The sunflower seed processing industry in India is forecasted to experience a significant decline from 2024 to 2028, with a marked decrease in volume from 89.0 thousand metric tons in 2024 to 25.0 thousand metric tons in 2028. The data shows annual declines of 18% from 2024 to 2025, 22% from 2025 to 2026, 28% from 2026 to 2027, and an alarming 39% drop from 2027 to 2028. This translates to a compounded annual growth rate (CAGR) of approximately -27.5% over the forecast period.
Future trends to watch include:
- Market dynamics such as changes in consumer preferences or agricultural policies.
- Technological advancements that could improve processing efficiency.
- Environmental factors impacting sunflower cultivation and production.
- Global economic conditions that may affect export demand or pricing.
