Press release
Indian Bio Agriculture Market News, Price, Size, Report and Forecast by 2019-2024
The latest report by IMARC Group, titled “Indian Bio Agriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the Indian bio agriculture market size reached INR 49,881 Million in 2018. Bio-agriculture refers to organic or biodynamic farming practices without the use of synthetic fertilizers or agricultural chemicals. It utilizes advanced technologies to maximize the activity of soil microbes through the provision of proper soil nutrition and structure. Bio agriculture integrates conventional and organic farming methods to achieve a balance between the physical, chemical and biological facets of the soil aided by improved organic carbon content. At present, India has one of the highest numbers of organic farmers in the world, according to the World Organic Agriculture 2018. Biological farming is widely practiced by farmers in India as it involves technologies and methods of agriculture that do not interfere with natural systems and do not cause harm to the environment.Request Free Sample Report: https://www.imarcgroup.com/indian-bio-agriculture-industry/requestsample
Indian Bio Agriculture Market Trends:
In recent years, the excess use of fertilizers and artificial growth regulators has led to increased soil pollution and raised the levels of chemicals in the food chain. Consequently, there has been a significant shift toward bio agriculture practices in India. These bio agriculture activities include sustainable farming practices such as the use of biological replacements for fertilizers and pesticides that increase crop yield. Besides this, with the growing health-consciousness, people across the region are now more inclined toward the consumption and usage of organic products. Along with this, the rising environmental concerns have also encouraged farmers to adopt bio agriculture as it is a chemical-free method of farming that ensures optimum utilization of natural resources and helps in conserving them for future generations. Moreover, the government is promoting bio agriculture by introducing various schemes and programs under the National Mission for Sustainable Agriculture (NMSA)/Paramapragat Krishi Vikas Yojana (PKVY), Rashtriya Krishi Vikas Yojana (RKVY), Mission for Integrated Development of Horticulture (MIDH), National Mission on Oilseeds & Oil Palm (NMOOP), Network Project on Organic Farming of ICAR. Looking forward, the market value is projected to reach INR 63,924 Million by 2024, growing at a CAGR of 4.2% during 2019-2024.
Market Summary:
Based on the segment, the market has been segregated into transgenic crops, biofertilizers and biopesticides.
Region-wise, the market has been classified into North India, South India, East India and West India.
The competitive landscape of the market has also been examined in the report, along with the profiles of the key players operating in the industry.
Ask Analyst and Download Full Report with List of Figure: https://www.imarcgroup.com/indian-bio-agriculture-industry
Other Related Report by IMARC Group
Galley Equipment Market: https://www.imarcgroup.com/galley-equipment-market
Online Food Delivery Packaging Market: https://www.imarcgroup.com/online-food-delivery-packaging-market
Pepperoni Market: https://www.imarcgroup.com/pepperoni-market
Contact Us
IMARC Group
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Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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