India Palm Stearin Market Outlook | Trends, Growth, Revenue, Industry, Value, Forecast, Analysis, Companies, COVID-19 IMPACT, Share & Size

Market Forecast By Product Type (Soft Stearin, Hard Stearin), By Application (Food & Beverage, Cosmetics & Personal Care, Agrochemicals, Energy & Biomass) And Competitive Landscape
Product Code: ETC223404 Publication Date: Aug 2022 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 Palm Stearin Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s palm stearin import shipments in 2024 continued to see significant growth, with a notable increase in concentration among the top exporting countries. Sri Lanka, Indonesia, Malaysia, Germany, and the USA emerged as the key suppliers to India. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 intensified further in 2024, indicating a highly competitive market among these exporters. With a robust Compound Annual Growth Rate (CAGR) of 9.69% from 2020 to 2024 and an impressive growth rate of 73.64% in 2024 alone, the palm stearin import market in India showcases strong demand and potential opportunities for stakeholders.

India Palm Stearin Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The India Palm Stearin Market due to the increasing demand for soap, candles, and cosmetics as well as the growing use of biofuels in the country. The government efforts to promote the use of biofuels and the increasing awareness about the environmental benefits of biofuels are further fueling the market development. In general, palm stearin is composed of saturated fatty acids and is used in a variety of applications such as in the production of candles and as a raw material for the production of biodiesel. However, fluctuating prices of raw materials and increasing competition from other vegetable oil by-products hinders the growth of the market. The increasing concerns regarding the negative impacts of palm oil cultivation on the environment also affect the market growth.

Key Highlights of the Report:

  • India Palm Stearin Market Outlook
  • Market Size of India Palm Stearin Market, 2021
  • Forecast of India Palm Stearin Market, 2028
  • Historical Data and Forecast of India Palm Stearin Revenues & Volume for the Period 2018 - 2028
  • India Palm Stearin Market Trend Evolution
  • India Palm Stearin Market Drivers and Challenges
  • India Palm Stearin Price Trends
  • India Palm Stearin Porter's Five Forces
  • India Palm Stearin Industry Life Cycle
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Product Type for the Period 2018 - 2028
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Soft Stearin for the Period 2018 - 2028
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Hard Stearin for the Period 2018 - 2028
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Application for the Period 2018 - 2028
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Food & Beverage for the Period 2018 - 2028
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Cosmetics & Personal Care for the Period 2018 - 2028
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Agrochemicals for the Period 2018 - 2028
  • Historical Data and Forecast of India Palm Stearin Market Revenues & Volume By Energy & Biomass for the Period 2018 - 2028
  • India Palm Stearin Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • India Palm Stearin Top Companies Market Share
  • India Palm Stearin Competitive Benchmarking By Technical and Operational Parameters
  • India Palm Stearin Company Profiles
  • India Palm Stearin Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Stearin Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Palm Stearin Market Revenues & Volume, 2021 & 2028F

3.3 India Palm Stearin Market - Industry Life Cycle

3.4 India Palm Stearin Market - Porter's Five Forces

3.5 India Palm Stearin Market Revenues & Volume Share, By Product Type, 2021 & 2028F

3.6 India Palm Stearin Market Revenues & Volume Share, By Application, 2021 & 2028F

4 India Palm Stearin Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Palm Stearin Market Trends

6 India Palm Stearin Market, By Types

6.1 India Palm Stearin Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 India Palm Stearin Market Revenues & Volume, By Product Type, 2018 - 2028F

6.1.3 India Palm Stearin Market Revenues & Volume, By Soft Stearin, 2018 - 2028F

6.1.4 India Palm Stearin Market Revenues & Volume, By Hard Stearin, 2018 - 2028F

6.2 India Palm Stearin Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Palm Stearin Market Revenues & Volume, By Food & Beverage, 2018 - 2028F

6.2.3 India Palm Stearin Market Revenues & Volume, By Cosmetics & Personal Care, 2018 - 2028F

6.2.4 India Palm Stearin Market Revenues & Volume, By Agrochemicals, 2018 - 2028F

6.2.5 India Palm Stearin Market Revenues & Volume, By Energy & Biomass, 2018 - 2028F

7 India Palm Stearin Market Import-Export Trade Statistics

7.1 India Palm Stearin Market Export to Major Countries

7.2 India Palm Stearin Market Imports from Major Countries

8 India Palm Stearin Market Key Performance Indicators

9 India Palm Stearin Market - Opportunity Assessment

9.1 India Palm Stearin Market Opportunity Assessment, By Product Type, 2021 & 2028F

9.2 India Palm Stearin Market Opportunity Assessment, By Application, 2021 & 2028F

10 India Palm Stearin Market - Competitive Landscape

10.1 India Palm Stearin Market Revenue Share, By Companies, 2021

10.2 India Palm Stearin Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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