| Product Code: ETC4593805 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India herbicides market import shipments demonstrated a steady growth trend with a CAGR of 11.6% from 2020 to 2024. However, there was a slight slowdown in growth from 2023 to 2024 with a growth rate of 5.3%. Overall, the market expanded robustly but showed a moderation in momentum towards the end of the period.
The herbicides market in India is integral to modern agriculture, enabling efficient weed control and increasing crop yields. With the adoption of genetically modified crops and herbicide-tolerant varieties, herbicides have become a key component in India farming. However, there is a growing awareness of environmental and health concerns associated with herbicide use, leading to discussions around sustainable alternatives and responsible application.
The India herbicides market is experiencing growth driven by several factors. Herbicides are essential for weed control in agriculture, ensuring the healthy growth of crops. The increasing demand for high-yield and quality crops to meet the country`s food requirements is a significant driver. Herbicides provide an efficient and cost-effective means of weed management, which can lead to increased agricultural productivity. Moreover, the adoption of herbicide-resistant genetically modified crops has further driven the use of herbicides. In addition, government initiatives and support for weed management practices have contributed to the expansion of the herbicides market.
The herbicides market in India faces challenges associated with weed resistance to commonly used herbicides. Additionally, the push towards sustainable and organic farming practices creates a dilemma for farmers who are seeking effective weed control while minimizing chemical usage. Balancing these conflicting interests is a key challenge.
The herbicides market in India faced challenges during the COVID-19 pandemic as restrictions affected the agriculture sector. Disruptions in the supply chain, labor shortages, and transportation issues impacted herbicide availability and application. While there was a short-term decline in market activity, the long-term prospects remain positive as the agriculture sector is crucial to India economy.
Key participants in the herbicides market in India are UPL Limited, Bayer CropScience, Syngenta, Dhanuka Agritech, and PI Industries.
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 Herbicides Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Herbicides Market Revenues & Volume, 2021 & 2031F |
3.3 India Herbicides Market - Industry Life Cycle |
3.4 India Herbicides Market - Porter's Five Forces |
3.5 India Herbicides Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Herbicides Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.7 India Herbicides Market Revenues & Volume Share, By Mode of Action, 2021 & 2031F |
4 India Herbicides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of modern farming practices in India |
4.2.2 Growing awareness among farmers about the benefits of herbicides |
4.2.3 Government initiatives to promote agriculture productivity |
4.3 Market Restraints |
4.3.1 Concerns over environmental impact of herbicides |
4.3.2 Resistance development in weeds against herbicides |
4.3.3 Challenges in reaching and educating small-scale farmers |
5 India Herbicides Market Trends |
6 India Herbicides Market, By Types |
6.1 India Herbicides Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Herbicides Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Herbicides Market Revenues & Volume, By Glyphosate, 2021-2031F |
6.1.4 India Herbicides Market Revenues & Volume, By 2, 2021-2031F |
6.1.5 India Herbicides Market Revenues & Volume, By 4-D, 2021-2031F |
6.1.6 India Herbicides Market Revenues & Volume, By Diquat, 2021-2031F |
6.2 India Herbicides Market, By Crop Type |
6.2.1 Overview and Analysis |
6.2.2 India Herbicides Market Revenues & Volume, By Cereals & Grains, 2021-2031F |
6.2.3 India Herbicides Market Revenues & Volume, By Oilseeds & Pulses, 2021-2031F |
6.2.4 India Herbicides Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F |
6.3 India Herbicides Market, By Mode of Action |
6.3.1 Overview and Analysis |
6.3.2 India Herbicides Market Revenues & Volume, By Non-selective, 2021-2031F |
6.3.3 India Herbicides Market Revenues & Volume, By Selective, 2021-2031F |
7 India Herbicides Market Import-Export Trade Statistics |
7.1 India Herbicides Market Export to Major Countries |
7.2 India Herbicides Market Imports from Major Countries |
8 India Herbicides Market Key Performance Indicators |
8.1 Adoption rate of integrated weed management practices |
8.2 Usage of herbicide-tolerant crop varieties |
8.3 Investment in research and development for sustainable herbicide solutions |
9 India Herbicides Market - Opportunity Assessment |
9.1 India Herbicides Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Herbicides Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.3 India Herbicides Market Opportunity Assessment, By Mode of Action, 2021 & 2031F |
10 India Herbicides Market - Competitive Landscape |
10.1 India Herbicides Market Revenue Share, By Companies, 2024 |
10.2 India Herbicides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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