Pesticide Market in India 2023-2027
Technavio has been monitoring the pesticide market in India and is forecast to grow by $549.34 mn during 2022-2027, accelerating at a CAGR of 4.08% during the forecast period. Our report on the pesticide 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 the increased use of herbicides, the rise in demand in India, and shrinking arable land.
Technavio's pesticide market in India is segmented as below:
By Crop Type
- Cereals and grains
- Vegetables and fruits
- Oilseeds and pulses
- Commercial crops
- Others
By Product
- Herbicides
- Insecticides
- Fungicides
- Others
By Type
- Synthetic pesticides
- Biopesticides
This study identifies the expanding applications of nano-insecticides as one of the prime reasons driving the pesticide market growth during the next few years. Also, rising popularity of biopesticides and introduction of integrated pest management will lead to sizable demand in the market.
Technavio 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. Our report on the pesticide market in India covers the following areas:
- Pesticide market sizing
- Pesticide market forecast
- Pesticide market industry analysis
Technavio's 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 pesticide market vendors that include Aimco Pesticides Ltd., BASF SE, Bayer AG, Bharat Group, CropG1 Agro Research and Development Pvt. Ltd., Dhanuka Agritech Ltd., Forward International Ltd., India Pesticides Ltd., Insecticides India Ltd., Meghmani Industries Ltd., NACL Industries Ltd., Netsurf Communication Pvt. Ltd., Rallis India Ltd., Sarvava Agritek Pvt. Ltd., Shree Pesticides Pvt. Ltd., Sumitomo Chemical Co. Ltd., Super Bio Tech Marketing Co., UPL Ltd., Volkschem Crop Science Pvt. Ltd., and Wellcrop Biotech Pvt. Ltd. Also, the pesticide 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.
Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.