India Agricultural Biologicals Market Size, Share, Growth and Report Forecast Through 2032
The India agricultural biologicals market size was valued at USD 573.85 million in 2024. The market is projected to grow from USD 652.50 million in 2025 to USD 1,646.03 million by 2032, exhibiting a CAGR of 14.13% during the forecast period.
Agricultural biologicals are agricultural inputs that are derived from biological sources such as food, plants, trees, and biological waste. They are a good substitute for conventional chemicals and will help to reduce our reliance on fossil fuels. Moreover, use of biologicals in agriculture can lead to reduced carbon emissions and maintain the ecological balance. The market in India is relatively smaller than the synthetic crop protection chemicals industry. Some of the major agricultural biological products are biofertilizers, biopesticides, and biostimulants.
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Segmentation:
Biostimulants Segment Leads the Market by Enhancing Nutrient Use Efficiency
The agricultural biologicals market is categorized into biofertilizers, biostimulants, and biopesticides. The biostimulants segment holds the largest market share, as these products play a crucial role in improving nutrient use efficiency, which is vital for boosting crop growth and yield.
Biochemicals Segment to Dominate as a Sustainable Alternative to Conventional Chemicals
Based on source, the market is divided into biochemical and microbial sources. The biochemical segment is anticipated to lead the market, as these products reduce reliance on fossil fuels and provide an environmentally friendly alternative to traditional chemical inputs.
Foliar Spray Segment to Hold the Largest Share Due to Widespread Adoption on Farms
By application method, the market is segmented into soil treatment, foliar spray, seed treatment, and others. The foliar spray segment is expected to account for the largest share, driven by its increasing use on both large and small farms for effective crop protection and nutrient delivery.
Row Crops Segment to Lead Amid Rising Demand for Sustainable Farming Solutions
By crop type, the market is segmented into row crops, fruits & vegetables, and others. The row crops segment is projected to dominate, fueled by the growing demand from farmers for sustainable agricultural practices, particularly in the cultivation of staple crops.
Report Coverage:
The report offers a comprehensive analysis of the key factors driving the growth of the agricultural biologicals market. It also evaluates the impact of the COVID-19 pandemic on the industry and highlights the strategic initiatives undertaken by major players to strengthen their market presence.
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Drivers and Restraints:
Increasing Investments in Advanced Technologies Propel Market Growth
The adoption of cutting-edge technologies, such as nanotechnology, for creating cost-effective and environmentally friendly agricultural solutions is a significant driver of market expansion. Investments from both private and public sectors in biocontrol products are expected to boost market growth, particularly in India and other regions.
However, challenges such as the limited shelf life of certain biological products and their higher costs may restrict widespread adoption and hinder market growth.
Competitive Landscape:
Leading Players Focus on Innovation to Strengthen Market Position
Key players in the agricultural biologicals market are prioritizing research and development to introduce innovative products. Many companies are also forming partnerships and collaborations to broaden their product reach and expand their geographical presence, which is essential for maintaining a competitive advantage.
List of Key Players Mentioned in the Report:
- Coromandel International Limited (India)
- SOM PHYTOPHARMA (INDIA) LIMITED (India)
- UPL Limited (India)
- PI Industries Ltd (India)
- Sumitomo Chemical Co., Ltd. (Japan)
- Indian Farmers Fertilizer Cooperative Limited (India)
- Ajay Bio-Tech (INDIA) Ltd. (India)
- Biotech International Ltd. (India)
- IPL Biologicals (India)
- Stanes and Company Limited (India)
Key Industry Development:
In May 2022, UPL Group acquired the naturally derived fungicide OptiCHOS for its Natural Plant Protection (NPP) business unit. This strategic acquisition strengthens UPL’s portfolio of biologically derived agricultural inputs, enabling the company to better address key challenges faced by farmers worldwide.
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