The India AI in agriculture market size reached USD 70.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 350.0 Million by 2033, exhibiting a growth rate (CAGR) of 19.5% during 2025-2033. The market is driven by the need for sustainable farming, rising food demand, and government initiatives promoting digital agriculture. Technological advancements, such as AI-powered precision farming and supply chain optimization, along with increasing agritech startup activity, are key factors accelerating adoption and the India AI in agriculture market share.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 70.0 Million |
Market Forecast in 2033 | USD 350.0 Million |
Market Growth Rate (2025-2033) | 19.5% |
Adoption of AI-Driven Precision Farming Techniques
The significant shift toward precision farming, driven by the need for sustainable and efficient agricultural practices is majorly driving the India AI in agriculture market growth. A research report from the IMARC Group indicates that the smart agriculture market in India was valued at USD 714.1 Million in 2024. It is projected to grow to USD 3,837.6 Million by 2033, reflecting a compound annual growth rate (CAGR) of 20.54% from 2025 to 2033. Artificial intelligence (AI) powered technologies, such as drones, Internet of Things (IoT) sensors, and satellite imagery, are being adopted to monitor crop and soil health as well as weather systems in real utilized. Such innovations will enable farmers to make data-driven decisions and optimize the use of water, fertilizers, and pesticides. AI algorithms analyze large volumes of data to offer actionable insights, enabling waste reduction and increased crop yields. This movement is aided further by initiatives launched by the Indian government, such as the Digital India campaign and subsidies for advanced farmland equipment. In addition, AI solutions (tailor-made for small and marginal farmers) that offer personalized recommendations at cost-effective prices are making their way to the firms via agritech companies and startups. As a result, precision farming is an essential instrument of transformation in India's agriculture that solves expositions to climate change and food security.
Rise of AI-Powered Agri Marketplaces and Supply Chain Solutions
The proliferation of AI-powered agri marketplaces and supply chain platforms is creating a positive India AI in agriculture market outlook. These platforms leverage AI to connect farmers directly with buyers, eliminating intermediaries and ensuring fair pricing. AI algorithms analyze market demand, predict price fluctuations, and provide farmers with insights on the best time to sell their produce. On 17th September 2024, the Indian Government announced plans to invest INR 6,000 crore (approximately USD 731.71 Million) in smart precision farming for the financial years 2024–25 to 2028–29. The initiative will leverage artificial intelligence, drones, the Internet of Things, and data analytics to improve crop yield of over 15,000 acres, covering approximately 60,000 farmers. Also, a Smart Precision Horticulture Programme under the MIDH scheme to encourage technology-driven practices for site-specific needs through the setting up of 22 Planting and Farming Development Centres (PFDCs). This will enrich the Indian agricultural ecosystem through the employment of AI, especially in fiber crops and smart farming infrastructure aided by the Agriculture Infrastructure Fund. Additionally, AI is being used to optimize logistics and reduce post-harvest losses, which present significant challenges for the agricultural sector in India. For example, Artificial intelligence-enabled cold chain management systems ensure that perishables are kept and transported under the right conditions. This change is already being led by several businesses that are integrating AI into their operations to the advantage of producers and consumers alike. Indeed, this initiative is increasing the income earned by farmers and making the management of the agricultural supply chain more efficient, transparent, and resilient.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on offering, technology, and application.
Offering Insights:
The report has provided a detailed breakup and analysis of the market based on the offering. This includes software, hardware, AI-as-a-service, and services.
Technology Insights:
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes machine learning, computer vision, and predictive analytics.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes precision farming, agriculture robots, livestock monitoring, drone analytics, labor management, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Offerings Covered | Software, Hardware, AI-as-a-Service, Services |
Technologies Covered | Machine Learning, Computer Vision, Predictive Analytics |
Applications Covered | Precision Farming, Agriculture Robots, Livestock Monitoring, Drone Analytics, Labor Management, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report: