Sales of edible oils will continue to struggle over the forecast period, with stagnant volume sales forecast. Less popular oils, such as sunflower, corn, and soy oil, will feel the negative impacts of recent production disruption and price inflation.
Private label accounts for a substantial proportion of volume and value sales within edible oils. Lower prices and a wide range of options combined with consumers seeing little difference between private label and branded options in terms of taste and quality, means that it will continue to gain share going forward.
Olive oil and rapeseed oil are the two largest edible oil categories in Norway, and they are also the two most dynamic. This is unlikely to change over the forecast period, though rapeseed oil is set to gradually steal share from olive oil, primarily due to its strong association with locally sourced (domestic or Nordic) products.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Norway 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 Norway, 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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