The import of soya sauce to India is projected to grow from 1.3059 million kilograms in 2024 to 1.5453 million kilograms in 2028. The year-on-year growth percentage reveals a consistent increase, implying a steady demand for the product. The compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 underscores this positive growth trend. Comparatively, the volume in 2023 is pivotal for contextual analysis; however, since it has not been specified, one might refer to the consistent forecasted growth as a strong indicator of increasing consumption and market demand expansion.
Future trends to watch include shifts in consumer preferences towards Asian cuisines, which can enhance soya sauce demand. Additionally, alterations in trade policies, local production capabilities, and changes in dietary patterns influenced by health trends could significantly affect import volumes.
