The forecast for the import of coffee extracts, essences, concentrates, and preparations to India indicates a steady growth from 2024 to 2028. Beginning with 2.8055 million kilograms in 2024, it is expected to reach 3.2739 million kilograms by 2028. Compared to 2023, this represents a significant growth trajectory. Year-on-year, the imports are anticipated to increase at a compound annual growth rate of approximately 3.87% over the five-year period.
Future trends to watch for:
- Continuing growth in domestic demand for coffee-based products driven by evolving consumer preferences and increased urbanization.
- Potential impacts of trade policies and tariffs affecting import costs and volume.
- Emerging health trends that may influence consumer choices towards coffee extracts and related products.
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