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Agrochemical Market in India 2016-2020

  • Date Submitted: 01/10/2016 10:25 PM
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Market reports on India presents the latest report on “Agrochemical Market in India 2016-2020” http://www.marketreportsonindia.com/food-beverages-market-research-reports-13537/agrochemical-india.html This report provides a number of factors contributing to the adoption, limitations, and opportunities of the agrochemicals market in India.

11th Jan 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “Agrochemical Market in India 2016-2020”. The agrochemicals market in India is dominated by international players who are increasingly expanding their footprint in the market.

An overview of the agrochemicals market in India

The research analyst predicts the agrochemical market in India to grow steadily at a CAGR of over 9% during the forecast period. Availability of credit facilities to purchase agrochemicals is the primary driver for the market. The government of India has initiated several policy measures to enable farmers to gain access to credit facilities. These policies emphasize in providing timely and adequate credit support to all farmers. The Indian government has been focusing mostly on small and marginal farmers and the weaker sections of the society, to enable them to adopt modern technology and improved agricultural practices, thereby increasing agricultural production and productivity.

The implementation of integrated pest management (IPM) as a new method of crop protection is another trending factor driving the growth of the agrochemicals market in India. The IPM method is a sustainable approach to pest management that combines biological, mechanical, physical, and chemical methods. These methods are executed in three stages, namely prevention, observation, and intervention.

Product segmentation and analysis of the agrochemicals market in India
- Insecticides
- Herbicides
- Fungicides
- Bio-pesticides

The insecticides segment held the largest share of the agrochemicals market in India during 2015, with...

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