visit a nearby shop of consumer product with the help of the shopkeeper of the shop preaper a list of major brands of edible oil. on the basis of information make a summary report of you finding. what are the various edible oils. consumer demand more be which. consumer monthly expenditure on edible oils
Answers
The edible oil market in India is projected to grow from around $21.5 billion in 2019 to $35.2 billion by 2025 due to increasing disposable income and rising consumer awareness about healthy lifestyle & wellness.
Moreover, strong marketing activities by leading edible oil brands, changing tastes and preferences of consumers, expanding population, and shifting consumption pattern towards branded oils is leading to rising consumption of edible oils in the country.
Surging penetration of processed foods is expected to continue driving consumption of edible oils in the country. In 2019, Soya oil accounted for more than one-third of the market share in India edible oil market. The other leading oil types include Mustard oil, Palm oil and Sunflower oil. Olive oil segment continues to gain market traction in India, however, the product's share stood at just around 1% in 2019.
West India dominated the country's edible oil market in 2019, and the region is expected to maintain its dominance during the forecast period. East and West regions also account for a significant market share, with the South region grabbing the smallest market pie.
Some of the major players operating in India edible oil market include Adani Wilmar Limited (Fortune), Mother Dairy Fruit & Vegetable Pvt Ltd (Dhara), Cargill India (Nature Fresh, Gemini), Patanjali Ayurved Limited (Patanjali), Emami Agrotech Ltd. (Emami Healthy & Tasty and Himani Best Choice) and others.