Soybean Oil Market Production, Import Edible Oil India

August 2017

India Edible Oil Market Outlook to FY’2022

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August 2017

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India Edible Oil Market Outlook to FY’2022

WHAT IS THE POTENTIAL OF THE INDIA EDIBLE OIL MARKET? India is the second most populous country in the world housing more than 15% population creating a huge consumer base.

Post liberalization and deregulation of license based market in 1991, has led to healthy growth in economy.

Many new foreign companies as well as domestic companies have expanded their business in the edible oil segment to cater the larger population in the country.

India consumes an estimated ~ million tons of oil in FY’2017 of which majority (~%) of the oil was imported. India consumes an estimated ~ million tons of oil in FY’2017 of which majority (~%) of the oil was imported. Palm oil is the most consumed oil in India but is almost entirely imported from Malaysia and Indonesia. Even though imports dominate the market production of edible oil domestically has declined over the years from ~ MMT in FY’2012 to ~ in FY’2017.

In India majority of the edible oil is imported, both refined and crude edible oil is imported which is then processed and packaged before being sold in the market. The change in taste and preference of the consumers because of the quest for low fat and low absorb oil has led several oil such as Soybean oil, sunflower oil and safflower oil to make an entry into the Indian kitchen. India edible oil market increased from ~ MMT in FY’2012 to ~ MMT in FY’2017 registering a five year CAGR of ~%. It is expected that future demand for edible oil will register a constant increase. The market will increase from ~ million metric tons in FY’2018 to ~ million metric tons in FY’2022. Entry of new players such as Mahindra, Cofco, Patanjali will further boost the market. Share players in the organized sector will increase as demand for packaged edible oil increases.

MMT

Figure: India Edible Oil Market Size by Sales Volume in million Metric Tons, FY’2012-FY’2017 30.00 25.00 20.00 15.00 10.00 5.00 0.00 FY'2012

FY'2013

FY'2014

FY'2015

FY'2016

FY'2017

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August 2017

India Edible Oil Market Outlook to FY’2022

INDIA PALM OIL MARKET MARKET SIZE Palm oil is the leading oil consumed in India with majority of it being imported.

The revenue generated from sale of palm oil in India was estimated at INR ~ billion in FY’2017 registering a decline due to fall in imports. Consumption in terms of volume was estimated at ~ million tons.

Domestic production of palm oil registered constant increase in demand registering a five year CAGR of ~% between FY’2012 to FY’2017. Andhra Pradesh was the leading state in terms of production of crude palm oil in India.

12.0 10.0 8.0 6.0 4.0 2.0 0.0

30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0%

Percentage

MMT

Figure: India Palm oil Market Size by Sales Volume in MMT, FY’2012- FY’2017

Northern regions of the country are the major consumers of palm oil, which has accounted for a sizeable share of ~% Eastern region of the country are the third largest palm oil consumers, which has commanded consumption share of ~% in terms of volume during FY’2017.

Western regions have a comparatively lower consumption share of ~% only.

Organized sector constituted majority of the sales accounting for ~% (~ thousand tons) of the total sales by volume in palm oil segment. Unorganized sector captured market share of ~% with an estimated sales volume of ~ thousand tons.

Table: India Palm Oil Market Segmentation

by Region, FY’2017 Region Sales Volume North ~ South ~ East ~ West ~

FUTURE OUTLOOK TO PALM OIL MARKET IN INDIA Table: List of Registered Palm oil Processing Unit in India, FY’2017 Name of the Processing State Sector Unit Capacity Unit 1 ~ ~ ~ Unit 2 ~ ~ ~ ~ ~ ~ Unit 3

INDIA PALM OIL MARKET SEGMENTATION

Palm oil will continue to maintain its dominance in the future it is expected that consumption of palm oil will increase to ~ MMT by FY’2022. Palm oil sector is expected to register ~% CAGR in an estimation period FY’2017- FY’2022 Figure: India Palm oil Market Size by Sales Volume in MMT, FY’2018- FY’2022

MMT

In South India, palm oil consumption has ~% market share due to easy accessibility to shipment, port facilities and higher production of palm oilseeds especially in the regions of Kerala.

14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0%

Percentage

15.0 10.0 5.0 0.0

FY'18 FY'19 FY'20 FY'21 FY'22

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August 2017

India Edible Oil Market Outlook to FY’2022

INDIA SOYBEAN OIL MARKET

6.0 5.0 4.0 3.0 2.0 1.0 0.0

40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0%

Percentage

MMT

Figure: India Soybean Oil Market Size by Sales Volume in MMT, FY’2012- FY’2017

INDIA SOYBEAN OIL MARKET SEGMENTATION Northern part of the country was the largest consumer of soybean oil in the country accounting for ~% of the total sales volume. Uttar Pradesh accounted for ~ thousand tons of sales volume. Western part with ~% market share was second largest consumer followed by east (~%) and South (~%). Organized sector constituted for ~% of the total sales with sales volume of ~ MMT. Unorganized sector is on decline due to increased dependence on imports.

MARKET SHARE BY MAJOR PLAYER Adani is the leading player in India soybean oil sector with a staggering ~% market share. It is popularly sold under the brand name of Fortune. Cargill has gained significant share in last few years in part of India selling ~ thousand tons of soybean oil across India in FY’2017.

Table: India Soybean Oil Market Segmentation by Major Players, FY’2017 Region Sales Volume ~ Adani Wilmar ~ Cargill ~ Ruchi Soya ~ Others

FUTURE OUTLOOK TO SOYBEAN OIL MARKET IN INDIA In short term outlook, the Soybean oil industry is expected to grow at a moderate rate due to fluctuation in Soybean oil pricing in the International market registering a five year CAGR of ~% in FY’2017 to FY’2022. It is expected that market will increase ~ MMT in terms of sales volume. Government support and better future outlook in International market will support the market.

Figure: India Soybean oil Market Size by Sales Volume in MMT, FY’2018- FY’2022 8.0

6.5% Percentage

Market for Soybean oil increased from INR ~ billion in FY’2015 to INR ~ billion in FY 2017. Growth in demand for soybean oil was on account of reduced demand for palm oil due higher increase in its prices.

Its consumption has increased from ~ MMT in FY’2012 to ~ MMT in FY’2017.

Domestic production during the same period declined from ~ MMT to ~ MMT. Decline in production was mainly due to fall of prices in the international market making domestic production less attractive.

Table: India Soybean Oil Market Segmentation by Region, FY’2017 Region Sales Volume ~ North ~ South ~ East ~ West

6.0

MMT

MARKET SIZE

4.0 2.0 0.0

6.5% FY'18

FY'19

FY'20

FY'21

FY'22

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August 2017

India Edible Oil Market Outlook to FY’2022

INDIA MUSTARD OIL MARKET

Figure: India Mustard Oil Market Size by Sales Volume in MMT, FY’2012- FY’2017 15.0%

2.5

10.0%

MMT

Percentage

3.0 2.0

5.0%

1.5

0.0%

1.0

-5.0%

0.5

-10.0%

0.0

-15.0% FY'12 FY'13 FY'14 FY'15 FY'16 FY'17

INDIA MUSTARD OIL MARKET SEGMENTATION Eastern part of the country was the largest consumer of soybean oil in the country accounting for ~% of the sales volume.

West Bengal accounted for ~ thousand tons of sales volume. Northern part with~% market share was second largest consumer followed by west (~%) and South (~%). Organized sector constituted for ~% of the total sales with sales volume of ~ MMT. Unorganized segment contributed ~% of the volume sales. .volume.

MARKET SHARE BY MAJOR PLAYER Adani is the leading player in India mustard oil sector with more than quarter (~%) of market share. It is popularly sold under the brand name of Fortune Kachi Ghani. Ruchi soya was second largest players with total sales volume of ~ thousand tons accounting for ~% of total sales. Other regional and small brands captured a mammoth ~% market share.

Table: India Mustard Oil Market Segmentation by Major Players, FY’2017 Region Sales Volume ~ Adani Wilmar Cargill ~ Ruchi Soya ~ Others ~

FUTURE OUTLOOK TO MUSTARD OIL MARKET IN INDIA In short term outlook, the mustard oil industry is expected to grow at a low rate due to fluctuation in sown area in domestic farm market registering a five year CAGR of ~% in FY’2017 to FY’2022. It is expected that market will increase ~ MMT in terms of sales volume.

Figure: India Mustard oil Market Size by Sales Volume in MMT, FY’2018- FY’2022 4.0

2.5% Percentage

Market for Mustard oil decreased from INR ~ billion in FY’2012 to INR ~ billion in FY’ 2017. Decline in demand for mustard oil was on account of increased demand for palm and soybean oil due to their lower prices. Its consumption has increased from ~ MMT in FY’2012 to ~ MMT in FY’2017. Domestic production during the same period declined from ~ thousand tons to ~ thousand tons. Decline in production was mainly due to fall of prices in the international market making domestic production less attractive.

Imports have also increased constantly in the last few years.

Table: India Mustard Oil Market Segmentation by Region, FY’2017 Region Sales Volume ~ North ~ South ~ East ~ West

3.0

MMT

MARKET SIZE

2.0 1.0 0.0

2.5% FY'18

FY'19

FY'20

FY'21

FY'22

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August 2017

India Edible Oil Market Outlook to FY’2022

INDIA SUNFLOWER OIL MARKET

Figure: India Sunflower Oil Market Size by Sales Volume in MMT, FY’2012- FY’2017 60.0%

1.5

40.0%

1.0

20.0%

0.5

0.0%

MMT

Percentage

2.0

0.0

-20.0% FY'12 FY'13 FY'14 FY'15 FY'16 FY'17

INDIA SUNFLOWER OIL MARKET SEGMENTATION Southern part of the India was the major consumer of sunflower oil in India with ~% of the sales volume. Western part accounted for ~ thousand tons followed by northern India demanding ~ thousand tons of sunflower oil. Eastern part consumed the least amount constituting ~% of the total demand. Mumbai in Maharashtra was the major city consuming sunflower oil in India. Market for sunflower oil is largely dominated by organized sector with an estimated ~% market share. Unorganized sector is on decline and is expected to be reducing to single digit in terms of percentage share in near future.

MARKET SHARE BY MAJOR PLAYERS Kaleesuwari was the leading player in sunflower oil in India constituting ~% of the total sales in organized sector. Cargill was the second largest player with sales volume of ~ thousand tons.

Table: India Sunflower Oil Market Segmentation by Major Players, FY’2017 Region Sales Volume ~ Kaleesuwari ~ Cargill ~ Adani Wilmar ~ Others

FUTURE OUTLOOK TO SUNFLOWER OIL MARKET IN INDIA In short term outlook, the sunflower oil industry is expected to grow at a moderate rate due to fluctuation in sown area in domestic farm market registering a five year CAGR of ~% in FY’2017 to FY’2022. It is expected that market will increase ~ MMT in terms of sales volume.

Figure: India Sunflower oil Market Size by Sales Volume in MMT, FY’2018- FY’2022 3.0

8.0%

2.5

Percentage

Market increased from INR ~ billion in FY’2012 to ~ billion in FY’2017 registering a five year CAGR of ~% during the period.

In terms of volume the sales increased from ~ thousand tons to ~ thousand tons in FY’2017. Growth in demand was mainly supported by increase in imports as domestic production declined significantly from ~ thousand tons to ~ thousand tons between FY’2012 to FY’2017.

Table: India Sunflower Oil Market Segmentation by Region, FY’2017 Region Sales Volume ~ North ~ South ~ East ~ West

MMT

MARKET SIZE

2.0 1.5 1.0 0.5 0.0

8.0% FY'18

FY'19

FY'20

FY'21

FY'22

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India Edible Oil Market Outlook to FY’2022

INDIA OLIVE OIL MARKET

Figure: India Olive Oil Market Size by Sales Volume in Thousand tons, FY’2012- FY’2017 120.0% 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% -20.0%

Thousand Tons

12.0

Percentage

10.0 8.0 6.0

4.0 2.0 0.0 FY'12 FY'13 FY'14 FY'15 FY'16 FY'17

INDIA OLIVE OIL MARKET SEGMENTATION Northern and Western part of India was the major consumers of olive oil in India each region accounted for ~% of the market share each. Delhi and Mumbai were the two key cities consuming most of the demand in the region. Southern India managed to sell an estimate ~ thousand tons. Demand was lowest in eastern part constituting ~% of total sales.

Smaller bottles of olive oil constitute an estimated ~% (~ tons) of the total demand for olive oil. These are mainly of virgin and extra virgin type which is used in salad dressing and sandwiches. Medium packs of 1 liter and 2 liter constitute ~% of the total demand. Large packs generate maximum sales volume with ~% share.

MARKET SHARE BY MAJOR PLAYER In FY’2017, Borges was the leading company in India olive oil market with the market share of ~%. Leonardo is the second most popular brand in the olive oil segment. Cargill group (~%) also owns the nature fresh brand of olive oil. Dhara, Bernoulli Classic, Oleev pomace olive oil from Modi naturals, MIMI Pomace olive oil, Delmote, and many others constituted ~% of the market selling ~ thousand tons.

Table: India Olive Oil Market Segmentation

by Major Players, FY’2017 Region Sales Volume ~ Borges ~ Cargill ~ Others

FUTURE OUTLOOK TO OLIVE OIL MARKET IN INDIA Total estimated sales volume will increase from ~ thousand tons in FY’2018 to ~ Thousand tons in FY’2022. Domestic production is expected in future.

Figure: India Olive Oil Market Size by Sales Volume in Thousand Ton, FY’2018- FY’2022 30.0

18.5% Percentage

Market for olive oil in terms of revenue has registered a constant growth in between FY’2012- FY’2014. It increased from INR ~ million to INR ~ million during the period. In FY’2017 it was estimated at INR ~ Million. In terms of sales volume it was more than doubled between FY’2012 to FY’2017 increasing ~ thousand tons to ~ thousand tons.

Table: India Olive Oil Market Segmentation

by Region, FY’2017 Region Sales Volume ~ North South ~ East ~ West ~

Thousand Tons

MARKET SIZE

20.0

18.5%

10.0

18.4%

0.0

18.4% FY'18 FY'19 FY'20 FY'21 FY'22

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August 2017

India Edible Oil Market Outlook to FY’2022

INDIA GROUNDNUT OIL MARKET

Figure: India Ground Nut Oil Market Size

by Sales Volume in MMT, FY’2012- FY’2017 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0%

Percentage

2.5 2.0 MMT

1.5 1.0 0.5 0.0 FY'12 FY'13 FY'14 FY'15 FY'16 FY'17

INDIA GROUND NUT OIL MARKET SEGMENTATION Western part of the country was the largest consumer of ground nut oil in India creating demand of ~% of the ground nut oil consumption in India.

Southern part of India was the second largest consumer of groundnut oil in the country consuming ~% (~ thousand tons) of the total demand. Total consumption share of ground nut oil in east India was limited to ~% of the overall India demand. Groundnut Oil market of India has been dominated by unorganized sector with share of ~% during FY’2017.

Table: India Groundnut Oil Market Segmentation by Region, FY’2017 Region Sales Volume ~ North ~ South ~ East ~ West Table: India Groundnut Oil Market Segmentation by Sector, FY’2017 Region Sales Volume ~ Organized ~ Unorganized

FUTURE OUTLOOK TO GROUND NUT OIL MARKET IN INDIA Consumption of ground nut oil in India is expected to increase from ~ thousand tons to ~ thousand tons registering a CAGR of ~% during FY’2017-2022.

Unorganized sector will lose its dominance as consumer awareness about adulteration increases.

Figure: India Groundnut Oil Market Size by Sales Volume in MMT, FY’2018- FY’2022 2.5

5.0%

2.0

4.0%

1.5

3.0%

1.0

2.0%

0.5

1.0%

0.0

0.0%

Percentage

Market for ground nut oil declined between FY’2012 to FY’2013. It declined from INR ~ billion in FY’2012 to INR ~ billion in FY’2014. In FY’2015 due to higher crushing activity, groundnut oil production increased to ~ million tons as compared to last three years’ average production of ~ million tons. Revenue generation increased from INR ~ billion in FY’2015 to INR ~ billion FY’2017.

Production of ground nut oil declined in FY’2016 and bounced back in FY’2017 to ~ MMT.

Organized sector constitutes an estimated ~% of the ground nut oil market. Most of the crushing oil mills extract oil and package it and sell it in the market.

Regional players such as NK Proteins, Vimal Refined Groundnut oil, Mayur and other key brands are also in demand.

MMT

MARKET SIZE

FY'18

FY'19

FY'20

FY'21

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FY'22

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August 2017

India Edible Oil Market Outlook to FY’2022

INDIA COCONUT OIL MARKET

Figure: India Coconut Oil Market Size by Sales Volume in MMT, FY’2012- FY’2017 0.6

20.0% 15.0% 10.0% 5.0% 0.0% -5.0% -10.0% -15.0%

MMT

Percentage

0.5 0.4 0.3 0.2 0.1 0.0 FY'12 FY'13 FY'14 FY'15 FY'16 FY'17

MARKET SEGMENTATION Southern state consumed the highest volume of coconut oil creating a sales demand of ~ thousand tons. Kerala was the leading state in terms of consumption volume (~ thousand tons). West Bengal was the major state consuming coconut oil in the eastern part of the country.

Demand was mainly from the fish eating population in the region. Consumption of coconut oil in the western part of the country was mainly concentrated in Goa and parts of Maharashtra.

Table: India Coconut Oil Market Segmentation by Region, FY’2017 Region Sales Volume ~ North ~ South ~ East ~ West

Unorganized sector accounted for ~% of the total sales generating sales volume of ~ thousand tons. Large amount of coconut oil is produced domestically.

Table: India Coconut Oil Market Segmentation by Sector, FY’2017 Region Sales Volume ~ Organized Unorganized ~

FUTURE OUTLOOK TO COCONUT OIL MARKET IN INDIA It is expected that market will rise from ~ thousand tons in FY’2018 to ~ thousand tons in FY’2020. Demand for packaged coconut oil is expected to rise along with it the share of unorganized segment will decline further as strict implementation of food and safety standards come into play. It is expected that market demand will rise to ~ thousand tons by the end of FY’2022 growing at a five year CAGR of ~% between FY’2017-FY’2022.

Figure: India Coconut Oil Market Size by Sales Volume in MMT, FY’2018- FY’2022 0.5

2.0%

Percentage

From FY’2012 to FY’2013 market declined from INR ~ billion to INR ~ billion. It again increased in FY’2014. Drastic fall in coconut oil prices was the major reason for decline in revenue generated from sale of coconut oil. In FY’2017, revenue jumped by ~% to climb a new high of INR ~ billion. Production of coconut oil increased from ~ thousand tons in FY’2012 to ~ tons in FY’2017. Production was ~ thousand tons in FY’2017 majority of it was consumed in domestic market.

0.4

MMT

MARKET SIZE

0.3 0.2 0.1 0.0

2.0%

FY'18

FY'19

FY'20

FY'21

FY'22

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India Edible Oil Market Outlook to FY’2022

INDIA RICE BRAN OIL MARKET

1.2 1.0 0.8 0.6 0.4 0.2 0.0

12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0%

Percentage

MMT

Figure: India Rice Bran Oil Market Size by Sales Volume in MMT, FY’2012- FY’2017

INDIA RICE BRAN OIL MARKET SEGMENTATION Northern region consumed ~% of the total rice bran oil demand in India with Uttar Pradesh leading the consumption.

Western part was the second highest consumer creating a demand of ~ thousand tons. Eastern part constituted only ~% of the total consumption in the country. Majority of the rice bran oil sold was in organized sector constituting ~ thousand tons of the total rice bran oil demand. The segment includes some major organized players including Sathi, Healthy heart, Nature Pure, Ricela.

FUTURE OUTLOOK TO RICE BRAN OIL MARKET IN INDIA Future demand for rice bran oil is expected to increase as consumer awareness and benefits of using rice bran oil increases. Increased investment in promotions and advertisements is expected from leading brands who may add value in promoting the use of rice bran oil. It is estimated that growth rate in consumption of rice bran oil will be ~% provided other conditions remain similar.

Blended product with rice bran oil as key component is expected to register significant growth in future. Domestic consumption will increase from ~ thousand tons in FY’2018 to ~ thousand tons in FY’2022.

Figure: India Rice Bran Oil Market Size by Sales Volume in MMT, FY’2018- FY’2022 2.0

8.0% Percentage

In FY’2012 the revenue was estimated at INR ~ billion which increased to INR ~ billion in FY’2017. During the same period the production of rice bran increased from ~ thousand tons to ~ thousand tons. Domestic production increased from ~ MMT to ~ MMT during FY’2012 – FY’2017. High demand for rice bran in domestic as well as in the International market was the key factor for growth in production. All leading players are now active in rice bran oil segment.

Table: India Rice Bran Oil Market Segmentation by Region, FY’2017 Region Sales Volume ~ North ~ South ~ East West ~ Table: India Rice Bran Oil Market Segmentation by Sector, FY’2017 Region Sales Volume Organized ~ Unorganized ~

1.5

MMT

MARKET SIZE

1.0 0.5 0.0

8.0% FY'18

FY'19

FY'20

FY'21

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FY'22

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August 2017

India Edible Oil Market Outlook to FY’2022

INDIA COTTON SEED OIL MARKET

Figure: India Cotton Seed Oil Market Size by Sales Volume in MMT, FY’2012- FY’2017 12.0% 10.0%

0.8

8.0%

0.6

6.0%

0.4

4.0%

0.2

2.0%

0.0

0.0%

Percentage

1.0 MMT

1.2

FY'12 FY'13 FY'14 FY'15 FY'16 FY'17

MARKET SEGMENTATION In FY’2017, northern region was the highest consumer of edible oil in the region accounting for ~% (~ thousand tons) of the sales volume. Gujarat was the major consumer of cotton seed oil in the west.

Minor contribution was made from eastern (~%) and western (~%) part of India.

Organized sector constituted ~% (FY’2017) of the total sales volume in the cotton seed oil segment and is on the growth path as growing awareness and clampdown on adulterers’ increases. Demand for cotton seed oil is related to production of cotton in India.

Table: India Cotton Seed Oil Market Segmentation by Sector, FY’2017 Region Sales Volume ~ Organized ~ Unorganized

FUTURE OUTLOOK Demand for cotton seed oil is dependent of the price and availability of the other edible oil in the market. Consumption increased from ~ thousand tons to ~ thousand tons between FY’2018-FY’2022.

Growth will be low at the expected rate of ~% during the forecast period. In the long run it is expected that demand of cotton seed oil will expand to other regions of the country especially in northern and eastern part which are very sensitive to price. Share of organized sector is expected to improve further as FSSAI and other government organization clampdown on adulterators.

Figure: India Cotton Seed Oil Market Size

by Sales Volume in MMT, FY’2018- FY’2022 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0

8.0% Percentage

The consumption of cottonseed oil in FY’2014 stood at ~ thousand tons owing to the increase in consumption of processed food in India and establishment of various food processing industries in the western geographies of the country especially in Gujarat. It declined to ~ thousand tons in FY’2017. Revenue generation during FY’2012 to FY’2017 declined from INR ~ billion to INR ~ billion. Kallam Agro products, Sri Dhanlaxmi, Srinivasa cotton, LN Oils, Bashir Oil Mills were some key players active in cotton seed oil extraction in India.

Table: India Cotton Seed Oil Market Segmentation by Region, FY’2017 Region Sales Volume ~ North South ~ East ~ West ~

MMT

MARKET SIZE

8.0% FY'18

FY'19

FY'20

FY'21

FY'22

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India Edible Oil Market Outlook to FY’2022

COMPANY PROFILES FOR MAJOR MARKET PLAYERS IN INDIA EDIBLE OIL MARKET Table: Company Profile for Market Players in India Edible Oil Market Parameter Company Overview USP Business Strategies Plant Location Recent Developments

Description     

FUTURE OUTLOOK TO INDIA EDIBLE OIL MARKET It is expected that future demand for edible oil will register a constant increase. The market will increase from ~ million metric tons in FY’2018 to ~ million metric tons in FY’2022. Growth will be mainly driven by increased demand for out home consumption and rising population especially in urban areas. Share of organized sector will increase at double digit (~%) register significant increase in market penetration and better availability of package oil in smaller sizes. Manufacturing of customized oil which is generally sold at premium will gain market share as awareness about their availability increases. Entry of new players such as Mahindra, Cofco, Patanjali will further boost the market. Even though per capita consumption is highest in western region volume demand will remain highest in northern part due to large concentration of population.

Figure: India Edible Oil Market Future Outlook on the Basis of Sales Volume in Million Metric Tons and Growth Rate in Percentage, FY’2018-FY’2022 35.0

9.0%

8.0%

30.0

MMT

6.0%

20.0

5.0%

15.0

4.0% 3.0%

10.0

Percentage

7.0%

25.0

2.0%

5.0

1.0%

0.0

0.0% FY'2018

FY'2019

FY'2020

FY'2021

FY'2022

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India Edible Oil Market Outlook to FY’2022

COMPANIES CITED IN THE REPORT Companies Covered in the Report Major Players

List of Companies        

Marico Adani Wilmar Ruchi Soya Cargill Kaleesuwari Tirupati Borges BL Agro

KEY FACTORS CONSIDERED IN THE REPORT  

 

Comprehensive analysis of India Edible Oil Market and its segments.

Detailed analysis of each type of 9 major edible oils covering their market size by revenue, production and volume. External trade, segmentation by geography and sector, major players and future for each type of oil was also estimated.

Listed major players and their positioning in the market.

Identified major industry developments in last few years and assessed the future growth of the industry.

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India Edible Oil Market Outlook to FY’2022

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India Edible Oil Market Outlook to FY’2022

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