Indian Farming Market to Reach INR 62,176.8 Billion by 2032, Impelled by Increasing Demand for Food

April 20, 2023 | Agriculture

According to the latest report by IMARC Group, titled "Indian Farming Market Report by Crop Seasonality (Rabi, Kharif, Zaid), Crop Type (Cereals, Vegetables, Fruits, Plantation Crops, Spices, Pulses, and Others), Application (Fresh Consumption, Food Processing, Healthcare, Feed Industry, Textiles, and Others), Distribution Channel (Self Consumption, Traditional Retail, Business to Business, Modern Retail, Online), and Region 2024-2032," the Indian farming market reached a value of INR 27,790.9 Billion in 2023. Farming is the cultivation of crops and raising animals for fuel, food, and other products. It can be done on a large commercial scale or a small scale, such as a home mini garden or a small farm. There are different types of farming, including commercial farming, which is done to sell products for profit, and subsistence farming, which is done to meet the basic requirements of the farmers and their families. It is an essential source of food and other products for individuals worldwide, and it plays a vital role in many world economies. It helps improve yields by maximizing production factors, such as equipment, labor, and soil, and avoiding using non-natural inputs, such as fertilizers, herbicides, and pesticides. It also aids to boosts productivity levels, improves the nutritional value of soil, and ensures financial sustainability.

Indian Farming Market Trends:

The market in India is primarily driven by the rapidly growing population. In line with this, the rising pressure on the food supply system is significantly contributing to the market growth. Furthermore, the growing utilization of modern technologies in agricultural farming is positively influencing the market. Apart from this, the proliferation of the Internet of Things (IoT) and advanced analytics are creating a positive outlook for the market. The IoT provides real-time data about environmental temperature and water content in the soil via sensors placed on the farm, which assists farmers in making informed decisions about harvesting times, crop market rate, and soil management, while addressing multiple challenges involved in the proper monitoring of crops. Moreover, the rapid adoption of technological innovations, such as vertical farming with smart designs to maximize yields and reduce waste, is offering numerous opportunities. Besides, heavy investments by the market players in advanced technologies, such as driverless tractors, guidance systems, and GPS sensing systems, are favoring the market. Additionally, the increasing initiatives undertaken by the Indian government to promote sustainable agriculture practices are expected to drive the market further. Some of the other factors contributing to the market include rapid urbanization, the rising demand for food, and the implementation of favorable government policies. On account of the factors above, the market is anticipated to reach a value of INR 62,176.8 Billion by 2032, exhibiting a CAGR of 9.1% during 2024-2032. 

Market Summary:

  • On the basis of crop seasonality, the market has been categorized into Rabi, Kharif, and Zaid.
  • Based on the crop type, the market has been classified into cereals, vegetables, fruits, plantation crops, spices, pulses, and others. Among these, plantation crops hold the leading market segment.
  • Based on the application, the market has been segmented into fresh consumption, food processing, healthcare, feed industry, textiles, and others.
  • Based on the distribution channel, the market has been categorized into self-consumption, traditional retail, business-to-business, modern retail, and others.
  • On the basis of the region, the market has been divided into North India, South India, East India, and West India.
  • The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. 

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Metric Tons, INR Billion
Segment Coverage Crop Seasonality, Crop Type, Application, Distribution Channel, Region
Region Covered North India, South India, East India, West India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Indian Farming Market to Reach INR 62,176.8 Billion by 2032, Impelled by Increasing Demand for Food
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More