Market by Type and Distribution Channel | Forecast 2023-2028
Triton Market Research has highlighted that the
market for edible oil in Malaysia is expected to witness a CAGR of 5.57% in terms of revenue and 4.22% in terms of volume over the forecast period 2023-2028. It is anticipated to generate $XX million and XX million
liters by 2028.
Edible oil, also known as cooking oil, is a fat
derived from plants, animals, or microorganisms. It is made up of
triglycerides: three fatty acids and one glycerol unit. Common edible oils used
to flavor foods include olive oil, palm oil, soybean oil, canola oil, and
sunflower oil.
Oils and fats add to the nutritional value of
food. In this regard, edible oils are high in energy providing important
nutrients to the body, including vitamins A and D. At high temperatures, such
as frying, they also act as a heat transfer medium. Furthermore, their use
improves the taste sensation in spreads and salad dressings, thereby adding
flavor and texture to various foods. To safeguard the quality and safety of its
consumers, the Food Act and Regulations supervise the manufacture, packaging,
and distribution of edible oil in the country.
Due to government subsidies, domestic producers
produce palm oil at a low cost, allowing it to dominate edible oil sales in
Malaysia. On the other hand, high-end customers favored healthier cooking oils
like olive oil, especially during COVID-19. To encourage e-commerce, many
retailers offer a range of pricing points, free delivery, and coupons. The
government is anticipated to provide additional funding for palm oil subsidies
to guarantee an adequate supply of edible oil throughout the year. Such
desirable initiatives are likely to propel the market’s growth across Malaysia
over the forecast period.
However, different varieties
of edible oil are not as widely accepted. This limits the entry of
international players that offer different, premium edible oils. Additionally,
due to the escalating raw material prices and labor shortage in the plantation
and production sector, the players in the market increased the selling price of
edible oils, such as blended oils. Thus, the aforementioned factors may slow
down the studied market’s progress during the forecast period.
Triton Market Research’s report
provides in-depth insight into the Malaysia edible oil market, along with
segmentation analysis. The detailed analysis of the market includes PESTLE
analysis and value chain analysis. The segmentation analysis of Malaysia edible
oil market includes market by type and distribution channel.
The established players in the edible oil market include Lam Soon (M)
Bhd, FFM Bhd, Delima Oil Products Sdn Bhd, and Yee Lee Edible Oils Sdn Bhd.
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VIEW REPORT1. MALAYSIA
EDIBLE OIL MARKET - SUMMARY
1.1. MARKET
SIZE & FORECASTS
1.2. MARKET
DRIVING ASPECTS
1.3. MARKET
RESTRAINING ASPECTS
1.4. KEY
PLAYERS
2. MALAYSIA
EDIBLE OIL MARKET OUTLOOK
2.1. MARKET
DEFINITION
2.2. MARKET
SHARE ANALYSIS
2.3. BRAND
SHARE ANALYSIS
2.4. PESTLE
ANALYSIS
2.5. VALUE
CHAIN ANALYSIS
2.6. IMPACT
OF COVID-19 ON THE MALAYSIA EDIBLE OIL MARKET
3. MALAYSIA
EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE
OIL
3.2. CORN
OIL
3.3. PALM
OIL
3.4. RAPESEED
OIL
3.5. SOY
OIL
3.6. SUNFLOWER
OIL
3.7. OTHER
EDIBLE OILS
4. MALAYSIA
EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL
CHANNEL
4.2. E-COMMERCE
5. COMPETITIVE
LANDSCAPE
5.1. LAM
SOON (M) BHD
5.2. FFM
BHD
5.3. DELIMA
OIL PRODUCTS SDN BHD
5.4. YEE
LEE EDIBLE OILS SDN BHD
6. RESEARCH
METHODOLOGY & SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: MALAYSIA EDIBLE OIL MARKET 2023-2028
(IN $ MILLION)
TABLE 2: MALAYSIA EDIBLE OIL MARKET 2023-2028
(IN MILLION LITERS)
TABLE 3: MALAYSIA – COUNTRY SNAPSHOT
TABLE 4: MALAYSIA EDIBLE OIL MARKET, BY TYPE,
2023-2028 (IN $ MILLION)
TABLE 5: MALAYSIA EDIBLE OIL MARKET, BY TYPE,
2023-2028 (IN MILLION LITERS)
TABLE 6: MALAYSIA EDIBLE OIL MARKET, BY
DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 1: MALAYSIA
EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: MALAYSIA
EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN
ANALYSIS
FIGURE 4: MALAYSIA
EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: MALAYSIA
EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: MALAYSIA
EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: MALAYSIA
EDIBLE OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: MALAYSIA
EDIBLE OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)
FIGURE 9: MALAYSIA
EDIBLE OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)
FIGURE 10: MALAYSIA
EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)
FIGURE 11: MALAYSIA EDIBLE
OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 12: MALAYSIA
EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 13: MALAYSIA
EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 14: MALAYSIA
EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)