In 2023, the supply of butter and ghee in India was estimated at 78 kilocalories per capita per day. Projected increases for 2024 to 2028 indicate a steady annual growth, resulting in a supply of 80.5 kilocalories per capita per day by 2028. Notably, there is a consistent year-on-year increase of approximately 0.63% to 0.69%, leading to a compound annual growth rate (CAGR) over five years of about 0.64%.
Future trends to watch for include dietary shifts towards healthier fat alternatives and varying dairy consumption habits influenced by economic and cultural factors. Monitoring these could impact demand and supply dynamics.
