The forecasted volume per capita for India's Mate and Tea market remains stable from 2024 to 2027 at 0.81 kilograms, with a slight increase to 0.82 kilograms in 2028, showing minimal growth. By 2023, consumption stood at 0.80 kilograms per capita, indicating a gradual increase into 2028. The year-on-year percentage change reflects stability with an insignificant average annual growth over the next five years. The projected Compound Annual Growth Rate (CAGR) suggests consistency with a minor positive trajectory.
Future trends to watch for include shifts in consumer preferences towards premium and health-conscious tea variants, and potential market expansions due to increased urbanization and income levels in India.
