Market Forecast By Type (Palm Oil, Soybean Oil, Mustard Oil, Sunflower Oil, Others, ), By Packaging Type (Pouches, Jars, Cans, Bottles, ), By Pack Size (Less than 1 Litres, 1 Litres, 1 Litres - 5 litres, 5 Litres - 10 Litres, 10 Litres and Above, ), By Packaging Material (Metal, Plastic, Paper, Others), By Application (HoReCa, Home Users, Food Processing Industry, ), By Distribution Channel (Direct/Institutional Sales, Supermarkets and Hypermarkets, Convenience Stores, Online, Others) And Competitive Landscape
Product Code: ETC220952 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bangladesh Edible Oil Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Although the growth rate starts strong at 46.78% in 2025, it steadily loses momentum, ending at 8.76% by 2029.
In the Asia region, the Edible Oil market in Bangladesh is projected to expand at a exponential growth rate of 34.74% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Report Name | Bangladesh Edible Oil Market |
Forecast period | 2025-2029 |
CAGR | 8.76% |
Growing Sector | Consumers goods & FMCG |
The Bangladesh Edible Oil Market report thoroughly covers the market by Type, by packaging Type, by packaging material, by application and by distribution channels. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh Edible Oil Market is experiencing limited growth over the past few years. This industry is characterized by high consumption levels and strong dependence on imports, particularly palm and soybean oil. There is a wide variety of edible oils which include mustard, sunflower, and other specialty oils, are gaining traction alongside traditional choices.
Bangladesh Edible Oil Market is predicted to expand at strong CAGR of 8.76% during the forecast period 2025-2029. Due to several growth factors which are contributing in in the expansion of the market such as growing population and rising disposable income, as results fuel higher per capita consumption of cooking oil. Also, urbanization and lifestyle changes have rapidly changed, then demand for packaged and branded oils has increased over loose alternatives. Further, shift is noticed towards the low-cholesterol as the health-conscious consumers are growing. Fortified, and premium varieties, creating opportunities for product diversification.
Despite its growth, the Bangladesh Edible Oil Industry faces significant challenges which need to be addressed for sustained growth. Major issue is the reliance on imports of crude and refined edible oils heavily, due to this dependency exposes the sector to global price volatility and supply chain disruptions, which directly impact domestic affordability. Other obstacles include the growing concerns over food safety, adulteration, and unhealthy consumption patterns which also pressure companies to maintain the strict quality standards. Further, infrastructural limitations in storage, refining, and logistics continue to restrict efficiency of product.
Bangladesh Edible Oil Market is moving forward with strong growth as the numbers of trends are emerging the market such as increasing urbanization, population expansion, and rising consumer preference for packaged, branded oils. Number of health-conscious people is increasing which also pushing the demand for low-cholesterol and fortified varieties. Further, rapid retail channels are modernized, which include supermarkets and online platforms, is expanding access. Furthermore, global price fluctuations continue to influence domestic consumption patterns.
In Bangladesh Edible Oil Market, investors see potential opportunities especially in refining capacity expansion, backward integration into oilseed crushing, and development of value-added products like fortified oils. Due to growing demand for healthier alternatives, such as sunflower and rice bran oil, opens new avenues for product diversification. As Bangladesh is importing most of its edible oil, investment in storage, logistics, and supply chain infrastructure that also offers strong potential. Further, strategic partnerships with global players can strengthen the market presence.
There are several leading players present in the Bangladesh Edible Oil Market include City Group, S. Alam Group, Meghna Group of Industries, TK Group, and Bangladesh Edible Oil Ltd. City Group is one of the dominant players who is known for its “Teer” brand that covers a wide range of edible oils and has strong nationwide distribution. Meghna Group of Industries operates brands like “Fresh” and heavily invested in refining and packaging facilities. All these companies are competing with each other with their quality and innovation.
According to Bangladeshi Government Data, several regulations & initiatives are implemented in Bangladesh Edible Oil Market such as the Edible Oil Import Policy 2020 and the National Food Safety Act 2013 that ensure the product quality and consumer safety. Also, Bangladesh Standards and Testing Institution (BSTI) regulates labelling, packaging, and fortification standards for edible oil. Recent initiatives by the Ministry of Commerce also aim to stabilize prices by reducing tariffs on crude edible oil imports. Collectively, all these regulations seek to balance consumer welfare with sustainable industry growth.
Bangladesh Edible Oil Market Growth is projected to gain momentum in the forthcoming years with emerging trends and major drivers such as rising consumer awareness, modernization of processing plants, and a gradual shift toward healthier oils. Apart from this, import dependence may encourage the greater domestic oilseed cultivation and processing to reduce vulnerability to global price shocks. Advancements are occurring in refining and packaging will further strengthen product quality. Overall, the sector is set for expansion.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Vasudha, Senior Research Analyst, 6Wresearch, palm oil is expected to lead the owing to its wide availability, affordability, and preference in daily cooking. Soybean oil and mustard oil also maintain strong consumer bases, while sunflower oil and other specialty oils are gradually gaining popularity among health-conscious buyers.
Pouches are likely to capture the largest Bangladesh Edible Oil Market Share due to their cost-effectiveness, convenience, and widespread consumer acceptance. Jars, cans, and bottles are also witnessing steady demand, particularly in urban markets where premium packaging and brand differentiation play a key role.
Among different pack sizes, 1 litre packs are the most preferable in the market which cater to both affordability and daily household usage. Smaller packs below 1 litre appeal to low-income groups and rural buyers, while larger packs above 5 litres are increasingly popular among HoReCa and institutional buyers.
Plastic packaging is expected to lead the market due to its durability, low cost, and ease of handling. While metal and paper-based packaging are also present, their usage is relatively limited compared to plastic. Innovation in eco-friendly and recyclable materials is also emerging as a growing trend in the market.
Home consumption continues to drive the majority of edible oil demand in Bangladesh, making home users the dominant application segment. Other hotels, restaurants, and catering, is expanding rapidly, while the food processing industry is also showing steady growth.
Supermarkets and hypermarkets are projected to lead distribution channels with the growing trend of modern retail shopping and consumer preference for branded, packaged oils. Direct/institutional sales remain strong in bulk supply, while online platforms and convenience stores are experiencing fast-paced growth.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Edible Oil Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Edible Oil Market Revenues & Volume, 2019 & 2029F |
3.3 Bangladesh Edible Oil Market - Industry Life Cycle |
3.4 Bangladesh Edible Oil Market - Porter's Five Forces |
3.5 Bangladesh Edible Oil Market Revenues & Volume Share, By Type, 2019 & 2029F |
3.6 Bangladesh Edible Oil Market Revenues & Volume Share, By Packaging Type, 2019 & 2029F |
3.7 Bangladesh Edible Oil Market Revenues & Volume Share, By Pack Size, 2019 & 2029F |
3.8 Bangladesh Edible Oil Market Revenues & Volume Share, By Packaging Material, 2019 & 2029F |
3.9 Bangladesh Edible Oil Market Revenues & Volume Share, By Application, 2019 & 2029F |
3.10 Bangladesh Edible Oil Market Revenues & Volume Share, By Distribution Channel, 2019 & 2029F |
4 Bangladesh Edible Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Edible Oil Market Trends |
6 Bangladesh Edible Oil Market, By Types |
6.1 Bangladesh Edible Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Edible Oil Market Revenues & Volume, By Type, 2019 - 2029F |
6.1.3 Bangladesh Edible Oil Market Revenues & Volume, By Palm Oil, 2019 - 2029F |
6.1.4 Bangladesh Edible Oil Market Revenues & Volume, By Soybean Oil, 2019 - 2029F |
6.1.5 Bangladesh Edible Oil Market Revenues & Volume, By Mustard Oil, 2019 - 2029F |
6.1.6 Bangladesh Edible Oil Market Revenues & Volume, By Sunflower Oil, 2019 - 2029F |
6.1.7 Bangladesh Edible Oil Market Revenues & Volume, By Others, 2019 - 2029F |
6.1.8 Bangladesh Edible Oil Market Revenues & Volume, By , 2019 - 2029F |
6.2 Bangladesh Edible Oil Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Edible Oil Market Revenues & Volume, By Pouches, 2019 - 2029F |
6.2.3 Bangladesh Edible Oil Market Revenues & Volume, By Jars, 2019 - 2029F |
6.2.4 Bangladesh Edible Oil Market Revenues & Volume, By Cans, 2019 - 2029F |
6.2.5 Bangladesh Edible Oil Market Revenues & Volume, By Bottles, 2019 - 2029F |
6.2.6 Bangladesh Edible Oil Market Revenues & Volume, By , 2019 - 2029F |
6.3 Bangladesh Edible Oil Market, By Pack Size |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Edible Oil Market Revenues & Volume, By Less than 1 Litres, 2019 - 2029F |
6.3.3 Bangladesh Edible Oil Market Revenues & Volume, By 1 Litres, 2019 - 2029F |
6.3.4 Bangladesh Edible Oil Market Revenues & Volume, By 1 Litres - 5 litres, 2019 - 2029F |
6.3.5 Bangladesh Edible Oil Market Revenues & Volume, By 5 Litres - 10 Litres, 2019 - 2029F |
6.3.6 Bangladesh Edible Oil Market Revenues & Volume, By 10 Litres and Above, 2019 - 2029F |
6.3.7 Bangladesh Edible Oil Market Revenues & Volume, By , 2019 - 2029F |
6.4 Bangladesh Edible Oil Market, By Packaging Material |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Edible Oil Market Revenues & Volume, By Metal, 2019 - 2029F |
6.4.3 Bangladesh Edible Oil Market Revenues & Volume, By Plastic, 2019 - 2029F |
6.4.4 Bangladesh Edible Oil Market Revenues & Volume, By Paper, 2019 - 2029F |
6.4.5 Bangladesh Edible Oil Market Revenues & Volume, By Others, 2019 - 2029F |
6.5 Bangladesh Edible Oil Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Bangladesh Edible Oil Market Revenues & Volume, By HoReCa, 2019 - 2029F |
6.5.3 Bangladesh Edible Oil Market Revenues & Volume, By Home Users, 2019 - 2029F |
6.5.4 Bangladesh Edible Oil Market Revenues & Volume, By Food Processing Industry, 2019 - 2029F |
6.5.5 Bangladesh Edible Oil Market Revenues & Volume, By , 2019 - 2029F |
6.6 Bangladesh Edible Oil Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Bangladesh Edible Oil Market Revenues & Volume, By Direct/Institutional Sales, 2019 - 2029F |
6.6.3 Bangladesh Edible Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2019 - 2029F |
6.6.4 Bangladesh Edible Oil Market Revenues & Volume, By Convenience Stores, 2019 - 2029F |
6.6.5 Bangladesh Edible Oil Market Revenues & Volume, By Online, 2019 - 2029F |
6.6.6 Bangladesh Edible Oil Market Revenues & Volume, By Others, 2019 - 2029F |
7 Bangladesh Edible Oil Market Import-Export Trade Statistics |
7.1 Bangladesh Edible Oil Market Export to Major Countries |
7.2 Bangladesh Edible Oil Market Imports from Major Countries |
8 Bangladesh Edible Oil Market Key Performance Indicators |
9 Bangladesh Edible Oil Market - Opportunity Assessment |
9.1 Bangladesh Edible Oil Market Opportunity Assessment, By Type, 2019 & 2029F |
9.2 Bangladesh Edible Oil Market Opportunity Assessment, By Packaging Type, 2019 & 2029F |
9.3 Bangladesh Edible Oil Market Opportunity Assessment, By Pack Size, 2019 & 2029F |
9.4 Bangladesh Edible Oil Market Opportunity Assessment, By Packaging Material, 2019 & 2029F |
9.5 Bangladesh Edible Oil Market Opportunity Assessment, By Application, 2019 & 2029F |
9.6 Bangladesh Edible Oil Market Opportunity Assessment, By Distribution Channel, 2019 & 2029F |
10 Bangladesh Edible Oil Market - Competitive Landscape |
10.1 Bangladesh Edible Oil Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Edible Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |