India’s vegetable oil demand is expected to grow steadily till 2034, driven by rising incomes and population, says the OECD-FAO report.

• Per capita consumption is projected to rise 2.5% annually, reaching 13 kg/person by 2034, boosted by domestic production.
• Imports mainly from Indonesia and Malaysia will slow as India pushes for oilseed self-reliance through government programs.
• Total vegetable oil imports are still expected to grow 2% yearly, hitting 21 million tonnes by 2034 amid rising demand.