The forecasted animal fats supply per capita in India shows a steady increase from 9.03 grams per day in 2024 to 9.27 grams per day in 2028. The year-on-year growth remains consistently around 0.66%, reflecting a stable upward trend. This forecast suggests a continuous gradual rise in consumption, potentially influenced by growing dietary shifts and economic factors. The compound annual growth rate (CAGR) for 2024-2028 is approximately 0.66%.
Future trends to watch for include:
-Growing awareness of dietary choices influencing animal fat consumption, either increasing or reducing it.
-Potential policy changes impacting the availability or cost of animal fats.
-Economic growth influencing purchasing power and dietary preferences.