Market Forecast By Product Type (Edible, Non-Edible), By Application (Food, Biofuel, Industrial, Others ), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Departmental Stores, Others) And Competitive Landscape
Product Code: ETC220344 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | India Corn Oil Market |
Forecast Period | 2025-2031 |
CAGR | 8.5% |
Growing Sector | Household Sector |
The India Corn Oil Market Report thoroughly covers the market by product type, application, distribution channel. The India Corn Oil Market Outlook report provides an unbiased and detailed analysis of the ongoing India Corn Oil Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Indian corn oil market is expected to grow in the coming years, driven by the increasing awareness of the health benefits of corn oil and the growing demand for healthy cooking oils. However, the market also faces significant challenges such as competition from other cooking oils and a lack of infrastructure for processing and storage.
According to 6Wresearch, the India Corn Oil Market size is estimated to expand at a CAGR of 8.5% during 2025-2031. One of the main drivers of growth in the Indian corn oil market is the increasing awareness of consumers of the health benefits of corn oil. Corn oil is low in saturated fat and high in polyunsaturated and monounsaturated fats, making it a healthier option for cooking. Additionally, increasing health concerns such as obesity, heart diseases, and diabetes have led to a shift towards healthy cooking oils such as corn oil. The growth in the hospitality industry and the food processing industry has also contributed to the India corn oil market growth.
The corn oil market in India is not without its challenges. One of the main challenges is the competition from other cooking oils such as soybean oil, palm oil, and sunflower oil. These oils are cheaper than corn oil, which makes them more attractive to price-sensitive consumers. Another challenge is the lack of awareness among consumers about the health benefits of corn oil. This often leads to a preference for traditional oils such as mustard oil and coconut oil. Additionally, the lack of infrastructure for processing and storage of corn oil is a significant challenge facing the industry.
The India corn oil market is highly competitive, with both domestic and international players vying for market share. Some of the leading players include Agro Tech Foods, Cargill Foods India, Ruchi Soya Industries, Adani Wilmar, and Marico. These players offer a range of corn oil products ranging from regular corn oil to zero-cholesterol corn oil. Additionally, many new players are entering the market, attracted by the high demand for corn oil.
The Indian government has taken several initiatives to support the corn oil industry. These initiatives include providing subsidies for the cultivation of corn, promoting corn oil through nutrition awareness programs, and increasing research and development activities in the industry. The government has also launched the National Programme for Organic Production (NPOP) to promote organic farming, which includes corn cultivation.
The future of the India corn oil market looks highly promising. The growing health consciousness, increasing disposable incomes, favourable government regulations, increasing demand from the food industry, and the growing popularity of e-commerce has created a conducive environment for the corn oil market to thrive. The market is expected to grow at a significant pace in the coming years, making it a lucrative opportunity for investors and manufacturers.
According to Rajneesh, Senior Research Analyst, 6Wreserach, the Food application segment is the fastest growing in the Indian Corn Oil market. Corn oil has become a staple ingredient in Indian households for cooking as it is healthy and fits into modern-day lifestyle choices.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Corn Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Corn Oil Market Revenues & Volume, 2021 & 2031F |
3.3 India Corn Oil Market - Industry Life Cycle |
3.4 India Corn Oil Market - Porter's Five Forces |
3.5 India Corn Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Corn Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Corn Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Corn Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Corn Oil Market Trends |
6 India Corn Oil Market, By Types |
6.1 India Corn Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Corn Oil Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Corn Oil Market Revenues & Volume, By Edible, 2021 - 2031F |
6.1.4 India Corn Oil Market Revenues & Volume, By Non-Edible, 2021 - 2031F |
6.2 India Corn Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Corn Oil Market Revenues & Volume, By Food, 2021 - 2031F |
6.2.3 India Corn Oil Market Revenues & Volume, By Biofuel, 2021 - 2031F |
6.2.4 India Corn Oil Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.5 India Corn Oil Market Revenues & Volume, By Others , 2021 - 2031F |
6.3 India Corn Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Corn Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021 - 2031F |
6.3.3 India Corn Oil Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.3.4 India Corn Oil Market Revenues & Volume, By Departmental Stores, 2021 - 2031F |
6.3.5 India Corn Oil Market Revenues & Volume, By Others, 2021 - 2031F |
7 India Corn Oil Market Import-Export Trade Statistics |
7.1 India Corn Oil Market Export to Major Countries |
7.2 India Corn Oil Market Imports from Major Countries |
8 India Corn Oil Market Key Performance Indicators |
9 India Corn Oil Market - Opportunity Assessment |
9.1 India Corn Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Corn Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Corn Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Corn Oil Market - Competitive Landscape |
10.1 India Corn Oil Market Revenue Share, By Companies, 2024 |
10.2 India Corn Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |