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:
Related Reports
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Research
Ankur
Gupta, Head Marketing & Communications
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