Forecast: Import of Mixed Odoriferous Substances Used in the Food or Drink Industries to India

The import of mixed odoriferous substances used in the food or drink industries to India is projected to grow steadily from 2024 to 2028, with volumes increasing from 2.497 million kilograms to 2.805 million kilograms. Comparing the year-on-year changes, the growth rate remains relatively consistent, suggesting a stable demand in the market. This persistent growth pattern points towards a compound annual growth rate (CAGR) of approximately 2.9% over the forecast period, highlighting continual expansion in this import category.

Future trends to watch for include:

  • Rising consumption in the food and beverage sector potentially increasing the demand for odoriferous substances.
  • Changes in consumer preferences towards natural flavors, possibly affecting import dynamics.
  • Trade policies and international relations influencing import costs and volumes.

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