India Edible Oil Market Analysis and Forecast, 2019-2028

Posted August 30, 2022 by kimberlyshaw

The India edible oil market is expected to grow at a CAGR of around 1.3% during the forecast period of 2022-2028.

The report entitled "Edible Oil Market" assesses India and the regional market according to the type of product, packaging type and packaging materials distribution channel, as well as the region. A thorough report offers thorough analysis of the market's historical and projected size, along with a trend analysis. The report provides analysis of market share capacity of production by the top players competitive overview, strategic imperatives annual sales figures expansion avenues production overview, and evaluation of competition for the main players in the study on edible oil market.
The Market and its Dynamics The consumption of edible oils to increase in a continuous manner throughout the Forecast Period
It is estimated that the India marketplace for edible oils is anticipated to expand at a CAGR of approximately 1.3 percent during the period 2022-2028. Health concerns are rising in the market for the prevalence of coronary heart ailments as well as obesity, diabetes and gastrointestinal diseases and so on. in conjunction with the evolving life style and the increase in disposable incomes encourage the consumption of packaged edible oil.
The India market for edible oils is anticipated to expand with a steady rate in the coming years due to the substantial government effort to concentrate on internal manufacturing of edible oil, growing demand from the population that is growing as well as the growing awareness of various advantages of organic and low-cholesterol edible oils, increasing urbanization, and an increase in disposable income. Furthermore there is a strong effort by the Indian government is making continuous efforts to improve the domestic supply of edible oils and to reduce dependence on imports to meet its needs for consumption. For instance the government has proposed an initiative called the National Mission on Edible Oil (NMEO) to satisfy the demand of the country of edible oils.
Based on the data released in the Department of Agriculture & Farmers Welfare Ministry of Agriculture & Farmers Welfare Government of India In South India, Andhra Pradesh, Telangana, and Kerala are the largest Oil palm-growing States. They comprise 98 percent of all production. Karnataka, Tamil Nadu, Odisha, Gujarat, and Mizoram are also among the states with a large land area that is under cultivation of Oil palm. Recently, Arunachal Pradesh Assam, Manipur, and Nagaland have also started Plantation of Oil palms. According to RationalStat Analysis, the West and Central India dominate the nation's edible oil market, on due to the higher consumption of healthy oil.
Segmental Analysis
• As for the nature of palm oil, it is expected to expand at a substantial rate over the next few years. In addition, of the edible oils that are imported in the world, the percentage that is made up of palm oils amounts to around 56%, which is followed by soybean oil which is 27% and sunflower with 16 percent.
• Based in the region, the west and central India will be the dominant market for edible oil due to the increased focus on products that are healthy and beneficial.
• Based on the types of packaging they are the most popular packaging option due to their ease of carrying as well as their compatibility and ease of storage.
• When it comes to distribution channels offline retail dominates this India marketplace for edible oils. However the distribution channel online is expanding at a rapid rise in recent times because of the rising internet-based retail marketplace in India.

Competition Analysis: India edible oil market is fragmented in nature
The India edible oil market observes intense competition as a result of a presence of a significant number of established players and large number of local and regional players. Prominent players are focusing on acquiring small companies to increase their geographical reach. Product innovations, launches, and partnerships are the identified industry trend in the India edible oil market.
• In January 2022, Adani Wilmar announced to acquire southern players in edible oil with corpus of INR 450 crores. The reason behind this plan is to grow its geographical presence in South India. Adani Wilmar has a market share of 18.3% in the edible oil business while the 60% of the market is still fragmented.
• In December 2021, US food major Cargill has acquired an edible oil refinery located in Andhra Pradesh. The newly acquired refinery gives Cargill the capability to supply refined palm oil, palm olein, vanaspati and sunflower oil.
Some of the leading players involved in the edible oil market include Adani Wilmar Ltd., Mother Dairy Fruits and Vegetables Pvt. Ltd., Cargill India, Patanjali Ayurved Ltd.., Emami Agrotech Ltd., BCL Industries Ltd., Gemini Edibles & Fats India Ltd., Indian Broiler Group Pvt. Ltd., Liberty Oil Mills Ltd., Vijay Solvex Ltd., ADM Agro Industries India Pvt. Ltd., and Gokul Agro Resources Ltd. among others.
RationalStat has segmented the India edible oil market on the basis of type, packaging type, packaging material, distribution channel, and region
• By Type
o Palm Oil
o Soyabean Oil
o Mustard Oil
o Sunflower Oil
o Others (Coconut Oil)
• By Packaging Type
o Pouches
o Bottles
 PET Bottles
 HDPE Bottles
 Other Plastic Bottles
o Jars
o Others (Cans)
• By Packaging Material
o Metal
o Rigid Plastic
o Flexible Packaging
o Others (Glass)
• By Distribution Channel
o Conventional Retail
o Modern Retail
 Supermarket/Hypermarket
 Specialty Store
 Online Retail/E-commerce
 Departmental Store
• By Region
o North India
o West and Central India
o South India
o East India
For more information about this report visit
About RationalStat LLC
RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the clients’ needs. Additional services offered by the company include consumer research, country reports, risk reports, procurement intelligence, data analytics, and analytical dashboards.
RationalStat LLC
Kimberly Shaw, Content and Press Manager
[email protected]
Phone: +1 302 803 5429
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By RationalStat
Phone 3028035429
Business Address 2055 Limestone Rd STE 200-C, Wilmington, DE 19808, USA
Country United States
Categories Food
Tags edible oil
Last Updated August 30, 2022