Market Forecast By Application (Herbicides, Insecticides, Fungicides), By Crop Type (Cereals & grains, Oilseeds & Pulses, Fruits & Vegetables) And Competitive Landscape
Product Code: ETC4592605 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India crop oil concentrates market import shipment demonstrated a steady growth trend with a CAGR of 6.3% from 2020 to 2024. However, there was a slight slowdown in growth between 2023 and 2024, with a negative growth rate of -5.1%. Overall, the market expanded but showed signs of stabilization towards the end of the period.
Report Name | India Crop Oil Concentrates Market |
Forecast period | 2025-2031 |
CAGR | 5.2% |
Growing Sector | Pharmaceutical |
The India Crop Oil Concentrates Market Report thoroughly covers the market by application and crop type. The India Crop Oil Concentrates Market Outlook report provides an unbiased and detailed analysis of the ongoing India Crop Oil Concentrates Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India crop oil concentrates market has been witnessing steady growth in recent years. The demand for these products has been increasing due to the rising awareness about the health benefits of using natural products. As a result, many farmers and agricultural companies have started investing in the production and marketing of crop oil concentrates.
According to 6Wresearch, the India Crop Oil Concentrates Market size is projected to rise at a CAGR of 5.2% during 2025-2031. One of the major drivers of the India crop oil concentrates market is the rising population and changing dietary habits. As more people are shifting towards a healthier lifestyle, there is a growing demand for high-quality food products. Crop oil concentrates are used in the production of various foods such as dairy, bakery, and confectionery products.Moreover, with advancements in technology, crop oil concentrates can now be produced more efficiently and economically. This has resulted in an increase in their production, making them more accessible and affordable for farmers. Additionally, the use of crop oil concentrates has been proven to enhance crop yield and quality, further driving its demand among farmers across India. These factors are stimulating the India Crop Oil Concentrates Market growth.
One of the major challenges is the lack of awareness among small-scale farmers about the benefits of using crop oil concentrates. Many farmers in India still rely on traditional farming methods and are not aware of the potential benefits that crop oil concentrates can offer. This calls for government initiatives to educate and train farmers about the use and benefits of crop oil concentrates, which will ultimately boost its demand.
One of the key players in the India crop oil concentrates market is Adama Agricultural Solutions Ltd., which offers a wide range of products for pest management, plant nutrition, and soil health. Other major players include BASF SE, Dow AgroSciences LLC, and Bayer CropScience. These companies are investing heavily in research and development to introduce new and innovative products to meet the changing needs of Indian farmers.
The Indian government has also been taking various initiatives to promote the use of crop oil concentrates in agriculture. The Department of Agriculture Cooperation & Farmers Welfare (DAC&FW) has implemented several schemes and programs to increase the adoption of modern agricultural practices, including the use of crop oil concentrates. The Indian Council of Agricultural Research (ICAR) has also been conducting research on improving the efficacy and safety of these products.
The crop oil concentrates market in India is expected to witness significant growth over the forecast period. This can be attributed to increasing government initiatives and support towards sustainable agriculture practices, which includes promoting the use of crop oil concentrates. Moreover, with rising concerns about food security and sustainability, there is a growing need for efficient farming practices that can increase crop yield while minimizing environmental impact. Crop oil concentrates have proven to be an effective solution in this regard, and its demand is expected to rise as more farmers become aware of its benefits.
According to Prakhar, Senior Research Analyst, 6Wresearch, herbicides are the most common type of weed control used by farmers in India. As they target specific plants without harming the soil or other crops, herbicides are highly popular among farmers.
The cereal & grains segment is currently witnessing significant growth in the Indian market. This can be attributed to the increasing demand for staple food crops such as wheat, rice, and maize in the country.
The report provides a detailed analysis of the following market segments:
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 Crop Oil Concentrates Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Crop Oil Concentrates Market Revenues & Volume, 2021 & 2031F |
3.3 India Crop Oil Concentrates Market - Industry Life Cycle |
3.4 India Crop Oil Concentrates Market - Porter's Five Forces |
3.5 India Crop Oil Concentrates Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Crop Oil Concentrates Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 India Crop Oil Concentrates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for healthy and organic food products driving the consumption of crop oil concentrates. |
4.2.2 Growth in the food processing industry in India leading to higher usage of crop oil concentrates as ingredients. |
4.2.3 Government initiatives promoting sustainable agriculture practices and use of crop oil concentrates in farming. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of crop oil concentrates. |
4.3.2 Lack of awareness among farmers and consumers about the benefits of using crop oil concentrates. |
4.3.3 Regulatory challenges and quality control issues affecting the market growth. |
5 India Crop Oil Concentrates Market Trends |
6 India Crop Oil Concentrates Market, By Types |
6.1 India Crop Oil Concentrates Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Crop Oil Concentrates Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 India Crop Oil Concentrates Market Revenues & Volume, By Herbicides, 2021 - 2031F |
6.1.4 India Crop Oil Concentrates Market Revenues & Volume, By Insecticides, 2021 - 2031F |
6.1.5 India Crop Oil Concentrates Market Revenues & Volume, By Fungicides, 2021 - 2031F |
6.2 India Crop Oil Concentrates Market, By Crop Type |
6.2.1 Overview and Analysis |
6.2.2 India Crop Oil Concentrates Market Revenues & Volume, By Cereals & grains, 2021 - 2031F |
6.2.3 India Crop Oil Concentrates Market Revenues & Volume, By Oilseeds & Pulses, 2021 - 2031F |
6.2.4 India Crop Oil Concentrates Market Revenues & Volume, By Fruits & Vegetables, 2021 - 2031F |
7 India Crop Oil Concentrates Market Import-Export Trade Statistics |
7.1 India Crop Oil Concentrates Market Export to Major Countries |
7.2 India Crop Oil Concentrates Market Imports from Major Countries |
8 India Crop Oil Concentrates Market Key Performance Indicators |
8.1 Adoption rate of crop oil concentrates by food processing companies in India. |
8.2 Number of sustainable agriculture programs incorporating the use of crop oil concentrates. |
8.3 Percentage of farmers using crop oil concentrates in their agricultural practices. |
8.4 Research and development investments in innovative crop oil concentrate products. |
8.5 Environmental impact assessments related to the production and usage of crop oil concentrates. |
9 India Crop Oil Concentrates Market - Opportunity Assessment |
9.1 India Crop Oil Concentrates Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Crop Oil Concentrates Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 India Crop Oil Concentrates Market - Competitive Landscape |
10.1 India Crop Oil Concentrates Market Revenue Share, By Companies, 2024 |
10.2 India Crop Oil Concentrates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |