India Edible Cottonseed Oil, Soybean Oil & Corn Oil Market Outlook, 2027-28

India Edible Cottonseed Oil, Soybean Oil & Corn Oil Market is estimated at INR 5,19,905 Crore in the year 2027. This report consist industry trends.

Featured Companies

  • 1. Cargill India Private Limited
  • 2. Patanjali Ayurved Limited
  • 3. Bunge India Private Limited
  • 4. Gulab Oil And Foods Pvt. Ltd.
  • 5. Vimal Oil & Foods Ltd
  • More...

While cottonseed oil is one of the primarily used oil, corn oil and soybean oil can be termed as comparatively newer oil. Cotton is an important cash crop in India, being a major raw material for the textile industry, have made its robust position in the Indian edible oil industry with its light colors and a non-oily consistency, suitable for all Indian cuisines. Extracted from the seeds of the soybean plant, with a mild neutral taste, the oil fits nearly all recipes and thus is gaining much popularity among consumers. Delicious in any form consumed, just like corn, the corn oil obtained from the corn germ is an excellent choice for frying with resistance to smoking or discoloration. The specifics of these oils are the availability at a considerate price range loaded with health benefits, without altering the taste of the food.

As a conclusion of the report published by Bonafide Research named 'India Edible Cottonseed Oil, Soybean Oil & Corn Oil Market Outlook, 2027-28', the total edible oil market is estimated at INR 5,19,905 Crore in the year 2027, out of which the three oil is expected to grow to a market of more than INR 1,50,000 Crore by the end of the forecasted period. In terms of production, cottonseed oilseed is expected to have very minimal growth and thus range to the production of slightly more than 0.05 million Tonnes by the end of the forecasted period. Against this market, the soybean oilseed is to show a profitable increase, crossing 1 million Tonnes of production.

Commenting on India's soybean oil consumption pattern, it can be said that, Indians may continue to prefer lower-priced palm oil over soybean oil because of price competitiveness. The cottonseed despite being majorly cultivated in the western region, the major use of cotton is restricted to the textile industry and much lesser concentration given to the oil production which therefore underutilized with the current recovery of oil alone, being only about two-thirds of its potential. Still, cottonseed oil has become an important source of edible oil and is now the third-largest contributor to the domestic edible oil supply. In context to the well-known fact that the Indian consumers are price sensitive, the corn oil should have been much popular, as it is generally less expensive than most other types of vegetable oils. Given the availability of a variety of oilseed crops for edible purposes, in India, corn oil is not very popular for domestic uses, as it does not constitute a part of conventional food recipe in the country. This is the principal reason for less popularity of corn oil for the cooking purpose, holding less than 60% of the market share. Nevertheless, the oil has much popular in industrial applications in soap, rustproofing for metal surfaces, inks, textiles, nitro-glycerine, and insecticides.

The market of these three oils is dominated by the organized market, both in terms of value and volume. While soybean oil and cottonseed oil have a contribution of more than 80% from the organized markets, corn oil has a contribution of less than 75% in the year 2021. It can be excepted that the market will show an increasing trend in general, with the consumers being more aware of the adulteration and the need of consuming a better-quality product.

Major companies present in the market:
Adani Wilmar Limited, Bunge Foods Pvt Ltd (Dalda & Gagan), Cargill India PVT LTD, N.K Proteins (Tirupati), Gulab Oil And Foods Pvt. Ltd., Vimal Oil & Foods Ltd, Patanjali Ayurved Limited,

Considered in the report
• Geography: India
• Base year: 2021-22
• Historical year: 2016-17
• Estimated year: 2022-23
• Forecasted year: 2027-28

Aspects covered in the report
• India Oil Market
• India Edible Oil Market
• India Packaged Edible Oil Market
• India Soybean Oil Market Outlook
• India Cottonseed Oil Market Outlook
• India Corn Oil Market Outlook
• Price Product and Variant Analysis
• Market Trends & Developments
• India Economic Profile
• Porters Five Force Model
• Company Profile of Top Players

Segments covered in the market
• By Market Type
• By Packaging Type
• By Packaging Size
• By Region
• By End User
• By Application
• By Sales Channel

The approach of the report:
We keep an eye on evolving markets and try to evaluate the potentials in the product and services. If we found the market interesting, we start working on it and create the desired table of content considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personals, company owners, dealers, distributors & end-users. Once the questionnaires have been finalized we start collecting the primary data (majorly through phone calls) and try to understand the market dynamics with regional/tier wise. This process gives us in-depth detail of the market including all present companies, the top-performing product with reasons why they dominate; we get the details of new players and their innovative approach and market trends, dynamics, and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. By this, we get a rough estimate of the market and start checking existing product price variant, trade, production, raw material scenario, policies and regulatory landscape, etc. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm which is unique for each product but giving more weightage to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together cross-check the segmentations, validates the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in strategic recommendations’ for new as well as the existing players. The QC team then checks the overall report which includes spell check, data verification and makes the same dispatch ready and error-free.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the frozen food industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Please get in touch with our sales team to find out more.

Keywords: Edible Oil, Cottonseed Oil, Soybean Oil, Corn Oil, Adani Wilmar Limited, Bunge Foods Pvt Ltd (Dalda & Gagan), Cargill India PVT LTD, N.K Proteins (Tirupati), Gulab Oil and Foods Pvt. Ltd., Vimal Oil & Foods Ltd, Patanjali Ayurved Limited

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Companies Mentioned

  • Cargill India Private Limited
  • Patanjali Ayurved Limited
  • Bunge India Private Limited
  • Gulab Oil And Foods Pvt. Ltd.
  • Vimal Oil & Foods Ltd

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. India Macro Economic Indicators
  • 2.8. Demographics Insight
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. India Edible Oil Market Outlook
  • 4.1. Market Size
  • 4.1.1. By Value
  • 4.1.2. By Volume
  • 4.2. Market Share
  • 4.2.1. By Organized V/S Unorganized
  • 4.2.2. By Oil Type
  • 4.2.3. By Region
  • 4.2.4. By State
  • 5. India Packaged Edible Oil Market Outlook (Organized)
  • 5.1. Market Size
  • 5.1.1. By Value
  • 5.1.2. By Volume
  • 5.2. Market Share
  • 5.2.1. By Packaging Type
  • 5.2.2. By Region
  • 5.2.3. By Oil Type
  • 5.2.4. By Sales Channel
  • 5.2.5. By Company
  • 6. India Soybean Oil Market Outlook
  • 6.1. Market Size
  • 6.1.1. By Value
  • 6.1.2. By Volume
  • 6.2. Market Share
  • 6.2.1. By Market Type
  • 6.2.2. By Packaging Type
  • 6.2.3. By Packaging Size
  • 6.2.4. By Application
  • 6.2.5. By Sales Channel
  • 6.2.6. By Region
  • 7. India Cottonseed Oil Market Outlook
  • 7.1. Market Size
  • 7.1.1. By Value
  • 7.1.2. By Volume
  • 7.2. Market Share
  • 7.2.1. By Market Type
  • 7.2.2. By Packaging Type
  • 7.2.3. By Packaging Size
  • 7.2.4. By Application
  • 7.2.5. By Sales Channel
  • 7.2.6. By Region
  • 8. India Corn Oil Market Outlook
  • 8.1. Market Size
  • 8.1.1. By Value
  • 8.1.2. By Volume
  • 8.2. Market Share
  • 8.2.1. By Market Type
  • 8.2.2. By Packaging Type
  • 8.2.3. By Packaging Size
  • 8.2.4. By Application
  • 8.2.5. By Sales Channel
  • 8.2.6. By Region
  • 9. Product Price & Variant Analysis
  • 9.1. Soybean
  • 9.2. Cottonseed Oil
  • 9.3. Corn Oil
  • 10. PEST Analysis
  • 11. Trade Dynamics
  • 11.1. Export
  • 11.2. Import
  • 12. Policy & Regulatory Framework
  • 13. Market Dynamics
  • 13.1. Drivers
  • 13.2. Challenges
  • 14. Market Trends & Developments
  • 15. Company Profile
  • 15.1. Adani Wilmar Limited
  • 15.1.1. Company Snapshot
  • 15.1.2. Company Overview
  • 15.1.3. Financial Highlights
  • 15.1.4. Geographic Insights
  • 15.1.5. Business Segment & Performance
  • 15.1.6. Product Portfolio
  • 15.1.7. Key Executives
  • 15.1.8. Strategic Moves & Developments
  • 15.2. Bunge Foods Pvt Ltd (Dalda & Gagan)
  • 15.3. Cargill India Pvt Ltd
  • 15.4. Gulab Oil and Foods Pvt. Ltd.
  • 15.5. Patanjali Ayurved Limited
  • 15.6. Vimal Oil & Foods Ltd
  • 16. Strategic Recommendation’s
  • 17. Disclaimer

List of Table
Table 1: India Economic Snapshot 2020
Table 2: India Tier-wise Classification of Cities
Table 3: India Region-wise Classification of Cities
Table 4: India Edible Oil Market Share By Value By Organized V/S Unorganized (2016-17, 2021-22 & 2027-28F)
Table 5: India Edible Oil Market Share By Value By Oil Type (2016-17, 2021-22 & 2027-28F)
Table 6: India Edible Oil Market Share By Value By Region (2016-17, 2021-22 & 2027-28F)
Table 7: India Edible Oil Market Share By Value By State (2016-17, 2021-22 & 2027-28F)
Table 8: India Packaged Edible Oil Market Share By Value By Packaging Type (2016-17, 2021-22 & 2027-28F)
Table 9: India Packaged Edible Oil Market Share By Value By Region (2016-17, 2021-22 & 2027-28F)
Table 10: India Packaged Edible Oil Market Share By Value By Oil Type (2016-17, 2021-22 & 2027-28F)
Table 11: India Packaged Edible Oil Market Share By Value By Sales Channel (2016-17, 2021-22 & 2027-28F)
Table 12: India Edible Oil Market Share By Company (2021)
Table 13: India Soybean Oil Market Share By Value By Market Type (2016-17, 2021-22 & 2027-28F)
Table 14: India Soybean Oil Market Share By Value By Packaging Type (2016-17, 2021-22 & 2027-28F)
Table 15: India Soybean Oil Market Share By Value By Packaging size (2016-17, 2021-22 & 2027-28F)
Table 16: India Soybean Oil Market Share By Value By Application (2016-17, 2021-22 & 2027-28F)
Table 17: India Soybean Oil Market Share By Value By Sales Channel (2016-17, 2021-22 & 2027-28F)
Table 18: India Soybean Oil Market Share By Value By Region (2016-17, 2021-22 & 2027-28F)
Table 19: India Cottonseed Oil Market Share By Value By Market Type (2016-17, 2021-22 & 2027-28F)
Table 20: India Cottonseed Oil Market Share By Value By Packaging Type (2016-17, 2021-22 & 2027-28F)
Table 21: India Cottonseed Oil Market Share By Value By Packaging size (2016-17, 2021-22 & 2027-28F)
Table 22: India Cottonseed Oil Market Share By Value By Application (2016-17, 2021-22 & 2027-28F)
Table 23: India Cottonseed Oil Market Share By Value By Sales Channel (2016-17, 2021-22 & 2027-28F)
Table 24: India Cottonseed Oil Market Share By Value By Region (2016-17, 2021-22 & 2027-28F)
Table 25: India Corn Oil Market Share By Value By Market Type (2016-17, 2021-22 & 2027-28F)
Table 26: India Corn Oil Market Share By Value By Packaging Type (2016-17, 2021-22 & 2027-28F)
Table 27: India Corn Oil Market Share By Value By Packaging size (2016-17, 2021-22 & 2027-28F)
Table 28: India Corn Oil Market Share By Value By Application (2016-17, 2021-22 & 2027-28F)
Table 29: India Corn Oil Market Share By Value By Sales Channel (2016-17, 2021-22 & 2027-28F)
Table 30: India Corn Oil Market Share By Value By Region (2016-17, 2021-22 & 2027-28F)
Table 31: HS Code for Cottonseed Oil, Corn Oil and Soybean Oil Products in India 2021
Table 32: Import Duty Structure for HS Code XXXX in India 2021
Table 33: Export of HS Code XXXX in India Value & Volume (2016-17 to 2021-22)
Table 34: Export of HS Code XXXX in India By Country By Value & Volume Share (2021-22)
Table 35: Import of HS Code XXXX in India Value & Volume (2016-17 to 2021-22)
Table 36: Import of HS Code XXXX in India - By Country By Value & Volume Share (2021-22)

List of Figure
Figure 1: India Population (2017-2021) (In Crore)
Figure 2: India Population Age Structure (EST. 2019)
Figure 3: India Urban VS Rural (Crore)
Figure 4: India Edible Oil Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 5: India Edible Oil Market Size By Volume (2016-17 to 2027-28F) (in Billion Litres)
Figure 6: India Packaged Edible Oil Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 7: India Packaged Edible Oil Market Size By Volume (2016-17 to 2027-28F) (in Billion Litres)
Figure 8: India Soybean Oil Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 9: India Soybean Oil Market Size By Volume (2016-17 to 2027-28F) (in Billion Litres)
Figure 10: India Cottonseed Oil Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 11: India Cottonseed Oil Market Size By Volume (2016-17 to 2027-28F) (in Billion Litres)
Figure 12: India Corn Oil Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 13: India Corn Oil Market Size By Volume (2016-17 to 2027-28F) (in Billion Litres)

Market Research FAQs

The edible Cottonseed Oil, Soybean Oil & Corn Oil is expected to grow more than INR 1,50,000 during the forecast period.

The expected production is 1 million tonnes during the forecast period.

Cottonseed oil is the largest contributor to the domestic edible oil supply.

The market share is less than 60% in applications for cooking purposes.

the key players in India's Edible Cottonseed Oil, Soybean Oil & Corn Oil Market are Adani Wilmar Limited, Bunge Foods Pvt Ltd (Dalda & Gagan), Cargill India PVT LTD, N.K Proteins (Tirupati), Gulab Oil and Foods Pvt. Ltd., Vimal Oil & Foods Ltd, Patanjali Ayurved Limited,
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India Edible Cottonseed Oil, Soybean Oil & Corn Oil Market Outlook, 2027-28

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