The size of the seed industry in India reached USD 7.8 Billion in 2024. The market is projected to reach USD 19.0 Billion by 2033, exhibiting a growth rate (CAGR) of 10.5% during 2025-2033.Grab a sample PDF of this report: https://www.imarcgroup.com/seed-industry-in-india/requestsample
The growing demand for seeds in India stems from hybrids dominating 70.1% of the market revenue due to 15-35% higher yields and climate resilience, alongside protected cultivation seeds expanding rapidly. Government schemes like the Sub-Mission on Seeds and Planting Material (SMSP) and National Food Security Mission (NFSM) subsidize 50-75% of certified seed costs for pulses and oilseeds, boosting farmer access. Rich arable lands across agro-climatic zones further fuel commercialization.
Row crops command 80.6% market share, driven by Bt cotton and high-starch corn hybrids supported by ethanol mandates. Recent acquisitions, such as BASF's purchase of Noble Seeds and Crystal Crop's buyout of I&B Seeds, enhance vegetable seed supply, targeting the Rs 6,000 crore flower and vegetable segment. Rising farmer incomes and quality seed adoption amplify this momentum.
Key Market Trends & Insights:
Hybrid Seed Dominance
Hybrid seeds command 70.1% revenue share in India's seed market, delivering 15-35% higher yields over open-pollinated varieties with built-in pest and drought resistance. Companies like Advanta Seeds and Bayer AG develop non-transgenic hybrids suited to local conditions, boosting farmer adoption in cereals and vegetables. This shift enhances productivity amid climate variability.
Precision Agriculture Integration
Digital tools including AI, IoT, and blockchain revolutionize seed tracking and supply chains. Platforms provide real-time farmer advisories, improving seed quality and transparency. Navbharat Seeds leverages these for precision farming, enabling data-driven decisions that optimize inputs and outputs across diverse agro-climatic zones.
Demand for Organic Seeds
Rising consumer focus on sustainable farming spurs demand for organic and non-GMO seeds. Seed firms expand certified organic portfolios for crops like vegetables and grains. This trend aligns with eco-friendly practices, as companies like Namdhari Seeds offer naturally bred varieties meeting certification standards nationwide.
R&D Investments Surge
Private and public sectors ramp up R&D for disease-resistant, nutrient-rich varieties adaptable to local zones. Firms like Mahyco invest heavily, developing hybrids for cotton, maize, and vegetables. Government launches 109 high-yielding, climate-resilient seeds across cereals, pulses, and oilseeds to elevate productivity.
Protected Cultivation Expansion
Protected cultivation seeds grow rapidly, with yields like 280 metric tons per hectare for indeterminate tomatoes under subsidies. Open field holds 99.8% share, but greenhouses recoup investments in 30 months via high-density planting. Breeders prioritize uniformity and resistance for vertical structures.
Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=743&flag=E