Edible Oils

Further strong value growth is expected in 2021 for edible oils in Eastern Europe. However, while growth in 2020 was mainly driven by more home-cooking due to the Coronavirus (COVID-19) pandemic, the 2021 value sales increase will be predominantly…

Edible oils recorded strong growth in 2020, with Coronavirus (COVID-19) seeing consumers cooking a lot more at home than usual due to lockdowns and foodservice closures. With these measures continuing into 2021, growth remained above normal levels,…

Growth in retail sales of edible oils recorded a marked slowdown in 2021, following the year-earlier growth spike due to Coronavirus (COVID-19). However, sales remained well above pre-pandemic levels in 2020. Although some of the strong growth seen…

Consumers cooking and eating more at home due to Coronavirus (COVID-19) helped drive retail sales of edible oils in Asia Pacific in 2020. Although growth slowed, it still moved ahead at a healthy rate in real value terms in 2021, albeit partly down…

ConAgra is the sixth largest cooking ingredients and meals company in the world. Due to successful past acquisitions, as well as legacy brands’ performance, ConAgra will keep its steady growth and recoup lost market share in cooking ingredients and…

Nestlé remained a leader in cooking ingredients and meals in 2022 but lost the top spot to Kraft Heinz. Despite increased consumption boosting sales worldwide, Nestlé saw a decline in its market shares. Ready meals and frozen pizza saw prominent…

The production of olive oil in 2023 has been slowing in 2023 due to two crucial factors: adverse weather conditions and the increasing cost of fertilisers. Weather conditions have a significant impact on olive tree cultivation and subsequently on…

Edible oils are a staple in Algerian cooking and in 2023 they are expected to register moderate constant value and volume growth. Population growth continues to sustain volume growth, but with inflation still being high, there is a degree of trading…

Retail demand for edible oils in Australia continues to grow in 2023. The increasing cost of living is encouraging many local consumers to cook more often at home, driving up the demand for edible oils, particularly those produced locally. Olive oil,…

In 2023, overall demand for retail edible oils in China has weakened compared with 2022, with the expected volume and current value declines in this year primarily driven by the resumption of normal activities post-pandemic. Towards the end of 2022…

Edible oils is enjoying a recovery back to normalisation in 2023, following the turbulence caused by the impacts of the Russia-Ukraine war. Indeed, in 2022, it was strongly noted how reliant France was on imports for its edible oils and, moreover,…

Olive oil is an important part of the traditional Italian diet but the category has continued to see declining sales in retail volume terms in 2023, although elevated inflation and a sharp rise in prices has ensured the category has continued to see…

Price increases of edible oils in Mexico stemming from widespread inflation seen in 2022 persist; however, these are generally slower in 2023. According to Euromonitor International's Voice of the Industry: Food Survey 2023, 90% of the food industry…

Current value sales growth within edible oils remains strong in 2023 with broader inflationary pressures a key contributor to this. While fuel costs have stabilised following the initial shock in 2022 after Russia’s invasion of Ukraine, the…

Players in edible oils continued to face a number of ongoing challenges towards the end of the review period, not least logistical issues created by the ongoing conflict in Ukraine. The country is the world’s largest exporter of sunflower oil, and…

In 2023, the global supply chain of edible oil raw materials has faced significant disruptions due to climate change and geopolitical complexities, impacting availability in South Korea. The country's reliance on external sources has made it…

Sales of edible oils have continued to decline in retail volume terms in 2023, driven in part by a further steep increase in retail prices. Price rises and the drop in demand is the result of several factors including the adverse effects of the…

Edible oils continues to face challenges connected to inflationary pressures and supply chain restrictions, which are affecting different edible oils in different ways. For example, inflationary pressures are boosting value growth due to an increase…

The number of health-conscious consumers is on the rise in the United Arab Emirates. Increasing numbers of local consumers are following a balanced diet, and they are selecting healthy food sources. Edible oils is one of the categories in which…

Edible oils in the UK has still been experiencing various challenges in 2023, including inflation, rising costs, and supply chain disruptions. While there has been a slight improvement, persistently high unit prices continue to pose difficulties for…