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The Indian bio agriculture market reached a value of about INR 58633.34 million in 2023. The market is further expected to grow at a CAGR of 4.2% in the forecast period of 2024-2032 to reach a value of about INR 84913.80 million by 2032.
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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.
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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.
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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 (2018-2023) and forecast (2024-2032) of the various components of the industry in India. The comprehensive EMR report provides an in-depth assessment of the market 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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Segment |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
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
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 India
6.2 Regional
7 Opportunities and Challenges in the Market
8 Indian Bio Agriculture Market Analysis
8.1 Key Industry Highlights
8.2 Indian Bio Agriculture Historical Market (2018-2023)
8.3 Indian Bio Agriculture Market Forecast (2024-2032)
8.4 Indian Bio Agriculture Market by Segment
8.4.1 Transgenic Crops
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Biofertilizers
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Biopesticides
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Indian Bio Agriculture Market by Region
8.5.1 North India
8.5.2 South India
8.5.3 East India
8.5.4 West India
9 Regional Analysis
9.1 North India
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 South India
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 East India
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 West India
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
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 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Company Overview
13.2.2 Product Portfolio
13.2.3 Demographic Reach and Achievements
13.2.4 Financial Summary
13.2.5 Certifications
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Indian Bio Agriculture Market: Key Industry Highlights, 2018 and 2032
2. Indian Bio Agriculture Historical Market: Breakup by Segment (INR Million), 2018-2023
3. Indian Bio Agriculture Market Forecast: Breakup by Segment (INR Million), 2024-2032
4. Indian Bio Agriculture Historical Market: Breakup by Region (INR Million), 2018-2023
5. Indian Bio Agriculture Market Forecast: Breakup by Region (INR Million), 2024-2032
6. Indian Bio Agriculture Market Structure
In 2023, the Indian bio agriculture market attained a value of nearly INR 58633.34 million.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 4.2%.
By 2032, the market is estimated to reach a value of almost INR 84913.80 million.
The major market drivers are the increasing organic farming activities in India, growing concerns regarding soil degradation, and a surging understanding of the benefits associated with organic products.
The introduction of favourable government initiatives aimed at boosting organic farming, the rising demand for high-quality and nutritious produces, and the growing focus on the optimal use of natural resources are the key trends guiding the market.
The leading regions in the Indian market include North India, South India, East India, and West India.
The significant segments considered in the market report are transgenic crops, biofertilisers, and biopesticides.
The Indian bio agriculture market attained a value of INR 58633.34 million in 2023 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 2024-2032, growing at a CAGR of 4.2%. The market is projected to reach INR 84913.80 million by 2032.
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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