Forecast: Import of Milling Products, Malt, Starches, Inulin and Wheat Gluten to India

In 2023, the import of milling products, malt, starches, inulin, and wheat gluten to India stood at USD 97.5 million. Forecasted data indicates a steady increase from 2024 to 2028. The import value is expected to grow annually by about 3.5% from 2024 (USD 99.706 million) to 2028 (USD 113.38 million). The Compound Annual Growth Rate (CAGR) for this five-year period is predicted to hold around 3.8%, reflecting a stable upward trend in imports.

Future trends to watch for:

  • Implementation of favorable trade policies could further boost imports.
  • Potential shifts in demand due to changes in consumer preferences and domestic production capacities.
  • The impact of global market conditions and commodity prices on import strategies.

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