The cooking and edible oils market in Tanzania is likely to register a CAGR of over 9.2% with an incremental growth of USD 355.7 million during the forecast period 2024-2029. In Tanzania, the growth of the cooking and edible oils market is primarily driven by rising disposable incomes and increased urbanization. As economic development progresses, consumers in the country are experiencing higher purchasing power, leading to a surge in demand for diverse food products and higher-quality cooking oils. Urbanization also plays a critical role, as it fosters a shift towards more modern lifestyles and eating habits, further bolstering the consumption of cooking and edible oils. Additionally, the expansion of retail infrastructure and improved distribution networks are facilitating greater accessibility to a variety of cooking oil options, further supporting market growth.
This report presents a detailed overview of the Tanzania cooking and edible oils industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product, packaging type, and distribution channel. This detailed analysis supports the identification of growth opportunities within the cooking and edible oils industry.
Market Segmentation
The cooking and edible oils market in Tanzania is structured as follows:
Product: olive oil, palm oil, rapeseed oil (canola oil), sunflower oil
Packaging type: glass bottles, metal containers, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, others
The Tanzania cooking and edible oils market is segmented on the basis of product, packaging type, and distribution channel. Based on product, the cooking and edible oils market in Tanzania is categorized into olive oil, palm oil, rapeseed oil (canola oil), and sunflower oil. On the basis of packaging type, the cooking and edible oils market in Tanzania has been segmented into glass bottles, metal containers, and plastic bottles. By distribution channel, the cooking and edible oils market in Tanzania has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, and others.
Competitive Landscape
The key players in the cooking and edible oils market include Bidco Africa Ltd., IFFCO Group, MeTL Group, Murzah Oil Mills Ltd., Sunshine Industrial Co. Ltd.
This report provides a thorough assessment of the Tanzania cooking and edible oils market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Tanzania cooking and edible oils market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Tanzania cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Tanzania cooking and edible oils market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewTanzania cooking and edible oils market – product analysis
Tanzania cooking and edible oils market – packaging type analysis
Tanzania cooking and edible oils market – distribution channel analysis
Key players and market share
– Bidco Africa Ltd.
– IFFCO Group
– MeTL Group
– Murzah Oil Mills Ltd.
– Sunshine Industrial Co., Ltd.
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Tanzania cooking and edible oils market 2019-2029
Chart Tanzania cooking and edible oils market, net growth, 2019-2029
Chart Tanzania cooking and edible oils market, growth rates, 2019-2029
Table Tanzania cooking and edible oils market by product, 2019-2029
Chart Tanzania cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart Tanzania cooking and edible oils market by product, 2019-2029
Table Tanzania cooking and edible oils market by packaging type, 2019-2029
Chart Tanzania cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart Tanzania cooking and edible oils market by packaging type, 2019-2029
Table Tanzania cooking and edible oils market by distribution channel, 2019-2029
Chart Tanzania cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Tanzania cooking and edible oils market by distribution channel, 2019-2029
Table Tanzania cooking and edible oils market share (%), by companies, 2019-2023
Chart Tanzania cooking and edible oils market, by companies, 2023
Table Tanzania cooking and edible oils market share (%), by brands, 2019-2023
Chart Tanzania cooking and edible oils market, by brands, 2023
Table Tanzania – population (millions) and forecast
Table Tanzania – consumer price index (CPI) and forecast
Table Tanzania – gross domestic product and forecast
Table Tanzania cooking and edible oils market: spend as a proportion of GDP (%)
Table Tanzania cooking and edible oils market: consumption per capita (population)