Asia-Pacific Edible Oil Market is Expected to Grow at 7.7% in the Forecast Period of 2020 to 2027

Asia-Pacific Edible Oil Market is growing with factor such as oil packaging innovations by key players is driving the edible oil market growth.

Asia-Pacific edible oil market has shown an exceptional penetration in countries such as the China, India and Indonesia. Easy availability of raw material, health benefits associated with edible oils, increasing demand for fortified produces and oil packaging innovations provides demand for the market. In addition, contribute to the growth of the edible oil market are consumer complaints, incremented international trade, and growing health concern among consumers.

Market Scenario

According to Data Bridge Market Research, the market for edible oil in China has highest market share followed by India and Indonesia. Market leader is Adani Group which accounts an estimated market share of approximately 42.77%. The company has gained outstanding sales through their edible oil product which includes manufacturing of the edible oil.

  • In April 2020, Adani Group’s subsidiary Adani Wilmar partnered with Swiggy, based in India for delivery of food products including oil products to customers due to national lockdown because of COVID-19 pandemic. This partnership has helped the company to reach its customer base to offer its products and earn revenue.

Asia-Pacific Edible Oil Market Trends Impacting the Market

Now the question is which other regions Adani Group, Bunge North America, Inc. (Bunge Limited), Ruchi Soya Industries Ltd. are targeting? Data Bridge Market Research has forecasted a large growth in China edible oil market and the market leaders are targeting India, Indonesia and Malaysia to be their next revenue pockets for 2020.

Asia-Pacific edible oil market is becoming more competitive every year with companies such as Adani Group, Bunge North America, Inc. (Bunge Limited), Ruchi Soya Industries Ltd. as they are the market leaders for Asia-Pacific edible oil market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Asia-Pacific edible oil market.

For more analysis on the Asia-Pacific edible oil market request for a briefing with our analysts

Edible Oil Market Development

  • In August 2019, SOVENA’s olive oil brand announced to expand its presence in supermarket aisles. Earlier it was available with three main Spanish retailers which included El Corte Inglés, Carrefour, and Condis. This has helped the company to increase its revenue by reaching better to the consumers through supermarket.

Scope of the Edible Oil Market

Edible oil market is segmented on the basis of countries into China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, New Zealand, Vietnam, and Rest of Asia-Pacific.

  • All country based analysis of Asia-Pacific edible oil market is analyzed based on segmentation. On the basis of type, the edible oil market is segmented into palm oil, soybean oil, rapeseed oil, sunflower oil, peanut oil, specialty blended oil, olive oil, corn oil, flaxseed oil, avocado oil, walnut oil, pumpkin seed oil, grapeseed oil and others. On the basis of package type, the edible oil market is segmented into tinplate containers, HDPE (high density polyethylene) containers, PVC (poly vinyl chloride) bottles, PET (polyethylene terephthalate) bottles, glass bottles, semi – rigid containers, flexible plastic pouches and others. On the basis of distribution channel, the edible oil market is segmented into direct and indirect. On the basis of end user, the edible oil market is segmented into domestics, food service, industrial and others.

To know more about the study

Key Pointers Covered in Edible Oil Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Country
  • Market Requirements in Different Country
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Country
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness
  • Value Chain Analysis

Key Market Competitors Covered in the Report

  • ADM
  • Adani Group
  • Cargill, Incorporated
  • Hebany Group
  • Olympic Oils Ltd.
  • Ruchi Soya Industries Ltd.
  • NGO CHEW HONG EDIBLE OIL PTE LTD (a subsidiary of Mewah Group)
  • Bunge North America, Inc. (Bunge Limited)

Above are the key players covered in the report, to know about more and exhaustive list of Asia-Pacific edible oil market companies’ contact us:

Research Methodology: Edible Oil Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Edible Oil Industry
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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