With production value of USD30.7 billion, India accounts for 8.1% of the Asia Pacific total in 2023. The industry’s exports share decreases in 2023 to 22.4% of total production output. The industry’s profitability decreases and stands at 6.8% of production value in 2023, the 13th highest regionally. The costs of the industry increase by 2.4% in 2023, largely driven by rising B2B costs. The total number of companies increases in 2023, to 2,413,611 units. The industry is fragmented, with the top five companies generating 23.8% of total production value in 2023. Adani Wilmar Ltd is the largest company in India, generating 10.3% of the industry’s total production value in 2023. India has the second largest market size for vegetable and animal oils and fats regionally, with demand reaching USD42.2 billion in 2023. Households drive market demand, with household spending representing 65.6% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 47.9% of total market size in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Vegetable and Animal Oils and Fats in India: ISIC 1514. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Vegetable and Animal Oils and Fats in India: ISIC 1514 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!