Until 1990’s the dominant edible oil produced and consumed in India were mustard, sesame, and groundnut. The technological, economic and policy changes thereafter induced dynamics in consumer demand for food, including edible oils. The possible reason for these shifts are increased urbanization, changing lifestyles, increased awareness, availability of oils in packet form in varied quantities even in remote rural areas, change in relative prices of oils, and increased income levels of households. India’s edible oil market was recorded at INR 1,89,426 Crore in the year 2014, with the unorganized oil market showing a decline in the market share with a CAGR of over 2.50%.
Together, groundnut, soybean, and rapeseed/mustard account for over half of the output of cultivated oilseeds in India. Efficiency gains in the oilseed-processing sector have been hampered by poor infrastructure and policies restricting economies of scale in processing plants. Carried out with in-depth analysis, the report ‘India Edible Oil Market Outlook, 2025’ published by Bonafide Research, gives an insight into the transformation to occur in the edible oil market. With the consumer buying behavior differing among the states, the northern region is expected to lead the market in terms of consumption of the packaged edible oil.
With the increasing awareness about the health benefits of the different oils, the perception of the consumers has and the commonly seen trend is the inclusion of different oil in the daily diet. With this, there has been a considerable shift from the traditional oils towards non-traditional oils, such as olive oil and rice bran oil to name a few. Yet, this has not stopped the consumers from eliminating the traditional oil from their diet. After more than a year of sustaining lowdown, the firms have started to witness recovery in demand with major players are now confident of sustaining growth if the situation remains favourable.
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The growth in the edible oil industry has resulted from many driving factors; not only from the demand perspective, but also from a consumer perspective. From the consumer trends perspective, demand is driven in the area of fat content, health benefits, packaging, and price. This increasing awareness is the reason for the consumer shift from the unorganized market to the purchase of branded edible oil.
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Major Companies Present in the market
The key players of the India Edible Oil market are Adani Wilmar Limited, Bunge Foods Pvt Ltd (Dalda & Gagan), Marico (Saffola), Cargill India PVT LTD, N.K Proteins ( Tirupati), Gulab Oil And Foods Pvt. Ltd., Vimal Oil & Foods Ltd, Mahesh Edible Oil Industries (Saloni Mustard Oil), Agro Tech Foods Limited, Sanwaria Consumer Limited (Sanwaria Agro Oils Limited), Ruchi Soya Limited, Patanjali Ayurved Limited, Emami Agrotech Limited, Bansal Oil Mill Limited, K. S. Oils Limited (Kalash), Puri Oil Limited, Reliance Retail Ltd, Future Consumer Ltd.
Considered in this report
The following aspects are covered in the report “India Edible Oil Market Outlook, 2025“
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