
The Vegetable Oil is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.
Vegetable oil is a type of oil derived from various plant sources, obtained through mechanical processes such as pressing or solvent extraction. Common sources include soybeans, sunflower seeds, canola seeds, palm fruit, coconuts, olives, and peanuts. Each type of vegetable oil has its unique flavor profile and nutritional composition.
Top Key Players:
"Savola Group (Saudi Arabia), Almarai Company (Saudi Arabia), Al Ghurair Foods (UAE), United Foods Company (Saudi Arabia), Yanbu Agricultural Company (Saudi Arabia), The National Vegetable Oils Company Ltd. (NATVOC) (Saudi Arabia), Salalah Mills Company (Oman), Oils & Grains Company (OGC) (Saudi Arabia), Salim Wazaran Company for Food Products (Saudi Arabia), National Agricultural Development Company (Saudi Arabia), Arabian Food Industries (Egypt), Al-Jouf Agricultural Development Company (JADCO) (Saudi Arabia), Arabian Agricultural Services Company (ARASCO) (Saudi Arabia), Goody Saudi Food Industries (Saudi Arabia), United Sugar Company (Saudi Arabia) and Other Major Players."
Saudi Arabia's Vegetable Oil Market segments cover the Type, Nature, Packaging Type, Application, and Distribution Channel. By Type, the Palm Oil segment is Anticipated to Dominate the Market Over the Forecast Period.
In June 2021, Al Ghurair Investment took a significant step by acquiring Edible Oil Company, LLC (EOCD), a prominent multi-seed crushing plant in the Middle East. The acquisition was made by Dubai Investments Industries (DUI). This strategic move is part of Al Ghurair's dedication to expanding its food and resources business, with the aim of bolstering the UAE's and the broader region's food security agenda. The agreement signing solidifies Al Ghurair's commitment to supporting and advancing the crucial food security initiatives in the region.
In June 2021, United Foods Company, a well-established manufacturer and distributor of edible oils, fats, and frozen foods based in the UAE, revealed its ambitious expansion plans for its beverage portfolio this year. In an exclusive interview with FoodNavigator-Asia, the company shared its vision to broaden its range of beverages and venture into new areas within the beverage industry.
Saudi Arabia Vegetable Oil Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD XXX Bn. |
Forecast Period 2023-30 CAGR: |
XXX% |
Market Size in 2030: |
USD XXX Bn. |
Segments Covered: |
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Saudi Arabia Vegetable Oil Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD XXX Bn. |
Forecast Period 2023-30 CAGR: |
XXX% |
Market Size in 2030: |
USD XXX Bn. |
Segments Covered: |
By Type |
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By Nature |
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By Packaging Type |
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By Application |
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By Distribution Channels |
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Key Opportunities: |
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Companies Covered in the Report: |
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1. INTRODUCTION
1.1. RESEARCH OBJECTIVES
1.2. RESEARCH METHODOLOGY
1.3. RESEARCH PROCESS
1.4. SCOPE AND COVERAGE
1.4.1. Market Definition
1.4.2. Key Questions Answered
1.5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
5.1. PORTER’S FIVE FORCES ANALYSIS
5.1.1. Bargaining Power Of Supplier
5.1.2. Threat Of New Entrants
5.1.3. Threat Of Substitutes
5.1.4. Competitive Rivalry
The forecast period in the Saudi Arabia Vegetable Oil Market research report is 2023-2030.
Savola Group (Saudi Arabia), Almarai Company (Saudi Arabia), Al Ghurair Foods (UAE), United Foods Company (Saudi Arabia), Yanbu Agricultural Company (Saudi Arabia), The National Vegetable Oils Company Ltd. (NATVOC) (Saudi Arabia), Salalah Mills Company (Oman), Oils & Grains Company (OGC) (Saudi Arabia), Salim Wazaran Company for Food Products (Saudi Arabia), National Agricultural Development Company (Saudi Arabia), Arabian Food Industries (Egypt), Al-Jouf Agricultural Development Company (JADCO) (Saudi Arabia), Arabian Agricultural Services Company (ARASCO) (Saudi Arabia), Goody Saudi Food Industries (Saudi Arabia), United Sugar Company (Saudi Arabia) and Other Major Players.
The Saudi Arabia Vegetable Oil Market is segmented into Type, Nature, Packaging Type, Application, Distribution Channels, and region. By Type, the market is categorized into Palm Oil, Soybean Oil, Rapeseed Oil, Sunflower Oil, Olive Oil, And Others. By Nature, the market is categorized into Organic and conventional. By Packaging Type, the market is categorized into Cans, Bottles, Pouches, and Others By Application, The market is categorized into the Food Industry, Pharmaceutical, Cosmetics and personal, Animal Feed, And Industrial. By Distribution Channels, the market is categorized into Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Wholesale Distributors, and Specialty Stores.
Vegetable oil is a type of oil derived from various plant sources, obtained through mechanical processes such as pressing or solvent extraction. Common sources include soybeans, sunflower seeds, canola seeds, palm fruit, coconuts, olives, and peanuts. Each type of vegetable oil has its unique flavor profile and nutritional composition. In the culinary world, vegetable oils serve as a primary cooking medium due to their high smoke points, making them suitable for frying and sautéing. Their neutral taste allows them to enhance the natural flavors of various dishes without overpowering them.
Saudi Arabia's Vegetable Oil Market is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.