India Biopesticides Market - Growth, Trends, Covid-19 Impact, and Forecasts (2022 - 2027)

India biopesticides market is analyzed by Product (Bioinsecticides, Bioherbicides, BioFungicides, and Others), Formulation (Liquid and Dry), Ingredient (Microbial, Plant, and Biochemical), Mode of Application (Foliar, Seed Treatment, and Soil), and Crop ( Cereals, Oilseeds, Fruits and Vegetables, and Others). The report offers the market size and forecasts in terms of value in USD million for all the above segments.

Market Snapshot

Market Summary
Study Period: 2017-2027
Base Year: 2021
CAGR: 7.3 %

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Market Overview

The biopesticides market in India is expected to witness growth at a CAGR of 7.3% during the forecast period (2022-2027).

During COVID-19, there was a decrease in the production of biopesticides due to the closure of manufacturing facilities globally and labor shortage. This impacted the market several times due to frequent lockdowns in export countries which disrupted the trade. The market is expected to witness growth during the forecasted period due to an increase in organic farming, stringent regulations for food safety, and various government schemes to promote organic farming. The restraining factors are low profitability due to the higher cost of biopesticides and low specificity on target pests.

Over 150 biopesticide producing companies, 15 types of biopesticides out of 227 are pesticides registered. Neem-based pesticides, bacillus thuringiensis, nuclear polyhedrosis virus, and Trichoderma are some of the major biopesticides produced and used in India.

The increased public concerns about the probable adverse environmental effects, associated with the use of synthetic plant protection products prompt search for technologies and products based on biological processes to control the pests. Thus, it is expected the sales of biopesticides will increase in the country.

Scope of the Report

According to EPA, biopesticides are derived from natural materials like animals, plants, bacteria, and certain minerals. India biopesticides market is analyzed by Product (Bioinsecticides, Bioherbicides, BioFungicides, and Others), Formulation (Liquid and Dry), Ingredient (Microbial, Plant, and Biochemical), Mode of Application (Foliar, Seed Treatment, and Soil), and Crop ( Cereals, Oilseeds, Fruits and Vegetables, and Others). The report offers the market size and forecasts in terms of value in USD million for all the above segments.

Product
Bioherbicide
Bioinsecticide
Biofungicide
Other Products
Formulation
Liquid Formulation
Dry Formulation
Ingredient
Microbial Pesticide
Plant Pesticide
Biochemical Pesticide
Mode of Application
Foliar Spray
Seed Treatment
Soil Treatment
Crop
Cereals
Oilseeds
Fruits and Vegetables
Others

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Key Market Trends

Increase in Organic Farming

The biopesticide market in India is expected to witness growth due to the increase in demand for the cultivation of crops such as wheat, rice, and fruits by the method of organic farming that involves the use of various biopesticides to prevent pests and insects. According to the Research Institute of Organic Agriculture, in 2020, the area under organic farming covered across the country is 2.7 million hectares and growth from 2019 to 2020 is about 16%. The area under organic farming has grown due to government schemes such as Paramparagat Krishi Vikas Yojana (PKVY), Mission Organic Value Chain Development for North Eastern Region (MOVCDNER), and National Programme of Organic Production (NPOP). According to the World of Organic Agriculture, in 2020, India ranks first in organic farming with almost 50% of its agricultural land is used for organic farming. 

Biopesticides Market- Regional Trend

Regulations on usage of pesticides

The regulations formed by governments of countries such as India, Germany, and other European countries to ban conventional pesticides containing ammonium sulphamate, azinphos ethyl, dicrotophos, and others. These regulations are expected to help in the growth of the biopesticides market due to the extraction of pesticides from natural materials such as animals, plants, bacteria, and certain minerals. The ban on certain chemical ingredients in pesticides is expected to affect crop export from India to other countries including Europe. For instance, in 2020, the US has ended the agreement with India's Agricultural and Processed Food Products Export Development Authority (APEDA). After 18 month transition period, all organic operations in India wanting to export to the United States after July 2022 will require a certificate issued by a USDA-accredited certifier to be able to export the produced crops. For instance, due to restrictions on certain chemicals, the export volume of rice from 2018 to 2019 decreased and it is anticipated that the use of biopesticides helped the rice producers to increase the export quantity in 2020. Thus, owing to regulations over the use of chemicals in crop protection, the use of biopesticides will increase during the forecasted period.

Biopesticide Market- Region trend

Competitive Landscape

India's biopesticides market is highly fragmented. The major players in the market are Bioworks Inc, Sumitomo Chemical India Pvt Ltd, BASF SE, Valent Biosciences LLC, Nav Agro Pvt Ltd, and Kilpest India ltd. Partnerships, product launches, mergers and acquisitions, and R&D investments are some of the most adopted strategies by active players in the market.

Recent Development

  • In November 2020, Bio-Works Technologies (Nasdaq First North) recently signed a distribution agreement with BioLinx India Pvt Ltd, Mumbai, to import, distribute, promote and sell all its products in India to Academia, Hospitals & Clinics, and Biotech SMEs.
  • In 2019, Bioworks Inc signed a long-term partnership agreement with NACL Industries Ltd for marketing Bioworks Inc's biological products, including biopesticides in India and South Asia.
  • In 2018, BASF India launched the insecticide Sefina to provide support to farmers cultivating cotton and other crops by preventing the crops from sucking insect pests such as jassids and whiteflies. Sefina is an insecticide derived from a natural compound.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product

      1. 5.1.1 Bioherbicide

      2. 5.1.2 Bioinsecticide

      3. 5.1.3 Biofungicide

      4. 5.1.4 Other Products

    2. 5.2 Formulation

      1. 5.2.1 Liquid Formulation

      2. 5.2.2 Dry Formulation

    3. 5.3 Ingredient

      1. 5.3.1 Microbial Pesticide

      2. 5.3.2 Plant Pesticide

      3. 5.3.3 Biochemical Pesticide

    4. 5.4 Mode of Application

      1. 5.4.1 Foliar Spray

      2. 5.4.2 Seed Treatment

      3. 5.4.3 Soil Treatment

    5. 5.5 Crop

      1. 5.5.1 Cereals

      2. 5.5.2 Oilseeds

      3. 5.5.3 Fruits and Vegetables

      4. 5.5.4 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Competitive Landscape

    3. 6.3 Company Profiles

      1. 6.3.1 Bioworks Inc

      2. 6.3.2 Sumitomo Chemical India Pvt Ltd

      3. 6.3.3 BASF SE

      4. 6.3.4 Valent Biosciences LLC

      5. 6.3.5 Koppert Biological Systems India Pvt Ltd

      6. 6.3.6 Nav Agro Pvt Ltd

      7. 6.3.7 Kilpest India limited

      8. 6.3.8 Varsha Bioscience and Technology India Pvt Ltd

      9. 6.3.9 SOM Phytopharma (India) Limited (Agri Life)

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19 ON THE INDUSTRY

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Frequently Asked Questions

The India Biopesticides Market market is studied from 2017 - 2027.

The India Biopesticides Market is growing at a CAGR of 7.3% over the next 5 years.

Bioworks Inc, BASF SE, Valent Biosciences LLC, Sumitomo Chemical India Pvt Ltd., Navagro are the major companies operating in India Biopesticides Market.

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