Agriculture Industry In India Market Size, Share and Outlook - Growth Analysis Report and Forecast Trends 2026-2030

India's agriculture and allied sectors recorded a GVA of approximately INR 47.25 lakh crore, underscoring the sector's centrality to the national economy. In FY25, agricultural export earnings reached USD 51.1 billion, while the country achieved a record foodgrain output of 357.73 million metric tonnes in 2024-25. The market reached approximately $454 billion in 2025 before growing to its current 2026 estimate, and the broader market encompasses crop production, horticulture, livestock, fisheries, agrochemicals, farm machinery, and increasingly, digital agriculture solutions.

Several structural and policy-driven factors are underpinning market expansion. Government initiatives such as PM-KISAN, e-NAM, and the push for digital public infrastructure in agriculture are improving market access and credit flow to farmers. Rising domestic demand from a growing population and increasing affluence, combined with India's expanding role in global agricultural trade, continue to stimulate production and investment across the value chain.

The market spans crop production (foodgrains, pulses, oilseeds, horticulture), livestock and dairy, fisheries, agrochemicals, seeds, farm equipment, and agritech services. Key producing states include Uttar Pradesh, Punjab, Haryana, Madhya Pradesh, Rajasthan, Karnataka, and Andhra Pradesh, each contributing significantly to national output. The southern and western regions are also emerging as hubs for agritech innovation and high-value horticulture exports.

What are the recent trends and outlook?

Looking ahead, the market is expected to sustain steady growth through 2031, supported by continued policy support, rising exports, and accelerating technology adoption. Precision farming, IoT-enabled monitoring, AI-driven crop advisory, and supply chain digitization are emerging as transformative trends. Challenges such as climate vulnerability, water stress, and fragmented landholdings remain, but are increasingly being addressed through innovation and government-backed resilience programs.