| Product Code: ETC223284 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s palm kernel oil import market in 2024 continued to be dominated by key exporters such as Malaysia, Thailand, Papua New Guinea, Sierra Leone, and Liberia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a remarkable compound annual growth rate (CAGR) of 8.94% from 2020 to 2024. The growth momentum remained strong in 2024, with a notable growth rate of 25.54% compared to the previous year, showcasing the sustained demand for palm kernel oil in India.

The India Palm Kernel Oil Market is driven by factors such as increasing population and rising disposable income which lead to higher demand for consumer goods and food products. The growing use of palm kernel oil in the food industry as a cooking oil and in the production of confectionery and bakery products is also a major driving factors for the market expansion. Additionally, the increasing demand for biofuels and the government's efforts to promote the use of biofuels are also fueling the demand for this market. However, the market is also facing some challenges which includes increasing competition from other vegetable oils such as soybean oil and sunflower oil. The increasing awareness about the negative impact of palm oil cultivation on the environment is also a major concern impacting the palm kernel oil market. Additionally, the fluctuating prices of raw materials also hampers the growth of this industry.
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 Palm Kernel Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Palm Kernel Oil Market Revenues & Volume, 2021 & 2028F |
3.3 India Palm Kernel Oil Market - Industry Life Cycle |
3.4 India Palm Kernel Oil Market - Porter's Five Forces |
3.5 India Palm Kernel Oil Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 India Palm Kernel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of palm kernel oil |
4.2.2 Growth in the food processing industry in India |
4.2.3 Rising demand for organic and sustainable products in the market |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from other vegetable oils in the market |
4.3.3 Regulatory challenges related to imports and exports |
5 India Palm Kernel Oil Market Trends |
6 India Palm Kernel Oil Market, By Types |
6.1 India Palm Kernel Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Palm Kernel Oil Market Revenues & Volume, By Application, 2018 - 2028F |
6.1.3 India Palm Kernel Oil Market Revenues & Volume, By Edible Oil, 2018 - 2028F |
6.1.4 India Palm Kernel Oil Market Revenues & Volume, By Cosmetics, 2018 - 2028F |
6.1.5 India Palm Kernel Oil Market Revenues & Volume, By Bio-diesel, 2018 - 2028F |
6.1.6 India Palm Kernel Oil Market Revenues & Volume, By Lubricants, 2018 - 2028F |
6.1.7 India Palm Kernel Oil Market Revenues & Volume, By Surfactants, 2018 - 2028F |
6.1.8 India Palm Kernel Oil Market Revenues & Volume, By Others, 2018 - 2028F |
7 India Palm Kernel Oil Market Import-Export Trade Statistics |
7.1 India Palm Kernel Oil Market Export to Major Countries |
7.2 India Palm Kernel Oil Market Imports from Major Countries |
8 India Palm Kernel Oil Market Key Performance Indicators |
8.1 Percentage increase in organic palm kernel oil sales |
8.2 Adoption rate of palm kernel oil in new food products |
8.3 Growth in the number of sustainable palm kernel oil certifications in India |
9 India Palm Kernel Oil Market - Opportunity Assessment |
9.1 India Palm Kernel Oil Market Opportunity Assessment, By Application, 2021 & 2028F |
10 India Palm Kernel Oil Market - Competitive Landscape |
10.1 India Palm Kernel Oil Market Revenue Share, By Companies, 2021 |
10.2 India Palm Kernel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |