Edible Oils in India

Effective from the middle of September 2024, the government of India hiked the basic customs duty on crude edible oils such as palm oil, soybean oil, and sunflower oil from 0% to 20%, and raised the basic customs duty on refined oils from 12.5% to 32.5%. This increase in import taxes is set to drive increases in local prices in 2024, but in the longer term bolster local production and ensure that farmers receive fair compensation for their produce.

The Edible Oils in India report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2020-2024, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2029, clearly indicating how the market is expected to change.

Product coverage: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Edible Oils market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.