Based on the available data, corn domestic consumption in India stood at an unspecified value in 2023. Forecasted figures for the years 2024 to 2028 indicate a consistent annual increase in consumption. Specifically, the year-on-year growth rates are as follows:
- From 2024 to 2025: approximately 3.27% increase
- From 2025 to 2026: approximately 3.14% increase
- From 2026 to 2027: approximately 3.01% increase
- From 2027 to 2028: approximately 2.90% increase
Over the last two years, the average annual growth rate (CAGR) is projected to be 3.08%, indicating steady growth in corn consumption.
Future trends to watch for include potential changes in dietary habits, agricultural policies, and climate conditions in India. Monitoring these factors will be crucial for accurately forecasting corn consumption beyond 2028.
