Market by Type and Distribution Channel | Forecast 2023-2028
Triton’s market research report infers that the
market for edible oil in Italy would register progress at a CAGR of 3.14% in revenue and 2.88% in volume over the forecast
period 2023-2028. The market is further estimated to
obtain $XX million in value and XX million liters in volume by 2028.
Edible oil, also known as cooking oil, is
obtained from plants, animals, or microorganisms. It is considered to be
suitable for consumption at room temperature. Moreover, edible oil comprises
triglycerides: three fatty acids and one unit of glycerol. Olive oil, palm oil,
soybean oil, canola oil, and sunflower oil are some edible oils used to flavor
a variety of foods.
With oil and fats adding nutritious value to
foods, edible oils have emerged as a vital energy source that offers vitamins
such as A and D. Besides, these oils enhance the taste in spreads and salad
dressing, making them a vital cooking ingredient. The European Union is
responsible for regulating the production, packaging, and sale of edible oils
in Italy.
Olive oil is set to account for nearly
three-quarters of all volume sales by the end of 2022. A growing number of
millennials are expressing interest in olive oil. This has led to the
availability of various olive oils, including organic, unfiltered, PDO
(protected designation of origin), 100% Italian, European, sustainable, PGI
(Protected Geographical Indication), and filtered. The Italian edible oil
market is projected to be driven by the growing demand and a wide range of
options. Additionally, many producers have commenced listing the product’s
nutritional information on the packaging labels to appeal to health-conscious
consumers.
However, the surge in global competitors and
shifting market dynamics pose several challenges for the studied market. Additionally,
the number of groves is declining due to increased production costs. While
larger businesses have embraced changes, many small producers face increased
innovation, automation, and digital marketing costs. The number of operating
farms decreased from 1.6 million to 1.1 million between 2010 and 2020,
according to the National Institute of Statistics (Istat). The Italian
agriculture sector is also impacted by generational shifts and shifting
workforce dynamics, constraining the edible oil market’s growth.
Triton Market Research’s report provides
in-depth insight into the Italian edible oil market, along with segmentation
analysis. The detailed analysis of the market includes PESTLE and value chain
analysis. The segmentation analysis of the Italy edible oil market includes
market by type and distribution channel.
The prominent companies thriving in the edible oil market are Carapelli
Firenze SpA, Monini SpA, Coop Italia Scarl, Olio Dante SpA, and CONAD -
Consorzio Nazionale Dettaglianti Scrl.
1. ITALY
EDIBLE OIL MARKET - SUMMARY
1.1. MARKET
SIZE & FORECASTS
1.2. MARKET
DRIVING ASPECTS
1.3. MARKET
RESTRAINING ASPECTS
1.4. KEY
PLAYERS
2. ITALY
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 ITALY EDIBLE OIL MARKET
3. ITALY
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. ITALY
EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL
CHANNEL
4.2. HOME
SHOPPING
4.3. E-COMMERCE
5. COMPETITIVE
LANDSCAPE
5.1. CARAPELLI
FIRENZE SPA
5.2. MONINI
SPA
5.3. COOP
ITALIA SCARL
5.4. OLIO
DANTE SPA
5.5. CONAD
- CONSORZIO NAZIONALE DETTAGLIANTI SCRL
6. RESEARCH
METHODOLOGY & SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: ITALY EDIBLE
OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: ITALY EDIBLE
OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: ITALY –
COUNTRY SNAPSHOT
TABLE 4: ITALY EDIBLE
OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: ITALY EDIBLE
OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: ITALY EDIBLE
OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 1: ITALY EDIBLE
OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: ITALY EDIBLE
OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN
ANALYSIS
FIGURE 4: ITALY EDIBLE
OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: ITALY EDIBLE
OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: ITALY EDIBLE
OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: ITALY EDIBLE
OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: ITALY EDIBLE
OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)
FIGURE 9: ITALY EDIBLE
OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)
FIGURE 10: ITALY EDIBLE
OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)
FIGURE 11: ITALY EDIBLE
OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 12: ITALY EDIBLE
OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 13: ITALY EDIBLE
OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 14: ITALY EDIBLE
OIL MARKET, BY HOME SHOPPING, 2023-2028 (IN $ MILLION)
FIGURE 15: ITALY EDIBLE
OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)