Sunflower domestic consumption in India is projected to sharply decline from 132.0 thousand metric tons in 2024 to 32.0 thousand metric tons by 2028. This represents a year-on-year decrease of approximately 19.7% from 2025 to 2026, and an accelerated decrease of 30.9% from 2026 to 2027. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be around -28.3%, indicating a consistent downward trend.
Future trends to watch for:
- Potential policy changes or economic conditions that could impact agricultural production and sunflower consumption.
- Shifts in consumer preferences or alternative uses for sunflower products that might stabilize or reverse the decline.
- Innovations in sunflower cultivation that could improve yield and supply, influencing consumption trends.
