Plans to develop innovative products that cater to customers’ tastes and preferences
BN Group currently has a robust presence in Uttar Pradesh, Uttarakhand, Gujarat, and other regions of Northern India. However, the company is now looking to expand its retail distribution network in Rajasthan, Maharashtra, Punjab, Haryana, Himachal Pradesh, and the National Capital Region. The company has a corporate presence in Mumbai and Noida, with its Promoter Office located in New Delhi.
BN Group, an established manufacturer of edible oils in India, has been operating for more than a decade, mainly serving the B2B market through retail brands such as Simply Fresh and Healthy Value. The company is now looking to shake up the market by introducing new products.
In 2022, the Indian edible oil market grew by 24.3 million tonnes. Projections indicate continued growth with a 5.1 percent volume growth in 2024. The average volume per person in the Edible Oils segment is expected to reach 4.47 kg in 2023. The surge in demand for premium and value-added oils can be attributed to a growing awareness of health concerns. This trend is further bolstered by factors such as population growth, economic expansion, bulk exports, and improved agricultural yields.