India Edible Oil Market | Growth, Trends and Forecast 2019-2025

Market Reports on India Provides the Trending Market Research Report on “India Edible Oil Market 2019-2025” under Food category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

MARKET OUTLOOK

Our Market Research speculates the India Edible Oil Market to witness a CAGR of 8.75% by revenue and 9.88% by volume during the forecast years of 2019-2025.

Edible oils are a basic necessity in household cooking in India. One of the reasons promoting the growth of edible oils is the fact that the consumption of edible oils varies across the different regions of the country, due to taste preferences. The rapid population growth has also raised the demand for edible oil. Modern grocery retailers, such as hypermarkets and supermarkets, are expected to increase their share of sales in store-based retailing for edible oils with offers on bulk purchases and discounts on average unit prices. In-store promotions will continue to attract many price-conscious consumers to utilize such opportunities and further promote the growth in sales of edible oils. However, factors that affect the supply of raw materials restrain the growth of the edible oil market.

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COMPETITIVE OUTLOOK

The prominent companies in the India edible oil market are Cargill India Pvt. Ltd., Marico Ltd., Emami Ltd., Adani Group and Ruchi Soya Industries Ltd.

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