India Soybean Oil Market Size, Share Analysis, Price, Growth, Trends, Research Report and Forecast 2022-27

India Soybean Oil Market Share, Industry Size, Growth Rate, Price Trends and Forecast 2022-27

According to the latest report by IMARC Group, titled, “India Soybean Oil Market Report: Industry Price Trends, Share, Size, Growth Rate, Opportunity and Forecast 2022-2027″, the soybean oil market in India is expected to exhibit a CAGR of 5.1% during 2022-2027.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

Covid-19 Scenario:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Soybean oil is an edible vegetable oil naturally extracted from the endosperm of soybeans. It is a rich source of polyunsaturated fats, omega-3 fatty acids, and vitamins K and E. These nutrients aid in lowering bad cholesterol levels, reducing the risk of heart diseases, strengthening bones, and improving immunity. Besides this, topical application of soybean oil promotes skin health by protecting it against inflammation. It has a high smoke point, which makes it ideal for cooking and baking across both household and commercial spaces.

India Soybean Oil Market Trends:

The growing application of soybean oil in the pharmaceutical industry due to its high Vitamin E content is one of the primary factors driving the India soybean oil market. Besides this, the rising health consciousness amongst consumers has led to the introduction of healthier product variants, which is supporting the market growth. The increasing popularity of international cuisines across India, along with the large-scale use of soybean oil to prepare various condiments, non-dairy creamers and whipped toppings, is further driving the market growth. Additionally, the rising utilization of soybean oil in the personal care and cosmetics industries is creating a positive outlook for the market in India.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India soybean oil market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on packaging type, packaging material, pack size, domestic manufacturing/imports, application and distribution channel.

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
  • Other Industrial Uses

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

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Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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By Tate

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