Maize production at farm gate in India is forecasted to grow from 7.99 billion Euros in 2024 to 9.69 billion Euros by 2028. This marks a compound annual growth rate (CAGR) of 4.9% over the five-year period. The year-on-year growth rates are expected to be 5.4% for 2025, 5.1% for 2026, 4.7% for 2027, and 4.5% for 2028.
Key trends to watch for:
- Technological advancements in farming practices that could increase yield rates.
- Government policies and subsidies aimed at supporting maize farmers.
- Effects of climate change on crop production and potential mitigation strategies.
- Changes in global maize demand affecting export opportunities for Indian farmers.