In 2023, the supply of pork fat per capita in India stood at 0.18 grams per day. The forecasted data from 2024 to 2028 shows a consistent decline, with values staying at 0.17 grams per day for 2024 and 2025, decreasing to 0.16 in 2026 and 2027, and further down to 0.15 grams per day in 2028. This represents a year-on-year decrease of approximately 5.88% between 2027 and 2028. The Compound Annual Growth Rate (CAGR) over five years from 2024 to 2028 indicates an average yearly decrease of about 2.94%.
Future trends to watch for:
- An ongoing shift in dietary preferences in India, potentially leading to further reductions in pork fat consumption.
- Impact of governmental health initiatives aiming to reduce fat intake.
- Increasing popularity of plant-based diets affecting animal fat supply and consumption levels.