Agrochemicals Market In India 2024-2028
The agrochemicals market in India is forecasted to grow by USD 12.90 bn during 2023-2028, accelerating at a CAGR of 10.17% during the forecast period. The report on the agrochemicals market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of herbicides, growing demand from India, and technological improvements leading to efficient methods of agriculture.
Technavio's agrochemicals market in India is segmented as below:
By Application
- Grains and cereals
- Pulses and oilseeds
- Fruits and vegetables
By Product
By Type
- Potassic
- Nitrogenous
- Phosphatic
This study identifies the implementation of integrated pest management (ipm) as new method of crop protection as one of the prime reasons driving the agrochemicals market in India growth during the next few years. Also, introduction of biopesticides and increasing number of new product launches will lead to sizable demand in the market.
The report on the agrochemicals market in India covers the following areas:
- Agrochemicals market in India sizing
- Agrochemicals market in India forecast
- Agrochemicals market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agrochemicals market in India vendors that include Bharat Rasayan Ltd., Cargill Inc., Coromandel International Ltd., Crystal Crop Protection Ltd., Deepak Fertilisers and Petrochemicals Corp. Ltd., Dhanuka Agritech Ltd., Gharda Chemicals Ltd., Godrej Agrovet Ltd., Indian Farmers Fertilizer Cooperative Ltd., Indofil Industries Ltd., Meghmani Industries Ltd., Nagarjuna Agrochemicals Pvt. Ltd., Rashtriya Chemicals and Fertilizers Ltd., Sharda Cropchem Ltd., Sumitomo Chemical Co. Ltd., Syngenta Crop Protection AG, The Jhaver Group of Companies, UPL Ltd., Yara International ASA, and BASF SE. Also, the agrochemicals market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.