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Country Report

Edible Oils in

Edible Oils in the US

Dec 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Increase in home cooking and home baking drives demand for edible oils in 2020

One of the biggest shifts in consumer behaviour stemming from COVID-19 has been the rapid rise in home cooking. Due to COVID-19, foodservice outlets have been forced to limit their operations in most states while many Americans have tried to limit their trips outside of the home.

Health and wellness front and centre

Despite the economic downturn seen in 2020, more consumers were still seen to be turning towards organic and fortified/functional edible oils. Organic olive oil has seen a particularly strong spike in demand, with fortified/functional vegetable and seed oil also seeing significant growth in 2020.

Shifting distribution landscape as COVID-19 impacts shopping behaviour

The restrictions introduced at state level to control the spread of COVID-19 have had a significant impact on the way consumers shop, including for edible oils. Looking to limit their trips outside of the home many households switched to making a large weekly shop at a supermarket or hypermarket, with this having a negative impact on sales through independent small grocers.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Edible Oils industry in USA with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Edible Oils industry in USA, our research will save you time and money while empowering you to make informed, profitable decisions.

The Edible Oils in USA market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Edible Oils in USA?
What are the major brands in USA?
Are consumers in emerging markets moving from unpackaged to packaged oils and fats?
What are the sales prospects for “healthy” cooking oils?
Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than cooking at home?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our

Packaged Food market research database.

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Edible Oils in the US - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Increase in home cooking and home baking drives demand for edible oils in 2020

Health and wellness front and centre

Shifting distribution landscape as COVID-19 impacts shopping behaviour

RECOVERY AND OPPORTUNITIES

Focus on healthy eating set to sustain strong demand for olive oil

Foodservice sales of edible oils will recover quickly

Private label’s advantage could grow as the economy comes under pressure

CATEGORY DATA

Table 1 Sales of Edible Oils by Category: Volume 2015-2020
Table 2 Sales of Edible Oils by Category: Value 2015-2020
Table 3 Sales of Edible Oils by Category: % Volume Growth 2015-2020
Table 4 Sales of Edible Oils by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Edible Oils: % Value 2016-2020
Table 6 LBN Brand Shares of Edible Oils: % Value 2017-2020
Table 7 Distribution of Edible Oils by Format: % Value 2015-2020
Table 8 Forecast Sales of Edible Oils by Category: Volume 2020-2025
Table 9 Forecast Sales of Edible Oils by Category: Value 2020-2025
Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Edible Oils by Category: % Value Growth 2020-2025

Packaged Food in the US - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Manufacturers shift focus from foodservice to retail, although some find it easier to adapt than others
Growth for food delivery has been key for packaged food sales to foodservice
More accountability for foodservice operators will mean more selectivity when purchasing ingredients

Consumer Foodservice

Foodservice operators struggle to stay afloat amid decreased demand in 2020, and have to adapt to survive
Foodservice industry may not see an immediate shift back to “normal”
Consumer foodservice will offer a vital gateway to new food items

Category Data

Chart 1 Packaged Food Value Sales Growth Scenarios: 2018-2025
Chart 2 Packaged Food Impact of Drivers on Value Sales: 2017-2025
Table 12 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 16 Sales of Packaged Food by Category: Volume 2015-2020
Table 17 Sales of Packaged Food by Category: Value 2015-2020
Table 18 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 19 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 20 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 21 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 22 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 23 Penetration of Private Label by Category: % Value 2015-2020
Table 24 Distribution of Packaged Food by Format: % Value 2015-2020
Table 25 Distribution of Packaged Food by Format and Category: % Value 2020
Table 26 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 27 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 28 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Edible Oils in the US

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Increase in home cooking and home baking drives demand for edible oils in 2020

Health and wellness front and centre

Shifting distribution landscape as COVID-19 impacts shopping behaviour

Overview

Why buy this report?

Samples

Delivery

Overview

Why buy this report?

Want to find out more about this report?

Table of Contents

Edible Oils in the US - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Increase in home cooking and home baking drives demand for edible oils in 2020

Health and wellness front and centre

Shifting distribution landscape as COVID-19 impacts shopping behaviour

RECOVERY AND OPPORTUNITIES

Focus on healthy eating set to sustain strong demand for olive oil

Foodservice sales of edible oils will recover quickly

Private label’s advantage could grow as the economy comes under pressure

CATEGORY DATA

Packaged Food in the US - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

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