Forecast: Import of Bakery and Pasta Making Machinery to India

The import of bakery and pasta-making machinery to India is projected to steadily increase from 2024 to 2028, reflecting a growing demand for such machinery. In 2023, the import value was at 14.12 thousand, marking a foundation for subsequent growth. Year-on-year growth is expected to begin at 4.35% from 2024 to 2025, decreasing slightly to 4.04% from 2025 to 2026, down to 3.82% thereafter till 2028, highlighting a slight deceleration over time. The compound annual growth rate (CAGR) over the projected period is approximately 3.85%.

Future trends to watch for include:

• Technological advancements enhancing machinery efficiency.
• Policy changes affecting import regulations or tariffs.
• Rising demand in domestic baked goods and pasta industries.
• Shifts in consumer preferences impacting production needs.