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Report
Indian Agriculture Market Report and Forecast 2024-2032
Market Report I 2023-11-19 I 137 Pages I EMR Inc.
Indian Agriculture Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Indian agriculture market reached a value of USD 435.9 billion in 2022. Aided by the rising food demand of the global population and incorporation of improved agricultural practices by farmers, the market is projected to further grow at a CAGR of 4.9% between 2024 and 2032.
Indian agriculture, deep-rooted in the country's cultural and economic fabric, spans a vast array of products from staple grains like rice and wheat to cash crops such as cotton and jute. Furthermore, India's topographical and climatic diversity affords the cultivation of a wide spectrum of horticultural produce, including fruits, vegetables, and spices. This sheer variety ensures that the nation remains a vital cog in the global agricultural trade machinery.
The primary catalyst for the Indian agriculture market growth is the ever-increasing domestic demand for food, spurred by the nation's vast population. Additionally, as incomes rise and consumer preferences evolve, there's a palpable shift towards a diversified diet, leading to increased consumption of high-value crops, dairy products, and meat.
An emergent trend bolstering the Indian agriculture market demand is the rising inclination towards organic and sustainable farming methods. Aided by supportive government policies and heightened consumer awareness about health and environment, organic farming has been gaining traction, leading to a burgeoning market for organic produce both domestically and globally.
Moreover, the Indian agriculture market size is expanding as a result of the growth of allied sectors, like fisheries, poultry, and dairy. For instance, India has fortified its position as the world's largest milk producer, driven by a robust dairy sector that's increasingly integrating technology for enhanced production and supply chain efficiency.
The Indian agriculture market trends are shaped by the expansion of agro-based industries. The country's vast agricultural output has paved the way for a thriving food processing industry, creating value-added products for both local consumption and export. This relationship between agriculture and agro industries underscores the importance of a robust agricultural framework.
With strategic government initiatives, increasing foreign investments, and the proliferation of technology in agriculture - from farm equipment mechanisation to digital platforms for supply chain optimisation - the future of the industry seems promising. As India endeavours to ensure food security for its citizens and bolster its agro exports, the agricultural sector stands as a testament to the nation's resilience and potential, poised for growth in the years ahead.
Market Segmentation
The market can be divided based on sector and region.
Market Breakup by Sector
- Farming
- Agriculture Equipment
- Fertilizers
- Pesticides
- Warehousing
- Cold Chains
- Dairy
- Floriculture
- Apiculture
- Sericulture
- Seeds
- Fisheries
- Poultry
- Animal Husbandry
- Animal Feed
- Bio-Agriculture
Market Breakup by Region
- North India
- East and Central India
- West India
- South India
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Indian agriculture market. Some of the major players explored in the report by Expert Market Research are as follows:
- Nuziveedu Seeds Limited
- UPL Ltd (Advanta Seeds)
- LEMKEN India
- Beri Udyog Pvt Ltd.
- Deccan Farm Equipments Pvt. Ltd
- India Agrovision Implements Pvt. Ltd
- RSR Retail Pvt. Ltd
- Chambal Fertilisers and Chemicals Limited
- Coromandel International Limited
- Dhanuka Agritech Ltd
- BASF SE
- DuPont de Nemours, Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Agriculture Market Overview
8.1 Key Industry Highlights
8.2 Global Agriculture Historical Market (2018-2023)
8.3 Global Agriculture Market Forecast (2024-2032)
8.4 Global Agriculture Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 India Agriculture Market Overview
9.1 Key Industry Highlights
9.2 India Agriculture Historical Market (2018-2023)
9.3 India Agriculture Market Forecast (2024-2032)
10 India Agriculture Market by Sector
10.1 Farming
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Agricultural Equipment
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 Fertilisers
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Pesticides
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Warehousing
10.5.1 Market Share
10.5.2 Historical Trend (2018-2023)
10.5.3 Forecast Trend (2024-2032)
10.6 Cold Chains
10.6.1 Market Share
10.6.2 Historical Trend (2018-2023)
10.6.3 Forecast Trend (2024-2032)
10.7 Dairy
10.7.1 Market Share
10.7.2 Historical Trend (2018-2023)
10.7.3 Forecast Trend (2024-2032)
10.8 Floriculture
10.8.1 Market Share
10.8.2 Historical Trend (2018-2023)
10.8.3 Forecast Trend (2024-2032)
10.9 Apiculture
10.9.1 Market Share
10.9.2 Historical Trend (2018-2023)
10.9.3 Forecast Trend (2024-2032)
10.10 Sericulture
10.10.1 Market Share
10.10.2 Historical Trend (2018-2023)
10.10.3 Forecast Trend (2024-2032)
10.11 Seeds
10.11.1 Market Share
10.11.2 Historical Trend (2018-2023)
10.11.3 Forecast Trend (2024-2032)
10.12 Fisheries
10.12.1 Market Share
10.12.2 Historical Trend (2018-2023)
10.12.3 Forecast Trend (2024-2032)
10.13 Poultry
10.13.1 Market Share
10.13.2 Historical Trend (2018-2023)
10.13.3 Forecast Trend (2024-2032)
10.14 Animal Husbandry
10.14.1 Market Share
10.14.2 Historical Trend (2018-2023)
10.14.3 Forecast Trend (2024-2032)
10.15 Animal Feed
10.15.1 Market Share
10.15.2 Historical Trend (2018-2023)
10.15.3 Forecast Trend (2024-2032)
10.16 Bio-Agriculture
10.16.1 Market Share
10.16.2 Historical Trend (2018-2023)
10.16.3 Forecast Trend (2024-2032)
11 India Agriculture Market by Region
11.1 North India
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 East and Central India
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 West India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 South India
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyer's Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Nuziveedu Seeds Limited
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 UPL Ltd (Advanta Seeds)
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 LEMKEN India
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Beri Udyog Pvt Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Deccan Farm Equipments Pvt. Ltd
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 India Agrovision Implements Pvt. Ltd
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 RSR Retail Pvt. Ltd
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Chambal Fertilisers and Chemicals Limited
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Coromandel International Limited
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Dhanuka Agritech Ltd
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 BASF SE
13.2.11.1 Company Overview
13.2.11.2 Product Portfolio
13.2.11.3 Demographic Reach and Achievements
13.2.11.4 Certifications
13.2.12 DuPont de Nemours, Inc.
13.2.12.1 Company Overview
13.2.12.2 Product Portfolio
13.2.12.3 Demographic Reach and Achievements
13.2.12.4 Certifications
13.2.13 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Agriculture Market: Key Industry Highlights, 2018 and 2032
2. India Agriculture Market: Key Industry Highlights, 2018 and 2032
3. India Agriculture Historical Market: Breakup by Sector (USD Billion), 2018-2023
4. India Agriculture Market Forecast: Breakup by Sector (USD Billion), 2024-2032
5. India Agriculture Historical Market: Breakup by Region (USD Billion), 2018-2023
6. India Agriculture Market Forecast: Breakup by Region (USD Billion), 2024-2032
7. India Agriculture Market Structure
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