Indian Journal of Economics and Development
  • Year: 2020
  • Volume: 16
  • Issue: 2s

An appraisal of agribusiness industries in india and their market growth scenario

1Division of Dairy Economics Statistics and Management, ICAR-National Dairy Research Institute, Karnal-132001, (Haryana)

2Department of Agricultural Economics, Dr. Rajendra Prasad Central Agricultural University, Pusa-848125 (Bihar)

*Corresponding author's email: aviplusavi@gmail.com

Online published on 27 August, 2020.

Abstract

The present study aims at analysis of agribusiness industries’ market growth rate and the past and future demand of these industries’ products. The analysis was focused on dairy, jute, cotton, tea, coffee industries. The study showed that all the industries considered for the study exhibited positive growth rate and market demand increased. For dairy industry, highest market growth rate (7.7 percent) was found in sub-period 2000–01 and 2005–06. The highest market growth rate was 3.5, 7.1, 8.1 and 7.4 percent for jute, cotton, tea, and coffee industries, respectively.

Keywords

Coffee industry, Cotton industry, Dairy industry, Future demand, Jute industry, Market growth rate, Past demand, Tea industry