As of 2023, the distribution of rapeseed oil in India was approximated at 4.26 million metric tons. Projections for 2024 to 2028 show a steady increase in distribution, reaching 4.93 million metric tons by 2028. Year-on-year growth is moderate, with increases ranging from 3% to 3.2% annually. The compound annual growth rate (CAGR) for the forecasted period is estimated around 3.7%.
Future trends to monitor include:
- Potential impacts of climate change on rapeseed production.
- Policy changes and technological advancements in agriculture.
- Shifts in consumer preferences and dietary trends.
- Trade and tariff developments affecting imports and exports.
