India pesticide market size to grow by USD 549.34 million by 2027, Introduction of integrated pest management to be a key trend in the market - Technavio

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- The size of the pesticide market in India is estimated to increase by USD 549.34 million from 2022 to 2027. The market's growth momentum will accelerate at a CAGR of 4.08%. The report includes historic market data from 2017 to 2021. In 2017, the aluminum extrusion market was valued at USD 2,234.98 million. The report also provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Discover more insights on the market before buying the full report - Request a sample report

Pesticide market in India – Vendor analysis
Vendor offerings -

• BASF SE - The company offers pesticides such as Exponus and Vesnit.
• Bayer AG - The company offers pesticides such as Acceleron, Adengo, and Alion.
• CropG1 Agro Research and Development Pvt. Ltd. - The company offers pesticides such as Karanj Oil, Organic Cold Pressed Neem Oil, and Red Palm Weevil.
• Dhanuka Agritech Ltd. - The company offers pesticides such as herbicides, insecticides, and fungicides.
• For details on vendors and their offerings – Buy the report!

Vendor landscape –

The pesticide market in India is fragmented, with the presence of several regional and multinational companies. A few prominent vendors that offer pesticide are 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. and others.

Vendors compete in terms of product quality, reliability, delivery cycle time, and geographical diversification. The increase in demand for agricultural chemicals from developing economies such as India is expected to boost the growth of the pesticide market in India. Advances in technology are also expected to fuel the growth of the market.

Pesticide market in India - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Pesticide market In India - Segmentation assessment

Segment overview
Technavio has segmented the market based on product (herbicides, insecticides, fungicides, and others) and type (synthetic pesticides and biopesticides). 

• The cereals and grains segment will account for a significant share of the market's growth during the forecast period. The consumption of cereals and grains in India has increased, which has fueled the demand for safe cultivation methods. In addition, consumer acceptance and the consumption of protein-rich food have increased over the years owing to better yield, productivity, and quality. These factors will drive the growth of the segment during the forecast period.

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Pesticide market in India – Market dynamics

Leading drivers - The use of herbicides is driving market growth. Herbicides have various applications across different types of crops, including cereals, grains, fruits, vegetables, oilseeds, and pulses. The use of herbicides in agricultural applications has increased owing to the shift in preference for fruits and green vegetables. Vendors are investing significantly in the development environment-friendly herbicides by launching new products. Such product launches will drive the pesticide market growth in India during the forecast period.

Key trends - The introduction of integrated pest management is a key trend in the market. The rising resistance of pests to pesticides and concerns regarding environmental and health impact of pesticides have reduced the use of chemical pesticides. The integrated pest management approach involves the use of specific procedures for the elimination of pests. It is an integration of multiple control methods, including inspection, monitoring, and reporting. These factors are expected to support the growth of the pesticide market in India during the forecast period.

Major challenges - The growing concerns related to health risks are challenging the market growth. Exposure to conventional pesticides can increase the risk related to cardiovascular diseases, leukemia, lymphoma, and prostate cancer. Multiple chemical sensitivity (MCS) is also triggered by exposure to pollutants and certain chemicals present in pesticides. It has symptoms like dizziness, cardiovascular problems, and muscle and joint pains. These factors are expected to have a negative impact on the market growth during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this India pesticide market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the pesticide market in India between 2023 and 2027
• Precise estimation of the size of the pesticide market in India and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of India pesticide market vendors

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Related Reports:

The organic pesticides market size is expected to increase by USD 4.48 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.02%. This report extensively covers segmentation by crop type (arable and permanent) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

The agricultural pesticides market is estimated to grow at a CAGR of 4.49% between 2022 and 2027. The size of the market is forecasted to increase by USD 25,123.05 million. This report extensively covers market segmentation by type (herbicides, insecticides, fungicides and bactericides, and others), product (synthetic pesticides and biopesticides), and geography (APAC, South America, Europe, North America, and Middle East and Africa).

Pesticide Market In India Scope

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Crop Type
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 08: Parent market
• Exhibit 09: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 10: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 11: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 12: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 13: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 14: Chart on India: Year-over-year growth 2022-2027 (%)
• Exhibit 15: Data Table on India: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Pesticide market in India 2017 - 2021 
• Exhibit 16: Historic Market Size – Data Table on Pesticide market in India 2017 - 2021 ($ million)

• 4.2 Crop type Segment Analysis 2017 - 2021 
• Exhibit 17: Historic Market Size – Crop type Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 18: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 20: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 23: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 24: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 25: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 26: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Crop Type

• 6.1 Market segments 
• Exhibit 27: Chart on Crop Type - Market share 2022-2027 (%)
• Exhibit 28: Data Table on Crop Type - Market share 2022-2027 (%)

• 6.2 Comparison by Crop Type 
• Exhibit 29: Chart on Comparison by Crop Type
• Exhibit 30: Data Table on Comparison by Crop Type

• 6.3 Cereals and grains - Market size and forecast 2022-2027
• Exhibit 31: Chart on Cereals and grains - Market size and forecast 2022-2027 ($ million)
• Exhibit 32: Data Table on Cereals and grains - Market size and forecast 2022-2027 ($ million)
• Exhibit 33: Chart on Cereals and grains - Year-over-year growth 2022-2027 (%)
• Exhibit 34: Data Table on Cereals and grains - Year-over-year growth 2022-2027 (%)

• 6.4 Vegetables and fruits - Market size and forecast 2022-2027 
• Exhibit 35: Chart on Vegetables and fruits - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Data Table on Vegetables and fruits - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Chart on Vegetables and fruits - Year-over-year growth 2022-2027 (%)
• Exhibit 38: Data Table on Vegetables and fruits - Year-over-year growth 2022-2027 (%)

• 6.5 Oilseeds and pulses - Market size and forecast 2022-2027
• Exhibit 39: Chart on Oilseeds and pulses - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Data Table on Oilseeds and pulses - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Chart on Oilseeds and pulses - Year-over-year growth 2022-2027 (%)
• Exhibit 42: Data Table on Oilseeds and pulses - Year-over-year growth 2022-2027 (%)

• 6.6 Commercial crops - Market size and forecast 2022-2027
• Exhibit 43: Chart on Commercial crops - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Data Table on Commercial crops - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Chart on Commercial crops - Year-over-year growth 2022-2027 (%)
• Exhibit 46: Data Table on Commercial crops - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 47: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Crop Type 
• Exhibit 51: Market opportunity by Crop Type ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 52: Chart on Product - Market share 2022-2027 (%)
• Exhibit 53: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 54: Chart on Comparison by Product
• Exhibit 55: Data Table on Comparison by Product

• 7.3 Herbicides - Market size and forecast 2022-2027
• Exhibit 56: Chart on Herbicides - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Herbicides - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Herbicides - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Herbicides - Year-over-year growth 2022-2027 (%)

• 7.4 Insecticides - Market size and forecast 2022-2027
• Exhibit 60: Chart on Insecticides - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Insecticides - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Insecticides - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Insecticides - Year-over-year growth 2022-2027 (%)

• 7.5 Fungicides - Market size and forecast 2022-2027
• Exhibit 64: Chart on Fungicides - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Fungicides - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Fungicides - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Fungicides - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Product 
• Exhibit 72: Market opportunity by Product ($ million)

8 Market Segmentation by Type

• 8.1 Market segments 
• Exhibit 73: Chart on Type - Market share 2022-2027 (%)
• Exhibit 74: Data Table on Type - Market share 2022-2027 (%)

• 8.2 Comparison by Type 
• Exhibit 75: Chart on Comparison by Type
• Exhibit 76: Data Table on Comparison by Type

• 8.3 Synthetic pesticides - Market size and forecast 2022-2027
• Exhibit 77: Chart on Synthetic pesticides - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Synthetic pesticides - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Synthetic pesticides - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Synthetic pesticides - Year-over-year growth 2022-2027 (%)

• 8.4 Biopesticides - Market size and forecast 2022-2027
• Exhibit 81: Chart on Biopesticides - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Biopesticides - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Biopesticides - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Biopesticides - Year-over-year growth 2022-2027 (%)

• 8.5 Market opportunity by Type 
• Exhibit 85: Market opportunity by Type ($ million)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 86: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 90: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 91: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 12.3 BASF SE 
• Exhibit 93: BASF SE - Overview
• Exhibit 94: BASF SE - Business segments
• Exhibit 95: BASF SE - Key news
• Exhibit 96: BASF SE - Key offerings
• Exhibit 97: BASF SE - Segment focus

• 12.4 Bayer AG 
• Exhibit 98: Bayer AG - Overview
• Exhibit 99: Bayer AG - Business segments
• Exhibit 100: Bayer AG - Key news
• Exhibit 101: Bayer AG - Key offerings
• Exhibit 102: Bayer AG - Segment focus

• 12.5 Bharat Group 
• Exhibit 103: Bharat Group - Overview
• Exhibit 104: Bharat Group - Product / Service
• Exhibit 105: Bharat Group - Key offerings

• 12.6 CropG1 Agro Research and Development Pvt. Ltd.
• Exhibit 106: CropG1 Agro Research and Development Pvt. Ltd. - Overview
• Exhibit 107: CropG1 Agro Research and Development Pvt. Ltd. - Product / Service
• Exhibit 108: CropG1 Agro Research and Development Pvt. Ltd. - Key offerings

• 12.7 Dhanuka Agritech Ltd. 
• Exhibit 109: Dhanuka Agritech Ltd. - Overview
• Exhibit 110: Dhanuka Agritech Ltd. - Business segments
• Exhibit 111: Dhanuka Agritech Ltd. - Key offerings
• Exhibit 112: Dhanuka Agritech Ltd. - Segment focus

• 12.8 Forward International Ltd. 
• Exhibit 113: Forward International Ltd. - Overview
• Exhibit 114: Forward International Ltd. - Product / Service
• Exhibit 115: Forward International Ltd. - Key offerings

• 12.9 India Pesticides Ltd. 
• Exhibit 116: India Pesticides Ltd. - Overview
• Exhibit 117: India Pesticides Ltd. - Product / Service
• Exhibit 118: India Pesticides Ltd. - Key offerings

• 12.10 Insecticides India Ltd. 
• Exhibit 119: Insecticides India Ltd. - Overview
• Exhibit 120: Insecticides India Ltd. - Product / Service
• Exhibit 121: Insecticides India Ltd. - Key offerings

• 12.11 Meghmani Industries Ltd. 
• Exhibit 122: Meghmani Industries Ltd. - Overview
• Exhibit 123: Meghmani Industries Ltd. - Product / Service
• Exhibit 124: Meghmani Industries Ltd. - Key offerings

• 12.12 Netsurf Communication Pvt. Ltd. 
• Exhibit 125: Netsurf Communication Pvt. Ltd. - Overview
• Exhibit 126: Netsurf Communication Pvt. Ltd. - Product / Service
• Exhibit 127: Netsurf Communication Pvt. Ltd. - Key offerings

• 12.13 Rallis India Ltd. 
• Exhibit 128: Rallis India Ltd. - Overview
• Exhibit 129: Rallis India Ltd. - Product / Service
• Exhibit 130: Rallis India Ltd. - Key offerings

• 12.14 Sarvava Agritek Pvt. Ltd. 
• Exhibit 131: Sarvava Agritek Pvt. Ltd. - Overview
• Exhibit 132: Sarvava Agritek Pvt. Ltd. - Product / Service
• Exhibit 133: Sarvava Agritek Pvt. Ltd. - Key offerings

• 12.15 Shree Pesticides Pvt. Ltd. 
• Exhibit 134: Shree Pesticides Pvt. Ltd. - Overview
• Exhibit 135: Shree Pesticides Pvt. Ltd. - Product / Service
• Exhibit 136: Shree Pesticides Pvt. Ltd. - Key offerings

• 12.16 Sumitomo Chemical Co. Ltd. 
• Exhibit 137: Sumitomo Chemical Co. Ltd. - Overview
• Exhibit 138: Sumitomo Chemical Co. Ltd. - Business segments
• Exhibit 139: Sumitomo Chemical Co. Ltd. - Key offerings
• Exhibit 140: Sumitomo Chemical Co. Ltd. - Segment focus

• 12.17 UPL Ltd. 
• Exhibit 141: UPL Ltd. - Overview
• Exhibit 142: UPL Ltd. - Business segments
• Exhibit 143: UPL Ltd. - Key news
• Exhibit 144: UPL Ltd. - Key offerings
• Exhibit 145: UPL Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 146: Inclusions checklist
• Exhibit 147: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 148: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 149: Research methodology
• Exhibit 150: Validation techniques employed for market sizing
• Exhibit 151: Information sources

• 13.5 List of abbreviations 
• Exhibit 152: List of abbreviations

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