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- Olive Oil for India - will it be popular?
Olive Oil for India - will it be popular?
Indian OO in 2017 at $59m, growing to $127m by 2025 at CAGR 10%
The olive oil industry in India has seen considerable growth in the current years due to a rise in health-conscious by consumers. The olive oil market has become more competitive and price-sensitive because of the high potential and steady upsurge of the olive oil market.
Pomace Olive Oil dominattes by far
Virgin Olive Oil is very expensive
Refined is next common
OO is rich in monosaturated fats with anti-oxidants like Vit D, E, A, K and Beta-Carotene and can be used in health foods, but in India it is added to high value cosmetics.
One reason Oo is not popular in India mass is tradition of cooking and frying make it not usable for traditional recipes.
Olive oil has a low smoke point of 240C and thus can be consumed raw.
Cosmetics and Beauty Care
Currently OO is a niche for upper class tastes only following western tastes eg in salads and especially pasta due to its lighter taste and flavors.
Olive oil for Health
OO consumption is mainly considered healthy as it is related to a lower risk of heart disease and various cancers including colorectal and breast cancer. Olive oil is also having rich content of monounsaturated fatty acid and antioxidants for instance polyphenols, chlorophyll, vitamins E, K, and carotenoids.
Lessons from Israel - Arid Agriculture, high value
Production Oo Factories
OO is made by pressing whole olives.
For beginning an olive oil production unit, you must get license and registration approvals.
- Company registration with ROC
- Trade license
- SSI registration
- Factory license
- Food operator license
- BIS certification
- 'No Objection' from the pollution control board
- AGMARK certification
- Fire license
The olive cold-pressed oil is a new type of Screw Oil Press Machine that needs pressing rings or pressing bars to obtain the oil from olives. Compared to numerous olive oil presses in the market, screw olive oil pressers can get olive materials steadily which can improve the total oil yield.
The oil obtained by our olive oil machine is of high quality, with vibrant color, and is having a good fragrance. Mainly, it is less costly when compared to the type of oil production machinery and will provide the same olive oil production output.
Olive oil cold press machine -- Hydraulic oil press
Hydraulic oil press extracts oil from olives by the hydraulic principle. The whole oil extraction process is simple. If you check the screw oil press machine, the hydraulic olive oil press machine is expensive. The hydraulic oil press is also popular as an olive oil cold press machine.
The prepared olives are placed on magnets to separate dirt and unwanted trace metal before de-hulled and sent through the cleaning machine to separate other foreign materials.
The prepared olive oil seeds are placed over magnets to remove the dust and trace metal before de-hulled. To have a greater surface area for the step of pressing, the de-hulled seeds are grounded into a coarse meal are regular in shape by mechanized grooved rollers or hammer mills. Then this meal is heated prior to the oil extraction step.
During the oil pressing, some waste and impurities are also gathered with the oil, and they must be removed before the oil is packaged so that it can be used up. The heated metal is then placed slowly into a screw press, which enhances the pressure continued as the meal passes through a slotted barrel. Pressure gradually increases from 68,950 to 206,850 kilopascals as the oil is screwed out from the slots in the barrel, and next gathered.
Extracting additional oil with solvents
After the initial oil is gained from the screw press, the oil cake present in the press is refined by the using solvent extraction process to gain more yield. A volatile hydrocarbon (the famously known as hexane) dissolves the oil from the oil cake, and then the oil is removed by distilling the solvent out, and then the solvent is sent through the matter to be collected at the bottom.
Removing solvent traces
90% of the solvent remaining in the extracted oil easily evaporates and it is collected for reuse. The residual solvent is collected by the use of the stripping column. The oil is heated by steam, and the lighter solvent is available on top, and when it condenses, it is collected later.
The product type segment of olive oil comprises; boiled olive oil, raw olive oil, and doubled boiled. The raw oil is many times used like core oils, in paints, caulking compounds, as tempering oil, etc., the boiled and doubled boiled olive oil is used in paints where the drying period is reduced.
Investment to start a production of cold-pressed Olive oil in India
You can obtain the oil from seeds by use of some machinery, the cost of which have been listed below:
- The automatic cold-pressed oil machine costs 2.5 lakh to 3 lakhs
- Screw expeller comes in around Rs. 25,000 to Rs. 50,000
- Cooker and filter press are purchased at Rs. 60,000 to Rs. 80,000
- Storage tank for oil will be around Rs. 50,000
- Sealing machine in the packaging of the oil packets it can be purchased at Rs. 3 lakh
- The expenditure for taxes, licenses, and registration process could be around Rs. 1.5lakh
- Rental costs, factory