In 2024, India's butter supply is projected to be 6.9 million metric tons. By 2028, it is expected to rise steadily to 7.64 million metric tons. The year-on-year growth rates show an increase of roughly 2.75% from 2024 to 2025 and a similar pattern is observed annually, indicating a consistent upward trend. Over the five-year period, the compound annual growth rate (CAGR) is approximately 2.6%, demonstrating a stable growth trajectory for the butter supply from its 2023 level.
Future trends to watch for include:
- Potential impacts of climate change on dairy farming and butter production.
- Government policies affecting the dairy sector.
- Shifts in consumer preferences towards dairy and butter alternatives.
- Technological advancements in dairy processing and supply chain management.
