Agriculture Industry in India: A Comprehensive Market Analysis, Future Trends, and Growth Forecast (2026-2034)

The latest report by IMARC Group, 'Agriculture Industry in India Size, Share, Trends and Forecast by Subsectors, 2026-2034', provides a comprehensive industry analysis. It delivers deep insights into the Indian agriculture market, highlighting growth drivers, competitive landscapes, and emerging segment trends for the 2026-2034 forecast period.

What is the Agriculture Industry in India Size, Share, Trends, and Growth Forecast (2026-2034)?

According to the latest analysis by IMARC Group, the agriculture industry in India size was valued at INR 1,09,737.7 Billion in 2025. Looking forward, the market is projected to reach INR 2,51,993.1 Billion by 2034, exhibiting a robust compound annual growth rate (CAGR) of 9.68% during the forecast period (2026-2034).

Key Market Statistics (2025-2034):

Here are the essential figures from the IMARC Group report:

• Market Size (2025): INR 1,09,737.7 Billion
• Projected Market Value (2034): INR 2,51,993.1 Billion
• Growth Momentum: 9.68% CAGR
• Regional Scope: India
• Study Period: 2026-2034

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What is driving the growth of the Agriculture Industry in India?

The rapid expansion of the Indian agriculture sector is propelled by a combination of rising food demand, technological adoption, and aggressive government policy support.

Key Growth Drivers:

• Government Initiatives & Financial Support: Unprecedented budget allocations (INR 1,27,290.16 crore in 2025-26) and schemes like PM-Kisan Samman Nidhi are providing direct income support. Expanded irrigation infrastructure under Pradhan Mantri Krishi Sinchayee Yojana is a major catalyst.

• Digital Transformation & Precision Agriculture: The integration of IoT, AI, and drones is optimizing resource usage. The government announced a INR 6,000 crore investment in precision farming technologies in September 2024 to benefit farmers across the nation.

• Expanding Export Markets: India's agricultural exports reached approximately USD 25.9 billion between April and September 2025. Enhanced global market access and value chain development are driving revenue expansion.

• Climate-Resilient Practices: There is a growing shift towards natural and organic farming, with 59.12 lakh hectares brought under organic farming. The government plans to introduce 1 crore farmers to natural farming over the next two years.

• Rising Horticulture Production: Diversification into high-value crops like fruits and vegetables has led to a remarkable growth trajectory, with horticulture production climbing to 367.72 million tonnes in 2024-25.

What are the Key Trends Shaping the Agriculture Industry in India (2026-2034)?

The Indian agricultural landscape is undergoing a massive transformation, shifting from traditional subsistence farming to technology-driven commercial agribusiness.

Emerging Market Trends:

• Adoption of Digital Public Infrastructure: The Digital Agriculture Mission is bringing 6 crore farmers under formal land registry systems, enhancing access to credit and services.

• Growth of Agri-Tech Startups: A vibrant innovation ecosystem is transforming value chains through technology-enabled solutions, supported by record venture capital investments.

• Renewable Energy Integration: Under PM-KUSUM, farmers are transforming into renewable energy suppliers through field-mounted solar panels.

• Focus on Pulses & Oilseeds Self-Reliance: Missions like the "Mission for Aatmanirbharta in Pulses" (budgeted at ₹11,440 crore) aim to achieve domestic self-sufficiency through enhanced production and assured procurement.

Who are the Key Players in the Agriculture Industry in India?

The competitive landscape of the Indian agriculture market is driven by a mix of established agribusinesses and emerging technology providers investing in digital advisory platforms and supply chains.

The following leading companies are profiled in the IMARC Group report for their significant market presence:

• 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

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/agriculture-industry-in-india

How is the Agriculture Industry in India Segmented?

The market segmentation of the Indian agriculture industry is characterized by diverse subsectors, driving specialized growth across the economy.

The following section provides a detailed breakdown of the market categories analyzed in the IMARC Group report:

Analysis by Subsectors:

The industry is categorized into various specialized segments catering to diverse agricultural needs.

• 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

Farming dominates the market with a share of 18% in 2025, driven by assured government procurement under Minimum Support Price mechanism and strong domestic demand for various grains and pulses.

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What are the Recent Developments in the Agriculture Industry in India?

The Indian agriculture market is witnessing strategic funding, infrastructure milestones, and the rollout of next-gen schemes.

The following are the latest developments and news highlights as noted in the IMARC Group report:

• Mission Launches: On October 11, 2025, Prime Minister Shri Narendra Modi inaugurated the Mission for Aatmanirbharta in Pulses with a budget of ₹11,440 crore to boost domestic pulse production.

• Export Growth: Agricultural product exports reached $25.9 billion from April to September 2025, marking an 8.8% increase compared to the previous year.

• Tech Investments: In September 2024, the government announced a INR 6,000 crore investment in precision farming technologies, including AI and drones, under the Mission for Integrated Horticulture Development.

What is the Future Outlook for the Agriculture Industry in India?

The future outlook of the Indian agriculture industry is characterized by transformative growth driven by technology integration and robust policy support.

The following are the key future projections as highlighted in the IMARC Group report:

• Massive Market Valuation: The market is projected to reach INR 2,51,993.1 Billion by 2034, supported by data-driven management systems and enhanced global competitiveness.

• Continued Digital Integration: The sector will see further integration of AI, IoT, and precision farming technologies, improving productivity and resource efficiency.

• Sustained Export Momentum: Agricultural exports are expected to maintain strong momentum, with a rising share of processed food products increasing value addition.
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Explore More Reports & Get Your Free Sample Now!

• India Ayurvedic Products Market: https://www.imarcgroup.com/india-ayurvedic-products-market/requestsample

• India Organic Food Market: https://www.imarcgroup.com/indian-organic-food-market/requestsample

• India Health and Wellness Market: https://www.imarcgroup.com/india-health-wellness-market/requestsample

• India Spices Market: https://www.imarcgroup.com/india-spices-market/requestsample

• Indian Animal Feed Market: https://www.imarcgroup.com/indian-animal-feed-market/requestsample

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This release was published on openPR.