Forecast: Soybeans Production Level in India

As of 2023, India's soybean production was at 14.80 million metric tons. The forecast for 2024 shows an increase to 15.29 million metric tons, continuing a rising trend with projections reaching 17.24 million metric tons by 2028. From 2024 to 2028, there is a continuous projected annual growth, representing a CAGR of approximately 3.02%.

Future trends to watch for:

  • Impact of climate change on crop yields and production estimates.
  • Technological advancements and innovations in agriculture that increase efficiency.
  • Changes in domestic and international market demand for soybeans.
  • Government policies affecting agricultural practices and export dynamics.

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