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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?

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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.

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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 k

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 27 percent and 22 percent market share that year respectively.

The India Crop Protection Chemicals Market report segments the industry into Function (Fungicide, Herbicide, Insecticide, Molluscicide, Nematicide), Application Mode (Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment), and Crop Type (Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental). Get five years of historical data alongside five-year market forecasts.

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.

India Agrochemical Industry Report is Segmented Into Product Type (Fertilizers, Pesticides, Adjuvants, and Plant Growth Regulators) and Application (Crop-Based and Non-Crop-Based). The Report Offers Market Size and Forecasts for the Market in Terms of Value (USD) for all the Above Segments.

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India Agrochemicals Market Size 2025-2029

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

The market is experiencing significant growth, driven by the increasing adoption of herbicides to enhance crop productivity and mitigate the challenges of pest infestations. One of the major drivers is the increasing use of herbicides to enhance crop productivity and protect against weeds. Another trend is the implementation of Integrated Pest Management (IPM) as a new method of crop protection, which reduces the reliance on synthetic agrochemicals and promotes organic pesticides and sustainable farming practices. However, regulatory hurdles impact adoption, with stringent regulations governing the use and production of agrochemicals. Additionally, supply chain inconsistencies temper growth potential, as the market relies heavily on imports to meet domestic demand.
Organic farming, with its focus on natural farming practices, presents a viable substitute for agrochemicals. As consumer awareness about the health risks associated with chemical-based farming grows, the demand for organic produce is on the rise. Companies seeking to capitalize on market opportunities must navigate these challenges effectively by adhering to regulatory guidelines, building robust supply chains, and investing in research and development to create sustainable agrochemical solutions.

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

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The Indian agrochemical industry encompasses a wide range of products and practices, including nitrogen, phosphorus, and potassium fertilizers, agricultural drones, farm management software, and biotechnology advancements. Consumer awareness regarding food traceability and quality is on the rise, driving the adoption of precision spraying, yield monitoring, and sensor networks. Sustainable practices such as no-till farming, crop rotation, cover cropping, and organic certification are gaining traction, pushing the industry towards climate resilience and environmental protection. Government regulations play a significant role in shaping the market dynamics, with input subsidies and incentives influencing the use of agrochemicals. Agricultural innovation, such as variable rate application and biocontrol agents, is crucial for addressing food security challenges and improving yields.
The agricultural value chain, from production to distribution, is being transformed by agrochemical logistics and food labeling. Sustainable intensification, a key focus for the future, involves optimizing resource use and reducing environmental impact through practices like precision agriculture and soil amendments. The integration of technology, such as drones and sensor networks, and the adoption of sustainable practices are essential for the long-term growth and success of the agrochemical industry in India.

How is this market segmented?

The market 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


Geography

  APAC

    India

By Application Insights

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

Agrochemicals play a significant role in India's agricultural sector, particularly in the cultivation of grains and cereals, pulses and oil seeds, and fruits and vegetables. The increasing consumption of these crops, driven by consumer preferences for healthier food options, fuels the demand for agrochemicals. Additionally, the adoption of sustainable farming practices, including precision agriculture, irrigation systems, and soil health management, relies on the use of agrochemicals for optimal crop yield and quality. Customer satisfaction is a critical factor in the market, with farmers seeking high-performing agrochemical solutions that ensure food safety and regulatory compliance. Agrochemical distribution networks have expanded to include retail channels, ensuring easy access to farmers.

Research and development in agricultural technology, such as machine learning, artificial intelligence, and remote sensing, are driving innovation in the sector. Climate change poses a significant challenge to agricultural productivity, leading to the adoption of crop monitoring and yield forecasting technologies. Sustainability is a growing concern, with a focus on reducing the environmental impact of agrochemicals through integrated pest management, nutrient management, and soil erosion prevention. Agrochemical formulations are subject to rigo

In 2024, the Indian pesticide market decreased by -3.9% to $7.4B, falling for the second year in a row after six years of growth. Overall, the total consumption indicated moderate growth from 2012 to 2024: its value increased at an average annual rate of +3.2% 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 -9.4% against 2022 indices.

BASF India was the leading pesticides and agrochemicals company in India based on net sales worth over 137 billion Indian rupees as of November 2024. The company was followed by PI Industries, which ranked in second place with net sales of roughly 71.2 billion Indian rupees.

The Indian pesticide market, a significant segment of the global agricultural industry, is experiencing robust growth driven by several factors. Intensification of agriculture, increasing adoption of high-yielding crop varieties, and the growing prevalence of crop pests and diseases are key drivers. The market is segmented by pesticide type (fungicides, herbicides, insecticides, etc.), application method (foliar, soil treatment, etc.), and crop type (grains, fruits & vegetables, etc.). While precise figures for India's market size are unavailable from the provided text, considering the global market size and CAGR (which is also missing), and assuming India constitutes a sizeable portion of the Asian market (given its agricultural importance), a reasonable estimation of the 2025 market size for India would be in the range of $2-3 billion USD. This figure is, of course, an approximation based on contextual understanding of the Indian agricultural sector and global trends. The CAGR, assuming a moderate growth rate given the factors mentioned, can be reasonably placed at 5-7% for the forecast period (2025-2033). Significant growth opportunities lie in the expanding commercial crop sector and the rising demand for high-efficiency pesticides. However, the market faces constraints such as stringent regulatory approvals, concerns regarding environmental impact, and the increasing adoption of integrated pest management (IPM) strategies which can reduce reliance on chemical pesticides. Furthermore, the cost of pesticides and fluctuating weather patterns pose challenges to sustained growth. The competitive landscape involves both multinational corporations (like BASF, Bayer, Syngenta) and domestic players, vying for market share through innovation in product development, and effective distribution networks catering to the diverse needs of Indian farmers. Future growth will depend on factors such as government policies promoting sustainable agriculture, technological advancements in pesticide formulation, and farmer awareness about responsible pesticide use. 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.

Pesticides Market Outlook

The global pesticides market size was valued at approximately USD 93.5 billion in 2023 and is projected to reach around USD 130.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.8% during the forecast period. This growth is primarily driven by the increasing need to enhance agricultural productivity to feed the rising global population. The ongoing demand for sustainable agricultural practices and the adoption of advanced farming technologies have further bolstered the market's expansion. As global food demand continues to soar, the pesticide industry is poised for steady growth, supported by innovations in formulation and application techniques that aim to increase efficiency while reducing environmental impact.

One of the most significant growth factors in the pesticides market is the continuous advancement in bio-pesticides and integrated pest management programs. Bio-pesticides, derived from natural materials such as plants, bacteria, and certain minerals, are increasingly being adopted as a safer alternative to conventional chemical pesticides. This shift is largely due to rising awareness about the adverse environmental and health impacts associated with synthetic pesticides. Furthermore, integrated pest management (IPM) strategies are being promoted extensively, wherein farmers use a combination of cultural, biological, and chemical methods to manage pests in an environmentally and economically sustainable way. This trend is expected to reduce reliance on chemical pesticides and further stimulate market growth.

Another key factor fueling the growth of the pesticides market is the increasing demand for food safety and quality. With the rise in consumer awareness about food safety, there is a heightened scrutiny over the use of pesticides in agriculture, leading to stricter regulatory frameworks globally. These regulations are encouraging the development and usage of more efficient and less harmful pesticide formulations. Additionally, the agricultural sector is increasingly focusing on crop protection to minimize losses due to pests and diseases. This is particularly crucial in regions that experience frequent weather fluctuations and pest outbreaks, as effective pesticide use can significantly boost crop yields and quality, ensuring consistent food supply and security.

The rapid growth of sustainable and precision agriculture practices is also significantly impacting the pesticides market. Farmers are embracing precision agriculture technologies, which utilize data analytics, GPS, and IoT devices to optimize pesticide usage, thereby reducing waste and environmental impact. This technological integration aids in the precise application of pesticides, minimizing their use, and ensuring that only the necessary amounts are applied to the crops. The adoption of such technologies is becoming increasingly prevalent in developed regions and is gradually gaining traction in developing countries as well, driven by the need for sustainable agricultural practices and cost-effective farming solutions.

Regionally, the Asia Pacific dominates the pesticides market and is expected to continue its supremacy throughout the forecast period. The region’s substantial agricultural base, coupled with rapidly growing populations and increasing food demand, drives the need for effective crop protection solutions. Countries such as China and India are significant contributors to this growth, owing to their extensive arable land and government initiatives promoting modern agricultural practices. Meanwhile, North America and Europe are experiencing slower growth due to stringent environmental regulations and a shift towards organic farming. Latin America and the Middle East & Africa are emerging markets, with increasing investments in agriculture and infrastructural developments boosting pesticide demand.

Product Type Analysis

The pesticides market is segmented by product type into herbicides, insecticides, fungicides, and others, with each category catering to specific agricultural needs. Herbicides represent the largest segment, driven by the widespread need to control unwanted vegetation that competes with crops for nutrients, sunlight, and water. These chemicals are essential in modern agriculture for their ability to increase crop yield and quality efficiently. The adoption of herbicide-resistant genetically modified crops is also propelling this segment's growth, allowing farmers to apply herbicides without damaging the actual crops. Moreover, innovations in developing selective herbicides that target only specific weed species are enhancing their appeal and

India Pesticide Formulation Market is anticipated to project impressive growth in the forecast period with a CAGR of 8.92% through 2029.

India Pesticides Market Size, Share & Analysis 2026 By Type (Insecticides, Herbicides, etc), By Application (Cotton, Paddy, Plantation etc), By Region, Competition Forecast & Opportunities

In fiscal year 2019, the Indian pesticide industry saw investments amounting to over 73 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 29 billion rupees. India's agrochemical industry is well-established with a favorable market condition and an eye towards global expansion.

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 551 billion Indian rupees. UPL came in second, with a market capitalization of about 499.19 billion Indian rupees.

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.

The report covers various aspects such as market size of India pesticides market, segmentation on the basis of type of pesticides, crops, industry structure i.e. organized and unorganized, regional consumption, import and indigenous pesticides and others..

In fiscal year 2023, the production of mancozab in India was about 83,620 metric tons. This was the pesticide with by far the highest production output in the country. The insecticide 2,4 D followed with a production of roughly 41,960 metric tons.

Non Crop Pesticide Market Outlook

The global non-crop pesticide market size is projected to grow from USD 25.6 billion in 2023 to USD 37.8 billion by 2032, registering a compound annual growth rate (CAGR) of 4.4% during the forecast period. This growth is primarily driven by increasing awareness about public health and hygiene, which is amplifying the usage of pesticides in non-agricultural sectors. The demand for non-crop pesticides is also being propelled by urbanization, which necessitates pest control in residential, commercial, and industrial settings.

One of the major growth factors for the non-crop pesticide market is the growing concern over vector-borne diseases, such as malaria, dengue, and Zika virus, which are primarily spread by mosquitoes. Governments and healthcare organizations across the globe are investing significantly in pest control measures to curb the spread of these diseases. This has led to an increased demand for insecticides and other pest control products, significantly driving the market growth. The rising focus on public health and safety standards further boosts the adoption of non-crop pesticides.

Urbanization and industrialization are also critical drivers of the non-crop pesticide market. As more people migrate to urban areas, the need for maintaining hygiene in public spaces, residential buildings, and commercial establishments has become paramount. Industrial growth has similarly necessitated effective pest control measures to protect assets and ensure compliance with health regulations. These factors collectively contribute to the rising demand for non-crop pesticides in various sectors, thereby propelling market growth.

Technological advancements and innovations in pesticide formulations also play a substantial role in market expansion. With the development of more effective and environmentally friendly pesticides, the adoption rate has surged. Investments in research and development are leading to the creation of innovative products that offer better pest control while minimizing adverse environmental impacts. The push towards sustainable and eco-friendly pest control solutions is likely to further drive market growth in the coming years.

From a regional perspective, the Asia Pacific region is expected to be the fastest-growing market for non-crop pesticides, largely due to the rapid urbanization and industrialization in countries like China and India. The North American market, on the other hand, is driven by stringent regulatory standards and a high awareness of public health and hygiene. Europe also presents significant growth opportunities due to the increasing focus on sustainable pest control solutions and the presence of major market players in the region. Latin America and the Middle East & Africa are also expected to witness moderate growth, driven by improving economic conditions and urban development.

Product Type Analysis

Herbicides are an essential segment within the non-crop pesticide market, owing to their widespread use in managing unwanted vegetation in various non-agricultural contexts. These products are crucial for maintaining the aesthetics and functionality of residential lawns, public parks, and commercial landscapes. The demand for herbicides is particularly high in urban areas where the need for aesthetic landscaping is paramount. Furthermore, herbicides are extensively used in industrial areas to manage weed growth that could obstruct machinery and pose safety hazards. The development of specialized herbicides that target specific weed species while being environmentally friendly is expected to drive this segment's growth.

Insecticides form another significant segment, driven by the need to control insect populations in urban, residential, and commercial settings. With the increasing prevalence of vector-borne diseases, the demand for insecticides has skyrocketed. These products are vital for ensuring public health and preventing the spread of diseases like malaria and dengue. Innovations in insecticide formulations, including the development of long-lasting and highly effective products, are expected to sustain this segment’s growth. The rising focus on integrated pest management practices, which involve the strategic use of insecticides, also contributes to the growth of this market segment.

Fungicides play a crucial role in managing fungal growth in various non-crop settings, including residential gardens, golf courses, and public parks. These products are essential for maintaining the health and appearance of plants and turf in these areas. The

In fiscal year 2023, the compound annual growth rate of alphamethrin production in India was about 9.1 percent. In total, insecticides, and pesticides production across the south Asian country had a growth rate of about 4.5 percent compounded annually.

The report covers Indian Pesticides Industry Trends, Indian Pesticides Industry Top Service Providers, Indian Pesticides Industry Competitors, Indian Pesticides Industry Emerging Players.