Market Overview:
India agricultural biologicals market size reached US$ 836.55 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,635.71 Million by 2032, exhibiting a growth rate (CAGR) of 12.60% during 2024-2032. The launch of favorable policies by government bodies promoting sustainable agricultural practices is primarily driving the market growth across the country.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 836.55 Million |
Market Forecast in 2032
|
US$ 2,635.71 Million |
Market Growth Rate 2024-2032 |
12.60% |
Agricultural biologicals constitute a class of agricultural inputs sourced from natural origins, including microorganisms, plants, and organic substances. They serve the purpose of fostering crop growth, safeguarding plants against pests and diseases, and advancing overall agricultural sustainability. In contrast to conventional chemical pesticides and fertilizers, agricultural biologicals capitalize on natural processes to support the development of more robust and healthier crops. This category encompasses biopesticides, employed for pest and disease control through non-toxic mechanisms, and biostimulants, which amplify plant growth and maturation. The increasing recognition of agricultural biologicals in recent times can be attributed to their eco-friendly characteristics, reduced chemical residues, and compatibility with organic farming methodologies.
India Agricultural Biologicals Market Trends:
The agricultural biologicals market in India has witnessed substantial growth and is poised to play a pivotal role in the country's agricultural landscape. One of the key factors driving the growth of the market in this country is the increasing awareness and adoption of environmentally friendly and sustainable agricultural practices. Moreover, farmers are progressively recognizing the benefits of agricultural biologicals in promoting healthier crops while minimizing the ecological impact associated with traditional chemical inputs. Besides this, the India agricultural biologicals market includes a range of products, such as biopesticides and biostimulants. Additionally, biopesticides, known for their non-toxic mechanisms, offer an alternative to chemical pesticides for pest and disease control. Biostimulants, on the other hand, play a crucial role in enhancing plant growth and development. These products align with the growing emphasis on reducing chemical residues in food products and promoting organic farming. Government initiatives and support have further accelerated the adoption of agricultural biologicals in India. Apart from this, the compatibility of agricultural biologicals with organic farming practices aligns with the increasing demand for organic produce both domestically and internationally. Furthermore, as the Indian agricultural sector continues to evolve, the agricultural biologicals market is expected to witness continued growth in the coming years.
India Agricultural Biologicals Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, source, mode of application, and application.
Type Insights:
- Biopesticides
- Biofertilizers
- Biostimulants
The report has provided a detailed breakup and analysis of the market based on the type. This includes biopesticides, biofertilizers, and biostimulants.
Source Insights:
- Microbials
- Macrobials
- Biochemicals
- Others
A detailed breakup and analysis of the market based on the source have also been provided in the report. This includes microbials, macrobials, biochemicals, and others.
Mode of Application Insights:
- Foliar Spray
- Soil Treatment
- Seed Treatment
- Post-Harvest
The report has provided a detailed breakup and analysis of the market based on the mode of application. This includes foliar spray, soil treatment, seed treatment, and post-harvest.
Application Insights:
- Cereals and Grains
- Oilseed and Pulses
- Fruits and Vegetables
- Turf and Ornamentals
- Others
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes cereals and grains, oilseed and pulses, fruits and vegetables, turf and ornamentals, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Agricultural Biologicals Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Type
- Source
- Mode of Application
- Application
- Region
|
Types Covered |
Biopesticides, Biofertilizers, Biostimulants |
Sources Covered |
Microbials, Macrobials, Biochemicals, Others |
Mode of Applications Covered |
Foliar Spray, Soil Treatment, Seed Treatment, Post-Harvest |
Applications Covered |
Cereals and Grains, Oilseed and Pulses, Fruits and Vegetables, Turf and Ornamentals, Others |
Regions Covered |
North India, West and Central India, South India, East and Northeast India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India agricultural biologicals market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India agricultural biologicals market?
- What is the breakup of the India agricultural biologicals market on the basis of type?
- What is the breakup of the India agricultural biologicals market on the basis of source?
- What is the breakup of the India agricultural biologicals market on the basis of mode of application?
- What is the breakup of the India agricultural biologicals market on the basis of application?
- What are the various stages in the value chain of the India agricultural biologicals market?
- What are the key driving factors and challenges in the India agricultural biologicals?
- What is the structure of the India agricultural biologicals market and who are the key players?
- What is the degree of competition in the India agricultural biologicals market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India agricultural biologicals market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India agricultural biologicals market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India agricultural biologicals industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.