Sericulture market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
Sericulture market worth INR 205 Billion in 2022. The market is further projected to reach INR 553 Billion by 2028, at a CAGR of around 18% during 2022-2028.Production of life and death by rearing silkworms , larvae (larvae) , especially those of domesticated silkworms (Bombyx Mori).Silkworm farming, or silk farming, is the cultivation of silkworms that produce silk. There are several commercial species of silkworms, but Bombyx Mori (larvae of domestic silk) is the most widely used and intensively studied silkworm. Silk was believed to have been first produced in China in the early Neolithic period. Quantum has become an important cottage industry in countries such as Brazil, China, France, India, Italy, Japan, Korea and Russia. Today, China and India are the two main producers, accounting for more than 60% of the world’s annual output.
Key Players
- Wujiang First Textile
- Wujiang Wanshiyi Silk
- Zhejiang Jiaxin Silk
- Sichuan Nanchong Liuhe
- Shengkun Silk
- Jiangsu Sutong Cocoon and Silk
- Jinchengjiang Xinxing Cocoon Silk
- Wensli Group
- China Silk
- Entogenetics
By Type
- Mulberry Silk
- Vanya Silk
- Eri Silk
By Application
- Textile
- Cosmetics and Medical
Scope of the Report
The research study analyzes the global Sericulture market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Sericulture market Report
- What was the Sericulture market size in 2020 and 2021 ; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Sericulture market during the forecast period (2022-2028) ?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Sericulture market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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