In 2023, the demand for peas in India was slightly under 2.58 million metric tons. The forecast for 2024 to 2028 shows a gradual increase from 2.58 to 2.64 million metric tons, signifying a stable yet minor annual growth. The year-on-year growth rate varies marginally, averaging roughly a 0.50% increase annually over this period.
Future trends to watch for include:
- Potential impacts of climate change on pea cultivation and yield in India.
- Shifts in consumer preferences towards plant-based proteins, possibly boosting demand.
- Government agricultural policies and incentives that could affect production.
- Technological advancements in farming that may enhance production efficiency.