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Historical Year
Forecast Year
The Indian bio agriculture market reached a value of about INR 58633.34 million in 2023. The market is further expected to grow at a CAGR of 4.2% in the forecast period of 2024-2032 to reach a value of about INR 84913.80 million by 2032.
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As per the World Organic Agriculture Report 2020 released by IFOAM–Organics International and the Research Institute for Organic Agriculture, India has one of the largest organic farmers in the world. Biological farming is commonly practiced by farmers in India in order to accomplish a balance between the physical, chemical, and biological aspects of soil supported by improved organic content. They use the latest technologies to optimise the behaviour of soil microbes by providing proper soil nutrition and structure.
Bio agriculture is the organic or biodynamic farming practices, which produce high-quality and nutritious products without the use of synthetic fertilizers or agricultural chemicals.
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On the basis of segment, the industry can be divided into the following:
The regional markets for bio agriculture in India include North, South, East, and West India.
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There has been a major change towards bio agricultural practices in India. This phenomenon can be certified by the excessive use of fertilizers and artificial growth regulators that have contributed to soil degradation and increased the amount of chemicals in the food chain. In addition, a growing understanding of health has prompted consumers to opt for organic products, which, in effect, have a positive impact on the industry. In addition, environmental issues have also motivated farmers to practice organic farming as it is a chemical-free approach that ensures the optimal use of natural resources and helps to preserve them. In addition, the Government of India has put in place various schemes and programs to encourage organic farming in order to meet the increasing demand for food across the world. These projects include the National Mission for Sustainable Agriculture (NMSA)/Paramapragat Krishi Vikas Yojana (PKVY), Rashtriya Krishi Vikas Yojana (RKVY), the Mission for Integrated Horticulture Development (MIDH), the National Mission for Oil Seeds & Oil Palm (NMOOP), and the ICAR Organic Farming Network Project. Such programmes are expected to buoy the growth of the bio agriculture market in India.
The report by EMR covers the macro and micro aspects of the industry by covering the challenges and opportunities faced by the regional market. It looks into the historical (2018-2023) and forecast (2024-2032) of the various components of the industry in 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 key demand and price indicators have been covered by the report as well. An assessment of the price trends of the industry has been provided within the report as well as an analysis of the value chain. It also covers various aspects of the competitive landscape like the market structure, the market share of key players, and company profiles.
| 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 Segment |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Indian bio agriculture market attained a value of nearly INR 58633.34 million.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 4.2%.
By 2032, the market is estimated to reach a value of almost INR 84913.80 million.
The major market drivers are the increasing organic farming activities in India, growing concerns regarding soil degradation, and a surging understanding of the benefits associated with organic products.
The introduction of favourable government initiatives aimed at boosting organic farming, the rising demand for high-quality and nutritious produces, and the growing focus on the optimal use of natural resources are the key trends guiding the market.
The leading regions in the Indian market include North India, South India, East India, and West India.
The significant segments considered in the market report are transgenic crops, biofertilisers, and biopesticides.
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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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