Saudi Arabia Edible Oils Market Growth, Size, Trends Analysis- By Type, By Packaging Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Saudi Arabia Edible Oils Market Introduction and Overview
According to SPER market research, ‘Saudi Arabia Edible Oils Market Size- By Type, By Packaging Type, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Saudi Arabia Edible Oils Market is predicted to reach USD 2.2 Billion by 2033 with a CAGR of 5.28%.
Edible oil is a kind of fat used for frying, cooking, and food preparation that can come from synthetic, plant, or animal sources. It is an important component of many international cuisines, adding tastes, giving vital nutrients, and acting as a cooking medium that is stable at high temperatures. Common sources of edible oils include animal fats like butter and lard, as well as vegetable crops including soybeans, sunflower, canola, palm, and olive.
The market for edible oil in Saudi Arabia was significantly impacted by the COVID-19 outbreak. Since the food service industry is a significant consumer of edible oils, the nationwide lockdowns and limitations on travel and commerce resulted in a decline in demand for these items. However, when more people began cooking at home, there was a greater need for edible oils for domestic use.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Packaging Type, By End User
Regions covered Eastern Region, Western Region, Southern Region, Northern Region.
Companies Covered Abdullah Hashim Industrial Gases & Equipment Co. Ltd., Al-Adwani General Trading Co. Ltd., Ali Shaihani Group of Industries, Americana Foods, Aujan Industries, Arabian Food Industries Co. (Domty), Emirate Refining Company (Erco), Faisal Al Nusif Trading Co.
Saudi Arabia Edible Oils Market Segmentation:
By Type: Based on the Type, Saudi Arabia Edible Oils Market is segmented as; Palm Oil, Soybean Oil, Rapeseed Oil, Sunflower Oil, Peanut Oil, Specialty Blended Oil, Olive Oil, Corn Oil, Flaxseed Oil, Avocado Oil, Edible Oil, Pumpkin Seed Oil.
By Packaging Type: Based on the Packaging Type, Saudi Arabia Edible Oils Market is segmented as; Pouches, Jars, Cans, Bottles.
By Region: This research also includes data for Eastern, Western, Northern, Southern.