India Agritech Market, India Agritech Industry, Market Sales, Market Revenue: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How is The Agritech Industry Positioned in India? India is traditionally an agrarian economy. Agriculture accounts for ~% of the total employment in India and contributes ~% of the country’s GDP. In FY’2020, the agri products market in India on the basis of volume was valued at ~ Million tones with the Gross Value Added by the Sector amounting to ~ INR Lakh Crore in FY’2020. The market growth is dependent on various factors such as climatic conditions, productivity of the crop, weed management, pest and disease management, which often lead to fluctuation and volatility in the industry. Rice and wheat are the major crops sown in India accounting for ~% and ~% of the cultivated land in India. Crop yield in India however lags behind its peers including US, China and Brazil in most Foodgrains. Low yield results in low incomes for the farmers. These pain points of farmers resulted in the emergence of agritech startups in India, aiming to solve the inefficiencies along the agribusiness value chain. By the end of 2020, there were over 600 agritech startups in India, operating with different models in different segments. The sector has been witnessing intensive funding from venture capital firms and even international investors. In 2020, the total investment in the sector crossed USD ~ million, despite the ongoing Covid-19 pandemic. On the basis of revenue, the agritech industry was valued at ~ INR Crore in FY’2020, witnessing a growth rate of ~% from FY’2019-FY’2020. India Agritech Market Segmentations Input Market Linkage & Farming as a Service (FaaS) Segment The segment is the second largest contributor to the revenue of the overall agritech industry in India. The adoption of input market linkage solutions is fast growing in the country. Many players such as Agrostar and Bighaat offer missed call based service for farmers ordering inputs & equipments along with cash on delivery service. On the other hand, some players are offering services such as on-demand machinery rental, field leveling, and pesticide spraying as a part of farming as a service. Supply Chain, Post Harvest Management and Output Market Linkage Segment The segment witnessed maximum growth amongst all the segments in FY’2020. Players in the segment are involved in collection, processing, storage, logistics and distribution of agri produce from the farmers to the end customers or retailers. Inadequate rural infrastructure including pack houses at farm gates, paved roads, etc and lack of traceability along the supply chain has necessitated the intervention of agritech players in the segment. Precision Farming, Advisory and Analytics Segment The segment is currently in a nascent stage in India. Lack of knowledge about scientific farming methods and techniques among famers in India led to the entry of agritech startups offering precision farming solutions and advisory. These players collect farm specific data about soil, weather conditions, humidity, pests etc using IoT sensors or geospatial technology and combine analytical capabilities to provide timely insights to the farmers. Some players are also offering quality assessment hardware and farm management solutions. Agri Fintech Segment The segment is currently in nascent stage in India. The segment comprises of agritech startups offering solutions such as credit, insurance, warehouse receipt financing, trade financing, etc. The segment is still in a nascent stage and has witnessed the entry of players majorly in the last 5-6 years. Lack of access to organized credit, collateral and formal documentation is the biggest challenge faced by farmers that are often in need to small ticket sized loans. Agritech players are leveraging technologies such as geo tagging of farm lands and remote crop monitoring to build risk profiles of farmers and ascertain their credit worthiness. To Know More about this report, download a Free Sample Report Competition Scenario in India Agritech Market Input Market Linkage and Farming as a Service Segment The competition in the segment is concentrated with the top 5 players accounting for ~% of the industry’s revenue. Startups operating in the segment compete on the basis of parameters such as number of farmers catered, geographical presence, typed of inputs, number of brand partnerships, etc. Major players operational in the segment are Agrostar, Dehaat, EM3 Agriservices, Gold Farm, Gramophone, etc. Supply Chain, Post Harvest Management and Output Market Linkage Segment The competition in the segment is concentrated with the top 5 players accounting for ~% of the industry’s revenue. Agritech startups operating in the segment compete on the basis of parameters such as number of buyers, partnerships, geographical presence, number of farmers/suppliers, number of fulfillment centers, etc. Major players operational in the segment are Samunnati Agro, Ninjacart, Waycool, Arya Collateral, Dehaat & many more. Precision Farming, Advisory and Analytics Segment The competition in the segment is fragmented with the top 5 players accounting for ~% of the industry’s revenue. Agritech startups operating in the segment compete on the basis of factors such as proprietary hardware/technologies, number of customers/farmers, farmer on-boarding process, geographical presence, etc. Major players operational in the segment are Cropin, Intello Labs, Satsure Analytics, FarmERP, Agnext & many more. Agri Fintech Segment The competition in the segment is moderately concentrated with the top 3 players accounting for ~% of the industry’s revenue. Agritech startups operating in the segment compete on the basis of parameters such as number of partner banks & NBFCs, interest charged, geographical presence, channel partner network, number of customers, etc. Major players operational in the segment are Samunnati Financial Intermediation Services, Origo Finance, Ergos, Gramcover, Aryadhan & more. India Agritech Market Future Outlook and Projections The agritech market in India is expected to reach at a value of INR ~ Crore by FY’2025 registering a CAGR of ~% during the forecast period of FY’2020-FY’2025. The outbreak of Covid-19 pandemic acted as a catalyst and stimulated the adoption of agritech solutions among farmers and other stakeholders. Other factors as growing rural internet penetration, higher mobile connectivity, increased focus on rural financial inclusion, etc are expected to drive the growth of the industry. Many more startups are expected to enter the industry in the coming years to harness the industry’s untapped potential. India Agritech Market (Basis Revenue):- India Agritech Market Segmentations By Nature of Services, FY’2019-FY’2020 (On the basis of Revenue) Input Market Linkage & Farming as a Service (FaaS) Supply Chain, Post Harvest Management & Output Market Linkage Precision Farming, Advisory & Analytics Agri Fintech By Region (On the basis of No. of Agritech Startups) Karnataka Maharashtra Delhi NCR Haryana Tamil Nadu Telangana Gujarat Others Agritech Startups Covered:- Input Market Linkage & Farming as a Service (FaaS) Agrostar Dehaat Gramophone EM3 Agriservices Gold Farm Bighaat Thanos Technologies Supply Chain, Post Harvest Management & Output Market Linkage Samunnati Agro Ninjacart Waycool Arya Collateral Dehaat Farmlink Crofarm Agrowave Precision Farming, Advisory & Analytics Cropin Satsure Analytics Intello Labs FarmERP AgNext BharatAgri Yuktix Technologies Fasal Agricx Agri Fintech Samunnati Financial Intermediation & Services Origo Finance Ergos Gramcover Aryadhan Financial Solutions Farmart Jai Kisan Poultry & Dairy Tech Milk Mantra Country Delight Stellapps Happy Cow Dairy Eggoz Mr. Milkman Mooofarm Key Target Audience:- Agritech Companies Input Manufacturing Companies Venture Capital Firms Independent Investors Industry Associations Rural Banks & NBFCs Government and Regulatory Bodies Time Period Captured in the Report:- Historical Period: FY’2019-FY’2020 Forecast Period: FY’2021-FY’2025 For more information on the research report, refer to below link:- India Agritech Market Related Reports by Ken Research:- Myanmar Agriculture Machinery Market Outlook to 2025: Driven by Growth in Machinery Supply and Government’s Focus on Agriculture Mechanization in the Country Vietnam Agricultural Machinery Market Outlook To 2025 – Agriculture Tractor Market (By Type: 2W And 4W Tractors, By Power: Below 12 HP, 12HP-35HP, And Above 35HP, By Region: Central Highlands, North Central & Central Coast, Mekong Delta, Northern Midlands and Mountains, Red River Delta and South East), Combine Harvester Market, Rice Transplanters Market and Agriculture Implements Market (By Product Type: Rotavator, Plough, Harrow, Fertilizer Spreaders and Others) Tags: AgNext Advisory And Analytics Market Revenue, AgNext Precision Farming Market Revenue, Agri Fintech Startups India, Agriculture Industry India, Agricx Advisory And Analytics Market Sales, Agricx Precision Farming Market Sales, Agritech Industry In India, Agritech Investments India, Agritech Market In India, Agritech Startups Funding India, Agrostar Farming as a Service (FaaS) Market Revenue, Agrowave Output Market Linkage Market Sales, Agrowave Post Harvest Management Market Revenue, Agrowave Supply Chain Market Revenue, Arya Collateral Output Market Linkage Market Revenue, Arya Collateral Supply Chain Market Shares, Arya Post Harvest Management Market Shares, Aryadhan Financial Solutions Agri Fintech Market Revenue, BharatAgri Advisory And Analytics Market Size, BharatAgri Precision Farming Market Size, Bighaat 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