Press release
India Edible Oils Market Expected to Surpass USD 6.84 Billion by 2030
The ๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ was worth USD 4.31 Bn in 2023 and total revenue is expected to grow at a rate of 6.82 % CAGR from 2024 to 2030, reaching almost USD 6.84 Bn in 2030.๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The India Edible Oils Market is a significant segment of the agricultural sector, reflecting the country's status as one of the major producers of oilseeds globally. With an estimated procurement of 36.56 million tons of oilseeds in the 2020-21 period, the market encompasses a diverse array of oilseeds cultivated across various agro-climatic regions. Key oilseeds include groundnut, sesame, linseed, castor, soybean, and sunflower, with coconut oil standing out as a major crop. The consumption patterns of edible oils vary across the country, influenced by regional preferences for specific types of oil, including groundnut oil in the South and mustard oil in the North.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐๐ฒ! https://www.maximizemarketresearch.com/request-sample/125654/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
Several factors drive the growth of the India Edible Oils Market, including the rising demand for cooking oils among the expanding population and changing dietary habits. The increasing urbanization and disposable income levels have led consumers to seek diverse and high-quality edible oils. Furthermore, government initiatives promoting oilseed cultivation and the enhancement of domestic production capabilities are pivotal in reducing dependence on imports, which currently meet about 56% of the local demand for edible oils, primarily palmolein.
๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Recent trends in the India Edible Oils Market include a shift towards healthier options, with consumers becoming more aware of the nutritional benefits of various oils. There is a growing preference for refined oils, which are perceived as more palatable due to their reduced color and odor. Innovations in processing techniques, such as physical refining and bleaching, have made oils more appealing for culinary use. Additionally, the introduction of fortified and blended oils is gaining traction, aligning with health-conscious consumer preferences.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/inquiry-before-buying/125654/
๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
The India Edible Oils Market presents numerous opportunities for growth, particularly in the development of niche products, including organic and specialty oils that cater to health-conscious consumers. The increasing focus on sustainability and the potential for enhancing oil palm cultivation in various states can further boost local production. Moreover, with the rising popularity of online retail and e-commerce platforms, companies can expand their reach and enhance consumer access to a wider variety of edible oils.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ?
The regional dynamics of the India Edible Oils Market are shaped by local preferences and agricultural practices. Southern India shows a strong preference for groundnut and coconut oil, while mustard oil dominates in the northern and eastern regions. The government's initiatives to enhance oilseed cultivation in states like Andhra Pradesh, Karnataka, and Tamil Nadu contribute to the overall growth of the market. As consumption patterns evolve and urban centers expand, regional markets will likely witness increased diversification in oil types and brands, catering to the distinct tastes and preferences of consumers.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/125654/ ๏ปฟ๏ปฟ
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ
by Type
Palm Oil
Soybean Oil
Mustard Oil
Sunflower Oil
Others
by Packaging Type
Pouches
Jars
Cans
Bottles
by Distribution Channel
Direct/Institutional Sales
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ง๐๐ข๐ ๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. KSE
2. Ruchi Soya Industries Ltd
3. Gokul Agro Resources Ltd.
4. Gujarat Ambuja Exports Ltd.
5. Gokul Refoils And Solvent Ltd.
6. Vijay Solvex Ltd.
7. BCL Industries Ltd.
8. Agro Tech Foods Ltd.
9. Anik Industries Ltd.
10. Kriti Nutrients
11. Fortune by Adani Group
12. Sundrop by Agro Tech Foods
13. Dhara by Mother Dairy
14. Dalda by Bunge Limited
15. Cargill (Gemini, Nature Fresh and Sweekar).
๐๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง ๐๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/market-report/india-edible-oils-market/125654/ ๏ปฟ๏ปฟ๏ปฟ๏ปฟ
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past India Edible Oils Market Size and Competitive Landscape
India Edible Oils Market Size, Share, Size & Forecast by different segment
India Edible Oils Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
India Edible Oils Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - India Edible Oils Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ:
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