Market Trends of india rice seed Industry
Various national and state-level schemes promoting rice cultivation and growing demand are driving rice cultivation in India
- India is one of the largest producers and consumers of rice globally, with an overall rice cultivation area of about 46.3 million hectares as of 2022. Indian rice cultivation area accounted for about 32.7% of the Asia-Pacific rice cultivation area in the same year. In India, rice is grown under widely varying altitudes and climate conditions. Rice cultivation in India extends from 8 to 35ºN latitude and from sea level as high as 3000 meters. The khraif season is a major rice-growing season in the country.
- In India, Uttar Pradesh, Odisha, Chattisgarh, Bihar, and Punjab are the top states in terms of total area under rice cultivation. Collectively, these states accounted for about 41.6% of the Indian rice cultivation area in 2022. Moreover, various national and state-level schemes, such as the National Food Security Mission (NFSM), actively promote rice cultivation nationwide. These schemes are anticipated to drive rice cultivation in the country during the forecast period.
- The total rice cultivation area in the country increased by about 5.2% between 2017 and 2022. This is further anticipated to increase by about 10.0% and reach 51.6 million hectares by the end of the forecast period. This increase is mainly attributed to the growing domestic demand and the export potential of rice from India. For instance, India exported 22 million metric tons of rice in 2022, worth about USD 9.6 billion.
- The growing demand for rice in both domestic and international markets and the government schemes promoting rice cultivation are the major factors anticipated to drive rice cultivation in India during the forecast period.
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High demand for rice seeds with improved traits such as disease resistance, wider adaptability to different regions and climatic conditions
- In India, rice is a major crop occupying the largest area for cultivation in the country. Since the Green Revolution, a number of varieties of rice have been introduced in the country. Currently, conventional hybrids are being replaced with hybrids with advanced traits as the crop is affected by biotic stresses and different pests such as Tryporyza incertulas and Gundhi bugs. Therefore, companies are offering hybrid seeds and herbicide-tolerant transgenic seeds to growers to increase productivity and earn high profits. A major biotic constraint to rice diseases can reduce yields by 20-100%, depending on severity. Major diseases such as blast, brown spot, bacterial blight, sheath blight, and tungro viral disease cause significant damage, and new minor diseases such as false smut, grain discoloration, early seedling blight, narrow brown spot, and sheath rot have also emerged as significant problems. Various factors, including growing conditions and varietal susceptibility, can lead to losses of 1-100%.
- Major traits available in rice are disease resistance, wider adaptability to different regions and climatic conditions, tolerance to water lodging conditions, moisture stress, and drought tolerance, producing an effective and high number of tillers with extensive panicles used in cultivation. Disease-tolerant varieties are in huge demand, especially BLB (bacterial leaf blight), to increase yields. Currently, there are no effective chemicals against this pathogen, which causes up to 50% yield losses in field conditions.
- The demand for rice seeds with improved traits is increasing as farmers are turning toward sustainable agriculture. Thus, the market for seeds with improved traits is anticipated to show a positive trend during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Traditional breeding dominates the market due to its ability to produce varieties with preferred characteristics such as taste, aroma, and texture
