Concerns to save deteriorating crop yields are driving the growth if India’s Biological crop protection Market, FY2017-FY2027. According to TechSci report on, “India Biological Crop Protection MarketBy Type (Bioherbicides, Bioinsecticides, Bio fungicides, Bionematicides, Others), By Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By Form (Liquid v/s Dry), By Source (Domestic v/s Import), By Region, Top 3 States Analysis, Competition Forecast & Opportunities, FY2027”, India biological crop protection market has shown promising growth in historical years until FY2020 and is expected to continue its growth in upcoming forecast years FY2023 to FY2027.
The Important Elements of India Biological Crop Protection Market
India’s biological crop protection market owes its growth to the factors like rapidly increasing demand for higher yields of crops. The use of biological crop protection methods confirms higher yield, better crops, and healthier fruit and vegetable crops. The rapidly increasing population of the country and thereby need to feed the population is further aiding the growth of the Indian biological crops protection market, in the next five years. India faces severe loss in the agricultural sector due to increasing instances of a pest outbreak, which is actively supporting the growth of the India biological crop protection market in the future five years. Excessive use of chemical products for the protection of plants is also surging the demand for organic and biological products such that the fertilizers remove unwanted and harmful herbs, pests, etc. meanwhile not harming the soil and environment qualities, thus aiding the growth of India biological crop protection market in the forecast years until, 2026.
Biological crop protection is the processes and methods of preserving the crops from harmful pests meanwhile maintaining environmental resources. Crops often get infested with pests, fungi, and insects, that destroy the crop and diminish the yields of the crop fields. The use of chemical or synthetic crop protection material often results in deteriorated soil quality, toxic water reserves, and harmful elements in the air thus polluting the quality of air. Using biofertilizers, biopesticides, bio fungicides, etc. helps in maintaining the soil and water health altogether with the protection of crops against pests.
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The India biological crop protection market is segmented by type, mode of application, crop type, form, source, regional distribution, top 3 states analysis in each region, and competitional landscape. Based on the mode of application, the market is further bifurcated into foliar spray, seed treatment, soil treatment, and others. Foliar spray is anticipated to hold the largest revenue shares of the market and assert its dominance over the market segment in the upcoming five years, on the account of ease of usability of the foliar spray. Moreover, the country has agricultural lands spread across large hectares, and applying biopesticides would be really difficult. Thus, sprays make it easier and more efficient to use and thus support the growth of India’s biological crop protection market in the future five years too. Seed treatment is also anticipated to hold significant shares of the market in the next five years on the account of rapidly increasing research and technological advancement. Moreover, the surge in the demand for higher yields of the crop is actively driving the growth of the India biological crop market in the upcoming five years.
The Major Competitors of India Biological Crop Protection Market
- Stanes & Company Limited
- Agri Life Limited
- UPL Limited
- IPL Biologicals Limited
- Kan Biosys Pvt. Ltd.
- Manidharma Biotech Pvt Ltd
- Aumgene Biosciences Pvt. Ltd.
- Criyagen Agri And Biotech Pvt Ltd
- Varsha Bioscience and Technology India Private Limited, are some of the major market shareholders that are actively driving the growth of the India biological crop protection market. These major market players are actively dedicated to the research and development of advanced products such that the consumer’s demand could be fulfilled. Consistent research ensures future launches for better products and services. With rapidly surging demand for advanced products, the new market entrants would be able to establish their brand and thus their marketplace. Other strategies include collaborations and partnerships with pre-existing market players or research institutes such that government funding can be availed for product development.
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“Directorate Of Plant Protection, Quarantine & Storage, India is the major plant protection agency that ensures the crop protection rules and regulations. The stringent regulations and policies have made it difficult for chemical and synthetic products to be popular in the market. The demand for organic and biological products also supports the futuristic potential of the product market. New market entrants may devote their resources to extended research and development of more efficient and effective products that are organic and do not affect the natural soil nutrients in case of exposure. Collaborations with the government-approved schemes and initiatives would support the brand establishment procedure for the new market players,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Biological Crop Protection Market By Type (Bioherbicides, Bioinsecticides, Bio fungicides, Bionematicides, Others), By Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By Form (Liquid v/s Dry), By Source (Domestic v/s Import), By Region, Top 3 States Analysis, Competition Forecast & Opportunities, FY2027” has evaluated the future growth potential of India Biological crop protection market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Biological crop protection market.
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