What is the Potential of the India Edible Oil Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit India is the second most populous country in the world housing more than 15% population creating a huge consumer base. Post liberalization and deregulation of license based market in 1991, has led to healthy growth in economy. Many new foreign companies as well as domestic companies have expanded their business in the edible oil segment to cater the larger population in the country. India consumes an estimated ~ million tons of oil in FY’2017 of which majority (~%) of the oil was imported. India consumes an estimated ~ million tons of oil in FY’2017 of which majority (~%) of the oil was imported. Palm oil is the most consumed oil in India but is almost entirely imported from Malaysia and Indonesia. Even though imports dominate the market production of edible oil domestically has declined over the years from ~ MMT in FY’2012 to ~ in FY’2017. In India majority of the edible oil is imported, both refined and crude edible oil is imported which is then processed and packaged before being sold in the market. The change in taste and preference of the consumers because of the quest for low fat and low absorb oil has led several oil such as Soybean oil, sunflower oil and safflower oil to make an entry into the Indian kitchen. India edible oil market increased from ~ MMT in FY’2012 to ~ MMT in FY’2017 registering a five year CAGR of ~%. It is expected that future demand for edible oil will register a constant increase. The market will increase from ~ million metric tons in FY’2018 to ~ million metric tons in FY’2022. Entry of new players such as Mahindra, Cofco, Patanjali will further boost the market. Share players in the organized sector will increase as demand for packaged edible oil increases. India Palm Oil Market Market Size Palm oil is the leading oil consumed in India with majority of it being imported. The revenue generated from sale of palm oil in India was estimated at INR ~ billion in FY’2017 registering a decline due to fall in imports. Consumption in terms of volume was estimated at ~ million tons. Domestic production of palm oil registered constant increase in demand registering a five year CAGR of ~% between FY’2012 to FY’2017. Andhra Pradesh was the leading state in terms of production of crude palm oil in India. Northern regions of the country are the major consumers of palm oil, which has accounted for a sizeable share of ~% Eastern region of the country are the third largest palm oil consumers, which has commanded consumption share of ~% in terms of volume during FY’2017. Western regions have a comparatively lower consumption share of ~% only. Organized sector constituted majority of the sales accounting for ~% (~ thousand tons) of the total sales by volume in palm oil segment. Unorganized sector captured market share of ~% with an estimated sales volume of ~ thousand tons. India Soybean Oil Market Market Size Market for Soybean oil increased from INR ~ billion in FY’2015 to INR ~ billion in FY 2017. Growth in demand for soybean oil was on account of reduced demand for palm oil due higher increase in its prices. Its consumption has increased from ~ MMT in FY’2012 to ~ MMT in FY’2017. Domestic production during the same period declined from ~ MMT to ~ MMT. Decline in production was mainly due to fall of prices in the international market making domestic production less attractive. Source: https://www.kenresearch.com/food-beverage-and-tobacco/general-food/india-edible-oil-market-2022/130172-11.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 www.kenresearch.com Tags: Borges Olive Oil Market Share, Cargill Market Share South India, Competition in Rice Bran Oil Market, Competition Leonardo Olive Oil, Cotton Seed Oil Market Growth, Domestic Production Soybean Oil, Edible Oil Refining Market India, Edible Oil Sales State wise, Future Opportunities Edible Oil, Future Per Capita Consumption Cooking Oil, Groundnut Oil Production India, Import Edible Oil India, India Edible Oil Market, India Mustard Oil Sales, India Olive Oil Consumption, India Sunflower Oil Market Statistics, Industry Revenue Cooking Oil, Maharashtra Sales Olive Oil, Market Share Adani Wilmar India, Palm Oil Market Size Kerala, Regional Consumption Rice Bran Oil, Regional sales Coconut Oil, Revenue Olive Oil Future, Rice Bran Oil Market Sales Volume, Rice Bran Oil Market Trends, Sales Volume Canola Oil India, Soybean Oil Market Production, Unorganized Sector Olive Oil Sales, Uttar Pradesh Sales Volume Rice Bran Oil, Value Chain Edible Oil Market
