corn oil makeing plant south korea in indonesia

                                               
                                               
                                               
                                               
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  • Which countries import vegetable oil in South Korea?
  • Rapeseed, olive, sunflower, and coconut accounted for most of the vegetable oil imports. Likewise, soybean oil reached $615 million in 2022, of which $181 million came from the United States. The European Union, Canada, and Indonesia are the top suppliers of vegetable oils in South Korea.
  • What is the largest cooking oil brand in South Korea?
  • In 2021, Beksul and Ottogi were the two largest cooking oils brand in South Korea with sales valued at US$155.7 million (market share of 32.5%) and US$63.7 million (market share of 13.3%), respectively. In 2021, sales of cooking oils through non-store retailing were valued US$77.6 million, representing a market share of 16.2%.
  • How big is the cooking oil market in South Korea?
  • Sales of cooking oil are forecast to grow by 1.0% from 2022 to 2026, reaching US$522.3 billion in 2026. In 2021, CJ Corp, was the biggest player in the cooking oil market in South Korea. The company's sales of edible oils were valued at US$183.6 million, representing a market share of 38.4% in 2021.
  • How many cooking oil products are there in South Korea?
  • According to Mintel's global new products database (GNPD), there were 471 new cooking oil products launched in South Korea from 2017 to 2021. In 2021, the top five claims of cooking oils offered were organic, premium, kosher ethical – environmentally friendly package, and ethical – recycling.