India bio stimulants market is anticipated to grow with an impressive CAGR in the forecast period, FY2023-FY2027. The market is expected to grow with the projected cumulative annular growth rate on the account of rising demand for higher yielding crops, along with concerns toward degrading soil quality. The concerns toward the depleting quality of the agricultural land and thus lack of nutrients in the food crop is further aiding the growth of the India bio stimulants market in the upcoming five years. The agriculture sector in the country is one of the most economical sectors for the country’s GDP. India is the largest agriculture revenue generating country in the Asia Pacific region. The dependency of the farmers and cultivators on the bio stimulants is rapidly increasing due to sustainable agricultural practices in the sector. Moreover, number of market players functional in the product manufacturing is increasing rapidly. Latest product launches and customized product solutions is further driving the growth of the India bio stimulants market in the next five years. Research and technological advancements are also aiding the market growth. Use of bio stimulants increases the higher yielding crops, thus increasing the incomes of the farmers and cultivators, thus aiding the growth of the India bio stimulants market in the future five years. Growing demand for improved farming practices and improving agricultural practices is substantiating the robust growth of the India bio stimulants market in the forecast years until FY2027. Although, lack of awareness about the overuse of the product may put a mild restraint on the future growth of the India bio stimulants market.

The India bio stimulants market is segmented by active ingredient, mode of application, crop type, form, source, regional distribution, top 3 states analysis in each region, and competitional landscape. Based on active ingredient, the market is further bifurcated into acid based, microbial, seaweed extracts, and other. Acid based bio stimulants are anticipated to earn the largest revenue shares and dominate the market segment in the upcoming five years on the account of advanced products available in the market. Moreover, acid based bio stimulants include products of fulvic, humic, and amino acids. Phytohormones in the amino acids aid in activating the metabolic systems of plants and seed germination. Processes like fruit setting, flowering, pollination, and fruit development in the plant are stimulated due to the usage of acid based bio stimulants, thereby supporting the growth of the India bio stimulants market in the next five years.

Some of the top players in the India bio stimulants market is UPL Limited, DCM Shriram Farm Solutions, Biostadt India Limited, BASF India Ltd., T. Stanes & Company Limited, Acadian Seaplants Ltd (ASL), Valagro India, Devi Cropscience Pvt Ltd, Sadguru Chemicals & Fertilizers, Gayatri Herbals Pvt.Ltd, among others. Major market players are actively dedicated in the research and development of the advanced products such that the consumer’s demand could be fulfilled. Consistent research ensures the future launches for the better products and services. With rapidly surging demand for the advanced products, the new market entrants would be able to establish their brand and thus their market-place. Other strategies include collaborations and partnerships with the pre-existing market players or the research institutes such that government funding can be availed for the product development.

Years considered for this report:

Historical Years: FY2017 – FY2020

Base Year: FY2021

Estimated Year: FY2022

Forecast Period: FY2023 – FY2027

Objective of the Study:

  • To analyze the historical growth of the market size of India bio stimulants market from FY2017 to FY2020.
  • To estimate and forecast the market size of India bio stimulants market from FY2021 to FY2027 and growth rate until FY2027. 
  • To classify and forecast India bio stimulants market based on active ingredient, mode of application, crop type, form, source, regional distribution, top 3 states analysis in each region, and competitional landscape.  
  • To identify dominant region or segment in the India bio stimulants market.
  • To identify drivers and challenges for India bio stimulants market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India bio stimulants market.
  • To identify and analyze the profile of leading players operating in India bio stimulants market.
  • To identify key sustainable strategies adopted by market players in India bio stimulants market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of India bio stimulants market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Bio stimulants manufacturers, end users, and other stakeholders
  • Distributers and suppliers of Bio stimulants and other stakeholders
  • Organizations, forums and alliances related to bio stimulants
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India Bio stimulants market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Bio stimulants Market, By Active Ingredient:
    • Acid Based
    • Microbial
    • Seaweed Extracts
    • Others
  • India Bio stimulants Market, By Mode of Application:

o   Foliar

o   Soil

o   Seed

  • India Bio stimulants Market, By Crop Type:
    • Row Crops & Cereals
    • Fruits & Vegetables
    • Turf & Ornamentals
    • Others
  • India Bio stimulants Market, By Form:
    • Liquid
    • Carrier-Based
  • India Bio stimulants Market, By Source:
    • Domestic
    • Import
  • India Bio stimulants Market, By Region:
    • South
    • West
    • North
    • East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India bio stimulants market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
India Bio stimulants Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Bio Stimulants Market

4.    Executive Summary

5.    Voice of Customer

6.    India Bio Stimulants Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Active Ingredient (Acid Based, Microbial, Seaweed Extracts, Others)

6.2.2.     By Mode of Application (Foliar, Soil, Seed)

6.2.3.     By Crop Type (Row Crops & Cereals, Fruits & Vegetables, Turf & Ornamentals, Others)

6.2.4.     By Form (Liquid v/s Dry)

6.2.5.     By Source (Domestic v/s Import)

6.2.6.     By Company (FY2021)

6.2.7.     By Region

6.3.  Product Market Map

7.    North India Bio Stimulants Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Active Ingredient

7.2.2.     By Mode of Application

7.2.3.     By Crop Type

7.2.4.     By Form

7.2.5.     By Source

7.2.6.     By State (Top 3 States)

8.    South India Bio Stimulants Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Active Ingredient

8.2.2.     By Mode of Application

8.2.3.     By Crop Type

8.2.4.     By Form

8.2.5.     By Source

8.2.6.     By State (Top 3 States)

9.    East India Bio Stimulants Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Active Ingredient

9.2.2.     By Mode of Application

9.2.3.     By Crop Type

9.2.4.     By Form

9.2.5.     By Source

9.2.6.     By State (Top 3 States)

10.  West India Bio Stimulants Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Active Ingredient

10.2.2.  By Mode of Application

10.2.3.  By Crop Type

10.2.4.  By Form

10.2.5.  By Source

10.2.6.  By State (Top 3 States)

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  Import-Export Analysis

15.  Demand Supply Scenario

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles

16.2.1.  UPL Limited

16.2.2.  DCM Shriram Farm Solutions

16.2.3.  Biostadt India Limited

16.2.4.  BASF India Ltd.

16.2.5.  T. Stanes & Company Limited

16.2.6.  Acadian Seaplants Ltd (ASL)

16.2.7.  Valagro India

16.2.8.  Devi Cropscience Pvt Ltd

16.2.9.  Sadguru Chemicals & Fertilizers

16.2.10.                Gayatri Herbals Pvt.Ltd

17.  Strategic Recommendations

18. About Us & Disclaimer

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