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Edible Oils - India

India
  • Revenue in the Edible Oils market amounts to US$36.62bn in 2025. The market is expected to grow annually by 4.25% (CAGR 2025-2030).
  • In global comparison, most revenue is generated India (US$37bn in 2025).
  • In relation to total population figures, per person revenues of US$25.02 are generated in 2025.
  • In the Edible Oils market, volume is expected to amount to 7.99bn kg by 2030. The Edible Oils market is expected to show a volume growth of 1.3% in 2026.
  • The average volume per person in the Edible Oils market is expected to amount to 5.18kg in 2025.

Definition:

The Edible Oils market covers any type of oil that is extracted from plants and nuts and is used for cooking and food preparation.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope
  • Olive oil
  • Sunflower oil
  • Other edible oils (e.g. palm, soybean, coconut oil, canola oil, rapeseed oil, sesame oil, soybean oil)
  • Cooking oil blends
Out-Of-Scope
  • Butter
  • Margarine
  • Animal fats (e.g. lard)
  • Out-of-home consumption

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Jan 2025

Source: Statista Market Insights

Most recent update: Jan 2025

Source: Statista Market Insights

Volume

Most recent update: Jan 2025

Source: Statista Market Insights

Most recent update: Jan 2025

Source: Statista Market Insights

Price

Most recent update: Jan 2025

Source: Statista Market Insights

Sales Channels

Most recent update: Feb 2025

Source: Statista Market Insights

Global Comparison

Most recent update: Jan 2025

Source: Statista Market Insights

Analyst Opinion

The Edible Oils Market in India is witnessing minimal growth, influenced by factors such as fluctuating prices, changing consumer preferences towards healthier options, and increasing competition from alternative fats and oils, which challenge traditional consumption patterns.

Customer preferences:
Consumer preferences in the Edible Oils Market in India are shifting towards healthier and more sustainable options, reflecting a growing awareness of nutritional benefits and environmental impact. A rise in urbanization and health-consciousness has led to increased demand for oils like olive, avocado, and coconut, which are perceived as healthier alternatives. Additionally, younger consumers are favoring cold-pressed and organic oils, influenced by social media and lifestyle changes that prioritize wellness. This trend is further bolstered by a cultural shift towards plant-based diets and holistic health practices.

Trends in the market:
In India, the Edible Oils Market is experiencing a notable shift towards premium and health-oriented products, with consumers increasingly opting for oils such as olive, avocado, and coconut due to their perceived nutritional benefits. There is a significant rise in demand for cold-pressed and organic oils, particularly among younger demographics influenced by health trends and social media. This trajectory reflects a broader cultural move towards plant-based diets and sustainable consumption. Industry stakeholders must adapt to these evolving preferences by diversifying their offerings and emphasizing transparency and quality in their products to capture this growing market segment.

Local special circumstances:
In India, the Edible Oils Market is shaped by a diverse agricultural landscape, with regional variations in oilseed production influencing consumer preferences. For instance, mustard oil remains popular in the North due to cultural cooking practices, while coconut oil is favored in the South for its traditional uses. Additionally, government regulations promoting the fortification of edible oils aim to enhance public health, further driving demand for specific oils. This local context creates a unique market dynamic, urging companies to tailor their offerings to regional tastes while ensuring compliance with food safety standards.

Underlying macroeconomic factors:
The Edible Oils Market in India is significantly influenced by macroeconomic factors such as fluctuating global oil prices, domestic agricultural productivity, and trade policies. Global economic trends, including demand shifts in key producing countries, directly impact the pricing and availability of edible oils, affecting consumer purchasing behavior. Additionally, India's national economic health, characterized by GDP growth and inflation rates, plays a crucial role in shaping disposable income and, consequently, spending patterns on food products. Fiscal policies aimed at supporting local oilseed production and improving supply chain efficiencies further enhance market stability, while consumer awareness regarding health and nutrition drives demand for fortified and diverse edible oil options.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

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