India Insecticide Market Size

The India Insecticide Market is projected to experience growth over the forecast period, driven by the need for efficient pest management in agricultural practices. The market's expansion is influenced by the adoption of various application methods, with foliar application being the most dominant due to its effectiveness in controlling insect infestations, particularly in grains and cereals cultivation. Seed treatment also plays a significant role, as it helps protect seeds and seedlings, ensuring optimal crop establishment and yield. The increasing demand for food driven by a growing global population necessitates enhanced agricultural productivity, contributing to the market's growth trajectory.

INSTANT ACCESS

Home Market Analysis Agriculture Research Crop Protection Research India Insecticide Market Market Size

Market Size of india insecticide Industry

India Insecticide Market Summary
share button
svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 1.78 Billion
svg icon Market Size (2029) USD 2.15 Billion
svg icon Largest Share by Application Mode Foliar
svg icon CAGR (2024 - 2029) 3.91 %
svg icon Fastest Growing by Application Mode Seed Treatment

Major Players

India Insecticide Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

WHY BUY FROM US?

1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

India Insecticide Market Analysis

The India Insecticide Market size is estimated at 1.78 billion USD in 2024, and is expected to reach 2.15 billion USD by 2029, growing at a CAGR of 3.91% during the forecast period (2024-2029).

1.78 Billion

Market Size in 2024 (USD)

2.15 Billion

Market Size in 2029 (USD)

3.24 %

CAGR (2017-2023)

3.91 %

CAGR (2024-2029)

Largest Segment by Application Mode

57.61 %

value share, Foliar, 2023

Icon image

Foliar mode effectively controls insects, aphids, pink borers, armyworms, rice weevils, beetles, rice moths, and other insect pests in various crops, growing the market for foliar.

Largest Segment by Crop Type

44.66 %

value share, Grains & Cereals, 2023

Icon image

These crops are vulnerable to various insect pests such as stem borers, leaf folders, and weevils, causing severe economic loss and necessitating insecticide application.

Fastest-Growing Segment by Crop Type

4.12 %

Projected CAGR, Commercial Crops, 2024-2029

Icon image

Commercial crops are economically important, and insecticides protect against pests such as aphids, borers, and other insects, ensuring higher yields and profitability.

Leading Market Player 1

14.97 %

market share, FMC Corporation, 2022

Icon image

FMC Corp concentrates on its market growth with the expanding product portfolio by adding new products like Talstar Plus and Corprima to provide effective solutions.

Leading Market Player 2

8.87 %

market share, Sumitomo Chemical Co. Ltd, 2022

Icon image

Sumitomo Chemicals invests more in extending its product portfolio by adding new innovative insecticide products for various crop types, resulting in growing its market share.

The foliar application mode is a common and effective way of applying insecticides for preventive and curative methods

  • In India, insecticides are applied through various modes to control insects in agricultural practices. Farmers can achieve cost savings by choosing a suitable application method covering specific areas and minimizing wastage. This increased efficiency leads to optimized insecticide usage and reduced input costs for farmers.
  • The dominant mode of insecticide application in agricultural practices is foliar application, which accounted for 57.5% of the insecticide application segment in 2022. This method is predominantly used in grains and cereals cultivation, which holds the largest market share at 44.6%. The popularity of foliar treatment insecticides can be attributed to their rapid effectiveness in controlling insect infestations, making them crucial for efficient pest management.
  • Seed treatment is the second most prevalent application method, accounting for a market share of 16.9% in the segment. This is primarily because farmers have acknowledged the significance of safeguarding seeds and seedlings from insect pests to ensure optimal crop establishment, maximize yield, and reduce insecticide usage in future growth stages.
  • From 2019 to 2021, the application mode market demonstrated a projected increase with a CAGR of 2.2%. Farmers' preference for a specific application mode depends on the target insect, crop type, insect stage, and equipment availability. The growing global population and the resulting higher demand for food have led to a necessity to enhance agricultural productivity. As a result, the application mode segment is expected to witness a CAGR of 3.8% during the forecast period.
India Insecticide Market

India Insecticide Industry Segmentation

Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment are covered as segments by Application Mode. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type.

  • In India, insecticides are applied through various modes to control insects in agricultural practices. Farmers can achieve cost savings by choosing a suitable application method covering specific areas and minimizing wastage. This increased efficiency leads to optimized insecticide usage and reduced input costs for farmers.
  • The dominant mode of insecticide application in agricultural practices is foliar application, which accounted for 57.5% of the insecticide application segment in 2022. This method is predominantly used in grains and cereals cultivation, which holds the largest market share at 44.6%. The popularity of foliar treatment insecticides can be attributed to their rapid effectiveness in controlling insect infestations, making them crucial for efficient pest management.
  • Seed treatment is the second most prevalent application method, accounting for a market share of 16.9% in the segment. This is primarily because farmers have acknowledged the significance of safeguarding seeds and seedlings from insect pests to ensure optimal crop establishment, maximize yield, and reduce insecticide usage in future growth stages.
  • From 2019 to 2021, the application mode market demonstrated a projected increase with a CAGR of 2.2%. Farmers' preference for a specific application mode depends on the target insect, crop type, insect stage, and equipment availability. The growing global population and the resulting higher demand for food have led to a necessity to enhance agricultural productivity. As a result, the application mode segment is expected to witness a CAGR of 3.8% during the forecast period.
Application Mode
Chemigation
Foliar
Fumigation
Seed Treatment
Soil Treatment
Crop Type
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
Turf & Ornamental
Need A Different Region Or Segment?
Customize Now

India Insecticide Market Size Summary

The India insecticide market is poised for growth, driven by the increasing need to enhance agricultural productivity and protect crops from a variety of pests. Insecticides are crucial in managing pest infestations, which can significantly impact crop yields. The market is characterized by diverse application methods, with foliar application being the most dominant due to its effectiveness in controlling pests in grain and cereal cultivation. Seed treatment also holds a significant share, as it helps in safeguarding seeds and seedlings, ensuring optimal crop establishment. The growing global population and the consequent rise in food demand further propel the need for effective pest management solutions, making insecticides an integral part of agricultural practices in India.

The market landscape is fragmented, with major players like ADAMA Agricultural Solutions Ltd, FMC Corporation, PI Industries, Sumitomo Chemical Co. Ltd, and UPL Limited holding a significant portion of the market share. The development of insect resistance and the presence of invasive species contribute to the increasing consumption of insecticides, as farmers are compelled to use larger or more frequent applications to achieve desired pest control. The introduction of new products and partnerships, such as Bayer's collaboration with Oerth Bio and FMC's launch of Talstar Plus and Corprima, highlights the ongoing innovation and strategic efforts to address pest challenges and improve crop protection. As India continues to focus on boosting agricultural output, the insecticide market is expected to expand, driven by the need to protect staple and cash crops from pest-related losses.

Explore More >

India Insecticide Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Application Mode

      1. 1.1.1 Chemigation

      2. 1.1.2 Foliar

      3. 1.1.3 Fumigation

      4. 1.1.4 Seed Treatment

      5. 1.1.5 Soil Treatment

    2. 1.2 Crop Type

      1. 1.2.1 Commercial Crops

      2. 1.2.2 Fruits & Vegetables

      3. 1.2.3 Grains & Cereals

      4. 1.2.4 Pulses & Oilseeds

      5. 1.2.5 Turf & Ornamental

India Insecticide Market Size FAQs

The India Insecticide Market size is expected to reach USD 1.78 billion in 2024 and grow at a CAGR of 3.91% to reach USD 2.15 billion by 2029.

In 2024, the India Insecticide Market size is expected to reach USD 1.78 billion.

India Insecticide Market Report Snapshots