PROSPECTS AND OPPORTUNITIES
Premium olive oils bring distinct varieties and quality direct to consumers
Although health-conscious consumers are switching to more affordable edible oils, there are a group of consumers who prioritise their nutritional intake and are willing to pay more for high-quality ingredients. Premium olive oil brands use more unique olive varieties and offer direct shipping to attract affluent consumers who value both the flavour and health benefits.
Rising popularity of niche cooking oils
Consumers prioritising food safety and health are increasingly focused on the ingredients and production processes use to make cooking oils. Niche brands that emphasise the use of small-farm ingredients and freshly pressed methods are gaining popularity as a result.
Advances in sustainability to include waste recycling
Sustainable development is a key focus for future industry development, with players seeking to extend beyond packaging to include the promotion and recycling of waste cooking oil as another critical area of emphasis. After recycling, waste cooking oil can be used as a raw material for biodiesel or DIY eco-friendly soap, contributing to the circular economy and reuse goals.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Edible Oils industry in Taiwan 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 Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Edible Oils in Taiwan report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Edible Oils in Taiwan?
- Which are the leading brands in Edible Oils in Taiwan?
- How are products distributed in Edible Oils in Taiwan?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Edible Oils?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Taiwan?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Edible Oils in Taiwan - Category analysis
KEY DATA FINDINGS
Foodservice volume growth recovers as dining out resumes
Rising olive oil prices drive consumers towards affordable alternatives
Expanding oil variety meets the demands of health-conscious consumers
Premium olive oils bring distinct varieties and quality direct to consumers
Rising popularity of niche cooking oils
Advances in sustainability to include waste recycling
Cooking Ingredients and Meals in Taiwan - Industry Overview
Cooking ingredients and meals in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
DISCLAIMER
The following categories and subcategories are included:
Edible Oils
- Olive Oil
- Corn Oil
- Palm Oil
- Rapeseed Oil
- Soy Oil
- Sunflower Oil
- Other Edible Oil
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 definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Edible Oils research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!