In 2023, potatoes production at farm gate in India had a value of 7.62 billion Euros. The forecasted values indicate a steady annual increase, reaching 8.71 billion Euros by 2028. This reflects an anticipated compound annual growth rate (CAGR) of around 2.69% over the five years from 2024 to 2028. Year-on-year increases are projected to be consistent, ranging from approximately 2.81% to 2.48% annually.
Future trends to monitor include:
- Technological advancements in agricultural practices, which could enhance yields and efficiency.
- Climate change impacts that might alter production patterns.
- Policy changes in agriculture and trade that may affect pricing and market access.
- Shifts in domestic and international demand influenced by consumption trends.
