Indian CRISPR in agriculture market is expected to grow at a significant CAGR of 22.5% during the forecast period. India has the huge population, and some limitations in terms of availability of human resources, land and water for sustained agriculture for long-term security. Therefore, to overcome these limitations, the availability of such advanced and innovative technologies is necessary as they assist in achieving a productive and sustainable agriculture system. Thus, India has one of the promising markets for the growths of CRISPR in the agriculture market.

Further, the growth of the market in the region is also attributed to the rising investments in biotechnology. According to the National Investment Promotion and Facilitation Agency, India is among the top 3rd largest biotech destination in the Asia-Pacific and shares approximately 3% share in the global biotechnology industry. India is amongst those countries that have the highest numbers of the US FDA approved manufacturing plants and is home to approximately 523 USFDA approved drug-manufacturing facilities. Also, according to National Investment Promotion and Facilitation Agency, the Indian biotechnology industry accounts for $51 billion in 2018, in which the bio-agriculture sector holds 22% share and is expected to increase in the near future, which in turn directly affects the CRISPR in agriculture market in the country. Thus, India is one of the leading destinations for contract research, clinical trials, and manufacturing activities that leads to an increase the CRISPR in the agriculture market.

Moreover, several initiatives by the key players as well as government concerning the growth of the country are also attributed to the growth of the market, as agriculture employed more than 50% of the Indian population and contributes approximately 17-18% to the nation's GDP as of 2018. For instance, in August 2015, Tano India Pvt. Mauritius invested $7.4 million in Windlas Biotech Ltd. and in July 2016, Helix investment Holdings Pte. Ltd. Singapore invested $12 million in Concord Biotech Ltd. Thus, such heavy investments lead to the rise in the biotechnology industry in the country, which in turn positively affects the CRISPR in the agriculture market.

Research Methodology

The market study of the India CRISPR in Agriculture market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1.  India CRISPR in Agriculture Market Research and Analysis by End-users
2.  India CRISPR in Agriculture Market Research and Analysis by Target Type 

The Report Covers

• Comprehensive research methodology of the India CRISPR in Agriculture market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the India CRISPR in Agriculture market.
• Insights about market determinants which are stimulating the India CRISPR in Agriculture market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.