DUBLIN, September 21, 2021--(BUSINESS WIRE)--The "Indian Pesticides Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The Indian pesticides market reached a value of INR 232 Billion in 2020. Looking forward, the Indian pesticides market to exhibit moderate growth during the next five years.
The significance of pesticides has been rising over the last few decades catalyzed by the requirement to enhance the overall agricultural production and the need to safeguard adequate food availability for the continuously growing population in the country. In India, pests and diseases, on an average eat away around 20-25% of the total food produced.
The total available arable land per capita has been reducing in recent years as a result of increasing urbanization levels and is expected to reduce further in the coming years. Driven by rising population levels, food demand is expected to continue increasing in the coming years. We expect pesticides to play a key role in increasing the average crop yields per hectare.
Government initiatives to provide credit facilities to farmers in the rural areas is expected to provide a strong boost to the pesticides industry. Increasing availability and low interest rates of farm loans are expected to encourage farmers to use more pesticides in order to improve crop yields.
Both government and private initiatives are increasing the awareness of pesticides among farmers. Initiatives to educate farmers on the right usage of pesticides in terms of quantity, the right application methodology and appropriate chemicals to be used for identified pest problems, etc. are currently being conducted in various parts of the country.
The penetration levels of pesticides in India are significantly lower than other major countries such as the US and China. This suggests that the market for pesticides is still largely unpenetrated with a huge room for future growth.
Key Questions Answered in This Report:
How has the Indian pesticides market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Indian pesticides market?
What are the major segments in the Indian pesticides market?
What is the breakup of the Indian pesticides market on the basis of product type?
What is the breakup of the Indian pesticides market on the basis of formulation?
What is the breakup of the Indian pesticides market on the basis of crop type?
What is the breakup of the Indian pesticides market on the basis of various states?
What are the various stages in the value chain of the Indian pesticides industry?
What are the key driving factors and challenges in the Indian pesticides industry?
What is the structure of the Indian pesticides industry and who are the key players?
What is the degree of competition in the Indian pesticides industry?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Indian Pesticides Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Segment
5.6 Market Breakup by Formulation
5.7 Market Breakup by Crop Type
5.8 Market Breakup by State
5.9 Market Forecast
5.10 SWOT Analysis
5.11 Value Chain Analysis
5.12 Porters Five Forces Analysis
5.13 Price Analysis
6 Market Breakup by Product Type
6.1 Synthetic Pesticides
7 Market Breakup by Segment
8 Market Breakup by Formulation
9 Market Breakup by Crop Type
9.4 Plantation Crops
10 Market Breakup by State
10.1 Uttar Pradesh
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/yd136w
View source version on businesswire.com: https://www.businesswire.com/news/home/20210921005919/en/
Laura Wood, Senior Press Manager
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