India Agriculture Market Size and Growth Analysis 2026-2034 | Get Sample Report
According to IMARC Group’s latest report titled "India agriculture market Size, Share, Trends and Forecast by Subsectors, 2026-2034", this study offers a granular analysis of the backbone of the Indian economy. The study offers a profound analysis of the industry, encompassing Agriculture Industry growth in India, size, Agriculture Industry in India growth factors, key trends, and subsector insights. The report covers critical market dynamics, including the rapid adoption of Precision Agriculture, the impact of government-led digital infrastructure initiatives, and the shift towards high-value horticulture and organic farming.
Market At-A-Glance: Key Statistics (2026-2034):
- Current Market Size (2025): INR 1,09,737.7 Billion
- Projected Market Size (2034): INR 2,51,993.1 Billion
- Growth Rate (CAGR): 9.68%
- Dominant Subsector: Farming (18% share)
- Key Players: DuPont India, Rallis India Limited (Tata Chemicals Limited), Nuziveedu Seeds Limited, Godrej Agrovet Limited, Nestle India Limited, Advanta Seeds, Parle Products Pvt. Ltd., Britannia Industries Limited, and IFFCO
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Agriculture Industry In India Overview
The Agriculture Industry in India size reached INR 1,09,737.7 Billion in 2025. Looking forward, IMARC Group expects the market to reach INR 2,51,993.1 Billion by 2034, exhibiting a robust growth rate (CAGR) of 9.68% during 2026-2034.
The sector is undergoing a massive transformation driven by the integration of digital technologies and precision farming. Farmers and agribusinesses are increasingly adopting IoT-enabled farm management systems, AI-driven analytics, and drones for real-time crop monitoring and resource optimization. Government initiatives like the Digital Agriculture Mission are creating a unified farmer database, facilitating better access to credit and markets. Furthermore, the industry is witnessing a structural shift towards climate-resilient and sustainable practices, with a significant expansion in organic and natural farming acreage. The Food Processing sector is also emerging as a key growth driver, enhancing value addition and export potential.
Top Emerging Trends in the Agriculture Industry in India:
- Increasing Adoption of Climate-Resilient and Smart Farming Practices: Farmers are increasingly adopting climate-resilient seeds, precision farming tools, and data-driven practices to manage weather variability and improve crop productivity.
- Shift Toward High-Value Crops and Diversified Farming: Cultivation is expanding toward fruits, vegetables, spices, and oilseeds as farmers seek higher margins and reduced dependence on traditional cereal crops.
- Rising Use of Sustainable Inputs and Organic Alternatives: Adoption of biofertilizers, biopesticides, and organic inputs is increasing to improve soil health and reduce long-term chemical usage.
- Expansion of Digital Agriculture Platforms and Marketplaces: Agri-tech platforms are enabling better access to advisory services, input procurement, price discovery, and direct market linkages for farmers.
- Growth of Contract Farming and Aggregation Models: Organized buyers are partnering with farmers through contracts and aggregators to ensure quality supply, traceability, and stable pricing mechanisms.
Agriculture Industry Growth Factors (Drivers)
- Food demand climbs as population grows and people eat more. More folks mean more meals needed. Eating habits shift, pushing up what farms must grow. Need for stable food supplies stays strong because of these changes.
- Backed by aid programs, public help boosts farming. Support like irrigation, price guarantees, farming pay safety, along with insurance, shapes how fields grow.
- With better irrigation systems, more storage space, and upgraded country roads coming into play, farmers now lose less crop after harvest - this boost in infrastructure quietly sharpens overall output.
- Farming food gets bigger - processing plants push up demand for fresh farm goods like seeds, grains, and plants of many kinds.
- Indian farm goods face growing world appetite. Rice, spices, fruits, along with oilseeds, pull in bigger exports. This push fuels expansion in agri-output trade.
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Market Segmentation
Analysis by Subsectors:
- Farming (Dominant segment; driven by MSP and domestic demand)
- Agriculture Equipment
- Fertilizers & Pesticides
- Food Processing (Fastest growing value-add segment)
- Dairy Market
- Fisheries & Poultry
- Cold Chains & Warehousing
- Floriculture, Apiculture, Sericulture
- Seeds & Animal Feed
- Bio-Agriculture Market
Regional Insights:
- North India: Major grain basket (Wheat/Rice).
- South India: Dominant in spices and plantation crops.
- West & Central India: Key for pulses, oilseeds, and cotton.
- East India: Significant potential in rice and fisheries.
Agriculture Industry Recent Developments & News
- October 2025: Prime Minister Shri Narendra Modi inaugurated the Mission for Aatmanirbharta in Pulses with a budget of ₹11,440 crore to achieve self-sufficiency in pulse production.
- September 2024: The government announced a INR 6,000 crore investment in precision farming technologies under the Mission for Integrated Horticulture Development.
- Solar Integration: Proposals to expand PM-KUSUM with field-mounted solar panels, aiming to transform farmers into renewable energy suppliers.
Why Buy This Report? (High-Value Insights)
- Granular Segmentation: Detailed analysis of Farming vs. Food Processing growth dynamics, helping investors identify high-yield subsectors.
- Policy Impact: In-depth breakdown of how schemes like Digital Agriculture Mission are reshaping the competitive landscape.
- Future-Ready Trends: Insights into the commercial viability of Bio-Agriculture, highlighting the shift towards non-chemical farming inputs.
Key Highlights of the Report
- Market Forecast (2026-2034): Quantitative data on market value and steady growth.
- Competitive Landscape: Comprehensive analysis of leading agribusinesses and their digital strategies.
- Strategic Analysis: Porter’s Five Forces analysis and value chain assessment.
- Technological Trends: Insights into AI and IoT applications in agriculture.
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