India Biopesticides Market

India Biopesticides Market Size, Share, Growth Analysis, By Type(Bioinsecticides, Biofungicides), By Source(Microbial, Biochemical), By Mode of Application(Foliar Application, Seed Treatment), By Crop Type(Cereals, Oilseeds) - Industry Forecast 2024-2031


Report ID: UCMIG15C2015 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

India Biopesticides Market Insights

Market Overview:

The size of the India biopesticides market was USD 64.73 million in 2021 and is expected to grow significantly during the forecast period. The market is projected to exhibit a CAGR of 9.38%, with an estimated increase from USD 69.62 million in 2022 to USD 130.37 million by 2029. However, the COVID-19 pandemic has caused a decline in the demand for biopesticides in India as compared to pre-pandemic levels. According to analysis, the market witnessed a decline of 5.10% in 2020 compared to 2019.

India Biopesticides Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Fertilizers & Agricultural Chemicals by segment aggregation, the contribution of the Fertilizers & Agricultural Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for India Biopesticides was estimated to be valued at US$ XX Mn in 2021.

The India Biopesticides Market is estimated to grow at a CAGR of XX% by 2028.

The India Biopesticides Market is segmented on the basis of Type, Source, Mode of Application, Crop Type.

Based on region, the India Biopesticides Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the India Biopesticides Market are T. Stanes & Company Limited (Coimbatore), Coromandel International (Hyderabad), Tagros Chemicals India Ltd. (Chennai), Ajay Bio-tech (India) Ltd. (Pune), Som Phytopharma (India) Limited (Hyderabad), International Panaacea Limited (Gurgaon), Biotech International Limited (Delhi), Sumitomo International Co. Ltd. (Delhi).

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India Biopesticides Market

Product ID: UCMIG15C2015

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