Edible oils in Vietnam is set to see solid retail volume and current value growth rates throughout the forecast period, with increases across all categories. Growing health consciousness amongst Vietnamese consumers is expected to continue to shape edible oils in the forecast period, with an increasing focus on the health benefits of ingredients and product functionality.
Despite potential uncertainties surrounding the supply of the raw materials for edible oils due to unpredictable weather conditions and global supply chain disruptions, efforts from local producers and regulatory bodies are expected to mitigate these risks over the forecast period. Companies in edible oils in Vietnam are focusing on expanding their production capacity to ensure a more stable supply of oil, reducing the impact of global fluctuations.
Over the forecast period, the leading company in edible oils in Vietnam in 2024, Calofic Corp, is expected to continue to lead, followed by Tuong An Vegetable Oil JSC and Kido Nha Be Co Ltd. These large companies benefit from robust distribution networks and the ability to execute aggressive marketing campaigns, which will be pivotal in maintaining their category leadership.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Vietnam 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 Vietnam, 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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