India Palm Oil Market 2022-27, Size, Demand, Share, Growth And Analysis

According to the latest report by IMARC Group, titled, "India Palm Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", The India palm oil market is expected to grow at a CAGR of 9.8% during 2021-2026.

Palm oil is an edible vegetable oil that is naturally extracted from the mesocarp of the oil palm fruit. It is a rich source of saturated and monounsaturated fatty acids, vitamins A and E, carotenoids, and phytosterols. Palm oil is known to help lower cholesterol levels, improve brain health, reduce oxidative stress, and enhance skin and hair health. It is commercially available in two forms, namely, crude and palm kernel oil. Palm oil has a high smoke point, on account of which it is widely utilized as vegetable oil for cooking and baking purposes.

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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.

The India palm oil market is primarily driven by the rising use of palm oil in the cosmetics and pharmaceutical industries. Besides this, the Government of India has pledged financial aid to farmers and allowed absolute foreign direct investment (FDI) for the plantation of palm oil, which is contributing to the market growth. Moreover, the demand for palm oil is increasing for use in various edible and non-edible applications, such as surfactants, agrochemicals, biofuels, and personal care products.

The report has segmented the market on the basis of Packaging Type, Packaging Material, Pack Size, Application, Distribution Channel and Region.

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:

• Household Cooking

• HoReCa

• Food Processing Industry

• Oleo Chemicals

• Personal Care Products

• Animal Feed

• Biofuels

• Others

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.

For more information about this report visit: https://www.imarcgroup.com/india-palm-oil-market

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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