London, 17 March 2015 – TechNavio has announced the publication of a new market research report on the Hybrid Seeds Market in India, which is expected to grow at a CAGR of 14.10 percent from 2014-2019.
About the Report
According to the new report, population growth, increased income and economic growth is driving the demand for food in India, which has led to a rise in food consumption per capita. Rapid urbanization has changed the dietary patterns of consumers, as they now have access to a wider variety of food.
“The consumption of cereals has declined over the last decade, whereas demand for oils, fruits, pulses, and vegetables has increased considerably, thus making it crucial to increase the yield of these crops to meet the projected demand for food,” says Faisal Ghaus, Vice President of TechNavio.
The new TechNavio report also emphasizes the development and adoption of new technologies. With changes in climatic conditions as well as increases in population and area of cultivable land, there is a need to ensure food security and crop yield.
“Increased investment in R&D can provide better hybrids that have an enhanced quality and adaptability,” says Ghaus.
“Modern seed technologies enable cultivation of seeds with enhanced characteristics, which can eventually increase the profit margin for farmers,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Rise in Demand for Food
- For a full detailed list, view our report.
Market Challenges:
- High Cost of Hybrid Seeds
- For a full detailed list, view our report.
Market Trends:
- Development and Adoption of New Technologies
- For a full detailed list, view our report.
Key Vendors:
- Bayer CropScience AG
- Mahyco Seeds Ltd.
- Monsanto Co.
- Nuziveedu Seeds Ltd.
Other Prominent Vendors:
- Advanta
- Bioseed
- DuPont
- Kaveri Seeds
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
