India Edible Oil Market 2022, Share, Industry Growth And Analysis 2027

According to the latest report by IMARC Group "India Edible Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The India edible oil market reached a volume of 23.9 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 26.3 Million Tons by 2027, exhibiting a CAGR of 1.59% during 2022-2027.

Edible oils or vegetable oils refer to synthetic fats that are extracted from various vegetables, plants, seeds, animal tissues, etc. They include olive oil, sunflower oil, rice bran oil, palm oil, soyabean oil, coconut oil, mustard oil, etc. Edible oils are rich in vitamin E, omega-3, natural antioxidants, etc., and aid in improving immune health, protecting body tissues, preventing cardiovascular diseases, etc. They are extensively used in frying, baking, and numerous food preparations and flavorings, including those that do not involve any heat source, such as salad dressings and bread dips. Edible oils are widely used by the food processing industry and across residential establishments.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The rising incidences of diabetes, coronary heart diseases, gastrointestinal disorders, etc., are among the primary factors driving the India edible oil market. Additionally, the growing popularity of organic and low-cholesterol edible oils is further catalyzing market growth. Besides this, the escalating product demand as food preservatives and flavoring agents in the food and beverage (F&B) industry is acting as another significant growth-inducing factor. Furthermore, the elevating consumer living standards and the emerging trend of experimenting with international cuisines are propelling the demand for high-quality and imported variants, such as sesame oil, olive oil, flaxseed oil, etc. Apart from this, the launch of favorable initiatives by government bodies across the country aimed at fueling the domestic vegetable oil production levels is anticipated to fuel the India edible oil market over the forecasted period.

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.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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