In 2023, the import of baked bread, pastry, and wafers to India stood at 45.000 million US dollars. For the forecasted period from 2024 to 2028, the values are as follows: 46.501, 48.267, 49.998, 51.694, and 53.357 million US dollars respectively. From 2024 to 2025, there is a projected year-on-year variation of 3.8%, and from 2025 to 2026, a 3.6% increase. The overall five-year period (2024-2028) shows a Compound Annual Growth Rate (CAGR) of about 3.5%.
Future trends to watch for include:
- Changes in trade policies affecting import tariffs.
- Consumption patterns influenced by economic factors in India.
- Supply chain disruptions and their impact on pricing.