Most up-to-date research on "Agrochemicals Market in India 2014" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 12/24/2014 -- Netscribes latest market research report titled Agrochemicals Market in India 2014 describes the dynamics of agrochemicals usage in this country. Agrochemicals, which form a major division of the chemical industries in India, refer to a broad range of pesticides, including insecticides, herbicides and fungicides. India is one of the largest producers of agrochemicals in the world. The domestic market is primarily driven by insecticides, followed by herbicides and fungicides. Low manufacturing costs and availability of process technologies attract multinational companies to form strategic alliances with agrochemical companies in India, resulting in transfer of technology and sharing of knowledge.
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Demand for agrochemicals in India is driven by the need to increase farmland productivity and prevent loss of crops from pest attack. Government initiatives to increase minimum support price (MSP) for farmers and various schemes for short term crop loans help provide credit facilities to buy the relatively expensive agrochemicals. However, lack of knowledge regarding proper usage of agrochemicals, presence of spurious pesticides and rising environmental concerns are impediments to the growth of the industry in India. That is why, Integrated Pest Management, genetically modified seeds and biopesticides have emerged as sustainable means to protect crops in the future.
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Global Agrochemicals Market 2012-2016
TechNavio's analysts forecast the Global Agrochemicals market to grow at a CAGR of 4.36 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased global demand for food grain. The Global Agrochemicals market has also been witnessing increasing adoption of genetically modified (GM) crops. However, increased environmental and health concerns could pose a challenge to the growth of this market.
Manufacturing and Supply Partnering Terms and Agreements in Pharma, Biotech and Diagnostics
The Manufacturing and Supply Partnering Terms and Agreements in Pharma, Biotech and Diagnostics report provides comprehensive understanding and unprecedented access to the manufacturing and supply agreements entered into by the world's biopharma companies. The report provides a detailed understand and analysis of how and why companies enter manufacturing and supply deals.
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