The Edible Oils Manufacturing industry has performed poorly over the past five years. Producers have endured downward price pressures from downstream buying markets, growing competition from private-label and imported oils, and shifting consumer preferences. Combined, these factors have negatively affected profit margins over the period. Industry revenue is projected to fall at an annualised 0.3% over the five years through 2014-15, to reach $506.7 million. However, the industry is anticipated to post a small recovery in 2014-15, with revenue forecast to grow by a marginal 0.8%.
Players in the industry manufacture plant-based oils for immediate use or for use in cooking. Players purchase their products from upstream growers or may grow their own grain or oilseeds.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.