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The cooking and edible oils market in Sri Lanka is likely to register a CAGR of over 3.4% with an incremental growth of USD 72.9 million during the forecast period 2024-2029. The Sri Lanka cooking and edible oils market is largely driven by the country’s growing population and rising urbanization, which are boosting demand for edible oils. As disposable incomes increase, there is a shift towards packaged and processed foods, further fueling the market.
Moreover, heightened consumer awareness regarding health and nutrition is driving the demand for healthier oil alternatives, such as sunflower and rice bran oils. Government efforts to promote healthier diets, alongside initiatives to modernize agricultural practices, are also expected to play a crucial role in market growth.
The report provides a comprehensive analysis of the Sri Lanka cooking and edible oils industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product, packaging type, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the cooking and edible oils sector.
The segmentation of the cooking and edible oils market in Sri Lanka is outlined below:
Product: olive oil, palm oil, soy oil, sunflower oil, others
Packaging type: glass bottles, metal containers, plastic bottles
Distribution channel: supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others
The Sri Lanka cooking and edible oils market is segmented on the basis of product, packaging type, and distribution channel. By product, the cooking and edible oils market in Sri Lanka has been segmented into olive oil, palm oil, soy oil, sunflower oil, and others. Based upon packaging type, the cooking and edible oils market in Sri Lanka is categorized into glass bottles, metal containers, and plastic bottles. On the basis of distribution channel, the cooking and edible oils market in Sri Lanka has been segmented into supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.
Top players covered in Sri Lanka Cooking and Edible Oils Market Study are Adamjee Lukmanjee & Sons (Pvt) Limited, East West Marketing (Pvt) Ltd, NMK Group of Companies.
The report offers a comprehensive review of the Sri Lanka cooking and edible oils market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Obtain precise statistical data and forecasts for the Sri Lanka cooking and edible oils market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka cooking and edible oils market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSri Lanka cooking and edible oils market – product analysis
Sri Lanka cooking and edible oils market – packaging type analysis
Sri Lanka cooking and edible oils market – distribution channel analysis
Key players and market share
– Adamjee Lukmanjee & Sons (Pvt) Limited
– East West Marketing (Pvt) Ltd
– NMK Group of Companies
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka cooking and edible oils market 2019-2029
Chart Sri Lanka cooking and edible oils market, net growth, 2019-2029
Chart Sri Lanka cooking and edible oils market, growth rates, 2019-2029
Table Sri Lanka cooking and edible oils market by product, 2019-2029
Chart Sri Lanka cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart Sri Lanka cooking and edible oils market by product, 2019-2029
Table Sri Lanka cooking and edible oils market by packaging type, 2019-2029
Chart Sri Lanka cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart Sri Lanka cooking and edible oils market by packaging type, 2019-2029
Table Sri Lanka cooking and edible oils market by distribution channel, 2019-2029
Chart Sri Lanka cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Sri Lanka cooking and edible oils market by distribution channel, 2019-2029
Table Sri Lanka cooking and edible oils market share (%), by companies, 2019-2023
Chart Sri Lanka cooking and edible oils market, by companies, 2023
Table Sri Lanka cooking and edible oils market share (%), by brands, 2019-2023
Chart Sri Lanka cooking and edible oils market, by brands, 2023
Table Sri Lanka – population (millions) and forecast
Table Sri Lanka – consumer price index (CPI) and forecast
Table Sri Lanka – gross domestic product and forecast
Table Sri Lanka cooking and edible oils market: spend as a proportion of GDP (%)
Table Sri Lanka cooking and edible oils market: consumption per capita (population)
Product Type | Industry Statistics |
---|---|
Region | Asia Pacific |
Published Date | 2024 |
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