According to the latest report by IMARC Group, titled “Indian Farming Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” provides an extensive analysis of the industry, including Indian farming market outlook, size, trends, and growth opportunities. The report also covers competitor and regional analysis and the latest advancements in the market. The Indian farming market size reached INR 25,173 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 45,577 Billion by 2028, exhibiting a growth rate (CAGR) of 10.3% during 2023-2028.
Indian Farming Market Overview:
Farming is the foundational pillar of human civilization, dating back thousands of years. It involves the cultivation of crops and raising animals for food, fiber, and various resources. Farmers are custodians of the land, harnessing nature's resources to feed and sustain societies. Modern farming combines age-old practices with advanced technology, optimizing yields and sustainability. It's not just about food; farming contributes to economies, rural communities, and global food security. Challenges such as climate change and resource constraints are reshaping farming methods, emphasizing the importance of sustainable and responsible agriculture for the well-being of our planet and future generations.
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Indian Farming Market Growth:
The market in India is primarily driven by the increasing population. In line with this, the rising demand for agricultural products is significantly contributing to the market growth. Furthermore, the rapid technological advancements and modernization are transforming Indian agriculture. The adoption of innovative farming techniques, machinery, and biotechnology has increased productivity, reduced losses, and improved the overall efficiency of the sector. Moreover, government policies and subsidies play a pivotal role. Initiatives like the Green Revolution and fertilizers, seeds, and irrigation subsidies have encouraged agricultural growth. Additionally, recent policy reforms aim to liberalize agricultural markets, potentially boosting competition and investment. Besides, the changing dietary habits and urbanization have increased demand for high-value crops, dairy, and poultry products. This shift in consumer preferences has influenced farmers to diversify their produce. India's geographical and climatic diversity allows for year-round cultivation of various crops, further contributing to market growth.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/farming-horticulture-industry-india
Key Market Segmentation:
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 also examines the competitive landscape within the market and offers comprehensive profiles of major key players.
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- 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.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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