Indonesia Edible Oil Market

Market Overview:

The Indonesia edible oil market size is projected to exhibit a growth rate (CAGR) of 4.37% during 2024-2032.

Edible oil refers to the fatty liquid extracted from various vegetable- and animal-based sources at lower temperatures. Some of the common varieties include palm oil, soybean oil, mustard oil, sunflower oil, olive oil, etc. These edible oils contain a high amount of essential fat-soluble vitamins, polyunsaturated fatty acids, and minerals, such as zinc, phytosterols, selenium, etc. As a result, they are widely adopted for extensive cooking purposes across hotels, cafes, food processing units, restaurants, households, etc.

In Indonesia, the expanding food processing industry along with the wide applications of edible oil in baking, dressing, frying, etc., is augmenting the market growth. The changing consumer dietary patterns with their hectic work schedules are propelling the consumption of processed food items that utilize edible oil as food preservatives and flavoring agents, thereby catalyzing the product demand in the country. Moreover, the growing consumer health concerns towards the high prevalence of several lifestyle diseases, such as cardiovascular ailments, diabetes, obesity, gastrointestinal disorders, etc., are primarily driving the demand for healthy edible oils. Additionally, the rising demand for vegetable oil-based margarine as a healthier substitute to butter, particularly among health-conscious and lactose-intolerance consumers, is further propelling the market growth. Apart from this, the increasing consumer inclination towards organic edible oils that are free from synthetic preservatives is also bolstering the product demand in the country. In the coming years, continuous upgradations in cold-pressing and refining technologies for enhanced oil production will continue to drive the market for edible oils in Indonesia.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Indonesia edible oil market report, along with forecasts for the period 2024-2032. Our report has categorized the market based on type, packaging type, packaging material, pack size, application and distribution channel.

Breakup by Type:

• Palm Oil
• Soybean Oil
• Mustard Oil
• Sunflower Oil
• Olive Oil
• Others
   

Breakup by Packaging Type:

• Pouches
• Jars
• Cans
• Bottles
   

Breakup by Packaging Material:

• Metal
• Plastic
• Paper
• Others
   

Breakup by Pack Size:

•  Less than 1 Litres
• 1 Litres
• 1 Litres - 5 Litres
• 5 Litres - 10 Litres
• 10 Litres and Above
   

Breakup by Application:

• HoReCa
• Home Users
• Food Processing Industry
   

Breakup by Distribution Channel:

• Direct/Institutional Sales
• Supermarkets and Hypermarkets
• Convenience Stores
• Online
• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Astra Agro Lestari Tbk PT, PT. Asianagri Hilir, PT. Bina Karya Prima, PT Cargill Indonesia (Cargill, Incorporated), PT PP London Sumatra Indonesia Tbk, PT Salim Ivomas Pratama Tbk, PT Smart TBK, PT Socfin Indonesia, PT Tunas Baru Lampung Tbk and Wilmar International Ltd.

Report Coverage: