#Adani Wilmar Industry

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Soybean Export from India: Trends, Data, & Market Outlook for 2025

India's agricultural exports continue to gain momentum, with soybean standing as a key contributor. Known for its high nutritional value and diverse industrial applications, soybeans play a pivotal role in the global agri-commodity market. As the world’s demand for plant-based proteins and sustainable oils increases, India's position as a significant player in soybean exports strengthens. This article delves into the current trends in soybean export from India, examines soybean export data, highlights key soybean exporters in India, and explores major soybean-exporting countries for 2024-2025.

The Landscape of Soybean Export from India

India has emerged as a prominent exporter of soybeans, contributing significantly to global trade. Factors such as robust agricultural policies, advancements in farming techniques, and a focus on export-oriented production have bolstered India's soybean export capabilities.

In the 2024-2025 period, soybean exports from India are expected to grow due to increasing international demand. Indian soybeans are sought after for their quality, competitive pricing, and adherence to international standards. The primary export destinations for Indian soybeans include Southeast Asia, the Middle East, and European countries.

Soybean Export Data for 2024-2025

Tracking soybean export data reveals significant insights into India’s performance in the global market.

Volume and Value of Exports: India exported approximately 2.5 million metric tons of soybeans in the fiscal year 2023-2024, generating over $1.2 billion in revenue. The 2024-2025 projections suggest a 10-12% growth, driven by increasing demand from new and existing markets.

Major Importers of Indian Soybeans:

Indonesia and Vietnam: These countries use Indian soybeans primarily for feed and food processing industries.

United Arab Emirates (UAE): A significant importer due to its booming food industry and demand for plant-based products.

European Union (EU): Particularly Germany and the Netherlands, where soybeans are used for biofuels and plant-based protein products.

Export Growth Drivers:

India’s strategic position in Asia ensures shorter shipping times to key markets.

Increased global preference for non-GMO soybeans, a segment where India has an advantage.

Key Soybean Exporters in India

India’s soybean export industry is supported by numerous stakeholders, including farmers, processing companies, and export houses top soybean exporters in India are.

SOPA (Soybean Processors Association of India): SOPA plays a vital role in promoting soybean exports from India. It ensures the quality and branding of Indian soybeans, making them competitive in global markets.

Major Exporting Companies:

ITC Limited: Known for its robust supply chain and adherence to quality standards.

Adani Wilmar: A significant player in agri-exports, including soybeans and soy-derived products.

Ruchi Soya Industries: One of India's largest exporters, supplying non-GMO soybeans globally.

Emerging Players: Smaller exporters and agri-tech startups have also entered the market, leveraging technology to enhance productivity and streamline exports.

India’s Position Among Soybean Exporting Countries

Globally, India ranks among the top 10 soybean exporting countries. However, countries like Brazil, the United States, and Argentina dominate the export landscape.

Global Competitors:

Brazil: The world’s largest soybean exporter, primarily supplying China.

United States: A major exporter with advanced farming technology and extensive trade networks.

Argentina: Known for its high-quality soymeal exports.

India’s Competitive Edge:

Organic and non-GMO soybeans.

Competitive pricing compared to Western exporters.

Proximity to Asian and Middle Eastern markets.

Challenges in Competing Globally: While India has advantages, challenges such as inconsistent yield, fluctuating prices, and logistical issues need addressing to solidify its global standing.

Emerging Trends and Opportunities in Soybean Export

The soybean industry is undergoing transformation due to changing consumer preferences and technological advancements. Key trends for 2024-2025 include:

Shift to Plant-Based Diets: The rise of veganism and plant-based diets globally is driving demand for soy products, including tofu, soy milk, and soy protein isolates.

Sustainability and Traceability: Exporters focusing on sustainable farming and traceability in supply chains will have a competitive edge in international markets.

Government Support: Initiatives such as export incentives, enhanced logistics, and trade agreements are expected to boost soybean exports.

Value-Added Soy Products: Diversifying into soy-derived products like soymeal, soy oil, and soy protein can open new revenue streams for Indian exporters.

Challenges Facing Soybean Export from India

Despite its growth potential, the industry faces several hurdles:

Climate Change: Unpredictable weather patterns can impact crop yields.

Infrastructure Bottlenecks: Limited storage and transportation facilities hinder efficient exports.

Price Volatility: Global soybean prices are influenced by geopolitical and economic factors, impacting Indian exports.

Addressing these challenges through policy reforms and industry collaboration will be critical for sustained growth.

Future Outlook for Soybean Export from India

The future of soybean exports from India looks promising. With the global demand for soybeans expected to rise by 15-20% in the next decade, India has the opportunity to enhance its market share. Key strategies for growth include:

Investing in sustainable farming practices.

Strengthening trade relations with emerging markets like Africa and Latin America.

Promoting value-added soy products through branding and innovation.

Conclusion

Soybean export from India are poised for remarkable growth in the 2024-2025 period. By leveraging its strengths in quality production and strategic geographic positioning, India can expand its footprint in the global soybean market. However, addressing challenges like climate change, infrastructure, and price volatility will be essential for realizing its full potential. With the concerted efforts of farmers, exporters, and policymakers, India is set to cement its position as a leading player in the global soybean trade.

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Edible Oils Market Valuation to Hit $306.92 Billion by 2029

The global edible oils market is projected to grow from USD 250.78 billion in 2024 to USD 306.92 billion by 2029, at a compound annual growth rate (CAGR) of 4.1%. This expansion is driven by a combination of increasing global population, rising disposable incomes, and evolving dietary preferences. The broad applications of edible oils across food processing, industrial uses, baking, and cooking have solidified its position as an essential commodity worldwide.

Drivers of Market Growth

Shift in Production Focus to South America

South America is emerging as a key player in the global soybean market, significantly influencing the edible oils industry. According to the OECD-FAO Agricultural Outlook 2023–2032, global soybean production is projected to grow by 0.9% annually over the next decade, a slowdown compared to the previous decade’s 2.2% growth rate. However, South America, particularly Brazil, is leveraging innovative practices such as double cropping (planting soybeans after maize or wheat) to enhance output. Brazil, the world’s largest soybean producer, is expected to increase production by 0.8% annually, outpacing the US growth rate of 0.6% annually.

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Market Segment Insights

Industrial Applications Dominate Market Share

The industrial sector holds the largest edible oils market share, primarily driven by the food processing industry. Edible oils are indispensable in baking, frying, and producing processed foods due to their ability to enhance texture, flavor, and shelf life.

In Europe, the bakery industry stands as a significant driver for edible oil demand. According to the Applied Human Factors and Ergonomics (AHFE) report, the European bakery market was valued at USD 226 billion in 2020, accounting for 41% of the global market share. Countries like Germany, France, and the UK, where bread and pastries are dietary staples, are at the forefront of bakery production and consumption, spurring demand for essential oils such as palm and sunflower oils.

Asia-Pacific: The Fastest-Growing Region

Between 2024 and 2029, the Asia-Pacific region is expected to experience the fastest growth in the edible oils market. Factors contributing to this growth include:

A rapidly growing population

Increasing disposable incomes

Rising consumer preference for healthy cooking oils

Key players driving this regional growth include Wilmar International Ltd (Singapore), United Plantations Berhad (Malaysia), and the Adani Group (India). Notably, in June 2020, United Plantations Berhad launched NutroOlive, a blend of Extra Virgin Olive Oil and Red Palm Oil. This innovative product is rich in carotenoids, monounsaturated fatty acids, antioxidants, and natural vitamins. NutroOlive’s sustainability certification by the Round Table on Sustainable Palm Oil aligns with consumer demand for health-conscious and eco-friendly edible oils, reflecting the region’s commitment to premium and sustainable products.

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Innovations and Sustainability

The edible oils market is witnessing a surge in innovative products and sustainable practices. Companies are focusing on health benefits and environmental impact, catering to a growing segment of health-conscious consumers. For instance, NutroOlive’s dual-purpose use for frying, baking, and salad dressings represents the kind of innovation that resonates with modern consumers.

Profiles of Key Market Players

Prominent edible oils companies include:

ADM (US)

Bunge (US)

Associated British Foods plc (UK)

Wilmar International Ltd (Singapore)

United Plantations Berhad (Malaysia)

Sime Darby Berhad (Malaysia)

BORGES AGRICULTURAL & INDUSTRIAL EDIBLE OILS, S.A.U. (Spain)

Cargill Incorporated (US)

GrainCorp (Australia)

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Mustard Oil Market Segmentation, Parameters : 2023 - 2030

The Mustard Oil Market Trend was USD $22.3 billion in 2022 and is expected to Reach USD 31.59 billion by 2030 and grow at a CAGR of 3.6 % over the forecast period of 2023-2030.

The Mustard Oil growth is estimated to be majorly driven by growing economies of Asia Pacific region. The growing demand of Mustard Oil from the wind energy, marine, and packaging end-use industries in China, India, Japan, and Australia is driving the growth of Mustard Oil in Asia Pacific region

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Mustard Oil Market Grows with Rising Demand for Natural Cooking Oils and Therapeutic Applications

The global Mustard Oil Market is witnessing steady growth, driven by increasing consumer preference for natural and traditional cooking oils known for their health benefits. Mustard oil, rich in omega-3 fatty acids, antioxidants, and essential vitamins, is gaining popularity for its role in promoting heart health, improving skin conditions, and supporting overall immunity. Widely used in culinary applications across Asia-Pacific regions, particularly India and Bangladesh, mustard oil is now garnering attention in global markets due to its unique flavor profile and therapeutic properties. The growing trend toward plant-based diets and natural wellness products further boosts its demand in both food and non-food sectors.

Regionally, Asia-Pacific remains the dominant market for mustard oil, supported by its deep-rooted cultural and culinary significance. However, rising awareness of its health benefits is fueling growth in North America and Europe, where consumers are increasingly exploring exotic oils for their nutritional value. Innovations in cold-pressing techniques and organic certification are enhancing the appeal of mustard oil in premium and health-focused segments. Additionally, its expanding use in cosmetics, pharmaceuticals, and aromatherapy applications positions the mustard oil market for sustained growth, catering to the needs of health-conscious and eco-conscious consumers worldwide.

Market Overview

By Type:

Black mustard

Brown mustard

White mustard

By Application:

Food and Beverages

Pharmaceuticals

Cosmetics and Personal Care

Others

The major factors driving the growth of the studied are growing demand of lightweight material from automotive industry and increasing construction activities in Asia-Pacific.

Availability of substitutes for Mustard Oil are likely to hinder the s growth.

Potential growth in wind energy is likely to create opportunities for the in the coming years.

Asia-Pacific region is expected to dominate the and is also likely to witness highest CAGR during the forecast period.

The key players covered in this report:

Adani Wilmar Limited

Archer Daniels Midland Company

Ambuja Agro Industries Ltd

Bansal Oil Mill Limited

Cargill Incorporated

K S Oils

Mother Dairy Fruit & Vegetable Pvt. Ltd.

Saloni Mustard Oil

Taj Agro Products

Emami Agro Ltd.

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Asia-Pacific Region to Dominate the

Asia-Pacific region is expected to dominate the industry. In the region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country’s manufacturing sector is one of the major contributors to the country’s economy.

China is the largest manufacturer of automobiles in the world. The country’s automotive sector has been shaping up for product evolution, with the country focusing on manufacturing products, in order to ensure fuel economy, and to minimize emissions (owing to the growing environmental concerns due to mounting pollution in the country).

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NMIMS Hyderabad

Narsee Monjee Institute of Management Studies (NMIMS) Hyderabad is one of the eight NMIMS campuses spread across the country, which was established in 2010 over a vast area of 90 acres in Mahabubnagar, Hyderabad. NMIMS Hyderabad is ranked among the top five emerging B-schools by NHRDN and has two well-developed campuses, one at Jadcherla and the other at Tarnaka. Furthermore, it is the first B-school in Hyderabad to be accredited by the prestigious Association of MBAs (AMBA).

NMIMS, Hyderabad has carved a niche for itself in the elite league of B-schools in a very short span of time. The institute is approved by AICTE and is the youngest B-school in the country to receive the prestigious and prestigious AMBA, UK accreditation.

The Hyderabad campus consists of five schools offering courses primarily in Commerce, Science, Law, Management and Pharmaceutical Sciences. Furthermore, NMIMS Hyderabad has signed MoUs with national and international organizations to provide quality education and industrial experience to the students.

The placement record at NMIMS Hyderabad is at par with the majority of the student population who have obtained PPOs in CRISIL, Adani Wilmar, Deloitte, Marico and various other companies. Shortlisting of candidates for PG admission is based on GMAC conducted by the college and NMAT score by the PI. Read more

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Edible Oil Exports from India: A Comprehensive Overview of the Growing Industry

India's edible oil market is robust, playing a crucial role in the global edible oil industry. With an expanding export landscape, India has made significant strides, positioning itself as one of the prominent players in the edible oil sector. This article delves into the statistics, top exporters, importing countries, and the overall impact of Edible Oil Exports from India on the global market.

The Importance of Edible Oil in India

Edible oil is a staple in Indian households and culinary traditions, with regional preferences dictating the type of oil used. Northern India favors mustard oil, while coconut oil is commonly used in the south. India stands as the second-largest consumer of edible oil worldwide and is also one of the leading producers. As Indian edible oils gain popularity globally, India has risen as a key exporter of edible oils.

Edible Oil Production in India: An Overview

India's agricultural economy benefits significantly from oilseed production. For the fiscal year 2023-2024, India produced an estimated 39.59 million tons of oilseeds, contributing between 5-6% of the world’s oilseed production. Key oilseed-producing states in India include:

Andhra Pradesh, Gujarat, Karnataka, Tamil Nadu: Groundnut production

Madhya Pradesh, Maharashtra, Rajasthan: Soybean production

Haryana, Rajasthan, Uttar Pradesh, West Bengal: Mustard production

These regions collectively contribute over 95% of the country’s edible oil production.

Growth Projections for India’s Edible Oil Market

The edible oil market in India is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2027, reaching USD 268.9 million. With increasing urbanization, changing food habits, and rising disposable income, demand for high-quality edible oils is set to grow. The Indian edible oil market is expected to expand from 24.7 million metric tons in 2023 to 27.9 million metric tons by 2032.

Key drivers include:

Urbanization: Changing eating habits and food choices

Increased disposable income: Rising preference for premium oils

Processed food demand: Usage of edible oil as a preservative and flavor enhancer

Edible Oil Export Data: India (2023-24)

India exported 7,070 shipments of edible oil from March 2023 to February 2024, with 300 exporters supplying products to 1,798 buyers globally. This marked a 115% increase in shipments compared to the previous year. Notably, India’s exports of oil meals, oilseeds, and minor oils reached 3.46 million tons, valued at Rs 14,609 crores in the fiscal year 2022-2023.

Top export destinations for Indian edible oil include the United States, China, and the Netherlands. In February 2024 alone, India shipped 503 edible oil cargoes, representing a 14% decrease from January 2024 and a 5% drop from February 2023 on a year-over-year basis.

Leading Indian Edible Oil Exporters

India's top edible oil exporters include major companies contributing to the country’s substantial exports:

Adani Wilmar Limited

Agro Tech Foods Ltd. (ConAgra Brands Inc.)

BCL Industries Ltd.

Bunge India Private Limited

Cargill India Private Limited

Emami Agrotech Limited

Gulab Oil And Foods Pvt. Ltd.

Sri Basant Oils Ltd.

AJ-overseas Trade

Shiv Nandi Oil

These companies play a vital role in meeting global edible oil demands, consistently delivering high-quality products.

Top Global Exporters and Importers of Edible Oil

Global demand for edible oil is substantial, with Malaysia leading the way as the largest exporter, followed by Indonesia and the Netherlands.

Top Exporting Countries

Malaysia - USD 1.66 billion

Indonesia - USD 1.52 billion

Netherlands - USD 424 million

Germany - USD 354 million

China - USD 342 million

Top Importing Countries

China - USD 786 million

Netherlands - USD 515 million

United States - USD 325 million

Malaysia - USD 271 million

Germany - USD 225 million

China, the Netherlands, and the United States represent significant markets for Indian edible oil exports, providing Indian exporters with opportunities for trade growth.

How Exportimportdata.in Supports Edible Oil Exporters

For those interested in entering the edible oil export market, platforms like Exportimportdata.in offer comprehensive, real-time data on edible oil exports and imports by country, connecting exporters with genuine buyers worldwide. The platform’s insights allow businesses to optimize trade strategies and make informed decisions.

Final Thoughts

India’s edible oil export market is growing, with significant global opportunities for Indian exporters. By adhering to international standards, maintaining quality, and implementing effective marketing strategies, Indian exporters can capitalize on this expanding sector. Exportimportdata.in offers the resources needed to support this journey, ensuring access to reliable and actionable data.

FAQ

Who are the top edible oil exporters from India?

Key exporters include Adani Wilmar, Agro Tech Foods Ltd., BCL Industries, Bunge India, and Cargill India.

Which countries import the most edible oil?

China, the Netherlands, the U.S., Malaysia, and Germany are among the largest importers.

What is the market growth expectation for edible oils in India?

The market is expected to grow from 24.7 million metric tons in 2023 to 27.9 million metric tons by 2032.

How much edible oil did India export between March 2023 and February 2024?

India exported 7,070 shipments, with a 115% increase compared to the previous year.

For more details on India’s edible oil export statistics and to connect with potential buyers, visit Exportimportdata.in.

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Exploring the Legacy of Sidhant Gupta at Kwality Ltd

Sidhant Gupta is a well-known Indian entrepreneur, recognized for his time as Director of Kwality Ltd from 2011 to 2018. During his leadership, he helped drive the company’s growth, achieving a turnover of over ₹6,000 crore and expanding its reach to 20 countries. He also led the setup of a fully owned subsidiary in the UAE, strengthening Kwality Ltd's global presence.

Sidhant Gupta graduated in Finance from Shri Venkateswara College, University of Delhi. As a forward-thinking leader, he promoted new technologies and improved management practices at Kwality Ltd, making it a top player in the dairy industry.

With deep experience working with government agencies like the Food Corporation of India, Ministry of Agriculture, and Ministry of Defence, Sidhant built successful partnerships with major brands like Adani Wilmar, Cadbury, Britannia, and Markfed. His strategic approach and business skills helped Kwality Ltd become one of the most respected names in the dairy sector during his tenure.

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How Is Maize Export from India Shaping Global Markets?

What Is Maize Export from India?

Maize export from India refers to the international trade of maize, or corn, grown in India and supplied to various countries around the world. As a staple crop, maize is widely used in food products, animal feed, and industrial applications, making it a highly demanded commodity. Over the past decade, maize exporters from India have gained significant prominence in the global agricultural trade due to the quality, competitive pricing, and increasing demand for Indian maize. In this article, we will explore the role of maize export from India in global markets, examine maize export data, and understand how India compares with other maize exporting countries.

Why Is Maize Export from India Growing?

Maize export from India has been growing rapidly, driven by several key factors:

Rising Global Demand for Maize: Maize is one of the most versatile crops, used for food, livestock feed, and even biofuel production. The rising demand for maize worldwide has opened up new opportunities for India to become a significant supplier in global markets.

Favorable Climatic Conditions in India: India’s climate is well-suited for maize cultivation, especially in states like Karnataka, Bihar, Maharashtra, and Andhra Pradesh, allowing for large-scale production.

Competitive Pricing: Indian maize is competitively priced compared to other maize exporting countries, giving Indian maize exporters a strong foothold in international markets, particularly in regions like Southeast Asia, Africa, and the Middle East.

India’s growing role in the global maize market is supported by these factors, positioning the country as an important player in maize export.

What Does Maize Export Data from India Reveal?

Maize export data from India provides crucial insights into the scale and scope of the country’s maize trade. The data helps to highlight trends in export volumes, target markets, and economic contribution. Here are key observations from maize export data:

Export Volume and Value: India exports millions of tons of maize annually, with export volumes consistently rising due to increased demand from various countries. In recent years, maize exports from India have contributed significantly to the nation’s overall agricultural export revenue.

Top Export Destinations: According to maize export data, India’s main export destinations for maize include Vietnam, Malaysia, Indonesia, Bangladesh, and the Middle East. These countries rely on Indian maize for human consumption as well as animal feed.

Growth in New Markets: The data shows a gradual expansion into newer markets, particularly in African countries and regions where food security is a priority. This diversification is helping Indian maize exporters tap into emerging demand.

Maize export data underlines India’s role as a leading maize supplier in key international markets.

Who Are the Leading Maize Exporters from India?

Several prominent companies play a major role in India’s maize export sector. These maize exporters from India ensure that high-quality maize is produced, processed, and shipped to meet international standards. Some of the leading maize exporters from India include:

Adani Wilmar Ltd.: One of the largest agribusinesses in India, Adani Wilmar exports various agricultural products, including maize. The company is known for its extensive network and ability to meet global demand efficiently.

Olam Agro India Pvt. Ltd.: Olam is a global leader in agribusiness and food products, and its Indian subsidiary focuses on exporting maize and other grains to international markets, particularly in Southeast Asia and Africa.

Shree Sheela International: Specializing in exporting grains and cereals, including maize, Shree Sheela International is a significant player in India’s maize export industry. The company focuses on delivering high-quality maize to countries across Asia and Africa.

These maize exporters from India are instrumental in ensuring that the country’s maize reaches global markets, meeting both quantity and quality requirements.

How Does India Compare to Other Maize Exporting Countries?

India is one of the prominent maize exporting countries, but it faces competition from other major maize exporters globally. Here’s how India stacks up against the leading maize exporting countries:

United States: The U.S. is the largest maize exporter in the world, accounting for a significant share of global maize exports. The country benefits from advanced farming technologies and high yields, giving it an edge in terms of volume. However, India’s maize is often more competitively priced, making it attractive to price-sensitive markets.

Brazil: Brazil is another key player in the maize export market, with its high production capacity allowing it to supply maize to regions like Southeast Asia and Africa. Brazil competes directly with India in several markets.

Argentina: Argentina ranks among the top maize exporting countries, thanks to its large-scale production. Like Brazil, Argentina’s maize exports primarily serve the animal feed industry, making it a competitor to Indian maize in similar markets.

Although these countries dominate the maize export industry, India’s cost advantage and growing production capacity allow it to maintain a strong position in the global market.

What Are the Challenges Faced by Maize Exporters from India?

Despite the success of maize export from India, there are several challenges that maize exporters from India must address to remain competitive in the global market:

Price Fluctuations: Global maize prices are influenced by factors such as weather conditions, changes in demand, and geopolitical issues. Price volatility can affect the profitability of maize exporters and create uncertainties in trade.

Logistics and Infrastructure Issues: Efficient transportation and storage are essential for preserving the quality of maize during export. However, inadequate infrastructure, including cold storage and port facilities, can hinder the smooth export process.

Meeting International Standards: Exporters must ensure that their maize complies with the stringent safety and quality standards set by international markets. Factors like pesticide residues, moisture content, and non-GMO certification can impact export potential.

Addressing these challenges is essential for ensuring the continued growth of India maize export and maintaining a strong competitive position globally.

What Are the Opportunities for Growth in Maize Export from India?

Despite challenges, the maize export sector in India offers several growth opportunities that can further boost India’s position as a leading maize exporter:

Expansion into New Markets: While India already exports maize to key markets in Southeast Asia and the Middle East, there are opportunities to expand into new regions like Latin America and Europe, where demand for maize is growing. By diversifying its export markets, India can reduce reliance on specific regions and improve market stability.

Increased Demand for Organic Maize: With growing global demand for organic and non-GMO products, Indian maize exporters have an opportunity to tap into this niche market. By focusing on sustainable farming practices, Indian exporters can appeal to health-conscious consumers.

Value-Added Products: There is significant potential for maize exporters from India to venture into value-added products, such as maize flour, corn oil, and starch. These products have higher profit margins and are in demand in both developed and emerging markets.

By capitalizing on these growth opportunities, maize exporters from India can enhance their market share and improve profitability in global trade.

How Can Maize Exporters in India Stay Competitive?

To remain competitive in the global market, maize exporters from India must adopt several key strategies:

Investing in Technology: Implementing advanced farming and processing technologies can help improve maize yields and enhance product quality. Automation and precision farming techniques can also reduce production costs, making Indian maize more competitive in global markets.

Improving Infrastructure: Strengthening the export infrastructure, including logistics, storage, and transportation facilities, is crucial for ensuring timely and efficient delivery of maize shipments. Collaborating with the government to improve infrastructure can help address existing bottlenecks.

Focusing on Sustainability: With consumers and governments worldwide placing greater emphasis on sustainability, Indian maize exporters should prioritize environmentally friendly practices, such as using fewer chemical inputs and promoting organic farming.

These strategies will enable Indian maize exporters to stay competitive and thrive in an increasingly dynamic and challenging global market.

Conclusion: How Is Maize Export from India Shaping Global Markets?

Maize export from India is playing an increasingly important role in global agricultural trade. With rising demand for maize worldwide, Indian maize exporters are well-positioned to meet the needs of international markets. Maize export data highlights India’s growing presence in key regions such as Southeast Asia, Africa, and the Middle East. Despite challenges, such as price fluctuations and infrastructure issues, India continues to strengthen its position among top maize exporting countries by leveraging its competitive pricing and expanding market reach. With opportunities in organic maize and value-added products, the future of maize export from India looks promising, ensuring that the country remains a key player in the global maize market.

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Sidhant Gupta of Kwality Ltd Everybodywiki Profile

Sidhant Gupta is an Indian entrepreneur and former Director of Kwality Limited, where he played a key role in the company's growth and strategic planning from 2011 to 2018. Under his leadership, Kwality Limited achieved a turnover of over ₹6,000 crore and expanded its operations to 20 countries, including establishing a wholly owned subsidiary in the UAE. His efforts were instrumental in positioning Kwality as one of the most prominent companies in the dairy industry.

Sidhant Gupta is a management graduate in finance from Shri Venkateswara College, University of Delhi, one of India’s leading institutions. His experience spans a wide array of industries, including dairy, edible oil, and real estate. Throughout his career, he has worked with various government entities such as the Food Corporation of India, Ministry of Agriculture, Ministry of Defence, and the Canteen Stores Department. Additionally, he has collaborated with several multinational corporations, including Fortune 500 companies like Adani Wilmar, Cadbury, Britannia, and Markfed.

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Adani Wilmar Stock Review: Everything You Need to Know About the Agribusiness Giant

We hope that you enjoyed reading this article and learned something new about Adani Wilmar and its stock potential. If you have any feedback, questions, or comments, please feel free to share them with us. We would love to hear from you and learn from you

Adani Wilmar is one of India’s leading agribusiness companies, with a diversified portfolio of products ranging from edible oils, grains, pulses, rice, sugar, to animal feed, biodiesel, and oleochemicals. It is a joint venture between Adani Group, India’s largest infrastructure conglomerate, and Wilmar International, Asia’s leading agribusiness group.In this blog post, (Adani Wilmar Stock Review…

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An In-Depth Look at Indian Palm Oil Imports in 2024

India, the world's largest importer of edible oils, has a substantial reliance on palm oil imports. As of 2024, the country's demand for palm oil remains steady due to its versatile use in food processing, cosmetics, and even biodiesel production. This article will take a closer look at the Indian palm oil imports,  importers of palm oil in India, why India is so reliant on palm oil, and who the biggest importers of palm oil are.

Overview of Palm Oil in India

India's population, which crossed the 1.4 billion mark in 2023, continues to expand its consumption patterns, making palm oil a critical component of the country's dietary needs. Indian households and industries use palm oil for cooking, frying, and as a base ingredient in various packaged goods, such as margarine, instant noodles, and baked products. Moreover, its non-food applications in soaps, detergents, and personal care products underscore the importance of palm oil across industries.

Why India Imports Palm Oil

Palm oil is favored not only for its versatility but also for its cost-effectiveness. Compared to other edible oils like sunflower oil or soybean oil, palm oil is cheaper, thanks to its high yield per hectare and its cost-efficient production in tropical regions like Indonesia and Malaysia.

Although India does produce some palm oil, the domestic output falls short of the demand. India's climatic conditions are less suited for large-scale palm plantations compared to tropical countries. The country relies on imports to meet about 70% of its total edible oil demand, and palm oil accounts for the bulk of this figure.

Key Sources of Indian Palm Oil Imports

Historically, India's palm oil imports have come primarily from Indonesia and Malaysia. Together, these two nations account for nearly 90% of the global palm oil supply, making them the natural partners for Indian importers. In recent years, however, other players have started emerging on the radar, albeit in smaller capacities.

Indonesia remains India's largest supplier, providing both crude palm oil (CPO) and refined, bleached, and deodorized (RBD) palm oil. Indonesia's vast palm plantations and competitive pricing make it the primary destination for India's importers.

Malaysia, which had been second to Indonesia in recent years, continues to be a vital partner, especially for refined products. Malaysia’s quality and reputation in the international palm oil market make it a preferred source for Indian refiners looking for premium-quality products.

Importers of Palm Oil in India

The structure of the Indian palm oil market is heavily reliant on a network of refiners and traders who act as the importers of palm oil in India. These companies source crude and refined palm oil from international markets and distribute it throughout the country to meet consumer demand. Some of the key players in the Indian market include:

Adani WilmarOne of the biggest names in the edible oil sector, Adani Wilmar is a major importer of palm oil in India. Its flagship brand, "Fortune," is well-known throughout the country, and a significant portion of its products contain palm oil. Adani Wilmar imports crude palm oil, refines it, and distributes it to both retail and industrial sectors.

Ruchi Soya IndustriesPart of the Patanjali Group, Ruchi Soya is another leading player in the Indian edible oil market. The company has a long history of palm oil imports and is known for its "Nutrela" brand. Ruchi Soya imports significant quantities of crude palm oil, processes it in its extensive refining facilities, and markets it across India.

Emami AgrotechKnown for its edible oil brands like "Healthy & Tasty," Emami Agrotech is another major importer of palm oil. The company imports both crude and refined palm oil, and its brands enjoy significant popularity among Indian consumers.

Cargill IndiaAs a subsidiary of the global giant Cargill, the Indian arm of this multinational corporation is also deeply involved in the palm oil trade. Cargill India imports large quantities of palm oil, leveraging its global supply chain network to meet the demands of Indian consumers.

Godrej AgrovetGodrej Agrovet is a key player in the agricultural and food processing sectors. The company not only imports palm oil but also engages in palm cultivation within India, although its production capacity is limited compared to imports. Its brand portfolio includes various edible oils, with palm oil being a key ingredient.

Trends in 2024: Indian Palm Oil Imports

As of 2024, several factors have shaped the Indian palm oil market, influencing the buying patterns of the biggest importers of palm oil:

Government PoliciesThe Indian government has periodically adjusted import duties on edible oils, including palm oil, to protect domestic producers while ensuring affordability for consumers. In 2024, the government continues to balance between reducing duties to curb inflation and protecting local oilseed farmers.

Shifts in Global PricesGlobal palm oil prices fluctuate due to various factors, including production output in Indonesia and Malaysia, labor shortages, and the impact of environmental policies in producing countries. Any increase in global palm oil prices directly impacts the import costs for India, making it essential for Indian importers to monitor international trends closely.

Growing Environmental ConcernsPalm oil production has been criticized for contributing to deforestation and environmental degradation, especially in Southeast Asia. In response, there has been growing demand for sustainably sourced palm oil. Indian importers are increasingly looking to source palm oil from suppliers that adhere to sustainability standards like the Roundtable on Sustainable Palm Oil (RSPO) certification.

Rise of Domestic ProductionWhile India will continue to depend on imports for the foreseeable future, there are efforts underway to boost domestic palm oil production. The Indian government has launched the National Mission on Edible Oils – Oil Palm (NMEO-OP) to reduce import dependence by promoting domestic palm cultivation. However, this is a long-term initiative, and significant results are yet to be seen in 2024.

The Biggest Importers of Palm Oil in 2024

As outlined earlier, companies like Adani Wilmar, Ruchi Soya, Emami Agrotech, Cargill India, and Godrej Agrovet continue to be the biggest importers of palm oil in India. These companies have well-established supply chains, strong relationships with international suppliers, and extensive refining and distribution networks across the country.

These large corporations play a pivotal role in ensuring that India's palm oil demand is met consistently, despite the various challenges that crop up due to global supply chain disruptions or price fluctuations.

Conclusion

In 2024, Indian palm oil imports continue to be essential for the country's food security and economic stability. Companies like Adani Wilmar, Ruchi Soya, Emami Agrotech, Cargill India, and Godrej Agrovet remain the backbone of India's palm oil supply chain, ensuring the availability of this vital product. Although India is working toward self-reliance in palm oil production, it is clear that imports will remain crucial for the foreseeable future. However, if you need a detailed report on the biggest importer of palm oil in India, palm oil import data or global trade data connect with Seair Exim Solutions.

Frequently Asked Questions (FAQs)

Q1. Why does India import so much palm oil?India imports a large quantity of palm oil because its domestic production of edible oils, including palm oil, is insufficient to meet the demand. Palm oil is cost-effective, versatile, and widely used in cooking, food processing, and non-food products, making it a vital import for India.

Q2. Who are the biggest importers of palm oil in India?Some of the biggest importers of palm oil in India include Adani Wilmar, Ruchi Soya Industries, Emami Agrotech, Cargill India, and Godrej Agrovet. These companies import significant amounts of palm oil and distribute it to meet the growing domestic demand.

Q3. Where does India primarily import palm oil from?India primarily imports palm oil from Indonesia and Malaysia, which together account for the vast majority of the global supply. Indonesia is the largest supplier of palm oil to India, followed closely by Malaysia.

Q4. How do global palm oil prices affect Indian palm oil imports?Global palm oil prices directly impact Indian palm oil imports. Fluctuations in production levels, labor shortages, or environmental regulations in palm oil-producing countries can lead to price changes, affecting the cost of imports and consumer prices in India.

Q5. Is India working on reducing its reliance on palm oil imports?Yes, India has launched initiatives like the National Mission on Edible Oils – Oil Palm (NMEO-OP) to boost domestic palm oil production. However, due to the high demand and limited production capacity, India will continue to rely on imports in the near future.

[adanicase]

 The company has already signed the share purchase agreement with OCIPL for an enterprise value of INR 56.25 crore, which will be paid in cash. This will allow the company to enjoy enhanced business profitability. The controversies of Adani shares overleveraged will come to an end.

[shrilalmahal1]

Top Basmati Rice Exporters to Watch in 2024

Basmati rice, known for its distinctive aroma and long grains, is a staple in many cuisines around the world. As demand for this premium rice variety continues to grow, several exporters have emerged as key players in the global market. In 2024, these companies are set to make significant strides in the Basmati rice industry. Here are the top Basmati rice exporters to watch this year.

1. KRBL Limited

KRBL Limited is a giant in the Basmati rice industry, renowned for its high-quality products. With over 130 years of experience, KRBL has established itself as a leading exporter, offering a wide range of Basmati rice varieties under popular brands like India Gate and Doon. Their commitment to quality and innovation makes them a top contender in the global market.

2. LT Foods Limited

LT Foods Limited, the parent company of the well-known brand Daawat, has been a significant player in the Basmati rice export sector. Their extensive product range and robust supply chain have helped them maintain a strong presence in international markets. LT Foods' focus on sustainability and quality assurance sets them apart from their competitors.

3. Amira Nature Foods Ltd.

Amira Nature Foods Ltd. is a global provider of packaged Indian specialty rice, including Basmati. With a history spanning over a century, Amira has built a reputation for delivering premium quality rice to over 60 countries. Their dedication to preserving the traditional qualities of Basmati rice while meeting modern consumer demands makes them a noteworthy exporter.

4. Kohinoor Foods Ltd.

Kohinoor Foods Ltd. is another major exporter of Basmati rice, offering a wide range of premium products. Known for their meticulous quality control and innovative packaging, Kohinoor Foods has successfully penetrated various international markets. Their flagship brand, Kohinoor, is synonymous with authentic Basmati rice.

5. Shri Lal Mahal Group

The Shri Lal Mahal Group has been a prominent name in the Basmati rice export industry for decades. Their commitment to quality and customer satisfaction has earned them a loyal customer base worldwide. The group’s focus on continuous improvement and adherence to international standards makes them a reliable exporter to watch in 2024.

6. Tilda Hain Celestial Group

Tilda, a part of the Hain Celestial Group, is renowned for its premium Basmati rice products. With a strong presence in Europe and North America, Tilda has set the benchmark for quality and consistency. Their innovative products, such as ready-to-eat rice pouches, cater to the modern consumer's needs, making them a key player in the market.

7. Shaan Food Products Pvt. Ltd.

Shaan Food Products Pvt. Ltd. is a rising star in the Basmati rice export industry. With a focus on quality and innovation, they have quickly gained recognition in international markets. Their commitment to sustainable practices and fair trade adds value to their premium product offerings.

8. Bush Foods Overseas Pvt. Ltd.

Bush Foods Overseas Pvt. Ltd., known for their Neesa and Himalayan Crown brands, has made significant inroads in the global Basmati rice market. Their emphasis on quality control and modern processing techniques ensures that their products meet the highest standards, making them a formidable exporter in 2024.

9. Adani Wilmar Limited

Adani Wilmar Limited, a joint venture between Adani Group and Wilmar International, is a key player in the agri-business sector, including Basmati rice exports. Their Fortune brand is well-recognized for its quality and reliability. With a strong distribution network and advanced processing facilities, Adani Wilmar is poised for growth in the Basmati rice export market.

10. Sanjay Agro Export Pvt. Ltd.

Sanjay Agro Export Pvt. Ltd. has been steadily gaining traction in the Basmati rice export industry. Their dedication to providing high-quality rice and their strategic market expansion efforts make them a promising exporter to watch in 2024. Their focus on maintaining traditional cultivation methods while adopting modern technologies sets them apart.

Conclusion

The global Basmati rice market is thriving, with these top exporters leading the way in 2024. Their commitment to quality, innovation, and sustainability ensures that consumers around the world can enjoy the finest Basmati rice. Keep an eye on these companies as they continue to shape the future of the Basmati rice industry.

[pristineintelligenceresearch]

Global Rapeseed Oil Market Research Report 2023-2030

Rapeseed Oil Market Size Was Valued at USD 24,466.61 Million in 2023 and is Projected to Reach USD 35,591.07 Million by 2030, Growing at a CAGR of 5.50% From 2023–2030.

Rapeseed oil, derived from the seeds of the rapeseed plant, is a versatile cooking oil with a mild flavor and high smoke point, making it suitable for various culinary applications such as frying, baking, and salad dressings. Its rich composition of healthy fats, including omega-3 and omega-6 fatty acids, makes it a popular choice for health-conscious consumers. 

In recent years, the market for rapeseed oil has seen growth due to increased demand for healthier cooking oils, as well as its versatility and sustainability compared to other oil options. Additionally, rapeseed oil is gaining traction in industrial applications, including biodiesel production, further driving its market expansion. As consumers seek out healthier and environmentally friendly alternatives, rapeseed oil is poised to maintain its position as a key player in the cooking oil market.

📚𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 >> https://pristineintelligence.com/request-sample/global-rapeseed-oil-market-45

Top Key Players Involved Are:

“Archer-Daniels-Midland Company (USA), Bunge Limited (USA), Cargill Incorporated (USA), Conagra Brands Inc. (USA), Cullise Ltd. (UK), Interfat SA (Spain), Louis Dreyfus Company B.V. (Netherlands), Mackintosh of Glendaveny (UK), Ola Oils Limited and Yorkshire Rapeseed Oil (UK), American Vegetable Oils Inc. (USA), Adani Wilmar Ltd. (India), Associated British Foods plc. (UK), Adams Group Inc. (USA), Marico Limited (India), Borges International Group S.L.U (Spain), Ruchi Soya Industries Limited (India), and other key players.”

The rapeseed oil market is being driven by several key factors, including the growing consumer preference for healthier cooking oils. With increasing awareness of the health benefits associated with consuming omega-3 and omega-6 fatty acids, rapeseed oil’s nutritional profile has positioned it as a favorable option for health-conscious consumers seeking alternatives to traditional oils like soybean or sunflower oil. Additionally, rapeseed oil’s high smoke point makes it suitable for a wide range of culinary applications, including frying and baking, further expanding its appeal among home cooks and chefs.

The Rapeseed Oil Market Segmentation:

By Type

Processed

Virgin

By Nature

Conventional

Organic

By Application

Food Processing

Bio Fuel

Cosmetics & Personal Care

Animal Fee

By Extraction Process

Aqueous Process

Enzyme Based Process

By Distribution Channel

Supermarkets and Hypermarkets

Independent Retail Stores

Business to Business

Online Sales Channels

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Key Industry Development:

In March 2024, Bunge and Chevron announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA. The plant features a flexible design, intended to allow it to process soybeans as well as softseeds, including novel winter oilseed crops, such as winter canola and CoverCress, among others. Expected to be operational in 2026, the processing facility aims to add scale and efficiencies to Bunge Chevron Ag Renewables, which will allow the company to better meet the increased market demand for renewable fuel feedstocks.

In December 2023, ADM, a global leader in human and animal nutrition, announced that it had reached an agreement to acquire UK-based FDL, a leading developer and producer of premium flavor and functional ingredient systems. FDL, with projected 2023 sales of approximately $120 million, operates three production facilities and two customer innovation centers, all in the United Kingdom. The company’s approximately 235 colleagues, which include about 40 dedicated innovation specialists, have created more than 10,000 proprietary flavor formulations that enable accelerated speed to market.

[aryakumari]

Lists of Biggest Manufacturers and Exporters of Castor Oils In India

India is a major producer and exporter of castor oil, with multiple companies involved in its production and export. However, specific rankings and market shares may change over time. Use B2B website such as Tradebrio, Indiamart and alibaba etc. On these platforms you can find the list of trusted castor oil manufacturers in India. Some of the biggest manufacturers and exporters of castor oil in India include:

Jayant Agro-Organics Limited: Jayant Agro-Organics is a major producer of castor oil and its derivatives in India. They have a strong presence in both the domestic and international markets.

2. NK Industries Limited: NK Industries is another major producer and exporter of castor oil and its derivatives. The company's castor oil product portfolio is diverse, catering to a variety of industries.

3. Ambuja Solvex Pvt. Ltd.: Ambuja Solvex is a major player in India's castor oil industry, known for its high-quality products. They have a robust distribution network, both domestically and internationally.

4. Gokul Overseas: Gokul Overseas is an established manufacturer and exporter of castor oil and its derivatives. The company is well-known for its product reliability and consistency.

5. Adani Wilmar Limited: Adani Wilmar is largest castor oil manufacturers in Delhi, producing castor oil and its derivatives. They have a strong presence in both the domestic and international markets.

These companies, among others, play an important role in India's castor oil industry, contributing significantly to the country's export revenue and economic growth. However, it is critical to confirm the current status and rankings, as the industry landscape may have changed since my last update. Check our list of castor oil suppliers in India and get the castor oil at affordable prices.

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Sidhant Gupta Kwality Ltd Pinterest Profile

Sidhant Gupta experience went beyond the corporate world, as he built successful partnerships with government bodies like the Food Corporation of India, the Ministry of Agriculture, the Ministry of Defence, and the Canteen Stores Department. At the same time, he developed strong ties with top multinational companies, including Fortune 500 firms like Adani Wilmar, Cadbury, Britannia, and Markfed. These partnerships were crucial in boosting Kwality Ltd’s reputation as one of the most respected and valued companies in the dairy industry.

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