India's banana production is forecasted to reach 35.96 million metric tons in 2024, marking a base forecast for future projections. In 2025, production is expected to increase to 36.85 million metric tons, a year-on-year increase of 2.48%. By 2026, it is projected to grow to 37.72 million metric tons, a 2.36% rise from the previous year. In 2027, the production level is estimated at 38.58 million metric tons, rising by 2.28%. The forecast for 2028 is 39.44 million metric tons, showing a year-on-year increase of 2.23%. Looking at the average annual growth rate over the 5-year period from 2024 to 2028, the CAGR stands at 2.33%.
Future trends to watch for include potential impacts of climate change on banana yield, advancements in agricultural technology, and shifts in domestic and international market demand. Monitoring these factors will be crucial for accurately forecasting production levels beyond 2028.
