Market by Type and Distribution Channel | Forecast 2023-2028
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.
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
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)
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)