As of 2023, India's domestic apple consumption stood at a steady level. The forecasted data from 2024 to 2028 indicate a gradual increase in consumption, projecting modest year-on-year growth. Specifically, consumption is projected to rise from 2.534 million metric tons in 2024 to 2.6224 million metric tons in 2028. The Compound Annual Growth Rate (CAGR) over this period suggests a consistent upward trend in apple consumption, reflecting an increasing demand and possibly expanding market penetration within India.
Future trends to watch for include:
- Changes in domestic production and import policies impacting availability.
- Shifts in consumer preferences towards apples due to health trends.
- The impact of seasonal and climatic factors on apple yield and supply chain.
- Economic factors influencing purchasing power and consumption patterns.
