Product Code: ETC220950 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Edible Oil Market is poised for steady growth rate improvements from 2025 to 2029. From 11.27% in 2025, the growth rate steadily ascends to 13.52% in 2029.
By 2027, the Edible Oil market in Vietnam is anticipated to reach a growth rate of 12.61%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The edible oil market in Vietnam is a vital component of the country`s food industry. Edible oils are used in cooking and food preparation, and they serve as essential ingredients in various culinary traditions. Vietnam market includes a diverse range of oils, such as palm oil, soybean oil, and sunflower oil, catering to the preferences of consumers. As the Vietnamese population continues to grow, the demand for edible oils remains strong.
The growth of the Vietnam edible oil market is propelled by consumers` cooking habits, the diversity of edible oil options, and the importance of edible oils in culinary traditions. Edible oils are essential ingredients in cooking, frying, and salad dressings. The market benefits from consumers` food preparation practices, the demand for healthy cooking oils, and the use of edible oils in traditional Vietnamese cuisine. Manufacturers offer a range of edible oil products suitable for different culinary uses, contributing to the market`s growth.
In the Vietnam edible oil market, challenges revolve around sustainability concerns and competition from alternative cooking oils. Consumers are becoming more environmentally conscious, and there is growing scrutiny on the environmental impact of palm oil production, a common ingredient in many cooking oils. Additionally, competition from healthier alternatives like olive oil and canola oil poses a challenge. Manufacturers must focus on sustainable sourcing practices, offer a variety of cooking oil options, and educate consumers about the benefits of their products to remain competitive.
The COVID-19 pandemic had a mixed impact on the Vietnam edible oil market. While there was an initial surge in demand as consumers stockpiled essentials during lockdowns, the market later experienced disruptions in the supply chain due to restrictions and economic uncertainties. Additionally, shifting consumer preferences towards healthier and natural alternatives as a response to the pandemic impacted the consumption patterns and preferences within the edible oil market.
Key players in the Vietnam edible oil market include both domestic edible oil producers and international suppliers of cooking oils. Domestic companies like Cai Lan Oils and Fats Industries Company Limited play a significant role in producing and distributing a wide range of edible oils, including palm oil and soybean oil, within Vietnam. Additionally, international suppliers of cooking oils
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 Vietnam Edible Oil Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Edible Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Edible Oil Market - Industry Life Cycle |
3.4 Vietnam Edible Oil Market - Porter's Five Forces |
3.5 Vietnam Edible Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Edible Oil Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Vietnam Edible Oil Market Revenues & Volume Share, By Pack Size, 2021 & 2031F |
3.8 Vietnam Edible Oil Market Revenues & Volume Share, By Packaging Material, 2021 & 2031F |
3.9 Vietnam Edible Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Vietnam Edible Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Edible Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Edible Oil Market Trends |
6 Vietnam Edible Oil Market, By Types |
6.1 Vietnam Edible Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Edible Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Edible Oil Market Revenues & Volume, By Palm Oil, 2021-2031F |
6.1.4 Vietnam Edible Oil Market Revenues & Volume, By Soybean Oil, 2021-2031F |
6.1.5 Vietnam Edible Oil Market Revenues & Volume, By Mustard Oil, 2021-2031F |
6.1.6 Vietnam Edible Oil Market Revenues & Volume, By Sunflower Oil, 2021-2031F |
6.1.7 Vietnam Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
6.1.8 Vietnam Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.2 Vietnam Edible Oil Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Edible Oil Market Revenues & Volume, By Pouches, 2021-2031F |
6.2.3 Vietnam Edible Oil Market Revenues & Volume, By Jars, 2021-2031F |
6.2.4 Vietnam Edible Oil Market Revenues & Volume, By Cans, 2021-2031F |
6.2.5 Vietnam Edible Oil Market Revenues & Volume, By Bottles, 2021-2031F |
6.2.6 Vietnam Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.3 Vietnam Edible Oil Market, By Pack Size |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Edible Oil Market Revenues & Volume, By Less than 1 Litres, 2021-2031F |
6.3.3 Vietnam Edible Oil Market Revenues & Volume, By 1 Litres, 2021-2031F |
6.3.4 Vietnam Edible Oil Market Revenues & Volume, By 1 Litres - 5 litres, 2021-2031F |
6.3.5 Vietnam Edible Oil Market Revenues & Volume, By 5 Litres - 10 Litres, 2021-2031F |
6.3.6 Vietnam Edible Oil Market Revenues & Volume, By 10 Litres and Above, 2021-2031F |
6.3.7 Vietnam Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.4 Vietnam Edible Oil Market, By Packaging Material |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Edible Oil Market Revenues & Volume, By Metal, 2021-2031F |
6.4.3 Vietnam Edible Oil Market Revenues & Volume, By Plastic, 2021-2031F |
6.4.4 Vietnam Edible Oil Market Revenues & Volume, By Paper, 2021-2031F |
6.4.5 Vietnam Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
6.5 Vietnam Edible Oil Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Edible Oil Market Revenues & Volume, By HoReCa, 2021-2031F |
6.5.3 Vietnam Edible Oil Market Revenues & Volume, By Home Users, 2021-2031F |
6.5.4 Vietnam Edible Oil Market Revenues & Volume, By Food Processing Industry, 2021-2031F |
6.5.5 Vietnam Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.6 Vietnam Edible Oil Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Vietnam Edible Oil Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.6.3 Vietnam Edible Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.6.4 Vietnam Edible Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.6.5 Vietnam Edible Oil Market Revenues & Volume, By Online, 2021-2031F |
6.6.6 Vietnam Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Edible Oil Market Import-Export Trade Statistics |
7.1 Vietnam Edible Oil Market Export to Major Countries |
7.2 Vietnam Edible Oil Market Imports from Major Countries |
8 Vietnam Edible Oil Market Key Performance Indicators |
9 Vietnam Edible Oil Market - Opportunity Assessment |
9.1 Vietnam Edible Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Edible Oil Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Vietnam Edible Oil Market Opportunity Assessment, By Pack Size, 2021 & 2031F |
9.4 Vietnam Edible Oil Market Opportunity Assessment, By Packaging Material, 2021 & 2031F |
9.5 Vietnam Edible Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Vietnam Edible Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Edible Oil Market - Competitive Landscape |
10.1 Vietnam Edible Oil Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Edible Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |