Vietnam Cooking and Edible Oils Market - By Product Type ; By Application ; By Sales Channel, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

List of Tables

Vietnam Cooking & Edible Oils Market Size Booming to Cross USD 577 Million by 2029.

Vietnam cooking & edible oils market is gaining traction because of the increasing disposable income of the consumers and rising focus towards healthy lifestyle.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam cooking & edible oils market size at USD 328.32 million in 2022. During the forecast period between 2023 and 2029, Vietnam cooking & edible oils market size is projected to grow at a CAGR of 8.40% reaching a value of USD 577.43 million by 2029. The market for cooking and edible oils in Vietnam is expected to grow significantly owing to factors such rising disposable income and urbanization, which are directly influencing consumer lifestyles. The high incidence of coronary heart diseases and rising health concerns are expected to stimulate the expansion of the Vietnamese cooking & edible oil markets during the forecast period.

Vietnam Cooking & Edible Oils Market - Overview:

Cooking oil is a liquid fat made of plants, animals, or synthetic materials that are used in baking, frying, and other cooking processes. It may also be referred to as edible oil as it is used in cold food preparation and flavoring, including salad dressings and bread dips. The primary application of cooking oil is in frying, where it serves as a heat-transfer medium and gives food flavor and texture. Cooking oil must, among other things, be stable under the harsh circumstances of deep-fat frying, which include high temperatures and dampness.

Vietnam Cooking & Edible Oils Market - By Application:

Based on application, Vietnam cooking & edible oils market is segmented into bakery and confectionery, snack foods, salads, margarine, fillings, spreads, and other applications. The bakery and confectionery segment holds the highest market share. The main purpose of oil in most baking recipes is probably to maintain the moistness of the finished product. To maintain some baked items soft and fluffy in texture, it essentially catches the gasses that are generated from the reaction of the baking powder and baking soda. Vietnam is emerging as a robust bakery market in the Asia-Pacific region due to which cooking & edible oils are also gaining traction.

Impact of COVID-19 on Vietnam Cooking & Edible Oils Market

Although the COVID-19 pandemic had a low impact on the Vietnamese economy, limitations on import and export caused a slowdown in the country's cooking and edible oil sector. For its cooling oil usage, Vietnam is heavily reliant on neighboring nations, mainly Malaysia and Indonesia. However, temporary bans on the import of cooking oils to stop the virus from spreading across borders result in a lack of supplies on the domestic market and an increase in pricing. Due to the enormous imbalance between demand and supply, the market for cooking and edible oils in Vietnam suffered greatly.

Competitive Landscape:

Major players operating in Vietnam cooking & edible oils market include: Vegetable Oil Trading JSC, Vinacommodities Corporation, Vocarimex (Calofic), Kido Nha Be, Tuong An, Vegetable Oil Extraction Joint Stock Company, Quang Minh Corporation Joint Stock Company, and South America Vegetable Oil Joint Stock Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and Vietnam Cooking & Edible Oils Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Vietnam Cooking & Edible Oils Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23168

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Vietnam Cooking & Edible Oils Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Increasing disposable income of the consumers
  - 3.2.1.2. Rising focus towards healthy lifestyle
- 3.2.2. Restraints
  - 3.2.2.1. Lack of technology and infrastructure
- 3.2.3. Opportunities
  - 3.2.3.1. New product launches and increasing R&D activities
- 3.2.4. Challenges
  - 3.2.4.1. Increasing prices and volume pressure
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis

4. Vietnam Cooking & Edible Oils Market Overview

4.1. Market Size & Forecast, by Value, 2019-2029
4.2. Market Share & Forecast
- 4.2.1. By Product Type
  - 4.2.1.1. Palm Oil
  - 4.2.1.2. Rapeseed Oil
  - 4.2.1.3. Sunflower Oil
  - 4.2.1.4. Peanut Oil
  - 4.2.1.5. Other Types
- 4.2.2. By Application
  - 4.2.2.1. Bakery and Confectionery
  - 4.2.2.2. Snack Foods
  - 4.2.2.3. Salads
  - 4.2.2.4. Margarine, Fillings, and Spreads
  - 4.2.2.5. Other Applications
- 4.2.3. By Sales Channel
  - 4.2.3.1. Online
  - 4.2.3.2. Offline

5. Competitive Landscape

5.1. List of Key Players and Their Offerings
5.2. Vietnam Cooking & Edible Oils Market Company Market Share Analysis, 2022
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

6. Impact of Covid-19 on Vietnam Cooking & Edible Oils Market

7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

7.1. Vegetable Oil Trading JSC
7.2. Vinacommodities Corporation
7.3. Vocarimex (Calofic)
7.4. Kido Nha Be
7.5. Tuong An
7.6. Vegetable Oil Extraction Joint Stock Company
7.7. Quang Minh Corporation Joint Stock Company
7.8. South America Vegetable Oil Joint Stock Company
7.9. Other Prominent Players

8. Key Strategic Recommendations

9. Research Methodology

9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents, By Region
9.5. Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC23168

List of Figures

Figure 1 Vietnam Cooking & Edible Oils Segmentation
Figure 2 Vietnam Cooking & Edible Oils Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Vietnam Cooking & Edible Oils Market Size, By Value (USD Million), 2019-2029
Figure 5 Vietnam Cooking & Edible Oils Market Share, By Product Type, By Value, 2019-2029
Figure 6 Vietnam Cooking & Edible Oils Market Share, By Application, By Value, 2019-2029
Figure 7 Vietnam Cooking & Edible Oils Market Share, By Sales Channel, By Value, 2019-2029

List of Tables

Table 1 Vietnam Cooking & Edible Oils Segmentation
Table 2 Vietnam Cooking & Edible Oils Market Value Chain Analysis
Table 3 Company Market Size Analysis, 2022
Table 4 Vietnam Cooking & Edible Oils Market Size, By Value (USD Million), 2019-2029
Table 5 Vietnam Cooking & Edible Oils Market Share, By Product Type, By Value, 2019-2029
Table 6 Vietnam Cooking & Edible Oils Market Share, By Application, By Value, 2019-2029
Table 7 Vietnam Cooking & Edible Oils Market Share, By Sales Channel, By Value, 2019-2029
Table 8 Vegetable Oil Trading JSC Company Overview
Table 9 Vegetable Oil Trading JSC Financial Overview
Table 10 Vinacommodities Corporation Company Overview
Table 11 Vinacommodities Corporation Financial Overview
Table 12 Vocarimex (Calofic) Company Overview
Table 13 Vocarimex (Calofic) Financial Overview
Table 14 Kido Nha Be Company Overview
Table 15 Kido Nha Be Financial Overview
Table 16 Vegetable Oil Extraction Joint Stock Company Overview
Table 17 Vegetable Oil Extraction Joint Stock Company Financial Overview
Table 18 Quang Minh Corporation Joint Stock Company Overview
Table 19 Quang Minh Corporation Joint Stock Company Financial Overview
Table 20 South America Vegetable Oil Joint Stock Company Overview
Table 21 South America Vegetable Oil Joint Stock Company Financial Overview

Vietnam Cooking and Edible Oils Market - By Product Type ; By Application ; By Sales Channel, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Description

Table of Contents

List of Tables

Vietnam Cooking & Edible Oils Market - Overview:

Vietnam Cooking & Edible Oils Market - By Application:

Impact of COVID-19 on Vietnam Cooking & Edible Oils Market

Competitive Landscape:

Table of Contents

1. Research Framework

2. Executive Summary

3. Vietnam Cooking & Edible Oils Market Insights

4. Vietnam Cooking & Edible Oils Market Overview

5. Competitive Landscape

6. Impact of Covid-19 on Vietnam Cooking & Edible Oils Market

7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

8. Key Strategic Recommendations

9. Research Methodology

List of Figures

List of Tables