ARTICLE 4 #GlobalTrade

A related Index Box report focused on the broader Asia-Pacific region forecasts the wheat bran market to reach 58 million tons in volume and $14.6 billion in value by 2035 (slightly different regional scope).

Vietnam has also set ambitious targets to boost overall annual export turnover in the wider cashew industry, with total export revenue reaching historic highs in 2025 and new milestones being reported beyond mid‑year figures.

the development underscores the need for India to focus on quality differentiation, branding, and value-added spice products. Market analysts suggest that India still holds significant advantages, including established trade relationships, diverse spice varieties, and a strong reputation for quality.

The higher growth in export volume compared to value suggests increased shipment quantities, while moderate value growth reflects price trends and global market dynamics during the year. The Spices Board highlighted that the performance demonstrates the resilience of India’s spice sector and its expanding footprint in international trade.