Forecast: Short Margarine Production in India

In 2023, the production of short margarine in India stood below the forecasted 612.71 thousand metric tons for 2024. The forecast reveals a consistent decline in production over the next five years, with values dropping steadily each year. From 2024 to 2028, the Compound Annual Growth Rate (CAGR) indicates a contraction in production, highlighting a constricted market.

Future trends to watch for:

  • Shifting consumer preferences towards healthier alternatives may further suppress demand.
  • Increased raw material costs could pressurize production capacities.
  • Potential regulatory changes aimed at healthier consumption patterns may impact production.

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