Agriculture Industry In India 2022: Size, Overview, Trends, Latest Insights and Forecast to 2027

According to IMARC Group's latest report, titled "𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳," the agriculture industry in India size reached INR 71,220 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 142,280 Billion by 2027, exhibiting a growth rate (CAGR) of 12.3% during 2022-2027.

𝗬𝗲𝗮𝗿 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗼 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲:

Base Year of the Analysis: 2021

Historical Period: 2016-2021

Forecast Period: 2022-2027

𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

The agriculture industry comprises companies or enterprises that are majorly involved in processing, storing, cleaning, or packing various types of products that are mostly obtained from agricultural production. Standard farming products are categorized under foods, fibers, and raw materials. The agriculture industry includes growing crops, encompassing farms, raising fish and animals, logging wood and dairies, etc. In addition, it also incorporates businesses that support farming practices by producing seeds, fertilizers, and farm equipment. As a result, the agriculture industry represents an essential part of the Indian economy and a source of employment for most of the population, thereby propelling the market growth.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/agriculture-industry-in-india/requestsample

𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝗧𝗿𝗲𝗻𝗱𝘀:

The escalating demand for agrarian products across the country and the inflating rural and urban income levels are among the primary factors driving the agriculture industry in India. Besides this, the increasing utilization of advanced methods, such as blockchain, artificial intelligence (AI), geographic information systems (GIS), drones, and remote sensing technologies, and the introduction of several e-farming applications are further augmenting the market growth. Moreover, the launch of favorable policies by the government bodies to support and upgrade the overall agricultural infrastructure, including credit facilities for farmers, crop insurance schemes, and various incentives for the movement of farming products by air transport, is also catalyzing the market across India. Apart from this, the elevating requirement for organic agrarian items among the masses is acting as another significant growth-inducing factor. Furthermore, the development of allied services, such as cold storage and warehouses, diverse agro-climatic conditions, a high proportion of arable land, and the emerging trend of digitization, are expected to bolster the agriculture industry in India in the coming years.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=658&method=1

𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗪𝗶𝘁𝗵 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:

The competitive landscape of the agriculture industry in India has been studied in the report with the detailed profiles of the key players operating in the market.

𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲𝘀𝗲 𝗣𝗹𝗮𝘆𝗲𝗿𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲:

• DuPont India Private Limited
• Rallis India Limited
• Nuziveedu Seeds Limited
• Godrej Agrovet Limited
• Nestlé India Limited
• Advanta (UPL Limited)
• Monsanto Company
• Parle Products Private Limited
• Britannia Industries Limited
• REI Agro Limited
• Indian Farmers Fertiliser Cooperative (IFFCO) Limited

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘂𝗺𝗺𝗮𝗿𝘆:

Based on the subsectors, the market has been segmented into farming, agriculture equipment, fertilizers, pesticides, warehousing, cold chains, food processing, dairy market, floriculture, apiculture, sericulture, seeds, fisheries, poultry, animal husbandry, animal feed, and bio-agriculture market.

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/agriculture-industry-in-india

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.