The forecast for India's pigeon peas gross production in the years 2024 to 2028 indicates a consistent upward trend. From an actual value of 3.3 billion US dollars PPP in 2023, the production value is projected to increase progressively each year, reflecting a positive growth outlook. Specifically, the year-on-year percentage growth is anticipated to be approximately 3.4%, 3.3%, 3.1%, and 3.0% for the subsequent years. The compound annual growth rate (CAGR) over the five-year period is approximately 3.2%, signaling a steady growth trajectory for India's pigeon peas production.
Future trends to watch for include:
- Climate impact on agricultural yields, which could influence the consistency of growth.
- Technological advancements in farming practices that may optimize production efficiency.
- Government policies and subsidies aimed at enhancing agricultural productivity and sustainability.
