In 2023, the per capita consumption of butter and ghee in India stood at approximately 0.13 kilograms. Over the forecast period from 2024 to 2028, per capita consumption is projected to grow modestly, reaching 0.14 kilograms by 2026 and remaining stable through 2028. Notably, the year-on-year growth rate reflects a minimal variation as the market prepares for consistent demand dynamics. The compound annual growth rate over this period indicates a gradual upward trend, albeit at a gentle pace.

Future Trends to Watch for:

Consumer health awareness might impact the growth of butter and ghee consumption.
Innovation in value-added dairy products could trigger shifts in consumer preferences.
Potential impact of dietary trends that emphasize alternative fats.