Product Code: ETC220945 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Edible Oil Market is poised for steady growth rate improvements from 2025 to 2029. From 4.78% in 2025, the growth rate steadily ascends to 15.13% in 2029.
The Edible Oil market in Thailand is projected to grow at a growing growth rate of 6.22% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Thailand Edible Oil market encompasses a wide range of cooking oils, including palm oil, soybean oil, sunflower oil, and coconut oil. Cooking oil is a staple in Thai cuisine, and it is also widely used in food processing and restaurants. Health considerations and dietary preferences play a significant role in shaping consumer choices within this market. There is a growing trend towards healthier cooking oils, such as olive oil and rice bran oil, as consumers become more health-conscious.
The Thailand Edible Oil market is primarily driven by factors such as the country`s growing population, changing dietary habits, and the increasing demand for healthier cooking options. Additionally, the rising awareness of the health benefits of various edible oils like olive oil, coconut oil, and sunflower oil has spurred market growth. The tourism industry also plays a significant role, as it exposes Thai cuisine to international tourists who then seek out Thai cooking ingredients when they return home.
The Thailand edible oil market faces challenges linked to the global supply and demand for edible oils, which can lead to price volatility. Shifting consumer preferences toward healthier oil options and sustainability concerns are also influencing market dynamics. Maintaining consistent quality and safety standards in a competitive market is crucial. Supply chain disruptions and logistics issues can further affect the availability of edible oils in the market.
The Thailand Edible Oil market experienced both challenges and opportunities during the COVID-19 pandemic. Initially, the market faced disruptions in the supply chain, affecting the availability of edible oils. Panic buying and stockpiling by consumers led to temporary shortages. However, as consumers increasingly cooked at home, there was a surge in demand for edible oils, particularly healthier options such as olive oil and coconut oil. Health-conscious consumers sought oils with perceived health benefits, and this trend boosted the sales of specific edible oils. Online sales also gained prominence as consumers turned to e-commerce platforms for their grocery needs. Overall, the Thailand Edible Oil market adapted to changing consumer behavior and market conditions during the pandemic.
The Thailand Edible Oil market features a mix of local and international players. Among the prominent local companies is "Lam Soon (Thailand) Public Company Limited," known for its "Naturel" brand of cooking oils. They offer a diverse range of edible oils, including vegetable, palm, and sunflower oils, catering to various consumer preferences. Another influential player is "Univanich Palm Oil Public Company Limited," a leading producer of palm oil. Additionally, international giants like Cargill and Wilmar have a significant presence in Thailand`s edible oil market, contributing to the country`s reputation as a major player in the global edible oil industry.
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 Thailand Edible Oil Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Edible Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Edible Oil Market - Industry Life Cycle |
3.4 Thailand Edible Oil Market - Porter's Five Forces |
3.5 Thailand Edible Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Edible Oil Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Thailand Edible Oil Market Revenues & Volume Share, By Pack Size, 2021 & 2031F |
3.8 Thailand Edible Oil Market Revenues & Volume Share, By Packaging Material, 2021 & 2031F |
3.9 Thailand Edible Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Thailand Edible Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Edible Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to higher demand for healthier edible oil options. |
4.2.2 Growth in the food processing industry in Thailand, boosting the demand for edible oils. |
4.2.3 Rising disposable incomes and changing lifestyles driving the consumption of convenience foods that use edible oils. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like soybean, palm, and sunflower impacting the production costs of edible oils. |
4.3.2 Intense competition among edible oil manufacturers leading to price wars and margin pressures. |
4.3.3 Government regulations and policies related to import/export impacting the supply chain and pricing of edible oils. |
5 Thailand Edible Oil Market Trends |
6 Thailand Edible Oil Market, By Types |
6.1 Thailand Edible Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Edible Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Edible Oil Market Revenues & Volume, By Palm Oil, 2021-2031F |
6.1.4 Thailand Edible Oil Market Revenues & Volume, By Soybean Oil, 2021-2031F |
6.1.5 Thailand Edible Oil Market Revenues & Volume, By Mustard Oil, 2021-2031F |
6.1.6 Thailand Edible Oil Market Revenues & Volume, By Sunflower Oil, 2021-2031F |
6.1.7 Thailand Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
6.1.8 Thailand Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.2 Thailand Edible Oil Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Edible Oil Market Revenues & Volume, By Pouches, 2021-2031F |
6.2.3 Thailand Edible Oil Market Revenues & Volume, By Jars, 2021-2031F |
6.2.4 Thailand Edible Oil Market Revenues & Volume, By Cans, 2021-2031F |
6.2.5 Thailand Edible Oil Market Revenues & Volume, By Bottles, 2021-2031F |
6.2.6 Thailand Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.3 Thailand Edible Oil Market, By Pack Size |
6.3.1 Overview and Analysis |
6.3.2 Thailand Edible Oil Market Revenues & Volume, By Less than 1 Litres, 2021-2031F |
6.3.3 Thailand Edible Oil Market Revenues & Volume, By 1 Litres, 2021-2031F |
6.3.4 Thailand Edible Oil Market Revenues & Volume, By 1 Litres - 5 litres, 2021-2031F |
6.3.5 Thailand Edible Oil Market Revenues & Volume, By 5 Litres - 10 Litres, 2021-2031F |
6.3.6 Thailand Edible Oil Market Revenues & Volume, By 10 Litres and Above, 2021-2031F |
6.3.7 Thailand Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.4 Thailand Edible Oil Market, By Packaging Material |
6.4.1 Overview and Analysis |
6.4.2 Thailand Edible Oil Market Revenues & Volume, By Metal, 2021-2031F |
6.4.3 Thailand Edible Oil Market Revenues & Volume, By Plastic, 2021-2031F |
6.4.4 Thailand Edible Oil Market Revenues & Volume, By Paper, 2021-2031F |
6.4.5 Thailand Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
6.5 Thailand Edible Oil Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Thailand Edible Oil Market Revenues & Volume, By HoReCa, 2021-2031F |
6.5.3 Thailand Edible Oil Market Revenues & Volume, By Home Users, 2021-2031F |
6.5.4 Thailand Edible Oil Market Revenues & Volume, By Food Processing Industry, 2021-2031F |
6.5.5 Thailand Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.6 Thailand Edible Oil Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Thailand Edible Oil Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.6.3 Thailand Edible Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.6.4 Thailand Edible Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.6.5 Thailand Edible Oil Market Revenues & Volume, By Online, 2021-2031F |
6.6.6 Thailand Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Edible Oil Market Import-Export Trade Statistics |
7.1 Thailand Edible Oil Market Export to Major Countries |
7.2 Thailand Edible Oil Market Imports from Major Countries |
8 Thailand Edible Oil Market Key Performance Indicators |
8.1 Consumer awareness and preference for healthier edible oil options. |
8.2 Growth in the number of food processing units using edible oils in their products. |
8.3 Changes in consumer spending patterns towards convenience foods and cooking oils. |
8.4 Adoption of sustainable practices in the production and sourcing of edible oils. |
8.5 Innovation in packaging and product offerings in the edible oil market. |
9 Thailand Edible Oil Market - Opportunity Assessment |
9.1 Thailand Edible Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Edible Oil Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Thailand Edible Oil Market Opportunity Assessment, By Pack Size, 2021 & 2031F |
9.4 Thailand Edible Oil Market Opportunity Assessment, By Packaging Material, 2021 & 2031F |
9.5 Thailand Edible Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Thailand Edible Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Edible Oil Market - Competitive Landscape |
10.1 Thailand Edible Oil Market Revenue Share, By Companies, 2024 |
10.2 Thailand Edible Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |