India Okra Seed Market to Worth USD 148.Forty five Million by 2029 | Rising Field Below Okra Cultivation to Positively Affect the Market
Key corporations covered in India okra seed market are UPL Tiny (India), Mahyco Non-public Tiny (India.), JK Agri Genetics Tiny (India), Acsen HyVeg Pvt Ltd. (India), Nuziveedu Seeds Ltd. (India), Syngenta Neighborhood (Switzerland), Namdhari Seeds Pvt. Ltd. (India), BAYER AG (Germany), Ankur Seeds Pvt. Ltd. (India), BASF SE (Germany) & thoroughly different
| Supply:
Pune, India, Aug. 25, 2022 (GLOBE NEWSWIRE) — The global India okra seed market measurement hit USD 83.71 million in 2021. The market fee is slated to upward push from USD 87.12 million in 2022 to USD 148.45 million by 2029, exhibiting a CAGR of seven.91% at some level of the forecast duration, says Fortune Industry Insights™ in its represent titled, “India Okra Seed Market, 2022-2029”.
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List of Key Market Gamers:
- UPL Tiny (India)
- Mahyco Non-public Tiny (India.)
- JK Agri Genetics Tiny (India)
- Acsen HyVeg Pvt Ltd. (India)
- Nuziveedu Seeds Ltd. (India)
- Syngenta Neighborhood (Switzerland)
- Namdhari Seeds Pvt. Ltd. (India)
- BAYER AG (Germany)
- Ankur Seeds Pvt. Ltd. (India)
- BASF SE (Germany)
Account Scope & Segmentation:
| Account Coverage | Vital functions |
| Forecast Duration | 2022-2029 |
| Forecast CAGR | 7.91% |
| 2029 Cost Projection | USD 148.45 Million |
| Obnoxious Year | 2021 |
| India Okra Seed Market Size in 2021 | USD 83.71 million |
| Ancient Files | 2018-2020 |
| No. of Pages | 112 |
| Segments Coated | By Trait, By Farming Form |
| India Okra Seed Market Increase Drivers | Rising Field Below Okra Cultivation is Positively Influencing the Market Increase |
| Excessive Adoption of Hybrid Okra Seeds to Beef up Market Increase |
COVID-19 Affect –
Affect on Seed Availability in India from COVID-19 Disruptions
The COVID-19 outbreak’s lockdown introduced the economy to a stop, ensuing in all the closure of corporations in about a sectors, along side the Indian okra seed industry. Despite the truth that agricultural activities were exempted, agricultural fee chains were severely disrupted at some level of the early stages of the lockdown. This component had a extreme detrimental impact on India’s rural economy, namely the agriculture sector. Agricultural merchandise, equivalent to seeds, were seriously impacted at some level of the pandemic duration.
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Segments-
By Trait, Hybrid Seed to Dominate Market
Per trait, the market is split into hybrid and originate-pollinated.
The hybrid segment accounts for a astronomical part of the India okra seed market allotment. Shoppers are increasingly extra angry by excessive-yielding hybrid varieties. In contrast, the amount of cultivable land in the country is just not increasing proportionally. This has contributed to a upward push in the adoption of such merchandise among farmers, ensuing in greater yields with lower agri-enter necessities.
By Farming Form, Weak Farming to Thought Promising Increase
Per farming kind, the market is split into natural and extinct.
On account of the plentiful difficulty below extinct agriculture, the cultivation of hybrid and originate pollinated okra varieties is current. Furthermore, extinct farming enables for the most inspiring exhaust of chemical and biological agricultural inputs, equivalent to pesticides and fertilizers, as successfully as a bigger yield per hectare.
Account Coverage-
The overview represent presents a comprehensive diagnosis of the market, specializing in key factors equivalent to competitive landscape, traits, and farming kind. As successfully as, it presents insights into market trends and highlights key industry developments. As successfully as to the factors talked about above, the represent gains a different of thoroughly different factors which possess contributed to the market’s enhance in fresh years.
Drivers & Restraints-
Increase in Okra Cultivation Is Positively Influencing Market Increase
In accordance with recordsdata from the Food and Agriculture Group (FAO), the problem harvested from okra in India increased at a CAGR of 0.77% between 2016 and 2021. The insist harvested from okra in 2021 modified into once 531 thousand hectares, a 2.3% develop from the 513 thousand hectares harvested in 2020. As a result, the develop in okra cultivation difficulty fuels the quiz for excessive-yielding okra varieties. On the opposite hand, frequent climate changes in the design might perhaps additionally bog down the India okra seed market enhance.
Competitive Panorama-
Market is Consolidated with Loads of Multinational Companies
The market is semi-consolidated, with quite a lot of multinational companies and Small and Medium-Sized Enterprises (SMEs) competing for market allotment in the design. Syngenta Neighborhood, UPL Tiny, Bayer AG, Nuziveedu Seeds Ltd., and Mahyco Non-public Tiny are among India’s predominant producers. Predominant seed corporations are launching aggressive marketing campaigns to educate farmers referring to the benefits of hybrid seeds.
Key Industry Pattern-
December 2020: In Kerala, East-West Seed presented a brand fresh gardener-pleasant namely designed vegetable seed pack called ‘Hotfoot-Grow.’ The product line incorporated 14 vegetable seeds, along side okra for backyard cultivators.
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Detailed Table of Impart material:
- Introduction
- Learn Scope
- Market Segmentation
- Learn Methodology
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Alternatives
- Market Traits
- Key Insights
- Overview of the Guardian/Linked Markets
- Present Chain
- Regulatory Evaluation
- Most unusual Industry Tendencies – Insurance policies, Partnerships, Unusual Product Launches, and Mergers and Acquisitions
- Evaluation Linked to COVID-19
- India Okra Seed Market Evaluation, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Trait (Cost)
- Hybrid
- Originate Pollinated
- By Farming Form (Cost)
- Natural
- Weak
- By Trait (Cost)
- Competitive Matrix
- Industry Methods Adopted by Leading Gamers
- India Okra Seed Market Income Share/Ranking Evaluation, By Key Producers
- Firm Profiles
- UPL Tiny
- Overview
- Description
- Product Portfolio
- Financials (Files as on hand in public area and/or on paid databases)
- Most unusual Tendencies
- Mahyco Non-public Tiny
- Overview
- Description
- Product Portfolio
- Financials (Files as on hand in public area and/or on paid databases)
- Most unusual Tendencies
- JK Agri Genetics Tiny
- Overview
- Description
- Product Portfolio
- Financials (Files as on hand in public area and/or on paid databases)
- Most unusual Tendencies
- Acsen HyVeg Pvt Ltd.
- Overview
- Description
- Product Portfolio
- Financials (Files as on hand in public area and/or on paid databases)
- Most unusual Tendencies
- UPL Tiny
TOC Continued…!
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