In 2023, soybean production in India was approximately 14.34 million metric tons. The forecast indicates steady growth with production expected to reach 15.58 million metric tons by 2028. Year-on-year growth is marked by a consistent increase: 1.78% in 2025, 1.68% in 2026, 1.66% in 2027, and 1.61% in 2028. The compound annual growth rate over these five years is roughly 1.68%.
Future trends to watch for include:
- Impact of monsoon variability and climate change on yield.
- Advancements in agricultural technology and seed improvements.
- Government policies supporting oilseed production.
- Global market demands influencing domestic cultivation strategies.
