Edible oils is expected to register moderate constant value growth over the forecast period. Olive oil and other edible oils will register the highest value growth; however, sunflower will continue to be the most popular edible oil, as it is more affordable.
After sunflower oil and olive oil, coconut oil is the next most popular edible oil in Hungary and will gain further value share over the forecast period. Coconut oil offers many benefits not only to eat, but also for skin care and hair care routines and this will drive growth over the forecast period.
The COVID-19 pandemic accelerated the shift toward e-commerce. Many Hungarians purchased groceries online for the first time during the lockdown.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Hungary 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 Hungary, 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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