New Delhi, January 11, 2021.
Olive oil is considered as one of the best for health amongst all oil types and has therefore commanded a premium on price, until now. Not anymore, Del Monte, a popular brand within the Olive oil segment, has launched a special 1 litre pouch pack priced at Rs 250 only, thereby making this healthy oil affordable like never before.
The move is surely expected to disrupt the Rs 40,000 crore edible oil market in our country, considering that price has been reported to be the single biggest barrier which has prevented families from shifting to Olive Oil segment until now. The pack has already hit the markets in Delhi-NCR, Bengaluru, Chennai, Mumbai, Hyderabad, Punjab and is available on leading e-commerce platform(s) as well.
This new pack carries a special variety of Olive oil called Olive Pomace Oil, which is imported directly from Europe and was only available in bottles, at a premium, here in India until now. Olive Pomace Oil is known to have zero Cholestrol with no Trans-fats, and instead carries high good fats ( MUFA/ PUFA) and anti-oxidants. It is considered ideal for deep frying apart from everyday Indian cooking.
‘’We have always given highest priority to quality and healthy options while bringing products to the market. This is the first ever affordable pack launch for Olive Pomace Oil pack in India. Home consumption during the lockdown has gone up tremendously and the new affordable pack will further drive the growth in this segment,’’ says Mr Yogesh Bellani, CEO FieldFresh Foods Pvt. Ltd (that manages the Del Monte brand in India).
This new affordable pack of olive Oil from Del Monte has been rolled out after a thorough research which clearly highlighted that Indian consumers have become more health conscious than ever before and are keen on adopting a healthy cooking oil.