The honey production in India stood at 69.0 thousand metric tons in 2023. Over the past decade, honey production has shown a steady increase with some fluctuations. Specifically, 2014 and 2015 experienced no growth, whereas the years 2016 through 2019 saw modest year-on-year increases, peaking at 1.54% in 2017. A notable decline occurred in 2020 (-5%), followed by a robust recovery in 2021 with a 6.83% increase. From 2021 to 2023, growth has remained relatively steady around 1.47% year-on-year. The compound annual growth rate (CAGR) for the past five years stands at 0.59%.
For future trends, the forecast from 2024 onwards indicates a slight increase in production, with a projected CAGR of 0.47% culminating in a 2.4% growth rate by 2028. Key factors to watch include climate change impacts, advancements in beekeeping practices, and shifts in domestic and international demand for honey.
