The impact of the Russian invasion of Ukraine on the supply of edible oils is expected to lessen from 2023 onwards. While inflationary pressure will remain high, resulting in continued price increases in edible oils, volume sales are expected to return to positive territory as the "new normal" of demand is established.
Health and wellness trends will drive for edible oils in the coming years. Edible oils that are considered healthier are expected to perform better.
Buoyed by the trend of consumers increasingly turning to locally produced food products, rapeseed oil—widely produced in Austria and sold domestically via numerous local brands—will post the strongest constant value growth over the forecast period. Rapeseed oil also benefits from its reputation as being a very healthy edible oil which can be used for both hot and cold dishes.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Austria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Edible Oils industry in Austria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See All of Our DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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