The pulses market in India, projected at 21.91 million metric tons for 2024, shows a steady forecasted growth through to 2028, reaching 22.63 million metric tons. To contextualize, the 2023 actual volume stood at 21.75 million metric tons. The year-on-year growth rate suggests modest increments — around 0.82% between 2024 and 2025, and similar rates annually thereafter. Over the five-year period, the compound annual growth rate (CAGR) is projected to be approximately 0.84%.
Future trends to watch include:
- Increased investment in agricultural technology to boost productivity.
- Government policies supporting sustainable farming and pulse production.
- Growing consumer demand for plant-based proteins contributing to market expansion.