As of 2023, Ground Nut Cake, a byproduct of groundnut oil extraction, continues to play a vital role in the global agri-commodity sector. High in protein and rich in essential nutrients, ground nut cake is a popular choice for animal feed, especially in the poultry and livestock sectors.

The production of ground nut cake is in line with groundnut cultivation, with major producers being countries like China, India, and Nigeria, where groundnuts are staple crops. On the consumption side, it's used worldwide, particularly in regions with robust livestock and dairy industries, such as the United States, India, and parts of Europe.

Price forecasts for ground nut cake on Pricevision are informed by a range of factors including global groundnut production, weather conditions, market demand from livestock and dairy sectors, and broader agri-commodity market trends. We encourage traders and investors to understand that our predictions, while meticulously crafted, should be part of a broader investment strategy due to inherent market volatility.

Looking forward, the demand for ground nut cake is likely to remain strong, primarily driven by the burgeoning global livestock industry. However, potential constraints like fluctuating groundnut production and competition from other feed sources could impact market dynamics. At Pricevision, our goal is to provide detailed and accurate price forecasts, helping users effectively navigate the dynamic agri-commodity market. We aim to provide users with detailed and timely price forecasts for Ground Nut Cake. Currently we have forecast for Rajkot Market, we could also give forecast for major markets across India as well as the global markets for the respective commodity.