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India Edible Oils and Fats Market Research Report By Type (Oils, Fats), By Source (Plant, Animal) and By Application (Bakery & Confectionery, Convenience Foods, Sauces, Spreads and Dressings, HORECA) - Forecast to 2035


ID: MRFR/F-B & N/56585-HCR | 128 Pages | Author: Snehal Singh| July 2025

India Edible Oils and Fats Market Overview


India Edible Oils and Fats Market Size was estimated at 8.8 (USD Billion) in 2023. The India Edible Oils and Fats Industry is expected to grow from 9.5(USD Billion) in 2024 to 15.5 (USD Billion) by 2035. The India Edible Oils and Fats Market CAGR (growth rate) is expected to be around 4.551% during the forecast period (2025 - 2035)


India Edible Oils and Fats Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Key India Edible Oils and Fats Market Trends Highlighted


The Indian edible oils and fats market is witnessing significant trends driven by changing consumer preferences and health awareness. With a growing awareness regarding health issues, consumers are increasingly seeking oils that offer better nutritional profiles and health benefits. This shift in preference is leading to a rise in demand for oils such as olive oil, avocado oil, and fortified oils that are enriched with vitamins. Additionally, the popularity of healthy cooking options has encouraged the adoption of oils that are low in saturated fats and high in unsaturated fats, aligning with the government's efforts to promote healthier diets.


There are opportunities to be explored in the expansion of value-added products in the edible oils sector. With urbanization and increasing disposable incomes, more consumers are looking for convenience-focused products. Innovations in packaging, such as single-serve pouches and ready-to-use oil blends, cater to the busy lifestyles of urban dwellers. Furthermore, growing awareness of sustainability is pushing companies to adopt eco-friendly practices in sourcing and production, potentially capturing the attention of environmentally conscious consumers. Recent trends also indicate an increased focus on online retail channels, accelerated by the pandemic.


E-commerce platforms are becoming a significant avenue for consumers to purchase edible oils, allowing brands to reach a wider audience and adapt to changing buying behaviors. Moreover, amidst ongoing market fluctuations influenced by local supply chain issues, the emphasis on domestic production of oils is becoming more pronounced. The government's support for local farmers and initiatives encouraging the cultivation of oilseeds can stimulate growth and self-sufficiency in the sector.


India Edible Oils and Fats Market Drivers


Rising Health Consciousness Among Consumers


Indian consumers' awareness of health issues has grown significantly in recent years. Growing demand for healthier oils, such as sunflower and olive oils, which are thought to be good for the heart, reflects this trend. The Ministry of Health and Family Welfare reports that throughout the previous five years, the amount of these healthier edible oils eaten has increased by 25%. 


In order to address the increased prevalence of cardiovascular disorders in India, organizations like the Food Safety and Standards Authority of India have stressed the necessity of eating oils with a reduced saturated fat content. As consumers become pickier about the fats they include in their diets, this move towards healthier choices is anticipated to propel growth in the India Edible Oils and Fats Market Industry.


Government Initiatives Promoting Domestic Oil Production


The Indian government has been implementing various initiatives to boost domestic edible oil production through programs such as the National Mission on Edible Oils - Oil Palm (NMEO-OP). This program aims to reduce India's dependence on imports by 20% over the next decade. With India importing nearly 60% of its edible oil requirements, any increase in domestic production is crucial. 


Industry associations like the Solvent Extractors' Association of India are seeing supportive statistics that show an increase in area under oilseed cultivation by 15% in the last two years.This government support and investment in local oilseed production are projected to significantly benefit the India Edible Oils and Fats Industry as self-sufficiency becomes more achievable.


Growing Demand for Processed and Convenience Food Products


The rise of urbanization and busy lifestyles in India has led to an increase in the demand for processed and convenience food products. This trend has prompted food manufacturers to utilize higher quantities of edible oils for cooking and processing. According to the Food Processing Industry Study, the sector is expected to grow at a rate of 16% annually, which translates to increased usage of edible oils. 


This surge in the processed food market directly influences the India Edible Oils and Fats Market Industry.Major food brands are collaborating with producers of edible oils to ensure a steady supply of quality oils, thus propelling market growth.


India Edible Oils and Fats Market Segment Insights


Edible Oils and Fats Market Type Insights


The India Edible Oils and Fats Market showcases a diverse segmentation based on Type, primarily categorized into Oils and Fats, both of which play a critical role in the culinary practices of the nation. Oils, comprising a wide array of products, are extensively utilized in cooking, frying, and food preparation, holding significant importance in Indian households where different cuisines demand specific types of oils for authentic flavor and nutritional value. The diverse climatic conditions and agricultural landscapes of India contribute to the availability of various oilseeds, making oils not just a dietary necessity but also a cultural staple across different regions.


This segment is characterized by a growing trend towards healthier options, leading to increased consumption of oils like olive and mustard oil, which are perceived as healthier alternatives. On the other hand, the Fats segment emphasizes products that are widely used in the baking and food processing industries. Fats provide texture, structure, and flavor enhancements in a variety of food products. The rising popularity of convenience foods and the bakery industry in India has propelled the demand for fats, contributing to the segment's significance within the Edible Oils and Fats Market.


Both segments are witnessing shifts toward fortified and functional oils and fats that cater to the health-conscious consumer, meeting the demand for nutrition-dense products and addressing various dietary needs. As the Indian food processing and retail sectors expand, driven by urbanization and changing consumer lifestyles, the segmentation of Oils and Fats within the India Edible Oils and Fats Market is evolving, presenting opportunities for market players to innovate and introduce products that align with contemporary health trends and preferences.The intricate balance between traditional practices and modern dietary needs continues to shape the dynamics within both segments, fostering growth while responding to consumer demand for quality, variety, and health benefits.


India Edible Oils Fats Market Segment


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Edible Oils and Fats Market Source Insights


The India Edible Oils and Fats Market is significantly influenced by its Source segment, which comprises both Plant and Animal-based oils. The Plant-based oils dominate the market, driven by rising health consciousness and shifting consumer preferences towards healthier dietary fats. These oils, often derived from sources like sunflower, soybean, and palm, are increasingly favored for their nutritional benefits and versatility in cooking. Animal-based fats, though holding a smaller market share, play a crucial role in traditional cuisines and are valued for their unique flavors and functional properties in culinary applications.


Growing urbanization and changes in dietary patterns are expected to further propel the demand for both Plant and Animal sources in the Edible Oils and Fats Market, highlighting the diverse consumer needs. The market exhibits a trend toward fortification and enhanced processing techniques, which cater to increasing health awareness among consumers. Additionally, challenges such as sustainability concerns and fluctuating raw material prices may impact the sourcing dynamics in the sector, offering a unique opportunity for innovation. Overall, the Source segmentation in the India Edible Oils and Fats Market remains a vital component of the broader industry landscape, characterized by evolving consumer preferences and market dynamics.


Edible Oils and Fats Market Application Insights


The Application segment of the India Edible Oils and Fats Market showcases diverse avenues like Bakery and Confectionery, Convenience Foods, Sauces, Spreads and Dressings, and HORECA, each playing a pivotal role in driving the market's growth. The Bakery and Confectionery applications remain significant due to the rising demand for baked goods and diverse confectionery items across urban and rural areas. Convenience Foods are also gaining traction, reflecting a shift in consumer preferences towards ready-to-eat and easy-to-prepare meals, which are highly favored in fast-paced lifestyles.Moreover, the demand for Sauces, Spreads and Dressings is increasing, highlighting a trend towards enhancing flavor and culinary experiences in Indian households. 


The HORECA segment, which includes hotels, restaurants, and cafes, is essential as it fuels the market with large volume requirements for various cooking applications. This segment benefits from the evolving dining culture in India, driven by urbanization and changing consumer tastes, indicating further growth opportunities. Overall, the Application segment in the India Edible Oils and Fats Market portrays robust dynamics underpinned by changing food habits and lifestyle choices among consumers.


India Edible Oils and Fats Market Key Players and Competitive Insights


The India Edible Oils and Fats Market is witnessing significant competitive dynamics shaped by factors such as changing consumer preferences, health consciousness, and increasing demand for diverse edible oil products. As this market evolves, it presents opportunities for various players to establish their presence and capture market share through innovation, strategic partnerships, and marketing initiatives. The interplay between local and international brands adds further complexity to the competitive landscape. 


Government policies and import regulations also influence the market structure, as they can affect pricing and supply chain logistics. Overall, the competition is driven by quality, brand reputation, and the ability to meet consumer expectations, positioning companies to adapt swiftly to the market's ever-changing demands.KRBL has established a substantial presence within the India Edible Oils and Fats Market, leveraging its expertise and market knowledge. Known primarily for its high-quality rice products, KRBL has diversified its offerings to include edible oils, thus capitalizing on the growing consumer base interested in both health and culinary aspects. 


The company focuses on quality assurance, ensuring its products meet stringent safety and health standards, which significantly enhances its brand equity among consumers. Additionally, KRBL’s robust distribution network allows for widespread accessibility of its products throughout the country. Its strong marketing strategy, which promotes health benefits associated with its oils, further establishes its market positioning, enabling it to compete effectively with both established domestic and international brands in India.Adani Wilmar has carved out a notable niche in the India Edible Oils and Fats Market, becoming synonymous with quality and variety in cooking oils. 


The company's extensive range includes popular brands that cater to various culinary needs, such as soybean oil, sunflower oil, and rice bran oil, among others. Adani Wilmar's strategic investments in production facilities and its strong supply chain logistics play a crucial role in maintaining a consistent product supply to the market. This has facilitated their emergence as a leading player within the sector. Strengthened by innovative marketing campaigns and consumer-focused promotions, Adani Wilmar has successfully built a loyal customer base. 


The company also engages in various mergers and acquisitions to expand its portfolio and market reach, thereby enhancing its competitive edge in the India Edible Oils and Fats Market. Its focus on sustainability and responsible sourcing practices also positions Adani Wilmar favorably among increasingly eco-conscious consumers.


Key Companies in the India Edible Oils and Fats Market Include



  • KRBL

  • Adani Wilmar

  • Bajaj Consumer Care

  • Sundrop

  • Cargill India

  • Emami Agrotech

  • Godrej Agrovet

  • Agro Tech Foods

  • Marico

  • Ruchi Soya Industries

  • TVS Srichakra

  • Patanjali Ayurved

  • Allana Group

  • Dabur India


India Edible Oils and Fats Market Industry Developments


The India Edible Oils and Fats Market has recently experienced significant developments, particularly with fluctuating prices and changing regulations. In October 2023, the Government of India announced a reduction in import duties on palm oil to curb rising domestic prices, directly affecting major players like Adani Wilmar and Cargill India. The market is also witnessing increased investments in sustainable practices among companies such as Emami Agrotech and Godrej Agrovet to enhance production efficiency and address environmental concerns. In terms of mergers and acquisitions, Bajaj Consumer Care is reportedly exploring strategic collaborations to expand its market share. 


Over the past two years, Ruchi Soya Industries has seen considerable growth due to its focus on health-oriented products, particularly amid the rising consumer demand for healthier cooking oils. Furthermore, Marico has introduced innovative packaging solutions that align with consumer preferences, showcasing responsiveness to market trends. The competitive landscape is intensifying as companies like Patanjali Ayurved and Allana Group consistently innovate to capture market segments targeting health-conscious consumers. These trends indicate a dynamic landscape influenced by government policies and evolving consumer preferences.


India Edible Oils and Fats Market Segmentation Insights




  • Edible Oils and Fats Market Type Outlook




    • Oils




    • Fats






  • Edible Oils and Fats Market Source Outlook




    • Plant




    • Animal






  • Edible Oils and Fats Market Application Outlook




    • Bakery & Confectionery




    • Convenience Foods




    • Sauces




    • Spreads and Dressings




    • HORECA





 
Report Attribute/Metric Source: Details
MARKET SIZE 2023 8.8(USD Billion)
MARKET SIZE 2024 9.5(USD Billion)
MARKET SIZE 2035 15.5(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.551% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED KRBL, Adani Wilmar, Bajaj Consumer Care, Sundrop, Cargill India, Emami Agrotech, Godrej Agrovet, Agro Tech Foods, Marico, Ruchi Soya Industries, TVS Srichakra, Patanjali Ayurved, Allana Group, Dabur India
SEGMENTS COVERED Type, Source, Application
KEY MARKET OPPORTUNITIES Rising health-conscious consumer base, Increasing demand for sustainable oils, Growth in online grocery sales, Expansion of organic product offerings, Innovations in packaging and distribution
KEY MARKET DYNAMICS rising health consciousness, increasing urbanization, fluctuating crude oil prices, preference for sustainable sourcing, government regulations and policies
COUNTRIES COVERED India


Frequently Asked Questions (FAQ) :

The projected market size of the India Edible Oils and Fats Market in 2024 is valued at 9.5 USD billion.

The expected CAGR for the India Edible Oils and Fats Market from 2025 to 2035 is 4.551%.

The market value of the India Edible Oils and Fats Market is expected to reach 15.5 USD billion by 2035.

The Oils segment is anticipated to be dominant, expected to reach a value of 9.5 USD billion by 2035.

The anticipated market size for the Fats segment in 2024 is valued at 3.5 USD billion.

Key players in the market include KRBL, Adani Wilmar, Bajaj Consumer Care, and Cargill India.

The projected market value for the Oils segment in 2035 is expected to be 9.5 USD billion.

Emerging trends include increased health consciousness and demand for sustainable sourcing of oils.

The market performance varies across regions, driven by local consumption patterns and preferences.

Challenges include fluctuating raw material prices and regulatory hurdles affecting market stability.

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