The latest report by IMARC Group, titled "India Palm Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The India palm oil market is expected to exhibit a growth rate (CAGR) of 5.6% during 2023-2028.

Palm oil is a type of edible vegetable oil that is extracted naturally from the mesocarp of the ​oil palm fruit. It is abundant in saturated and monounsaturated fatty acids, vitamins A and E, carotenoids, and phytosterols. Palm oil is recognized for its various health benefits, including the ability to lower cholesterol levels, improve brain function, reduce oxidative stress, and promote healthy skin and hair. It is commercially available in two forms: crude palm oil and palm kernel oil. Due to its high smoke point, palm oil is widely used as a vegetable oil for cooking and baking applications.

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India Palm Oil Market Trends and Drivers:

The ​palm oil market in India is experiencing significant growth due to its increasing utilization in the ​cosmetics and pharmaceutical industries. Moreover, the ​Government of India's initiatives, including providing financial aid to farmers and allowing absolute foreign direct investment (​FDI) for palm oil plantation, have further boosted market growth. Additionally, the demand for palm oil is on the rise in both edible and non-edible sectors. It finds applications in surfactants, agrochemicals, biofuels, and personal care products.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Packaging Type:

• Pouches

• Jars

• Cans

• Bottles

Breakup by Packaging Material:

• Metal

• Plastic

• Paper

• Others

Breakup by Pack Size:

• Less than 1 Litres

• 1 Litres

• 1 Litres – 5 litres

• 5 Litres – 10 Litres

• 10 Litres and Above

Breakup by Domestic Manufacturing/Imports:

• Domestic Manufacturing

• Imports

Breakup by Application:

• Household Cooking

• HoReCa

• Food Processing Industry

• Oleo Chemicals

• Personal Care Products

• Animal Feed

• Biofuels

• Others

Breakup by Distribution Channel:

• Direct/Institutional Sales

• Supermarkets and Hypermarkets

• Convenience Stores

• Online

• Others

Breakup by Region:

• North India

• West and Central India

• East India

• South India

Competitive Landscape:

• 3F Industries Ltd.

• COFCO International

• Edible Group

• Godrej Agrovet Limited (Godrej Industries Limited)

• Gokul Refoils & Solvent Ltd.

• KS Oils Limited

• Oil Palm India Ltd.

• Patanjali Foods Limited.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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