In 2023, the supply of rapeseed oil and mustard oil fat per capita in India was recorded at approximately 5.33 grams per day. The subsequent forecast from 2024 to 2028 shows a gradual increase, reaching 5.37 grams per day in 2028. The year-on-year growth is minimal, with each year displaying an increase or stabilization. Specifically, the compound annual growth rate (CAGR) from 2024 to 2028 is very modest, highlighting a stable consumption pattern.
Future trends to watch for include potential changes in dietary preferences, which could impact consumption patterns, and the influence of economic factors or climate change on production levels. It is essential to remain attentive to policy changes affecting agricultural production and oilseed crop prices.
