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India Edible Oil Market 2024 | Trends, Opportunities, Growth and Forecast by 2032

IMARC Group’s report titled “India Edible Oil Market Report by Type (Palm Oil, Soybean Oil, Mustard Oil, Sunflower Oil, and Others), Packaging Type (Pouches, Jars, Cans, Bottles), Packaging Material (Metal, Plastic, Paper, and Others), Pack Size (Less than 1 Litres, 1 Litres, 1 Litres – 5 litres, 5 Litres – 10 Litres, 10 Litres and Above), Domestic Manufacturing/Imports (Domestic Manufacturing, Imports), Application (HoReCa, Home Users, Food Processing Industry), Distribution Channel (Direct/Institutional Sales, Superamarkets and Hypermarkets, Convenience Stores, Online, and Others), and Region 2024-2032“. offers a comprehensive analysis of the industry, which comprises insights on the India edible oil market trends. The market size reached 24.7 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 27.9 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.35% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/india-edible-oil-market/requestsample

Factors Affecting the Growth of the India Edible Oil Industry:

  • Rapid Urbanization:

Urbanization often leads to shifts in dietary preferences. In urban areas, people tend to consume more packaged and processed food products, which frequently contain edible oils as ingredients. This increased consumption of processed food products is driving the demand for edible oils in India. Urban lifestyles are characterized by busy schedules, leading to a higher reliance on ready-to-eat (RTE) and convenience food products. These products often use edible oils for frying, cooking, and flavor enhancement.

  • Health Awareness:

As people are becoming more health-conscious in India, there is a growing preference for edible oils that are perceived as healthier options. Oils like olive oil, sunflower oil, canola oil, and safflower oil are often chosen for their lower saturated fat content and higher levels of unsaturated fats, which are considered more heart healthy. Consumers are more informed about the health benefits associated with specific edible oils. Olive oil is known for its potential cardiovascular benefits, while oils rich in omega-3 fatty acids, like flaxseed oil, are recognized for their potential anti-inflammatory properties.

  • Agriculture and Crop Production:

The cultivation of oilseeds, such as soybeans, sunflower, groundnut, and rapeseed, is a primary source of edible oils. The quantity and quality of these crops directly impact the availability and pricing of edible oils in the market. Variations in crop yields due to factors like weather conditions and agricultural practices can affect the supply of edible oils. High crop yields contribute to ample oil supplies, helping stabilize prices. Various initiatives and subsidies offering by the Government of India for oilseed cultivation can incentivize farmers to grow specific crops, ultimately influencing the availability of edible oils in the market.

India Edible Oil Market Report Segmentation:

By Type:

  • Palm Oil
  • Soybean Oil
  • Mustard Oil
  • Sunflower Oil
  • Others

Palm oil represented the largest segment due to its versatility, cost-effectiveness, and wide usage in both cooking and food processing industries in India.

By Packaging Type:

  • Pouches
  • Jars
  • Cans
  • Bottles

On the basis of the packaging type, the market has been divided into pouches, jars, cans, and bottles.

By Packaging Material:

  • Metal
  • Plastic
  • Paper
  • Others

Plastic accounted for the largest market share as it offers cost-efficiency and durability, making it a preferred choice for manufacturers.

By Pack Size:

  • Less than 1 Litres
  • 1 Litres
  • 1 Litres – 5 litres
  • 5 Litres – 10 Litres
  • 10 Litres and Above

Based on the pack size, the market has been classified into less than 1 litres, 1 litres, 1 litres – 5 litres, 5 litres – 10 litres, and 10 litres and above.

By Domestic Manufacturing/Imports:

  • Domestic Manufacturing
  • Imports

On the basis of the domestic manufacturing/imports, the market has been bifurcated into domestic manufacturing and imports.

By Application:

  • HoReCa
  • Home Users
  • Food Processing Industry

Home users exhibit a clear dominance in the market as the majority of edible oil consumption in India occurs in households, where it is used for daily cooking and meal preparation.

By Distribution Channel:

  • Direct/Institutional Sales
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

Convenience stores dominate the market due to the wide availability of edible oil brands and packaging options in these stores.

Regional Insights:

  • North India
  • West and Central India
  • East India
  • South India

West and Central India enjoys the leading position in the India edible oil market on account of the presence of major oilseed cultivation regions like Gujarat and Madhya Pradesh.

India Edible Oil Market Trends:

Consumers in India are increasingly opting for healthier edible oil options like olive oil, sunflower oil, and canola oil due to a rising awareness about health and nutrition.

There is also a growing demand for organic edible oils and cold-pressed varieties, driven by health-conscious consumers looking for more natural and chemical-free options.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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