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UAE Edible Oil Market Research Report: Forecast (2021-2026)

By Type (Industrial Oil (Linseed Oil, Castor Oil), Vegetable Oils (Canola Oil, Soybean Oil, Olive Oil, Sunflower Oil, Peanut Oil), Animal-Derived Oils (Fish Oil), Palm Oils (Palm O......il, Coconut Oil, Palm Kernel Oil)), By Application (Food, Non-Food Application, Industrial (Biodiesel, Fatty acids & Alcohols, Lubricants, Solvents), Other (Animal Feed)), By Extraction Method (Mechanical Extraction, Solvent Extraction, Hydrogenation, Sparging), By Region (Dubai, Abu Dhabi & Al Ain, Sharjah, Northern Emirates), By Competitors (Iffco Group, Rafael Salgado S.A., Abu Dhabi Vegetable Oil, Co., Near East Olive Products, Cargill, Incorporated, Amira Nature Foods Ltd., Omani Vegetable Oils & Derivatives Co. LLC., AJWA Group, Archer-Daniels-Midland Company, Sime Darby Plantation Berhad) Read more

Food & Beverages
Mar 2022
Pages 111
Report Format: PDF, Excel, PPT

Market Definition

Edible oil is the fat of plants, animals, or microbial origins suitable to use in food. There is an extensive range of edible oils like industrial, vegetable, animal-derived, & palm oil, among others. The generic term "vegetable oil" labeled on cooking oil is a blend of different oils based on palm, corn, soybean, or sunflower oils.

Market Insights

The UAE Edible Oil Market is projected to grow at a CAGR of around 2.5% during the forecast period, i.e., 2021-26. The growth of the market is likely to be driven primarily by massive investments by the government & leading manufacturers in local edible oils across the UAE to meet the mounting food requirements of the population entwined with the escalating need to reduce dependence on imports from neighboring countries.

Report Coverage	Details
Study Period	Historical Data: 2016-19
	Base Year: 2020
	Forecast Period: 2021-26
CAGR (2021-2026)	2.5%
Key Companies Profiled	Iffco Group, Rafael Salgado S.A., Abu Dhabi Vegetable Oil, Co., Near East Olive Products, Cargill, Incorporated, Amira Nature Foods Ltd., Omani Vegetable Oils & Derivatives Co. LLC., AJWA Group, Archer-Daniels-Midland Company, Sime Darby Plantation Berhad
Unit Denominations	USD Million/Billion

Besides, since the UAE has the highest per capita consumption of edible oils, less self-sufficiency in production is playing a crucial role in attracting several foreign edible oil brands to invest substantially in the country. It, in turn, would display a growing establishment of several edible oil manufacturers in the country and augment the market growth during the forecast period.

Moreover, the manufacturing of edible oils with high-quality natural antioxidants and high levels of minerals & vitamins entwined with the growing customer awareness about these benefits are other crucial aspects likely to create an extensive demand for edible oils & stimulate the overall market growth across the UAE during 2021-26.

Impact of Covid-19 on the UAE Edible Oil Market

The advent of the Covid-19 pandemic severely affected most industries across the UAE, where the Edible Oil Market witnessed a moderate impact. The imposition of stringent movement restrictions & frequent lockdowns by the UAE government to curb the spread of this dreadful disease resulted in several unprecedented challenges for the market.

Disruptions in the supply chain & hampered transportation & logistics led to the unavailability of raw materials & delays in the deliveries of pre-produced edible oils across the country. However, since these oils were categorized under essentials, the government allowed their production & distribution, coupled with operations associated with manufacturing amidst the crisis.

As a result, producers began increasing their capabilities to meet the burgeoning demand for oil and displayed consistent market growth amidst the crisis. Moreover, the gradual improvement in the pandemic situation enabled the government to uplift the restrictions & allowed a full-fledged operation of the market.

Introduction
1. Product Definition
2. Research Process
3. Assumptions
4. Market Segmentation
Preface
Executive Summary
Impact of COVID-19 on UAE Edible Oil Market
UAE Edible Oil Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. Revenues
  2. Volume
2. Market Share & Analysis
  1. By Type
    1. Industrial Oil
      1. Linseed Oil
      2. Castor Oil
    2. Vegetable Oils
      1. Canola Oil
      2. Soybean Oil
      3. Olive Oil
      4. Sunflower Oil
      5. Peanut Oil
      6. Others
    3. Animal-Derived Oils
      1. Fish Oil
      2. Others
    4. Palm Oils
      1. Palm Oil
      2. Coconut Oil
      3. Palm Kernel Oil
  2. By Application
    1. Food
    2. Non-Food Application
      1. Industrial
        
        Biodiesel
        
        Fatty acids and alcohols
        
        Lubricants
        
        Solvents
        
        Other
      2. Animal Feed
  3. By Extraction Method
    1. Mechanical Extraction
    2. Solvent Extraction
    3. Hydrogenation
    4. Sparging
  4. By Region
    1. Dubai
    2. Abu Dhabi & Al Ain
    3. Sharjah
    4. Northern Emirates
  5. By Competitors
    1. Competition Characteristics
    2. Market Share & Analysis
    3. Competitive Metrix
3. Market Attractiveness Index
  1. By Type
  2. By Application
  3. By Extraction Method
  4. By Region
UAE Edible Oil Market Distribution Channel Analysis
1. Offline
2. Online
UAE Edible Oil Market Value Chain Analysis
UAE Edible Oil Market Regulations, Policies, Product Benchmarks
UAE Edible Oil Consumer Behavior Analysis
1. Factors Affecting Buying Decision
2. Consumer Trends & Preferences
UAE Edible Oil Market Trends & Insights
UAE Edible Oil Market Dynamics
1. Drivers
2. Challenges
3. Impact Analysis
UAE Edible Oil Market Hotspot & Opportunities
UAE Edible Oil Market, Competition Outlook
1. Competition Matrix
  1. Brand Specialization
  2. Target Applications
  3. Research & Development
  4. Collaborations & Strategic Alliances
  5. Key Business Expansion Initiatives
  6. Business Restructuring- Mergers, Acquisitions, JVs
  7. Strategic Initiatives
2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
  1. Iffco Group
  2. Rafael Salgado S.A.
  3. Abu Dhabi Vegetable Oil, Co.
  4. Near East Olive Products
  5. Cargill, Incorporated
  6. Amira Nature Foods Ltd
  7. Omani Vegetable Oils & Derivatives Co. LLC.
  8. AJWA Group
  9. Archer-Daniels-Midland Company
  10. Sime Darby Plantation Berhad
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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