The report titled “India
Biopesticides Market Outlook to 2024 - Government Impetus to Improve Soil
Health Further Supported by Flexible Registration Process Expected to Pose
Healthy Growth
“provides a comprehensive analysis of Biopesticides market in India. The report
focuses on market size, market segmentation by unorganized and organized
sector, By Origin (Microbial, Biochemical Biopesticides and PIPS), by India
Biofungicides Market Segmentation (Trichoderma Viride and Harzianum,
Pseudomonas Fluorescens, Bacillus Subtilis/ Pumilus, Ampelomyces Quisqualis,
Fusarium Proliferatum), by India Bioinsecticides Market Segmentation (Bacillus
Thuringiensis Variant Kurstaki, Beauveria Bassiana, Verticillium Lecanii,
Metarhizium anisopliae, Paecilomyces lilacinus and Others), by Target Pests
(Sucking Insects, Soil Insects, Caterpillars, Nematodes), by Crops, by Imported
and Indigenous Biopesticides, Biopesticides Consumption by Regions and States.
The report also covers the competitive landscape, government role and
regulations, growth restraints, drivers. The report concludes with market
projections highlighting opportunities and cautions.
India Biopesticides Market Overview
and Size
Indian market is a house to hundreds of
biopesticides that are duly registered by the Central Insecticides Board (CIB),
but quality control is a major problem in most of these products. Extensive
research on biopesticides in national laboratories and State Agricultural
Universities has clearly demonstrated the efficacy of biopesticides for
management of pests and diseases. Regardless of the persistent government
programs and initiatives, the consumption of biopesticides in India has
remained relatively low, for several years in past especially since 2000s. The
recent years have witnessed the introduction of nanotechnology mediated
biopesticides. Nanoparticles mediated biopesticides have shown considerate
potential in alleviating the problems associated with conventional pesticides.
The market has attained speedy growth over the period of six years from FY’2013
to FY’2019. The potential benefits of using biopesticides in agriculture and
public health programs are considerable. This has tremendously escalated the
consumption for biopesticides in the country over the years resulting in a
double digit CAGR growth.
India Biopestiscides Market
Segmentation
By Origin
In FY’2019 the revenue generated through
Microbial pesticides consisted of a microorganism (e.g., a bacterium, fungus,
virus or protozoan) as the active ingredient which contributed to a majority of
the proportion in the overall Biopesticides market. Microbial biopesticides are
eco-friendly pests management solutions and have high specificity due to which
share of microbial biopesticides has contributed highest share in terms of
revenue in FY’19. Invertebrate pathogenic microorganisms employed as active
substances in pest management are recognized as generally safe for the
environment and non-target species, in comparison with synthetic chemicals.
Botanical/biochemical and PIP was observed to capture the remaining volume
share in the FY’2019.
By Type of Biofungicides
With improved seed vigor and introduction of
systematic disease resistance, the demand for this fungal symbiont has remained
high and rendered a majority share in the Indian Biofungicides market in
FY’2019. Fusarium Proliferatum contributed to the smallest share in terms of
revenue generated during FY’2019.
By Type of Bioinsecticides
During FY’2019, Bacillus Thuringiensis Variant
Kurstaki contributed to a majority of the bioinsecticides sold in India. Due to
its high effectiveness and quicker results, it is preferred over any other
bioinsecticide present in the Indian market and thus, contributed the highest
share of in the Indian Bioinsecticide market in FY’2019.
By Organized and Unorganized Market
The country’s biopesticides market is highly
fragmented with several number of small scale players operating in the space.
During FY’2019, the unorganized sector constituted a significant share in the
overall biopesticides market in the country.
By Crops
The application of biopesticides is spread
across several crops in agriculture. The share of cereals, pulses and oilseeds
has been recorded the highest, and has commanded a major portion of the overall
bio-pesticide consumption in India during FY’2019. Flower, spices and tea constituted the smallest
market share in terms of revenue generated.
By Imported and Indigenous
Biopesticides
In India, the demand for indigenous
biopesticides has dominated the overall biopesticides market during FY’2019.
Imported biopesticides which mainly includes Bacillus, semi chemicals and
others have accounted for the rest of the market.
By Regions and States
The consumption of biopesticides was dominated
by western region in FY’2019 followed by South, East, North and North Eastern
region. Maharashtra contributed significantly towards the country’s total
agricultural income. The state has major area under jowar. 50.25% of the total
area under jowar in the country is in Maharashtra as of FY’2017. Maharashtra
has a net sown area of 17,192 thousand hectares as of FY’2017. The main crops
grown in Maharashtra include Rice, Jowar, Bajra, Wheat, Pulses, Turmeric,
Onions, Cotton, Sugarcane and several oil seeds including Groundnut, Sunflower
and Soya Bean.
Competitive Landscape in India
Biopesticides Market
The biopesticides market in India is
concentrated among few major players operating in the organized space. In the
organized biopesticides market, about ten major companies accounted for
majority of the entire organized biopesticides market in the country during
FY’2018. The Organized market constitutes of the organized players. The Major
companies in the market are EID Parry, T Stanes, Fortune Biotech, Excel Crop
Care, International Panaacea Ltd, Biotech International, Kan Biosys, PCI, PJ
Margo, Prathibha Biotech and Zytex Biotech. Price, quality and distribution
network are some of the critical parameters on the basis of which companies
compete in the organized segment.
India Biopesticides Market Future
Outlook and Projections
Biopesticides market is likely to showcase a
vibrant growth in terms of revenue in FY’2023E. This growth performance has
been primarily anticipated on account of growing environmental awareness and
education spreading amongst the Indian farmer fraternity as stimulated by
combined efforts laid by both private and public authorities.
Key Segments Covered
Origin
Microbial
Biochemical Biopesticides
PIPS
Biofungicides Market
Trichoderma Viride and Harzianum,
Pseudomonas Fluorescens,
Bacillus Subtilis/ Pumilus,
Ampelomyces Quisqualis,
Fusarium Proliferatum
Bioinsecticides Market
Bacillus Thuringiensis Variant Kurstaki
Beauveria Bassiana
Verticillium Lecanii
Metarhizium anisopliae
Paecilomyces lilacinus
Others
Bioinsecticides Market
Bacillus Thuringiensis Variant Kurstaki
Beauveria Bassiana
Verticillium Lecanii
Metarhizium anisopliae
Paecilomyces lilacinus
Others
Market Structure
Organized
Unorganized
Crops
Cereals, pulses, oilseeds
Vegetables and fruits
Cash crops
Flowers, spices and tea
By procurement
Indigenous
Imported
Key Target Audience
Biopesticides Companies (emerging and already
established)
Biopesticides Distributor
Regulatory Agencies
Microbial Manufacturers
Biochemical/Botanical Manufacturers
Agrochemical Companies
Time Period Captured in the Report:
Historical Period - FY’2013-FY’2018
Forecast Period - FY’2019-FY’2024
Companies Covered:
Eid Parry
T Stanes
Fortune Biotech
Excel Crop care
International Panaacea limited
Biotech International Limited (BIL)
Kan biosys
Pest control India (PCI)
P J Margo
Prathibha Biotech
Camson Biotech
Zytex
Key Topics Covered in the Report
Executive Summary
Research Methodology
India Biopesticides Market Overview and
Genesis, 2013-2018
Comparative Analysis of India Biopesticides
Market with Global Market
Value Chain Analysis of India Biopesticides
Market
India Biopesticides Market Size,
FY’2013-FY’2019
India Biopesticide Market Segmentation,
FY’2013-FY’2019
Growth Drivers and Restraints for India
Biopesticides Market
Average Price of Key Biopesticides
Snapshot on India Bioherbicides Market
Snapshot on Liquid Formulation of
Biopesticides
Decision Making Process Used by Farmers Before
Purchasing Biopesticide
Government Policies and Regulations in
Biopesticides Market in India
Competitive Scenario of Major Players in India
Biopesticides Market, FY’ 2018
Company Profiles of Major Companies in India
Biopesticides Market, 2018
India Biopesticides Market Future Outlook and
Projections, FY’2019-FY’2024
Analyst Recommendations for India
Biopesticides Market
For more information on the research
report, refer to below link:
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