1. What is the projected Compound Annual Growth Rate (CAGR) of the India Agricultural Biologicals Market?
The projected CAGR is approximately 14.06%.
India Agricultural Biologicals MarketIndia Agricultural Biologicals Market 14.06 CAGR Growth Outlook 2025-2033
India Agricultural Biologicals Market by Type (Biopesticides, Biostimulants, Biofertilizers), by Source (Microbial, Biochemicals), by Application Method (Foliar Spray, Soil Treatment, Seed Treatment, Others), by Crop (Row Crops, Fruits & Vegetables, Others), by Forecast 2025-2033
Base Year: 2024
150 Pages
India Agricultural Biologicals Market 14.06 CAGR Growth Outlook 2025-2033
India Agricultural Biologicals Market 14.06 CAGR Growth Outlook 2025-2033
Key Insights
The India Agricultural Biologicals Market size was valued at USD 446.26 USD Million in 2023 and is projected to reach USD 1120.78 USD Million by 2032, exhibiting a CAGR of 14.06 % during the forecast period. The biological agents including pheromones which are released by many insects for communication are central in the management of pests and the protection of crops. Scientists are developing these pest control compounds which can be targeted effectively to the pest population. Being eco-friendly, they work like this as they target specific pests only without killing beneficial organisms. Of this fact, they always are placed in the traps or dispensers, hampering mating, thus deleting the number of pests. Being developed for spying, mass trapping, mating disruption or lure and kill systems though they are used in different pest control techniques. Their adoption leads to a significant reduction of the application of chemical pesticides which thus contributes to the development of healthier, eco-friendly environments. By controlling pest damage, the farmer increases the crop yields and quality while reducing the environmental stress in so doing.
India Agricultural Biologicals Trends
- Shift towards sustainable and eco-friendly farming practices
- Increasing adoption of integrated pest management (IPM) techniques
- Rising demand for biopesticides and biostimulants
- Government initiatives to promote the use of biologicals in agriculture
Driving Forces: What's Propelling the India Agricultural Biologicals Market
- Stringent Regulatory Landscape: Increasing government regulations and bans on the use of synthetic pesticides and fertilizers are compelling farmers to explore safer, more sustainable alternatives. This shift is a significant catalyst for the adoption of agricultural biologicals.
- Rising Consumer Demand for Healthy Food: A growing awareness among Indian consumers regarding the health implications of chemical residues in food is fueling a strong preference for organically grown and residue-free produce. This demand directly translates into increased adoption of biological solutions by farmers.
- Technological Advancements and Product Innovation: Continuous research and development in the field of agricultural biologicals are leading to the introduction of more effective, targeted, and user-friendly products. This includes advancements in microbial pesticides, biostimulants, and biofertilizers, offering enhanced crop protection and yield improvement.
- Favorable Agro-climatic Conditions and Biodiversity: India's diverse agro-climatic zones provide an ideal environment for a wide range of crops, and consequently, for the development and application of diverse biological solutions. The country's rich biodiversity also offers a vast source for discovering new biological agents.
- Proactive Government Support and Policy Initiatives: The Indian government is actively promoting sustainable agriculture through various schemes, subsidies, and research & development funding for biologicals. Initiatives like the National Mission for Sustainable Agriculture (NMSA) and the promotion of FPOs (Farmer Producer Organizations) further bolster the market.
- Increasing Focus on Soil Health and Crop Resilience: Farmers are recognizing the long-term benefits of biologicals in improving soil health, enhancing nutrient uptake, and building crop resilience against pests, diseases, and abiotic stresses like drought and salinity.
- Growth of the Organic and Natural Farming Sector: The expanding organic and natural farming segments in India are significant drivers for agricultural biologicals, as these practices inherently rely on biological inputs.
Challenges and Restraints in India's Agricultural Biologicals Market
- Lack of awareness about the benefits of biologicals
- Relatively high cost of biological products compared to chemical pesticides
- Limited shelf life and storage challenges
- Technical complexities in the production and application of biologicals
Emerging Trends in India Agricultural Biologicals
- Development of novel biocontrol agents and biostimulants
- Nanotechnology-based biological products
- Automation and precision farming techniques to enhance efficiency
- Partnerships and collaborations to accelerate innovation and market penetration
Growth Catalysts in India's Agricultural Biologicals Industry
- Government incentives and subsidies for the adoption of biologicals
- Collaborative research efforts between academia, industry, and government agencies
- Increasing availability of technical support and training programs
- Development of bioprocessing technologies to reduce production costs
Market Segmentation: India Agricultural Biologicals Analysis
Type:
- Biopesticides
- Biostimulants
- Biofertilizers
Source:
- Microbial
- Biochemicals
Application Method:
Crop:
- Row Crops
- Fruits & Vegetables
- Others
Leading Players in the India Agricultural Biologicals Market
- Coromandel International Limited (India) -
- SOM PHYTOPHARMA (INDIA) LIMITED (India) -
- UPL Limited (India) -
- PI Industries Ltd (India) -
- Sumitomo Chemical Co., Ltd. (Japan) -
Significant Developments in India's Agricultural Biologicals Sector
- September 2023: FMC India launched biological crop protection solution Entazia biofungicide in the country.
- July 2023: Dhanuka Agritech Ltd. launched a new insecticide, DEFEND, for the Indian market.
- June 2023: IPL Biologicals invested USD 3.5 million in Unnati Agri to expand its sustainable product portfolio.
- October 2022: Chambal Fertilizers and Chemicals Limited partnered with TERI to launch a Mycorrhiza-based biofertilizer.
- August 2022: Tosla Nutricosmetics expanded its production facility to increase the production of collagen supplements.
Comprehensive Coverage India Agricultural Biologicals Market Report
The comprehensive India agricultural biologicals market report provides an in-depth analysis of the market dynamics, industry trends, and competitive landscape. It includes market segmentation, growth drivers, challenges, emerging trends, and key insights. The report presents a holistic assessment of the market and offers regional insights and competitive intelligence.
Regional Insight
The Indian agricultural biologicals market is experiencing robust growth, with a significant concentration of demand originating from key agricultural powerhouses such as Punjab, Haryana, Maharashtra, and Rajasthan. These states are at the forefront due to their extensive agricultural activities and the proactive adoption of sustainable farming practices. The government's unwavering commitment to fostering sustainable agriculture, coupled with a readily available pool of skilled agricultural labor, are instrumental factors driving market expansion in these regions.
Furthermore, states like Andhra Pradesh, Karnataka, and Gujarat are rapidly emerging as crucial growth hubs. This ascent is attributed to the increasing integration of advanced agricultural technologies and the allure of lucrative government incentives aimed at encouraging the adoption of eco-friendly agricultural inputs. The increasing awareness among farmers in these regions about the benefits of biological solutions for improved crop health, yield, and environmental sustainability is also playing a pivotal role in their market prominence.
India Agricultural Biologicals Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 14.06% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 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. Limited Shelf Life and High Cost of the Products to Hamper 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 Agricultural Biologicals Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Biopesticides
- 5.1.2. Biostimulants
- 5.1.3. Biofertilizers
- 5.2. Market Analysis, Insights and Forecast - by Source
- 5.2.1. Microbial
- 5.2.2. Biochemicals
- 5.3. Market Analysis, Insights and Forecast - by Application Method
- 5.3.1. Foliar Spray
- 5.3.2. Soil Treatment
- 5.3.3. Seed Treatment
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast - by Crop
- 5.4.1. Row Crops
- 5.4.2. Fruits & Vegetables
- 5.4.3. Others
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1.
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North india India Agricultural Biologicals Market Analysis, Insights and Forecast, 2019-2031
- 7. South india India Agricultural Biologicals Market Analysis, Insights and Forecast, 2019-2031
- 8. East india India Agricultural Biologicals Market Analysis, Insights and Forecast, 2019-2031
- 9. West india India Agricultural Biologicals Market Analysis, Insights and Forecast, 2019-2031
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2024
- 10.2. Company Profiles
- 10.2.1 Coromandel International Limited (India)
- 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 SOM PHYTOPHARMA (INDIA) LIMITED (India)
- 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 UPL Limited (India)
- 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 PI Industries Ltd (India)
- 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 Sumitomo Chemical Co. Ltd. (Japan)
- 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 Indian Farmers Fertilizer Cooperative Limited (India)
- 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 Ajay Bio-Tech (INDIA) Ltd. (India)
- 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 Biotech International Ltd. (India)
- 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)
- 10.2.9 IPL Biologicals (India)
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.10 T. Stanes and Company Limited (India)
- 10.2.10.1. Overview
- 10.2.10.2. Products
- 10.2.10.3. SWOT Analysis
- 10.2.10.4. Recent Developments
- 10.2.10.5. Financials (Based on Availability)
- 10.2.1 Coromandel International Limited (India)
List of Figures
- Figure 1: India Agricultural Biologicals Market Revenue Breakdown (USD Million, %) by Product 2024 & 2032
- Figure 2: India Agricultural Biologicals Market Share (%) by Company 2024
List of Tables
- Table 1: India Agricultural Biologicals Market Revenue USD Million Forecast, by Region 2019 & 2032
- Table 2: India Agricultural Biologicals Market Revenue USD Million Forecast, by Type 2019 & 2032
- Table 3: India Agricultural Biologicals Market Revenue USD Million Forecast, by Source 2019 & 2032
- Table 4: India Agricultural Biologicals Market Revenue USD Million Forecast, by Application Method 2019 & 2032
- Table 5: India Agricultural Biologicals Market Revenue USD Million Forecast, by Crop 2019 & 2032
- Table 6: India Agricultural Biologicals Market Revenue USD Million Forecast, by Region 2019 & 2032
- Table 7: India Agricultural Biologicals Market Revenue USD Million Forecast, by Country 2019 & 2032
- Table 8: North india India Agricultural Biologicals Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 9: South india India Agricultural Biologicals Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 10: East india India Agricultural Biologicals Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 11: West india India Agricultural Biologicals Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 12: India Agricultural Biologicals Market Revenue USD Million Forecast, by Type 2019 & 2032
- Table 13: India Agricultural Biologicals Market Revenue USD Million Forecast, by Source 2019 & 2032
- Table 14: India Agricultural Biologicals Market Revenue USD Million Forecast, by Application Method 2019 & 2032
- Table 15: India Agricultural Biologicals Market Revenue USD Million Forecast, by Crop 2019 & 2032
- Table 16: India Agricultural Biologicals Market Revenue USD Million Forecast, by Country 2019 & 2032
Methodology
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 segments, 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 mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the India Agricultural Biologicals Market?
Key companies in the market include Coromandel International Limited (India), SOM PHYTOPHARMA (INDIA) LIMITED (India), UPL Limited (India), PI Industries Ltd (India), Sumitomo Chemical Co., Ltd. (Japan), Indian Farmers Fertilizer Cooperative Limited (India), Ajay Bio-Tech (INDIA) Ltd. (India), Biotech International Ltd. (India), IPL Biologicals (India), T. Stanes and Company Limited (India).
3. What are the main segments of the India Agricultural Biologicals Market?
The market segments include Type, Source, Application Method, Crop.
4. Can you provide details about the market size?
The market size is estimated to be USD 446.26 USD Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Adoption of Precision Farming Techniques to Propel Agricultural Sprayer Demand.
6. What are the notable trends driving market growth?
Subsidizing Agricultural Machinery to Propel Market to Next Height.
7. Are there any restraints impacting market growth?
Limited Shelf Life and High Cost of the Products to Hamper Market Growth.
8. Can you provide examples of recent developments in the market?
September 2023: FMC India launched biological crop protection solution Entazia biofungicide in the country. The product has been formulated with Bacillus subtilis, which helps to control bacterial leaf blight in rice.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 2850, USD 3850, and USD 4850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "India Agricultural Biologicals Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the India Agricultural Biologicals Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the India Agricultural Biologicals Market?
To stay informed about further developments, trends, and reports in the India Agricultural Biologicals Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.