The per capita consumption of apples in India for 2024 is forecasted at 1.82 kilograms, marking stability from the previous year's value. The figures remain relatively constant through 2028, with a minor decrease to 1.81 kilograms from 2026 onwards. Given the 2023 consumption was 1.82 kilograms, the market appears stable with negligible year-on-year variations, and the historical figures suggest a minimal CAGR close to zero for the five-year period through to 2028.
Future trends to watch for include:
- Potential changes in consumer preferences or dietary trends affecting apple consumption.
- Impact of domestic production and import policies on availability and pricing.
- Broader economic factors, such as income growth or inflation, influencing purchasing power and consumption.
