The sugar cane seed production in India is forecasted to show a gradual decline over the next five years, from 2024 to 2028. Starting from 14.63 million metric tons in 2024, it is expected to decrease to 14.17 million metric tons by 2028. This represents a consistent year-on-year decrease of approximately 0.8% to 0.9%. The five-year compound annual growth rate (CAGR) indicates a negative trend in production, highlighting diminishing growth prospects for the sector in this period.
Future trends to watch for include potential impacts of climate change on crop yields, advances in agricultural technology that could improve productivity, and policy changes that may affect agricultural subsidies and sugar cane seed production incentives in India. Additionally, fluctuations in global sugar demand and pricing could further influence production trends.
