United Kingdom (UK) Edible Oil Market Research Report, 2028

In the United Kingdom the temperate climate is characterized by moderate temperatures throughout the year. This means that extreme cold in winter and extreme heat in summer are relatively rare. Such moderate conditions are conducive to the growth of many oilseed crops. The absence of severe temperature extremes results in relatively long growing seasons. This extended growing period allows oilseed crops to develop fully and produce higher yields. For example, rapeseed and sunflower, which require a longer growing season, can thrive in the United Kingdom's temperate climate. Rapeseed is one of the major oilseed crops cultivated in the United Kingdom. The moderate climate provides ideal conditions for rapeseed to flourish. Rapeseed is typically planted in the fall, overwinters, and then resumes growth in the spring. The temperate climate ensures that the crop is not exposed to extreme cold during the winter months. Oilseed crops like rapeseed are often included in crop rotation cycles with other crops like cereals. The temperate climate allows for effective crop rotation strategies, which can help improve soil health and reduce the risk of pest and disease buildup. The United Kingdom's diverse population brings a wide range of culinary influences to the country. This diversity has led to the use of various edible oils in different cuisines, from Indian and Chinese to Italian and Middle Eastern. As cooking habits evolve, so do oil preferences. There is a shift towards healthier cooking methods like baking, grilling, and air frying, influencing the types of oils used. As consumers become more health-conscious, there's a trend away from sodium-rich processed foods that use unhealthy fats. This is leading to increased use of healthier oils in home cooking. Government policies related to agriculture, trade, and health can affect the production, import, and marketing of edible oils. For instance, subsidies for certain crops may influence the availability and pricing of specific oils. According to the research report "United Kingdom Edible Oil Research Report, 2028," published by Actual Market Research, the United Kingdom Edible Oil market is expected to reach market size of more than USD 5.25 Billion by 2028. Consumers are becoming more aware of the health benefits of different oils, and are increasingly looking for healthier options. This has led to a decline in the consumption of oils that are high in saturated fat, such as palm oil. Instead, consumers are opting for oils that are high in unsaturated fats, such as olive oil and sunflower oil. The vegan and vegetarian population is growing rapidly in the United Kingdom, and this is creating new opportunities for the edible oil industry. Vegans and vegetarians do not consume animal products, so they are looking for plant-based alternatives for oils. This is driving demand for oils such as olive oil, avocado oil, and coconut oil. The disposable income of United Kingdom households is rising, which is leading to an increase in spending on food, including edible oils. This is providing consumers with more disposable income to spend on healthier and more expensive oils. There is a growing demand for sustainable oils in the United Kingdom, due to concerns about the environmental impact of palm oil production. This has led to the development of sustainable palm oil production standards, such as those set by the Roundtable on Sustainable Palm Oil (RSPO). However, the demand for sustainable oils is still outpacing the supply, which has led to higher prices for these oils. Consumers looking for healthier and environmentally friendly options often choose organic and non-GMO edible oils, driving demand for these products. Economic factors, including consumer income levels and spending habits, influence the types of edible oils consumers purchase. Premium oils may be favored in times of economic prosperity, while budget-friendly options may gain popularity during economic downturns. Endorsements by celebrity chefs and culinary influencers can significantly impact consumer choices, as people trust the expertise and recommendations of these culinary experts. The availability of premium and specialty oils, such as truffle oil, walnut oil, and sesame oil, appeals to consumers looking to elevate their culinary experiences and experiment with new flavors.

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Based on product type the market is divided into Soybean oil, Palm Oil, Rapeseed Oil, Mustard oil, Sunflower Oil, Olive Oil, Ground nut Oil, Coconut Oil, Corn Oil, Ricebran oil, Sesame Oil, Cottenseed oil, Others (Apricot, Hazelnut, Almond, Macadamia, Walnut, Avocado, grapeseed, Cashew, Brazil nuts , canola etc). Rapeseed oil is often perceived as a healthier alternative to some other cooking oils, particularly those high in saturated fats. It is known for its low saturated fat content and a favorable balance of omega-3 and omega-6 fatty acids, which can be beneficial for heart health. As consumers increasingly prioritize health-conscious choices, the demand for rapeseed oil has risen. Rapeseed oil has a high smoke point, making it suitable for various cooking methods, including frying, roasting, and baking. Its neutral flavor allows it to be used in a wide range of recipes without overpowering the taste of the ingredients. This versatility has made it a preferred choice for both home cooks and professional chefs. The United Kingdom has a robust domestic rapeseed oil production industry. Consumers often favor locally sourced and produced food products, contributing to the demand for British-grown rapeseed oil. In addition, Soybean oil is known for its versatility in cooking. It has a neutral flavor and a high smoke point, making it suitable for a wide range of culinary applications, including frying, sautéing, baking, and salad dressings. This versatility makes it a staple in many kitchens. Soybean oil is a common choice for the food processing industry. It is used in the production of various processed foods, including snacks, baked goods, sauces, and salad dressings, due to its functional properties and cost-effectiveness. Soybean oil tends to be competitively priced compared to some other edible oils. Its affordability makes it an attractive option for both households and the foodservice sector. Based on nature, the organic segment is expected to the highest CAGR during the forecast period. Consumers in the United Kingdom are increasingly health-conscious and are seeking healthier food options. Organic edible oils are perceived as a healthier choice because they are typically produced without synthetic pesticides, herbicides, and genetically modified organisms (GMOs). This aligns with the growing demand for organic and natural products. Organic farming practices are often associated with sustainability and reduced environmental impact. Consumers who are concerned about the environment may choose organic products, including edible oils, as a way to support eco-friendly and socially responsible practices. Organic products, including edible oils, are subject to strict certification standards. These standards ensure that organic products meet specific criteria for organic farming practices, which can instill confidence in consumers about the authenticity of organic claims. Organic edible oils are often associated with premium and gourmet cooking. They are used in high-end culinary establishments and by home cooks looking to elevate their dishes. In addition based on end user the market is divided into domestic, industrial and food service. Health-conscious consumers prefer to cook at home, where they have more control over the ingredients they use. Domestic cooking allows individuals to make healthier choices, including selecting specific types of edible oils. The do-it-yourself (DIY) and baking trends have gained popularity in the United Kingdom. Many individuals are baking their bread, cakes, and pastries at home, which require the use of edible oils. Domestic consumers are more likely to be aware of the quality and safety of the edible oils they use in their homes, making them discerning buyers. Shopping in physical stores allows consumers to physically touch, smell, and inspects products, which can be important for assessing the quality and suitability of edible oils. Local grocery stores often play a central role in communities, contributing to a sense of belonging and community engagement. Consumers may prefer to support local businesses by shopping in-store. Consumers often have established relationships with local or chain grocery stores, where they trust the quality and consistency of the products they find. This familiarity encourages repeat purchases of edible oils through offline channels. Many supermarkets and retail chains offer loyalty programs, where consumers can earn rewards, discounts, or cashback on their edible oil and grocery purchases, incentivizing repeat business. Some consumers may urgently need edible oils for cooking or meal preparation and prefer to acquire them from nearby physical stores to meet immediate consumption needs. In addition, the online distribution channel for edible oils in the United Kingdom is growing rapidly. There are a number of online platforms that sell edible oils, including Amazon, Ocado, and Tesco.

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Praveen Kumar

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Considered in this report: • Geography: United Kingdom • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • United Kingdom Edible Oil market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Soybean oil • Palm Oil • Rapeseed Oil • Mustard oil • Sunflower Oil • Olive Oil • Ground nut Oil • Coconut Oil • Corn Oil • Rice bran oil • Sesame Oil • Cottonseed oil • Others (Apricot, Hazelnut, Almond, Macadamia, Walnut, Avocado, grape seed, Cashew, Brazil nuts, canola etc.)

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By Nature • Conventional • Organic By End User • Domestic • Industrial • Food Service By Distribution channel • Offline • Convenience Store • Hypermarket/Supermarket • Direct Sales • Others • Online The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Edible Oil industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.