UNITED ARAB EMIRATES EDIBLE OIL MARKET 2023-2028

Consumer Goods & Services | Food & Beverages

UNITED ARAB EMIRATES EDIBLE OIL MARKET 2023-2028

Market by Type and Distribution Channel | Forecast 2023-2028

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Triton’s research report highlights that the market for edible oil in the United Arab Emirates is expected to register revenue growth at a CAGR of 5.65% and volume growth at 2.99% during the forecasting years from 2023 to 2028. The market is set to garner $XX million in revenue and XX million liters in volume by 2028.

Edible or cooking oil refers to fat obtained from animals, plants, or microorganisms. It comprises triglycerides: three fatty acids and one unit of glycerol. These oils are considered safe to consume when at room temperature. Common edible oils that improve food flavor include olive oil, palm oil, soybean oil, canola oil, and sunflower oil.

Edible oils are an intense energy source that offers essential nutrients to the body, such as vitamins A and D. They also serve as a heat transfer medium at high temperatures, such as when frying. Besides this, edible oils are used to enhance taste and texture in spreads and salad dressing. To ensure the safety of consumers, the National Food Safety Committee supervises the production, packing, and sale of edible oil nationwide.

Due to the influx of foreign competitors entering the domestic market, the country is witnessing intense competition. Additionally, the UAE has experienced booming tourism, which has fueled food services and increased demand for edible oils. Hence, several producers are aggressively involved in research and development to introduce new product lines of nutrient-rich cooking oils to gain a competitive edge. There is also a rise in demand for packaged fried foods, which improves the market’s potential.

However, the country’s edible oil market growth may get hampered by minimal local production on account of harsh climatic conditions and political instability. Besides, the high capital in the mediatory processes of extracting cooking oil restricts small businesses from entering the market.

Triton Market Research’s report provides in-depth insight into the United Arab Emirates edible oil market, along with segmentation analysis. The detailed analysis of the market includes PESTLE analysis and value chain analysis. The segmentation analysis of the United Arab Emirates edible oil market includes market by type and distribution channel. 

The major players in the edible oil market are IFFCO Group, Rafael Salgado SA, Abu Dhabi Vegetable Oil Co, and Savola Group.

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Table of Content

1. UNITED ARAB EMIRATES EDIBLE OIL MARKET - SUMMARY

1.1. MARKET SIZE & FORECASTS

1.2. MARKET DRIVING ASPECTS

1.3. MARKET RESTRAINING ASPECTS

1.4. KEY PLAYERS

2. UNITED ARAB EMIRATES 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 UNITED ARAB EMIRATES EDIBLE OIL MARKET

3. UNITED ARAB EMIRATES 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. SUNFLOWER OIL

3.6. OTHER EDIBLE OILS

4. UNITED ARAB EMIRATES EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)

4.1. RETAIL CHANNEL

4.2. E-COMMERCE

5. COMPETITIVE LANDSCAPE

5.1. IFFCO GROUP

5.2. SAVOLA GROUP

5.3. RAFAEL SALGADO SA

5.4. ABU DHABI VEGETABLE OIL CO

6. RESEARCH METHODOLOGY & SCOPE

6.1. RESEARCH SCOPE & DELIVERABLES

6.2. SOURCES OF DATA

6.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: UNITED ARAB EMIRATES EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)

TABLE 2: UNITED ARAB EMIRATES EDIBLE OIL MARKET 2023-2028 (IN MILLION LITERS)

TABLE 3: UNITED ARAB EMIRATES – COUNTRY SNAPSHOT

TABLE 4: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)

TABLE 5: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)

TABLE 6: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)

List of Figures

FIGURE 1: UNITED ARAB EMIRATES EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 2: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 3: VALUE CHAIN ANALYSIS

FIGURE 4: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)

FIGURE 5: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)

FIGURE 6: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)

FIGURE 7: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)

FIGURE 8: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)

FIGURE 9: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)

FIGURE 10: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)

FIGURE 11: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)

FIGURE 12: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)

FIGURE 13: UNITED ARAB EMIRATES EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)

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