THAILAND EDIBLE OIL MARKET 2023-2028

Description

MARKET OUTLOOK

Based on CRI’s estimates, the Thailand edible oil market is anticipated to register a CAGR of 11.57% in revenue and 5.82% in volume over the forecast period 2023-2028.
In 2021, Thai households preferred palm oil over all other edible oils, which led it to dominate the retail sector. This is mainly because of palm oil’s affordability over other edible oils. Besides, several consumers enjoy fried food, which has led to a rise in household oil demand. However, in 2019, government support for palm cultivators led to a rise in palm oil costs by around 18%. This was caused by the government’s decision to stop producing B10 biodiesel oil instead of B3.
Furthermore, a major consumer base has shifted toward a healthy diet, with good fats considered important in promoting weight loss and preventing various diseases. Along with this, numerous retailers offer imported brands of healthier vegetables and seed oils to attract higher-income customers.

COMPETITIVE OUTLOOK

The established players in the edible oil market include Patum Vegetable Oil Co Ltd, Thai Vegetable Oil PCL, Lam Soon (Thailand) PCL, Sime Darby Oils Morakot PCL, and Oleen Co Ltd.
TABLE OF CONTENT
1. THAILAND EDIBLE OIL MARKET – SUMMARY
1.1. MARKET SIZE & FORECASTS
1.2. MARKET DRIVING ASPECTS
1.3. MARKET RESTRAINING ASPECTS
1.4. KEY PLAYERS
2. THAILAND EDIBLE OIL MARKET OUTLOOK
2.1. MARKET DEFINITION
2.2. MARKET SHARE ANALYSIS
2.3. BRAND SHARE ANALYSIS
2.4. PESTLE ANALYSIS
2.5. VALUE CHAIN ANALYSIS
2.6. IMPACT OF COVID-19 ON THAILAND EDIBLE OIL MARKET
3. THAILAND EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE OIL
3.2. CORN OIL
3.3. PALM OIL
3.4. RAPESEED OIL
3.5. SOY OIL
3.6. SUNFLOWER OIL
3.7. OTHER EDIBLE OILS
4. THAILAND EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL CHANNEL
4.2. E-COMMERCE
5. COMPETITIVE LANDSCAPE
5.1. SIME DARBY OILS MORAKOT PCL
5.2. THAI VEGETABLE OIL PCL
5.3. LAM SOON (THAILAND) PCL
5.4. PATUM VEGETABLE OIL CO LTD
5.5. OLEEN CO LTD
6. RESEARCH METHODOLOGY & SCOPE
6.1. RESEARCH SCOPE & DELIVERABLES
6.2. SOURCES OF DATA
6.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: THAILAND EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: THAILAND EDIBLE OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: THAILAND – COUNTRY SNAPSHOT
TABLE 4: THAILAND EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: THAILAND EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: THAILAND EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: THAILAND EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: THAILAND EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN ANALYSIS
FIGURE 4: THAILAND EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: THAILAND EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: THAILAND EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: THAILAND EDIBLE OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: THAILAND EDIBLE OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)
FIGURE 9: THAILAND EDIBLE OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)
FIGURE 10: THAILAND EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)
FIGURE 11: THAILAND EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 12: THAILAND EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 13: THAILAND EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 14: THAILAND EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)