The domestic consumption of wheat in India was 109.45 million metric tons in 2023. Moving forward into the forecast period, the consumption is expected to increase year-on-year by approximately 1.91% in 2024, 1.91% in 2025, 1.86% in 2026, 1.79% in 2027, and 1.76% in 2028. Over the last five years, the compound annual growth rate (CAGR) for wheat consumption is estimated at 1.85%, highlighting a steady upward trend.
Future trends to watch for include:
• Impact of changing dietary patterns and population growth on wheat demand.
• Government policies on agricultural production and food security.
• Technological advancements in wheat farming and their influence on yield.
• Climate change and its potential effects on wheat crop productivity.