How Big is the UAE Edible Oil Market?
The UAE Edible Oil Market is projected to grow at a CAGR of around 2.5% during the forecast period, i.e., 2021-26. The growth of the market is likely to be driven primarily by massive investments by the government & leading manufacturers in local edible oils across the UAE to meet the mounting food requirements of the population entwined with the escalating need to reduce dependence on imports from neighboring countries.
Market Statistics
- Market Growth Rate (CAGR): 2.5% from 2021-2026
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UAE Edible Oil Market Insight:
Driver-
Government Bans on the Production of Adulterated Oil
Since adulterated oil severely affects the health of the people, causing several cardiovascular diseases, the government of UAE has imposed bans on its production. It, in turn, has displayed growing sales of Edible Oils and encouraged the leading players to increase the production capacities & augment the UAE Edible Oil Market growth in the coming years. Moreover, since the number of migrants & young population is increasing swiftly across the UAE, the demand for Edible Oils, owing to their affordable prices, is anticipated to drive the UAE Edible Oil Market during 2021-26.
UAE Edible Oil Market Segmentation:
The report has segmented the market into the following categories:
By Type
- Industrial Oil
- Linseed Oil
- Castor Oil
- Vegetable Oils
- Canola Oil
- Soybean Oil
- Olive Oil
- Sunflower Oil
- Peanut Oil
- Others
- Animal-Derived Oils
- Fish Oil
- Others
- Palm Oils
- Palm Oil
- Coconut Oil
- Palm Kernel Oil
By Application
- Food
- Non-Food Application
- Industrial
- Biodiesel
- Fatty acids and alcohols
- Lubricants
- Solvents
- Other
- Animal Feed
- Industrial
By Extraction Method
- Mechanical Extraction
- Solvent Extraction
- Hydrogenation
- Sparging
By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah
- Northern Emirates
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Competitive Landscape:
- Iffco Group
- Rafael Salgado S.A.
- Abu Dhabi Vegetable Oil, Co.
- Near East Olive Products
- Cargill, Incorporated
- Amira Nature Foods Ltd
- Omani Vegetable Oils & Derivatives Co. LLC.
- AJWA Group
- Archer-Daniels-Midland Company
- Sime Darby Plantation Berhad.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2021-2026)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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