India Edible Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
India Edible Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The India edible oil market size reached 24.3 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 26.7 Million Tons by 2028, exhibiting a growth rate (CAGR) of 1.55% during 2023-2028.
India currently represents the world’s largest importer of edible oil in the world. Increasing disposable incomes, rising urbanization rates, changing dietary habits and the growth of the food processing sector represent some of the key factors driving the demand of edible oil in India.
In India, the rising consumer health concerns towards the high prevalence of coronary heart diseases, diabetes, obesity, gastrointestinal disorders, etc., are primarily driving the demand for healthy edible oil. Additionally, the market is further catalyzed by the growing awareness towards several health benefits of organic and low-cholesterol edible oil. As a result, various regional manufacturers are launching healthy product variants enriched with omega-3, vitamins, and natural antioxidants. Moreover, the changing consumer dietary patterns and their hectic work schedules have led to the increasing consumption of processed food items. The rising demand for edible oil in the food processing sector as food preservatives and flavoring agents is also catalyzing the market growth in the country. Additionally, the elevating consumer living standards coupled with the increasing penetration of international culinary trends are further augmenting the demand for high-quality product variants, such as olive oil, sesame oil, flaxseed oil, etc. Apart from this, the expanding agriculture sector along with the launch of several initiatives for enhancing the production of oilseeds in the country is also propelling the market. Furthermore, the Indian government is making continuous efforts to increase the domestic availability of edible oil and reduce import dependency. For instance, the government has proposed the National Mission on Edible Oil (NMEO) for meeting the country’s consumption need for edible oil, such as sesame oil, groundnut oil, safflower oil, palm oil, etc.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India edible oil market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, packaging type, packaging material, pack size, domestic manufacturing/imports, application and distribution channel.
Breakup by Type:
Palm Oil
Soybean Oil
Mustard Oil
Sunflower Oil
Others
Breakup by Packaging Type:
Pouches
Jars
Cans
Bottles
Breakup by Packaging Material:
Metal
Plastic
Paper
Others
Breakup by Pack Size:
Less than 1 Litres
1 Litres
1 Litres - 5 litres
5 Litres - 10 Litres
10 Litres and Above
Breakup by Domestic Manufacturing/Imports:
Domestic Manufacturing
Imports
Breakup by Application:
HoReCa
Home Users
Food Processing Industry
Breakup by Distribution Channel:
Direct/Institutional Sales
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
Breakup by Region:
North India
West and Central India
East India
South India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report
1. What was the size of the India edible oil market in 2022?
2. What is the expected growth rate of the India edible oil market during 2023-2028?
3. What are the key factors driving the India edible oil market?
4. What has been the impact of COVID-19 on the India edible oil market?
5. What is the breakup of the India edible oil market based on the type?
6. What is the breakup of the India edible oil market based on the packaging material?
7. What is the breakup of the India edible oil market based on the application?
8. What is the breakup of the India edible oil market based on the distribution channel?
9. What are the key regions in the India edible oil market?
The India edible oil market size reached 24.3 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 26.7 Million Tons by 2028, exhibiting a growth rate (CAGR) of 1.55% during 2023-2028.
India currently represents the world’s largest importer of edible oil in the world. Increasing disposable incomes, rising urbanization rates, changing dietary habits and the growth of the food processing sector represent some of the key factors driving the demand of edible oil in India.
In India, the rising consumer health concerns towards the high prevalence of coronary heart diseases, diabetes, obesity, gastrointestinal disorders, etc., are primarily driving the demand for healthy edible oil. Additionally, the market is further catalyzed by the growing awareness towards several health benefits of organic and low-cholesterol edible oil. As a result, various regional manufacturers are launching healthy product variants enriched with omega-3, vitamins, and natural antioxidants. Moreover, the changing consumer dietary patterns and their hectic work schedules have led to the increasing consumption of processed food items. The rising demand for edible oil in the food processing sector as food preservatives and flavoring agents is also catalyzing the market growth in the country. Additionally, the elevating consumer living standards coupled with the increasing penetration of international culinary trends are further augmenting the demand for high-quality product variants, such as olive oil, sesame oil, flaxseed oil, etc. Apart from this, the expanding agriculture sector along with the launch of several initiatives for enhancing the production of oilseeds in the country is also propelling the market. Furthermore, the Indian government is making continuous efforts to increase the domestic availability of edible oil and reduce import dependency. For instance, the government has proposed the National Mission on Edible Oil (NMEO) for meeting the country’s consumption need for edible oil, such as sesame oil, groundnut oil, safflower oil, palm oil, etc.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India edible oil market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, packaging type, packaging material, pack size, domestic manufacturing/imports, application and distribution channel.
Breakup by Type:
Palm Oil
Soybean Oil
Mustard Oil
Sunflower Oil
Others
Breakup by Packaging Type:
Pouches
Jars
Cans
Bottles
Breakup by Packaging Material:
Metal
Plastic
Paper
Others
Breakup by Pack Size:
Less than 1 Litres
1 Litres
1 Litres - 5 litres
5 Litres - 10 Litres
10 Litres and Above
Breakup by Domestic Manufacturing/Imports:
Domestic Manufacturing
Imports
Breakup by Application:
HoReCa
Home Users
Food Processing Industry
Breakup by Distribution Channel:
Direct/Institutional Sales
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
Breakup by Region:
North India
West and Central India
East India
South India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report
1. What was the size of the India edible oil market in 2022?
2. What is the expected growth rate of the India edible oil market during 2023-2028?
3. What are the key factors driving the India edible oil market?
4. What has been the impact of COVID-19 on the India edible oil market?
5. What is the breakup of the India edible oil market based on the type?
6. What is the breakup of the India edible oil market based on the packaging material?
7. What is the breakup of the India edible oil market based on the application?
8. What is the breakup of the India edible oil market based on the distribution channel?
9. What are the key regions in the India edible oil market?
Table of Contents
145 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 India Edible Oil Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Type
- 6.1 Palm Oil
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Soybean Oil
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Mustard Oil
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Sunflower Oil
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 7 Market Breakup by Packaging Type
- 7.1 Pouches
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Jars
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Cans
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Bottles
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 8 Market Breakup by Packaging Material
- 8.1 Metal
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Plastic
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Paper
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 9 Market Breakup by Pack Size
- 9.1 Less than 1 Litres
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 1 Litres
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 1 Litres - 5 litres
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 5 Litres - 10 Litres
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 10 Litres and Above
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 10 Market Breakup by Domestic Manufacturing/Imports
- 10.1 Domestic Manufacturing
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Imports
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 11 Market Breakup by Application
- 11.1 HoReCa
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Home Users
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Food Processing Industry
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 12 Market Breakup by Distribution Channel
- 12.1 Direct/Institutional Sales
- 12.1.1 Market Trends
- 12.1.2 Market Forecast
- 12.2 Supermarkets and Hypermarkets
- 12.2.1 Market Trends
- 12.2.2 Market Forecast
- 12.3 Convenience Stores
- 12.3.1 Market Trends
- 12.3.2 Market Forecast
- 12.4 Online
- 12.4.1 Market Trends
- 12.4.2 Market Forecast
- 12.5 Others
- 12.5.1 Market Trends
- 12.5.2 Market Forecast
- 13 Market Breakup by Region
- 13.1 North India
- 13.1.1 Market Trends
- 13.1.2 Market Breakup by State
- 13.1.3 Market Forecast
- 13.2 West and Central India
- 13.2.1 Market Trends
- 13.2.2 Market Breakup by State
- 13.2.3 Market Forecast
- 13.3 East India
- 13.3.1 Market Trends
- 13.3.2 Market Breakup by State
- 13.3.3 Market Forecast
- 13.4 South India
- 13.4.1 Market Trends
- 13.4.2 Market Breakup by State
- 13.4.3 Market Forecast
- 14 SWOT Analysis
- 14.1 Overview
- 14.2 Strengths
- 14.3 Weaknesses
- 14.4 Opportunities
- 14.5 Threats
- 15 Value Chain Analysis
- 16 Porters Five Forces Analysis
- 16.1 Overview
- 16.2 Bargaining Power of Buyers
- 16.3 Bargaining Power of Suppliers
- 16.4 Degree of Competition
- 16.5 Threat of New Entrants
- 16.6 Threat of Substitutes
- 17 Price Analysis
- 18 Policy and Regulatory Landscape
- 19 Competitive Landscape
- 19.1 Market Structure
- 19.2 Key Players
- 19.3 Profiles of Key Players
Pricing
Currency Rates
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