The import of Vitamin B2 to India is forecasted to grow from 346.42 thousand kilograms in 2024 to 382.51 thousand kilograms in 2028. In 2023, the volume stood at 337.23 thousand kilograms. Year-on-year variations indicate a consistent growth trend:
- 2024: 2.73% increase from 2023
- 2025: 2.68% increase from 2024
- 2026: 2.56% increase from 2025
- 2027: 2.45% increase from 2026
- 2028: 2.34% increase from 2027
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2023 to 2028 is estimated to be 2.55%.
Future trends to watch for include potential impacts of domestic production capabilities, regulatory changes, and fluctuations in global supply chains affecting the import volumes of Vitamin B2 to India.
