The per capita consumption of nuts in India stood at 1.63 kg in 2023. The forecasted data indicates a steady increase to 1.64 kg in 2024, maintaining this value through 2025, and gradually rising to 1.65 kg from 2026 to 2028. This represents a year-on-year growth rate of 0.61% from 2023 to 2024, and from 2025 onwards, the growth rate stabilizes to 0.61% through 2028. Over the last five years, the Compound Annual Growth Rate (CAGR) is approximately 0.49%, demonstrating a slow but consistent increase in per capita nut consumption.
Future trends to watch for include potential shifts in consumer preferences toward healthier snack options, which may drive higher nut consumption. Additionally, market dynamics linked to domestic production and import policies, as well as pricing fluctuations due to climate conditions affecting nut harvests, could influence future per capita consumption rates.
