Product Code: ETC224965 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Thailand Sunflower Oil market currently, in 2023, has witnessed an HHI of 2911, Which has decreased substantially as compared to the HHI of 4605 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Thailand Sunflower Oil Market is a prominent segment in the country`s edible oil industry. Sunflower oil is widely used in Thai cuisine and is known for its health benefits due to its high unsaturated fatty acid content. This market has witnessed steady growth in recent years, driven by increasing consumer awareness of healthy cooking oils and a growing demand for convenience foods. Thai manufacturers have been focusing on improving production techniques and expanding their product portfolios to meet the diverse preferences of consumers. Additionally, the export of sunflower oil to international markets has contributed to the overall growth of this sector.
The Thailand Sunflower Oil market is witnessing robust growth due to changing dietary preferences and increasing health awareness. Sunflower oil is considered a healthier cooking oil option due to its low saturated fat content and high levels of beneficial fatty acids. The growing demand for healthier cooking oils and the expansion of the food processing industry are key drivers in this market.
The Thailand Sunflower Oil market faces challenges related to import dependence and consumer preferences. Thailand heavily relies on sunflower oil imports, exposing the market to price fluctuations and supply chain disruptions. Moreover, consumer preferences for cooking oils may favor other options like palm oil or soybean oil. Reducing import dependence and convincing consumers of the benefits of sunflower oil are significant challenges.
The Thailand Sunflower Oil market experienced fluctuations during the COVID-19 pandemic. At the outset, there was a surge in demand for cooking oils, including sunflower oil, as consumers stocked up on essential items. However, as the economic impact of the pandemic unfolded, some consumers shifted towards more affordable alternatives. Additionally, disruptions in the global supply chain affected the availability of sunflower oil. The market gradually stabilized as supply chains adapted, and consumer preferences evolved.
The Thailand Sunflower Oil Market is dominated by key players such as A.P. Refinery Public Company Limited and Thai Edible Oil Co., Ltd. A.P. Refinery, a subsidiary of Wilmar International Limited, is a major player in the edible oil industry. They have a strong foothold in sunflower oil production and have invested in modern refining facilities to meet the growing demand for high-quality edible oils. Thai Edible Oil, on the other hand, has been a prominent player for decades and is known for its sunflower oil brands like "Golden Lion" and "Maepranom." These leading companies have not only ensured a steady supply of sunflower oil but have also focused on product innovation and consumer satisfaction.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Sunflower Oil Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sunflower Oil Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Sunflower Oil Market - Industry Life Cycle |
3.4 Thailand Sunflower Oil Market - Porter's Five Forces |
3.5 Thailand Sunflower Oil Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Thailand Sunflower Oil Market Revenues & Volume Share, By Packaging Type, 2020 & 2030F |
3.7 Thailand Sunflower Oil Market Revenues & Volume Share, By Pack Size, 2020 & 2030F |
3.8 Thailand Sunflower Oil Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.9 Thailand Sunflower Oil Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Thailand Sunflower Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Sunflower Oil Market Trends |
6 Thailand Sunflower Oil Market, By Types |
6.1 Thailand Sunflower Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sunflower Oil Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Thailand Sunflower Oil Market Revenues & Volume, By Linoleic, 2020-2030F |
6.1.4 Thailand Sunflower Oil Market Revenues & Volume, By Mid Oleic, 2020-2030F |
6.1.5 Thailand Sunflower Oil Market Revenues & Volume, By High Oleic, 2020-2030F |
6.2 Thailand Sunflower Oil Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sunflower Oil Market Revenues & Volume, By Pouches, 2020-2030F |
6.2.3 Thailand Sunflower Oil Market Revenues & Volume, By Jars, 2020-2030F |
6.2.4 Thailand Sunflower Oil Market Revenues & Volume, By Cans, 2020-2030F |
6.2.5 Thailand Sunflower Oil Market Revenues & Volume, By Bottles, 2020-2030F |
6.3 Thailand Sunflower Oil Market, By Pack Size |
6.3.1 Overview and Analysis |
6.3.2 Thailand Sunflower Oil Market Revenues & Volume, By Less than 1 Litres, 2020-2030F |
6.3.3 Thailand Sunflower Oil Market Revenues & Volume, By 1 Litres, 2020-2030F |
6.3.4 Thailand Sunflower Oil Market Revenues & Volume, By 1 Litres - 5 litres, 2020-2030F |
6.3.5 Thailand Sunflower Oil Market Revenues & Volume, By 5 Litres - 10 Litres, 2020-2030F |
6.3.6 Thailand Sunflower Oil Market Revenues & Volume, By 10 Litres and Above, 2020-2030F |
6.4 Thailand Sunflower Oil Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Sunflower Oil Market Revenues & Volume, By Household Cooking, 2020-2030F |
6.4.3 Thailand Sunflower Oil Market Revenues & Volume, By HoReCa, 2020-2030F |
6.4.4 Thailand Sunflower Oil Market Revenues & Volume, By Food Processing Industry, 2020-2030F |
6.4.5 Thailand Sunflower Oil Market Revenues & Volume, By Personal Care Industry, 2020-2030F |
6.4.6 Thailand Sunflower Oil Market Revenues & Volume, By Other Industrial Uses, 2020-2030F |
6.5 Thailand Sunflower Oil Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Thailand Sunflower Oil Market Revenues & Volume, By Direct/Institutional Sales, 2020-2030F |
6.5.3 Thailand Sunflower Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F |
6.5.4 Thailand Sunflower Oil Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.5.5 Thailand Sunflower Oil Market Revenues & Volume, By Online, 2020-2030F |
6.5.6 Thailand Sunflower Oil Market Revenues & Volume, By Others, 2020-2030F |
7 Thailand Sunflower Oil Market Import-Export Trade Statistics |
7.1 Thailand Sunflower Oil Market Export to Major Countries |
7.2 Thailand Sunflower Oil Market Imports from Major Countries |
8 Thailand Sunflower Oil Market Key Performance Indicators |
9 Thailand Sunflower Oil Market - Opportunity Assessment |
9.1 Thailand Sunflower Oil Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Thailand Sunflower Oil Market Opportunity Assessment, By Packaging Type, 2020 & 2030F |
9.3 Thailand Sunflower Oil Market Opportunity Assessment, By Pack Size, 2020 & 2030F |
9.4 Thailand Sunflower Oil Market Opportunity Assessment, By Application, 2020 & 2030F |
9.5 Thailand Sunflower Oil Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Thailand Sunflower Oil Market - Competitive Landscape |
10.1 Thailand Sunflower Oil Market Revenue Share, By Companies, 2023 |
10.2 Thailand Sunflower Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |