Internal shifts within edible oils is predicted to happen over the forecast period. An increasing number of consumers are expected to regulate their edible oil consumption due to health concerns.
Due to new lifestyle patterns and changes in the eating habits of Algerians, who are increasingly eating outside of the home, foodservice is expected to see faster volume growth than retail in the forecast period, which will change the split between the two channels. This can be explained by the fact that home-made meals and daily cooking are becoming less popular in Algeria, due to increasingly hectic lifestyles and women’s increasing participation in the workforce.
Edible oils are projected to continue registering strong current value sales and growth over the forecast period in Algeria. However, volume and constant value CAGRs are predicted to be below the review period.
In 2019, Cevital remains the leading player in edible oils, due to its long-standing presence in Algeria. Cevital is a historical player who has been present in this area for 30 years and has a wide variety of options including vegetable and seed oil.
Except Afia International Algeria, which is part of the Saudi Savola Group, domestic players control edible oils, thanks to their long-standing presence and affordable prices. Moreover, as the local supply covers almost all of the demand for edible oils in Algeria, there is only a small gap for international players.
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