India's soybean production stood at 14.85 million metric tons in 2023. Forecasted figures suggest steady growth, reaching 15.29 million metric tons in 2024, 15.79 million metric tons in 2025, 16.28 million metric tons in 2026, 16.76 million metric tons in 2027, and 17.24 million metric tons in 2028.
Year-on-year percentage variations:
- 2023 to 2024: 2.96%
- 2024 to 2025: 3.27%
- 2025 to 2026: 3.11%
Compound Annual Growth Rate (CAGR) over the last 5 years (2024–2028): 3.60%
Future trends to watch for include advancements in agricultural technology, changes in government policies, climate impact on yield, and shifting global demand for soybeans. These factors will influence both production capacity and market dynamics.
