India Biopesticides MarketIndia Biopesticides Market Report Probes the USD Million Size, Share, Growth Report and Future Analysis by 2032
India Biopesticides Market by Type (Bioinsecticides, Biofungicides, Bionemacides, Others), by Forecast 2024-2032
Base Year: 2023
106 Pages
India Biopesticides Market Report Probes the USD Million Size, Share, Growth Report and Future Analysis by 2032
Key Insights
The India Biopesticides Market size was valued at USD 64.73 USD Million in 2023 and is projected to reach USD 141.14 USD Million by 2032, exhibiting a CAGR of 11.78 % during the forecast period. Organic controls ranging from flowers/plants to microorganisms such as bacteria fungi and minerals are sometimes better than chemical pesticides in agriculture. They can be sorted into microbial pesticides, plant-based protective agents, and biochemical pesticides. Microorganisms make up the microbial pesticides used in pest control. They may include select bacteria, fungi, and viruses. The PIPs are the prepared crops utilizing the transgenic approach to produce their pests. Biopesticides are biosynthesis of naturally sourced materials that negatively influence pests' growth or behaviour. These types of pesticides provide the solution of pest control in an environmentally friendly manner, where they target specific pests and keep non-target organisms and pests at the bait which ultimately inhibits pesticide resistance. They discover practices in organic farming, and integrated pest management systems, in addition to traditional agriculture as a solution fitted for synthetic pest control replacement.
India Biopesticides Trends
- Growing awareness about environmental sustainability
- Increasing adoption of organic farming practices
- Government initiatives to promote biopesticide usage
Driving Forces: What's Propelling the India Biopesticides Market
- Surge in organic agriculture: Rising consumer demand for chemical-free produce, driven by health consciousness and concerns about the long-term effects of synthetic pesticides.
- Government support: Favorable policies, such as subsidies, incentives, and research grants, are encouraging farmers and businesses to adopt biopesticides as a sustainable alternative.
- Environmental concerns: Growing awareness among farmers, agricultural professionals, and the general public about the harmful effects of chemical pesticides on human health, wildlife, and ecosystems is fueling the demand for eco-friendly biopesticides.
Challenges and Restraints in India's Biopesticides Market
- Availability and quality of biopesticides: Limited availability of effective and high-quality biopesticides
- Efficacy issues: Concerns regarding the efficacy of biopesticides compared to chemical pesticides
- Farmer resistance: Reluctance of farmers to adopt new technologies and practices
Emerging Trends in India Biopesticides
- Precision farming: Use of technology to optimize biopesticide application and reduce environmental impact
- Biological control agents: Increasing use of natural enemies of pests to control infestations
- Biopesticide formulations: Development of innovative formulations to enhance efficacy and shelf life
Growth Catalysts in India Biopesticides Industry
- R&D initiatives: Government and private sector investments in research and development
- Collaboration and partnerships: Strategic partnerships between agrochemical companies and biopesticide manufacturers
- Consumer education: Raising awareness about the benefits of biopesticides among farmers and consumers
Market Segmentation: India Biopesticides Analysis
Type:
- Bioinsecticides
- Biofungicides
- Bionemacides
- Others
Industry:
- Agriculture
- Horticulture
- Forestry
Leading Players in the India Biopesticides Market
- T. Stanes & Company Limited (Coimbatore)
- Coromandel International (Hyderabad)
- Tagros Chemicals India Ltd. (Chennai)
- Ajay Biotech (India) Ltd. (Pune)
- Som Phytopharma (India) Limited (Hyderabad)
- International Panaacea Limited (Gurgaon)
- Biotech International Limited (Delhi)
- Sumitomo International Co. Ltd. (Delhi)
Significant Developments in India's Biopesticides Sector
- Strategic acquisitions and mergers between key players
- New product launches and collaborations to expand product portfolios
- Government incentives to promote biopesticide adoption in rural areas
Comprehensive Coverage India Biopesticides Market Report
- Market overview and key trends
- Market size and growth projections
- Segmentation analysis by type and industry
- Competitive landscape
- Key drivers and challenges
- Emerging opportunities
- Future outlook
Regional Insight
- Northern India: Maintains the largest market share due to its extensive agricultural activities, particularly in major crop-growing states like Punjab, Haryana, and Uttar Pradesh.
- Western and Southern India: Experiencing significant growth driven by the presence of fruit and vegetable farming in states like Maharashtra, Gujarat, Karnataka, and Tamil Nadu.
- Eastern India: Has potential for growth as awareness about biopesticides increases among farmers in states like West Bengal, Odisha, and Bihar. Government initiatives and extension programs are playing a vital role in promoting the adoption of biopesticides in this region.
India Biopesticides Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 11.78% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Adoption of Precision Farming Techniques to Propel Agricultural Sprayer Demand
- 3.3. Market Restrains
- 3.3.1. Lack of Knowledge among Farmers and High Cost of Biopesticides to Obstruct Market Growth
- 3.4. Market Trends
- 3.4.1. Subsidizing Agricultural Machinery to Propel Market to Next Height
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. India Biopesticides Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Bioinsecticides
- 5.1.2. Biofungicides
- 5.1.3. Bionemacides
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1.
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North india India Biopesticides Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Type
- 6.1.1 Bioinsecticides
- 6.1.2 Biofungicides
- 6.1.3 Bionemacides
- 6.1.4 and Others
- 7. South india India Biopesticides Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Type
- 7.1.1 Bioinsecticides
- 7.1.2 Biofungicides
- 7.1.3 Bionemacides
- 7.1.4 and Others
- 8. East india India Biopesticides Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Type
- 8.1.1 Bioinsecticides
- 8.1.2 Biofungicides
- 8.1.3 Bionemacides
- 8.1.4 and Others
- 9. West india India Biopesticides Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Type
- 9.1.1 Bioinsecticides
- 9.1.2 Biofungicides
- 9.1.3 Bionemacides
- 9.1.4 and Others
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2023
- 10.2. Company Profiles
- 10.2.1 T. Stanes & Company Limited (Coimbatore)
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Coromandel International (Hyderabad)
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Tagros Chemicals India Ltd. (Chennai)
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Ajay Bio-tech (India) Ltd. (Pune)
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Som Phytopharma (India) Limited (Hyderabad)
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 International Panaacea Limited (Gurgaon)
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Biotech International Limited (Delhi)
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 Sumitomo International Co. Ltd. (Delhi)
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.1 T. Stanes & Company Limited (Coimbatore)
List of Figures
- Figure 1: India Biopesticides Market Revenue Breakdown (USD Million, %) by Product 2023 & 2031
- Figure 2: India Biopesticides Market Value Share (%), by Type 2023 & 2031
- Figure 3: India Biopesticides Market Share (%) by Company 2023
List of Tables
- Table 1: India Biopesticides Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 2: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Type 2018 & 2031
- Table 3: India Biopesticides Market Revenue USD Million Forecast, by Region 2018 & 2031
- Table 4: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Region 2018 & 2031
- Table 5: India Biopesticides Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 6: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Type 2018 & 2031
- Table 7: India Biopesticides Market Revenue USD Million Forecast, by Region 2018 & 2031
- Table 8: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Region 2018 & 2031
- Table 9: India Biopesticides Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 10: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Type 2018 & 2031
- Table 11: India Biopesticides Market Revenue USD Million Forecast, by Country 2018 & 2031
- Table 12: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Country 2018 & 2031
- Table 13: North india India Biopesticides Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 14: North india India Biopesticides Market Volume (1,000 Tonnes) Forecast, by Application 2018 & 2031
- Table 15: South india India Biopesticides Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 16: South india India Biopesticides Market Volume (1,000 Tonnes) Forecast, by Application 2018 & 2031
- Table 17: East india India Biopesticides Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 18: East india India Biopesticides Market Volume (1,000 Tonnes) Forecast, by Application 2018 & 2031
- Table 19: West india India Biopesticides Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 20: West india India Biopesticides Market Volume (1,000 Tonnes) Forecast, by Application 2018 & 2031
- Table 21: India Biopesticides Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 22: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Type 2018 & 2031
- Table 23: India Biopesticides Market Revenue USD Million Forecast, by Country 2018 & 2031
- Table 24: India Biopesticides Market Volume 1,000 Tonnes Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 11.78% from 2018-2032 |
| Segmentation |
|
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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