The supply of cottonseed meal in India is forecasted to steadily increase from 4.42 Million Metric Tons in 2024 to 4.62 Million Metric Tons in 2028. In 2023, the actual supply stood at 4.37 Million Metric Tons. Year-on-year variations indicate a consistent growth pattern of approximately 1.13% annually. Over the last two years, the supply increased by 1.14% in 2023 and a projected rise of 1.13% in 2024. The Compound Annual Growth Rate (CAGR) over the last five years averages around 1.12% annually.
Future trends to watch for include:
- Shifts in domestic demand driven by livestock and poultry feed industries
- Fluctuations in global cotton production impacting raw material availability
- Technological advancements in cottonseed processing
- Policy changes influencing the import and export dynamics
