The import of glucose syrup with less than 20% fructose to India exhibits a steady upward trend from 2024 to 2028, increasing annually by small increments. Data shows a consistent rise from 2.5973 million kilograms in 2024 to 2.6342 million kilograms by 2028. Compared to the actual import volume in 2023, this demonstrates a moderate but sustained growth trajectory, highlighting ongoing demand. The observed year-on-year percentage increase remains below 1% annually, indicating stable market conditions. The compound annual growth rate (CAGR) over the next five years, calculated from 2024, suggests a subtle average yearly increase.
Future trends to watch for include potential impacts of trade policies, shifts in domestic demand due to health trends, and the possibility of increased competition from alternative sweeteners, which could influence growth rates. Monitoring these factors will be crucial for accurately forecasting future import volumes.
