In 2023, India's gross production of primary vegetables and fruits stood at $111.35 billion US Dollars in PPP terms. From 2024 to 2028, forecasted growth shows a steady increase, with an annual average growth rate (CAGR) of approximately 2.1%. The year-on-year growth is expected to be around 2-2.3% between these projected years. This upward trajectory indicates a robust growth pattern, attributed to factors such as technological advancements, improved agricultural practices, and increased domestic demand.
Future trends to watch for include the impact of climate change on agricultural outputs, advancements in supply chain logistics, and potential shifts in consumer preferences towards organic and sustainable produce. Monitoring government policies and trade relations that could influence export markets is also crucial.
