India's agricultural area under organic agriculture has shown significant growth from 2013 to 2023, growing from 500 thousand hectares to 3,070 thousand hectares. The year-on-year variation for 2023 stood at 6.22%, and over the past five years, the CAGR was 9.65%. The projected average annual growth rate over the next five years is 3.49%, with an overall forecasted growth of 18.68% by 2028.
Future trends to watch for:
- Increasing consumer demand for organic products domestically and internationally.
- Government policies and subsidies encouraging organic farming practices.
- Technological advancements and increased availability of organic farming resources.
- Potential environmental impacts and climate change mitigation through organic farming.