India Margarine Market Size & Outlook, 2019-2027

The margarine market in India is expected to reach a projected revenue of US$ 165.8 million by 2027. A compound annual growth rate of 3.4% is expected of India margarine market from 2020 to 2027.
Revenue, 2019 (US$M)
$127.2
Forecast, 2027 (US$M)
$165.8
CAGR, 2020 - 2027
3.4%
Report Coverage
India

India margarine market highlights

  • The India margarine market generated a revenue of USD 127.2 million in 2019 and is expected to reach USD 165.8 million by 2027.
  • The India market is expected to grow at a CAGR of 3.4% from 2020 to 2027.
  • In terms of segment, hard was the largest revenue generating product in 2019.
  • Liquid is the most lucrative product segment registering the fastest growth during the forecast period.

Margarine market data book summary

Market revenue in 2019USD 127.2 million
Market revenue in 2027USD 165.8 million
Growth rate3.4% (CAGR from 2019 to 2027)
Largest segmentHard
Fastest growing segmentLiquid
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationHard, Soft, Liquid
Key market players worldwideBunge Global SA, Conagra Brands Inc, Wilmar International Ltd, BRF SA ADR, Cargill, Uni-President China Holdings Ltd, KKR & Co Inc Ordinary Shares, China Mengniu Dairy Co Ltd, YILDIZ HOLDING, Namchow

Other key industry trends

  • In terms of revenue, India accounted for 3.5% of the global margarine market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, China margarine market is projected to lead the regional market in terms of revenue in 2027.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 165.8 million by 2027.

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Margarine Market Scope

Margarine market segmentation & scope

Margarine Market Companies

Name Profile # Employees HQ Website

India margarine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to margarine market will help companies and investors design strategic landscapes.


Hard was the largest segment with a revenue share of 50.55% in 2019. Horizon Databook has segmented the India margarine market based on hard, soft, liquid covering the revenue growth of each sub-segment from 2016 to 2027.


  • India Margarine Product Outlook (Revenue, USD Million, 2016-2027)
    • Hard
    • Soft
    • Liquid
  • India Margarine Application Outlook (Revenue, USD Million, 2016-2027)
    • Commercial
    • Household

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Target buyers of India margarine market databook

  • Our clientele includes a mix of margarine market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India margarine market , including forecasts for subscribers. This country databook contains high-level insights into India margarine market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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India margarine market size, by product, 2016-2027 (US$M)

India Margarine Market Outlook Share, 2019 & 2027 (US$M)

India margarine market size, by product, 2016-2027 (US$M)

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