According to latest analysis, the cooking and edible oils in Ecuador market was USD 887 million in 2023 and is expected to reach USD 1,059 million in 2029 and register a CAGR of 3% during the forecast period, 2024-2029. The Ecuador cooking and edible oils market is primarily driven by the country’s expanding population and increasing urbanization, which are fueling demand for edible oils. As incomes rise, there is also a noticeable shift towards packaged and processed foods, further boosting market growth.
Moreover, growing consumer awareness about health and nutrition is creating demand for healthier alternatives, such as rice bran oils. The expansion of retail distribution networks, including supermarkets and modern trade channels, is making a wider variety of oils accessible, supporting further market expansion.
The report offers a comprehensive evaluation of the Ecuador cooking and edible oils market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, packaging type, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the cooking and edible oils industry.
Market Segmentation
The cooking and edible oils market in Ecuador is classified into the following segments:
Product: olive oil, corn oil (maize oil), palm oil, soy oil, sunflower oil
Packaging type: glass bottles, metal containers, plastic bottles
Distribution channel: supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, others
The Ecuador cooking and edible oils market is segmented on the basis of product, packaging type, and distribution channel. By product, the cooking and edible oils market in Ecuador has been segmented into olive oil, corn oil (maize oil), palm oil, soy oil, and sunflower oil. Based upon packaging type, the cooking and edible oils market in Ecuador is categorized into glass bottles, metal containers, and plastic bottles. On the basis of distribution channel, the cooking and edible oils market in Ecuador has been segmented into supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The Ecuador cooking and edible oils market is highly competitive. The prominent players operating in the Ecuador cooking and edible oils market include Aceites del Sur-Coosur S.A. (Acesur), Danec S.A., Deoleo S.A., Grasco Ltda., Industrias Ales C.A., La Fabril S.A., Sipia S.A., Vincenzo Salvo S.p.A.
The report presents a detailed analysis of the Ecuador cooking and edible oils market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Ecuador 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 Ecuador cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ecuador 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 overviewEcuador cooking and edible oils market – product analysis
Ecuador cooking and edible oils market – packaging type analysis
Ecuador cooking and edible oils market – distribution channel analysis
Key players and market share
– Aceites del Sur-Coosur S.A. (Acesur)
– Danec S.A.
– Deoleo, S.A.
– Grasco Ltda.
– Industrias Ales C.A.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Ecuador cooking and edible oils market 2019-2029
Chart Ecuador cooking and edible oils market, net growth, 2019-2029
Chart Ecuador cooking and edible oils market, growth rates, 2019-2029
Table Ecuador cooking and edible oils market by product, 2019-2029
Chart Ecuador cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart Ecuador cooking and edible oils market by product, 2019-2029
Table Ecuador cooking and edible oils market by packaging type, 2019-2029
Chart Ecuador cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart Ecuador cooking and edible oils market by packaging type, 2019-2029
Table Ecuador cooking and edible oils market by distribution channel, 2019-2029
Chart Ecuador cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Ecuador cooking and edible oils market by distribution channel, 2019-2029
Table Ecuador cooking and edible oils market share (%), by companies, 2019-2023
Chart Ecuador cooking and edible oils market, by companies, 2023
Table Ecuador cooking and edible oils market share (%), by brands, 2019-2023
Chart Ecuador cooking and edible oils market, by brands, 2023
Table Ecuador – population (millions) and forecast
Table Ecuador – consumer price index (CPI) and forecast
Table Ecuador – gross domestic product and forecast
Table Ecuador cooking and edible oils market: spend as a proportion of GDP (%)
Table Ecuador cooking and edible oils market: consumption per capita (population)