India Pesticide Formulation Market By Type, By Product Type, By Component, By Formulation Type (Liquid, Dry, Wettable Powder, Water Soluble, Gel, Aerosols, Others), By Application, By Region, Competition, Forecast & Opportunities, 2025
India pesticide formulation market is expected to grow at a steady rate during the forecast period. The India pesticide formulation market is driven by the increasing demand for food, decreasing cultivable land, increasing adoption of genetically modified (GM) crops, acceptance of new farming practices, among others. Additionally, growing focus towards the eradication of crop production losses and increasing nutritional qualities of the produce is further expected 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 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 component, the market can be divided into active ingredient and solvent. The active ingredient segment is expected to dominate the market since these are the only chemicals in a pesticide which are responsible for controlling, killing or repelling pests.
Major players operating in the India 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
Objective of the Study:
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 were 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 the industry experts and company representatives and externally validated through 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:
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.
In this report, India pesticide formulation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Plant Growth Regulator
Company Profiles: Detailed analysis of the major companies present in India pesticide formulation market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: