| Product Code: ETC020564 | Publication Date: Jun 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India`s vegetable oils import market in 2024 continued to see significant contributions from top exporters such as Argentina, Russia, Ukraine, Brazil, and Nepal. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at high levels, indicating a competitive landscape. With a compound annual growth rate (CAGR) of 11.29% from 2020 to 2024, the sector displayed robust expansion. Furthermore, the growth rate from 2023 to 2024 was recorded at 5.31%, demonstrating ongoing momentum in the importation of vegetable oils into India.
India is the world`s third-largest importer of vegetable oils in 2025 with an estimated 8.6 million metric ton, comprising of edible and non-edible oil varieties such as palm oil, soybean oil, sunflower seed oil and rapeseed/mustard seed oil. The Indian edible oils market has grown at a CAGR of 6.1% between 2015 to 2025 and is expected to grow further due to the rising population & income levels which are driving up demand for healthier cooking options like vegetable oils in India.
? Government Initiatives - The Government of India has also taken measures to encourage domestic production through subsidies on crop cultivation thus helping create opportunities for local manufacturers who can supply low cost products into the market place which will help keep prices down while stimulating growth potential.
? Growing Population & Increasing Income Levels ? With increasing disposable incomes coupled with a growing population, India?s consumption patterns have shifted towards convenience foods that require more use of vegetable oils during processing or preparation. This trend is also seen in urban households who are replacing traditional cooking methods such as ghee (clarified butter) by healthier cooking options like plant based alternatives like vegetable oils.
? Availability Of Low Cost Alternatives? Palm Oil is one of the most widely used cooking mediums globally due its low cost compared other types of edible fruits & vegetables available in the marketplace giving it an edge over other competitors especially if price plays an important role when it comes to consumer decisions making process. However Palm Oil has been viewed negatively due its high saturated fat content so this might be a challenge for industry players looking enter into this segment as they need offer healthy alternatives without compromising on taste or nutrition values which could potentially lead higher costs associated with production processes .
? Environmental Concerns - As majority manufacturing facilities involved extraction processes release pollutants air water sources there environmental concerns being raised regarding sustainability these practices long term effects ecosystem surrounding these areas particular related greenhouse gas emissions from burning fuels generate energy required complete tasks within their respective plants . In response government implementing stringent regulations aimed controlling emissions often large fines imposed companies found not comply laws governing same . Thus presents additional financial burden businesses already operating narrow profit margins under competitive conditions prevailing currently sector dissuade entry new entrants into field altogether hindering growth prospects entire segment going forward future dates .
? Preference For Organic Oils ? Consumers are now increasingly preferring organic
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 Vegetable oils Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vegetable oils Market Revenues & Volume, 2021 & 2031F |
3.3 India Vegetable oils Market - Industry Life Cycle |
3.4 India Vegetable oils Market - Porter's Five Forces |
3.5 India Vegetable oils Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 India Vegetable oils Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Vegetable oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for convenience foods that use vegetable oils. |
4.2.2 Growing health consciousness among consumers promoting the consumption of vegetable oils over animal fats. |
4.2.3 Rising disposable incomes and changing lifestyles driving the demand for packaged and processed foods that use vegetable oils. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the cost of production and pricing of vegetable oils. |
4.3.2 Competition from other cooking oils like palm oil, sunflower oil, and soybean oil affecting market share. |
4.3.3 Regulatory restrictions and quality standards posing challenges for market entry and product approval. |
5 India Vegetable oils Market Trends |
6 India Vegetable oils Market, By Types |
6.1 India Vegetable oils Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Vegetable oils Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 India Vegetable oils Market Revenues & Volume, By Palm Oil, 2021-2031F |
6.1.4 India Vegetable oils Market Revenues & Volume, By Soybean Oil, 2021-2031F |
6.1.5 India Vegetable oils Market Revenues & Volume, By Rapeseed Oil, 2021-2031F |
6.1.6 India Vegetable oils Market Revenues & Volume, By Sunflower Oil, 2021-2031F |
6.1.7 India Vegetable oils Market Revenues & Volume, By Olive Oil, 2021-2031F |
6.1.8 India Vegetable oils Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Vegetable oils Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Vegetable oils Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 India Vegetable oils Market Revenues & Volume, By Feed, 2021-2031F |
6.2.4 India Vegetable oils Market Revenues & Volume, By Industrial, 2021-2031F |
7 India Vegetable oils Market Import-Export Trade Statistics |
7.1 India Vegetable oils Market Export to Major Countries |
7.2 India Vegetable oils Market Imports from Major Countries |
8 India Vegetable oils Market Key Performance Indicators |
8.1 Consumer awareness and preference for healthier cooking oils. |
8.2 Adoption rate of vegetable oils in various food applications. |
8.3 Investment in research and development for product innovation in the vegetable oils market. |
9 India Vegetable oils Market - Opportunity Assessment |
9.1 India Vegetable oils Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 India Vegetable oils Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Vegetable oils Market - Competitive Landscape |
10.1 India Vegetable oils Market Revenue Share, By Companies, 2024 |
10.2 India Vegetable oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |