| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 8.53 Billion |
| Market Size (2030) | USD 10.38 Billion |
| CAGR (2025 - 2030) | 4.00% |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Agrochemicals Market Analysis
The India Agrochemicals Market size is estimated at USD 8.53 billion in 2025, and is expected to reach USD 10.38 billion by 2030, at a CAGR of 4% during the forecast period (2025-2030).
The Indian agrochemicals industry is experiencing significant growth, driven by a combination of a rising population, increasing affluence, and shifting consumption patterns. The demand for higher agricultural output is not only essential to meet the growing food requirements but also to ensure nutritional security. However, challenges such as shrinking arable land and crop losses due to pests and diseases continue to pose significant threats. These factors make agrochemicals a crucial component of modern agriculture, aiding in pest control, weed management, and overall productivity enhancement.
In India, an estimated 15-25% of potential crop production is lost due to pests, weeds, and diseases. To address this issue, there is a growing emphasis on improving crop productivity through effective pest management and weed control practices. The increasing awareness among farmers regarding the benefits of agrochemicals is further driving their adoption, supporting the industry’s expansion.
Government initiatives and subsidies have also played a pivotal role in the growth of the agrochemicals market. Various schemes, including financial support for fertilizers and the promotion of contract farming, encourage the use of agrochemicals to enhance agricultural output. For instance, to ensure the affordable availability of Di-Ammonium Phosphate (DAP) for farmers, the government has provided special packages beyond the Nutrient-Based Subsidy (NBS) rates. In 2024-25, due to geopolitical factors affecting procurement, a one-time special package of USD 40.11 per Metric Tons on actual Point-of-Sale (PoS) transactions of DAP has been approved to support sustainable availability.
Recognizing the sector’s strategic importance, the Indian government has identified the agrochemical industry as one of the top 12 industries for achieving global leadership. According to the Federation of Indian Chambers of Commerce and Industry (FICCI), the industry is at 3630.19 to grow at a rate of 8-10% through 2025. With supportive policies, increasing adoption of advanced farming techniques, and rising demand for higher agricultural productivity, India’s agrochemical industry is poised for robust growth in the coming years.
India Agrochemicals Market Trends
Pesticides Dominates the Market
The Indian agrochemicals market is one of the largest in the world, driven by the country’s vast agricultural sector and the need to enhance crop productivity. Among various agrochemicals, pesticides not only dominate but also continue to witness growing consumption across the country. Their crucial role in protecting crops from pests, diseases, and weeds has made them an indispensable part of Indian agriculture. The increasing reliance on pesticides is driven by multiple factors, including the country’s high dependency on agriculture, rising pest infestations, and the growing demand for higher crop yields to meet food security needs.
Farmers are increasingly using these chemicals to prevent yield losses caused by various pests and diseases. For instance, consumption in India has increased to 55.2 thousand metric tons in 2023-24 from 53.6 thousand metric tons in 2022-23, according to data from India’s Directorate of Plant Protection, Quarantine & Storage.
One of the key drivers behind the rising pesticide consumption in India is the country’s climatic conditions. Higher temperatures and moisture create an ideal environment for pest infestations, leading to significant declines in agricultural productivity. According to scientists from the Indian Council of Agricultural Research (ICAR), nearly 30-35% of India’s annual crop yield is lost due to pests. To combat these challenges, farmers are increasingly turning to crop protection chemicals, and this trend is anticipated to continue in the coming years as the demand for higher productivity intensifies.
Maharashtra is one of the leading states in India in terms of pesticide consumption, and its reliance on chemical pesticides has grown substantially. According to data from India’s Directorate of Plant Protection, Quarantine & Storage, the consumption of technical-grade pesticides in the state increased from 6,814 metric tons in 2022-2023 to 8,718 metric tons in 2023-2024. This sharp rise reflects a broader national trend of increasing pesticide usage, as farmers seek to protect their crops from frequent pest and disease outbreaks.
In conclusion, pesticides not only dominate India’s agrochemicals market but are also witnessing growing consumption due to increasing pest challenges, climate factors, and the need for higher agricultural productivity. States like Maharashtra are experiencing a sharp rise in pesticide usage, reflecting a broader national trend.
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Rising Pest Threats Drive Agrochemical Demand in India's Grain Production
The grains and cereals segment dominates the agrochemicals market in India, driven by increasing crop losses due to pests and diseases. The combination of unseasonal rainfall and soaring temperatures has heightened the risk of pest infestations, particularly in key agricultural states such as Punjab, Haryana, and Uttar Pradesh.
The adverse climatic conditions have created a favorable environment for pests and fungal infections, posing a significant threat to cereal crops. Recognizing this risk, the Indian government issued an advisory in March 2023 after consultations with experts from the Indian Meteorological Department (IMD), the Indian Institute of Wheat and Barley Research, plant pathologists, and state agriculture department officials. Scientists have warned that rising temperatures, along with possible rain and hailstorms caused by western disturbances, could lead to widespread pest attacks, particularly fungal diseases, ultimately affecting both the yield and quality of grains. In 2023, the wheat yield decreased to 3,520.7 kg/ha in 2023 from 3,537.3 kg/ha in 2022. One of the most concerning threats is Brown Rust, a fungal infection that targets green leaf areas, reducing the photosynthesis rate required for grain filling while increasing the transpiration rate, making crops more vulnerable to drought. Even mild Brown Rust infections can lead to a 15% reduction in yield, while severe infestations may cause losses of up to 40% in affected fields.
The growing threat of such diseases has driven the demand for agrochemicals, particularly fungicides and pesticides, in India’s agricultural sector. Farmers are increasingly relying on chemical solutions to mitigate crop losses and ensure food security, further cementing the grains and cereals segment as the leading driver of the agrochemicals market in the country.
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India Agrochemicals Industry Overview
The agrochemicals market is fragmented in India. Major players include (in no particular order) Bayer CropScience, Syngenta AG, UPL Limited, BASF SE, National Fertilizer Limited, and TATA Rallies. New product launches, mergers and acquisitions, and partnerships are the major strategies adopted by these leading companies in the market. These companies are focusing on making an investment in innovations, collaborations, and expansions to increase their market share.
India Agrochemicals Market Leaders
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Bayer Crop Science
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Syngenta AG
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UPL Limited
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BASF SE
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National Fertilizers Limited
- *Disclaimer: Major Players sorted in no particular order
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India Agrochemicals Market News
- December 2023: Tata Rallies has introduced NAYAZINC, a unique, patented zinc fertilizer for soil application. This fertilizer is suitable for various crops, soils, and agro-climatic conditions, offering farmers a highly efficient alternative to Zinc sulfate.
- November 2023: Godrej Agrovet Limited (GAVL) has launched an advanced pest control product, Rashinban (Technical: Fluxametamide 3.8 + Pyridaben 9.5% SC), in India. Developed with patented chemistry from Japan’s Nissan Chemical Corporation, Rashinban is being introduced globally for the first time in India through GAVL's collaboration to protect Chilli crops during the flowering stage.
- July 2023: Syngenta India has launched two plant protection solutions, Incipio and Simodis, which effectively target pests such as leaf folder, stem borer, and sucking insects that significantly reduce yields in paddy, cotton, and vegetable crops. These insecticides can reduce the number of applications by 40%, thereby improving produce quality and increasing yield.
India Agrochemicals Industry Segmentation
Agrochemicals are chemical substances used to enhance crop production and prevent the deterioration of crops from insects, pest infestation, and disease. The Agrochemical Industry In India is segmented into Product Type (Fertilizers, Pesticides, Adjuvants, and Plant Growth Regulators) and Application (Crop-based and Non-crop-based). The report offers market size and forecasts for the market in terms of value (USD) for all the above segments.
| Product Type | Fertilizers | ||
| Pesticides | |||
| Adjuvants | |||
| Plant Growth Regulators | |||
| Application | Crop-based | Grains and Cereals | |
| Oil Seeds | |||
| Fruits and Vegetables | |||
| Non-crop-based | Turf and Ornamental Grass | ||
| Other Non-crop-based | |||
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India Agrochemicals Market Research Faqs
How big is the India Agrochemicals Market?
The India Agrochemicals Market size is expected to reach USD 8.53 billion in 2025 and grow at a CAGR of 4% to reach USD 10.38 billion by 2030.
What is the current India Agrochemicals Market size?
In 2025, the India Agrochemicals Market size is expected to reach USD 8.53 billion.
Who are the key players in India Agrochemicals Market?
Bayer Crop Science, Syngenta AG, UPL Limited, BASF SE and National Fertilizers Limited are the major companies operating in the India Agrochemicals Market.
What years does this India Agrochemicals Market cover, and what was the market size in 2024?
In 2024, the India Agrochemicals Market size was estimated at USD 8.19 billion. The report covers the India Agrochemicals Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Agrochemicals Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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India Agrochemicals Industry Report
Statistics for the 2025 India Agrochemicals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Agrochemicals analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
