Though India is currently the world’s second largest producer and the largest consumer of raw silk and silk fabrics, the demand of silk is significantly outpacing its supply.
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Indian Sericulture Market to Grow at a CAGR of 20% During 2011-12 - 2017-18
1. Indian Sericulture Market to Grow at a CAGR of 20% During 2011-12 -
2017-18
Though India is currently the world’s second largest producer and the largest consumer of raw
silk and silk fabrics, the demand of silk is significantly outpacing its supply.
Sericulture, which refers to the art of rearing silkworms for the production of silk is currently
experiencing strong growth in India. The market for silk in India is driven by both exports and a
very strong domestic demand. Fabrics made up of silk are quite popular in the domestic market
during ceremonies, religious rituals, weddings, festivals, etc. Research firm IMARC Group
expects the total sales value in this market to grow at a CAGR of around 20% during 2011-12 -
2017-18, according to its latest report titled “Indian Agriculture Market Report & Forecast:
(2012-2017)”. The report which has done a comprehensive analysis on the current and future
trends of the Indian sericulture market, expects the domestic demand as well as exports to
show strong growth in the coming years. According to an analyst at IMARC Group, “Though
India is currently the world’s second largest producer and the largest consumer of raw silk and
silk fabrics, the demand of silk is significantly outpacing its supply. This is creating huge
opportunities for setting up silk manufacturing facilities in the country”.
According to the report, India is the only country that commercially produces all the four types of
silk - mulberry silk, tasar silk, eri silk and muga silk. Mulberry silk represents the most popular
category of silk produced in India, while Muga silk currently represents the most expensive
category of silk. Findings from the report also suggest that the sericulture industry in India is
entrenched in Karnataka, Andhra Pradesh, Maharashtra, Orissa, Madhya Pradesh, Manipur,
Uttarakhand, Tamil Nadu, West Bengal, Jammu & Kashmir, Bihar, Jharkhand, Meghalaya,
Arunachal Pradesh, etc. Among these, Karnataka tops in the list followed by Andhra Pradesh,
West Bengal and Tamil Nadu.
IMARC’s new report entitled “Indian Agriculture Market Report & Forecast: 2012-2017”
provides an analytical and statistical insight into the agriculture industry along with its various
segments and sub-segments. The study that has been undertaken using both desk-based and
qualitative primary research has analyzed various aspects and provides a comprehensive
understanding of the Indian agriculture market. The report can serve as an excellent guide for
investors, researchers, consultants, marketing strategists, and all those who are looking to foray
into the Indian agriculture market in some form or the other.
2. What We Have Achieved in this Report?
Comprehensive situation analysis of the Indian agriculture market and its dynamics.
Identifying all application segments/sub-segments and quantifying their current and future
market potential.
Providing robust long range value and volume forecasts for all segments and sub-segments.
Providing an understanding of key drivers and restraints and their impact on current and
future market scenario.
Agricultural Segments Covered in this Report
Farming
Agriculture Equipments
Fertilizers
Pesticides
Warehousing
Cold Chains
Food Processing
Dairy Farming
Floriculture
Apiculture
Sericulture
Seeds
Fisheries
Poultry
Animal Husbandry
Focus of the Analysis for Each Segment and Sub-Segment
Drivers and Challenges
Historical, Current and Future Market Values
Historical, Current and Future Market Volumes
Analysis of Various Sub-Segments
Areas of Opportunity
Competitive Landscape
Information Sources
Information has been gleaned from both primary and secondary sources:
3. Primary sources include industry surveys and face to face/telephone interviews with industry
experts.
Secondary sources include proprietary databases and search engines. These sources
include company websites and reports, books, trade journals, magazines, white papers,
industry portals, government sources and access to more than 4000 paid databases.
To buy the complete report or to get a free sample, please contact:
IMARC Group Asia
Email: apac@imarcgroup.com
Phone: +91-120-415-5099
IMARC Group North America
Email: america@imarcgroup.com
Phone: +1-631-791-1145
IMARC Group Europe, Middle East & Africa
Email:ema@imarcgroup.com
Phone: +44-702-409-7331
To know more please visit: http://www.imarcgroup.com/indian-agriculture-market-report-
forecast-2012-2017-3/