India has come a long way since its adoption of Bt cotton in 2002. It is ranked fourth in the world among Bt crops growing countries, in terms of hectares. With a number of other Bt crops under research, the country is heading for a bigger share of the pie in the next few years.
Biotech maize, most planted crop
In 2008, 17, or two-thirds of the 25-biotech countries planted biotech maize (same as in 2007), 10 countries planted biotech soybean (up from nine), 10 countries planted biotech cotton (up from nine) and three countries planted biotech canola (up from two in 2007). In addition, two countries the US and China grew virus resistant papaya, two countries Australia and Colombia grew biotech carnation, a small hectarage of Bt poplar grown in China, and Bt squash and alfalfa in the US.
About 13.3 million farmers benefit from Bt crops worldwide
Of the global total of 13.3 million beneficiary biotech farmers in 2008, (up from 12 million in 2007), remarkably over 90 percent or 12.3 million (up from 11 million in 2007) were small and resource-poor farmers from developing countries; the balance of one million were large farmers from both industrial countries such as the US and Canada and developing countries such as Argentina and Brazil. Of the 12.3 million, most were Bt cotton farmers with the highest, 7.1 million in China followed by 5.0 million in India. The largest increase in the number of beneficiary farmers in 2008 was in India where an additional 1.2 million more small farmers planted Bt cotton which now occupies 82 percent of total cotton cultivation, up from 66 percent in 2007.
Biotech crops have improved the income and quality of life of poor farmers
In 2008, five million small farmers, (up from 3.8 million farmers in 2007) in India benefited from planting 7.6 million hectares of Bt cotton. Benefits will vary according to varying pest infestation levels in different years and locations. A conservative estimate for small farmers indicates that yields increased by 31 percent, insecticide decreased by 39 percent, and profitability increased by 88 percent equivalent to $250 per hectare. About 7.1 million small and resource-poor farmers benefited from Bt cotton in China in 2008, based on studies conducted by the Center for Chinese Agricultural Policy (CCAP), it was concluded that, on an average, small farmers adopting Bt cotton increased yield by 9.6 percent, reduced insecticide use by 60 percent, with positive implications for both the environment and the farmers’ health, and generated a substantial $220 per hectare increase in income.
The global value of biotech crop market was at $7.5 billion in 2008
In 2008, the global market value of biotech crops, estimated by Cropnosis, was $7.5 billion, (up from $6.9 billion in 2007) representing 14 percent of the $52.72 billion global crop protection market in 2008, and 22 percent of the approximately $34 billion global commercial seed market in 2009. The value of the global biotech crop market is based on the sale price of biotech seed plus any technology fees that apply. The global value of the biotech crop market is projected at
approximately $8.3 billion in 2009.
N.B. Extracted from Biospectrum india