India Seed Market Aims for 7.41% CAGR Growth by 2030, Stands at USD 3.91 Billion in 2024
Growth in research and development activities is expected to drive the India Seed Market growth in the forecast period, 2026-2030. According to TechSci Research report, “ India Seed Market - By Region, Competition, Forecast and Opportunities, 2030F ”, the India Seed Market stood at USD 3.91 Billion in 2024 and is anticipated to grow with a CAGR of 7.41% in the forecast period, 2026-2030. Initiatives taken by government based on seed has led to favorable market conditions for the India Seed Market. Several factors contribute to the growth of various seed products. The government, acknowledging the imperative for agricultural modernization, spearheaded the Green Revolution. This pioneering initiative introduced high-yield seed varieties and implemented subsidies on fertilizers and pesticides, with the aim of enhancing agricultural productivity and addressing food scarcity. While the Green Revolution yielded significant success in boosting crop yields, it also prompted environmental c...