Key Market Indicators
India's grains production is projected to surge to approximately 366 million metric tons by 2028, up from around 342 million metric tons in 2023. This represents a steady annual growth rate of 1%. Since 1966, India's grain supply has consistently grown at an annual rate of 1.3%. In 2023, India secured the third spot in global grain production rankings, trailing behind the United States. In the same year, the United States led with 342 million metric tons, while Brazil followed closely in fourth place. The top three grain-producing countries in 2023 were the United States, India, and Brazil, respectively.
