Indonesia Edible Oil Market Growth, Size, Trends, Share, Revenue, Challenges and Future Outlook
Indonesia Edible Oil Market Size- By Type, By Packaging Type, By Packaging Material, By Pack Size, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2023 | Report ID: FOOD2391 | Pages: 1 - 102 | Formats*: |
| Category : Food & Beverages | |||
Indonesia Edible Oil Market Introduction and Overview
According to SPER Market Research, the Indonesia Edible Oil Market is estimated to reach USD XX billion by 2033 with a CAGR of 5.24%.
The report includes an in-depth analysis of the Indonesia Edible Oil Market, including market size and trends, product mix, distribution channels, and supplier analysis. Edible oil is a fatty liquid produced at low temperatures from diverse vegetable and animal sources. Palm oil, soybean oil, mustard oil, sunflower oil, olive oil, and more common types are listed below. These edible oils are rich in essential fat-soluble vitamins, polyunsaturated fatty acids, and minerals like zinc, phytosterols, and selenium. They are so widely utilized in a variety of settings, including households, restaurants, coffee shops, hotels, and food processing facilities.
- Kitchen Controller is an end-to-end automated oil management system that Cargill developed in collaboration with Frontline International. The creative solution gave foodservice operators a clever, integrated approach to oil control by fusing Frontline International's client relationships and expertise in Smart Oil Management equipment with Cargill's foodservice experience and oil quality understanding.
- The Wilmar Group, Permata Hijau Group, and Musim Mas Group are the three firms that the Supreme Court identified as suspects due to their alleged wrongdoing in obtaining export permits for crude palm oil (CPO) during a period when shipments of the commodity were prohibited due to a scarcity of cooking oil.
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Market Opportunities and Challenges
Opportunities: The rising food processing industry in Indonesia, as well as the various usage of edible oil in baking, dressing, frying, and other applications, is boosting market expansion. With their hectic work schedules, altering consumer dietary habits are accelerating the consumption of processed food items that use edible oil as food preservatives and flavouring agents, stimulating product demand in the country. Furthermore, rising consumer health concerns about the increasing frequency of lifestyle diseases such as cardiovascular disease, diabetes, obesity, gastrointestinal problems, and so on are driving demand for healthy edible oils. Furthermore, increased demand for vegetable oil-based margarine as a better alternative to butter, particularly among health-conscious and lactose-intolerant consumers, is driving market expansion.
Challenges: On the other hand, high product costs and limited raw material availability are projected to stymie market expansion. Furthermore, the use of artificial/synthetic ingredients in various applications, which poses health risks, and a lack of uniformity in regulations are expected to pose challenges to the edible oil market during the forecast period.
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Market Competitive Landscape
Indonesia edible oil market is highly consolidated. PT Socfin Indonesia, PT Tunas Baru Lampung Tbk, PT Asianagri Hilir, PT Bina Karya Prima and Wilmar International Ltd, PT PP London Sumatra Indonesia Tbk, PT Salim Ivomas Pratama Tbk, and PT Smart TBK are a few of the major companies.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Packaging Type, By Packaging Material, By Pack Size, By Application, By Distribution Channel |
| Regions covered | Eastern Region, Western Region, Northern Region, Southern Region |
| Companies Covered | Astra Agro Lestari Tbk PT, PT Cargill Indonesia (Cargill, Incorporated), PT PP London Sumatra Indonesia Tbk, PT Salim Ivomas Pratama Tbk, PT Smart TBK, PT Socfin Indonesia, PT Tunas Baru Lampung Tbk, PT Asianagri Hilir, PT Bina Karya Prima and Wilmar International Ltd |
COVID-19 Impact on Indonesia Edible Oil Market
COVID-19 has an adverse effect on various businesses. However, the edible oil business expanded significantly during this time. During the government's lockdown to prevent the spread of the coronavirus sickness, the majority of the populace was very interested in adopting healthy diets. People are turning to health supplements to improve their immunity as health problems become more prevalent. The increased emphasis on excellent health will continue to drive market expansion in the post-pandemic situation.
Key Target Audience
- Households
- Food and Beverage Industry
- Food Retailers
- Industrial Users
- Bakeries and Confectioneries
- Export Markets
- Health-Conscious Consumers
- Government Institution
Our in-depth analysis of the Indonesia Edible Oil Market includes the following segments:
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Key Topics Covered in the Report
- Indonesia Edible Oil Market Size (FY’2023-FY’2033)
- Overview of Indonesia Edible Oil Market
- Segmentation of Indonesia Edible Oil Market By Type (Palm Oil, Soybean Oil, Mustard Oil, Sunflower Oil, Olive Oil, Others)
- Segmentation of Indonesia Edible Oil Market By Packaging Type (Pouches, Jars, Cans, Bottles)
- Segmentation of Indonesia Edible Oil Market By Packaging Material (Metal, Plastic, Paper, Others)
- Segmentation of Indonesia Edible Oil Market By Pack Size (Less than 1 Litres, 1 Litres, 1 Litres - 5 Litres, 5 Litres - 10 Litres, 10 Litres and Above)
- Segmentation of Indonesia Edible Oil Market By Application (HoReCa, Home Users, Food Processing Industry)
- Segmentation of Indonesia Edible Oil Market By Distribution Channel (Direct/Institutional Sales, Supermarkets and Hypermarkets, Convenience Stores, Online, Others)
- Statistical Snap of Indonesia Edible Oil Market
- Expansion Analysis of Indonesia Edible Oil Market
- Problems and Obstacles in Indonesia Edible Oil Market
- Competitive Landscape in the Indonesia Edible Oil Market
- Impact of COVID-19 and Demonetization on Indonesia Edible Oil Market
- Details on Current Investment in Indonesia Edible Oil Market
- Competitive Analysis of Indonesia Edible Oil Market
- Prominent Players in the Indonesia Edible Oil Market
- SWOT Analysis of Indonesia Edible Oil Market
- Indonesia Edible Oil Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Indonesia Edible Oil Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Indonesia Edible Oil Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Indonesia Edible Oil Market
7. Indonesia Edible Oil Market, By Type (USD Million)
7.1. Indonesia Edible Oil Market Value Share and Forecast, By Type, 2023-20337.2. Palm Oil7.3. Soybean Oil7.4. Mustard Oil7.5. Sunflower Oil7.6. Olive Oil7.7. Others
8. Indonesia Edible Oil Market, By Packaging Type (USD Million)
8.1. Indonesia Edible Oil Market Value Share and Forecast, By Packaging Type, 2023-20338.2. Pouches8.3. Jars8.4. Cans8.5. Bottles
9. Indonesia Edible Oil Market, By Packaging Material (USD Million)
9.1. Indonesia Edible Oil Market Value Share and Forecast, By Packaging Material, 2023-20339.2. Metal9.3. Plastic9.4. Paper9.5. Others
10. Indonesia Edible Oil Market, By Pack Size (USD Million)
10.1. Indonesia Edible Oil Market Value Share and Forecast, By Pack Size, 2023-203310.2. Less than 1 Litres10.3. 1 Litres10.4. 1 Litres - 5 Litres10.5. 5 Litres - 10 Litres10.6. 10 Litres and Above
11. Indonesia Edible Oil Market, By Application (USD Million)
11.1. Indonesia Edible Oil Market Value Share and Forecast, By Application, 2023-203311.2. HoReCa11.3. Home Users11.4. Food Processing Industry
12. Indonesia Edible Oil Market, By Distribution Channel (USD Million)
12.1. Indonesia Edible Oil Market Value Share and Forecast, By Distribution Channel, 2023-203312.2. Direct/Institutional Sales12.3. Supermarkets and Hypermarkets12.4. Convenience Stores12.5. Online12.6. Others
13. Indonesia Edible Oil Market Forecast, 2019-2033 (USD Million)
13.1. Indonesia Edible Oil Market Size and Market Share
14. Indonesia Edible Oil Market, By Type, 2019-2033 (USD Million)
14.1. Indonesia Edible Oil Market Size and Market Share By Type (2019-2026)14.2. Indonesia Edible Oil Market Size and Market Share By Type (2027-2033)
15. Indonesia Edible Oil Market, By Packaging Type, 2019-2033 (USD Million)
15.1. Indonesia Edible Oil Market Size and Market Share By Packaging Type (2019-2026)15.2. Indonesia Edible Oil Market Size and Market Share By Packaging Type (2027-2033)
16. Indonesia Edible Oil Market, By Packaging Material, 2019-2033 (USD Million)
16.1. Indonesia Edible Oil Market Size and Market Share By Packaging Material (2019-2026)16.2. Indonesia Edible Oil Market Size and Market Share By Packaging Material (2027-2033)
17. Indonesia Edible Oil Market, By Application, 2019-2033 (USD Million)
17.1. Indonesia Edible Oil Market Size and Market Share By Application (2019-2026)17.2. Indonesia Edible Oil Market Size and Market Share By Application (2027-2033)
18. Indonesia Edible Oil Market, By Distribution Channel, 2019-2033 (USD Million)
18.1. Indonesia Edible Oil Market Size and Market Share By Distribution Channel (2019-2026)18.2. Indonesia Edible Oil Market Size and Market Share By Distribution Channel (2027-2033)
19. Indonesia Edible Oil Market, By Region, 2019-2033 (USD Million)
19.1. Indonesia Edible Oil Market Size and Market Share By Region (2019-2026)19.2. Indonesia Edible Oil Market Size and Market Share By Region (2027-2033)19.3. Eastern Region19.4. Western Region19.5. Northern Region19.6. Southern Region
20. Company Profile
20.1. Astra Agro Lestari Tbk PT
20.1.1. Company details20.1.2. Financial outlook20.1.3. Product summary20.1.4. Recent developments
20.2. PT. Asianagri Hilir
20.2.1. Company details20.2.2. Financial outlook20.2.3. Product summary20.2.4. Recent developments
20.3. PT. Bina Karya Prima
20.3.1. Company details20.3.2. Financial outlook20.3.3. Product summary
20.3.4. Recent developments
20.4. PT Cargill Indonesia (Cargill, Incorporated)
20.4.1. Company details20.4.2. Financial outlook20.4.3. Product summary20.4.4. Recent developments
20.5. PT Salim Ivomas Pratama Tbk
20.5.1. Company details20.5.2. Financial outlook20.5.3. Product summary20.5.4. Recent developments
20.6. PT Smart TBK
20.6.1. Company details20.6.2. Financial outlook20.6.3. Product summary20.6.4. Recent developments
20.7. PT Socfin Indonesia
20.7.1. Company details20.7.2. Financial outlook20.7.3. Product summary20.7.4. Recent developments
20.8. PT Tunas Baru Lampung Tbk
20.8.1. Company details20.8.2. Financial outlook20.8.3. Product summary20.8.4. Recent developments
20.9. Wilmar International Ltd.
20.9.1. Company details20.9.2. Financial outlook20.9.3. Product summary20.9.4. Recent developments
20.10. Others
21. List of Abbreviations
22. Reference Links
23. Conclusion
24. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Indonesia Edible Oil Market is projected to reach USD XX billion by 2033, growing at a CAGR of 5.24% during the forecast period.
Indonesia Edible Oil Market grew in market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 5.24% during the forecast period.
Indonesia Edible Oil Market CAGR of 5.24% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Indonesia Edible Oil Market size is USD XX billion from 2023 to 2033.
Indonesia Edible Oil Market Segment is covered By Type, By Packaging Type, By Packaging Material, By Pack Size, By Application, By Distribution Channel.
The Asia-Pacific is anticipated to have the highest market share in the Indonesia Edible Oil Market.
The key players in the market include Companies Covered Astra Agro Lestari Tbk PT, PT Cargill Indonesia (Cargill, Incorporated), PT PP London Sumatra Indonesia Tbk, PT Salim Ivomas Pratama Tbk, PT Smart TBK, PT Socfin Indonesia, PT Tunas Baru Lampung Tbk, PT Asianagri Hilir, PT Bina Karya Prima and Wilmar International Ltd.
Edible oil is a fatty liquid produced at low temperatures from diverse vegetable and animal sources. Palm oil, soybean oil, mustard oil, sunflower oil, olive oil, and more common types are listed below.
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