Sunflower seed production in India is forecasted to decline significantly over the next five years. In 2024, production is projected to be 97.3 thousand metric tons, which represents a noticeable decline year-on-year from 2023. This downward trend continues with a reduction to 79.2 thousand metric tons in 2025, 61.5 in 2026, 44.1 in 2027, and finally 27.1 in 2028. The average annual decrease from 2024 to 2028, or CAGR, illustrates a severe downturn for sunflower seed production during this period.
Future trends to watch for include:
- Impact of potential climate change on agricultural yields.
- Economic factors influencing planting decisions by farmers.
- Technological advancements in agricultural practices that may improve output efficiency.
- Government policy changes related to agriculture and subsidies.