India’s edible oil consumption soars: Per capita intake to hit 40 Kg by 2030
India’s edible oil consumption has surged from 3.2 kg per capita in 1960-61 to a projected 40.3 kg by 2030-31, driven by rising incomes and urbanization. Despite this growth, India remains import-dependent, meeting 60% of its demand through imports. The challenge now lies in balancing rising consumption with domestic production and promoting healthier, sustainable alternatives.
India’s edible oil consumption has witnessed a dramatic rise over the decades, with per capita intake increasing nearly eightfold from 3.2 kg per year in 1960-61 to a projected 40.3 kg by 2030-31, according to a Niti Aayog study. The upward trajectory is attributed to rising incomes, urbanization, and changing food habits.
By 1980-81, consumption edged up slightly to 3.8 kg, but a sharp jump was observed in the 21st century, reaching 8.2 kg in 2000-01. The numbers further surged to 19.7 kg by 2020-21 and are expected to touch 25.3 kg in 2024-25, before hitting an estimated 40.3 kg by 2030-31.
Despite being one of the world’s largest consumers of edible oil, India remains heavily dependent on imports, with nearly 60% of domestic demand met through overseas purchases. This rising consumption trend puts additional pressure on India’s import bill and underscores the need for domestic oilseed production expansion.
With health concerns and sustainability becoming key discussion points, will India balance rising demand with self-sufficiency and healthier alternatives in the coming years?
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Source : Business Up Turn
