Rising food grain requirements is boosting the agrochemical market in India

Netscribes (India) Pvt. Ltd., launches a report on the Agrochemicals Market in India 2011 as part of Netscribes’ Agriculture Industry report series.

Mumbai, India – January 3, 2011 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its Agrochemicals Market in India 2011 report. Increasing food grain requirements and pest pressure in farmlands is boosting the overall production capacities in this market thereby providing lucrative opportunities for players. The sector is dominated by multinationals in India with their large production capacities and large number of product registrations. Indian manufacturers are generally formulation producers and generic product producers. The market is regulated by government with focus on the ban of use of unhealthy pesticides in India. Growing awareness among farmers will lead to healthy and efficient use of agrochemicals to boost the overall production and consumption capabilities in the country leading to growth in the food grain production.

The report begins with an introduction to the agrochemicals market indicating the types of agrochemicals used in India as well as a brief description. It provides an indication of the kinds of pesticide producers in the market. The market overview section provides details about the production levels of pesticides in India. The market size of the agrochemical industry has been highlighted stating the usage of the various types in India. It also includes state-wise consumption of pesticides in India. The import and export market of pesticides has been described stating the requisite figures for the same.

An analysis of the drivers explain the factors for growth of the industry including increasing food grain production, lack of sufficient usage of pesticides, patent expiry of molecules providing opportunity and government support. The key challenges include the flaws in the registration process, emerging threat from Biotech seeds and health issues with use of banned pesticides. The major government bodies regulating this sector have been described with their key roles, activities and functions. Major Acts launched by the government have been included. It also includes the registration procedure for import, manufacture and sale of any pesticide in India.

The competition section provides an overview of the competitive landscape in the industry and includes a detailed profile of the major players in the market including their financials. The key developments in the sector over the past year have been highlighted.

About Netscribes (India) Pvt. Ltd.

Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base.

Gagan Uppal
Podar Center, 85 Parel Post Office Lane
Off Dr. Ambedkar Road, Parel (East)
Mumbai 400 012
Maharashtra, India.
Ph: +91 22 4098 7530
gagan.uppal@netscribes.com

This release was published on openPR.