| Product Code: ETC7556283 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India vegetable shortening import market saw significant growth in 2024, with key exporting countries such as Sri Lanka, Indonesia, and Malaysia leading the way. The market concentration, as measured by HHI, increased from high to very high in 2024, indicating a more consolidated market landscape. The impressive CAGR of 9.69% from 2020 to 2024 highlights the steady expansion of the market, while the remarkable growth rate of 73.64% from 2023 to 2024 suggests a surge in demand for vegetable shortening in India. These trends indicate a thriving market with promising opportunities for both exporters and importers.
| 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 Shortening Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Vegetable Shortening Market Revenues & Volume, 2021 & 2031F | 
| 3.3 India Vegetable Shortening Market - Industry Life Cycle | 
| 3.4 India Vegetable Shortening Market - Porter's Five Forces | 
| 3.5 India Vegetable Shortening Market Revenues & Volume Share, By Form, 2021 & 2031F | 
| 3.6 India Vegetable Shortening Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 India Vegetable Shortening Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing consumer awareness about health benefits of vegetable shortening as compared to traditional fats like butter or lard. | 
| 4.2.2 Growth in the food processing industry in India, leading to higher demand for vegetable shortening as an ingredient. | 
| 4.2.3 Rising disposable income levels and changing consumer preferences towards convenience foods and baked goods. | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuations in prices of raw materials such as soybean oil or palm oil, which are key ingredients in vegetable shortening. | 
| 4.3.2 Competition from substitutes like margarine or butter spreads which offer similar functionality. | 
| 4.3.3 Regulatory challenges and changing food safety standards impacting the production and marketing of vegetable shortening. | 
| 5 India Vegetable Shortening Market Trends | 
| 6 India Vegetable Shortening Market, By Types | 
| 6.1 India Vegetable Shortening Market, By Form | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Vegetable Shortening Market Revenues & Volume, By Form, 2021- 2031F | 
| 6.1.3 India Vegetable Shortening Market Revenues & Volume, By Dry, 2021- 2031F | 
| 6.1.4 India Vegetable Shortening Market Revenues & Volume, By Liquid, 2021- 2031F | 
| 6.2 India Vegetable Shortening Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Vegetable Shortening Market Revenues & Volume, By Bakery and Confectionery, 2021- 2031F | 
| 6.2.3 India Vegetable Shortening Market Revenues & Volume, By Sweet and Savory Snacks, 2021- 2031F | 
| 6.2.4 India Vegetable Shortening Market Revenues & Volume, By Others, 2021- 2031F | 
| 7 India Vegetable Shortening Market Import-Export Trade Statistics | 
| 7.1 India Vegetable Shortening Market Export to Major Countries | 
| 7.2 India Vegetable Shortening Market Imports from Major Countries | 
| 8 India Vegetable Shortening Market Key Performance Indicators | 
| 8.1 Consumer adoption rate of vegetable shortening in home cooking and baking. | 
| 8.2 Number of new product launches in the vegetable shortening segment by key manufacturers. | 
| 8.3 Growth in the number of food processing units using vegetable shortening as an ingredient in their products. | 
| 9 India Vegetable Shortening Market - Opportunity Assessment | 
| 9.1 India Vegetable Shortening Market Opportunity Assessment, By Form, 2021 & 2031F | 
| 9.2 India Vegetable Shortening Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 India Vegetable Shortening Market - Competitive Landscape | 
| 10.1 India Vegetable Shortening Market Revenue Share, By Companies, 2024 | 
| 10.2 India Vegetable Shortening Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |