India Edible Oil Market to Reach 26.7 Million Tons 2023-2028 | Industry CAGR of 1.55%

According to the latest report by IMARC Group "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.

Edible oil represents the fatty liquid that is extracted from several vegetable- and animal-based sources at a lower temperature. It is a rich source of essential fat-soluble vitamins, polyunsaturated fatty acids, and minerals, such as phytosterols, zinc, selenium, etc. Edible oil is widely used in hotels, cafes, households, food processing units, and restaurants for baking, frying, and other types of cooking. In addition to this, it is also utilized in food preparations that do not involve heat, including dips and salad dressings. Edible oil provides distinct texture and flavor and increases the nutritional value of food items.

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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.

India Edible Oil Market Trends and Drivers:

The growing consumer health concerns towards the high prevalence of coronary heart diseases, diabetes, obesity, gastrointestinal disorders, etc., are among the primary factors driving the India edible oil market. Besides this, the widespread adoption of processed food items, on account of the changing dietary patterns of individuals and their hectic work schedules, is further augmenting the market growth. Moreover, leading manufacturers are introducing edible oils enriched with omega-3, vitamins, natural antioxidants, etc., which is catalyzing market growth across the country. Apart from this, continuous improvements in the agriculture industry and the launch of various favorable policies by government bodies to enhance the production of oilseeds are acting as significant growth-inducing factors. Additionally, the escalating demand for high-quality product variants, such as olive oil, sesame oil, flaxseed oil, etc., is also stimulating the market growth. In line with this, the rising popularity of international culinary practices is anticipated to propel the India edible oil market over the forecasted period.

Report Segmentation:

The report has segmented the market into the following categories:

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 market has also been analyzed, with some of the top leading indian edible oil companies

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/india-edible-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.

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Related Reports By IMARC Group

North America Soybean Oil Market: https://www.imarcgroup.com/north-america-soybean-oil-market

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United States Egg Powder Market: https://www.imarcgroup.com/united-states-egg-powder-market

India Sunflower Oil Market: https://www.imarcgroup.com/india-sunflower-oil-market

Latin America Salmon Market: https://www.imarcgroup.com/latin-america-salmon-market

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Asia Pacific Coconut Water Market: https://www.imarcgroup.com/asia-pacific-coconut-water-market

GCC Coconut Water Market: https://www.imarcgroup.com/gcc-coconut-water-market

Europe Flaxseeds Market: https://www.imarcgroup.com/europe-flaxseeds-market

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