The situation in olive oil remains very uncertain and dependent on several factors. Forecasts for the harvest of olives and production of olive oil from 2024 signal improvements on the performances of the previous two years.
Sunflower oil is expected to continue to see retail volume sales increase in the early-to-mid-forecast period. This has always been one of the most consumed seed oils among Italian consumers and the return to more stable and affordable prices, albeit likely to remain higher than in 2020, should continue to generate demand and consumption.
“Other” edible oil is expected to continue to see positive retail volume over the forecast period amid the key health and (full product) traceability trends, which gained strength in the wake of the COVID-19 crisis. “Other” edible oil is a dynamic category characterised by a very diversified offer.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Italy with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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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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