Forecast: Sweeteners Production in India

India's sweeteners production showed fluctuations from 2014 to 2023, with a notable peak in 2018 at 39.34 Million Metric Tons. In 2023, production stood at 37.64 Million Metric Tons, reflecting a modest 0.58% year-on-year increase. The past five years saw an average annual decrease of 0.88%. The forecasted period from 2024 to 2028 projects a slight growth with a 5-year CAGR of 0.47%, reaching 38.77 Million Metric Tons by 2028.

Trends to watch for in the future:

  • Advancements in agricultural technologies and practices
  • Government policies affecting agricultural subsidies and export regulations
  • Shifts in domestic and international demand
  • Impact of climate change on crop yields
  • Developments in alternative sweeteners which may influence traditional sugar production

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