The edible oil category is forecasted to experience a slowdown in value sales during the upcoming period. Several factors are contributing to this anticipated decline.
On a positive note, foodservice volumes are anticipated to make a strong recovery, returning to pre-pandemic levels. This recovery is driven by the country's full reopening, the resurgence of dining out, and the increasing number of tourists.
The edible oil category is likely to face strong competition from healthier spreadable fats, such as butter, ghee, and plant-based spreads. Recent studies have shed new light on the health benefits of these alternatives and debunked older theories about their negative impact on heart health.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Edible Oils industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See All of Our DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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