At an Estimated 7.43% CAGR, India Agrochemicals Market to Touch USD11.76 Billion Mark by 2030

• Overview
• Table of Content
• Research Methodology
• Download Free Sample

India Agrochemicals Market Overview, Trends, Size and Forecast: 2026-2030

The India Agrochemicals Market size is valued at around USD8.22 billion in 2025 and is expected to reach USD11.76 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.43% during the forecast period, i.e., 2026-30, cites MarkNtel Advisors in the recent research report. Market growth is driven by the increasing need to improve the yield of crops and maintain food security for the highly populated country, which is expected to exceed 1.5 billion by 2030. For instance, the country annually loses about 20–25% of its potential output to pest and disease-related damages. This is driving the demand for agrochemicals to maintain productivity in the country. Also, the government has continued its focus on doubling farmer incomes and improving the efficiency of nutrient-use through schemes such as the Nutrient-Based Subsidy (NBS) and National Food Security Mission (NFSM), thereby propelling the adoption of fertilizers, pesticides, and other agrochemicals in the country.

Moreover, the high presence of chemical-resistant pest species and weed infestations in the country is due to warm temperatures and erratic rainfall, thereby increasing the adoption of chemicals in agriculture. This is also compelling major players such as UPL Ltd. and Rallis India to increasingly invest in integrated pest and nutrient management solutions that are suited to local conditions. Additionally, increasing mechanization and labor shortages in the country are driving the demand for herbicides and bio-inputs by the end-users. Therefore, these factors are driving the market growth in the country, further states the research report, “India Agrochemicals Market Analysis, 2026.”

India Agrochemicals Market Segmentation Insights:

Fertilizers Generate Maximum Market Revenue

Based on agrochemical type, the market is further bifurcated into fertilizers, pesticides, plant growth regulators (PGRs), and others. Fertilizers hold the largest market share of around 55%. This lead is due to the universal applicability of fertilizers across cereals, pulses, and horticultural crops, unlike pesticides or PGRs, which are conditionally applied. For instance, the annual demand for fertilizers in the country is projected to exceed 340 lakh tonnes by 2030, supported by government-backed price subsidies under the Nutrient Based Subsidy (NBS) scheme and direct benefit transfers that improve affordability for smallholder farmers.

Moreover, the high fertilizer demand is due to the high cultivation of staple crops, the expansion of irrigable land, and declining soil fertility in the country. For instance, irrigated regions cover nearly half of the country’s cropped area and consume over two-thirds of total fertilizer inputs. Additionally, there is increasing cultivation of high-yielding and hybrid seed varieties, thereby driving the per-hectare nutrient requirements and driving the demand, particularly for nitrogen and potash-based fertilizers. Therefore, these factors are ensuring the market lead of fertilizers in the country.

Cereals & Grains Crop Type Consume a Significant Volume of Agrochemicals

Cereals and grains dominate the market with a share of nearly 47%. The dominance is due to the high cultivation footprint of rice, wheat, and maize, together occupying over 60% of the country’s gross cropped area, all of which have high nutrient and pest management requirements, thereby driving consistent demand for agrochemicals such as fertilizers, herbicides, and fungicides across both Kharif and Rabi seasons in the country. For instance, food grains account for nearly two-thirds of fertilizer consumption in the country.

Moreover, the cultivation of staple grains is supported by the government through minimum support price (MSP) programs, which create predictable returns for farmers and compel them to invest in agrochemicals that improve crop yields. For instance, due to this, leading players such as UPL Ltd. and Bayer CropScience are expanding their cereal-targeted product portfolios by leveraging economies of scale and adapting formulations to maintain profitability. Therefore, these factors are ensuring the market lead of this segment over the forecast period.

Top Companies in the India Agrochemicals Market

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading India Agrochemicals Market companies, including ADAMA India Pvt. Ltd., BASF India, Bayer CropScience India, Corteva Agriscience India, Dhanuka Agritech Ltd., FMC India (FMC Corporation), Gharda Chemicals Ltd., Godrej Agrovet Ltd., Insecticides (India) Ltd., PI Industries Ltd., Rallis India Ltd., Sumitomo Chemical India, Syngenta India, Tagros Chemicals (Arqivo subsidiary), UPL Ltd., and Others are looking forward to increase their market size & share.

Key Questions Answered in the Research Report

1. What is the scope, size, value, and forecast of the India Agrochemicals Market?
2. What is the volume and share of each segment in the India Agrochemicals Market?
3. What are the key trends shaping the India Agrochemicals Market from 2026 to 2030?
4. What growth factors and risks impact the India Agrochemicals Market?
5. What are the main challenges faced by players in the India Agrochemicals Market?
6. What are the top opportunities in the India Agrochemicals Market?
7. What does competitive analysis reveal about the India Agrochemicals Market landscape?
8. Who are the key players and companies leading the India Agrochemicals Market?
9. What innovations are transforming the future dynamics of the India Agrochemicals Market?
10. How are partnerships and collaborations driving the India Agrochemicals Market growth?
11. How does the India Agrochemicals Market differ based on geography and segments?