The forecast for soybean oil fat supply per capita in India shows a consistent upward trend from 2024 to 2028, with an annual increase in consumption from 6.53 to 6.73 grams per capita per day. Compared to 2023, this signals a continuation of growth. Year-on-year, there is a uniform increase of approximately 0.76%, reflecting a stable rise in soybean oil consumption. Over the five-year period, the compound annual growth rate (CAGR) is around 0.76%, indicating a steady but modest growth trajectory.
Future trends to watch for include potential changes in consumer preferences, health-related shifts in diets, and policy changes affecting oil imports and domestic production, which could impact availability and consumption patterns.
