The cottonseed processing industry in India observed modest growth from 2014 to 2023, reflecting a varied year-on-year percentage change. Starting from a value of 6.76 million metric tons in 2014, it faced a significant dip in 2015 (-17.28%), but recovered strongly in 2016 (21.78%). From 2017 onwards, the industry maintained a relatively stable growth trajectory, with slight variations. As of 2023, the processing value stood at 6.92 million metric tons, with a CAGR of 0.32% over the last five years.
Future trends indicate a continued steady growth with forecasts predicting a CAGR of 0.17% from 2024 to 2028, reaching an estimated 6.99 million metric tons by 2028. Key factors to monitor include advancements in processing technology, policy changes, and fluctuating global demand.
