The cottonseed feed market in India experienced significant fluctuations from 2014 to 2023, peaking in 2014 at 4.5 million metric tons and declining steadily to 1.58 million metric tons in 2023. The year-on-year variations demonstrated marked volatility, with a notable 45.84% drop in 2018 and consistent annual declines since 2019. The CAGR from 2019 to 2023 was -4.68%, illustrating a consistent downward trend in recent years.
Looking forward, the forecast for 2024 to 2028 projects a continued decline, with a five-year CAGR of -13.56%. By 2028, the volume is expected to further drop to 0.669 million metric tons.
Future trends to watch for include potential shifts in agricultural practices, changes in the livestock sector, and policy impacts on feed production and quality. Additionally, environmental concerns and resource management may further influence market dynamics.
