Tag: Indian Farming Market Growth

Indian Farming Market Overview, Industry Growth Rate, Research Report 2024-2032

Indian Farming Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 9.1% (2024-2032)

The Indian farming market is vast, driven by agriculture, employing millions, and evolving with technology and sustainability. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 9.1% from 2024 to 2032.

Indian Farming Market Trends and Drivers:

The rising need for food manufacturing to support the escalating population is one of the factors responsible for the growth of the Indian farming market. Additionally, the market is propelling owing to the recent advancements in farming techniques and technologies that are transforming traditional practices. The focus by government authorities on improving agricultural productivity through schemes like Pradhan Mantri Krishi Sinchai Yojana (PMKSY) and the use of modern irrigation systems are enhancing crop yields.

Moreover, the growing adoption of precision farming, which utilizes data analytics, GPS technology, and IoT devices, is helping farmers make informed decisions, reduce resource wastage, and boost efficiency. The increasing demand for organic farming and sustainable practices is also gaining traction as consumers highly seek healthier and eco-friendly produce. 

Key trends shaping the Indian farming market include the expanding role of agritech startups, which are providing innovative solutions such as digital platforms for market access, farm management apps, and financial services tailored to farmers. Mechanization is another significant driver, with increased use of tractors, harvesters, and other machinery to streamline farming processes. Furthermore, the integration of drone technology and satellite imagery is helping monitor crop health and optimize resource use.

The shift toward contract farming and the establishment of farmer-producer organizations (FPOs) are improving market linkages, enabling small farmers to access better pricing and reduce risks. The Indian farming market is expected to see significant growth in the coming years with continued government support, advancements in technology, and a growing focus on sustainable agriculture.

Request for a sample copy of this report: https://www.imarcgroup.com/farming-horticulture-industry-india/requestsample

Indian Farming Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Crop Seasonality:

  • Rabi
  • Kharif
  • Zaid

Breakup by Crop Type:

  • Cereals
  • Vegetables
  • Fruits
  • Plantation Crops 
  • Spices
  • Pulses
  • Others

Breakup by Application:

  • Fresh Consumption
  • Food Processing
  • Healthcare
  • Feed Industry
  • Textiles
  • Others

Breakup by Distribution Channel:

  • Self Consumption
  • Traditional Retail
  • Business to Business
  • Modern Retail
  • Online

Breakup by Region:

  • North India
  • South India
  • East India
  • West India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=528&flag=C

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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