India Edible Oil Market

India Edible Oil Market Overview:

The India edible oil market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Edible oil is a fatty liquid obtained from terrestrial and aquatic animals, seeds and leaves of many plants and pulp and nuts of various fruits. It consists of triacylglycerides, composed of different fatty acids and natural antioxidants, which prevent the oxidation of triacylglycerol unsaturated fatty acids. It is liquid at room temperature and used in several products to make food palatable. Edible oil provides a concentrated source of energy and essential fatty acids through daily dietary intake. It lowers the absorption of cholesterol and reduces the risk of heart disease. In addition, it helps nourish the skin, boost the nervous system, and build muscle mass. At present, it is supplied in pouches, jars, cans, and bottles across India.

The rising prevalence of chronic diseases, such as cardiovascular ailments, diabetes, obesity, and gastrointestinal disorders, represents one of the key factors positively influencing the market in India. In addition, the escalating demand for low-fat oil variants, such as olive oil, sesame oil, and sunflower oil, on account of their high nutritional value, is offering lucrative opportunities to leading players for expanding their consumer base in the country. Moreover, the growing awareness about the health benefits of organic edible oil and a rise in the number of individuals experiencing health-related problems is catalyzing the demand for edible oil. This, along with the continuous upgradation in refining technologies for oil production, is strengthening the market growth. Additionally, the increasing adoption of edible oil as a flavoring agent in the pharmaceutical and food and beverage (F&B) industry, in confluence with the easy availability of environment-friendly packaging, is propelling the market growth. Apart from this, edible oil is also used in the manufacturing of soap, which is creating a favorable market outlook. Furthermore, increasing investments in research and development (R&D) activities to enhance the quality of edible oil are driving the market in India.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the India edible oil market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the India edible oil market in North India, East India, West and Central India, South India. For each of these regions, the report studies the India edible oil market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the India edible oil market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the India edible oil market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the India edible oil market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the India edible oil market industry. Furthermore, the value chain analysis of the India edible oil market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

India Edible Oil Market Segment Insights:

The India edible oil market has been analysed as followed:

By Type:

• Palm Oil
• Soybean Oil
• Mustard Oil
• Sunflower Oil
• Others

By Packaging Type:

• Pouches
• Jars
• Cans
• Bottles

By Packaging Material:

• Metal
• Plastic
• Paper
• Others

 By Pack Size:

• Less than 1 Litres
• 1 Litres
• 1 Litres - 5 litres
• 5 Litres - 10 Litres
• 10 Litres and Above

By Domestic Manufacturing/Imports:

• Domestic Manufacturing
• Imports

By Application:

• HoReCa
• Home Users
• Food Processing Industry

By Distribution Channel:

• Direct/Institutional Sales
• Supermarkets and Hypermarkets
• Convenience Stores
• Online
• Others

By Region:

• North India
• West and Central India
• East India
• South India

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players. Some of the leading players operating in the market are:

Highlights of the India Edible Oil Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The India edible oil market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs