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India Palm Oil Market Growth Potential, Competitive Strategies and Forecast to 2025

Refined derivatives are widely being utilized in food owing to their lower price in comparison to other conventional edible oils derived from groundnut, soybean and sunflower.

India Palm Oil Market size is anticipated to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc.


Rapid urbanization, and changing lifestyles backed by increasing disposable income in India have influenced consumption trends of consumers. Increasing consumption in food & beverages and cosmetics industry is a key factor likely to boost overall growth. A positive factor in the Indian production scenario is a significant growth in the acreage, which registered a CAGR of approximately 20% over the past five years.

Improving yield coupled with reducing wastage during production by has created improved business environment in India. In order to encourage domestic cultivation, the government provides subsidies of up to INR 7,000 per hectare for farmers. Furthermore, to ease capital inflows, the government also allowed 100% FDI through automatic route.

To Know More About Palm Oil Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/indian-palm-oil-market 

The lubricants segment is anticipated to exhibit steady growth owing to increasing demand for numerous commercial and industrial products including detergents, soaps, shampoos and cleaners.

Top Players of India Palm Oil Market:

Key companies operating in this market include Ruchi Soya Industries, Kamani, Acalmar Oils & Fats, AdaniWilmar, Anik Industries, Aditya Engineers, Sundex Process Engineers Pvt. Ltd., Brissun Technology Pvt. Ltd. and Cargill India.

Market Segmentation of India Palm Oil Market:

The India Palm Oil Market segmented on the basis of Product and Application.

By Product:
  • Crude palm oil
  • RBD palm oil
  • Palm stearin
  • RBD palm olein
  • Crude palm olein
  • Palm kernel
  • Palm kernel oil
  • Palm kernel cake

By Application:
  • Edible oil
  • Cosmetics
  • Bio-diesel
  • Lubricants
  • Surfactants

Inquire about Palm Oil Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3807 
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