The wheat market size volume per capita in India for the year 2023 stood at 62.5 kilograms. From the forecasted data, the volume is expected to incrementally rise from 62.64 kilograms in 2024 to 63.23 kilograms by 2028. This shows a consistent year-on-year increase of approximately 0.23% to 0.24% per annum. Over the last two years, the market has witnessed a steady growth pattern, and the 5-year compound annual growth rate (CAGR) is projected to be around 0.25%.
Future trends to watch for include potential changes in dietary preferences, government policies affecting wheat production and distribution, and economic factors impacting purchasing power and consumer behavior. Additionally, climate change and technological advancements in agriculture could influence future projections for wheat market size volume per capita.
