Expected to see substantial growth, the Myanmar cooking and edible oils market is anticipated to move from USD 802.6 million in 2024 to USD 1,231.8 million by 2030, corresponding to a CAGR of 7.4%. 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 offers a comprehensive analysis of the Myanmar cooking and edible oils market, delivering detailed insights into market size, historical growth trends over the past six years, and forward-looking projections through 2030. It provides a granular breakdown of the market by product and distribution channel, highlighting key drivers, challenges, and opportunities shaping the industry.
Market Segmentation
The following outlines the segmentation of the Myanmar cooking and edible oils market:
Product: olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), soybean oil, sunflower oil, others
Distribution channel: convenience stores, foodservice channels, forecourts, hypermarkets, small grocery stores, supermarkets, others
The segmentation of the Myanmar cooking and edible oils market product and distribution channel. In terms of product, the market is segmented into olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), soybean oil, sunflower oil, and others. Distribution channel segmentation comprises convenience stores, foodservice channels, forecourts, hypermarkets, small grocery stores, supermarkets, and others.
Competitive Landscape
The competitive landscape of the cooking and edible oils market has been analyzed, with a focus on key players such as FGV Holdings Berhad, Htay Htay Win Oil Mill, Southern Myanmar Co. Ltd., Thanakorn Vegetable Oil Products Co. Ltd. and Wilmar International Ltd. This report delivers an in-depth examination of leading companies in the cooking and edible oils sector, analyzing their performance from 2020 to 2024. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Myanmar cooking and edible oils market.
Gain in-depth analysis and forecasts for the key segments of the Myanmar cooking and edible oils market: product and distribution channel.
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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.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Myanmar Cooking and Edible Oils Market – Product 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
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Myanmar Cooking and Edible Oils Market 2020-2030
Chart Myanmar Cooking and Edible Oils Market, Net Growth, 2020-2030
Chart Myanmar Cooking and Edible Oils Market, Growth Rates, 2020-2030
Table Myanmar Cooking and Edible Oils Market by Product, 2020-2030
Chart Myanmar Cooking and Edible Oils Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Myanmar Cooking and Edible Oils Market by Product, 2020-2030
Table Myanmar Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Chart Myanmar Cooking and Edible Oils Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Myanmar Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Table Myanmar Cooking and Edible Oils Market Share (%), by Companies, 2020-2024
Chart Myanmar Cooking and Edible Oils Market, by Companies, 2024
Table Myanmar Cooking and Edible Oils Market Share (%), by Brands, 2020-2024
Chart Myanmar Cooking and Edible Oils Market, by Brands, 2024
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)
Companies Mentioned
FGV Holdings Berhad
Htay Htay Win Oil Mill
Southern Myanmar Co., Ltd.
Thanakorn Vegetable Oil Products Co., Ltd.
Wilmar International Ltd