In 2023, the gross production value of limes and lemons in India stood at approximately 2.165 billion US dollars PPP. From 2024 to 2028, the forecasted growth indicates a steady increase, with year-on-year improvements around 2% each year. Over this five-year period, the compound annual growth rate (CAGR) stands at around 1.83%, suggesting a modest but consistent upward trend.
Future trends to watch include:
- Potential impact of climate change on agricultural productivity.
- Government policies supporting agriculture and export incentives.
- Technological advancements in farming practices improving yield efficiency.
- Economic factors influencing global demand and price stability.