Market by Type and Distribution Channel | Forecast 2023-2028
According to Triton’s research report, the
edible oil market in Brazil is anticipated to observe revenue and volume growth
at a CAGR of 3.61% and 2.99%, respectively, over the forecast
period 2023-2028. It is estimated to generate $XX million in value and XX
million liters in volume by 2028.
Edible oil or cooking oil is a type of fat
derived from plants, animals, or microorganisms. It includes triglycerides made
of one glycerol unit and three fatty acids. Besides this, these oils remain in
a liquid state at room temperature, suitable for adding flavor to a variety of
foods. Olive oil, soybean oil, and sunflower oil are examples of edible oils.
Since the nutritious value of food is enhanced
by oils and fats, edible oils have gained significant prominence. This is
mainly owing to their role in offering vitamins such as A and D. They also act
as a heat transfer medium at high temperatures, such as frying. Furthermore,
they enhance the taste sensation in spreads and salad dressing. In Brazil, the
Ministry of Agriculture, Livestock, and Food Supply (MAPA) supervise the
manufacture, distribution, and packaging of edible oils.
While soy oil is preferred among low-income
consumers, premium oils have gained prominence among higher-income groups owing
to their superior nutritional qualities. Less popular oils, like corn oil, that
formerly had little demand are now increasingly prevalent in homes owing to
customers’ increased experimentation. Their appeal is also boosted by the
rising availability of corn and the arrival of regional brands. Increased
consumer awareness and decreasing cultural barriers to oil
consumption have elevated their demand, especially among affluent consumers.
Thus, these factors widen the scope and growth of the edible oil market.
However, high exchange rates and stringent
import and export laws impede market expansion. Additionally, health issues
like diabetes and obesity linked to excessive use of saturated fats may
negatively affect soy oil consumption, slowing demand in high-income groups. As
per estimates, the price will continue to be a crucial determinant of the
category-leading brands since consumers are price sensitive. In this regard,
major companies will fight with premium oil lines and flanker low-cost soy oil
brands.
Triton Market Research’s report provides
in-depth insight into the Brazil edible oil market, along with segmentation
analysis. The detailed analysis of the market includes PESTLE analysis and
value chain analysis. The segmentation analysis of the Brazil edible oil market
includes market by type and distribution channel.
The eminent companies in the edible oil market are Bunge Alimentos SA,
Cargill Agrícola SA, Do Brasil Ltda, and Coamo Cooperativa Agroindustrial Ltda.
1. BRAZIL
EDIBLE OIL MARKET - SUMMARY
1.1. MARKET
SIZE & FORECASTS
1.2. MARKET
DRIVING ASPECTS
1.3. MARKET
RESTRAINING ASPECTS
1.4. KEY
PLAYERS
2. BRAZIL
EDIBLE OIL MARKET OUTLOOK
2.1. MARKET
DEFINITION
2.2. MARKET
SHARE ANALYSIS
2.3. BRAND
SHARE ANALYSIS
2.4. PESTLE
ANALYSIS
2.5. VALUE
CHAIN ANALYSIS
2.6. IMPACT
OF COVID-19 ON THE BRAZIL EDIBLE OIL MARKET
3. BRAZIL
EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE
OIL
3.2. CORN
OIL
3.3. PALM
OIL
3.4. RAPESEED
OIL
3.5. SOY
OIL
3.6. SUNFLOWER
OIL
3.7. OTHER
EDIBLE OILS
4. BRAZIL
EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL
CHANNEL
4.2. E-COMMERCE
5. COMPETITIVE
LANDSCAPE
5.1. BUNGE
ALIMENTOS SA
5.2. CARGILL
AGRÍCOLA SA
5.3. DO
BRASIL LTDA
5.4. COAMO
COOPERATIVA AGROINDUSTRIAL LTDA
6. RESEARCH
METHODOLOGY & SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: BRAZIL EDIBLE
OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: BRAZIL EDIBLE
OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: BRAZIL –
COUNTRY SNAPSHOT
TABLE 4: BRAZIL EDIBLE
OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: BRAZIL EDIBLE
OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: BRAZIL EDIBLE
OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 1: BRAZIL EDIBLE
OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: BRAZIL EDIBLE
OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN
ANALYSIS
FIGURE 4: BRAZIL EDIBLE
OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: BRAZIL EDIBLE
OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: BRAZIL EDIBLE
OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: BRAZIL EDIBLE
OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: BRAZIL EDIBLE
OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)
FIGURE 9: BRAZIL EDIBLE
OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)
FIGURE 10: BRAZIL
EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)
FIGURE 11: BRAZIL
EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 12: BRAZIL
EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 13: BRAZIL
EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 14: BRAZIL
EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)