Oil Mill

INTRODUCTION
Oil seed crops occupy an important place in the agriculture and industrial economy of the country. India is perhaps the only country in the world having the largest number of commercial varieties of oil seeds. An oil mill is a grinding mill designed to crush oil bearing seeds which is pressed to extract vegetable oils which is used for cooking or as bio fuels. India has unique natural conditions for the growth of various oil crops, including cotton, soybean, soybean, peanut, mustard and more.

PRODUCTS AND ITS APPLICATION
Edible oil is the major elements of our meals and every person uses of various edibles oils in food every day in one or the other form. Many regions of India are quite prosperous in respect of the oil seeds

MARKET POTENTIAL
▶ There is ever green demand for oil because every house hold and hotel uses oil every day in food items like curries and biryanis etc.
▶ Since it is a consumer product the market is growing. The country’s vegetable oil consumption was at 23 million tonne in 2017.
▶ The global market is projected to exceed 275 million metric tonne by 2024, driven by growing consumer interest in healthy, organic and unprocessed vegetable oils.
▶ Rising importance of vegetable oils as key functional ingredients which reduce the risk of cardiovascular disorders along with lowering the possibility of breast cancer is projected to remain a favourable growth driver.
▶ Furthermore, rising popularity of omega-3 fatty acid as a nutritional constituent in food industry on account of its exceptional anti-inflammatory properties is projected to prompt the adoption of oil produced from soybean, canola, and flax seeds.