In 2023, the import of unsweetened cocoa powder to India stood at approximately 30.700 million kilograms. Forecasted data from 2024 to 2028 shows a consistent year-on-year growth rate, with imports increasing from 32.062 million kilograms in 2024 to 37.543 million kilograms in 2028. Annually, this represents a compound annual growth rate (CAGR) of approximately 4.05% over the forecast period.
Future trends to watch for include changes in consumer preferences towards healthier eating, which may increase demand for unsweetened cocoa products. Additionally, fluctuations in the global cocoa market and domestic industrial requirements could impact future import volumes.
