India's pesticide sector was valued at Rs. 197 billion in 2018, making it the world's fourth-largest pesticide manufacturer. With a compound annual growth rate of 8.1 percent from 2019 to 2024, the pesticide sector is expected to reach Rs. 316 billion.
According to NOVONOUS predictions, India's pest control market will grow at a CAGR of 22 percent by 2020. The pest control sector in India has grown to a value of INR 20,000 crores, with the top businesses controlling 57 percent of the market.