In this investigation, we perform an observational statistical analysis in the theory of f(R,Lm) gravity. The proposed theoretical model is based on the Ricci scalar’s non-linear contribution. We use a distinct parametrization for the deceleration parameter and constrain the model parameters by using various observational data. To determine the best-fit model for the cosmological parameters, we use different observational datasets such as the Hubble Space Telescope, the Pantheon Supernova Survey, the Gold dataset, the Gamma-Ray Burst (GRB), and the Baryon Acoustic Oscillations (BAO). Furthermore, we study the late-time cosmic evolution of the Universe in detail and examine the implications of the constraint values on cosmological parameters. Additionally, we conduct a thorough comparison with the standard cosmological model ΛCDM and other standard models obtained by Odintsov et al. (2024); Odintsov et al. (2023) to examine the validity of our proposed model in the low-redshift regimes. Finally, we find that the proposed model encapsulates an intriguing transition from early deceleration at high redshift to acceleration at low redshift, a quintessence dark energy scenario, and convergence towards the well-established ΛCDM model in late-time Universe’s evolution.
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