Agriculture Industry In India Generating Revenue of INR 236,603.2 Billion by 2033, Booming At CAGR of 10.08%

Attributes and Key Statistics of the Agriculture Industry In India Report by IMARC Group:

Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Units: INR Billion
Market Size in 2024: INR 99,689.0 Billion
Market Forecast in 2033: INR 236,603.2 Billion
Market Compound Annual Growth Rate 2025-2033: 10.08%

As indicated in the latest market research report published by IMARC Group, titled "Agriculture Industry in India Report by Subsectors (Farming, Agriculture Equipment, Fertilizers, Pesticides, Warehousing, Cold Chains, Food Processing, Dairy Market, Floriculture, Apiculture, Sericulture, Seeds, Fisheries, Poultry, Animal Husbandry, Animal Feed, Bio-Agriculture Market) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.

Market Size & Future Growth Potential:

The agriculture industry in India reached a value of INR 99,689.0 Billion in 2024. Looking ahead, the market is expected to reach INR 236,603.2 Billion by 2033, exhibiting a compound annual growth rate (CAGR) of 10.08% during 2025-2033.

Core Factors Driving Market Trends:

The agriculture industry in India is embarking on a phase of change that is being fueled by a mix of technological interventions, policy changes, and increasing consumer demand for high-quality and sustainable food items. Essentially, agriculture remains the backbone of India's economy, employing almost half of the workforce in the country, and recent trends are altering conventional approaches. Besides, the growing penetration of agri-tech startups that provide precision farming, drone monitoring, soil health tracking, and AI-powered advisory services is transforming the industry.

In addition, government initiatives in the form of schemes such as PM-KISAN, insurance schemes for crops, and subsidies for irrigation and machinery have improved farmer confidence and productivity extensively. Also, the rise in demand for organic produce and health-conscious eating habits among consumers is encouraging farmers to shift toward chemical-free and integrated farming methods. Furthermore, the use of high-yielding seed varieties, bio-fertilizers, and modern irrigation systems is leading to better crop outputs and efficient water use. In parallel, digital platforms are streamlining the supply chain by connecting farmers directly to markets, improving price realization, and reducing post-harvest losses.

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Apart from this, cold storage and warehousing facilities are increasing steadily, reducing perishable items such as fruits and vegetables' spoilage. Apart from this, Indian agricultural products such as spices, rice, pulses, and marine products are rising exports because of worldwide demand and better international quality standards compliance. Further, contract farming and farmer-producer organizations (FPOs) are developing economies of scale and facilitating access to credit, technology, and inputs. At the same time, rising rural literacy and mobile penetration are facilitating the dissemination of vital weather and crop advisory data to farmers in real-time.

On top of that, the urban consumer trend towards farm-to-fork models is driving the demand for traceable and fresh produce, stimulating innovation in last-mile delivery logistics. Further, mechanization is picking up with the growing consciousness regarding labor shortages and the availability of low-cost equipment. Finally, climate-resilient agricultural practices bolstered by data analytics and satellite imaging are being implemented to make Indian agriculture weather pattern resilient. Together, these drivers are creating a dynamic, technology-enabled, and sustainable agricultural ecosystem in India with a vast potential for rural empowerment and future food security.

An In-Depth Analysis of Prominent Companies in the Industry by IMARC Group:

• DuPont India
• Rallis India Limited (Tata Chemicals Limited)
• Nuziveedu Seeds Limited
• Godrej Agrovet Limited
• Nestle India Limited
• Advanta Seeds
• Parle Products Pvt. Ltd.
• Britannia Industries Limited
• IFFCO

Comprehensive Market Report Highlights & Segmentation Insights:

Segmentation by Subsectors:

• Farming
• Agriculture Equipment
• Fertilizers
• Pesticides
• Warehousing
• Cold Chains
• Food Processing
• Dairy Market
• Floriculture
• Apiculture
• Sericulture
• Seeds
• Fisheries
• Poultry
• Animal Husbandry
• Animal Feed
• Bio-Agriculture Market

Key highlights of the Report:

• Historical Market Performance
• Future Market Projections
• Impact of COVID-19 on Market Dynamics
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Drivers
• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
• Market Ecosystem and Value Creation Framework
• Competitive Positioning and Benchmarking Strategies

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Major Advantages of the Report:

• This report provides market leaders and new entrants with accurate revenue estimates for the overall market and its key subsegments.
• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

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• Extensive Industry Expertise
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Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

Explore More Research Reports & Get Your Free Sample Now:

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