Report Description

Forecast Period

2025-2029

Market Size (2023)

USD4.2 Billion

CAGR (2024-2029)

1.5%

Fastest Growing Segment

Mustard Oil

Largest Market

North


Market Overview

India Edible Oil Market has valued at USD4.2 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 1.5% through 2029. The India edible oil market is a dynamic and vital component of the country's food and agricultural sector. Edible oils serve as a fundamental ingredient in Indian cuisine, and their consumption is deeply ingrained in the cultural and dietary habits of the population.

The India edible oil market is one of the largest in the world, both in terms of production and consumption. The country produces a variety of edible oils, including soybean, mustard, sunflower, groundnut, palm, and coconut oil. These oils are used for cooking, frying, and as essential ingredients in various dishes. With a population of over 1.3 billion people, the demand for edible oils in India remains consistently high, and the market continues to grow steadily.

Edible oils hold cultural and culinary significance in Indian households. They are essential components of traditional recipes, regional cuisines, and everyday cooking practices. Different regions of India have distinct preferences for specific types of edible oils, with factors like taste, aroma, and smoking points influencing their choice. For instance, mustard oil is preferred in North India, while coconut oil is more common in South India.

India's large and growing population ensures a steady demand for edible oils. As the population continues to increase, so does the consumption of cooking oils. Additionally, urbanization and shifting dietary preferences have led to an increased consumption of processed and packaged foods, which often contain edible oils as key ingredients. Furthermore, the rising awareness of health and wellness has led to a growing preference for healthier edible oil options, such as olive oil and rice bran oil. Consumers are increasingly considering factors like low cholesterol and heart-healthy attributes.

Edible oil prices can be volatile due to factors like fluctuations in global oilseed production and changes in import duties. This can impact consumers and businesses alike. Additionally, ensuring a stable supply chain for edible oils, from production to distribution, can be complex and subject to disruptions caused by factors like weather conditions and transportation issues. Furthermore, the market is highly competitive, with numerous domestic and international brands vying for market share. Building brand loyalty and differentiation is a constant challenge for manufacturers.

In conclusion, the India edible oil market is a significant and ever-evolving sector driven by cultural traditions, population growth, changing dietary patterns, and increasing health consciousness. While it faces challenges related to price volatility and supply chain complexities, the market continues to offer opportunities for growth and innovation, particularly in the realm of healthier and sustainable edible oil options.

Key Market Drivers

Population Growth and Urbanization

One of the primary drivers of the India edible oil market is the country's rapidly growing population, which stands at over 1.3 billion people. As the population continues to increase, so does the demand for essential food items, including edible oils. Edible oils are a fundamental component of the Indian diet, used for cooking, frying, and as a base for various dishes.

Furthermore, urbanization plays a critical role in driving the demand for edible oils. As more people migrate to cities and adopt urban lifestyles, their dietary preferences and cooking habits evolve. Urban consumers tend to favor convenience foods, which often require greater quantities of edible oils. Additionally, as disposable incomes rise in urban areas, consumers are more likely to purchase premium edible oil varieties, such as olive oil or imported oils, which can contribute to increased market value.

Shift in Dietary Preferences and Health Awareness

Another significant driver of the India edible oil market is the shift in dietary preferences and heightened health awareness among consumers. Traditionally, Indian households predominantly used oils like mustard oil and groundnut oil for cooking. However, changing lifestyles and increased exposure to global culinary influences have led to a diversification of cooking oils.

In recent years, there has been a growing interest in healthier cooking oil options. Health-conscious consumers are increasingly opting for oils with lower saturated fat content, such as sunflower oil, safflower oil, and olive oil. These oils are perceived as healthier alternatives and are often marketed as such. The rising prevalence of lifestyle-related diseases like obesity, heart disease, and diabetes has further fueled the demand for edible oils that are considered more heart-healthy.

Additionally, the edible oil market has witnessed the emergence of fortified and specialty oils that cater to specific health needs. These may include oils enriched with vitamins, Omega-3 fatty acids, or oils targeted at specific age groups, such as infant formula oils. Such products align with the growing awareness of nutritional requirements and the desire for healthier dietary choices.

Government Initiatives and Policy Support

Government policies and initiatives have a significant impact on the India edible oil market. The Indian government has implemented various measures to ensure the availability and affordability of edible oils to its citizens. One of the key initiatives is the "National Mission on Oilseeds and Oil Palm (NMOOP)," which aims to increase domestic oilseed production and reduce edible oil imports.

Furthermore, the government has introduced policies to promote oilseed cultivation by providing subsidies, research and development support, and incentives for farmers. These efforts contribute to the overall growth of the domestic edible oil industry by reducing the country's reliance on imported oils.

The government has also imposed import duties and tariffs on edible oil imports to protect domestic oilseed growers and boost the domestic edible oil industry. Such trade policies influence the pricing and competitiveness of domestic and imported edible oils.

Additionally, food safety regulations and quality standards set by the Food Safety and Standards Authority of India (FSSAI) play a vital role in shaping the edible oil market. These regulations ensure that edible oils meet safety and quality standards, enhancing consumer confidence in domestically produced oils.

 

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Key Market Challenges

Price Volatility and Supply Chain Disruptions

One of the most significant challenges in the India edible oil market is the volatility of edible oil prices. The prices of edible oils are influenced by various factors, including international commodity prices, weather conditions affecting crop yields, currency exchange rates, and geopolitical developments. This volatility can have a direct impact on consumers' budgets and food costs, as edible oils are a staple in Indian households.

Price fluctuations can be particularly problematic for low-income families, as they may struggle to afford essential cooking oils during periods of high prices. Additionally, sudden price spikes can lead to food inflation, impacting the overall cost of living for the population. To address this challenge, the government has implemented various measures, such as import tariffs and export bans, to stabilize prices and ensure a steady supply of edible oils.

Supply chain disruptions also contribute to price volatility. Transportation bottlenecks, storage constraints, and distribution challenges can lead to delays in the delivery of edible oils, exacerbating price fluctuations and affecting the availability of essential cooking ingredients. Efficient logistics and supply chain management are crucial for ensuring a stable and affordable supply of edible oils across the country.

Dependency on Imports and Domestic Production Challenges

India is heavily dependent on imports to meet its edible oil requirements. Despite efforts to boost domestic production, the country's production of edible oils falls significantly short of demand. This dependency on imports exposes the market to international price fluctuations, currency exchange rate risks, and global supply disruptions.

Limited arable land for oilseed cultivation hampers efforts to increase domestic production. Erratic weather patterns, such as droughts and unseasonal rains, can adversely affect oilseed crops, leading to yield fluctuations. The adoption of modern agricultural practices and technologies, such as high-yielding varieties and efficient farming techniques, is relatively low in some regions. Inadequate post-harvest infrastructure, including storage facilities and processing units, can result in significant crop losses and inefficiencies.

To address these challenges, there is a need for increased investment in research and development, improved agricultural practices, and infrastructure development to enhance domestic oilseed production.

Quality and Adulteration Concerns

Ensuring the quality and authenticity of edible oils is a persistent challenge in the India edible oil market. Adulteration and misbranding of edible oils are prevalent issues that can have severe health implications for consumers. Adulterants like palm oil, cottonseed oil, or low-quality oils are often mixed with premium oils to reduce production costs, compromising the nutritional value and safety of the products.

Consumers are often unaware of the adulteration or mislabeling of edible oils, making it essential for regulatory authorities to enforce stringent quality control measures. The Food Safety and Standards Authority of India (FSSAI) has introduced regulations and quality standards to address these concerns, but effective implementation and monitoring remain challenges.

Additionally, the authenticity of indigenous and traditional oils, such as mustard oil, is crucial. Ensuring that consumers receive genuine, unadulterated products requires continuous vigilance and regulatory efforts.

Key Market Trends

Shift Towards Healthier Oils and Nutritional Awareness

One of the prominent trends in the India edible oil market is a growing awareness of health and nutrition, leading consumers to shift towards healthier oil options. Traditionally, edible oils like mustard oil and groundnut oil were widely used for cooking in India. However, in recent years, there has been a noticeable shift towards oils that are perceived as healthier, such as sunflower oil, soybean oil, and olive oil.

This trend is largely driven by increasing health consciousness among consumers. People are becoming more aware of the importance of a balanced diet and the role of cooking oils in maintaining overall health. They are opting for oils with lower saturated fats, higher levels of unsaturated fats (particularly monounsaturated and polyunsaturated fats), and those that are fortified with essential nutrients like vitamin A and D.

Health-conscious consumers are also seeking oils that offer specific health benefits. For example, oils rich in omega-3 fatty acids are gaining popularity due to their potential to support heart health. Additionally, the demand for organic and cold-pressed oils has surged as consumers perceive them as more natural and wholesome choices.

Increasing Popularity of Blended Oils

Another significant trend in the India edible oil market is the rising popularity of blended oils. Blended oils are created by mixing different types of edible oils to combine their unique properties and offer a balance of taste, nutrition, and affordability. These blends often aim to provide the health benefits associated with specific oils while maintaining the familiar flavors of traditional cooking oils.

One common example is the combination of sunflower oil with a small proportion of olive oil. This blend is marketed as a healthier alternative to traditional oils while retaining the flavor profile that Indian consumers are accustomed to. Similarly, some blended oils incorporate rice bran oil, known for its high smoke point and heart-healthy attributes.

Blended oils have gained acceptance among consumers who seek both health-conscious choices and the retention of traditional flavors in their culinary preparations. Manufacturers are responding to this trend by introducing various blends that cater to different consumer preferences and health goals.

Increasing Demand for Packaged and Branded Edible Oils

The India edible oil market is witnessing a growing demand for packaged and branded edible oils. Traditionally, loose or unbranded oils sold in local markets and neighborhood stores were the preferred choice for many Indian households. However, consumers are now increasingly opting for packaged oils due to several compelling reasons.

Firstly, packaged oils offer a higher level of quality assurance and consistency. Consumers can trust that the oil they purchase is of a certain standard and meets safety and quality regulations. This is particularly important given concerns about adulteration and the authenticity of loose oils.

Secondly, branded and packaged oils often come with added features and benefits such as purity certifications, nutritional information, and tamper-proof packaging. These attributes enhance consumer confidence and appeal to those seeking healthier and safer edible oil options.

Segmental Insights

Product Type Insights

Mustard oil holds a significant share in the India edible oil market and has a long-standing tradition as a culinary staple and a source of various health benefits. Its prominence in Indian households can be attributed to several factors, making it a vital component of the country's culinary landscape and dietary culture.

First and foremost, mustard oil has a rich historical and cultural significance in India. It has been an integral part of Indian cooking for centuries, especially in the northern and eastern regions of the country. The unique pungent flavor and aroma of mustard oil add depth and character to traditional dishes, such as pickles, curries, and various regional delicacies. Its distinctive taste is cherished by many and plays a vital role in preserving the authenticity of regional cuisines.

Apart from its culinary appeal, mustard oil is also celebrated for its potential health benefits. It is known to be rich in monounsaturated and polyunsaturated fats, including omega-3 fatty acids, which have been associated with various cardiovascular health benefits. The oil is believed to help lower bad cholesterol levels and reduce the risk of heart diseases. Additionally, mustard oil contains antioxidants like vitamin E and selenium, which contribute to its potential anti-inflammatory and immunity-boosting properties.

Mustard oil is also valued for its high smoking point, which makes it suitable for deep-frying and high-temperature cooking methods. This property is particularly beneficial in Indian cooking, where frying is a common culinary technique. The oil's stability at high temperatures prevents the formation of harmful trans fats, making it a healthier choice for frying compared to some other cooking oils.

Furthermore, mustard oil is revered in traditional Ayurvedic medicine for its therapeutic qualities. It is often used in massages and as an ingredient in herbal remedies for various ailments. Its warming properties are believed to promote blood circulation, relieve muscle pain, and alleviate symptoms of colds and coughs when applied externally.

Sales Insights

The online sales channel has emerged as a significant player in the India edible oil market, transforming the way consumers purchase cooking oils and impacting the entire industry's dynamics. This shift towards online sales has been driven by various factors that have reshaped the market landscape in recent years.

Online shopping has gained immense popularity in India due to the convenience it offers. Consumers can browse a wide range of edible oil products from various brands, compare prices, read reviews, and make purchases from the comfort of their homes. This level of accessibility is particularly appealing to urban consumers with busy lifestyles who value time-saving solutions.

Online platforms provide an extensive array of edible oil options, including traditional oils like mustard and groundnut oil, as well as healthier alternatives such as olive oil, sunflower oil, and blends. This diverse product selection caters to the evolving dietary preferences and health-conscious choices of Indian consumers. It allows shoppers to explore a broader range of options than what may be available at local brick-and-mortar stores.

Online platforms offer detailed product information, nutritional facts, and customer reviews, enabling consumers to make informed choices. This transparency is crucial when selecting cooking oils, as consumers are increasingly interested in understanding the nutritional content, source of the oil, and any certifications related to purity and quality.

E-commerce platforms often feature competitive pricing and regular discounts, making online purchases cost-effective for consumers. Bulk purchase options and subscription services further incentivize consumers to buy edible oils online, as they can save on overall costs while ensuring a steady supply of cooking oil.

Reputed e-commerce platforms collaborate with established brands and sellers, providing consumers with a sense of trust and reliability in the products they purchase. This is essential in a market where authenticity and quality are of paramount importance to consumers.

The COVID-19 pandemic accelerated the adoption of online shopping channels, including for essential items like edible oils. Consumers, concerned about their safety, preferred contactless shopping options. This trend is expected to persist as consumers continue to prioritize safety and hygiene in their purchase decisions.

 

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Regional Insights

The North region of India holds a substantial and influential share in the country's edible oil market, making it a key player in shaping the dynamics of this essential sector. Comprising states such as Punjab, Haryana, Uttar Pradesh, Delhi, and Rajasthan, this region's significance in the edible oil market is underpinned by several critical factors.

The North region is often referred to as the "food bowl" of India due to its fertile land and extensive agricultural activities. This region is a significant contributor to the country's oilseed production. Oilseeds like mustard, soybean, sunflower, and groundnut are cultivated extensively in states like Rajasthan, Haryana, and Uttar Pradesh. This local production of oilseeds plays a crucial role in the availability of raw materials for edible oil extraction and refining.

The culinary traditions of North India heavily influence the consumption of edible oils. North Indian cuisine is known for its rich and diverse flavors, and various dishes are cooked using specific types of oils. For instance, mustard oil is a staple in many North Indian kitchens, especially in regions like Punjab. It imparts a distinct flavor to dishes like sarson da saag and makki di roti. The preference for region-specific oils for traditional dishes sustains the demand for specific types of edible oils in the North.

The North region boasts a diverse demographic and consumer base, ranging from metropolitan areas like Delhi to semi-urban and rural communities. This diversity leads to varied consumer preferences and dietary habits. While urban consumers may opt for premium or health-oriented edible oils, rural and semi-urban populations often stick to traditional and locally available oils. This diversity necessitates a wide range of edible oil choices in the market to cater to these varying preferences.

Urbanization is rapidly transforming the lifestyle and dietary choices of North India's urban population. As more people migrate to urban centers for work and education, there is an increasing demand for convenience foods and packaged edible oils. The urban lifestyle, marked by busy schedules and smaller living spaces, has spurred the preference for packaged and branded edible oils, as they are more convenient to store and use. This urban shift is further driving the growth of the edible oil market in the North region.

The North region benefits from a well-established retail presence and distribution networks. Major cities like Delhi and Chandigarh serve as commercial hubs with a high density of supermarkets, hypermarkets, and convenience stores. These retail outlets stock a wide variety of edible oils, including premium and health-oriented options. The presence of a robust distribution network ensures the accessibility of edible oils to consumers across urban, semi-urban, and rural areas in the North.

Recent Developments

  • In 2023, Cargill India, a subsidiary of the global food corporation Cargill, has entered the South Indian market through the acquisition and investment of USD35 million in an existing facility in Nellore, Andhra Pradesh. The company has officially announced the launch of its inaugural product in four South Indian states—Gemini Pureit, a sunflower oil that will be manufactured at the Nellore plant and distributed across the region.
  • In 2023, Sunpure, the largest edible oil brand in South India, has unveiled its latest marketing campaign—#Fantastic5WithSunpure—emphasizing the oil's five health benefits and the brand's fundamental values of purity, well-being, quality, care, and honesty. This year-long, multilingual campaign will be amplified through various offline and online channels, including social media and digital platforms.

Key Market Players

  • Adani Wilmar Limited
  • Agro Tech Foods Ltd. (ConAgra Brands Inc.)
  • BCL Industries Ltd.
  • Bunge India Private Limited
  • Cargill India Private Limited
  • Emami Agrotech Limited
  • Gulab Oil And Foods Pvt. Ltd.
  • Mahesh Edible Oil Industries (Saloni Mustard oil)
  • Marico Limited
  • Patanjali Ayurved Limited

 By Product Type

By Packaging Type

By Sales Channel

By Region

  • Mustard Oil
  • Soybean Oil
  • Sunflower Oil
  • Palm Oil
  • Olive Oil
  • Others
  • Pouches
  • Jars
  • Cans
  • Bottles
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Others   
  • North
  • South
  • East
  • West

 

Report Scope:

In this report, the India Edible Oil market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Edible Oil Market, By Product Type:

o   Mustard Oil

o   Soybean Oil

o   Sunflower Oil

o   Palm Oil

o   Olive Oil

o   Others       

  • India Edible Oil Market, By Packaging Type:

o   Pouches

o   Jars

o   Cans

o   Bottles

  • India Edible Oil Market, By Sales Channel:

o   Supermarkets/Hypermarkets

o   Convenience Stores

o   Online

o   Others            

  • India Edible Oil Market, By Region:

o   North

o   South

o   East

o   West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India edible oil market.

Available Customizations:

India Edible Oil Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Edible Oil Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Challenges Faced Post Purchase

5.    India Edible Oil Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Eating and Drinking, Sports and Fitness, Leisure and Recreation, and Others)

5.2.2.    By Packaging Type Market Share Analysis (Pouches, Jars, Cans, and Bottles)

5.2.3.    By Sales Channel Market Share Analysis (Supermarkets/Hypermarkets, Convenience Stores, Online, and Others)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North Market Share Analysis

5.2.4.2.        South Market Share Analysis

5.2.4.3.        East Market Share Analysis

5.2.4.4.        West Market Share Analysis

5.2.5.    By Company Market Share Analysis

5.3.  India Edible Oil Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Packaging Type Market Mapping & Opportunity Assessment

5.3.3.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    North India Edible Oil Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Packaging Type Market Share Analysis

6.2.3.    By Sales Channel Market Share Analysis

7.    East India Edible Oil Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Packaging Type Market Share Analysis

7.2.3.    By Sales Channel Market Share Analysis

8.    West India Edible Oil Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Packaging Type Market Share Analysis

8.2.3.    By Sales Channel Market Share Analysis

9.    South India Edible Oil Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Packaging Type Market Share Analysis

9.2.3.    By Sales Channel Market Share Analysis

10. Market Dynamics

10.1.             Drivers

10.2.             Challenges

11. Impact of COVID-19 on India Edible Oil Market

11.1.             Impact Assessment Model   

11.1.1. Key Segments Impacted

11.1.2. Key Regions Impacted

12. Market Trends & Developments

13. Porter’s Five Forces Model

13.1.             Competitive Rivalry

13.2.             Bargaining Power of Buyers

13.3.             Bargaining Power of Suppliers

13.4.             Threat of New Entrants

13.5.             Threat of Substitutes

14. SWOT Analysis

14.1.             Strengths

14.2.             Weaknesses

14.3.             Opportunities

14.4.             Threats

15. Policy and Regulatory Landscape

16. India Economic Profile

17. Company Profiles

17.1.1. Adani Wilmar Limited

17.1.1.1.     Company Details

17.1.1.2.     Product & Services

17.1.1.3.     Financials (As Per Availability)

17.1.1.4.     Key market Focus & Geographical Presence

17.1.1.5.     Recent Developments

17.1.1.6.     Key Management Personnel

17.1.2. Agro Tech Foods Ltd. (ConAgra Brands Inc.)

17.1.2.1.     Company Details

17.1.2.2.     Product & Services

17.1.2.3.     Financials (As Per Availability)

17.1.2.4.     Key market Focus & Geographical Presence

17.1.2.5.     Recent Developments

17.1.2.6.     Key Management Personnel

17.1.3. BCL Industries Ltd.

17.1.3.1.     Company Details

17.1.3.2.     Product & Services

17.1.3.3.     Financials (As Per Availability)

17.1.3.4.     Key market Focus & Geographical Presence

17.1.3.5.     Recent Developments

17.1.3.6.     Key Management Personnel

17.1.4. Bunge India Private Limited

17.1.4.1.     Company Details

17.1.4.2.     Product & Services

17.1.4.3.     Financials (As Per Availability)

17.1.4.4.     Key market Focus & Geographical Presence

17.1.4.5.     Recent Developments

17.1.4.6.     Key Management Personnel

17.1.5. Cargill India Private Limited

17.1.5.1.     Company Details

17.1.5.2.     Product & Services

17.1.5.3.     Financials (As Per Availability)

17.1.5.4.     Key market Focus & Geographical Presence

17.1.5.5.     Recent Developments

17.1.5.6.     Key Management Personnel

17.1.6. Emami Agrotech Limited

17.1.6.1.     Company Details

17.1.6.2.     Product & Services

17.1.6.3.     Financials (As Per Availability)

17.1.6.4.     Key market Focus & Geographical Presence

17.1.6.5.     Recent Developments

17.1.6.6.     Key Management Personnel

17.1.7. Gulab Oil And Foods Pvt. Ltd.

17.1.7.1.     Company Details

17.1.7.2.     Product & Services

17.1.7.3.     Financials (As Per Availability)

17.1.7.4.     Key market Focus & Geographical Presence

17.1.7.5.     Recent Developments

17.1.7.6.     Key Management Personnel

17.1.8. Mahesh Edible Oil Industries (Saloni Mustard oil)

17.1.8.1.     Company Details

17.1.8.2.     Product & Services

17.1.8.3.     Financials (As Per Availability)

17.1.8.4.     Key market Focus & Geographical Presence

17.1.8.5.     Recent Developments

17.1.8.6.     Key Management Personnel

17.1.9. Marico Limited

17.1.9.1.     Company Details

17.1.9.2.     Product & Services

17.1.9.3.     Financials (As Per Availability)

17.1.9.4.     Key market Focus & Geographical Presence

17.1.9.5.     Recent Developments

17.1.9.6.     Key Management Personnel

17.1.10.              Patanjali Ayurved Limited

17.1.10.1.  Company Details

17.1.10.2.  Product & Services

17.1.10.3.  Financials (As Per Availability)

17.1.10.4.  Key market Focus & Geographical Presence

17.1.10.5.  Recent Developments

17.1.10.6.  Key Management Personnel

18. Strategic Recommendations

18.1.             Key Focus Areas

18.2.             Target Product Type

18.3.             Target Sales Channel

19. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the India edible oil market was estimated to be USD4.2 billion in 2023.

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The growth of the India edible oil market is driven by factors such as increasing health consciousness leading to the demand for healthier oils and the growing popularity of packaged and branded edible oils due to their convenience and quality assurance.

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Trends in the India edible oil market include a shift towards healthier oils and increased awareness of nutrition, a growing popularity of blended oils offering a balance between health and flavor, and a rising demand for packaged and branded edible oils for quality assurance and convenience.

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Major challenges in the India edible oil market include fluctuating raw material prices, supply chain disruptions, and the need for sustainable and cost-effective oilseed cultivation practices to meet the rising demand.

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Parvati Sharma

Account Manager BD
Press Release

India Edible Oil Market to Grow with a CAGR of 1.5% through 2028

Oct, 2023

The India edible oil market is influenced by a combination of factors, including population growth, urbanization, changing dietary habits, health awareness, and government policies.