The forecast for India's centrifugal sugar production indicates a steady growth trajectory from 2024 to 2028. Starting at 35.45 million metric tons in 2024, production is expected to reach 38.36 million metric tons by 2028. This reflects a year-on-year growth rate of approximately 2%, indicative of a stable upward trend. In 2023, centrifugal sugar production levels were slightly lower, marking this projected growth as optimistic yet realistic.
Future trends to watch for include:
- Technological advancements in sugar extraction and processing to boost efficiency.
- Fluctuations in global sugar prices impacting domestic production economics.
- Environmental policies influencing sustainable sugar production practices.