In 2023, India's lard production was approximately 15.46 thousand metric tons. From 2024 to 2028, it is forecasted to decrease gradually from 15.06 to 13.59 thousand metric tons. Year-on-year, this represents a consistent decline of around 2.5% from 2025 onwards. Looking at the five-year compound annual growth rate (CAGR), the production is expected to shrink by approximately 2.55% annually.

Future trends to watch for include:

Potential shifts in consumer demand toward healthier dietary fats, impacting lard production.
Changes in agricultural policies or trade agreements that may affect domestic lard supply.
Economic factors influencing the cost of animal husbandry and lard production.