The demand for pulses in India is forecasted to grow gradually from 2024 to 2028, starting at 26.57 million metric tons in 2024 and reaching 27.47 million metric tons by 2028. In 2023, the actual demand for pulses stood at 26.34 million metric tons. The year-on-year growth rate between 2024 and 2025 is approximately 0.87%, and it maintains a steady rise. Over the last two years, the growth trend has shown a moderate increase. The compounded annual growth rate (CAGR) over this five-year period is expected to be around 0.84%.
Future trends to watch for:
- Rise in health consciousness driving increased pulse consumption.
- Policy shifts influencing agricultural practices and pulse yield.
- Impact of climate change on productivity affecting supply and pricing.
- Technological advancements in agriculture enhancing efficiency and output.
