Start a Business in Edible Oil Processing Industry

India’s edible oil market grew at a rapid pace. In terms of edible oil imports, India is currently the world’s largest. Some of the primary causes increasing edible oil demand in India are rising disposable incomes, rising urbanisation rates, changing dietary habits, and the rise of the food processing sector. Consumer health concerns about the increasing prevalence of coronary heart disease, diabetes, obesity, gastrointestinal disorders, and other ailments are driving demand for healthy edible oil in India. The market is also being boosted by a growing awareness of the numerous health benefits of organic and low-cholesterol edible oil. As a result, a number of regional firms are introducing omega-3, vitamin, and natural antioxidant-rich product versions.

Furthermore, shifting consumer dietary patterns and demanding work schedules have resulted in an increase in processed food consumption. The increased demand for edible oil as food preservatives and flavouring agents in the food processing sector is also propelling market growth in the country. Furthermore, rising consumer living standards, combined with a growing acceptance of international culinary trends, are raising demand for high-quality product varieties such as olive oil, sesame oil, flaxseed oil, and so on. Aside from that, the market is being propelled by the developing agriculture sector and the implementation of many projects aimed at increasing the country’s oilseed production. Furthermore, the Indian government is working hard to increase domestic edible oil availability and reduce reliance on imports. The government, for example, has proposed the National Mission on Edible Oil (NMEO) to meet the country’s edible oil consumption needs, such as sesame oil, groundnut oil, and sunflower oil, palm oil, and so on.