Forecast: Coconut Oil Fat Supply Quantity Per Capita in India

In 2023, India's coconut oil fat supply was stable. Forecasts predict a gradual decline from 0.45 grams per capita per day in 2024 to 0.37 by 2028. Year-on-year variations show a consistent decrease of about 4.44%, with a compound annual growth rate (CAGR) indicating a 5-year average decline rate.

Future trends to watch include:

  • Shifts in consumer health consciousness potentially leading to decreased coconut oil usage.
  • Export market changes that could impact domestic supply and consumption.
  • Substitution by alternative oils due to price or availability.

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