According to the latest estimates, the cooking and edible oils market in Singapore is set to achieve an incremental growth of USD 39.6 million, accelerating at a CAGR of almost 5.3% during the forecast period 2024-2029. In Singapore, the growth of the cooking and edible oils market is primarily driven by heightened health consciousness and the increasing prevalence of specialty diets. As consumers become more aware of the health implications of dietary fats, there is a marked shift towards oils perceived as healthier, such as those rich in omega-3 fatty acids or derived from organic sources.
Additionally, the rise of specialty diets, including veganism and low-carb eating plans, is creating demand for specific types of cooking oils that align with these dietary preferences. Enhanced product innovation and the introduction of fortified oils further cater to health-focused consumers, reinforcing market growth in these regions.
The report offers a comprehensive evaluation of the Singapore 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 Singapore is classified into the following segments:
Product: olive oil, corn oil (maize 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 Singapore 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 Singapore is categorized into olive oil, corn oil (maize oil), rapeseed oil (canola oil), soy oil, sunflower oil, and others. On the basis of packaging type, the cooking and edible oils market in Singapore has been segmented into glass bottles, metal containers, and plastic bottles. By distribution channel, the cooking and edible oils market in Singapore has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The Singapore cooking and edible oils market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Borges International Group S.L., Deoleo S.A., Lam Soon Group, Ngo Chew Hong Edible Oil Pte. Ltd., Sime Darby Plantation Berhad, The Kraft Heinz Company, Yee Lee Corporation Berhad (YLC).
The report presents a detailed analysis of the Singapore 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 Singapore 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 Singapore cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore 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 overviewSingapore cooking and edible oils market – product analysis
Singapore cooking and edible oils market – packaging type analysis
Singapore cooking and edible oils market – distribution channel analysis
Key players and market share
– Borges International Group S.L.
– Deoleo, S.A.
– Lam Soon Group
– Ngo Chew Hong Edible Oil Pte. Ltd.
– Sime Darby Plantation Berhad
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Singapore cooking and edible oils market 2019-2029
Chart Singapore cooking and edible oils market, net growth, 2019-2029
Chart Singapore cooking and edible oils market, growth rates, 2019-2029
Table Singapore cooking and edible oils market by product, 2019-2029
Chart Singapore cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart Singapore cooking and edible oils market by product, 2019-2029
Table Singapore cooking and edible oils market by packaging type, 2019-2029
Chart Singapore cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart Singapore cooking and edible oils market by packaging type, 2019-2029
Table Singapore cooking and edible oils market by distribution channel, 2019-2029
Chart Singapore cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Singapore cooking and edible oils market by distribution channel, 2019-2029
Table Singapore cooking and edible oils market share (%), by companies, 2019-2023
Chart Singapore cooking and edible oils market, by companies, 2023
Table Singapore cooking and edible oils market share (%), by brands, 2019-2023
Chart Singapore cooking and edible oils market, by brands, 2023
Table Singapore – population (millions) and forecast
Table Singapore – consumer price index (CPI) and forecast
Table Singapore – gross domestic product and forecast
Table Singapore cooking and edible oils market: spend as a proportion of GDP (%)
Table Singapore cooking and edible oils market: consumption per capita (population)