According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Middle East Vegetable Oil Market - Industry Trends and Forecast to 2027 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Middle East Vegetable Oil Market Analysis and Size

The Middle East Vegetable Oil Market is anticipated to register around 2.85% CAGR in terms of quantity sold during the forecast period, 2022-27.

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Some of the major players operating in the Middle East Vegetable Oil Market are Near East Olive Product, Abu Dhabi Vegetable oil, Co., United Foods Company, Savola Group, IFFCO Group, Rafael Salgado S.A, Cargill Incorporated, Amira Nature Foods Ltd., Archer-Daniels –Midland Company, Sime Darby Plantation Berhad.

Middle East Vegetable Oil Market Growth Driver:

With the increasing number of chronic diseases such as cancer, diabetes, heart disease, and kidney disorder in the region has positively impacted the demand for a healthy lifestyle. Some major countries with a large population, such as Saudi Arabia, Egypt, Turkey, etc., have reported an increase in chronic disease patients. According to General Authority for Statistics, in Saudi Arabia, the total number of patients requiring dialysis was approximately 15,500 in 2015, which rose to nearly 20,000 in the year 2020. Consequently, the consumer is inclined toward adopting a healthy lifestyle as a remedy for curing gastrointestinal diseases, obesity, fatty liver disease, and gastroesophageal reflux disease (GERD).

In addition, the regular use of olive oil & other vegetable oils resulted in decreasing the risk for the development of cancer & obesity. Moreover, olive oil is helpful in increasing metabolism in obese consumers due to its phenolic composites, substances with antioxidant, anti-inflammatory, and anti-clotting properties, which help increase metabolic rate. Therefore, rising health consciousness amongst the consumers is driving the growth of the Vegetable Oil market.

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Market Segment and Geographical Analysis

By Type of Oil

• Palm
• Soybean
• Sunflower
• Coconut
• Olive
• Corn Oil
• Linseed
• Mustard
• Sesame
• Others (peanut, cotton, pumpkin seed oil, canola, grape seed, rice bran, hazelnut)

By Application

• Food
• Feed
• Industrial

By Packaging

• Cans
• Bottles
• Pouches
• Others

By Country

• UAE
• Saudi Arabia
• Iran
• Qatar
• Kuwait
• Oman
• Bahrain
• Egypt
• Jordan
• The Syrian Arab Republic
• Israel
• Lebanon
• Others

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