The forecast for nonfat dry milk exports from India shows a gradual rise from 27.0 thousand metric tons in 2024 to 29.0 thousand metric tons by 2028. In 2023, the export stood at approximately 26.5 thousand metric tons. The year-on-year growth remains relatively stable, averaging around 1.5% - 2.0% annually. Over the forecast period, the compound annual growth rate (CAGR) reflects a consistent upward trend, representing a slowly growing demand for India’s nonfat dry milk in the international market.
Future trends to watch for include potential shifts in global dairy supply chains, changes in import-export policies that could impact trade dynamics, and evolving consumer preferences toward sustainable and lactose-free products, which may influence India's position in global markets.
