INDIA EDIBLE OIL MARKET 2023-2028

Consumer Goods & Services | Food & Beverages

INDIA EDIBLE OIL MARKET 2023-2028

Market by Type and Distribution Channel | Forecast 2023-2028

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According to Triton’s research report, the edible oil market in India is estimated to display revenue and volume growth at a CAGR of 16.80% and 3.92%, respectively, over the forecast period 2023-2028. It is deemed to generate $XX million in value and XX million liters in volume by 2028.

Edible oil, also referred to as cooking oil, is a type of fat obtained from plants, animals, or microorganisms. It consists of triglycerides, made of three fatty acids and one unit of glycerol. Sunflower, olive, palm, soybean, and canola are widely used edible oils enhancing food flavors.

Edible oils act as an intensive source of energy, delivering essential nutrients to the body, including vitamins A and D. Besides this, they act as a heat transfer medium at high temperatures and enhance taste sensation in spreads and salad dressings. The Food Safety and Standards Authority of India (FSSAI) supervises the manufacture, packaging, and distribution of edible oils in India.  

The rise of the Indian edible oil market is expected to be aided by the expanding economy and population, shifting dietary preferences, and increased penetration of processed goods. Customers are more inclined towards premium edible oils as they become more health conscious. Additionally, the demand for value-added edible oils like rice bran oil, canola oil, and olive oil has soared due to the high prevalence of non-communicable disorders, including high cholesterol, diabetes, and hypertension.

Despite a flourishing agricultural industry, India imported over 15 million tonnes of edible oils worth around $73 billion in 2019, accounting for 40% of the country’s total import bill and 3% of the agricultural import bill. The major cause of this shortfall is the inability of domestic oil production to fulfill demand. Besides, price fluctuations in the international market have impacted the cost of edible oils in India’s local market, which has hampered the market’s development.

Triton Market Research’s report provides in-depth insight into the Indian edible oil market, along with segmentation analysis. The detailed analysis of the market includes PESTLE and value chain analysis. The segmentation analysis of the Indian edible oil market includes market by type and distribution channel.

The notable companies in the edible oil market are Adani Group, Ruchi Soya Industries Ltd, Emami Ltd, Cargill India Pvt Ltd, and Kaleesuwari Refinery Pvt Ltd.

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Table of Content

1. INDIA EDIBLE OIL MARKET - SUMMARY

1.1. MARKET SIZE & FORECASTS

1.2. MARKET DRIVING ASPECTS

1.3. MARKET RESTRAINING ASPECTS

1.4. KEY PLAYERS

2. INDIA EDIBLE OIL MARKET OUTLOOK

2.1. MARKET DEFINITION

2.2. MARKET SHARE ANALYSIS

2.3. BRAND SHARE ANALYSIS

2.4. PESTLE ANALYSIS

2.5. VALUE CHAIN ANALYSIS

2.6. IMPACT OF COVID-19 ON THE INDIA EDIBLE OIL MARKET

3. INDIA EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)

3.1. OLIVE OIL

3.2. PALM OIL

3.3. RAPESEED OIL

3.4. SOY OIL

3.5. SUNFLOWER OIL

3.6. OTHER EDIBLE OILS

4. INDIA EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)

4.1. RETAIL CHANNEL

4.2. E-COMMERCE

5. COMPETITIVE LANDSCAPE

5.1. ADANI GROUP

5.2. RUCHI SOYA INDUSTRIES LTD

5.3. EMAMI LTD

5.4. CARGILL INDIA PVT LTD

5.5. KALEESUWARI REFINERY PVT LTD

6. RESEARCH METHODOLOGY & SCOPE

6.1. RESEARCH SCOPE & DELIVERABLES

6.2. SOURCES OF DATA

6.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: INDIA EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)

TABLE 2: INDIA EDIBLE OIL MARKET 2023-2028 (IN MILLION LITERS)

TABLE 3: INDIA – COUNTRY SNAPSHOT

TABLE 4: INDIA EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)

TABLE 5: INDIA EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)

TABLE 6: INDIA EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)

List of Figures

FIGURE 1: INDIA EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 2: INDIA EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 3: VALUE CHAIN ANALYSIS

FIGURE 4: INDIA EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)

FIGURE 5: INDIA EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)

FIGURE 6: INDIA EDIBLE OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)

FIGURE 7: INDIA EDIBLE OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)

FIGURE 8: INDIA EDIBLE OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)

FIGURE 9: INDIA EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)

FIGURE 10: INDIA EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)

FIGURE 11: INDIA EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)

FIGURE 12: INDIA EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)

FIGURE 13: INDIA EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)

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