Indian Bio Agriculture Market Size Expected To Reach INR 97,147 Million By 2028

According to the latest report by IMARC Group, titled, "Indian Bio Agriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The Indian bio agriculture market size reached INR 62,249 Million in 2022. Looking forward, IMARC Group expects the market to reach INR 97,147 Million by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Industry Definition and Application:

Bio agriculture refers to farming practices that employ organic and biodynamic methods to produce high-quality and nutritious crops. It excludes synthetic inputs such as fertilizers, pesticides, preservatives, genetically modified seeds and breeds, additives, and irradiation. It relies on aerobic compost, liquid inoculums, bio-fertilizers, and organic additives to enhance soil quality, increase soil fertility, and prevent pests and diseases. Since it is sustainable and can produce crops that are both nutritious and high-yielding while requiring fewer resources, bio-agriculture is gaining immense traction across India.

Indian Bio Agriculture Market Trends and Drivers:

The Indian bio agriculture market is primarily driven by rising awareness about the benefits of using bio-fertilizers, biofuels, and bio-pesticides. Moreover, the increasing preference for sustainable farming methods, such as bio-agriculture, that lower the use of non-renewable energy while reducing global warming is positively influencing the market growth. Additionally, the surging demand for food due to the rising population in the country is propelling market growth. Furthermore, the surging adoption of bio-agriculture as a safer alternative owing to the increasing awareness about potential health risks resulting from the use of toxic substances, is contributing to the market growth. Other factors, including the shifting inclination of farmers toward bio-agriculture, rising demand for organic food products, and increasing health consciousness among people, are also anticipated to drive the market further.

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Report Segmentation:

The report has segmented the market into the following categories:

Based on the segment:

Transgenic crops
Biofertilizers
Biopesticides

Bases on region:

North India
South India
East India
West India.

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Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023 - 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Reports By IMARC Group:

Greenhouse Horticulture Market: https://www.imarcgroup.com/greenhouse-horticulture-market

Agricultural Films Market: https://www.imarcgroup.com/agricultural-films-market

Fertilizer Market: https://www.imarcgroup.com/fertilizer-market

Japan Biofertilizer Market: https://www.imarcgroup.com/japan-biofertilizer-market

Europe Biofertilizer Market: https://www.imarcgroup.com/europe-biofertilizer-market

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