In 2023, the supply of groundnut oil in India was on a steady incline, leading into a forecasted supply of 30.56 kilocalories per capita per day in 2024. According to the forecasted data, this figure is expected to grow gradually to 32.93 kilocalories per capita per day by 2028. This showcases a continuous upward trend with a modest year-on-year growth rate averaging around 1.5% annually.
Future trends to watch include potential impacts from changes in agricultural policies, technological advancements in oil extraction, and consumer preferences shifting towards health-conscious dietary choices. Monitoring these factors will be critical in understanding their influence on groundnut oil supply dynamics.
