In 2023, potato consumption at the farm gate in India stood at an estimated 55.28 million metric tons. From 2024 onwards, forecasts indicate a steady annual growth in consumption, reaching 60.39 million metric tons by 2028. The year-on-year growth rate averages around 1.8%, reflecting a consistent upward trend, while the compound annual growth rate (CAGR) over five years is approximately 1.75%.
Future trends to watch for include:
- Impact of changing dietary preferences and population growth on consumption patterns.
- Potential effects of policy changes and agricultural innovation on production and supply.
- Influence of climate change and sustainability practices on potato farming.