The domestic consumption of raisins in India is projected to grow steadily from 23.18 thousand metric tons in 2024 to 25.82 thousand metric tons by 2028. Comparing this to the consumption in 2023, which stood at 22.53 thousand metric tons, indicates a consistent upward trend. Year-on-year growth percentages show incremental increases, culminating in a compound annual growth rate (CAGR) of approximately 2.73% over the five-year forecast period.
Future trends to watch for in the raisins market include:
- Potential changes in consumer preferences towards healthier snacks, which could further boost raisin consumption.
- Impact of domestic agricultural policies and climate conditions on raisin supply and pricing.
- Influence of global market conditions, which could affect import and export dynamics affecting domestic availability and consumption.
- Technological advancements in agriculture and food processing that may enhance raisin quality and production efficiency.