Edible Oil Market: Report Scope A latest market report on the global edible oil market evaluates the opportunities and current market scenario, providing insights and updates about the corresponding segments involved in the global edible oil market for the forecast period of 2020-2030.The report provides detailed assessment...
Executive Summary The Global Renewable Diesel Market, valued at USD 19.15 Billion in the year 2019 has been witnessing unprecedented growth in the last few years on the back of growing demand of clean energy and Government policies to promote renewable diesel. Additionally, growing demand of biofuel, availability of feedstock...
Edible oils is expected to see a boost in retail volume growth as a result of the COVID-19 pandemic. Although the forced closure of all foodservice outlets meant a sharp decline in foodservice volumes, with edible oils being a key ingredient for many eateries throughout the country, retail volume growth will increase considerably, with more...
In 2020, edible oils is anticipating stronger retail volume and current value growth than was seen the previous year, while foodservice volume is expected to contract. The restrictions in functioning of foodservice outlets due to COVID-19 pandemic contributed substantially to the increase of home cooking, which supported the growing demand...
In 2020, many consumers were worried about the uncertain future and wanted to limit their shopping trips where possible in order to avoid potential exposure to the COVID-19 virus. As such, many Macedonian customers turned to panic buying and stockpiling during the COVID-19 crisis. In edible oils, this behaviour was particularly noticeable...
To help control the spread of COVID-19 the government of India has taken a range of measures including a nationwide lockdown. With foodservice outlets forced to shut and consumers forced to remain at home this led to a rise in home cooked food. With edible oils being used in a wide range of popular Indian dishes this provided a boost to retail...
The outbreak of COVID-19 is expected to have a relatively positive impact on sales of edible oils overall. Despite a sharp decline in foodservice volume for the category as consumers were slightly more nervous about their risk of infection in foodservice outlets, strong retail value growth will provide compensation for suppliers. This retail...
Edible oils is expected to record a considerably higher growth rate in 2020 compared to the end of the review period as consumers have to cook more of their meals at home. As people are restricted to their homes during lockdown and through a lingering reluctance to return to crowded places, they will be eating and therefore preparing more...
In 2020, edible oils has seen stronger retail volume and current value growth than in the previous year due to COVID-19, although foodservice volume sales have declined dramatically. With social distancing measures in place in foodservice outlets such as restaurants, the capacity of these outlets has been significantly reduced, contributing...
After performing well in 2019, edible oils is expected to perform even better in 2020 in response to the pandemic. All product areas are anticipated to see a notable rise in current value sales. As edible oils is regarded as a staple food that is used in many meals in Bosnia and Herzegovina, any financial difficulties caused by the pandemic...