Snapshot img

India Pesticide Market Size 2025-2029

The india pesticide market size is forecast to increase by USD 571.4 million million at a CAGR of 4% between 2024 and 2029.

The Indian pesticide market presents significant growth opportunities for global investors, driven by the expanding agricultural sector and increasing demand for food production. A key trend in the market is the increased use of herbicides, which is expected to continue due to their efficiency and cost-effectiveness in managing weeds and enhancing crop yields. Another emerging trend is the expanding applications of nano-insecticides, which offer superior efficacy, reduced environmental impact, and increased safety for farmers and consumers. However, the market also faces challenges, including the presence of alternative techniques for pesticide use, such as organic farming and integrated pest management. Additionally, stringent regulations regarding the use and disposal of synthetic pesticides are increasing, which may limit market growth. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on developing innovative, sustainable, and cost-effective pesticide solutions that meet regulatory requirements and address the evolving needs of Indian farmers. Additionally, partnerships and collaborations with local players and government agencies can help companies gain a strong foothold in the market and build long-term relationships with customers.

What will be the size of the India Pesticide Market during the forecast period?

Request Free Sample

The Indian pesticide market plays a crucial role in enhancing agricultural productivity and ensuring food security by mitigating crop damage caused by pests, diseases, and blemishes. With increasing food demands due to population growth and urbanization levels, the market for pesticide substances in India has experienced significant growth. Arable land in India, which is the second-most populous country in the world, faces numerous challenges, including pest infestations that can lead to substantial crop damage and reduced yield of produce for both plants and animals. To address these challenges, various training initiatives have been implemented to educate farmers on the proper use and application of pesticides. The Indian government also provides credit facilities and farm loans to encourage the adoption of modern agricultural practices, including the use of pesticides. Despite these efforts, the market faces ongoing pressure to ensure the safe and sustainable use of pesticides to minimize potential harm to the environment and human health.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductHerbicidesInsecticidesFungicidesOthersCrop TypeCereals and grainsVegetables and fruitsOilseeds and pulsesCommercial cropsOthersTypeSynthetic pesticidesBiopesticidesFormulationLiquidGranulesPowderGelsGeographyIndia

By Product Insights

The herbicides segment is estimated to witness significant growth during the forecast period.

Herbicides play a crucial role in Indian agriculture, particularly in large-scale farming operations, by enhancing productivity and ensuring food security through the control of unwanted vegetation. With expanding population levels and increasing urbanization, the demand for quality produce is on the rise. The Indian government has implemented various schemes and subsidies to promote the use of certified pesticides, adhering to international standards. Farmers rely on herbicides to protect crops from identified pest problems, ensuring average crop yields and meeting food demands. Herbicides are applied using appropriate methods and chemicals during agricultural operations on arable land. Companies are investing in research and development to produce effective and eco-friendly herbicides. Despite the significance of herbicides in the last few decades, challenges such as crop damage, yield loss, and access to credit facilities remain. However, the usage of herbicides continues to be a vital aspect of agricultural production, food availability, and population sustenance.

Get a glance at the market share of various segments Request Free Sample

The Herbicides segment was valued at USD 1062.90 million 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.

What are the key market drivers leading to the rise in adoption of India Pesticide Market?

Increased use of herbicides is the key driver of the market. The Indian pesticid

In fiscal year 2023, the pesticide production volume amounted to 258 thousand metric tons across India. The chemical industry in the country is highly diversified. With coverage of over thousands of products, the south Asian country was one of the leading producers of chemicals in the world. Pesticide industry in India The pesticide industry in India is a billion-dollar industry. To enhance agricultural production and meet the food requirements of its growing population, the use of pesticides has been on a rise in the country. In financial year 2024, there was a positive annual growth rate in the production volume of pesticides in the country. Mancozab emerged as the most produced pesticide in India during the fiscal year 2023, with an output of 83,620 metric tons. Market dynamics and future outlook India's pesticide and agrochemical market is highly competitive, with PI Industries leading in market capitalization at 551 billion Indian rupees as of February 2025. UPL follows closely behind, indicating a vibrant and evolving industry landscape.

The India Insecticide Market Report is Segmented by Application Mode (Chemigation, Foliar, Fumigation, and More) and Crop Type (Commercial Crops, Fruits and Vegetables, Grains and Cereals, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

BASF India was the leading pesticides and agrochemicals company in India based on net sales worth over *** billion Indian rupees as of November 2024. The company was followed by PI Industries, which ranked in second place with net sales of roughly **** billion Indian rupees.

The India Agrochemical Industry Report is Segmented by Product Type (Fertilizers, Pesticides, Adjuvants, Plant Growth Regulators), Application (Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops). The Market Forecasts are Provided in Terms of Value (USD).

Snapshot img

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.
Request Free Sample

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

The Pesticide Industry in India size was valued at USD 245 Million in 2023 and is projected to reach USD 241 Million by 2032, exhibiting a CAGR of 5.31 % during the forecasts periods. Recent developments include: January 2023: Bayer formed a new partnership with Oerth Bio to enhance crop protection technology and create more eco-friendly crop protection solutions.September 2022: FMC launched Talstar Plus Insecticide to protect Indian farmers of groundnut, cotton, and sugarcane crops from sucking and chewing pests.September 2022: FMC India launched Corprima, an insecticide that combines the company's Rynaxypyr insect control technology to provide crop protection against fruit borers, a major problem for Indian farmers.. Key drivers for this market are: Seed Treatment As A Solution To Enhance Yield, Growing Awareness For Seed Treatment Among The Farmers; Rising Trend Of Organic Farming. Potential restraints include: Limitations Across Farm-Level Seed Treatment, Rising Environmental Concerns. Notable trends are: The market for pesticides is driven by increasing pest and disease incidence.

As of Decemeber 2023, herbicides had the largest market share in the pesticide market in India. Insecticides protect the crops by either killing the insects or by preventing their attack based on their type of application. The use of fungicides and insecticides was growing at a fast rate and had a ** percent and ** percent market share that year respectively.

The India Crop Protection Chemicals (Pesticides) Market Report is Segmented by Function (Insecticide, Herbicide, Fungicide, Molluscicide, and More), by Application Mode (Foliar, Seed Treatment, Soil Treatment, Chemigation, and More), by Crop Type (Grains and Cereals, Fruits and Vegetables, Commercial Crops, Pulses and Oilseeds, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Snapshot img

Agricultural Pesticides Market Size 2025-2029

The agricultural pesticides market size is forecast to increase by USD 24.62 billion at a CAGR of 4.1% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increased use of herbicides is a major factor driving market expansion, as farmers seek to enhance crop yields and protect their crops from pests and weeds. Additionally, the continuous launch of new pesticide products is contributing to market growth. These pesticides include herbicides, insecticides, fungicides, acaricides, bactericides, and other pest control agents. 
However, the regulatory environment poses a challenge for market participants. Farmers continue to seek effective and sustainable pesticide solutions to maintain yields and ensure the production of fresh fruits and vegetables and other agricultural products. Strict regulations regarding the use of agricultural pesticides, particularly those with potential health and environmental risks, are increasing. Producers must comply with these regulations to maintain market access and mitigate potential legal and reputational risks. Overall, the market is expected to continue its growth trajectory, with a focus on innovation and regulatory compliance.

What will be the Size of the Agricultural Pesticides Market During the Forecast Period?

Request Free Sample

The market encompasses a range of products used by farmers to manage pests, weeds, fungi, insects, and other organisms that threaten the health and productivity of plants. The market is driven by the need to protect cash crops and export products from damage caused by local pest species.
However, the rise of organic food production and increasing concerns over pesticide resistance have led to growing demand for non-insecticidal and alternative pest management solutions. Farmers continue to seek effective and sustainable pesticide solutions to maintain yields and ensure the production of fresh fruits and vegetables and other agricultural products. Despite these challenges, the market is expected to grow due to the ongoing demand for food production and the need to mitigate losses from pests and diseases.

How is this Agricultural Pesticides Industry segmented and which is the largest segment?

The agricultural pesticides 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.

Type

  Herbicides
  Insecticides
  Fungicides and bactericides
  Others


Product

  Synthetic pesticides
  Biopesticides


Geography

  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil
    Argentina


  Europe

    Germany
    UK
    France


  North America

    US


  Middle East and Africa

By Type Insights

The herbicides segment is estimated to witness significant growth during the forecast period. The market encompasses a range of products used for managing pests, weeds, fungi, and insects in plants and crops. Herbicides, a significant segment, are employed to eradicate unwanted weeds and herbs, preserving crop yield. Notable herbicides include glyphosate, bio-herbicides, 2,4-D, paraquat, acetochlor, and atrazine. Glyphosate, a widely used herbicide, is available in gel and powder forms. However, herbicide resistance among pests and crops poses a significant challenge to market growth. This resistance is observed in various pests, including weeds, fungi, insects, and even nematodes. Other pesticide categories include insecticides, fungicides, nematicides, and rodenticides. Organic food production and modern farming techniques, including intensive farming and precision agriculture, also influence market dynamics. Climatic conditions, fluctuations, and irregular rainfall impact crop production and pest management strategies. Pesticide resistance, local pest species, and regulations governing the use of agrochemicals are key factors shaping the market landscape.

Get a glance at the share of various segments. Request Free Sample

The herbicides segment was valued at USD 42.23 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

The market in APAC experiences significant growth due to the expanding agricultural sector and increasing population. With approximately 30% of the world's arable land and nearly 60% of the global human population, APAC is the leading consumer of pesticides. The market expansion is fueled by the adoption o

Discover the booming Indian pesticide market! This in-depth analysis reveals key trends, growth drivers, and challenges impacting the industry's future, including market size projections, regional breakdowns, and leading players. Learn about the opportunities and constraints within fungicides, herbicides, insecticides, and more. Recent developments include: January 2023: Bayer formed a new partnership with Oerth Bio to enhance crop protection technology and create more eco-friendly crop protection solutions.September 2022: FMC launched Talstar Plus Insecticide to protect Indian farmers of groundnut, cotton, and sugarcane crops from sucking and chewing pests.September 2022: FMC India launched Corprima, an insecticide that combines the company's Rynaxypyr insect control technology to provide crop protection against fruit borers, a major problem for Indian farmers.. Notable trends are: The market for pesticides is driven by increasing pest and disease incidence.

In fiscal year 2019, the Indian pesticide industry saw investments amounting to over ** billion Indian rupees. This was a big jump in the value of investments in just three years, when compared to fiscal year 2016 when the total investment value was around ** billion rupees. India's agrochemical industry is well-established with a favorable market condition and an eye towards global expansion.

In 2024, the Indian pesticide market decreased by -0.2% to $7.9B, falling for the second consecutive year after six years of growth. Overall, the total consumption indicated a pronounced increase from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -5.9% against 2022 indices.

The size of the India Agrochemicals Market was valued at USD 33.16 billion in 2023 and is projected to reach USD 51.53 billion by 2032, with an expected CAGR of 6.5 % during the forecast period. Recent developments include: In March 2023, Bayer CropScience Limited and Superplum formed a strategic partnership focusing on sustainable crop protection. Bayer's expertise in crop science and innovative technologies combined with Superplum's digital farming platforms aimed to optimize pest management and reduce chemical usage. The collaboration leveraged data analytics and AI-driven insights to enhance crop health, productivity, and environmental sustainability. The partnership emphasized farmer education and the adoption of integrated pest management practices for long-term resilience in agriculture. Overall, the alliance aimed to create a holistic approach to crop protection, promoting environmentally friendly and efficient farming practices. , In January 2021, UPL partnered with TeleSense, a provider of IoT-based grain monitoring solutions, to address post-harvest challenges in the agricultural supply chain. The collaboration aimed to leverage TeleSense's advanced sensors, data analytics, and AI-powered predictive insights to monitor grain quality, storage conditions, and pest infestations in real-time. By integrating TeleSense's technology with UPL's expertise in crop protection and post-harvest management, the partnership sought to optimize storage practices, reduce spoilage, and improve grain quality throughout the storage and transportation phases. , In April 2024, ADAMA introduced Forapro, a cereal fungicide for revolutionizing disease control and crop yields. Forapro offers robust protection against a broad range of fungal diseases that commonly affect cereals like wheat, barley, and oats. Its innovative formula incorporates multiple modes of action, ensuring unparalleled effectiveness in combating evolving pathogens. Additionally, Forapro is designed to enhance plant health and resilience, ultimately resulting in increased yields and superior crop quality. This launch signifies a significant leap forward in sustainable agriculture, equipping farmers with a potent solution to safeguard their investments and bolster global food security. , In December 2023, Sumitomo Chemical, announced plans to establish a new agrochemical plant in India, marking a significant investment in the country's agricultural sector. This strategic move by Sumitomo Chemical underscores its commitment to serving the growing demand for agricultural solutions in India and the broader Asia-Pacific region. The new plant is expected to leverage advanced technologies and sustainable practices to manufacture a wide range of agrochemical products aimed at enhancing crop productivity, quality, and sustainability. By setting up a local manufacturing facility, Sumitomo Chemical aims to strengthen its market presence, improve supply chain efficiency, and cater to the specific needs of Indian farmers while contributing to the country's agricultural growth and food security initiatives. This investment also reflects confidence in India's favorable business environment, skilled workforce, and potential for long-term growth in the agrochemical sector. , In November 2023, India Pesticides Limited (IIL) expanded its product portfolio by launching four new crop protection solutions: "GreenGuard Pro" for effective pest control, "BioShield Max" for disease management, "YieldBoost Pro" for enhancing crop yields, and "QualityGuard Plus" for improving crop quality. This launch marked the company's growth trajectory and commitment to agricultural innovation. These new solutions are designed to address key challenges faced by farmers, ranging from pest and disease management to enhancing crop yields and quality.IIL's strategic focus on research and development has enabled the development of cutting-edge formulations and technologies, ensuring that the new crop protection solutions are effective, sustainable, and environmentally friendly. , In April 2021, Azelis India expanded their business by acquiring Spectrum Chemicals and Nortons Exim, increasing their presence in the agrochemicals, home care, and specialty chemicals segments for industrial applications. This strategic acquisition not only expanded Azelis India's product portfolio but also strengthened their market position, allowing the company to offer a wider range of innovative solutions to its customers in India and beyond. With Spectrum Chemicals' expertise in agrochemicals and Nortons Exim's specialization in specialty chemicals for industrial applications, Azelis India gained access to new technologies, capabilities, and customer networks, enabling it to deliver enhanced value and customized solutions across various sectors. .

India pesticide market is anticipated to witness impressive growth during the forecasted period due to increasing aware about health & food safety.

India Agrochemicals Market size is valued at around USD 8.22 billion in 2025 and is expected to reach USD 11.76 billion by 2030 at 7.43% CAGR during 2026-30.

As of February 2025, PI Industries was the leading pesticide and agrochemical company in India, in terms of market capitalization, with a value of around *** billion Indian rupees. UPL came in second, with a market capitalization of about ****** billion Indian rupees.

The Agrochemical Market in India size was valued at USD 8.22 Million in 2023 and is projected to reach USD 10.82 Million by 2032, exhibiting a CAGR of 4.00 % during the forecasts periods. Recent developments include: March 2022: FMC India Introduced Corprima,' a New Insecticide for Tomato & Okra Crops. Corprima is a novel insecticide that provides higher pest control and improved flower and fruit retention, resulting in larger, higher-quality harvests., February 2022: Crystal Crop Protection Limited launched its new product HOLA, a post-emergent herbicide to protect sugarcane crops from weeds across the country., March 2021: FMC Corporation collaborated on a long-term strategic partnership with UPL Limited to supply Rynaxypr active (insecticide) for use in its product formulations.. Key drivers for this market are: Adoption of Organic and Eco-friendly Farming Practices, Declining Area of Arable Land and Rising Food Security Concerns. Potential restraints include: High Demand for Conventional and Synthetic Products, Lack of Awareness and Other Factors Limiting the Adoption of Agricultural Inoculants. Notable trends are: Increasing Population Leads to Increased Food Demand.

*This dataset provides year-wise details of the market share of biopesticides in the pesticide market in India for the financial years 2017-18 to 2021-22. The data has been sourced from data.gov.in, an initiative of the Government of India to promote open data sharing and usage.*

Key Features of the Dataset:

Time Frame: Covers the financial years 2017-18 to 2021-22.

Metrics: Includes total pesticide market size and biopesticide market share as a percentage.

The dataset includes information:

Total pesticide market size in India.

Market share of biopesticides (in percentage).

This data is useful for agricultural researchers, policymakers, environmental scientists, and those exploring trends in sustainable farming practices.

Source and Licensing:

Source: Year-wise details of market share of biopesticides in the pesticide market in the country (2017-18 to 2021-22).

Released Under: National Data Sharing and Accessibility Policy (NDSAP)

Contributor: Rajya Sabha

Domain: Open Government Data (OGD) Platform India

Published On: 30/05/2023

Updated On: 23/01/2024

https://www.data.gov.in/resource/year-wise-details-market-share-biopesticides-pesticide-market-country-2017-18-2021-22

License: This dataset is licensed under the Government Open Data License – India (GODL). For more details on the license, visit: GODL License Terms - https://www.data.gov.in/Godl

No Endorsement: The Government of India does not endorse this work or its conclusions.

DISCLAIMER: Please independently verify the data and it's derivation(s) before applying it to research or decision-making.

IMARC’s new report “Indian Agrochemicals Market Report & Forecast: 2012-2017” provides an analytical and statistical insight into the Indian agrochemicals market. The report has segmented the Indian agrochemicals market into two segments – fertilizers and pesticides. For each of the aforementioned categories, the report provides:

• Historical & current sales
• Historical & current volumes
• Market drivers
• Competitive landscape
• Performance of various segments
• Market forecast

The research study serves as an exceptional tool to understand the market trends, structure, competitive landscape and the outlook of the Indian agrochemicals market till 2017-18. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the Indian agrochemicals market in some form or the other.

Key Questions Answered in this Report:

• What is the size and breakup of the agrochemicals market in India?
• What has been the historical performance of the Indian fertilizer market during 2005-06 - 2011-12 and its outlook till 2017-18?
• What has been the performance of key classes in the Indian fertilizer market?
• What is the competitive structure of the Indian fertilizer market?
• What has been the historical performance of the Indian pesticides market during 2005-06 - 2011-12 and its outlook till 2017-18?
• What has been the performance of key classes in the Indian pesticides market?
• What is the competitive structure of the Indian pesticides market?

Information Sources: Information has been sourced from both primary and secondary sources:

• Primary sources include industry surveys and face to face/telephone interviews with industry experts.
• Secondary sources include proprietary databases and search engines. These sources include company websites and reports, books, trade journals, magazines, white papers, industry portals, government sources and access to more than 4000 paid databases.