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Edible Oils in Hungary

  • ID: 4472466
  • Report
  • December 2020
  • Region: Hungary
  • 34 pages
  • Euromonitor International
COVID-19 and the subsequent lockdown in quarter two of 2020 resulted in heightened consumer interest in being healthy (and thus eating healthily) in the medium/long term. The immediate impact was a spike in sales of edible oils and other staple foods (pasta, noodles, rice, canned/preserved food, etc.) as the Hungarian government imposed restrictions on their populations’ movements.

The Edible Oils in Hungary report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.

Product coverage: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
  • Get a detailed picture of the Edible Oils market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.
Note: Product cover images may vary from those shown
KEY DATA FINDINGS

2020 IMPACT
  • Demand increases as consumers stockpile edible oils, while manufacturers launch larger pack sizes and home cooking trend strengthens in 2020
  • Demand for premium edible oils slows due to constrained finances but product development in this segment continues in 2020
  • Bunge Növényolajipari Zrt still leads edible oils, focusing on product innovation and marketing, while true innovation comes from more specialised manufacturers in 2020
RECOVERY AND OPPORTUNITIES
  • Price sensitive consumers to decrease demand over the forecast period
  • Private label products seeing most development over the forecast period
  • Spending on premium edible oils likely to return over the forecast period
CATEGORY DATA
  • Table 1 Sales of Edible Oils by Category: Volume 2015-2020
  • Table 2 Sales of Edible Oils by Category: Value 2015-2020
  • Table 3 Sales of Edible Oils by Category: % Volume Growth 2015-2020
  • Table 4 Sales of Edible Oils by Category: % Value Growth 2015-2020
  • Table 5 NBO Company Shares of Edible Oils: % Value 2016-2020
  • Table 6 LBN Brand Shares of Edible Oils: % Value 2017-2020
  • Table 7 Distribution of Edible Oils by Format: % Value 2015-2020
  • Table 8 Forecast Sales of Edible Oils by Category: Volume 2020-2025
  • Table 9 Forecast Sales of Edible Oils by Category: Value 2020-2025
  • Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2020-2025
  • Table 11 Forecast Sales of Edible Oils by Category: % Value Growth 2020-2025
Note: Product cover images may vary from those shown
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