India Biopesticides market- Growth, Trends, Forecast for the period (2017 - 2022)
Worldwide, the pesticides industry has been witnessing a relatively steady growth, which has been primarily attributed to advancements in the Biopesticides industry. Demand for biopesticides in India is forecast to exhibit high growth in terms of both volume and value, estimated at respective compounded annual rates of 18.3% and 19% over the 2015-2020 period.
The significance of biopesticides in the Indian agricultural scenario and corresponding rural development has been stressed, with a particular emphasis on integrated pest management (IPM) systems. However, the domestic market has been plagued by factors hindering the potential growth of biopesticides, such as non-availability and continuing disappearance of mixed/multiple cropping that adversely affects demand for biopesticides. Despite these limitations, the Indian market for biopesticides has been on a growth trajectory as a consequence of massive research infrastructure and constructive public support and policies.In addition, decreasing arable land per person in India, which is recorded as 0.6Kg/ha is a growing concern, with arable land per person decreasing by 0.1 hectares per person.
Other key drivers in the market are increasing consumer demand for organic products thus encouraging organic farming practices and governments promoting bio control products. The market however is mainly constrained by the growers low awareness on the use of bio control agents and availability of the products. Also low shelf life of products results in farmer's frequent application of Biopesticides thus resulting in increased costs.
Segmentation of this report includes futher segmentation of Biopesticides to include Bioherbicides, Bioinsecticides, biofungicides and other Biopesticides. Based on application the market gives a share of pesticides used on Crop based applications like grains & Cereals, Oilseeds, Fruits and vegetable and Non crop application on Turf & Ornamental grass. In terms of region, India along with China is set to outpace other markets in Asia-Pacific by posting faster CAGRs.
Some of the players profiled in this market are Bayer cropscience, BASF, Emery Oleochemicals, ISagro Spa, Ishihara Sangyo Kaisha,Ltd , Sri Biotech Laboratories India, Ltd among others.
In this report we offer,
Market Definition for the specified topic along with identification of key drivers and restraints for the market. Market analysis for the India Biopesticides market, with region specific assessments and competition analysis on a global and regional scale. Identification of factors instrumental in changing the market scenarios, rising opportunities and global consumer trends. Extensively researched competitive landscape section with profiles of major companies along with their share of markets. Identification and analysis of the Macro and Micro factors that affect the India Biopesticides market on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Why should you buy this report?
For getting a comprehensive overview of the India Biopesticides market To gain wide ranging information about the major players in this industry and the strategies adopted by them. To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.