High-value agricultural products (HVAP) have been gaining importance in India recently owing to their contribution towards improving farmers’ income and consumers’ health awareness. The study empirically examined the changing trends in the production and consumption of HVAP and the nutritional fallout in rural and urban India during 2000-2019 using regression analysis and calculation of growth rates. The results showed a growth rate of 4.3 percent in the production of HVAP and 9 percent for that per capita expenditure on food. However, the growth of per capita availability was 2.3, and 80 percent of the population had a nutritional intake lower than the recommended diet levels. The study pointed at the price effect, inadequate availability and nutritional gaps in the Indian diet.