India Agrochemicals Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027
The globalization of the agrochemical industry has a major impact on the Indian market. High population growth rates and growing needs for food production and economic growth are driving the market for pesticides forward. Ambitious food security projects can only be achieved by improving product performance and productivity for which available resources are scarce. Land shortages due to urbanization, soil degradation, water scarcity, etc. make the use of pesticides more important to sustain. Export potential and integrated agricultural practices will provide future growth opportunities. Low awareness of the agricultural community and low levels of acceptance of modern agricultural practices are major challenges for the industry.
Key Players in the Indian Agrochemicals Market
The market in India is highly dominated by the foreign players. Bayer AG is the largest agrochemical producer in the world. Some of the big names include Yara International ASA, BASF, Bayer Crop Science, MakhteshimAgan Industries Ltd, Dow Agro Sciences, Monsanto, Syngenta, Aventis, Agrium etc. Lallemand Inc., ArystaLifeScience (Japan) and Sinofert Holdings Limited (China). Indian Farmers Fertiliser Cooperative, National Fertilizers Limited, Rashtriya Chemicals and fertilizers Ltd.Zuari Agro Chemicals, Nagarjuna Fertilizers and Chemicals Limited, and Coromandel International Limited are some of the big local companies operating in the Indian sub-continent. Companies here need to focus and strengthen their supply chain strategies to improve distribution and reach in the country.
India Agrochemicals Market: Segmentation
By Fertilizer Type
- Nitrogen fertilizer
- Phosphatic Fertilizer
- Potassic Fertlizer
By Pesticide Type
- Fungicides
- Herbicides
- Insecticides
- Others
By Crop Type
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
Key Questions Answered by India Agrochemicals Market Report
- What was the India Agrochemicals Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of India Agrochemicals Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the India Agrochemicals Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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