In 2023, India's import of dried fruits stood at approximately 42 million US dollars, marking the most recent actual data point before the forecasted trend begins. The forecast for imported dried fruits indicates a steady increase from 2024 to 2028, with year-on-year growth rates ranging from approximately 4% to 6%. Over this five-year period, the compound annual growth rate (CAGR) is expected to be between 4% and 5%, reflecting consistent growth driven by rising demand.
Future trends to watch for include:
- Impact of changing consumer preferences for healthy snacks driving demand.
- Potential trade policy shifts affecting import volumes and costs.
- Inflationary pressures which could influence final pricing and consumer demand.