Due to its size, over the coming years, the modest performance of sunflower oil in volume terms is set to impact the overall edible oils category. In current retail value terms, growth is set to be moderate compared to 2022.
Due to the declining popularity of palm oil, the product is set to be the slowest-growing edible oils range over the coming years, stagnating in retail volume terms and achieving minimal retail value growth. Nonetheless, the role of palm oil in the foodservice industry remains significant, as the product can be sourced at a lower price point and is considered a better alternative for deep-frying or shallow frying compared to most other edible oil ranges.
Retail current value sales of edible oils grew dynamically through e-commerce in 2020, aligning to the outbreak of COVID-19 and home seclusion. Growth has continued into 2021 and 2022, with many consumers turning to e-commerce as a convenient method.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Bosnia and Herzegovina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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 Bosnia and Herzegovina, 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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