KENYA EDIBLE OIL MARKET 2023-2028

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Population growth, urbanization, and economic recovery drive the edible oil market’s growth.

SKU: TR-487-2019 Category: Tag:

Description

MARKET OUTLOOK

The edible oil market in Kenya is expected to progress at a CAGR of 13.37% in revenue and 4.75% in volume during the forecasting period 2023-2028.
Despite difficult economic conditions, retail sales of edible oils continued to grow rapidly in 2021. This is because edible oils are a kitchen staple that most local consumers continue to purchase despite challenging economic times. Meanwhile, as COVID-19 restrictions eased, food service volume sales recovered to pre-pandemic levels in 2021.
The growth rate in retail volume sales of edible oils will remain robust throughout the review period, aided by population growth, urbanization, and post-pandemic economic recovery. To sustain edible oil production, Kenyan manufacturers rely on sunflowers and soybeans imported from neighboring countries like Tanzania and Uganda. Companies like Bidco Africa Group are working with the Kenyan government to commercialize oil crop farming in order to reduce the country’s reliance on imports, thereby driving the studied market’s growth.

COMPETITIVE OUTLOOK

The established players in the edible oil market include Pwani Oil Products Ltd, Kapa Oil Refineries Ltd, Bidco Africa Ltd, Menengai Oil Refineries Ltd, and United Millers Ltd.
TABLE OF CONTENT
1. KENYA EDIBLE OIL MARKET – SUMMARY
1.1. MARKET SIZE & FORECASTS
1.2. MARKET DRIVING ASPECTS
1.3. MARKET RESTRAINING ASPECTS
1.4. KEY PLAYERS
2. KENYA EDIBLE OIL MARKET OUTLOOK
2.1. MARKET DEFINITION
2.2. MARKET SHARE ANALYSIS
2.3. BRAND SHARE ANALYSIS
2.4. PESTLE ANALYSIS
2.5. VALUE CHAIN ANALYSIS
2.6. IMPACT OF COVID-19 ON THE KENYA EDIBLE OIL MARKET
3. KENYA EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE OIL
3.2. CORN OIL
3.3. SUNFLOWER OIL
3.4. OTHER EDIBLE OILS
4. KENYA EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL CHANNEL
4.2. E-COMMERCE
5. COMPETITIVE LANDSCAPE
5.1. BIDCO AFRICA LTD
5.2. KAPA OIL REFINERIES LTD
5.3. MENENGAI OIL REFINERIES LTD
5.4. PWANI OIL PRODUCTS LTD
5.5. UNITED MILLERS LTD
6. RESEARCH METHODOLOGY & SCOPE
6.1. RESEARCH SCOPE & DELIVERABLES
6.2. SOURCES OF DATA
6.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: KENYA EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: KENYA EDIBLE OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: KENYA – COUNTRY SNAPSHOT
TABLE 4: KENYA EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: KENYA EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: KENYA EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KENYA EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: KENYA EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN ANALYSIS
FIGURE 4: KENYA EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: KENYA EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: KENYA EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: KENYA EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: KENYA EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 9: KENYA EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 10: KENYA EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 11: KENYA EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)

Additional information

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Companies Mentioned

1. BIDCO AFRICA LTD
2. KAPA OIL REFINERIES LTD
3. MENENGAI OIL REFINERIES LTD
4. PWANI OIL PRODUCTS LTD
5. UNITED MILLERS LTD

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