DUBLIN–(BUSINESS WIRE)–The “India Crop Protection Chemicals Market Outlook, 2027” report has been added to ResearchAndMarkets.com’s offering.
India is turned into limited farmland with growing climatic conditions that are highly unpredictable. This is causing new plant diseases and pests to attack crops. According to the Government of India statistics, about 15 to 25 percent of crops are lost due to pests every year. Indian farmer’s major concern is safeguarding their crops from pests and diseases. However, the crop protection industry is facing rivalry from organic farmers in India which is rapidly growing.
The global crop protection molecules are over 1175 whereas India has just 280 registered molecules. This is due to a lack of legal provisions for new product registration such as Protection of Regulatory Data. This indicates that India has a much less market in crop protection as compared to other developed markets of North America and Europe. The solution to this is innovation and research & development. But, any new molecule takes over Rs. 2000 Crores investment in R&D that lasts for about 10-12 yrs. before successfully being brought to market. However, the new crop protection brings in competition and choices for farmers to fight crop diseases.
According to the research report India crop protection market Outlook, 2025-26 it is expected to grow over a CAGR of 3.00% during the forecast period. Insecticides are widely used by Indian farmers to fight against infestation to safeguard their crops. However, bacteria sides are expected to be rapidly adopted by farmers to fight against the growing of bacteria around crops. Cereals & grains have less application as they are less susceptible to bacterial pathogens. However, the bio pesticides are a major hindrance to the growth of Crop protection market. The demand for crop protection will increase in lieu of increasing food demands over the forecast period along with government support.
Agricultural productivity is directly related to the input of crop protection. India uses just 307g/ha as compared to 13 kg/ha in USA, China and other countries which is too less. As a result of which Indian farmers loose significant profits as their crops are attacked with weeds and pests. However, India is a net exporter of crop protection chemicals in lieu of the government’s initiatives for Atmanirbhar Bharat, Make In India and Go Global programmes.
Indian Institute of Vegetable Research found out that farmers in India lose about 65% of their crop yield to fruit borers every time. To overcome this hurdle, FMC India has launched a new insecticide called Corprima that will enable farmers with superior quality yields of tomatoes and okra by having long pest control hold over crops. Further, IIT Kanpur invented nanoparticle called Bio Degradable Metabolite that can provide protection to crops against fungal and bacterial infections and yield quality crops. Hola an herbicide is developed by Crystal Crop Protection company to safeguard sugarcane crops from unwanted weeds and thus to increase productivity. The company has launched over 17 products over the period of 2 years as it has an house R&D team and some with collaborations. Gracia (Fluxametamide, an isoxazoline compound) is launched by Godrej Agrovet Ltd., in the Indian market, which is a patented by Japan’s Nisan Chemical Corporation. It will protect crops from chewing up and sucking by pests such as larva, caterpillars and thrips for pulses, pepper, tomatoes, okra and Brinjals.
Rice farming in India has been long grappling with 30% to 70% decreased yields due to the brown planthopper menace. A coherent farmer arrangement program as Udayan-Tarakki ka NAya Savera has been started by Corteva Agriscience to sensitize farmers about brown rice hoppers menace, effective use of Pexalon to increase the yield by 10%. Various organisations and foundations are working towards educating farmers on effective and timely use of crop protection products to enhance yield and profits. The central government is likely to bring in PLI scheme for incentive-based agrochemicals use. UPL Ltd is on the edge to be taken over by CF Industries Holdings Inc or FMC Corporation.
Considered in this report
- Geography: India
- Base year: 2020-21
- Historical year: 20215-16
- Forecasted year: 202-27
Aspects covered in this report
- India crop protection chemiclas market with its value and forecast along with its segments
- State wise crop protection chemiclas market analysis
- Application wise crop protection chemiclas market distribution
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
- PEST Analysis
By Product Type in the report:
- Fungicides & Bactericides
By Application in the report:
- Cereals & grains
- Oilseeds & pulses
- Fruits & vegetables
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to crop protection industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
- Bayer CropScience Ltd.
- PI Industries Ltd.
- Dhanuka Agritech Ltd.
- Mosanto India Ltd.
- Rallis India Ltd.
- UPL Limited, India
- Insecticides India Ltd.
- E.I.DuPont India Private Limited.
- BASF India Limited.
- Dow AgroSciences India Pvt. Ltd
- Adama India Pvt Ltd
For more information about this report visit https://www.researchandmarkets.com/r/ag916m
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