The fluid milk factory use consumption in India is projected to grow steadily from 2024 to 2028, with values in million metric tons of 122.48 in 2024, 124.9 in 2025, 127.3 in 2026, 129.68 in 2027, and 132.03 in 2028. In 2023, the actual value stood at approximately 120 million metric tons. The year-on-year variation percentages from 2024 onwards are 2.0% for 2025, 1.92% for 2026, 1.88% for 2027, and 1.81% for 2028. The Compound Annual Growth Rate (CAGR) over these five years is around 2%, indicating a consistent upward trend.
Future trends to watch for include potential changes in consumer demand due to shifts in dietary preferences, advancements in dairy farming technology, and the impact of governmental policies on dairy industry regulations. Additionally, trends in sustainability practices and the rise of plant-based milk alternatives could influence factory use consumption patterns.
