According to the latest market study results, the cooking and edible oils market in Myanmar stood at around USD 922 million in 2023 and is projected to rise to a worth of USD 1,153 million by 2029 end, thereby garnering a CAGR of 3.8% during 2024-2029. The Myanmar cooking and edible oils market is primarily driven by rapid urbanization and rising disposable incomes, which are fueling the demand for higher-quality edible oils, particularly among health-conscious consumers. The growing middle class is increasingly opting for oils with health benefits, as part of a broader shift towards healthier eating habits.
Additionally, the expansion of the food processing industry, coupled with the growth of e-commerce platforms, has significantly boosted the accessibility and availability of a diverse range of edible oils. This digital transformation is making it easier for consumers to explore premium oils, further driving market growth.
The report provides a comprehensive analysis of the Myanmar cooking and edible oils industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product, packaging type, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the cooking and edible oils sector.
Market Segmentation
The segmentation of the cooking and edible oils market in Myanmar is outlined below:
Product: olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), soy oil, sunflower oil, others
Packaging type: glass bottles, metal containers, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others
The Myanmar 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 Myanmar is categorized into olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), soy oil, sunflower oil, and others. On the basis of packaging type, the cooking and edible oils market in Myanmar has been segmented into glass bottles, metal containers, and plastic bottles. By distribution channel, the cooking and edible oils market in Myanmar has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The report also includes the profiles of leading companies such as FGV Holdings Berhad, Htay Htay Win Oil Mill, Southern Myanmar Co. Ltd., Thanakorn Vegetable Oil Products Co. Ltd., Wilmar International Ltd.
The report offers a comprehensive review of the Myanmar cooking and edible oils market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Myanmar 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 Myanmar cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Myanmar 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 overviewMyanmar cooking and edible oils market – product analysis
Myanmar cooking and edible oils market – packaging type analysis
Myanmar cooking and edible oils market – distribution channel analysis
Key players and market share
– FGV Holdings Berhad
– Htay Htay Win Oil Mill
– Southern Myanmar Co., Ltd.
– Thanakorn Vegetable Oil Products Co., Ltd.
– Wilmar International Ltd
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Myanmar cooking and edible oils market 2019-2029
Chart Myanmar cooking and edible oils market, net growth, 2019-2029
Chart Myanmar cooking and edible oils market, growth rates, 2019-2029
Table Myanmar cooking and edible oils market by product, 2019-2029
Chart Myanmar cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart Myanmar cooking and edible oils market by product, 2019-2029
Table Myanmar cooking and edible oils market by packaging type, 2019-2029
Chart Myanmar cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart Myanmar cooking and edible oils market by packaging type, 2019-2029
Table Myanmar cooking and edible oils market by distribution channel, 2019-2029
Chart Myanmar cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Myanmar cooking and edible oils market by distribution channel, 2019-2029
Table Myanmar cooking and edible oils market share (%), by companies, 2019-2023
Chart Myanmar cooking and edible oils market, by companies, 2023
Table Myanmar cooking and edible oils market share (%), by brands, 2019-2023
Chart Myanmar cooking and edible oils market, by brands, 2023
Table Myanmar – population (millions) and forecast
Table Myanmar – consumer price index (CPI) and forecast
Table Myanmar – gross domestic product and forecast
Table Myanmar cooking and edible oils market: spend as a proportion of GDP (%)
Table Myanmar cooking and edible oils market: consumption per capita (population)