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The Indian bio agriculture market reached a value of about INR 52,025 million in 2020. The market is further expected to grow at a CAGR of 4% in the forecast period of 2021-2026 to reach a value of about INR 66,595 million by 2026.
As per the World Organic Agriculture Report 2020 released by IFOAM–Organics International and the Research Institute for Organic Agriculture, India has one of the largest organic farmers in the world. Biological farming is commonly practiced by farmers in India in order to accomplish a balance between the physical, chemical, and biological aspects of soil supported by improved organic content. They use the latest technologies to optimise the behaviour of soil microbes by providing proper soil nutrition and structure.
Bio agriculture is the organic or biodynamic farming practices, which produce high-quality and nutritious products without the use of synthetic fertilizers or agricultural chemicals.
On the basis of segment, the industry can be divided into the following:
The regional markets for bio agriculture in India include North, South, East, and West India.
There has been a major change towards bio agricultural practices in India. This phenomenon can be certified by the excessive use of fertilizers and artificial growth regulators that have contributed to soil degradation and increased the amount of chemicals in the food chain. In addition, a growing understanding of health has prompted consumers to opt for organic products, which, in effect, have a positive impact on the industry. In addition, environmental issues have also motivated farmers to practice organic farming as it is a chemical-free approach that ensures the optimal use of natural resources and helps to preserve them. In addition, the Government of India has put in place various schemes and programs to encourage organic farming in order to meet the increasing demand for food across the world. These projects include the National Mission for Sustainable Agriculture (NMSA)/Paramapragat Krishi Vikas Yojana (PKVY), Rashtriya Krishi Vikas Yojana (RKVY), the Mission for Integrated Horticulture Development (MIDH), the National Mission for Oil Seeds & Oil Palm (NMOOP), and the ICAR Organic Farming Network Project. Such programmes are expected to buoy the growth of the bio agriculture market in India.
The report by EMR covers the macro and micro aspects of the industry by covering the challenges and opportunities faced by the regional market. It looks into the historical (2016-2020) and forecast (2021-2026) of the various components of the industry in India. The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis. The key demand and price indicators have been covered by the report as well. An assessment of the price trends of the industry has been provided within the report as well as an analysis of the value chain. It also covers various aspects of the competitive landscape like the market structure, the market share of key players, and company profiles.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Indian Bio Agriculture Market Analysis
8.1 Key Industry Highlights
8.2 Indian Bio Agriculture Historical Market (2016-2020)
8.3 Indian Bio Agriculture Market Forecast (2021-2026)
8.4 Indian Bio Agriculture Market by Segment
8.4.1 Transgenic Crops
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
8.5 Indian Bio Agriculture Market by Region
8.5.1 Market Share
22.214.171.124 North India
126.96.36.199 South India
188.8.131.52 East India
184.108.40.206 West India
9 Regional Analysis
9.1 North India
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.2 South India
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.3 East India
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.4 West India
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players Market Share
13.3 Company Profiles
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
126.96.36.199 Financial Summary
14 Industry Events and Developments
List of Figures and Tables
1. Indian Bio Agriculture Market: Key Industry Highlights, 2016 and 2026
2. Indian Bio Agriculture Historical Market: Breakup by Segment (INR Million), 2016-2020
3. Indian Bio Agriculture Market Forecast: Breakup by Segment (INR Million), 2021-2026
4. Indian Bio Agriculture Historical Market: Breakup by Region (INR Million), 2016-2020
5. Indian Bio Agriculture Market Forecast: Breakup by Region (INR Million), 2021-2026
6. Indian Bio Agriculture Market Structure
In 2020, the Indian bio agriculture market attained a value of nearly INR 52,025 million.
In the forecast period of 2021-2026, the market is projected to grow at a CAGR of 4%.
By 2026, the market is estimated to reach a value of almost INR 66,595 million.
The major drivers of the industry such as the rising population, the increasing food demand, and the growing use of fertilizers and artificial growth regulators are expected to aid the market growth.
Favourable government programmes like the National Mission for Sustainable Agriculture (NMSA)/Paramapragat Krishi Vikas Yojana (PKVY), Rashtriya Krishi Vikas Yojana (RKVY), the Mission for Integrated Horticulture Development (MIDH), the National Mission for Oil Seeds & Oil Palm (NMOOP), and the ICAR Organic Farming Network Project, which are encouraging the growth of organic farming in the country is the major trend guiding the industry growth.
The leading regions in the industry are North, South, East, and West India.
The major segments in the Indian market are transgenic crops, biofertilizers, and biopesticides.
The Indian bio agriculture market attained a value of INR 52,025 million in 2020 driven by the growing food demand. Aided by the favourable government programmes, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 4%. The market is projected to reach INR 66,595 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its segment, the Indian bio agriculture market can be segmented into transgenic crops, biofertilizers, and biopesticides. The major regional markets for bio agriculture are North, South, East, and West India.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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