There will be similar dynamics over the forecast period, with sunflower continuing to dominate, and also registering the highest volume growth. Corn oil will rank second, in terms of value sales, though well behind sunflower oil.
Edible oils are a mature product area, dominated by sunflower oil. Over the forecast period, innovation will centre on introducing segmentation such as by adding value-added benefits such as vitamins.
There will continue to be healthy constant value and volume growth for olive oil. However, consumers will continue to be price sensitive, and with olive oil having a higher price tag than other edible oils, consumers will opt for cheaper formats.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Azerbaijan 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 Azerbaijan, 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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