The import of vitamin concentrates and intermixtures of vitamins to India has shown a steady increase from 2023 onwards. From 2024 to 2028, the import volume is forecasted to grow gradually. The projected figures demonstrate a consistent upward trend: 450.65 thousand kilograms in 2024, reaching 456.88 thousand kilograms by 2028. The year-on-year percentage variations indicate minor, stable increments that cumulatively suggest a positive growth trend.
Key observations:
• From 2024 to 2025, the import volume is expected to increase by approximately 0.36%.
• From 2025 to 2026, a similar growth of around 0.35% is anticipated.
• From 2026 to 2027, the volume is predicted to rise by about 0.34%.
• From 2027 to 2028, the forecast shows another slight increase of around 0.33%.
A notable feature is the compounded annual growth rate (CAGR) over the five-year period, which averages modest but stable annual gains.
Future trends to watch for include potential shifts in global supply chains, regulatory changes affecting import policies, and fluctuations in domestic demand driven by public health initiatives and the nutraceutical industry’s dynamics.
