Top Companies in the India Edible Oil Market

The India edible oil market reached 24.7 Million Tons in 2023. As per the analysis by IMARC Group, the top companies in the India edible oil industry are focusing on expanding their portfolio by introducing new and innovative products, such as blended oils, which combine the benefit of multiple oils into a single product. In addition to this, the introduction of high oleic (HO) oils that are low in cholesterol levels, reduce the risk of heart diseases, and offer better stability, longer shelf life, improved flavor, and higher nutritional benefits compared to traditional oil is contributing to the market growth. Furthermore, several key players are producing organic oils that are free from chemicals, pesticides, and other fertilizers, due to rising health consciousness and changing dietary preferences among the masses. Along with this, the growing demand for sustainable edible oils that are produced from eco-friendly techniques, thus, reducing carbon footprint, saving resources, improving quality, and increasing profitability, is strengthening the market growth. Besides this, several companies are leveraging advanced techniques, such as cold-pressed and high-pressure processing, which minimize the utilization of solvents and other chemicals and aid in preserving the flavor, aroma, and nutritional values of the oil. Moreover, the utilization of genetic engineering to incorporate specific traits in oil, such as higher levels of oleic acid and lower levels of saturated fat, to develop healthier oil variants is providing an impetus to the market growth. Apart from this, aggressive promotional and branding campaigns by manufacturers through social media, influencer marketing, television (TV) commercials, and celebrity endorsements are favoring the market growth. Other factors, including the rising expenditure capacities of consumers, the increasing investments in the development of advanced products, and easy product availability across e-commerce platforms, are anticipated to drive the market growth. Looking forward, IMARC Group expects the market to reach 27.9 Million Tons by 2032, growing at a CAGR of 1.35% during the forecast period (2024-2032).

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List of Top Companies Operating in the Indian Edible Oil Industry:

The India edible oil market has several major players including Adani Wilmar Limited, Agro Tech Foods Ltd. (ConAgra Brands Inc.), BCL Industries Ltd., Bunge India Private Limited, Cargill India Private Limited, Emami Agrotech Limited, Gulab Oil And Foods Pvt. Ltd., Mahesh Edible Oil Industries (Saloni Mustard oil), Marico Limited, N.K Proteins Pvt Ltd, Patanjali Ayurved Limited, Puri Oil Mills Limited, and Sanwaria Consumer Limited. More information about these companies has been provided below. 

1. Adani Wilmar Limited

Adani Wilmar Limited is a joint venture (JV) company between the Adani Group and Wilmar International Limited. It manufactures a diverse range of products, including cooking oils, rice, flour, pulses, sugar, soya chunks, salt, and ready-to-cook (RTC) snacks. The company also owns multiple well-known brands, such as Fortune, King's, Aadhar, Bullet, Raag Gold, and Bullet. Furthermore, Adani Wilmar Limited has partnered with leading market companies to expand its business, promote sustainability, and attract new customers.

2. Agro Tech Foods Ltd. (ConAgra Brands Inc.)

Agro Tech Foods Ltd. (ConAgra Brands Inc.) is a publicly-traded company engaged in the business of food processing and marketing. Its portfolio comprises edible oils, cooking aids, snacks, margarine, peanut butter, mayonnaise, and ready-to-eat meals. Furthermore, the company is focused on expanding its business across India. As a result, it has established several manufacturing and processing facilities across the country. Moreover, it is developing new and innovative products to stay competitive in the market and meet the rising demands of consumers.

3. BCL Industries Ltd.

BCL Industries Ltd. is an Indian company specializing in the manufacturing, processing, and trading of a variety of food products. Its product portfolio comprises of edible oils, bakery fats, animal feeds, and specialty fats. The company’s products are extensively used in households, aquaculture, confectionery, cosmetics, and pharmaceutical industries. Furthermore, it is heavily investing in research and development (R&D) projects to create sustainable products, expand its portfolio, and attract a new consumer base. The company is also engaged in collaborative projects to strengthen its market presence and increase sales.

4. Bunge India Private Limited

Bunge India Private Limited is an agribusiness and food company that deals in the upstream and downstream segments of the food value chain. Its product lineup includes wheat flour, specialty fats, rice, pulses, animal feed, and edible oils, such as soybean, sunflower, canola, and palm oil. The company is also involved in multiple partnerships with leading companies and research institutions to diversify its procurement network, develop sustainable manufacturing practices, and expand its market presence.

5. Cargill India Private Limited

Cargill India Private Limited is a subsidiary of Cargill Inc, an American multinational corporation that deals in agriculture, food processing, and financial services. It produces edible oil, starches, sweeteners, cocoa, bakery fats, margarine, shortenings, and animal nutrition. Furthermore, the company is focused on developing innovative and sustainable products to expand its portfolio and attract environmentally conscious consumers. Moreover, it is leveraging advanced technologies, such as automation, to improve production efficiency, enhance quality, and maintain consistency.

6. Emami Agrotech Limited

Emami Agrotech Limited is a food company specializing in manufacturing and marketing edible oils, fats, vanaspati, and specialty ingredients. It operates multiple processing and refining plants across India to expand its business and reach emerging markets. Furthermore, the company is incorporating advanced technologies to maintain its product quality, promote sustainability, and attract health-conscious consumers. It has also entered into several joint venture (JV) projects to expand its global footprint and develop innovative products.

7. Gulab Oil And Foods Pvt. Ltd.

Gulab Oil And Foods Pvt. Ltd. is an agriproduct company that manufactures and distributes premium products for consumers across the globe. Its portfolio of edible oils includes sunflower, mustard, soybean, groundnut, sesame, coconut, and blended oils. Furthermore, the company is also establishing state-of-the-art processing and refining facilities to improve product quality, increase production rate, and enhance overall efficiency. Moreover, it has partnered with research institutions and government organizations to promote sustainable products, increase market presence, and attract a new consumer base.

8. Mahesh Edible Oil Industries (Saloni Mustard oil)

Mahesh Edible Oil Industries is an Indian company that specializes in the production and distribution of edible oils under the brand name "Saloni Mustard Oil." It also produces soya chunks, vanaspati, blended oils, cattle feed, and oilcake. Furthermore, the company operates an online platform that provides various vegetarian, non-vegetarian, and pickle recipes using its flagship products, which aids in promoting brand value, increasing sales, and attracting new customers. Moreover, the company has partnered with farmers and government organizations to encourage the production of mustard seeds and spread awareness regarding their various health benefits.

9. Marico Limited

Marico Limited is an international consumer goods company that deals in beauty and wellness products. Its portfolio is comprised of coconut hair oil, hair serum, hair masks, shampoos, body lotions, face creams, refined oil, and cooking spray. Apart from this, the company also owns several popular brands, such as Parachute, Saffola, Nihar, Livon, Set Wet, and Revive. Moreover, it is actively engaged in research and development (R&D) works to expand its product offering, increase customer satisfaction, and strengthen its market presence.

10. N.K Proteins Pvt Ltd

N.K Proteins Pvt Ltd is a manufacturing company specializing in producing and distributing edible oil and biodiesel. It also offers packaging, waste management, and consultancy services to its clients. Furthermore, the company is collaborating with leading market players to expand its distribution network, improve the supply chain, and increase profitability. It has also partnered with several institutions and organizations to develop sustainable products, reduce environmental impact, and attract a new customer base.

11. Patanjali Ayurved Limited

Patanjali Ayurved Limited is a consumer goods company that produces Ayurvedic medicines, cosmetics, food, and other products. Its portfolio comprises health supplements, toothpaste, soaps, shampoo, juices, spices, honey, and ready-to-eat (RTE) snacks. Furthermore, the company is known for its natural and organic products that offer several health benefits and promote overall wellness. Moreover, Patanjali Ayurved Limited is focused on expanding its business by establishing new retail stores and manufacturing facilities. It is also collaborating with various research institutions to improve its product quality, increase its offerings, and meet rising consumer demands.

12. Puri Oil Mills Limited

Puri Oil Mills Limited is an Indian manufacturing company specializing in the production and distribution of mustard oil and associated products. It also produces a diverse range of fats, including vanaspati, margarine, and shortening. Furthermore, the company has collaborated with multiple online retail companies to expand its business, increase sales, and attract new customers. Moreover, it is significantly investing in research and development (R&D) to improve its manufacturing process and create new sustainable products.

13. Sanwaria Consumer Limited

Sanwaria Consumer Limited is a fast-moving consumer goods (FMCG) company that operates in the food processing and trading industry. Its product lineup includes wheat flour, pulses, rice, sugar, spices, and edible oils. The company also operates a digital retail platform, which allows users to conveniently browse its diverse range of products and make purchases online. Moreover, Sanwaria Consumer Limited has partnered with several organizations to promote its brand, increase sales, and strengthen its market presence.

Get an inside look at the India edible oil market with exclusive insights, including:

• CAGR projections during the 2024-2032 forecast period.
• In-depth information on the factors that will fuel the India edible oil market growth in the next five years.
• Precise predictions regarding upcoming trends and potential changes in consumer behavior.
• Analysis of the India edible oil industry's expansion at the regional level.
• A thorough review of the market's competitive landscape and detailed information on key players.
• Detailed explanations of the challenges that could impede the growth of the India edible oil market.

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