The forecast for Palm Kernel Oil production in India shows a steady upward trend from 2024 to 2028. In 2023, the production stood at 37.0 thousand metric tons. Year-on-year increases from 2024 to 2028 are as follows: 5.41% in 2024, 5.13% in 2025, 2.44% in 2026, 4.76% in 2027, and 2.27% in 2028. The average annual compound growth rate (CAGR) over the five-year period from 2024 to 2028 is 3.60%.
Future trends to watch for include technological advancements in agricultural practices, policy changes related to the sustainable production of palm oil, and fluctuations in global demand and prices. Additionally, environmental impacts and regulations may play significant roles in shaping the production landscape.
