| Product Code: ETC7551110 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of plant-based oils in 2024 saw significant growth, with top exporting countries including Bangladesh, China, Nigeria, Metropolitan France, and Ghana. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a modest compound annual growth rate (CAGR) of 0.12% from 2020 to 2024. The notable growth rate of 78.73% from 2023 to 2024 suggests a dynamic market landscape and potential opportunities for further expansion in the plant-based oils sector in India.

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 Plant-Based Oils Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Plant-Based Oils Market Revenues & Volume, 2021 & 2031F |
3.3 India Plant-Based Oils Market - Industry Life Cycle |
3.4 India Plant-Based Oils Market - Porter's Five Forces |
3.5 India Plant-Based Oils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Plant-Based Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Plant-Based Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of plant-based oils |
4.2.2 Growing trend towards vegan and vegetarian diets |
4.2.3 Rising demand for natural and organic food products |
4.2.4 Government initiatives promoting the use of plant-based oils in the food industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from traditional cooking oils like palm oil and coconut oil |
4.3.3 Lack of awareness about the different types and uses of plant-based oils |
4.3.4 Regulatory challenges in terms of labeling and quality standards |
5 India Plant-Based Oils Market Trends |
6 India Plant-Based Oils Market, By Types |
6.1 India Plant-Based Oils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Plant-Based Oils Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Plant-Based Oils Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 India Plant-Based Oils Market Revenues & Volume, By Palm Oil, 2021- 2031F |
6.1.5 India Plant-Based Oils Market Revenues & Volume, By Cottonseed Oil, 2021- 2031F |
6.1.6 India Plant-Based Oils Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.1.7 India Plant-Based Oils Market Revenues & Volume, By Rapeseed Oil, 2021- 2031F |
6.1.8 India Plant-Based Oils Market Revenues & Volume, By Coconut Oil, 2021- 2031F |
6.2 India Plant-Based Oils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Plant-Based Oils Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.3 India Plant-Based Oils Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.4 India Plant-Based Oils Market Revenues & Volume, By Biofuel, 2021- 2031F |
6.2.5 India Plant-Based Oils Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 India Plant-Based Oils Market Revenues & Volume, By Others, 2021- 2031F |
7 India Plant-Based Oils Market Import-Export Trade Statistics |
7.1 India Plant-Based Oils Market Export to Major Countries |
7.2 India Plant-Based Oils Market Imports from Major Countries |
8 India Plant-Based Oils Market Key Performance Indicators |
8.1 Adoption rate of plant-based oils in households and restaurants |
8.2 Number of new product launches featuring plant-based oils |
8.3 Growth in the number of plant-based oil manufacturers |
8.4 Consumer satisfaction levels with plant-based oil products |
8.5 Increase in the number of plant-based oil retail outlets |
9 India Plant-Based Oils Market - Opportunity Assessment |
9.1 India Plant-Based Oils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Plant-Based Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Plant-Based Oils Market - Competitive Landscape |
10.1 India Plant-Based Oils Market Revenue Share, By Companies, 2024 |
10.2 India Plant-Based Oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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