In 2023, the supply of raw sugar equivalent calories per capita per day in India was below the forecast value for 2024. The projected figures show a steady year-on-year increase in the supply from 2024 to 2028. Specifically, there's an increase of 0.68% from 2024 to 2025, 0.66% from 2025 to 2026, 0.64% from 2026 to 2027, and 0.63% from 2027 to 2028. The compound annual growth rate (CAGR) over this 5-year period is approximately 0.65%.
Future trends to watch for include:
- Potential shifts in dietary preferences and their impact on sugar demand.
- Policy changes affecting sugar production and supply chain efficiencies.
- Increasing health consciousness and demand for sugar alternatives.
