Middle East and Africa Edible Oil Market Growth, Size, Trends, Share, Revenue and Future Outlook: SPER Market Research

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Published: Jun 2024	Report ID: FOOD2469	Pages: 1 - 152	Formats^*:
Category : Food & Beverages

Middle East and Africa Edible Oil Market Introduction and Overview

According to SPER Market Research, the Middle East and Africa Edible Oil Market is estimated to reach USD 11.38 billion by 2033 with a CAGR 7.73%.

The report includes an in-depth analysis of the Middle East and Africa Edible Oil Market, including market size and trends, product mix, distribution channels, and supplier analysis. A fluid that is extracted from plants, veggies, and seeds is referred to as edible oil. These oils have phospholipids, anti-oxidants, and fatty acids, among other things. Both the food processing industry and humans consume a lot of edible oil. It is well known that this oil has minimal fat, calories, and cholesterol content.

In 2021, Archer Daniels Midland Co. and Marathon Petroleum Corp. announced a joint venture agreement to build a soybean oil manufacturing facility in order to meet the rapidly growing demand for renewable diesel fuel.

Market Opportunities and Challenges

Opportunities: One of the main factors propelling the edible oil market's expansion is the growing consumer preference for dietary changes. The sector is positively impacted by the growing trend of healthy living across all age groups and the adoption of creative and health-conscious approaches. Moreover, the industry is further impacted by the rising prevalence of obesity in the populace. The industry is growing as a result of consumers contacting dieticians and nutritionists that offer individualized diet plans with the goal of losing weight.

Challenges: Increased Volatility in the Cost of Edible Oil. Elevated price fluctuations for edible oils may potentially be detrimental to the market by diminishing demand and resulting in a drop in sales. Companies in the industry may see a decline in income as a result of consumers switching to less expensive options or cutting back on their use of edible oils completely. Additionally, because of their inability to precisely forecast future prices and demand, businesses may find it challenging to plan their production and pricing strategies when there is significant price volatility. This can result in cost increases and inefficiencies, which would further hurt profitability.

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Market Competitive Landscape

The Edible Oil market in Middle East and Africa is fairly consolidated. Some of the market key players are Cargill Incorporated, ADVOC (ABU DHABI VEGETABLE OIL COMPANY), Sime Darby Plantation Berhad, Wilmar International Limited, Omani Vegetable Oils & Derivatives Co.(L.L.C), Amira Nature Foods Ltd, AJWA Group, Archer Daniels Midland Co., Al Ghurair, Edible Oil Company LLC, and Others.

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Type, By Package Type, By Distribution Channel, By End User
Regions covered	Qatar, Saudi Arabia, United Arab Emirates, Egypt, Morocco, Nigeria, South Africa, Rest of Middle-East and Africa
Companies Covered	Cargill Incorporated, ADVOC (ABU DHABI VEGETABLE OIL COMPANY), Sime Darby Plantation Berhad, Wilmar International Limited, Omani Vegetable Oils & Derivatives Co.(L.L.C), Amira Nature Foods Ltd, AJWA Group, Archer Daniels Midland Co., Al Ghurair, Edible Oil Company LLC, and Others.

COVID-19 Impact on Middle East and Africa Edible Oil Market

COVID-19 had a negative impact on several industries, the edible oil market saw a notable upswing at this period. People became more interested in adopting better diets as a result of the government-enforced lockdowns designed to stop the virus's spread. Because health problems are so common, more people are using health supplements to strengthen their immune. Even after the pandemic passes, it is anticipated that the increased emphasis on health would continue to drive market expansion.

Key Target Audience:

Retail Consumers
Food Manufacturers
Food Service Providers
Importers and Exporters
Distributors and Wholesalers
Government Regulatory Bodies
Research and Development Institutes

Our in-depth analysis of the Middle East and Africa Edible Oil Market includes the following segments:

By Type:	Palm Oil Soybean Oil Rapeseed Oil Sunflower Oil Peanut Oil Specialty Blended Oil Olive Oil Corn Oil Flaxseed Oil Avocado Oil Others
By Package Type:	Tinplate Containers HDPE (High Density Polyethylene) Containers PVC (Poly Vinyl Chloride) Bottles PET (Polyethylene Terephthalate) Bottles Glass Bottles, Semi – Rigid Containers
By Distribution Channel:	Direct Indirect
By End User:	Domestics Industrial Food Services

Key Topics Covered in the Report:

Middle East and Africa Edible Oil Market Size (FY’2024-FY’2033)
Overview of Middle East and Africa Edible Oil Market
Segmentation of Middle East and Africa Edible Oil Market By Type (Palm Oil, Soybean Oil, Rapeseed Oil, Sunflower Oil, Peanut Oil, Specialty Blended Oil, Olive Oil, Corn Oil, Flaxseed Oil, Avocado Oil, Others)
Segmentation of Middle East and Africa Edible Oil Market By Package Type {(Tinplate Containers, HDPE (High Density Polyethylene) Containers, PVC (Poly Vinyl Chloride) Bottles, PET (Polyethylene Terephthalate) Bottles, Glass Bottles, Semi – Rigid Containers)}
Segmentation of Middle East and Africa Edible Oil Market By Distribution Channel (Direct, Indirect)
Segmentation of Middle East and Africa Edible Oil Market By End User (Domestics
Industrial, Food Services, Others)
Expansion Analysis of Middle East and Africa Edible Oil Market
Problems and Obstacles in Middle East and Africa Edible Oil Market
Competitive Landscape in the Middle East and Africa Edible Oil Market
Impact of COVID-19 and Demonetization on Middle East and Africa Edible Oil Market
Details on Current Investment in Middle East and Africa Edible Oil Market
Competitive Analysis of Middle East and Africa Edible Oil Market
Prominent Players in the Middle East and Africa Edible Oil Market
SWOT Analysis of Middle East and Africa Edible Oil Market
Middle East and Africa Edible Oil Market Future Outlook and Projections (FY’2024-FY’2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. 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. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East and Africa Edible Oil Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Middle East and Africa Edible Oil Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Edible Oil Market

7. Middle East and Africa Edible Oil Market, By Type (USD Million) 2020-2033

7.1. Middle East and Africa Edible Oil Market Size, Share and Forecast, By Type, 2020-2026
7.2. Middle East and Africa Edible Oil Market Size, Share and Forecast, By Type, 2027-2033
7.3. Palm Oil
7.4. Soybean Oil
7.5. Rapeseed Oil
7.6. Sunflower Oil
7.7. Peanut Oil
7.8. Specialty Blended Oil
7.9. Olive Oil
7.10. Corn Oil
7.11. Flaxseed Oil
7.12. Avocado Oil
7.13. Others

8. Middle East and Africa Edible Oil Market, By Package Type (USD Million) 2020-2033

8.1. Middle East and Africa Edible Oil Market Size, Share and Forecast, By Package Type, 2020-2026
8.2. Middle East and Africa Edible Oil Market Size, Share and Forecast, By Package Type, 2027-2033
8.3. Tinplate Containers
8.4. HDPE (High Density Polyethylene) Containers
8.5. PVC (Poly Vinyl Chloride) Bottles
8.6. PET (Polyethylene Terephthalate) Bottles
8.7. Glass Bottles, Semi – Rigid Containers

9. Middle East and Africa Edible Oil Market, By Distribution Channel (USD Million) 2020-2033

9.1. Middle East and Africa Edible Oil Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Middle East and Africa Edible Oil Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. Direct
9.4. Indirect

10. Middle East and Africa Edible Oil Market, By End User (USD Million) 2020-2033

10.1. Middle East and Africa Edible Oil Market Size, Share and Forecast, By End User, 2020-2026
10.2. Middle East and Africa Edible Oil Market Size, Share and Forecast, By End User, 2027-2033
10.3. Domestics
10.4. Industrial
10.5. Food Services
10.6. Others

11. Middle East and Africa Edible Oil Market Forecast, 2020-2033 (USD Million)

11.1. Middle East and Africa Edible Oil Market Size and Market Share

12. Middle East and Africa Edible Oil Market, By Region, 2020-2033 (USD Million)

12.1. Middle East and Africa Edible Oil Market Size and Market Share By Region (2020-2026)
12.2. Middle East and Africa Edible Oil Market Size and Market Share By Region (2027-2033)
12.3. Qatar
12.4. Saudi Arabia
12.5. United Arab Emirates
12.6. Egypt
12.7. Morocco
12.8. Nigeria
12.9. South Africa
12.10. Rest of Middle-East and Africa

13. Company Profile

13.1. Cargill Incorporated
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. ADVOC (ABU DHABI VEGETABLE OIL COMPANY)
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Sime Darby Plantation Berhad
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Wilmar International Limited
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Omani Vegetable Oils & Derivatives Co.(L.L.C)
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Amira Nature Foods Ltd
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. AJWA Group
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Archer Daniels Midland Co.
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Al Ghurair
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Edible Oil Company LLC
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others

14. Conclusion

16. List of Abbreviations

15. Reference Links

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.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is Middle East and Africa Edible Oil Market?

Middle East and Africa Edible Oil Market is projected to reach USD 11.38 billion by 2033, growing at a CAGR of 7.73% during the forecast period.

What is the growth rate of Middle East and Africa Edible Oil Market?

Middle East and Africa Edible Oil Market grew in market size from 2024. The Market is expected to reach USD 11.38 billion by 2033, at a CAGR of 7.73% during the forecast period.

What is the anticipated CAGR of Middle East and Africa Edible Oil Market during the forecast period?

Middle East and Africa Edible Oil Market CAGR of 7.73% during the forecast period.

How can I get a sample report on Middle East and Africa Edible Oil Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of Middle East and Africa Edible Oil Market?

Middle East and Africa Edible Oil Market size is USD 11.38 billion from 2024 to 2033.

Which segment is expected to lead Middle East and Africa Edible Oil Market?

Middle East and Africa Edible Oil Market Segment is Covered By Type, By Package Type, By Distribution Channel, By End User

Which region is expected to have the highest market share in Middle East and Africa Edible Oil Market?

The Middle East and Africa region is anticipated to have the highest market share in Middle East and Africa Edible Oil Market.

Who are the key players in Middle East and Africa Edible Oil Market?

The key players in the market include Companies Covered Cargill Incorporated, ADVOC (ABU DHABI VEGETABLE OIL COMPANY), Sime Darby Plantation Berhad, Wilmar International Limited, Omani Vegetable Oils & Derivatives Co.(L.L.C), Amira Nature Foods Ltd, AJWA Group, Archer Daniels Midland Co., Al Ghurair, Edible Oil Company LLC, and Others.

What is the conclusion of Middle East and Africa Edible Oil Market?

The industry is growing as a result of consumers contacting dieticians and nutritionists that offer individualized diet plans with the goal of losing weight.