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With rice, mustard, and groundnut being popularly sown crops in the country, their oil has been popular among the people too. Commonly used in the western region, groundnut oil has now become the most expensive cooking oil in India, backed by the growing consumption of peanuts in the form of savories as an accompaniment with liquor, snack bars, and a rise in exports. Rice bran oil is technically a newer entrant to the market extracted from the hard outer brown layer known as rice husk, which contains nearly 15% oil. Considered a popular cooking oil in Asian countries, it has also been recommended by The World Health Organization (WHO) as an effective choice to keep cholesterol under control. However, mustard oil is not an unfamiliar concept to the country, with grandmothers, including it in the winter cuisines that act as a single cure for most seasonal ailments.This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
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The recently published report titled 'India Edible Rice Bran Oil, Mustard Oil & Groundnut Oil Market Outlook, 2027-28' suggests that these oils are much more than their health benefits, opening up a profitable market by the forecasted period, due to the increasing demand. Based on packing, these oils are segmented into plastic bottles and containers, glass containers, plastic pouches, and cartons. The purchase of the size and packaging depends highly on the cost and shelf life and the purpose of the purchase. Plastic bottles and containers and plastic pouches are important and dominant segments due to their particular applicability in the storage of oil.
The market of mustard oil is expected to grow with a CAGR of more than 6% during the forecasted period, while the market of rice bran is expected to grow with a CAGR of more than 9%. The challenge is the darker color of the oil caused by the red hue. Over the years, Indian consumers have started believing that a lighter color indicates a better quality of the oil. The sale of groundnut oil from the unorganized market sector is considerably high and expected to remain considerably high, with more than a quarter of the total share even by the year 2025. The industrial use of rice bran oil is increasing due to its various health benefits, with only 75% of the extraction being used for the edible consumptions. Traditionally the mustard oil is the most preferred oil for cooking in the eastern region; but is also used in different applications like aromatherapy, pharmaceuticals, & soaps, etc.
Major companies present in the market:
Adani Wilmar Limited, Bunge Foods Pvt Ltd (Dalda & Gagan),Cargill India PVT LTD, N.K Proteins ( Tirupati), Gulab Oil And Foods Pvt. Ltd., Vimal Oil & Foods Ltd
Considered in the report
- Geography: India
- Base year: 2021-22
- Historical year: 2016-17
- Estimated year: 2022-23
- Forecasted year: 2027-28
Aspects covered in the report
- India Oil Market
- India Edible Oil Market
- India Packaged Edible Oil Market
- India Rice Bran Oil Market Outlook
- India Mustard Oil Market Outlook
- India Groundnut Oil Market Outlook
- Price Product And Variant Analysis
- Market Trends & Developments
- India Economic Profile
- Porters Five Force Model
- Company Profile Of Top Players
Segments covered in the market
- By Market Type
- By Packaging Type
- By Packaging Size
- By Region
- By End User
- By Application
- By Sales Channel
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the frozen food industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.Table of Contents
1. Executive Summary10. PEST Analysis12. Policy & Regulatory Framework14. Market Trends & Developments16. Strategic Recommendation’s
2. Market Structure
3. Research Methodology
4. India Edible Oil Market Outlook
5. India Packaged Edible Oil Market Outlook (Organized)
6. India Groundnut Oil Market Outlook
7. India Mustard Oil Market Outlook
8. India Rice Bran Oil Market Outlook
9. Product Price & Variant Analysis
11. Trade Dynamics
13. Market Dynamics
15. Competitive Landscape
17. Disclaimer
List of Table
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adani Wilmar Limited
- Bunge India Private Limited
- Cargill India Private Limited
- Gulab Oil And Foods Pvt. Ltd.
- N.K Protains Pvt Ltd (Tirupati)
- Vimal Oil & Foods Ltd