Indian Bio Agriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 134 Pages I IMARC Group
The Indian bio agriculture market size reached INR 62,249 Million in 2022. Looking forward, IMARC Group expects the market to reach INR 97,147 Million by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.
Bio agriculture is a method of growing high-quality and nutritious produce without the use of significant amounts of conventional fertilizers and pesticides. It relies on aerobic compost and associated liquid inoculums, bio-fertilizers and other organic additives and good management techniques to build optimum soil. It protects the environment by reducing water contamination with chemicals and pesticides. It assists in cropping cycles, increasing the organic materials and stimulating the reproduction of animals and plants. At present, there is a rise in the demand for bio agriculture in India as it reduces the use of non-renewable energy while decreasing global warming.
Indian Bio Agriculture Market Trends:
The growing awareness among the masses about the benefits of bio-fertilizers, biofuels, and bio-pesticides represents one of the key factors driving the market in India. Moreover, there is an increase in the demand for bio agriculture for breeding nutritious, high-yielding, and less resource input-demanding crops. This, along with the surging demand for food due to the rising population in the country, is propelling the growth of the market. In addition, the escalating demand for organic food products as they are grown naturally with manure or compost is positively influencing the market. Besides this, the increasing health consciousness among the masses is offering lucrative growth opportunities to industry investors in India. Apart from this, the Government of India is promoting sustainable agriculture due to degrading topsoil, declining groundwater levels, and reducing biodiversity. In line with this, farmers are focusing on bio agriculture due to the reduced health risks resulting from the use of toxic substances, which is strengthening the growth of the market
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Indian bio agriculture market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on segment.
Breakup by Segment:
Transgenic Crops
Biofertilizers
Biopesticides
Transgenic crops exhibit a clear dominance in the market of India as they help produce an increased supply of food with reduced cost and longer shelf life
Breakup by Region:
North India
South India
East India
West India
West India holds the largest market share on account of the rising awareness among the farmers about the benefits of bio agriculture.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.
Key Questions Answered in This Report:
How has the Indian bio agriculture market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Indian bio agriculture market?
What is the breakup of the Indian bio agriculture market on the basis of various segments?
What is the breakup of the Indian bio agriculture industry on the basis of region?
What are the various stages in the value chain of the Indian bio agriculture industry?
What are the key driving factors and challenges in the Indian bio agriculture industry?
What is the structure of the Indian bio agriculture industry and who are the key players?
What is the degree of competition in the Indian bio agriculture industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Indian Bio Agriculture Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Value Trends
5.2.2 Volume Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Segment
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Research and Development
5.8.3 Inputs
5.8.4 Production
5.8.5 Marketing
5.8.6 Distribution
5.8.7 End-Use
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Price Analysis
5.10.1 Key Price Indicators
5.10.2 Price Structure
5.10.3 Margin Analysis
6 Market Breakup by Segment
6.1 Transgenic Crops
6.1.1 Current and Historical Market Trends
6.1.2 Competitive Landscape
6.1.3 Market Forecast
6.2 Biofertilizers
6.2.1 Current and Historical Market Trends
6.2.2 Competitive Landscape
6.2.3 Market Forecast
6.3 Biopesticides
6.3.1 Current and Historical Market Trends
6.3.2 Competitive Landscape
6.3.3 Market Forecast
7 Market Breakup by Region
7.1 North India
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 South India
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 East India
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 West India
7.4.1 Market Trends
7.4.2 Market Forecast
8 Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Profiles of Key Players
Figure 1: India: Bio Agriculture Market: Major Drivers and Challenges
Figure 2: India: Bio Agriculture Market: Sales Value (in Million INR), 2017-2022
Figure 3: India: Bio Agriculture Market: Sales Volume (in Metric Tons), 2017-2022
Figure 4: India: Bio Agriculture Market: Breakup by Segment (in %), 2022
Figure 5: India: Bio Agriculture Market: Breakup by Region (in %), 2022
Figure 6: India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 7: India: Bio Agriculture Market Forecast: Sales Volume (in Metric Tons), 2023-2028
Figure 8: Bio-fertilizer Market: Price Structure
Figure 9: India: Bio Agriculture Industry: SWOT Analysis
Figure 10: India: Bio Agriculture Industry: Value Chain Analysis
Figure 11: India: Bio Agriculture Industry: Porter's Five Forces Analysis
Figure 12: India: Bio Agriculture Market (Transgenic Crops): Sales Value (in Million INR), 2017-2022
Figure 13: India: Bio Agriculture Market Forecast (Transgenic Crops): Sales Value (in Million INR), 2023-2028
Figure 14: India: Bio Agriculture Market (Biofertilizers): Sales Value (in Million INR), 2017-2022
Figure 15: India: Bio Agriculture Market Forecast (Biofertilizers): Sales Value (in Million INR), 2023-2028
Figure 16: India: Bio Agriculture Market (Biopesticides): Sales Value (in Million INR), 2017-2022
Figure 17: India: Bio Agriculture Market Forecast (Biopesticides): Sales Value (in Million INR), 2023-2028
Figure 18: North India: Bio Agriculture Market: Sales Value (in Million INR), 2017-2022
Figure 19: North India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 20: South India: Bio Agriculture Market: Sales Value (in Million INR), 2017-2022
Figure 21: South India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 22: East India: Bio Agriculture Market: Sales Value (in Million INR), 2017-2022
Figure 23: East India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2023-2028
Figure 24: West India: Bio Agriculture Market: Sales Value (in Million INR), 2017-2022
Figure 25: West India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2023-2028
Table 1: India: Bio Agriculture Market: Key Industry Highlights, 2022 and 2028
Table 2: India: Bio Agriculture Market Forecast: Breakup by Segment (in Million INR), 2023-2028
Table 3: India: Bio Agriculture Market Forecast: Breakup by Region (in Million INR), 2023-2028
Table 4: India: Bio Agriculture Market: Competitive Structure
Table 5: India: Bio Agriculture Market: Key Players
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