Singapore Cooking and Edible Oils Market 2025

The outlook for the Singapore cooking and edible oils market indicates a modest growth of USD 64.8 million, with an expected CAGR of approximately 3.8% over the next five years. Singapore’s edible oil market operates at the nexus of affluence, global exposure, and precision-driven consumer preferences, creating an environment where oil selection is not merely functional but increasingly tied to wellness, culinary authenticity, and provenance. The country’s status as a regional food innovation hub has shaped its oil consumption patterns toward premiumization, with consumers showing clear preference for olive, avocado, grapeseed, and rice bran oils—products perceived as aligned with health-conscious lifestyles and gourmet standards. Retail shelves in upscale supermarkets like Cold Storage and NTUC Finest reflect this evolution, offering a wide variety of cold-pressed and organic options sourced from Europe, Australia, and Japan. Culinary enthusiasts and health-aware families alike treat oil selection as an extension of their dietary identity, often favoring oils with documented heart-health benefits or sustainable production certifications.

The high penetration of Western and Mediterranean cuisines within Singapore’s multicultural food landscape further amplifies demand for oils that support light sautéing, salad finishing, and low-heat preparations. Foodservice players—especially in the fine dining and boutique café sectors—are curating oil portfolios based on culinary pairing rather than cost efficiency, mirroring the consumer movement toward ingredient transparency and nutritional profiling. Additionally, Singapore’s proactive stance on food labeling, nutrition education, and non-communicable disease prevention has elevated public scrutiny of saturated fat content, spurring increased uptake of oils with favorable lipid profiles. E-commerce platforms and subscription-based health food services have accelerated the discovery and adoption of niche oil types, often reinforced by influencer-driven product storytelling and recipe integration. In this highly literate and brand-discerning market, oil consumption is as much about function as it is about aspiration—creating a premium-led, innovation-ready ecosystem with little tolerance for mediocrity in either health claims or taste performance.

This report presents a thorough analysis and future outlook for the Singapore cooking and edible oils market, covering historical data from 2020 to 2024 and forecasts up to 2030. It investigates market size, growth patterns, and segmented insights, revealing the trends transforming the industry. By dissecting critical aspects such as product, packaging type and distribution channel, the report provides a comprehensive toolkit for understanding and capitalizing on market opportunities.

Market Segmentation

The Singapore cooking and edible oils market is structured as follows:
Product: olive oil, corn oil (maize oil), rapeseed oil (canola oil), soybean oil, sunflower oil, others
Packaging type: glass bottles, plastic bottles
Distribution channel: convenience stores, e-commerce, foodservice channels, forecourts, hypermarkets, small grocery stores, supermarkets, others

The Singapore market for cooking and edible oils is divided based on product, packaging type and distribution channel. By product, the market includes olive oil, corn oil (maize oil), rapeseed oil (canola oil), soybean oil, sunflower oil, and others. Packaging type categories include glass bottles, and plastic bottles. Distribution channel segmentation comprises convenience stores, e-commerce, foodservice channels, forecourts, hypermarkets, small grocery stores, supermarkets, and others.

Competitive Landscape

The report provides profiles of notable companies, including 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 and Yee Lee Corporation Berhad (YLC). The report provides a detailed assessment of prominent companies within the cooking and edible oils market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Singapore cooking and edible oils market.
Gain in-depth analysis and forecasts for the key segments of the Singapore cooking and edible oils market: product, packaging type and distribution channel.
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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.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Singapore 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
Company Shares Analysis
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)
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Singapore Cooking and Edible Oils Market 2020-2030
Chart Singapore Cooking and Edible Oils Market, Net Growth, 2020-2030
Chart Singapore Cooking and Edible Oils Market, Growth Rates, 2020-2030
Table Singapore Cooking and Edible Oils Market by Product, 2020-2030
Chart Singapore Cooking and Edible Oils Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Singapore Cooking and Edible Oils Market by Product, 2020-2030
Table Singapore Cooking and Edible Oils Market by Packaging Type, 2020-2030
Chart Singapore Cooking and Edible Oils Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart Singapore Cooking and Edible Oils Market by Packaging Type, 2020-2030
Table Singapore Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Chart Singapore Cooking and Edible Oils Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Singapore Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Table Singapore Cooking and Edible Oils Market Share (%), by Companies, 2020-2024
Chart Singapore Cooking and Edible Oils Market, by Companies, 2024
Table Singapore Cooking and Edible Oils Market Share (%), by Brands, 2020-2024
Chart Singapore Cooking and Edible Oils Market, by Brands, 2024
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)

Companies Mentioned

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)