🇮🇳 Agriculture theme 🌾

Agrochemicals🧪🌱🌿
🔵India is 4th largest producer of agrochemicals in the world with an estimated market of $4.5B & it is expected to reach $8.5B by 2025.
🔵Avg. consumption of pesticides in India is 0.65gm/ha versus global avg of 3 kg/ha.

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Agrochemicals🧪🌱

🔵Pesticides market is dominated by insecticides with more than 50% market share followed by Herbicides with 24% & fungicides with 18% market share.
🔵Herbicides segment is leading the growth due to increased awareness amongst farmers about its benefits.

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Agrochemicals 🧪 🌱

🔵Insecticides kills the insects, Herbicides helps in growth of plant while fungicides helps in preventing fungus growth on plant leaves
🔵With increased awareness farmers have started using it to yield better production & to grow their income

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Agrochemicals🧪🌱🌿

🔵India with a cultivated land of around 150 million hectares ranks 2nd in agricultural production with a value of more than $370 billion.
🔵Vast size & low avg of pesticides consumption presents a scope of significant growth in years to come.

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Agrochemicals 🧪 🌱 🌿

🔵UPL, Bayer Crop & PI Ind. are the leading companies in Agrochem. sector
🔵Focus on the companies which are making herbicides as this segment is growing faster amongst all the pesticides

Plz research more to get more info about Agrochem.

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