According to the latest report by IMARC Group, titled, “Indian Bio Agriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“,The Indian bio agriculture market size reached INR 62,249 Million in 2022. Looking forward, IMARC Group expects the market to reach INR 97,147 Million by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.

Bio agriculture refers to organic or biodynamic farming practices that produce high quality and nutritious produce without the use of synthetic fertilizers or agricultural chemicals. According to the World Organic Agriculture 2019 study, published by IFOAM – Organics International and the Research Institute of Organic Agriculture (FiBL), India has one of the highest numbers of organic farmers in the world. Biological farming is widely practiced by farmers in India to achieve a balance between the physical, chemical and biological facets of the soil aided by improved organic content. They utilize the latest technologies to maximize the activity of soil microbes through the provision of proper soil nutrition and structure.

Indian Bio Agriculture Market Trends:

In recent years, there has been a significant shift toward bio agriculture practices in India. This trend can be accredited to the excessive use of fertilizers and artificial growth regulators that have led to soil pollution and increased the levels of chemicals in the food chain. Besides this, the growing health-consciousness has encouraged consumers to opt for organic products, which in turn is providing a positive impact on the industry. Along with this, the rising environmental concerns have also prompted farmers to practice bio agriculture as it is a chemical-free method that ensures optimum utilization of natural resources and helps in conserving them. Moreover, the Government of India has introduced various schemes and programs to promote bio- agriculture so as to meet the rising demand for food across the country. Some of these schemes include the National Mission for Sustainable Agriculture (NMSA)/Paramapragat Krishi Vikas Yojana (PKVY), Rashtriya Krishi Vikas Yojana (RKVY), Mission for Integrated Development of Horticulture (MIDH), National Mission on Oilseeds Oil Palm (NMOOP), and Network Project on Organic Farming of ICAR.

Request a Free Sample Report: https://www.imarcgroup.com/indian-bio-agriculture-industry/requestsample

Indian Bio Agriculture Market 2023-2028 Analysis and Segmentation:

The report has segmented on the basis of segment and region.

Based on the segment:

Transgenic crops
Biofertilizers
Biopesticides

Bases on region:

North India
South India
East India
West India.

Ask Analyst for Customization and Explore Full Report with TOC List of Figure: https://www.imarcgroup.com/indian-bio-agriculture-industry

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023 - 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group