Get in touch with us. We are happy to help. The Edible Oils market in Indonesia is projected to grow by 6.44% (2024-2028) resulting in a market volume of US$4.39bn in 2028.
Will Indonesia’s edible oil market Burgeon?
Ken Research’s latest findings reveal a transformative growth in Indonesia’s edible oil market, anticipated to burgeon with sustainability and consumer health at its core. With the country commanding a significant 40% of the global palm oil demand, the market’s shift towards eco-friendly and nutritious cooking oil options is noteworthy.
What drives Indonesia’s edible oil market?
Market Dynamics and Growth Drivers: Indonesia’s edible oil industry, marked by a CAGR of 19.6% from 2017 to 2022, is buoyed by an expanding food processing sector and evolving dietary habits.
Why did edible oil prices fall in Indonesia?
The continued fall in volume sales, as the majority of consumers (low and middle income) still found the prices too steep and continued to try to reduce consumption. The Edible Oils in Indonesia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere.