Press release
India Agrochemical Market to Reach USD 36.84 Mn by 2029, emerging at a CAGR of 4.2 percent and forecast 2023-2029
India Agrochemical Market Report Scope:Our latest report delves into the dynamic world of agrochemicals, encompassing pesticides, herbicides, and fertilizers, crucial for ecosystem management in India's agricultural sector. With a rising population and increased affluence, India is witnessing a transformative shift in consumption patterns. Meeting not only the growing demand for agricultural production but also ensuring the nutritional requirements of an increasingly affluent populace is paramount. However, challenges such as shrinking arable land and crop losses due to pest attacks pose a significant threat to food and nutritional security. The agrochemical market emerges as a vital agricultural support industry, augmenting agricultural output to address these challenges. Factors like these are fostering the market's growth.
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India Agrochemical Market Research Methodology:
To provide an in-depth understanding of the Agrochemical Market in India, our research approach involved both primary and secondary data sources, ensuring comprehensive scrutiny and validation of all factors influencing the market. Market segmentation was achieved based on product type, including insecticides, herbicides, fungicides, and bio-pesticides. Furthermore, the emergence of innovative and eco-friendly production methods, alongside price premiums, is steadily reshaping the agrochemical market. Striking a balance between the prudent utilization of top-quality chemicals and minimizing their environmental impact is becoming increasingly essential. The Indian government's recognition of the agrochemical industry as one of the top 12 sectors to achieve global leadership, targeting a growth rate of 8-10% through 2025, underscores the sector's growth prospects during the forecast period.
What are India Agrochemical Market Dynamics:
industry. Fruits and vegetables account for over 90% of total horticulture production in India, positioning it as the world's second largest producer of fruits and vegetables. India also leads in numerous horticulture crops such as mango, banana, papaya, areca nut, potato, and okra. As the horticulture and floriculture industries expand, so will the demand for agrochemicals, particularly fungicides. With India's diversified environment assuring the development of all sorts of fresh fruits and vegetables, the trend has gradually switched from food grain production to horticulture, with horticulture production continuously outpacing food grain production. These reasons will help the Indian agrochemical sector thrive in the next years.
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India Agrochemical Market Regional Insights:
Insecticides dominated the India Agrochemical Market in 2022 and are projected to maintain their dominance during the forecast period.
What is India Agrochemical Market Segmentation:
by Product
Insecticides
Herbicides
Fungicides
Bio-pesticides
by Application
Cereals & Grains
Vegetables & Fruits
Oilseed & Pulses
Other
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Who are India Agrochemical Market Key Players:
1. Bayer Crop Science
2. BASF
3. Potash Corporation of Saskatchewan
4. Yara International
5. Indian Farmers Fertilizer Cooperative
6. E.I. Du Pont De Nemours & Company
7. Adama Industries.
8. Excel Crop Care Limited (Sumitomo Chemical)
9. Syngenta AG.
10. National Fertilizers Limited
11. Coromandel International Limited
12. Rastriya Chemicals and Fertilizers Ltd.
13. Zari Agrochemical Limited
14. Nagarjuna Fertilizers and Chemicals Limited
15. Deepak Fertilizers
16. Tata Chemicals
17. Chambal Fertilizers
18. Dow Agrosciences
19. Makhteshim Gan Industries Ltd
Table of content for the India Agrochemical Market includes:
India Agrochemical Market: Research Methodology
India Agrochemical Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. India Agrochemical Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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