Press Release

Insecticides Segment to Witness Significant Growth in India Pesticide Formulation Market During Forecast Period

Growing demand for bio-pesticides from the agriculture sector to drive the growth of India pesticide formulation market.

According to TechSci Research report, India Pesticide Formulation Market By Type, By Product Type, By Component, By Formulation Type, By Application, By Region, Competition, Forecast & Opportunities, 2025 the India pesticide formulation market is expected to grow at a steady rate during the forecast period owing to the initiatives taken by both government and non-government organizations to increase the awareness regarding the usage of pesticides among the farmers. However, high cost of pesticides and a shift towards organic farming can hamper the growth of market during forecast period.

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The India pesticide formulation market is segmented based on type, product type, component, formulation type, application, company and regional distribution. Based on product type, the market can be fragmented into herbicide, insecticide, fungicide, plant growth regulator and others. The insecticide segment is expected to hold a significantly large market share during the forecast years. This can be ascribed to the incidences of crop damages such as the whitefly menace in Punjab & adjoining areas, as a result of which the farmers are using insecticides to protect their crop.

Bayer Crop Science Limited, Syngenta India Limited, BASF India Limited, UPL Limited, ADAMA Agriculture Solutions Ltd, Rallis India Limited, Insecticide India Limited, Meghmani Organics Limited, Bharat Rasayan Limited, Cheminova India Limited, Excel Crop Care Limited, Coromandel International Limited, Atul Limited, Dow Agro Sciences, Gharda Chemicals Limited and others are some of the leading players operating in India pesticide formulation market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“India pesticide formulation market is anticipated to witness growth during the forecast years owing to the higher demand for food grains by the ever-increasing population and limited availability of arable land. Additionally, elevation in exports, growth in horticulture & floriculture and increasing public awareness regarding pesticides and biopesticides in the country are further expected to propel the market during the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Pesticide Formulation Market By Type, By Product Type, By Component, By Formulation Type, By Application, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of India pesticide formulation market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India pesticide formulation market.


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