Forecast: Spices Fat Supply Quantity Per Capita in India

In 2023, the spices fat supply quantity per capita in India was 0.86 grams per day. The forecast for 2024 to 2028 indicates gradual growth, starting at 0.87 grams in 2024 and increasing to 0.9 grams by 2028. The year-on-year variation from 2024 to 2025 is about 1.15%, from 2025 to 2026 is 0%, 2026 to 2027 is approximately 1.14%, and from 2027 to 2028 is around 1.12%. The compound annual growth rate (CAGR) over these five years is approximately 0.92%.

Future trends to watch for:

  • Increasing demand for diverse spices may drive up the per capita availability.
  • Potential impact of climatic and trade fluctuations on spice production and supply.
  • Changing dietary patterns and health consciousness affecting spice consumption.

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