Spurt in Investments in Biotech and Breeding Research Expected To Result In Hybridization

898 views

Published on

Published in: Business, Technology
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
898
On SlideShare
0
From Embeds
0
Number of Embeds
5
Actions
Shares
0
Downloads
34
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Spurt in Investments in Biotech and Breeding Research Expected To Result In Hybridization

  1. 1. 1© This is a licensed product of Ken Research and should not be copied
  2. 2. 2© This is a licensed product of Ken Research and should not be copiedTABLE OF CONTENTS1. India Seed Industry1.1. Introduction1.2. India Seed Market Size, FY’2007-FY’20131.2.1. By Revenue, FY’2007-FY’20131.2.2. By Production in Volume, FY’2007-FY’20131.3. India Seed Market Segmentation1.3.1. By Varietal/ Non- Hybrid and Non-Varietal/ Hybrid Seeds, FY’2007-FY’20131.3.1.1. Non-Varietal Seeds by Cross Bred Hybrid Seeds and Genetically ModifiedHybrid Seeds, FY’20131.3.2. By Non-Vegetable and Vegetable Seeds, FY’2007-FY’20131.3.2.1. By Type of Non-vegetable Seeds, FY’20131.3.2.2. By Type of Vegetable Seeds, FY’20131.3.3. By Breeder, Foundation and Certified/ Quality Seeds, FY’2006-FY’20121.3.4. By Industry Structure, FY’2011-FY’20131.3. India Distribution of Certified/ Quality Seeds1.3.1. By Cereals, Pulses, Oil Seeds, Fibres and Others, FY’2006-FY’20122. India Hybrid Seed Market Introduction2.1. India Hybrid Seed Market Size, FY’2006-FY’20122.2. India Hybrid Seed Market Segmentation, FY’2012-FY’20132.2.1. By Hybrid Crop Seeds2.2.1.1. By BT Cotton2.2.1.2. Hybrid Corn/ Maize2.2.1.3. Hybrid Vegetables2.2.1.4. Hybrid Pearl Millet/ Bajra2.2.1.5. Hybrid Sunflower/Oil seeds2.2.1.6. Hybrid Sorghum/ Jowar
  3. 3. 3© This is a licensed product of Ken Research and should not be copied2.2.1.7. Hybrid Rice/ Paddy2.3. India Hybrid Seed Industry: Trends and DevelopmentsBT Brinjal Recommended for Commercialization in IndiaDeveloping Biotech Crops in India2.4. Market Share of Major Players in India Hybrid Seed Industry, FY’20122.4.1. By BT Cotton Seed Market2.4.2. By Hybrid Vegetable Seed Market2.4.3. By Hybrid Corn/Maize Seed Market2.4.4. By Hybrid Pearl Millet Market2.4.5. By Hybrid Rice/Paddy Market2.5. India Hybrid Seed Market Future Outlook2.5.1. India Hybrid Seed Market Future Projections, FY’2014-FY’20182.5.1.1. By Hybrid Crop Seeds, FY’2014-FY’20182.6. Company Profiles of Major Players in India Hybid Seed Market2.6.1. Nuziveedu Seeds Limited2.6.1.1. Company overview2.6.1.2. Business StrategyAdapting to Shifting Consumer NeedsImpoverished TechnologiesUnveiling New Brand Entity2.6.1.3. Financial Performance, FY’2009-FY’20122.6.2. Mahyco Seeds Limited2.6.2.1. Company Overview2.6.2.2. Business StrategyExpanding Product Portfolio2.6.2.3. Financial Performance, FY’2009-FY’20122.6.3. Monsanto India Limited2.6.3.1. Company Overview
  4. 4. 4© This is a licensed product of Ken Research and should not be copied2.6.4. Rasi Seeds2.6.4.1. Company Overview2.6.4.2. Business StrategyIncreased Focus on Developing Virus Resistant Cotton VarietiesSurging Research and Development Expenditure2.6.5. Bayer Crop Science2.6.5.1. Company Overview2.6.5.2. Business StrategyEstablishing New Breeding Stations3. India Seed Industry Trends and DevelopmentsGovernment InitiativesRapidly Intensifying CompetitionIndian Seed Congress: Working for the Development of Seed IndustryRapidly Advancing Innovative TechnologiesRising Availability of CreditSuccessful Varieties Produced in the Recent Years4. Government Regulations in India Seed IndustrySeed Legislations by the Government of India5. India Seed Industry Future Outlook5.1. India Seed Industry Future Projections, FY’2014- FY’20185.1.1. By Varietal/Non- Hybrid and Non-Varietal Seeds/ Hybrid Seeds, FY’2014-FY’20185.2. Cause and Effect Relationship between Industry Factors and India Seed IndustryProspects6. Macro Economic Factors of India Seed Industry6.1. Population, 2007-20186.2. GDP from Agriculture and Allied Activities, FY’2007-FY’20186.3. Total Area Under Cultivation for Food Grains and Crops, FY2007-FY’20186.4. Minimum Support Price for Key Crops in India, FY’2007-FY’2013
  5. 5. 5© This is a licensed product of Ken Research and should not be copied6.5. Flow of Institutional Credit to Agricultural Sector in India, FY’2007-FY’20137. Appendix7.1. Market Definitions7.2. Abbreviations7.3. Research MethodolgyData Collection MethodsApproachVariables (Dependent and Independent)Multi Factor Based Sensitivity ModelFinal Conclusion7.4. Disclaimer
  6. 6. 6© This is a licensed product of Ken Research and should not be copiedLIST OF FIGURESFigure 1: India Seed Market Size on the Basis of Revenue in INR Million, FY’2007-FY’2013Figure 2: India Seed Market Size on the Basis of Production in Thousand Tonnes, FY’2007-FY’2013Figure 3: India Seed Market Segmentation by Hybrid/ Non-Varietal and Varietal/ Non- HybridSeeds on the Basis of Contribution in Percentage (%), FY’2007-FY’2013Figure 4: India Non- Varietal Seed Market Segmentation by Cross Bred Hybrids and GeneticallyModified Hybrids on the Basis of Method of Hybridization, FY’2013Figure 5: India Seed Market Segmentation by Non-Vegetable Seeds and Vegetable Seeds on theBasis of Contribution in Percentage (%), FY’2007-FY’2013Figure 6: India Commerical Seed Market Segmentation by Cotton, Paddy, Vegetables, Wheat,Maize, Sorghum and Millets, Sunflower and Others on the Basis of Contribution in Percentage(%), FY’2013Figure 7: India Seed Market Segmentation by Type of Non-Vegetable Seeds on the Basis ofContribution in Percentage (%), FY’2013Figure 8: India Hybrid Seed Market Size on the Basis of Revenue in INR Million, FY’2007-FY’2013Figure 9: India Hybrid Seed Market Segmentation by Cotton, Corn/Maize, Vegetables,Sunflower Bajra, Sorghum and Rice on the Basis of Contribution in Percentage (%), FY’2012-FY’2013Figure 10: India BT Cotton Seed Market Size on the Basis of Revenue in INR Million andGrowth Rate in Percentage (%), FY’2007-FY’2013Figure 11: India Hybrid Vegetable Seed Market Segmentation by Okra, Gourds, Tomato, Chilli,Cauliflower, Cabbage, Eggplant, Watermelon and Others on the Basis of Contribution inPercentage (%), FY’2013Figure 12: Market Share of Major Players in India Hybrid Seed Market in Percentage (%),FY’2012Figure 13: Market Share of Leading Players in BT Cotton Seed Market in India in Percentage(%), FY’2012Figure 14: Market Share of Major Players in Hybrid Vegetable Seed Market in India inpercentage (%), FY’2012
  7. 7. 7© This is a licensed product of Ken Research and should not be copiedFigure 15: Market Share of Major Players in Hybrid Corn/ Maize Market in India in Percentage(%), FY’2012Figure 16: Market Share of Major Players in Hybrid Vegetable Seed Market in India inPercentage (%), FY’2012Figure 17: Market Share of Major Players in Hybrid Rice Seed Market in India in Percentage(%), FY’2012Figure 18: India Hybrid Seed Market Future Projections on the Basis of Revenue in INR Million,FY’2014-FY’2018Figure 19: Nuziveedu Seeds Revenue in INR Million, FY’2009-FY’2012Figure 20: Business Model of MahycoFigure 21: Mahyco Revenue in INR Million, FY’2009-FY’2012Figure 22: Procedure for Registration of a Plant VarietyFigure 23: India Seed Market Future Projections on the Basis of Revenue in INR Million,FY’2014-FY’2018Figure 24: India Seed Market Future Projections by Non-Varietal/ Hybrid Seeds and VarietalSeeds on the Basis of Contribution in Percentage (%), FY’2014-FY’2018Figure 25: India Population in Million, 2007-2018Figure 26: India GDP from Agriculture and Allied Activities in INR Million, FY’2007-FY’2018Figure 27: India Total Area under Cultivation of Food Grains and Crops, FY’2007-FY’2018Figure 28: India Flow of Insitutional Credit to Agricultural Sector in INR Million, FY’2007-FY’2018
  8. 8. 8© This is a licensed product of Ken Research and should not be copiedLIST OF TABLESTable 1: India Seed Requirement, Availability and Surplus/ Deficiency in Thousand Tonnes,FY’2006-FY’2012Table 2: India Seed Market Segmentation by Hybrid and Varietal Seeds on the Basis of Revenuein INR Million, FY’2007-FY’2013Table 3: India Seed Market Segmentation by Non-Vegetable Seeds and Vegetable Seeds on theBasis of Revenue in INR Million, FY’2007-FY’2013Table 4: India Seed Market Segmentation by Type of Non-Vegetable Seeds on the Basis ofRevenue in INR Million, FY’2013Table 5: India Open Pollinated Vegetable Seed Market by Type of Seeds on the Basis ofProduction in Tonnes and Contribution in Percentage (%), FY’2013Table 6: India F1 Hybrid Vegetable Seed Market by Type of Seeds on the Basis of Production inTonnes and Contribution in Percentage (%), FY’2013Table 7: India Seed Market Segmentation by Production of Breeder, Foundation and Certified/Quality Seeds in Thousand Tonnes, FY’2006-FY’2012Table 8: Sale Price of Breeder Seeds in India in INR per Quintal by Major Crops, FY’2012-FY’2013Table 9: India Seed Market Segmentation by Industry Structure on the Basis of Contribution inRevenue in Percentage (%), FY’2011-FY’2013Table 10: India Distribution of Certified/ Quality Seeds by Cereals, Oilseeds, Pulses, Fibres andOthers on the Basis of Contribution in Percentage (%), FY’2006-FY’2012Table 11: India Distribution of Certified/ Quality Seed by Cereals, Oilseeds, Pulses, Fibres andOthers in Thousand Tonnes, FY’2006-FY’2012Table 12: India Distribution of Certified/ Quality Seeds by Categories in Thousand Tonnes,FY’2006-FY’2012Table 13: Major States Consuming Certified and Quality Seeds in Percentage (%), FY’2012Table 14: Major Seed Production States in India by CropsTable 15: India Hybrid Seed Market Segmentation on the Basis of Production in Tonnes andHybridization in Percentage (%), 2008, 2011 and 2013
  9. 9. 9© This is a licensed product of Ken Research and should not be copiedTable 16: India Hybrid Seed Market Segmentation by Cotton, Corn/Maize, Vegetables, Bajra,Sunflower, Sorghum and Rice on the Basis of Revenue in INR Million, FY’2012-FY’2013Table 17: India Adoption of Single and Multiple Gene BT Cotton Hybrids in Percentage (%),2006- 2011Table 18: India Area, Production and Productivity of Cotton in Million Hectares, Million Balesand Kilogram per Hectare respectively, FY’2007-FY’2013Table 19: Commercially Released Varieties of BT Cotton approved by GEAC till 2010Table 20: List of Hybrids of Maize Notified By Name, Organization, Area of Adaption andCharacteristics, FY’2012Table 21: India List of Hybrids and Composites of Maize Registered under PPV&FR Act, 2001,FY’2012Table 22: Maize/ Corn Hybrids Identified for Release by Maturity Group in FY’2012Table 23: India Hybrid Seed Penetration in Percentage (%) by Crop Categories, 2010Table 24: India Hybrid Vegetable Seed Market Segmentation by Okra, Gourds, Tomato, Chilli,Cauliflower, Cabbage, Eggplant, Watermelon and Others on the Basis of Revenue in INRMillion, FY’2013Table 25: India Vegetable Seed Categories by Varieties and Quantities Produced in Kilogram,FY’2012Table 26: India List of Vegetable Seed Varieties Developed and the States Suitable forCultivation by Vegetable CategoriesTable 27: India FI Hybrid Vegetable Seeds Identified for Release and Notified by CropCategories, Source and Zones for Recommendation, FY’2012Table 28: India Distribution of Certified Seeds of Pearl Millet in Thousand Tonnes, FY’2007-FY’2011Table 29: List of Pearl Millet Hybrids Developed in India by Parentage, Notification Date,Breeding Organization, Area of Adaption and Maturity Group, 2011Table 30: Castor and Sunflower Varieties and Hybrid Seeds Developed by Department ofOilseed Research in India and Quantity produced in Lakh Quintals, FY’2012Table 31: Rice Hybrid Varieties Released in India by FD in Days and Yield in Kilogram perHectare, FY’2012
  10. 10. 10© This is a licensed product of Ken Research and should not be copiedTable 32: Upcoming Advanced Breeding Lines and New Rice Hybrids in India by Entry Numberand ResistanceTable 33: India Hybrid Seed Market Future Projections by Hybrid Crops on the Basis of Revenuein INR Million, FY’2014-FY’2018Table 34: Bayer Crop Science Several Major Seeds & Traits from ResearchTable 35: Genetically Modified Crops in Development Stage in India by TraitsTable 36: India Seed Market Future Projections by Non-Varietal/ Hybrid Seeds and VarietalSeeds on the Basis of Revenue in INR Million, FY’2014-FY’2018Table 37: Cause and Effect Relationship Analysis between Industry Factors and ExpectedIndustry Prospects of the India Commercial Seed IndustryTable 38: India Minimum Support Prices for Key Crops in India in INR per Tonne, FY’2007-FY’2013Table 39: Correlation Matrix of India Seed IndustryTable 40: Regression Coefficients Output of Indian Seed Market
  11. 11. 11© This is a licensed product of Ken Research and should not be copiedIndian seed industry is an effervescent marketin the world, presently occupying 6th positionwith revenue of INR ~ million in FY’2013INDIA SEED INDUSTRYINDIA SEED MARKET SIZE, FY’2007-FY’2013BY REVENUE, FY’2007-FY’2013The Indian seed industry, over the years, has evolved by adopting and innovating upon scientificadvancements in variety development and quality seed production. The industry has growntremendously over the last few years and……presently occupying 6thposition with revenue of INR 110,044.7 million in FY’2013. Over thelast seven years, the industry has grown at a CAGR of 18.8%. This can be attributed to theincreased adoption of BT cotton hybrids… to generate an alternative for the scarcity oftraditional fuel has inclined the demand for corn seeds and oil seeds in the country.The market has certainly showcased remarkable growth from INR ~ million in FY’2007 toINR ~ million in FY’2009 majorly due to theIn FY’2011, the market appreciated by 28%to INR ~ million on account of stabilizingFigure: India Seed Market Size on the Basis of Revenue in INR Million, FY’2007-FY’20130.020,000.040,000.060,000.080,000.01,00,000.01,20,000.0FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013INRMillion
  12. 12. 12© This is a licensed product of Ken Research and should not be copiedINDIA SEED MARKET SEGMENTATIONBY VARIETAL/ NON- HYBRID AND NON-VARIETAL/ HYBRID SEEDS,FY’2007-FY’2013The Indian seed industry is bifurcated into varietal or non-hybrid seeds and non-varietal i.e. thehybrid seeds. The Indian seed industry is characterized by……second category is hybrid seeds, which are developed through cross pollination and cannot bereused. These are the first generation seeds (F1) produced from crossing two geneticallydissimilar parent species……contribution of varietal seeds to the overall commercial seed market in Indian has witnessed asteep decline from ~% in FY’2007 to ~% in FY’2013. This is because the farmers believe that……furthermore, since the introduction of BT cotton hybrids in early 2000, there has been a vastincline in the yield of BT cotton in the country over the last decade. The introduction of BTcotton hybrids by Monsanto has…Figure: India Seed Market Segmentation by Hybrid/ Non-Varietal and Varietal/ Non-Hybrid Seeds on the Basis of Contribution in Percentage (%), FY’2007-FY’20130.0%10.0%20.0%30.0%40.0%50.0%60.0%70.0%80.0%90.0%100.0%FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013Percentage(%)Hybrid Seeds Varietal Seeds
  13. 13. 13© This is a licensed product of Ken Research and should not be copiedTable: India Seed Market Segmentation by Hybrid and Varietal Seeds on the Basis ofRevenue in INR Million, FY’2007-FY’2013Categories FY’2007 FY’2008 FY’2009 FY’2010 FY’2011 FY’2012 FY’2013Hybrid SeedsVarietal SeedsTotal CommercialSeedsNON-VARIETAL SEEDS BY CROSS BRED HYBRID SEEDS AND GENETICALLYMODIFIED HYBRID SEEDS, FY’2013…In India, the adoption of GM crops has been rapid and hence, the market for geneticallymodified seeds containing herbicide tolerant or insect resistant traits has been one of the fastestgrowing markets in the agricultural industry over the last 4 years…. in FY’2013, GM seedscontributed nearly ~% in the non-varietal seed revenue whereas the contribution of cross bredhybrids was recorded as ~% during the year. This has been primarily due to…Figure: India Non- Varietal Seed Market Segmentation by Cross Bred Hybrids andGenetically Modified Hybrids on the Basis of Method of Hybridization, FY’2013Cross Bred HybridGenetically Modified Hybrid
  14. 14. 14© This is a licensed product of Ken Research and should not be copiedBY NON-VEGETABLE AND VEGETABLE SEEDS, FY’2007-FY’2013... Indian seed market is majorly contributed by non-vegetable seeds such as corn, cotton, paddy,wheat, sorghum, sunflower and millets. In FY’2013, the non-vegetable seeds accounted for ~%of the overall seed market in India and generated revenue worth INR ~ million. On the otherhand, vegetables accounted for ~% of the market in FY’2013.Non-vegetable seed market in India is largely concentrated in cotton, contributing the largestshare of ~% to the overall market in FY’2013, followed by paddy with a share of nearly ~% tothe overall revenue of the market……it is a favorable option for diversifying agriculture in various agro climatic zones and ranks asthe third most important food crops in India, after wheat and rice. It is the most adaptable cropwith wider availability and highest genetic yield potential among the food grain crops…Figure: India Seed Market Segmentation by Non-Vegetable Seeds and Vegetable Seeds onthe Basis of Contribution in Percentage (%), FY’2007-FY’2013Table: India Seed Market Segmentation by Non-Vegetable Seeds and Vegetable Seeds onthe Basis of Revenue in INR Million, FY’2007-FY’2013Categories FY’2007 FY’2008 FY’2009 FY’2010 FY’2011 FY’2012 FY’2013Non-VegetableSeedsVegetable SeedsTotal0.0%10.0%20.0%30.0%40.0%50.0%60.0%70.0%80.0%90.0%100.0%FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013Percentage(%)Non-Vegetable Seeds Vegetable Seeds
  15. 15. 15© This is a licensed product of Ken Research and should not be copiedBY TYPE OF VEGETABLE SEEDS, FY’2013The vegetable seed segment is one of the potential segments in the seed industry in India. Themarket has garnered…Vegetables constitute a vital portion of human diet. Similar to any other crop, seed is animportant factor governing the production of vegetables in India… quality seed production isexpected to increase the production within the country and open big source of potential foreignexchanges by exporting seeds to neighboring countries such as South East Asia and Africa. ..Vegetable seeds have largely contributed ~% of the market in FY’2013. The market was valuedat INR ~ million during the year as compared to INR ~ million in FY’2007…Table: India Open Pollinated Vegetable Seed Market by Type of Seeds on the Basis ofProduction in Tonnes and Contribution in Percentage (%), FY’2013Open Pollinated Vegetable Seed Categories Production (Tonnes) Contribution%BeansCorianderPeasOnionRadishOkraCucumberOther gourdsBottle gourdCauliflowerChilliMuskmelonBitter gourdTomatoWatermelonEggplant
  16. 16. 16© This is a licensed product of Ken Research and should not be copiedCabbageKnolkholPumpkinBeetCapsicumOthersTotalF1 hybrids of vegetables are the first generation offspring of a vegetable or any other crop crossbetween two genetically diverse parents.Indian hybrid vegetable seed market on the basis of production is largely held by okra and gourdwhich contribute nearly ~% of the volume of hybrid vegetable seeds produced in the country inFY’2013. It was recorded that nearly 80 tonnes of watermelon seeds were produced in Indiafollowed by Chilli with a production of ~ tonnes. Tomato and eggplant also contributed nearly~% and ~% in the production of FI vegetable seeds in India in FY’2013 respectively…Table: India F1 Hybrid Vegetable Seed Market by Type of Seeds on the Basis ofProduction in Tonnes and Contribution in Percentage (%), FY’2013F1 Hybrid Vegetable SeedCategoriesProduction (Tonnes) Contribution%OkraGourdsWatermelonChilliTomatoEggplantCabbageCauliflowerMelonsCucumberCapsicumOthers
  17. 17. 17© This is a licensed product of Ken Research and should not be copiedTotalINDIA HYBRID SEED MARKET SIZE, FY’2007-FY’2013…hybrid seed market in India has been growing tremendously over the last 4 years. The markethas increased at a CAGR of 36.1% for the period FY’2007-FY’2013. The market potential ismajorly tapped by hybrid cotton, corn,…The Indian hybrid seed market has reached INR ~ million in FY’2013 from INR ~ million inFY’2007. The amplified growth implies that the industry had been moving towards another greenrevolution…New Hybrid Varieties Developed in India in 2013:• In FY’2013, the scientists of Chaudhary Charan Singh Haryana Agricultural University,Hisar have developed 5 new hybrid varieties of wheat, Bajra and oil seeds.•…The second wheat variety, namely,… ‘Thirdly, a mustard variety,… it possessed 15% yieldadvantage over the existing high yielding varieties owing to..Figure: India Hybrid Seed Market Size on the Basis of Revenue in INR Million, FY’2007-FY’20130.010,000.020,000.030,000.040,000.050,000.060,000.070,000.080,000.0FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013INRMillion
  18. 18. 18© This is a licensed product of Ken Research and should not be copiedINDIA HYBRID SEED MARKET SEGMENTATION, FY’2012-FY’2013…In FY’2012, BT cotton contributed nearly ~% of the hybrid seed market revenue by generatingINR ~ million which further inclined to ~ million in FY’2013. The cotton segment of the hybridseed market was followed by maize…,Vegetables were the third largest contributor to the hybrid seed market in India with a share of~% in the revenue in FY’2012 and ~% in FY’2013. Vegetables play a major role in Indianagriculture by endowing food, nutrition and…Bajra/ Pearl millet is the fourth leading segment of the hybrid seed industry in India accountingfor ~% of the market revenue in FY’2012 and generating revenue worth INR ~ million.Hybrid rice held the smallest share in the market for hybrid seeds with a share of nearly ~% inthe market revenue and was valued at INR ~ million in FY’2012. However, several large scaleadoption issues are being taken up…Figure: India Hybrid Seed Market Segmentation by Cotton, Corn/Maize, Vegetables,Sunflower Bajra, Sorghum and Rice on the Basis of Contribution in Percentage (%),FY’2012-FY’20130.0%10.0%20.0%30.0%40.0%50.0%60.0%70.0%80.0%90.0%100.0%FY2012 FY2013PPercentage(%)Cotton Corn/ Maize Vegetables Sunflower Bajra Sorghum Rice
  19. 19. 19© This is a licensed product of Ken Research and should not be copiedTable: India Hybrid Seed Market Segmentation by Cotton, Corn/Maize, Vegetables, Bajra,Sunflower, Sorghum and Rice on the Basis of Revenue in INR Million, FY’2012-FY’2013Hybrid Crop Seeds FY’2012 FY’2013PBT. CottonCorn/MaizeVegetablesSunflowerBajra/ Pearl MilletSorghumRiceTotalBY HYBRID CROP SEEDSHYBRID CORN/ MAIZEMaize has immense potential in contributing to total food production in India. It is majorly inAndhra Pradesh and mainly in the… overall, biotechnology and improved package of practicesin different ecological regions of the country has contributed significantly in achieving higherproduction levels of maize in the recent years...Pioneer and Monsanto are market leaders in this segment, with a market share of ~% and ~%respectively in FY’2012. In 2012, Syngenta introduced a diverse line of 70 new corn hybrids for2013 planting season. The new offerings include…Hybrid corn/ maize contributed INR ~ million to the overall revenue of the hybrid seed market inFY’2012 and contributed nearly ~% to the market during the year..The segment presents a huge opportunity in the domestic market due to…In FY’2012, 6 hybrids for different agro-climatic conditions of the country were released by theCentral Subcommittee on Crop Standards. Among these,…
  20. 20. 20© This is a licensed product of Ken Research and should not be copiedTable: List of Hybrids of Maize Notified By Name, Organization, Area of Adaption andCharacteristics, FY’2012Hybrids Centre/ Organization Area of Adaption/ Zone CharacteristicsTable: India List of Hybrids and Composites of Maize Registered under PPV&FR Act,2001, FY’2012Name Centre Period of protection (Years)New Category Hybrids
  21. 21. 21© This is a licensed product of Ken Research and should not be copiedHYBRID VEGETABLES…there has been tremendous progress made by public and private sector in the development ofhybrids in several vegetable seeds such as tomato, brinjal, chili, okra, muskmelon, sponge gourd,cabbage, cauliflower, onion, carrot, cucumber and others… the market for hybrid vegetable seedsis rapidly growing…Hybrid penetration has been the largest in cabbage among all the vegetable seed categories with~% penetration followed by tomato with ~% and…Table: India Hybrid Seed Penetration in Percentage (%) by Crop Categories, 2010Hybrid Crop Seeds Penetration Rate (%)CabbageTomatoWatermelonOkraGourdsChilliCauliflowerEggplantCucumberOkra is the largest contributor to the hybrid vegetable seed revenue in India with a share of ~% ofthe overall market for hybrid vegetable seeds in FY’2013. Gourd vegetable seeds has alsoaccounted for a significant portion of the market…
  22. 22. 22© This is a licensed product of Ken Research and should not be copiedFigure: India Hybrid Vegetable Seed Market Segmentation by Okra, Gourds, Tomato,Chilli, Cauliflower, Cabbage, Eggplant, Watermelon and Others on the Basis ofContribution in Percentage (%), FY’201316.5%14.6%11.6%10.5%8.4%8.8%3.4%3.3%22.9%OkraGourdsTomatoChilliCauliflowerCabbageEggplantWatermelonOthers
  23. 23. 23© This is a licensed product of Ken Research and should not be copiedHYBRID SORGHUM/ JOWARSorghum is an important cereal crop in India. It requires significantly less water than othercereals, which makes it ideal for cultivation in dry areas……sorghum is a principally a self-pollinating crop which displays…It has been recorded that 25 hybrids and 25 varieties of sorghum have been released in India untilFY’2011. CSH1 was…There has been wide popularity of nationally released sorghum hybrids (CSH 1 to CSH 25),varieties (CSV 1 to CSV 23),…In FY’2012, hybrid sorghum seed contributed ~% to the overall hybrid seed market revenue andgenerated revenue worth INR ~ million during the year…Key Development in Sorghum Hybrid Varieties in Recent Years:• CSH 15R and CSH 19R have showcased greater productivity in the recent years, but theacceptability…MARKET SHARE OF MAJOR PLAYERS IN INDIA HYBRID SEEDINDUSTRY, FY’2012The Indian hybrid seed market is highly competitive with the presence of large and small scaleseed producers and marketers across numerous states across India….…several domestic seed companies have also launched hybrid GM cotton seeds by licensing thegene from developers and then developing their own hybrids. For instance, the BT cotton gene,developed by Monsanto and marketed by Monsanto-Mahyco Biotech, has been licensed to morethan 10 companies in the country and has virtually captured the market for cotton seeds…The hybrid seed market in India is largely held by Nuziveedu Seeds, Mahyco seeds, Monsanto,Rasi Seeds, Bayer India, Pioneer Seeds and Syngenta which captured nearly ~% of the market inFY’2012.
  24. 24. 24© This is a licensed product of Ken Research and should not be copiedNuziveedu seed is the largest player in the hybrid seed market in India with a market share of ~%in FY’2012 and total revenue of INR ~ million during the year. The company has emerged as theleading player in the hybrid seed market in the country in the recent years….…in addition to this, Bayer Crop Sciences and Du Pont Pioneer India have also contributedsignificantly to the market of hybrid seeds in India and contributed nearly ~% and ~% of themarket in FY’2012…Figure: Market Share of Major Players in India Hybrid Seed Market in Percentage (%),FY’2012BY BT COTTON SEED MARKETThere has been a tremendous incline in the BT cotton market in India over the last decade. Frombeing the 5thlargest cotton producer, known for its low-quality fibre, India has transformed itsposition to the world’s second largest grower of cotton…In FY’2012, Nuziveedu Seeds emerged as the largest contributor to the market of BT cottonseeds in India, with a market share of ~% during the year. The company has covered 35-40% ofthe total cotton acreage in India planted with its hybrid seeds…Rasi Seeds emerged as the second largest company in the marketing of BT cotton seeds inFY’2012 with a market share of ~%. The company in collaboration with Monsanto hasdeveloped transgenic BT hybrids…Nuziveedu SeedsMahyco SeedsMonsantoRasi SeedsBayer IndiaPioneer SeedsSyngentaOthers
  25. 25. 25© This is a licensed product of Ken Research and should not be copiedSyngenta is the market leader with a shareof nearly ~% in the hybrid vegetable seedmarket in India in FY’2012Mahyco is the fourth largest player in the BT cotton seed market in India with a share of nearly~% in the overall revenue of BT cotton seed in India. The company has retained a leadingposition in the market over the years. However, in 2012,…Figure: Market Share of Leading Players in BT Cotton Seed Market in India in Percentage(%), FY’2012BY HYBRID VEGETABLE SEED MARKETThe hybrid vegetable seed market in India is majorly concentrated among the top five companiescontributing ~% of the market in FY’2012.Syngenta was the market leader with a share ofnearly ~% in the hybrid vegetable seed marketin India in FY’2012. Vegetable seed productionaccounts for 40% of Syngenta’s total seed andthe rest is accounted by rice, corn and cotton and sunflower...Namdhari Seeds had a market share of nearly ~% in hybrid vegetable seed market in India inFY’2012. The company is…Nuziveedu SeedsRasi SeedsAnkur SeedsMahycoMonsantoKrishidhan SeedsNath SeedsJK Agri GeneticsMavens BiotechOthers
  26. 26. 26© This is a licensed product of Ken Research and should not be copiedFigure: Market Share of Major Players in Hybrid Vegetable Seed Market in India inpercentage (%), FY’2012INDIA HYBRID SEED MARKET FUTURE OUTLOOKThe future of the seed industry in India is expected to be tremendous, with the rising demand forbranded and quality seeds. The agriculture sector in India is gaining importance in the countrydriven by the surging need from cultivation coupled with limited availability of land undercropping amidst the growing population. In India,……fortune of the hybrid seed industry largely depends on the growth and development of theagricultural sector. With a steady increase in the population, the land available for cultivation isdwindling. Thus, there is a growing……the future of the hybrid seed industry seems to be promising in the coming few years. This willbe on account of rapid hybridization in vegetables, corns, rice and other crops in the country andadvanced techniques applied in genetic modification which is expected to spur the demand forhybrids in the country in the near term. Furthermore, the rapid use of biotechnology inagriculture is also creating additional value for the farmers and the seed industry. This isexpected to…SyngentaNunhems IndiaMahycoMonsantoNamdhariVibhaAdvantaNuziveeduJK SeedsOthers
  27. 27. 27© This is a licensed product of Ken Research and should not be copiedThe Indian hybrid seed industry is expected to grow at 17% over the period FY’2014-FY’2018with hybrid cotton consolidating its dominant position, and intense growth is expected in the…It is forecasted that in order to provide feed, fuel and clothes to the rapidly growing population inIndia, farm production must increase on a continuous basis through enhancement in farmproductivity. This can be achieved by……the country has a great potential to become a major player in global seed industry. The exportopportunity lies in African, SAARC and South East Asian countries…INDIA SEED INDUSTRY TRENDS AND DEVELOPMENTS….RAPIDLY ADVANCING INNOVATIVE TECHNOLOGIES…seed industry in India is undergoing a rapid technological transformation to develop new plantvarieties, which are adaptable to altering environmental conditions and assisting farmers to growmore by using fewer natural resources. Strong……SUCCESSFUL VARIETIES PRODUCED IN THE RECENT YEARSSeveral varieties of seeds have achieved success in FY’2012 through the development of singlecross hybrids in maize over the open pollinated varieties and composites. It was observed that…the development of high yielding varieties of wheat also advanced its production from ~thousand tonnes in FY’2006 to ~ thousand tonnes in FY’2012. In the rice varieties, improvedPusa Basmati 1 &…, were developed in the recent years to augment productivity.…including DCH 591 and YRCH.1 have also been successfully integrated into the seed chain forenhancement of the area in the last three years.INDIA SEED INDUSTRY FUTURE PROJECTIONS, FY’2014- FY’2018…the future of the Indian seed industry is expected to be favorable on account of impellingdemand due to increased subsidies and…the industry is also grounded by challenges such asdelay in government’s decision to increase MSP (Minimum Support Price) since… The Indian
  28. 28. 28© This is a licensed product of Ken Research and should not be copiedseed industry is projected to grow by ~% over the period FY’2014-FY’2018 and will reach INR~ million in FY’2018 as compared to INR ~ million in FY’2013…The revenue of the seed industry in India is predicted to showcase a positive demand trend inFY’2014, but margin may remain under pressure…. In addition to this, with states such as Biharand Jharkhand witnessing double the rice production in FY’2012, more states are engagingthemselves in promoting the use of such seeds…Figure: India Seed Market Future Projections on the Basis of Revenue in INR Million,FY’2014-FY’20180.050,000.01,00,000.01,50,000.02,00,000.02,50,000.0FY2014 FY2015 FY2016 FY2017 FY2018INRMillion
  29. 29. 29© This is a licensed product of Ken Research and should not be copiedDISCLAIMERThe research reports provided by Ken Research are for the personal information of the authorizedrecipient and is not for public distribution and should not be reproduced or redistributed withoutprior permission. You are permitted to print or download extracts from this material for yourpersonal use only. None of this material may be used for any commercial or public use.The information provided in the research documents is from publicly available data and othersources, which are reliable. Efforts are made to try and ensure accuracy of data. With respect todocuments available, neither the company nor any of its employees makes any warranty, expressor implied, including the warranties of merchantability and fitness for a particular purpose, orassumes any legal liability or responsibility for the accuracy, completeness, or usefulness of anyinformation, apparatus, product, or process disclosed, or represents that its use will not infringeprivately owned rights.The report also includes analysis and views expressed by our research team. The research reportsare purely for information purposes. The opinions expressed are our current opinions as of thedate appearing in the material and may be subject to change from time to time without notice.Investors should not solely rely on the information contained in the research documents and mustmake investment decisions based on their own investment objectives, risk profile and financialposition. The recipients of this material should take their own professional advice before actingon this information.Ken Research will not accept returns of reports once dispatched due to the confidentiality ofinformation provided in our reports. In case, a report qualify for return, we will issue a credit,minus shipping charges, of equal value to the original purchase price, toward a future purchase—no refunds. The decision about whether the product return can be accepted or not is solely at ourdiscretion. Any dispute will be subject to laws of India and exclusive jurisdiction of IndianCourts.No part of this manual or any material appearing may be reproduced, stored in or transmitted onany other Web site without written permission of Ken Research and any payments of a specifiedfee. Requests to republish any material may be sent to us.

×