Indian Pesticides Industry Growth, Market Cap, Consumption, Sales, Revenue, Top Companies and Forecast By 2026
SHERIDAN, WYOMING, UNITED STATES, January 5, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Indian Pesticides Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the pesticides industry in India reached a value of INR 232 Billion in 2020. Pesticides are toxic substances designed to eliminate, reduce or control the infestation of insects, weeds, rodents, fungi and other organisms in crops or plants. These insects and pests cause severe damage to the crops and impact the overall agricultural production. Depending upon their application, different types of pesticides include avicide, herbicide, insecticide, fungicide, piscicide and rodenticide. In India, crop protection chemicals have gained immense popularity over the past few years due to increasing awareness among farmers regarding the impact of pest infestation on crop yields.
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Market Trends:
With the rising population in India, the focus has shifted towards enhancing farm productivity and efficiently using the available arable land. Apart from this, the increasing adoption of modern agricultural approaches, such as Integrated Pest Management and contract farming, are positively influencing the India pesticides market. Moreover, there has been an increase in the number of investments made in the industry owing to a major shift towards the development of eco-friendly pesticides. However, the overall consumption of pesticides in the countries is still lower than their production, owing to which India has emerged as one of the largest pesticide exporters in the world. Looking forward, IMARC Group expects the Indian pesticides market to exhibit moderate growth during 2021-2026.
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Key Market Segmentation:
Breakup by Product type:
•	Synthetic Pesticides
•	Biopesticides
Breakup by Segments:
•	Insecticides
•	Fungicides
•	Herbicides
•	Others
Breakup by Formulation:
•	Liquid Pesticides
•	Dry Pesticides
Breakup by Crop Type:
•	Cereals
•	Vegetables
•	Fruits
•	Plantation Crops 
•	Others
Competitive Landscape
The competitive landscape of the market has also been examined in the report and the profiles of key players have also been provided.
Key highlights of the report:
1. Market Performance
2. Market Outlook
3. Porter’s Five Forces Analysis
4. Market Drivers and Success Factors
5. SWOT Analysis
6. Value Chain
7. Competitive Structure
8. Profiles of Key Players
Note- If you want to need latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.
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Elena Anderson
IMARC Services Private Limited
+ +1 6317911145
email us here
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