The imports of grated or powdered cheese to India are projected to grow steadily from 2024 to 2028, starting at $645.24 thousand USD in 2024 and reaching $713.1 thousand USD by 2028. This represents a consistent annual increase in the range of 2-3% year-on-year. The compound annual growth rate (CAGR) over this five-year period is approximately 2.5%.
Key future trends to monitor include:
- Possible shifts in consumer dietary preferences towards cheese products.
- Trade policies that may affect import tariffs or regulations on dairy products.
- Technological advancements in storage and distribution enhancing the quality of imported cheese.