Agriculture Industry in India 2026-2034: Size, Share, Key Trends & Growth Projections

 
INDIA, India - Jan. 20, 2026 - PRLog -- Key Takeaways:
  • The agriculture industry in India was valued at INR 1,09,737.7 Billion in 2025 and is projected to reach INR 2,51,993.1 Billion by 2034, growing at a robust CAGR of 9.68% during 2026–2034.
  • Growth is strongly supported by government-led initiatives promoting precision agriculture, large-scale irrigation expansion under Pradhan Mantri Krishi Sinchayee Yojana, and rising public investment in rural infrastructure.
  • Record foodgrain production, despite increasing climate variability, highlights the sector's resilience and reinforces India's agriculture industry share across crops, livestock, and allied activities.
  • Rapid adoption of digital farming technologies, including mobile advisory apps, soil and weather analytics, and digital marketplaces, is transforming traditional farming into a technology-driven value chain.
  • Agriculture remains the backbone of the Indian economy, contributing 17.8% to GDP in FY 2023–24 and employing nearly 46% of the workforce, underlining its socioeconomic importance.

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Segmentation Highlights:
  • By Subsectors: Farming dominated the market with an 18% share in 2025, driven by assured procurement under the Minimum Support Price (MSP) mechanism and strong domestic demand for cereals, pulses, and oilseeds.

Industry & Technology Insights:
  • Expansion of cold storage, logistics, and aggregation models is reducing post-harvest losses and improving market access for small and marginal farmers.
  • Platforms such as e-NAM are enabling transparent price discovery, reducing regional price disparities, and integrating farmers into national digital markets.
  • Increasing focus on climate-resilient seeds, sustainable inputs, AI-enabled supply chains, and data-driven credit and insurance is enhancing productivity, risk management, and farm incomes.

Competitive Landscape:
  • 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
  • IFFCO

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