Despite edible oil production being below domestic consumption needs and insufficient to build up stocks, producers continue to invest in innovation, product quality and differentiation, without neglecting sustainability. This focus on innovation is expected to continue throughout the forecast period, especially as it provides scope to enter national and international competitions.
Given the absence of olive oil stocks from the previous season and still limited olive production in 2024, the shortage of olive oil is expected to continue in the short term. The ongoing supply problems have led to further issues down the value chain with retailers buying less olive oil and pressuring producers to lower their prices.
Since the pandemic, the rebound in Portugal’s tourism economy has brought new dynamism to the foodservice industry. Olive oil consumption has increased and there is a strong expectation that this trend will continue in the forecast period.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Portugal 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 Portugal, 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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