India's soybean oil production is forecasted to rise steadily from 1.77 million metric tons in 2024 to 1.87 million metric tons by 2028. In 2023, the production stood at 1.75 million metric tons. The year-on-year variation from 2024 to 2028 shows incremental annual growth: 1.13% between 2024 and 2025, 1.68% between 2025 and 2026, 1.10% between 2026 and 2027, and 1.63% between 2027 and 2028. The compound annual growth rate (CAGR) over these five years is approximately 1.41%, reflecting a stable growth pattern.

Future trends to watch for:

Advancements in agricultural technology and practices could further boost productivity.
Government policies and incentives aimed at promoting oilseed cultivation may positively impact production volumes.
Global market trends, including price fluctuations and demand shifts, will also play a significant role in shaping the future of soybean oil production in India.