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Indian Bio Agriculture Market Report by Segment, and Region 2024-2032

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    Report

  • 118 Pages
  • April 2024
  • Region: India
  • IMARC Group
  • ID: 5820582
The Indian bio agriculture market size reached INR 66,793.6 Million in 2023. Looking forward, the market is projected to reach INR 118,426.7 Million by 2032, exhibiting a growth rate (CAGR) of 6.57% during 2023-2032. Favorable government initiatives, escalating consumer awareness regarding the benefits of practicing bio agriculture, and the rising demand for organic food products represent some of the key factors driving the market.

Bio agriculture, popularly known as organic farming, primarily employs natural inputs and sustainable practices to produce crops and livestock. It helps reduce the negative impact of conventional agriculture on the environment by promoting biodiversity, conserving natural resources, and avoiding the use of synthetic chemicals and genetically modified organisms (GMOs).

In addition to this, it relies on a combination of techniques and practices, such as crop rotation, intercropping, green manure, composting, and biological pest control, to maintain soil fertility and regulate various pests and diseases. Bio agriculture maintains a balance between agriculture and the environment, preserves natural habitats, reduces soil erosion, and minimizes air and water pollution. Currently, there is an expanding adoption of bio agriculture in India as it relies on renewable energy resources and helps decrease global warming levels.

Indian Bio Agriculture Market Trends

The introduction of favorable initiatives, such as the National Programme on Organic Farming and the Paramparagat Krishi Vikas Yojana, by the Government of India (GoI) to promote bio-agriculture in the country through financial assistance to farmers represents the prime factor driving the market growth. Besides this, the rising population, rapid urbanization, inflating disposable income of individuals, and the growing demand for organic food on account of its numerous health benefits are creating a favorable outlook for the market.

Moreover, the depleting levels of soil fertility in the country are fueling the adoption of bio-agriculture practices, leading to the development of agricultural biologicals, which include microorganisms, enzymes, biochemicals, biofertilizers, biopesticides, and biostimulants. This, in confluence with changing climate conditions and increasing scarcity of water resources, is contributing to the market growth. Concurrent with this, the escalating consumer awareness about the advantages of sustainable agriculture and the surging demand for breeding nutritious, high-yielding, and less resource-input-demanding crops are acting as significant growth-inducing factors.

In addition to this, continuous technological advancements in bio agriculture technology, such as the development of bio-fertilizers and bio-pesticides, are presenting remunerative growth opportunities for the market. Furthermore, the widespread product adoption for promoting crop diversification and agroforestry, supportive non-governmental organizations (NGOs) activities, and the extensive export opportunities for organic food in the international market are aiding in market expansion.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the Indian bio agriculture market report, along with forecasts at the country and regional level from 2024-2032. The report has categorized the market based on segment.

Segment Insights:

  • Transgenic Crops
  • Biofertilizers
  • Biopesticides
The report has provided a detailed breakup and analysis of the bio agriculture market based on the segment. This includes transgenic crops, biofertilizers, and biopesticides. According to the report, transgenic crops represented the largest segment.

Regional Insights:

  • North India
  • South India
  • East India
  • West India
The report has also provided a comprehensive analysis of all the major regional markets, which include North, South, East, and West India. According to the report, West India was the largest market for Indian bio agriculture. Some of the factors driving the West India bio agriculture market in India included escalating consumer awareness regarding the benefits of bio agriculture, rising population and urbanization, and ongoing technological advancements in the industry.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global bio agriculture market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. For each of the companies covered, the report provides business overview, services offered, business strategies, financials, SWOT analysis, and major news and events.

Key Questions Answered in This Report

  • How has the Indian bio agriculture market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the Indian bio agriculture market?
  • What is the impact of each driver, restraint, and opportunity on the Indian bio agriculture market?
  • What is the breakup of the market based on the segment?
  • Which is the most attractive segment in the Indian bio agriculture market?
  • What is the competitive structure of the Indian bio agriculture market?
  • Who are the key players/companies in the Indian bio agriculture market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Indian Bio Agriculture Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Value Trends
5.2.2 Volume Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Segment
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Research and Development
5.8.3 Inputs
5.8.4 Production
5.8.5 Marketing
5.8.6 Distribution
5.8.7 End-Use
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Price Analysis
5.10.1 Key Price Indicators
5.10.2 Price Structure
5.10.3 Margin Analysis
6 Market Breakup by Segment
6.1 Transgenic Crops
6.1.1 Current and Historical Market Trends
6.1.2 Competitive Landscape
6.1.3 Market Forecast
6.2 Biofertilizers
6.2.1 Current and Historical Market Trends
6.2.2 Competitive Landscape
6.2.3 Market Forecast
6.3 Biopesticides
6.3.1 Current and Historical Market Trends
6.3.2 Competitive Landscape
6.3.3 Market Forecast
7 Market Breakup by Region
7.1 North India
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 South India
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 East India
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 West India
7.4.1 Market Trends
7.4.2 Market Forecast
8 Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Profiles of Key Players
List of Figures
Figure 1: India: Bio Agriculture Market: Major Drivers and Challenges
Figure 2: India: Bio Agriculture Market: Sales Value (in Million INR), 2018-2023
Figure 3: India: Bio Agriculture Market: Sales Volume (in Metric Tons), 2018-2023
Figure 4: India: Bio Agriculture Market: Breakup by Segment (in %), 2023
Figure 5: India: Bio Agriculture Market: Breakup by Region (in %), 2023
Figure 6: India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2024-2032
Figure 7: India: Bio Agriculture Market Forecast: Sales Volume (in Metric Tons), 2024-2032
Figure 8: Bio-fertilizer Market: Price Structure
Figure 9: India: Bio Agriculture Industry: SWOT Analysis
Figure 10: India: Bio Agriculture Industry: Value Chain Analysis
Figure 11: India: Bio Agriculture Industry: Porter’s Five Forces Analysis
Figure 12: India: Bio Agriculture Market (Transgenic Crops): Sales Value (in Million INR), 2018-2023
Figure 13: India: Bio Agriculture Market Forecast (Transgenic Crops): Sales Value (in Million INR), 2024-2032
Figure 14: India: Bio Agriculture Market (Biofertilizers): Sales Value (in Million INR), 2018-2023
Figure 15: India: Bio Agriculture Market Forecast (Biofertilizers): Sales Value (in Million INR), 2024-2032
Figure 16: India: Bio Agriculture Market (Biopesticides): Sales Value (in Million INR), 2018-2023
Figure 17: India: Bio Agriculture Market Forecast (Biopesticides): Sales Value (in Million INR), 2024-2032
Figure 18: North India: Bio Agriculture Market: Sales Value (in Million INR), 2018-2023
Figure 19: North India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2024-2032
Figure 20: South India: Bio Agriculture Market: Sales Value (in Million INR), 2018-2023
Figure 21: South India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2024-2032
Figure 22: East India: Bio Agriculture Market: Sales Value (in Million INR), 2018-2023
Figure 23: East India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2024-2032
Figure 24: West India: Bio Agriculture Market: Sales Value (in Million INR), 2018-2023
Figure 25: West India: Bio Agriculture Market Forecast: Sales Value (in Million INR), 2024-2032
List of Tables
Table 1: India: Bio Agriculture Market: Key Industry Highlights, 2023 and 2032
Table 2: India: Bio Agriculture Market Forecast: Breakup by Segment (in Million INR), 2024-2032
Table 3: India: Bio Agriculture Market Forecast: Breakup by Region (in Million INR), 2024-2032
Table 4: India: Bio Agriculture Market: Competitive Structure
Table 5: India: Bio Agriculture Market: Key Players

Methodology

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