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Edible oil market India

Edible oil market India

The consumption patterns of edible oil in India are extreme changes. Edible oil is not only the consumption of cooking oil, but also for different industries and other uses. India is the fourth largest edible oil market in the world after the United States. China and Brazil make up about 9% of the world's oil production.

India edible oil production:

In 1986, oilseed production increased from about 11.3 million tons in 1986 to 1986 to 24.8 million tons in 1998-1999 due to the technical task of oil seeds. During 1999-2000, oilseed production fell to 207 million tons due to non-seasonal rains. However, in 2005-2006, oilseed production reached 27.98 million tons. During the period 2012-2013 (November-October), the output of the nine major oilseeds will be about 30.9 million tonnes, which is expected to reach about 33 million tonnes in 2013-14 (November-October).

India edible oil consumption:

The increase in consumption of vegetable oil is due to increased household income, retail growth, health awareness, population growth and increased demand. From the start of marketing year 2014/15 in November, consumption of edible oil in India is expected to grow by 5.6% to a record 1.93 million tons.

Consumption patterns:

India is a vast country. Different regions have different preferences for cooking oil. For example, people in the south and west prefer peanut oil, while those in the east and north use wood pulp or rapeseed oil. Some parts of the South prefer coconut oil and sesame oil, while residents of the northern plains prefer vanilla, a term used to represent a mixture of partially hydrogenated edible oils.

With the development of oil technology, all oils can be rendered colorless, odorless and tasteless by refining, bleaching and deodorizing. Therefore, previously unknown new oils, such as cottonseed oil, sunflower oil, palm oil, soybeans and rice bran, have attracted the most traditional customers due to their unique taste.