India Palm Oil Market Report by Packaging Type (Pouches, Jars, Cans, Bottles), Packaging Material (Metal, Plastic, Paper, and Others), Pack Size (Less than 1 Litres, 1 Litres, 1 Litres - 5 Litres, 5 Litres - 10 Litres, 10 Litres and Above), Domestic Manufacturing/Imports (Domestic Manufacturing, Imports), Application (Household Cooking, HoReCa, Food Processing Industry, Oleo Chemicals, Personal Care Products, Animal Feed, Biofuels, and Others), Distribution Channel (Direct/Institutional Sales, Supermarkets and Hypermarkets, Convenience Stores, Online, and Others), and Region 2024-2032

India Palm Oil Market Report by Packaging Type (Pouches, Jars, Cans, Bottles), Packaging Material (Metal, Plastic, Paper, and Others), Pack Size (Less than 1 Litres, 1 Litres, 1 Litres - 5 Litres, 5 Litres - 10 Litres, 10 Litres and Above), Domestic Manufacturing/Imports (Domestic Manufacturing, Imports), Application (Household Cooking, HoReCa, Food Processing Industry, Oleo Chemicals, Personal Care Products, Animal Feed, Biofuels, and Others), Distribution Channel (Direct/Institutional Sales, Supermarkets and Hypermarkets, Convenience Stores, Online, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2405
Buy Now

Market Overview:

The India palm oil market size is expected to exhibit a growth rate (CAGR) of 5.3% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate 2024-2032 5.3%


Palm oil refers to an edible vegetable oil that is naturally extracted from the mesocarp of palm fruits. Palm oil currently represents the most consumed edible oil in India followed by soybean oil and mustard oil. India’s demand of palm oil, however, is currently met by imports mainly from Malaysia and Indonesia with domestic production being limited. The market for palm oil in India is currently driven by factors such as its lower cost, rising urbanization rates, increasing disposable income levels, rising demand from the food services industry and its increasing applications in the non-food sector.

India’s huge population coupled with increasing levels of urbanization and elevating consumer living standards have created a positive impact on the demand of palm oil. Additionally, the rising application of palm oil in processed food items such as bakery products, and confectioneries, is also catalyzing the product demand. India’s fast-growing food service sector which includes hotels, cafes, restaurants, etc. also represents a major driver of the palm oil market in India. Additionally, the rising demand of palm oil in various non-food applications such as surfactants, personal care products, cosmetics, agrochemicals, biofuels, etc. is also driving its demand.

The outbreak of the COVID-19 pandemic, in early 2020, however, has negatively impacted the market for palm oil in India. The national lockdown led to several supply chain disruptions, restricted import activities with palm oil producing nations, and resulted in a temporary shutdown of palm oil processing units. Additionally, the nationwide lockdown also led to a temporary closure of hotels, restaurants, canteens, and public food joints in the country, creating a negative impact on the demand of palm oil.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India palm oil market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on packaging type, packaging material, pack size, domestic manufacturing/imports, application and distribution channel.

Breakup by Packaging Type:

  • Pouches
  • Jars
  • Cans
  • Bottles
     

Breakup by Packaging Material:

  • Metal
  • Plastic
  • Paper
  • Others
     

Breakup by Pack Size:

  • Less than 1 Litres
  • 1 Litres
  • 1 Litres - 5 Litres
  • 5 Litres - 10 Litres
  • 10 Litres and Above
     

Breakup by Domestic Manufacturing/Imports:

  • Domestic Manufacturing
  • Imports
     

Breakup by Application:

  • Household Cooking
  • HoReCa
  • Food Processing Industry
  • Oleo Chemicals
  • Personal Care Products
  • Animal Feed
  • Biofuels
  • Others
     

Breakup by Distribution Channel:

  • Direct/Institutional Sales
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
     

Breakup by Region:

  • North India
  • West and Central India
  • East India
  • South India

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being 3F Industries Ltd., COFCO International, Edible Group, Godrej Agrovet Limited (Godrej Industries Limited), Gokul Refoils & Solvent Ltd., KS Oils Limited, Oil Palm India Ltd. and Patanjali Foods Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Packaging Type, Packaging Material, Pack Size, Domestic Manufacturing/Imports, Application, Distribution Channel, Region
Region Covered North India, West and Central India, East India, South India
Companies Covered 3F Industries Ltd., COFCO International, Edible Group, Godrej Agrovet Limited (Godrej Industries Limited), Gokul Refoils & Solvent Ltd., KS Oils Limited, Oil Palm India Ltd. and Patanjali Foods Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

We expect the India palm oil market to exhibit a CAGR of 5.3% during 2024-2032.

The growing consumer awareness towards the numerous benefits of palm oil, such as preventing premature aging, boosting immune system, reducing the risk of cardiovascular diseases, etc., is primarily driving the India palm oil market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of palm oil across the nation.

Based on the packaging type, the India palm oil market has been bifurcated into pouches, jars, cans, and bottles. Currently, bottles hold the majority of the total market share.

Based on the packaging material, the India palm oil market can be segmented into metal, plastic, paper, and others. Among these, plastic exhibits a clear dominance in the market.

Based on the pack size, the India palm oil market has been divided into less than 1 liters, 1 liters, 1 litres-5 liters, 5 litres-10 liters, and 10 liters and above. Currently, 1 liters accounts for the largest market share.

Based on the domestic manufacturing/imports, the India palm oil market can be segregated into domestic manufacturing and imports, where imports hold the majority of the total market share.

Based on the application, the India palm oil market has been categorized into household cooking, HoReCa, food processing industry, oleo chemicals, personal care products, animal feed, biofuels, and others. Among these, the food processing industry currently exhibits a clear dominance in the market.

Based on the distribution channel, the India palm oil market can be bifurcated into direct/institutional sales, supermarkets and hypermarkets, convenience stores, online, and others. Currently, direct/institutional sales account for the largest market share.

On a regional level, the market has been classified into North India, West and Central India, East India, and South India, where South India currently dominates the India palm oil market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
India Palm Oil Market Report by Packaging Type (Pouches, Jars, Cans, Bottles), Packaging Material (Metal, Plastic, Paper, and Others), Pack Size (Less than 1 Litres, 1 Litres, 1 Litres - 5 Litres, 5 Litres - 10 Litres, 10 Litres and Above), Domestic Manufacturing/Imports (Domestic Manufacturing, Imports), Application (Household Cooking, HoReCa, Food Processing Industry, Oleo Chemicals, Personal Care Products, Animal Feed, Biofuels, and Others), Distribution Channel (Direct/Institutional Sales, Supermarkets and Hypermarkets, Convenience Stores, Online, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More