The market is dominated by domestic suppliers, as imports account for 1.3% of total market size in 2023. Households drive market demand, with household spending representing 66.4% of total demand in 2023. India has the second largest market size for agriculture regionally, with demand reaching USD1.0 trillion in 2023. Bombay Burmah Trading Corp Ltd is the largest company in India, generating 0.1% of the industry’s total production value in 2023. The industry is fragmented, with the top two companies generating 0.2% of total production value in 2023. The total number of companies increases in 2023, to 60,873,580 units. The costs of the industry increase by 7.7% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 44.1% of production value in 2023, the seventh highest regionally. The industry’s exports share decreases in 2023 to 1.4% of total production output. With production value of USD813 billion, India accounts for 22.5% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Agriculture in India: ISIC 1. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agriculture in India: ISIC 1 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Agriculture is an aggregation of farming of cattle, swine and pigs, sheep and other quadrupeds, poultry and other animals; growing of cereals and crops, fruits and vegetables; providing agricultural services and hunting.
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