India pesticide formulation market is expected to grow at a steady rate during the forecast period. Increasing demand for food, decreasing cultivable land, increasing adoption of genetically modified (GM) crops, and acceptance of new farming practices, among others are some of the factors driving the growth of India’s pesticide formulation market in the country. Additionally, efforts towards increasing the nutritional qualities of the products and increasing focus towards compensating crop production losses are further projected to propel the market during forecast years.
The India pesticide formulation market is segmented based on type, product type, component, formulation type, application, company, and regional distribution. Based on type, the market can be bifurcated into synthetic and bio-pesticide. The bio-pesticide segment is expected to register significant growth during the next five years. This can be accredited to the escalating demand for food safety and quality in the country. Additionally, bio-pesticides are less detrimental to humans, animals, and the environment, highly target-specific, with no danger to non-target species, and have the capability to rapidly decompose without leaving any noxious residues. Based on components, the market can be divided into active ingredients and solvents. The active ingredient segment is expected to dominate the market since these are the only chemicals in a pesticide that are responsible for controlling, killing, or repelling pests.
Major players operating in the Indian pesticide formulation market include
- Bayer Crop Science Limited
- Syngenta India Limited
- BASF India Limited
- UPL Limited
- ADAMA Agriculture Solutions Ltd
- Rallis India Limited
- Insecticide India Limited
- Meghmani Organics Limited
- Bharat Rasayan Limited
- Cheminova India Limited
- Excel Crop Care Limited
- Coromandel International Limited
- Atul Limited
- Dow Agro Sciences
- Gharda Chemicals Limited, and others.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
The Objective of the Study:
- To analyze and forecast the market size of India pesticide formulation market.
- To classify and forecast India pesticide formulation market based on type, product type, component, formulation type, application, company, and regional distribution.
- To identify drivers and challenges for India pesticide formulation market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Indian pesticide formulation market.
- To identify and analyze the profile of leading players operating in India pesticide formulation market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the globe.
TechSci Research calculated the market size of India pesticide formulation market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience:
- Pesticide formulation manufacturers, suppliers, distributors, and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to pesticide formulation
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Indian pesticide formulation market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
o Synthetic
o Bio-Pesticide
- Market, By Product Type:
- Herbicide
- Insecticide
- Fungicide
- Plant Growth Regulator
- Others
- Market, By Component:
- Active Ingredient
- Solvent
- Market, By Formulation Type:
- Liquid
- Solution
- Suspension
- Emulsion
- Dry
- Pellets
- Dust
- Granules
- Wettable Powder
- Water Soluble
- Bag
- Concrete
- Liquid
- Gel
- Aerosols
- Others
- Liquid
- Market, By Application:
- Cereals
- Fruits
- Plantation Crops
- Vegetables
- Others
- Market, By Region:
o North
o South
o East
o West
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India pesticide formulation market.
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Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
- India Pesticide Formulation Market Overview
5.1. Industry Structure & Stakeholders
5.2. Demand & Supply Scenario
5.2.1. Production
5.2.2. Consumption
5.3. Raw Material Analysis
5.3.1.1. Sourcing
5.3.1.2. Pricing
- India Pesticide Formulation Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Synthetic v/s Bio-Pesticide)
6.2.2. By Product Type (Herbicide, Insecticide, Fungicide, Plant Growth Regulator, Others)
6.2.3. By Component (Active Ingredient, Solvent)
6.2.4. By Formulation Type (Liquid (Solution, Suspension, Emulsion), Dry (Pellets, Dust, Granules), Wettable Powder, Water Soluble (Bag, Concrete, Liquid), Gel, Aerosols, Others)
6.2.5. By Application (Cereals, Fruits, Plantation Crops, Vegetables, Others)
6.2.6. By Region (North, South, East, West)
6.2.7. By Company (2018)
6.3. Market Attractiveness Index
- North India Pesticide Formulation Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Product Type
7.2.3. By Component
7.2.4. By Formulation Type
7.2.5. By Application
7.2.6. By State (Top 3 states)
7.2.7. By Company
- South India Pesticide Formulation Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Product Type
8.2.3. By Component
8.2.4. By Formulation Type
8.2.5. By Application
8.2.6. By State (Top 3 states)
8.2.7. By Company
- East India Pesticide Formulation Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Product Type
9.2.3. By Component
9.2.4. By Formulation Type
9.2.5. By Application
9.2.6. By State (Top 3 states)
9.2.7. By Company