Forecast: Import of Grated or Powdered Cheese to India

The import of grated or powdered cheese to India is forecasted to increase modestly from 61.51 thousand kilograms in 2024 to 63.04 thousand kilograms in 2028. The year-on-year growth rate from 2024 onward shows a consistent, albeit slow, rise in volume with variations hovering slightly above half a percent annually. In 2023, the actual import volume was lower, setting the stage for a positive growth trend in subsequent years. The compound annual growth rate (CAGR) over the next five years suggests a stable yet gradual increase.

Future trends to watch for:

  • Potential changes in India's dietary trends that might drive higher consumption.
  • Policy shifts affecting import duties and tariffs on dairy products.
  • Market dynamics in global cheese production and supply chain disruptions.
  • Competitive local cheese production efforts potentially impacting import volumes.

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