Archive · 23 Jul 2025
India to Become Key Player in Global Cereal Market
India is expected to be a big deal in the world's cereal market, like wheat and rice.
They'll grow a lot of wheat, but might need to buy some from other countries.
The demand for grains is increasing globally, with a lot being used for food and animal feed.
Although the prices have been fluctuating recently, experts predict they will stabilize in the future.
But things like bad weather and world events could still change things, which might affect how much food is available and its price.
India is projected to become a major player in the global cereal market.
India is expected to contribute significantly to the global wheat output increase by 2034.
Rising domestic demand may cause India to become a net importer of wheat.
Global cereal trade is expected to expand by 14% by 2034.
Extreme weather events and geopolitical tensions could disrupt trade.
- Who
- India, major producers, and importers of wheat, rice, and maize.
- What
- India is poised to play a key role in the global cereal market.
- When
- Over the next decade, until 2034.
- Where
- Global cereal market, with India as a key player.
- Why
- Driven by rising yields, area expansion and domestic demand.
Factors Influencing Cereal Prices
Influencing Factors
Price Volatility
Factors Influencing Cereal Prices
Supply constraints from areas such as Brazil and the US export demand have influenced Maize prices.
Influencing Factors
Rice prices declined sharply after India rolled back export curbs, also anticipated bumper harvests.
- Projected Wheat Output Contribution by India (2034)
- 30%
- Global Cereal Demand (2034)
- 3.2 billion tonnes
- Wheat Export Increase (2034)
- 226 million tonnes
- Maize Export Increase (2034)
- 210 million tonnes
- Projected Rice Price (2034)
- $490/tonne