India Lime Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

India Lime Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

The India production of lime is projected to record a CAGR of 3.2% during the forecast period. According to FAO, lime production accounts for 3.14 million metric tons in 2018 as compared to last year where the production of lime accounts for 2.3 million metric tons. Production of lime is increasing in India due to an increase in the area of production which accounts for 286 thousand hectares in 2018.

With increasing demand from consumers and high health benefits, the market is expected to grow over the forecast period. Limes are highly used for the production of citric acid, lime oil, lime juice, and other products that are used in the household food items, as well as chores. Therefore, the growing demand for the products will eventually increase the demand for lime and as a result, the growing interest in health benefits and cleaning applications will be a major force driving the Indian market.

Key Market TrendsGrowing Demand for Lime Ingredients Creates Production Opportunity

India is the leading producer of Lime globally. The major regions producing almost 80% of limes in India are Gujarat, Madhya Pradesh, Andhra Pradesh, Karnataka, and Odisha. The production of lime in India is continuously increasing due to the growing demand of foods that include lime as an ingredient (including juice, jams, bakery, and confectionery) in India. The growing demand for limes due to health benefits will drive the market during the forecast period.

Lime is used as an ingredient in the production of pectin, citric acid, lime oil, lime juice and many other products. This growing markets creates a steady demand for these products throughout the year. Pectin and citric acid are two products that have witnessed a continuous demand during last few decades. India consumes the maximum portion of lime in the Asia-Pacific region.

India as major exporter of Lime

India is the largest lime producing country. In 2018, India export limes of 14,732 tons to the Middle East and Europe that majorly include the United Arab Emirates, United Kingdom, Afghanistan, Nepal, Qatar, Kuwait. Imports of fresh limes to the European market grew by 33% in volume between 2013 and 2017. Further growth is expected as a result of the increasing popularity of limes in food preparation and drinks. Exporters from India take advantage of these developments and offer alternative sources to the dominant supply.

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1 INTRODUCTION
1.1 Study Assumptions & Market definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.5 PESTLE Analysis
5 MARKET SEGMENTATION
5.1 India
5.1.1 Production Analysis
5.1.2 Consumption Analysis and Market Value
5.1.3 Import Market Analysis (Volume and Value)
5.1.4 Export Market Analysis (Volume and Value)
5.1.5 Price Trend Analysis
6 MARKET OPPORTUNITIES AND FUTURE TRENDS

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