The domestic consumption of shelled almonds in India is projected to increase steadily from 2024 to 2028. With consumption starting at 191.75 thousand metric tons in 2024, it is expected to reach 243.46 thousand metric tons by 2028. Comparatively, the previous year, 2023, saw the consumption at 179.75 thousand metric tons. This results in a compound annual growth rate (CAGR) of approximately 6.11% over the five-year forecast period. Year-on-year growth rates also demonstrate a consistent upward trend, reflecting increasing consumer demand and market expansion.
Future trends to watch include rising health consciousness among Indian consumers, which could boost almond consumption further. Additionally, investments in the almond supply chain and evolving distribution networks are likely to keep driving this demand upward. Market players should monitor these changing dynamics to capitalize on emerging opportunities.
