The import of residues of starch manufacture to India in 2024 is projected to begin at 3.8039 million USD, with steady annual increases reaching up to 4.5407 million USD by 2028. This corresponds to a year-on-year growth rate around 5%, reflecting a strong upward trajectory from 2024 onwards.
Analysis of the CAGR over this period suggests an average annual growth of approximately 4.5%. This demonstrates robust and consistent demand growth, driven potentially by industrial and agricultural applications that leverage these residues.
Future trends to observe include shifts in domestic production capabilities, changing import-export policies, and global supply chain impacts which may alter the trajectory, either elevating domestic market demand or creating competitive pressures from other international supply sources.
