In 2023, the value of pastry exports from India to Saudi Arabia stood at 10.20 million USD. Based on forecasted data, the value is expected to increase from 10.97 million USD in 2024 to 14.03 million USD by 2028. This indicates a year-on-year growth of approximately 7.1% between 2024 and 2025, 6.5% between 2025 and 2026, 6.1% between 2026 and 2027, and 5.7% between 2027 and 2028. The compound annual growth rate (CAGR) over the period from 2024 to 2028 is around 6.8%.
Future trends to watch for include changes in consumer preferences, potential trade policies, and economic conditions in both India and Saudi Arabia which may impact the pastry market dynamics. Additionally, emerging competition and technological advancements in pastry production and export logistics might influence the forecasted growth rates.