Consumer Goods and Retail Report Blog

India Specialty Fats & Oils Market is projected to grow at a CGAR of over 6% during 2019-2024 owing to rapid growth of the middle-class population, growing popularity of processed dairy products, increasing demand for bakery & confectionery products and growing health awareness among consumers. Based on application, the market has been categorised into Chocolates & Confectioneries, Processed Foods, Bakery Products, Dairy Products and Others. The demand for bakery products and dairy products in India is increasing at a highest rate which propel the Specialty Fats & Oils Market. Based on Form, the market has been categorised into dry and liquid segment. The dry segment dominated the market and is expected to maintain its dominance over the next five years as well since their dry form helps them to function as a replacer for dairy and cocoa fats, moreover, the dry form is easy to transport. Moreover, increasing demand for the product that benefit to health is further prope