In 2023, the import of Palm Nut or Kernel Oil Cake and Other Solid Residues to India was valued at approximately 4.06 million US dollars. From 2024 to 2028, the forecast indicates a consistent upward trend in imports, with an annual average growth rate of about 4% over these years. Year-on-year, the values are expected to increase steadily, enhancing the CAGR over this five-year period to align with a positive growth trajectory.

Future trends suggest that the demand for plant-based protein sources in the animal feed industry, along with increased agricultural activities, could further fuel import growth. Monitoring global prices and environmental regulations will be crucial for stakeholders.