June 11, 2014
-- Indian edible oil industry has its long term growth story intact, all triggers in place and is all set to experience a high growth era. The Indian consumption boom has ensured a sweet spot for the industry while big players pull their socks up for the great run. The changing consumer dynamics like growing health consciousness, urbanization and rising disposable incomes will bring in next wave of growth for the industry. Emphasizing on the future prospects of the industry, Niir Project Consultancy Services has released a new report titled ‘Market Research Report on Edible Oils in India (Present Status, Future Prospects, Industry Growth Drivers, Demand Scenario, Opportunities, Company Financials, Market Size, Sector Insights, Analysis&
Forecasts upto 2017)’. The report aims to provide an elaborative analysis of the present status and future prospects of the Indian edible oil sector by covering areas like demand drivers, opportunities, demand supply situation and financial data of industry players.
At first, the report disseminates basic information about the industry like structure and classification followed by a thorough scrutiny of its growth prospects and opportunities. It anticipates that factors like rising trend of modern trade, low per capita consumption levels and growing share of organized sector will support the evident changes in consumer dynamics in generating higher demand for the sector. The report then proceeds to analyze the demand supply situation of edible oils in India. It talks about total and per capita consumption levels of edible oils for assessing the demand and for supply; it takes into account production of oil seeds & edible oils in country together with the estimated imports in India. Although India is the largest producer of oilseeds in the world, a lot is left to be done to ensure self-sufficiency in edible oils. It also lists the prevalent excise and customs duty rates on edible oils.
The report then moves ahead to give business and financial details of incumbents in the industry which gives a fair view of the competition in the sector. It covers business profiles of companies like K.S Oils Ltd, Adani Wilmar Ltd, Ruchi Soya Industries Ltd and Marico Ltd holding brands like Fortune, Saffola, Sunrich, K S Gold etc. The next segment provides complete financial details of edible players in the country. It covers contact information like address of registered office, director’s name and financial comparison covering balance sheet, profit & loss account and several financial ratios of the players. The report ends with a promising outlook of the sector.
For further information, refer: http://www.niir.org/books/book/market-research-report-on-...