| Product Code: ETC224308 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia safflower oil market, the import trend showed a growth rate of 2.92% from 2023 to 2024, with a compound annual growth rate (CAGR) of 8.52% for 2020-2024. This positive import momentum can be attributed to increasing consumer demand for healthier cooking oils in the region.
The safflower oil market in Indonesia has been on an upward trajectory due to its perceived health benefits, including its high content of monounsaturated fats and vitamin E. As health-consciousness grows, the demand for safflower oil is expected to continue rising.
In the Indonesia Safflower Oil market, the increasing adoption of safflower oil as a cooking oil has been a significant driver. Safflower oil is known for its high smoke point and mild flavor, making it suitable for various cooking applications. Additionally, the rising awareness about the oil`s potential health benefits, such as promoting heart health and reducing inflammation, has contributed to its market growth.
In the Indonesia Safflower Oil Market, one of the challenges lies in consumer awareness of safflower oil`s benefits and differentiating it from other vegetable oils in the market.
Safflower oil, known for its culinary and medicinal applications, faced disruptions during the Covid-19 pandemic. The closure of restaurants and reduced export opportunities impacted the market negatively. Despite the challenges, the market is poised to recover with the revival of the foodservice sector and the increasing awareness of safflower oil`s health benefits.
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 Indonesia Safflower Oil Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Safflower Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Safflower Oil Market - Industry Life Cycle |
3.4 Indonesia Safflower Oil Market - Porter's Five Forces |
3.5 Indonesia Safflower Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Indonesia Safflower Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Indonesia Safflower Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Indonesia Safflower Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Indonesia Safflower Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of safflower oil |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Rising disposable income and changing consumer preferences towards healthier cooking oils |
4.3 Market Restraints |
4.3.1 Fluctuating prices of safflower oil due to supply chain disruptions |
4.3.2 Competition from other vegetable oils like palm oil and coconut oil |
4.3.3 Regulatory challenges in terms of labeling and quality standards for safflower oil |
5 Indonesia Safflower Oil Market Trends |
6 Indonesia Safflower Oil Market, By Types |
6.1 Indonesia Safflower Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Safflower Oil Market Revenues & Volume, By Nature, 2021-2031F |
6.1.3 Indonesia Safflower Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 Indonesia Safflower Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Indonesia Safflower Oil Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Safflower Oil Market Revenues & Volume, By High Oleic, 2021-2031F |
6.2.3 Indonesia Safflower Oil Market Revenues & Volume, By High Linoleic, 2021-2031F |
6.3 Indonesia Safflower Oil Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Safflower Oil Market Revenues & Volume, By Retail/Household, 2021-2031F |
6.3.3 Indonesia Safflower Oil Market Revenues & Volume, By Foodservice, 2021-2031F |
6.3.4 Indonesia Safflower Oil Market Revenues & Volume, By Food & Beverage Processing, 2021-2031F |
6.3.5 Indonesia Safflower Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Indonesia Safflower Oil Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.7 Indonesia Safflower Oil Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.4 Indonesia Safflower Oil Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Safflower Oil Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Indonesia Safflower Oil Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.4.4 Indonesia Safflower Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Indonesia Safflower Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.4.6 Indonesia Safflower Oil Market Revenues & Volume, By Online Stores, 2021-2031F |
6.4.7 Indonesia Safflower Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Safflower Oil Market Import-Export Trade Statistics |
7.1 Indonesia Safflower Oil Market Export to Major Countries |
7.2 Indonesia Safflower Oil Market Imports from Major Countries |
8 Indonesia Safflower Oil Market Key Performance Indicators |
8.1 Consumer adoption rate of safflower oil in cooking |
8.2 Number of new product launches containing safflower oil |
8.3 Percentage of households using safflower oil as a primary cooking oil |
8.4 Growth in safflower oil imports/exports |
8.5 Number of safflower oil manufacturers entering the Indonesian market |
9 Indonesia Safflower Oil Market - Opportunity Assessment |
9.1 Indonesia Safflower Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Indonesia Safflower Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Indonesia Safflower Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Indonesia Safflower Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Indonesia Safflower Oil Market - Competitive Landscape |
10.1 Indonesia Safflower Oil Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Safflower Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |