Based on the forecast, cow milk butteroil and ghee production in India is expected to grow steadily from 2024 to 2028, starting at 215.78 thousand metric tons and reaching 238.4 thousand metric tons. This reveals an average annual growth rate (CAGR) of approximately 2.5% over these five years.
Key year-on-year variations to note:
- 2024 to 2025: 2.7% increase
- 2025 to 2026: 2.6% increase
- 2026 to 2027: 2.5% increase
- 2027 to 2028: 2.3% increase
Future trends to watch include shifts in consumer preferences towards ghee due to its perceived health benefits, potential impacts of India's dairy policies, and changes in global demand for dairy fats. Monitoring technological advancements in dairy processing might also influence production efficiency and output levels.
