| Product Code: ETC10782222 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s pesticide import market saw a significant shift in 2024, with the top exporting countries being the USA, China, Japan, Germany, and the UK. The market concentration, as measured by the HHI, increased from moderate to high in 2024, indicating a more consolidated market. Despite a negative CAGR of -9.25% from 2020 to 2024, the growth rate improved slightly in 2024 with a decline of -7.39%. This data suggests a dynamic and evolving landscape for pesticide imports in India, with potential implications for market players and stakeholders to consider.
The India pesticide market is a dynamic and rapidly growing sector driven by the country`s large agricultural industry. With a focus on boosting crop yields and ensuring food security, the market is characterized by a wide range of products including insecticides, herbicides, fungicides, and others. The market is highly fragmented with both domestic and international players competing for market share. Key trends in the Indian pesticide market include increasing adoption of biopesticides, technological advancements in product formulations, and a growing focus on sustainable agriculture practices. Government initiatives to promote the use of quality pesticides, coupled with rising awareness among farmers about the benefits of crop protection products, are expected to drive further growth in the market.
The India pesticide market is experiencing a shift towards biopesticides and organic alternatives due to increasing awareness about the environmental and health impacts of chemical pesticides. Farmers are adopting integrated pest management strategies that emphasize the use of biopesticides derived from natural sources such as plants, microorganisms, and biochemicals. The government`s focus on promoting sustainable agriculture practices and reducing chemical residues in food products is also driving this trend. Additionally, advancements in technology and research are leading to the development of innovative, more effective biopesticide formulations that offer targeted pest control solutions. As a result, the demand for biopesticides is expected to continue growing in the Indian market, presenting opportunities for companies investing in sustainable agriculture solutions.
The India pesticide market faces several challenges, including regulatory hurdles, environmental concerns, and resistance issues. Regulatory changes and restrictions can impact the availability and use of certain pesticides, leading to market uncertainty. Environmental concerns related to the toxicity of pesticides and their impact on soil and water quality have led to increased scrutiny and calls for more sustainable and eco-friendly alternatives. Additionally, the rise of pesticide resistance in pests and weeds has necessitated the development of new formulations and strategies to combat these evolving threats. Balancing the need for effective pest control with sustainability and regulatory compliance remains a key challenge for players in the India pesticide market.
The India pesticide market presents several investment opportunities for savvy investors. With a growing population and increasing demand for food production, the agriculture sector in India relies heavily on pesticides to protect crops and enhance yields. Investors can consider opportunities in the manufacturing and distribution of pesticides, as well as investing in companies that specialize in research and development of innovative pesticide solutions. Additionally, there is a growing trend towards organic and environmentally-friendly pesticides, providing an opportunity for investment in companies focused on sustainable agriculture practices. Given the importance of agriculture in India`s economy, the pesticide market is poised for growth, making it an attractive investment option for those looking to capitalize on the country`s agricultural sector.
The Indian government has implemented various policies and regulations to govern the pesticide market in the country. The Insecticides Act of 1968 and the Pesticides Management Bill of 2008 are key legislations that regulate the manufacturing, distribution, sale, and use of pesticides in India. The government also established the Central Insecticides Board and Registration Committee to oversee the registration and regulation of pesticides. Additionally, the Ministry of Agriculture and Farmers Welfare periodically reviews and updates the list of banned and restricted pesticides to ensure environmental and human safety. The government aims to promote sustainable agricultural practices, reduce the environmental impact of pesticides, and safeguard public health through these policies and regulations in the Indian pesticide market.
The future outlook for the India pesticide market is expected to remain positive, driven by factors such as the increasing demand for food production due to a growing population, rising awareness about crop protection, and the need for higher agricultural productivity. Technological advancements in the development of more efficient and environmentally friendly pesticides are also likely to drive market growth. However, the market may face challenges related to regulatory pressures on the use of chemical pesticides, increasing awareness about the harmful effects of pesticides on human health and the environment, and the shift towards organic farming practices. Overall, the India pesticide market is anticipated to witness steady growth in the coming years as the agriculture sector continues to play a crucial role in the country`s economy.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Pesticide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Pesticide Market Revenues & Volume, 2021 & 2031F |
3.3 India Pesticide Market - Industry Life Cycle |
3.4 India Pesticide Market - Porter's Five Forces |
3.5 India Pesticide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Pesticide Market Revenues & Volume Share, By Chemical Class, 2021 & 2031F |
3.7 India Pesticide Market Revenues & Volume Share, By Mode of Action, 2021 & 2031F |
3.8 India Pesticide Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
3.9 India Pesticide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Pesticide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing population leading to higher demand for food production |
4.2.2 Growing awareness about the benefits of using pesticides for crop protection |
4.2.3 Government initiatives to promote agricultural productivity |
4.3 Market Restraints |
4.3.1 Stringent regulations on pesticide usage and environmental concerns |
4.3.2 Rising concerns about the health and safety risks associated with pesticide use |
5 India Pesticide Market Trends |
6 India Pesticide Market, By Types |
6.1 India Pesticide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Pesticide Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Pesticide Market Revenues & Volume, By Herbicides, 2021 - 2031F |
6.1.4 India Pesticide Market Revenues & Volume, By Insecticides, 2021 - 2031F |
6.1.5 India Pesticide Market Revenues & Volume, By Fungicides, 2021 - 2031F |
6.1.6 India Pesticide Market Revenues & Volume, By Rodenticides, 2021 - 2031F |
6.1.7 India Pesticide Market Revenues & Volume, By Bactericides, 2021 - 2031F |
6.2 India Pesticide Market, By Chemical Class |
6.2.1 Overview and Analysis |
6.2.2 India Pesticide Market Revenues & Volume, By Organophosphates, 2021 - 2031F |
6.2.3 India Pesticide Market Revenues & Volume, By Pyrethroids, 2021 - 2031F |
6.2.4 India Pesticide Market Revenues & Volume, By Triazoles, 2021 - 2031F |
6.2.5 India Pesticide Market Revenues & Volume, By Phenylpyrazoles, 2021 - 2031F |
6.2.6 India Pesticide Market Revenues & Volume, By Sulfonylureas, 2021 - 2031F |
6.3 India Pesticide Market, By Mode of Action |
6.3.1 Overview and Analysis |
6.3.2 India Pesticide Market Revenues & Volume, By Contact, 2021 - 2031F |
6.3.3 India Pesticide Market Revenues & Volume, By Systemic, 2021 - 2031F |
6.3.4 India Pesticide Market Revenues & Volume, By Translaminar, 2021 - 2031F |
6.3.5 India Pesticide Market Revenues & Volume, By Stomach Poison, 2021 - 2031F |
6.3.6 India Pesticide Market Revenues & Volume, By Residual, 2021 - 2031F |
6.4 India Pesticide Market, By Formulation |
6.4.1 Overview and Analysis |
6.4.2 India Pesticide Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4.3 India Pesticide Market Revenues & Volume, By Granules, 2021 - 2031F |
6.4.4 India Pesticide Market Revenues & Volume, By Emulsifiable Concentrate, 2021 - 2031F |
6.4.5 India Pesticide Market Revenues & Volume, By Wettable Powder, 2021 - 2031F |
6.4.6 India Pesticide Market Revenues & Volume, By Suspension, 2021 - 2031F |
6.5 India Pesticide Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 India Pesticide Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.5.3 India Pesticide Market Revenues & Volume, By Public Health, 2021 - 2031F |
6.5.4 India Pesticide Market Revenues & Volume, By Horticulture, 2021 - 2031F |
6.5.5 India Pesticide Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.5.6 India Pesticide Market Revenues & Volume, By Forestry, 2021 - 2031F |
7 India Pesticide Market Import-Export Trade Statistics |
7.1 India Pesticide Market Export to Major Countries |
7.2 India Pesticide Market Imports from Major Countries |
8 India Pesticide Market Key Performance Indicators |
8.1 Adoption rate of Integrated Pest Management (IPM) practices |
8.2 Usage of biopesticides and organic farming methods |
8.3 Investment in research and development of new, safer pesticide formulations |
9 India Pesticide Market - Opportunity Assessment |
9.1 India Pesticide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Pesticide Market Opportunity Assessment, By Chemical Class, 2021 & 2031F |
9.3 India Pesticide Market Opportunity Assessment, By Mode of Action, 2021 & 2031F |
9.4 India Pesticide Market Opportunity Assessment, By Formulation, 2021 & 2031F |
9.5 India Pesticide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Pesticide Market - Competitive Landscape |
10.1 India Pesticide Market Revenue Share, By Companies, 2024 |
10.2 India Pesticide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |