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The India agricultural biologicals market size reached approximately USD 535.83 million in 2023. The market is assessed to grow at a CAGR of 10.1% between 2024 and 2032 to attain a value of around USD 1282.82 million by 2032.
Agricultural biologics refers to products that are derived from plant extracts, naturally occurring microorganisms, organic matter, and plant extracts. They are a significant part of crop management systems and enhance the quality and yield of their crops. Biologicals also serve as viable solutions to meet the challenges of growing food demands and the rising inclination towards organic produce.
Rapid population growth, rising food demand, and the introduction of favourable policies by the Indian government to promote sustainable agriculture are positively impacting the India agricultural biologicals market demand.
Based on source, the market is bifurcated into microbial and biochemical. On the basis of type, the market can be divided into biopesticides, biostimulation, and biofertiliser.
By application, the India agricultural biologicals market segmentation includes foliar spray, soil treatment, and seed treatment. The market, based on crop type, is categorised into cereals and grains, oilseeds and pulses, and fruits and vegetables, among others. The major regional markets for agricultural biologicals in India include North India, East India, West India, and South India.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India agricultural biologicals market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Microbials represent a significant portion of the India agricultural biologicals market share. Microbial biologicals are applied directly into the soil, surface of seeds, and plants as an alternative to chemical agricultural products. Such biologicals also reduce chemical residues in vegetables and plants, improve their resistance management, and provide protection from diseases and pests.
Meanwhile, biochemical biologicals are naturally occurring substances such as fermentation products and plant extracts that can enhance crop performance, stimulate various natural processes, and improve the quality of crops.
As per the India agricultural biologicals market analysis, there is a rising usage of biopesticides in sustainable farming practices to ensure the health and diversity of crops. Biopesticides can also facilitate integrated pest management, reduce the risk of toxic residues, and offer a favourable ecological footprint than traditional pesticides.
Moreover, biopesticides promote the safety and well-being of the environment, achieve sustainable management of diseases and pests, prevent resistance to biological controls, and are cheaper than chemical pesticides.
Bayer AG is a global company with competency in life sciences, nutrition, and health. Its services and products are aimed at addressing global challenges and an ageing population. The company is committed to driving sustainable growth and development. The company operates in three divisions, namely crop sciences, consumer health, and pharmaceuticals. It is also a leading agricultural player that offers tailored solutions for plants and crops.
Ajay Bio-Tech (I) Ltd., founded in 1990, has established its position as a prominent manufacturer of herbal, organic, and biological products. It has a strong presence in 12 Indian states, including Punjab, Tamil Nadu, West Bengal, and Uttar Pradesh, among others. With its headquarters in Maharashtra, India, the company’s Biofix product range is aimed at nurturing and re-inventing the farm sector.
Gujarat State Fertilizers & Chemicals Limited, incorporated in 1962, is a multi-location company that is involved in the production of fertilisers. The company aims to provide agricultural products to farmers in Gujarat. The company constantly diversifies its portfolio and expands its distribution and manufacturing capabilities.
Other India agricultural biologicals market players include Valent BioSciences LLC, UPL Ltd., India n Farmers Fertiliser Cooperative Limited., IPL Biologicals Ltd., Rallis India Ltd., Madras Fertilizers Limited., and Coromandel International Limited, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Source |
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Breakup by Type |
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Breakup by Application |
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Breakup by Crop Type |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 535.83 million.
The market is assessed to grow at a CAGR of 10.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1282.82 million by 2032.
The introduction of favourable policies by the Indian government to promote sustainable agriculture and the increasing interest in environmentally responsible farming are the major market drivers.
The key trends aiding the market growth are the rising demand for biopesticides and surging investments by key players to improve the stability, shelf range, range, and controlled usage of biological products.
The major regions in the market are North India, South India, West India, and East India.
The different sources of agricultural biologicals are microbial and biochemical.
The major players in the market are Bayer AG, Ajay Bio-Tech (I) Ltd., Valent BioSciences LLC, UPL Ltd., Gujarat State Fertilizers & Chemicals Limited, Indian Farmers Fertiliser Cooperative Limited., IPL Biologicals Ltd., Rallis India Ltd., Madras Fertilizers Limited., and Coromandel International Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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