The forecasted non-centrifugal sugar demand in India is expected to decline gradually from 5.88 million metric tons in 2024 to 5.73 million metric tons by 2028. Year-on-year variation percentages are as follows:
- 2024-2025: -0.68%
- 2025-2026: -0.68%
- 2026-2027: -0.69%
- 2027-2028: -0.52%
The compound annual growth rate (CAGR) for non-centrifugal sugar demand over the forecast period is -0.64%.
Despite the projected decline, watch for potential shifts due to changes in consumer preferences towards healthier and traditional sweeteners, governmental policies on sugar production, and potential technological advancements in non-centrifugal sugar manufacturing processes. Sustainable practices and organic product trends may also influence future demand.
