Report
Agrochemicals Market In India 2025-2029
India Agrochemicals Market Size 2025-2029
The India agrochemicals market is projected to expand by USD 16.87 billion, growing at a compound annual growth rate (CAGR) of 11.7% between 2024 and 2029. This growth is primarily driven by the increasing adoption of herbicides, which help enhance crop productivity and manage pest infestations. The market is also witnessing the rising implementation of Integrated Pest Management (IPM), a sustainable crop protection approach that reduces reliance on synthetic agrochemicals and promotes the use of organic pesticides and eco-friendly farming practices. Despite this positive trajectory, stringent regulatory frameworks governing the production and use of agrochemicals pose significant challenges. Moreover, supply chain inconsistencies, especially due to heavy dependence on imports for meeting domestic demand, temper the growth potential of the sector.
Organic farming, focusing on natural and sustainable cultivation methods, presents a viable alternative to conventional agrochemical use. Growing consumer awareness about the health risks associated with chemical-based farming is fueling demand for organic produce. Companies seeking to capitalize on this market must navigate regulatory compliance, strengthen supply chain resilience, and invest substantially in research and development to offer sustainable agrochemical solutions.
The Indian agrochemical industry encompasses a broad portfolio, including nitrogen, phosphorus, and potassium fertilizers, agricultural drones, farm management software, and biotechnology innovations. Increasing consumer focus on food quality and traceability is encouraging the adoption of precision spraying, yield monitoring, and sensor networks. Sustainable farming practices such as no-till farming, crop rotation, cover cropping, and organic certification are gaining traction, contributing to environmental protection and climate resilience. Government policies, including input subsidies and incentives, play a critical role in shaping agrochemical use. Additionally, advancements such as variable rate application and biocontrol agents are essential to improving productivity and addressing food security challenges.
The agricultural value chain, from production to distribution, is undergoing transformation driven by improved agrochemical logistics and food labeling practices. Sustainable intensification, aiming to optimize resource utilization and reduce environmental impact through precision agriculture and soil amendments, is increasingly prioritized. The integration of emerging technologies, such as drones and sensor networks, alongside sustainable farming practices, is fundamental for the agrochemical industry's long-term success in India.
Market Drivers
A key driver for the sector’s growth is the substantial increase in herbicide use. Herbicides play a vital role across Indian agriculture, with considerable investments directed toward the development of more effective and environmentally friendly formulations. These herbicides, designed to degrade rapidly after application, are extensively applied to cereals, grains, fruits, vegetables, oilseeds, and pulses. The growing consumer preference for healthier food, supported by increasing awareness of agricultural inputs, further boosts demand. Although concerns regarding the safety of certain herbicides have led to bans, cost-effectiveness sustains their continued market presence.
The expansion of retail and distribution networks facilitates greater accessibility of agrochemical products to farmers. Moreover, technological integration, including drone technology and digital agriculture platforms, is revolutionizing the industry by enhancing precision and operational efficiency. Brand loyalty remains an influential factor, largely determined by product quality and reliability.
Market Trends
Integrated Pest Management (IPM) is gaining significant momentum as an innovative and sustainable crop protection strategy. IPM prioritizes environmentally friendly pest control methods over exclusive reliance on chemical pesticides. Additionally, genetically modified crops and crop biotechnology continue to contribute significantly to improved farm productivity and customer satisfaction. However, growing concerns over soil health and the increasing adoption of precision agriculture technologies—such as machine learning and automated irrigation systems—are reshaping farming practices. IPM strategies emphasize prevention by fostering systemic resistance and designing systems that create unfavorable conditions for pests, supplemented by inspection, monitoring, and reporting to reduce pesticide use and mitigate pest resistance and environmental impacts.
Technological advancements, including crop insurance and optimized supply chain management, further enhance the efficiency and profitability of agricultural operations.
Challenges
Despite growth opportunities, organic farming faces significant challenges in identifying effective substitutes for conventional agrochemical-based practices. Organic farming—characterized by the exclusion of synthetic pesticides, fertilizers, antibiotics, and genetically modified organisms—is gaining prominence due to its focus on sustainability and food security. This farming method relies on natural techniques such as crop rotation, cover cropping, and maintaining balanced host-predator relationships. The recycling of organic residues into the soil improves land fertility. Regulatory compliance is maintained via the Permitted Substances List, which specifies allowable pesticides for organic farming. Organic crops typically exhibit higher nutritional value, with antioxidants ranging between 19% and 68% more than conventionally cultivated counterparts.
Given the implications of climate change, sustainable farming methods like organic agriculture are critical for environmental preservation and maintaining crop yields. Quality control and nutrient management are crucial components of organic farming and necessitate pricing strategies that reflect elevated production costs.
Key Companies & Market Insights
Leading companies in the Indian agrochemicals market are pursuing strategies such as strategic alliances, market forecast partnerships, mergers and acquisitions, geographic expansion, and new product launches to strengthen their market position. The market research report provides a detailed analysis of the competitive landscape and profiles key players, 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., and Yara International ASA.
A qualitative and quantitative evaluation of these companies assists clients in understanding the broader market environment as well as the strengths and weaknesses of key participants. Companies are classified qualitatively as pure-play, category-focused, industry-focused, or diversified, and quantitatively as dominant, leading, strong, tentative, or weak.
TABLE OF CONTENTS
1 Executive Summary
1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
- Exhibit 08: Parent market
- Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
- Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
- Exhibit 11: Market segments
3.3 Market size 2025
3.4 Market outlook: Forecast for 2025-2029
- Exhibit 12: Chart on India - Market size and forecast 2025-2029 ($ million)
- Exhibit 13: Data Table on India - Market size and forecast 2025-2029 ($ million)
- Exhibit 14: Chart on India: Year-over-year growth 2025-2029 (%)
- Exhibit 15: Data Table on India: Year-over-year growth 2025-2029 (%)
4 Historic Market Size
4.1 Agrochemicals market in India 2022 - 2024
- Exhibit 16: Historic Market Size – Data Table on agrochemicals market in India 2022 -2024 ($ million)
4.2 Application Segment Analysis 2022 - 2024
- Exhibit 17: Historic Market Size – Application Segment 2022 - 2024 ($ million)
4.3 Product Segment Analysis 2022 - 2024
- Exhibit 18: Historic Market Size – Product Segment 2022 - 2024 ($ million)
4.4 Type Segment Analysis 2022 - 2024
- Exhibit 19: Historic Market Size – Type Segment 2022 - 2024 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
- Exhibit 20: Five forces analysis - Comparison between 2025 and 2029
5.2 Bargaining power of buyers
- Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2025 and 2029
5.3 Bargaining power of suppliers
- Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2025 and 2029
5.4 Threat of new entrants
- Exhibit 23: Threat of new entrants – Impact of key factors in 2025 and 2029
5.5 Threat of substitutes
- Exhibit 24: Threat of substitutes – Impact of key factors in 2025 and 2029
5.6 Threat of rivalry
- Exhibit 25: Threat of rivalry – Impact of key factors in 2025 and 2029
5.7 Market condition
- Exhibit 26: Chart on Market condition - Five forces 2025 and 2029
6 Market Segmentation by Application
6.1 Market segments
- Exhibit 27: Chart on Application - Market share 2025-2029 (%)
- Exhibit 28: Data Table on Application - Market share 2025-2029 (%)
6.2 Comparison by Application
- Exhibit 29: Chart on Comparison by Application
- Exhibit 30: Data Table on Comparison by Application
6.3 Grains and cereals - Market size and forecast 2025-2029
- Exhibit 31: Chart on Grains and cereals - Market size and forecast 2025-2029 ($ million)
- Exhibit 32: Data Table on Grains and cereals - Market size and forecast 2025-2029 ($million)
- Exhibit 33: Chart on Grains and cereals - Year-over-year growth 2025-2029 (%)
- Exhibit 34: Data Table on Grains and cereals - Year-over-year growth 2025-2029 (%) .. 54
6.4 Pulses and oilseeds - Market size and forecast 2025-2029
- Exhibit 35: Chart on Pulses and oilseeds - Market size and forecast 2025-2029 ($ million)
- Exhibit 36: Data Table on Pulses and oilseeds - Market size and forecast 2025-2029 ($million)
- Exhibit 37: Chart on Pulses and oilseeds - Year-over-year growth 2025-2029 (%)
- Exhibit 38: Data Table on Pulses and oilseeds - Year-over-year growth 2025-2029 (%)
6.5 Fruits and vegetables - Market size and forecast 2025-2029
- Exhibit 39: Chart on Fruits and vegetables - Market size and forecast 2025-2029 ($million)
- Exhibit 40: Data Table on Fruits and vegetables - Market size and forecast 2025-2029 ($million)
- Exhibit 41: Chart on Fruits and vegetables - Year-over-year growth 2025-2029 (%)
- Exhibit 42: Data Table on Fruits and vegetables - Year-over-year growth 2025-2029 (%)
6.6 Market opportunity by Application
- Exhibit 43: Market opportunity by Application ($ million)
- Exhibit 44: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Product
7.1 Market segments
- Exhibit 45: Chart on Product - Market share 2025-2029 (%)
- Exhibit 46: Data Table on Product - Market share 2025-2029 (%)
7.2 Comparison by Product
- Exhibit 47: Chart on Comparison by Product
- Exhibit 48: Data Table on Comparison by Product
7.3 Fertilizers - Market size and forecast 2025-2029
- Exhibit 49: Chart on Fertilizers - Market size and forecast 2025-2029 ($ million)
- Exhibit 50: Data Table on Fertilizers - Market size and forecast 2025-2029 ($ million)
- Exhibit 51: Chart on Fertilizers - Year-over-year growth 2025-2029 (%)
- Exhibit 52: Data Table on Fertilizers - Year-over-year growth 2025-2029 (%)
7.4 Pesticides - Market size and forecast 2025-2029
- Exhibit 53: Chart on Pesticides - Market size and forecast 2025-2029 ($ million)
- Exhibit 54: Data Table on Pesticides - Market size and forecast 2025-2029 ($ million)
- Exhibit 55: Chart on Pesticides - Year-over-year growth 2025-2029 (%)
- Exhibit 56: Data Table on Pesticides - Year-over-year growth 2025-2029 (%)
7.5 Market opportunity by Product
- Exhibit 57: Market opportunity by Product ($ million)
- Exhibit 58: Data Table on Market opportunity by Product ($ million)
8 Market Segmentation by Type
8.1 Market segments
- Exhibit 59: Chart on Type - Market share 2025-2029 (%)
- Exhibit 60: Data Table on Type - Market share 2025-2029 (%)
8.2 Comparison by Type
- Exhibit 61: Chart on Comparison by Type
- Exhibit 62: Data Table on Comparison by Type
8.3 Potassic - Market size and forecast 2025-2029
- Exhibit 63: Chart on Potassic - Market size and forecast 2025-2029 ($ million)
- Exhibit 64: Data Table on Potassic - Market size and forecast 2025-2029 ($ million)
- Exhibit 65: Chart on Potassic - Year-over-year growth 2025-2029 (%)
- Exhibit 66: Data Table on Potassic - Year-over-year growth 2025-2029 (%)
8.4 Nitrogenous - Market size and forecast 2025-2029
- Exhibit 67: Chart on Nitrogenous - Market size and forecast 2025-2029 ($ million)
- Exhibit 68: Data Table on Nitrogenous - Market size and forecast 2025-2029 ($ million)
- Exhibit 69: Chart on Nitrogenous - Year-over-year growth 2025-2029 (%)
- Exhibit 70: Data Table on Nitrogenous - Year-over-year growth 2025-2029 (%)
8.5 Phosphatic - Market size and forecast 2025-2029
- Exhibit 71: Chart on Phosphatic - Market size and forecast 2025-2029 ($ million)
- Exhibit 72: Data Table on Phosphatic - Market size and forecast 2025-2029 ($ million)
- Exhibit 73: Chart on Phosphatic - Year-over-year growth 2025-2029 (%)
- Exhibit 74: Data Table on Phosphatic - Year-over-year growth 2025-2029 (%)
8.6 Market opportunity by Type
- Exhibit 75: Market opportunity by Type ($ million)
- Exhibit 76: Data Table on Market opportunity by Type ($ million)
9 Customer Landscape
9.1 Customer landscape overview
- Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoptionrates, and purchase criteria
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Exhibit 78: Impact of drivers and challenges in 2025 and 2029
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
- Exhibit 79: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
- Exhibit 80: Overview on factors of disruption
11.4 Industry risks
- Exhibit 81: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
- Exhibit 82: Vendors covered
12.2 Market positioning of vendors
- Exhibit 83: Matrix on vendor position and classification
12.3 BASF SE
- Exhibit 84: BASF SE - Overview
- Exhibit 85: BASF SE - Business segments
- Exhibit 86: BASF SE - Key news
- Exhibit 87: BASF SE - Key offerings
- Exhibit 88: BASF SE - Segment focus
12.4 Bharat Rasayan Ltd.
- Exhibit 89: Bharat Rasayan Ltd. - Overview
- Exhibit 90: Bharat Rasayan Ltd. - Product / Service
- Exhibit 91: Bharat Rasayan Ltd. - Key offerings
12.5 Cargill Inc.
- Exhibit 92: Cargill Inc. - Overview
- Exhibit 93: Cargill Inc. - Product / Service
- Exhibit 94: Cargill Inc. - Key news
- Exhibit 95: Cargill Inc. - Key offerings
12.6 Coromandel International Ltd.
- Exhibit 96: Coromandel International Ltd. - Overview
- Exhibit 97: Coromandel International Ltd. - Business segments
- Exhibit 98: Coromandel International Ltd. - Key offerings
- Exhibit 99: Coromandel International Ltd. - Segment focus
12.7 Crystal Crop Protection Ltd.
- Exhibit 100: Crystal Crop Protection Ltd. - Overview
- Exhibit 101: Crystal Crop Protection Ltd. - Product / Service
- Exhibit 102: Crystal Crop Protection Ltd. - Key offerings
12.8 Deepak Fertilisers and Petrochemicals Corp. Ltd.
- Exhibit 103: Deepak Fertilisers and Petrochemicals Corp. Ltd. - Overview
- Exhibit 104: Deepak Fertilisers and Petrochemicals Corp. Ltd. - Business segments
- Exhibit 105: Deepak Fertilisers and Petrochemicals Corp. Ltd. - Key offerings
- Exhibit 106: Deepak Fertilisers and Petrochemicals Corp. Ltd. - Segment focus
12.9 Dhanuka Agritech Ltd.
- Exhibit 107: Dhanuka Agritech Ltd. - Overview
- Exhibit 108: Dhanuka Agritech Ltd. - Business segments
- Exhibit 109: Dhanuka Agritech Ltd. - Key offerings
- Exhibit 110: Dhanuka Agritech Ltd. - Segment focus
12.10 Gharda Chemicals Ltd.
- Exhibit 111: Gharda Chemicals Ltd. - Overview
- Exhibit 112: Gharda Chemicals Ltd. - Product / Service
- Exhibit 113: Gharda Chemicals Ltd. - Key offerings
12.11 Godrej Agrovet Ltd.
- Exhibit 114: Godrej Agrovet Ltd. - Overview
- Exhibit 115: Godrej Agrovet Ltd. - Business segments
- Exhibit 116: Godrej Agrovet Ltd. - Key offerings
- Exhibit 117: Godrej Agrovet Ltd. - Segment focus
12.12 Indian Farmers Fertilizer Cooperative Ltd.
- Exhibit 118: Indian Farmers Fertilizer Cooperative Ltd. - Overview
- Exhibit 119: Indian Farmers Fertilizer Cooperative Ltd. - Product / Service
- Exhibit 120: Indian Farmers Fertilizer Cooperative Ltd. - Key offerings
12.13 Indofil Industries Ltd.
- Exhibit 121: Indofil Industries Ltd. - Overview
- Exhibit 122: Indofil Industries Ltd. - Product / Service
- Exhibit 123: Indofil Industries Ltd. - Key offerings
12.14 Meghmani Industries Ltd.
- Exhibit 124: Meghmani Industries Ltd. - Overview
- Exhibit 125: Meghmani Industries Ltd. - Product / Service
- Exhibit 126: Meghmani Industries Ltd. - Key offerings
12.15 Nagarjuna Agrochemicals Pvt. Ltd.
- Exhibit 127: Nagarjuna Agrochemicals Pvt. Ltd. - Overview
- Exhibit 128: Nagarjuna Agrochemicals Pvt. Ltd. - Product / Service
- Exhibit 129: Nagarjuna Agrochemicals Pvt. Ltd. - Key offerings
12.16 Rashtriya Chemicals and Fertilizers Ltd.
- Exhibit 130: Rashtriya Chemicals and Fertilizers Ltd. - Overview
- Exhibit 131: Rashtriya Chemicals and Fertilizers Ltd. - Business segments
- Exhibit 132: Rashtriya Chemicals and Fertilizers Ltd. - Key offerings
- Exhibit 133: Rashtriya Chemicals and Fertilizers Ltd. - Segment focus
12.17 Sharda Cropchem Ltd
- Exhibit 134: Sharda Cropchem Ltd. - Overview
- Exhibit 135: Sharda Cropchem Ltd. - Business segments
- Exhibit 136: Sharda Cropchem Ltd. - Key offerings
- Exhibit 137: Sharda Cropchem Ltd. - Segment focus
Research Methodology
All our research reports employ a mixed-methods approach, leveraging both primary and secondary research techniques to develop a comprehensive and well-informed analysis. The methodology ensures a balanced perspective by combining data-driven insights with expert opinions.
1. Secondary Research
Secondary research formed the foundation of the study, offering a contextual understanding of the market landscape, historical trends, and existing data. This phase involved gathering and analyzing information from:
- Industry reports and whitepapers (e.g., McKinsey, Deloitte, Statista)
- Academic journals and case studies
- Company reports, investor presentations, and press releases
- Government databases and regulatory publications
- Trade publications, industry blogs, and news articles
2. Primary Research
To validate and complement secondary findings, extensive primary research was conducted. This included both quantitative data collection and qualitative insights, particularly through expert consultations.
a. Expert Consultations (Qualitative Primary Research)
In-depth interviews were conducted with a wide range of industry stakeholders, including:
- Industry experts and consultants
- Senior executives and decision-makers
- Product managers and supply chain professionals
- Academic researchers and analysts
b. Surveys and Questionnaires (Quantitative Primary Research)
Structured surveys were distributed among:
- End-users/consumers
- Retailers and distributors
- Business-to-business (B2B) buyers
3. Data Validation and Triangulation
Findings from secondary and primary sources were cross-validated through data triangulation to ensure accuracy, consistency, and reliability. This process involved comparing insights from different sources and reconciling discrepancies through expert feedback.
4. Analytical Tools and Frameworks
Various analytical models were applied to interpret the collected data:
- SWOT Analysis for understanding strengths, weaknesses, opportunities, and threats
- Porter’s Five Forces to assess market competitiveness
- PESTLE Analysis to evaluate external macroeconomic influences
- Forecasting Models using historical data trends and regression analysis
Conclusion
The combination of comprehensive secondary research and robust primary data collection—enhanced by expert consultations—ensured the development of a well-rounded and in-depth analysis. This approach enables strategic decision-making backed by both empirical evidence and industry expertise.
For detailed methodology for this particular report please write to us on info@syovi.com