple crops that form the foundation of India's food security, driving consistent demand for high-quality seeds. Additionally, advancements in hybrid and genetically improved cereal seeds have enabled farmers to achieve higher yields, increased resistance to pests and diseases, and better adaptation to changing climate conditions. Government support through subsidies and initiatives aimed at improving cereal production has also fueled the growth of this segment, making it a central focus for both farmers and seed companies alike.
Based on region, North have emerged as the fastest growing region in the India Seed Market during the forecast period. This region benefits from fertile soil, an extensive irrigation network, and a climate conducive to growing a wide variety of crops, making it a prime area for seed adoption. Additionally, the government’s emphasis on increasing crop productivity, coupled with subsidies and support for hybrid and high-yield seed varieties, has accelerated growth in this region. The presence of well-established agricultural infrastructure and access to modern farming techniques further supports the rapid expansion of the seed market in northern India.
Major companies operating in
India Seed Market are:
- Syngenta India Private Limited
- Corteva Agriscience
- Bayer CropScience Limited
- Kaveri Seed Company Limited
- Advanta India Ltd
- Rijk Zwaan India Seeds Pvt Ltd
- BASF India Limited
- East-West Seed India Pvt. Ltd.
- Limagrain Field Seeds India
- Nuziveedu Seeds Limited ( NSL )
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“The integration of nanotechnology in the seed market aligns with India’s broader efforts to modernize its agricultural sector, as it enables higher yields while minimizing environmental impact. This cutting-edge technology is gaining traction as farmers and seed producers alike recognize its potential to transform crop production, especially in regions facing climatic challenges. As investment in agricultural research continues to grow, nanotechnology is expected to play a pivotal role in driving the future growth and competitiveness of the India seed market,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“India Seed Market By Product Type (Varietal Seeds, Hybrid Seeds, Genetically Modified Seeds), By Crop Type (Cereals, Fruits & Vegetables, Oilseeds, Cotton, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Seed Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Seed Market.
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