India is emerging as a global leader in the agrochemicals industry. India’s agrochemicals market size reached a value of USD 4.5 billion in 2020 and is expected to grow at a CAGR of 8.6% during 2021-2026 to reach a value of almost USD 7.4 billion by 2026.
India is emerging as a global leader in the agrochemicals industry. India’s agrochemicals market size reached a value of USD 4.5 billion in 2020 and is expected to grow at a CAGR of 8.6% during 2021-2026 to reach a value of almost USD 7.4 billion by 2026.
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According to the Indian Economic Survey 2021, the domestic market is expected to grow 3x in the next decade. India’s domestic pharmaceutical market is estimated at US$ 42 billion in 2021 and likely to reach US$ 65 billion by 2024 and further expand to reach ~US$ 120-130 billion by 2030.