The forecast for the per capita consumption of bananas in India from 2024 to 2028 shows a slight decline, starting from 18.04 kilograms per capita in 2024 to 18.01 kilograms per capita in 2028. This indicates a gradual annual decrease in consumption. In 2023, the banana per capita consumption was registered at approximately 18.05 kilograms. Comparing this to the forecasted data, the year-on-year variation percentage illustrates a minor decline.
- Year-on-Year Variation: Minimal decrease; forecast shows a downward trend over the next five years.
- Last 2 Years Trend: Decline from 18.03 in 2025 to 18.01 in 2028.
- Last CAGR: Represents a negative growth, reflecting a slight average annual decrease from 2023 to 2028.
Future trends to watch for:
Monitor changes in agricultural policies, climatic conditions affecting banana production, and shifts in consumer preferences towards other fruits. Additionally, economic factors such as price changes and income levels could further influence banana consumption trends in India.
