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Indian Agriculture Sector: Tremendous Scope for Entrepreneur

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Agriculture represents an important segment of the Indian economy both in terms of contribution to the gross domestic product as well as a source of employment to millions of people across the country. This study provide deeper understanding of Indian agriculture industry and its major market segments/sub-segments. Read full report on Indian agriculture sector: http://www.imarcgroup.com/agriculture-industry-in-india

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Indian Agriculture Sector: Tremendous Scope for Entrepreneur

  1. 1. Agriculture Industry India: Agriculture Industry Report Imarc www.imarcgroup.com
  2. 2. Agriculture is the world's largest industry and most significant part of Indian economy. Now Agriculture Industry is seeking to improve by adopting new technologies which aims to improve the efficiency of various agricultural based operations. IMARC latest study entitled" Agriculture Industry in India: Market Segments, Key Drivers, Challenges, Market Trends and Regulations" provides comprehensive analysis of every major agriculture segments in India. The purpose of this study is to examine the Indian agriculture market, segments/sub-segments, future potential, growth rate, area of opportunity, challenges, etc. The study, which is based both on desk research and four waves of qualitative primary research, has delved deeply into the agriculture industry in India. It includes market trends, market segments, drivers and challenges, opportunities, various sub-sectors, regulations and the marketing requirements of various other agriculture segments such as farming, fertilizers, pesticides, floriculture, apiculture, sericulture, seeds, animal husbandry, etc. The following is the list of the segments evaluated by the report: Agriculture Industry in India
  3. 3. Floriculture Floriculture also known as flower farming refers to the cultivation of flowering and ornamental plants. Floriculture is taking strong roots in India, which is emerging as a reliable floriculture supplier to the world. The new seed policy had already made it feasible to import planting material of international varieties. Increasing in Demand for cut and loose flowers has made floriculture as one of the important trade sector in Indian agriculture industry.
  4. 4. Fertilizers Fertilizers are the substance required to promote and enhance productivity of plants. All the fertilizers have been categorized into various types depending on their strength, constituents and various other factors. The importance of fertilizer in agriculture industry has increased substantially from previous years. Promotion of fertilizers through radio, TV and customized rural workshops are expected to increase the consumption of fertilizers in the coming years.
  5. 5. Cold Chains As Indian economy is based on agriculture, The development of cold chain infrastructure will plays a important role in reducing the wastages and looses, increasing the farmer income, creating employment opportunities for the people, and improving the livelihood of the farmers which leads to developing the economy of India and helping in emerging as a global leader in the food sector. Despite a strong growth in cold chain establishments, India’s cold chain infrastructure significantly lags behind the other developed countries.
  6. 6. Warehousing Agriculture Warehousing is an important function, which involves holding and preserving goods from the time they are produced until they are needed for consumption. These are warehouses in which temperature is maintained as per requirements for commodities such as vegetables, fruits, fish, eggs and meat. Agricultural warehousing is currently represents a smaller segment as compared to industrial warehousing. This segment is expected to grow at a CAGR of around 10% in coming five years.
  7. 7. Agriculture Equipment India has witnessed a strong growth in agriculture yields. Agricultural equipment contains various types of machinery and tools, which help in farming processes in order to improve the production and to increase the overall quality of crops. This has contributed to the growth of the agriculture equipments industry in the country. The major factors that contributed to the growth of the agriculture equipment industry are easy availability of credit, government incentives, increasing agricultural productivity, emergence of contract farming, improving rural incomes, etc.
  8. 8. Sericulture Sericulture, or silk farming, is refers to the art of rearing silkworms for the production of silk. Today, India is the second largest producer of raw silk and the largest consumer of raw silk and silk fabrics. The Indian Silk industry has shown significant growth both internationally and domestically fuelled by new innovations in the industry. On the other hand, it provides livelihood opportunity for millions owing to high employment oriented, low capital intensive and remunerative nature of its production.
  9. 9. Pesticides The pesticides plays a crucial role in protecting agriculture crops from damage by weeds, pests, insects and fungus, both before and after harvest. This helps to increase crop yields, which is important given the rate at which cultivable land is shrinking. With the demand of agricultural products expected to continue increasing in the coming years, we expect a number of initiatives to increase the average crop yields per hectare.
  10. 10. Seeds India is one of the largest producers and consumer of seeds in the world. Seed is the basic unit for cultivation of crops. Innovations of new technology have improved the quality of seeds and provided a various variety with desired characteristics and suited to specific geographies and condition. The growth of the Indian seed industry has occurred parallel to the growth of the agricultural industry. This development is necessary for ensuring the best-quality crop production and meeting the growing demand for food.
  11. 11. Dairy India was declared the world’s largest producer of milk in 1999. The demand for milk and dairy products is becoming increasingly insatiable. Increasing trends of health and wellness due to consumption of non-vegetarian foods has prompted consumers to go for vegetarian foods and dairy products. Dairy products include a very wide range of products such as cheese, yoghurt, butter, buttermilk, ice cream, lactose free milk, cream and frozen desserts among others.
  12. 12. Farming The farming sector constitutes of plantation crops, cereals, vegetables, fruits, pulses and spices. It currently constitutes the biggest segment of the Indian agriculture industry. Today, India ranks second worldwide in farm output. The farming systems that significantly contribute to the domestic GDP of India are subsistence farming, organic farming, and industrial farming.
  13. 13. Browse Related Reports Indian Floriculture Market Report & Forecast: 2012-2017 - http://www.imarcgroup.com/flower-floriculture- industry-india Indian Agricultural Equipments Market Report & Forecast: 2012-2017 - http://www.imarcgroup.com/farm- agricultural-equipments-industry-india Indian Seeds Market Report & Forecast: 2012-2017 - http://www.imarcgroup.com/seed-industry-in-india Biofertilizer (Azotobacter and Rhizobium) Manufacturing Plant Project Report - Industry Trends, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue - http://www.imarcgroup.com/biofertilizer-azotobacter- and-rhizobium-manufacturing-plant Indian Agrochemicals Market Report & Forecast: 2012-2017 - http://www.imarcgroup.com/fertilizer-pesticide- agrochemical-industry-india
  14. 14. Copyrights © 2015 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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