In 2023, India's budgetary expenditure on agricultural product safety and inspection was estimated at 57.8 million US dollars. Starting from 2024, the forecast shows a consistent annual decline in budgetary expenditures, decreasing by approximately 10% each year. The values are set to drop from 53.41 million US dollars in 2024 to 33.12 million by 2028. This suggests a compound annual growth rate (CAGR) of around -11% over five years.

Future trends to watch for include:

Increased investment in technology-driven solutions to enhance agricultural inspections.
A shift in focus towards sustainable agricultural practices that may impact budget allocations.
Potential policy changes in response to global food safety standards and consumer demand.