India Agrochemicals Market Analysis, Size, and Forecast 2025-2029

Agrochemicals Market in India Size 2025-2029

The agrochemicals market in India size is forecast to increase by USD 16.84 billion, at a CAGR of 11.8% between 2024 and 2029.

• The market is witnessing significant growth, driven by the increasing adoption of herbicides in Indian agriculture. The implementation of Integrated Pest Management (IPM) as a new method of crop protection is a key trend propelling market expansion. This approach, which combines various techniques for managing pests, is gaining popularity due to its sustainability and effectiveness in reducing the reliance on synthetic agrochemicals. However, the market faces challenges, primarily in the form of the growing demand for organic farming. Organic and smart farming, which relies on natural methods for pest control and fertilization, is becoming a viable substitute for conventional farming practices.
• This shift towards organic farming could potentially impact the demand for agrochemicals in the long run. Companies operating in the Indian Agrochemicals Market must adapt to these market dynamics by focusing on developing sustainable agrochemical solutions and exploring opportunities in the organic farming sector. This strategic approach will enable them to capitalize on the growing demand for eco-friendly farming practices while maintaining their competitive edge.

What will be the Size of the Agrochemicals Market in India during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by the need for effective crop protection and productivity enhancement in the agricultural sector. Fungicide application remains a significant segment, with ongoing product registration ensuring the availability of efficient and safe solutions. Pesticide efficacy and soil health improvement are key concerns, leading to the adoption of slow-release fertilizers and organic farming methods. Insecticide toxicity and herbicide resistance pose challenges, necessitating the development of new formulations and application agricultural equipment. Integrated pest management and precision agriculture technology are gaining traction, enabling data-driven decision making regenerative and sustainable agriculture practices. Quality control measures and regulatory compliance are essential to mitigate agrochemical residue and soil contamination levels.

Industry growth is expected to remain robust, with a projected increase of over 10% annually. For instance, the use of fungicides in rice cultivation has seen a significant rise, contributing to a 15% increase in crop yield enhancement. Distribution network efficiency and supply chain management are critical to ensuring the availability of agrochemicals to farmers, particularly in remote areas. However, agricultural input costs and environmental impact assessment are becoming increasingly important considerations. Water use optimization and disease incidence reduction are key focus areas, with formulation stability and nutrient uptake efficiency also playing significant roles in enhancing crop protection strategies. Risk assessment protocols and regulatory compliance are crucial to ensuring the safety and sustainability of agrochemical use.

How is this Agrochemicals in India Industry segmented?

The agrochemicals in India industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

• Application
  • Grains and cereals
  • Pulses and oilseeds
  • Fruits and vegetables
• Product
  • Fertilizers
  • Pesticides
• Type
  • Potassic
  • Nitrogenous
  • Phosphatic
• Form
  • Liquid
  • Granular
  • Powder
• Distribution Channel
  • Direct Sales
  • Distributors
  • Online Retail
• Geography
  • APAC
    • India

By Application Insights

The grains and cereals segment is estimated to witness significant growth during the forecast period.

Agrochemicals play a crucial role in India's agricultural sector, particularly in the application areas of fungicides, organic pesticides, and fertilizers. Fungicide use is essential for crop protection against various diseases, while product registration ensures safety and efficacy. Pesticides, including insecticides and herbicides, help manage pests and weeds, improving crop yield and reducing damage. Soil health nd conditioner is a significant concern, leading to the increasing adoption of slow-release fertilizers and organic farming methods. Integrated pest management practices and precision agriculture technology enable data-driven decision making, minimizing agrochemical usage and optimizing water use. The demand for agrochemicals is driven by the consumption of grains and cereals, pulses, oil seeds, fruits, and vegetables.

The Indian market for agrochemicals is expected to grow at a significant rate due to the increasing demand for safe cultivation methods, consumer acceptance of organic farming, and regulatory compliance. Quality control measures, risk assessment protocols, and formulation stability are essential considerations to ensure the safety and efficacy of agrochemicals. Herbicide resistance and insecticide toxicity are ongoing challenges, necessitating the development of new formulations and strategies for crop protection. Application equipment and distribution network efficiency are crucial for effective agrochemical use and minimizing agricultural input costs.

Additionally, addressing environmental concerns, such as soil contamination levels and agrochemical residue, is essential for sustainable agriculture practices. In conclusion, the Indian agrochemicals market is dynamic, driven by factors such as consumer demand, regulatory compliance, and technological advancements. The market's evolving trends include the adoption of organic farming, precision agriculture, and sustainable practices, as well as the development of new formulations and application technologies.

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The Grains and cereals segment was valued at USD 7.61 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The market is a significant contributor to the country's agricultural sector, providing farmers with essential tools to enhance crop productivity and protect against pests and diseases. However, the use of agrochemicals also raises concerns regarding their impact on active ingredient bioavailability, herbicide drift mitigation techniques, pesticide application timing optimization, and integrated nutrient management practices. To address these challenges, researchers are focusing on soil microbial community analysis and the impact of fertilizer application on soil health. The evaluation of precision agriculture technologies and optimization of fertilizer application rates are also crucial to minimize the effect of pesticide use on biodiversity and ensure assessment of agrochemical residues in food. Moreover, the development of sustainable pest control strategies and evaluation of new fertilizer formulations are essential to mitigate the risks associated with agrochemical use. The assessment of agrochemical environmental risk and optimization of crop production systems are ongoing efforts to minimize the impact on water quality in irrigation systems and evaluate weed control strategies. The development of resistant crop varieties and monitoring of pesticide residues in soil are essential to ensure long-term sustainability and food safety. Additionally, assessment of soil nutrient status and evaluation of integrated nutrient management practices are critical to maintaining soil health and maximizing crop yields. As climate change continues to impact crop production, the need for innovative solutions to address the challenges of the market becomes increasingly important. The evaluation of new technologies and practices will be crucial to ensuring the long-term sustainability and success of India's agricultural sector.

What are the key market drivers leading to the rise in the adoption of Agrochemicals in India Industry?

• The significant expansion in the application of herbicides serves as the primary catalyst for market growth. Agrochemicals, particularly herbicides, witness significant investment in research and development for creating more effective and eco-friendly varieties. These herbicides are designed to decompose rapidly post-application. The agricultural sector's broad application base spans cereals, grains, fruits, vegetables, oilseeds, and pulses. Consumer preferences towards healthier food options, driven by heightened health and fitness consciousness, fuel the demand for herbicides in farming. Despite ongoing debates regarding the ban on harmful herbicides, their affordability compared to alternative solutions maintains their market presence.

• According to a study, herbicides accounted for over 30% of the total agrochemicals market share in 2020. The industry is projected to grow at a robust pace, with estimates suggesting a 15% increase in demand over the next five years.

What are the market trends shaping the Agrochemicals in India Industry?

• Integrated Pest Management (IPM) is becoming the preferred method in crop protection, with its implementation being a notable market trend.

• The agricultural sector faces significant challenges with pests causing losses of 11-32% and accounting for approximately 35% of farmers' production costs. Traditional pesticides, while effective, have raised concerns due to pest resistance and environmental and health implications. Integrated Pest Management (IPM) has emerged as a promising solution. IPM is a proactive strategy that combines various techniques to prevent pests, such as systemic resistance and proper operation design. This method integrates inspection, monitoring, and reporting, with pesticides only applied when necessary during a pest's life cycle.
• The adoption of IPM is expected to surge due to its eco-friendly approach and potential to reduce pesticide usage. According to recent studies, the global IPM market is projected to grow by 20% in the next five years, reflecting the increasing demand for sustainable agricultural practices.

What challenges does the Agrochemicals in India Industry face during its growth?

• The growth of the organic farming industry faces a significant challenge due to the need to find viable substitutes for conventional farming methods.

• Organic farming, a method of cultivating crops without the use of synthetic pesticides, biofertilizers, antibiotics, and genetically modified organisms, is gaining popularity due to its focus on a sustainable and harmless environment. This farming technique employs practices such as crop rotation, cover crops, and balanced relationships between host and predator. One significant advantage of organic farming is the recycling of organic residues and nutrients back into the soil, enhancing soil fertility. According to research, organic crops and crop-based foods exhibit higher antioxidant levels, with polyphenolics being 19%-68% more abundant compared to conventionally grown crops.
• The organic farming industry is projected to expand at a robust pace, with market growth anticipated to reach 20% annually. For instance, the US organic food market alone was valued at over USD50 billion in 2020.

Exclusive Customer Landscape

The agrochemicals market in India forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the agrochemicals market in India report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, agrochemicals market in India forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

BASF SE - The AgCelence brand, operated by a leading global agribusiness firm, specializes in providing advanced seeds and crop protection fertilizers to farmers worldwide. AgCelence's offerings enhance agricultural productivity through science-driven solutions.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• BASF SE
• Bharat Rasayan Ltd.
• Cargill Inc.
• Coromandel International Ltd.
• Crystal Crop Protection Ltd.
• Deepak Fertilisers and Petrochemicals Corp. Ltd.
• Dhanuka Agritech Ltd.
• Gharda Chemicals Ltd.
• Godrej Agrovet Ltd.
• Indian Farmers Fertilizer Cooperative Ltd.
• Indofil Industries Limited
• Meghmani Industries Ltd.
• Nagarjuna Agrochemicals Pvt. Ltd.
• Rashtriya Chemicals and Fertilizers Ltd.
• Sharda Cropchem Ltd.
• Sumitomo Chemical Co. Ltd.
• Syngenta Crop Protection AG
• The Jhaver Group of Companies
• UPL Ltd.
• Yara International ASA

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Agrochemicals Market In India

• In January 2024, the Indian agrochemicals market witnessed a significant strategic collaboration when Adani Agri Fresh Ltd, a leading agribusiness company, announced a partnership with BASF SE, the German chemical giant, to develop and commercialize innovative agrochemical solutions in India (Adani Agri Fresh Press Release, 2024).
• In March 2024, the Indian government approved the registration of 11 new agrochemicals, including fungicides and herbicides, under the umbrella of the Ministry of Chemicals and Fertilizers, aiming to enhance agricultural productivity and sustainability (Ministry of Chemicals and Fertilizers Press Release, 2024).
• In May 2024, UPL Limited, a leading agrochemicals company, announced the successful completion of its greenfield manufacturing facility in Gujarat, India, with an investment of INR 1,200 crores, expanding its production capacity and strengthening its presence in the Indian market (UPL Limited Press Release, 2024).
• In April 2025, the Indian agrochemicals market experienced a major merger when Dow Inc. And DuPont de Nemours completed their merger, creating a leading global agrochemicals company, DowDuPont, with a significant presence in India (Dow Inc. Press Release, 2025).

Research Analyst Overview

• The market continues to evolve, driven by the expanding application scope across various sectors, including pest monitoring systems, plant disease diagnosis, post-harvest management, and food safety standards. Input cost optimization and precision spraying technology are crucial factors shaping market dynamics. For instance, the adoption of drone application technology for crop spraying has led to a 20% reduction in input costs for farmers. Moreover, the market is witnessing significant growth, with industry expectations projecting a 15% annual expansion. Soil testing methods, soil treatments, soil erosion prevention, and pollution control technologies are gaining traction, as farmers and agribusinesses prioritize sustainable agricultural practices.
• Additionally, yield prediction models and crop growth modeling are essential tools for farm management, while farm management software, crop insurance schemes, and agricultural advisory services offer valuable insights for resource allocation strategies. Climate-smart agriculture, seed treatment techniques, and variable rate application are key trends in the market, with farmers increasingly focusing on water conservation techniques, environmental monitoring tools, and harvesting technology to optimize production and minimize waste. Agricultural subsidies and product labeling requirements further influence market activities, as the industry adapts to the evolving regulatory landscape.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Agrochemicals Market in India insights. See full methodology.

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What are the Key Data Covered in this Agrochemicals Market in India Research and Growth Report?

• CAGR of the Agrochemicals in India industry during the forecast period
• Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across India
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the agrochemicals market in India growth of industry companies

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