Forecast: Import of Bran, Sharps and Other Residues of Leguminous Plants to India

The forecast for the import of bran, sharps, and other residues of leguminous plants to India shows a steady growth from 2024 to 2028, with values increasing from 11.264 million kilograms in 2024 to 12.599 million kilograms in 2028. These values indicate a compound annual growth rate (CAGR) of approximately 2.8% over the five-year period. The consistent annual growth reflects increased demand or changes in supply chain dynamics. It's important to note that the data for 2023 places the import value slightly below 2024’s forecasted starting point, indicating expected growth.

Future trends to watch for include:

  • Potential shifts in global leguminous plant production affecting import dynamics.
  • India's domestic policy changes or import tariffs that could alter import volumes.
  • Technological advancements in processing and utilization of residue products.

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