The import of brewing or distilling dregs and waste to India is forecasted to increase steadily from 9.677 million kilograms in 2024 to 11.469 million kilograms by 2028. This represents a compound annual growth rate (CAGR) over the five-year period, reflecting a consistent upward trend from existing demand observed in previous years. In 2023, the import stood at lower than 2024's projection, indicating a positive trajectory for the upcoming years.
The year-on-year growth from 2024 to 2025 is around 4.8%, from 2025 to 2026 is about 4.5%, from 2026 to 2027 is approximately 4.2%, and from 2027 to 2028 is roughly 3.9%. These percentages indicate a slight deceleration in growth rate towards 2028.
- Watch for shifts in global production practices that may affect supply.
- Monitor any regulatory changes impacting import policies in India.
- Keep an eye on trends in local brewing and distilling activities influencing demand for these imports.
