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India GM Seed Market- Trend Analysis & Forecasts

Published Nov 18, 2024
Length 118 Pages
SKU # STLE20513388

Description

India GM Seed Market Overview:

The India GM seed market, valued at **US$ ** million in 2023 and projected to grow at a **CAGR of **% between 2025 and 2030, is expanding as farmers adopt genetically modified (GM) seeds to increase yields and pest resistance. Bt cotton remains the only GM crop commercially cultivated, while GM mustard, maize, and brinjal are under review. The market evolves amid ongoing debates over biosafety, sustainability, and biodiversity, but is supported by rising farmer awareness, seed technology advances, and biotech investments.

Primary Areas/ Elements of Research & Analysis

The report provides comprehensive and valuable insights into the supply and demand dynamics of the India GM seed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends

Market Growth Factors

The need for higher productivity to meet food security goals and the impact of climate change and pest infestations drive GM seed adoption. Bt cotton yields rose 167% and production increased 316% between 2002–03 and 2013–14, with adoption now covering 95% of India’s cotton area (10.66 Mha in 2024–25). Rising biotech R&D investment, global demand for high-yield crops, and better supply chain networks encourage uptake. Government and private-sector support for biotechnology innovation further propels growth.

Market Restraints & Challenges

A stringent regulatory environment and delayed approvals from the Genetic Engineering Appraisal Committee (GEAC) limit new GM crop introductions. Farmer and consumer skepticism about GMOs, concerns over biodiversity loss and contamination, and activism from environmental groups create resistance. Counterfeit seeds affect productivity and trust, while high R&D costs restrict smaller companies. Policy uncertainty and intellectual property issues also discourage innovation and market expansion.

Market Segmentation

Bt cotton dominates India’s GM seed market, with Maharashtra, Gujarat, Telangana, Karnataka, and Rajasthan leading adoption. Future growth could come from GM mustard and maize once regulatory approvals are granted. GM seeds are largely developed for pest resistance and herbicide tolerance, with ongoing R&D on drought and disease resistance. Regional adoption varies, with high uptake in major cotton-growing states and slower penetration elsewhere due to policy hurdles and awareness gaps.

Competitive Landscape

The market is a mix of domestic and global agritech companies. Key players include Mahyco, Rasi Seeds, Nuziveedu, Kaveri Seeds, Ankur Seeds, Advanta, JK Agri Genetics, Bioseed India, Ganga Kaveri, Bayer, Sungro, Namdhari, SeedWorks, Rallis India, and Krishidhan Seeds. Firms compete through R&D, licensing, and partnerships, while counterfeit seed makers disrupt trust and pricing. Companies with strong IP portfolios, sustainable GM traits, and regulatory compliance hold an advantage.

Outlook

India’s GM seed market is expected to expand steadily through 2030, driven by regulatory reforms, biotech innovation, and farmer education. Approval of GM mustard and maize could diversify the market beyond cotton. Increasing investment in CRISPR and gene-editing technologies, international collaborations, and government support for safe adoption will shape growth. Success will depend on tackling biosafety concerns, counterfeit seeds, and supply chain inefficiencies while building farmer trust in GM technology.

Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
Planted Area
By Seed material
By State
• Companies Profiled: The market players include, Rasi Seeds, Nuziveedu Seeds, Kaveri Seeds, Mahyco, Ankur Seeds, Advanta India, JK Agri Genetics, Bioseed India, Ganga Kaveri Seeds, Bayer, Sungro Seeds Pvt. Ltd., Namdhari Seeds, SeedWorks International Pvt. Ltd., Rallis India, Krishidhan Seeds Pvt., Ltd., and Others.

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Table of Contents

118 Pages
1. Executive Summary
2. Introduction
2.1. Objectives & Scope of the Study
2.2. Definitions & Economic Importance
2.3. Research Methodology
2.4. Factors and Decision Matrix Analysis
2.5. Limitations & Challenges
3. Product/ Market Overview
3.1. Conventional & GM Seed Demand Trend Analysis
3.2. Supply Chain Framework Analysis
3.3. Regulatory Analysis
4. India: Country Profile
5. Global & India GM Seed Market: An Overview
6. India GM Seed Market Growth Factors Analysis
6.1. Drivers and Restraints Analysis
6.2. Challenges and Opportunities Analysis
6.3. India GM Seed Industry SWOT Analysis
6.4. India GM Seed Market PESTEL Analysis
6.5. India GM Seed Market Porter's Five Forces analysis
7. India GM Seed Market: Segmentation Analysis
7.1. India GM Seed Market, Quantity Seed & Value of Seed Material
7.2. India GM Seed Market, Planted Area
7.3. India GM Seed Market, by State
8. India GM Seed Market: Export & Import Trend Analysis
8.1. India GM Seed Exports Analysis
8.2. India GM Seed Imports Analysis
9. Competitive Analysis
9.1. India GM Seed Market Share Analysis
9.2. Company Profiles
9.2.1. Mahyco (Maharashtra Hybrid Seeds Company)
9.2.2. Nuziveedu Seeds Ltd.
9.2.3. Kaveri Seed Company Ltd.
9.2.4. Rasi Seeds (P) Ltd.
9.2.5. Advanta Limited
9.2.6. JK Agri Genetics Ltd.
9.2.7. Bioseed India
9.2.8. Bayer CropScience Ltd.
9.2.9. Ganga Kaveri Seeds
9.2.10. Sungro Seeds Pvt. Ltd.
9.2.11. Ankur Seeds Pvt. Ltd.
9.2.12. Namdhari Seeds Pvt. Ltd.
9.2.13. Indo-American Hybrid Seeds (India) Pvt. Ltd.
9.2.14. SeedWorks International Pvt. Ltd.
9.2.15. Rallis India
9.2.16. Krishidhan Seeds Pvt., Ltd.
10. Conclusion
11. Appendix
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