According to a recent study titled ‘UAE Edible Oil Market Analysis, 2020’, available with Market Study Report, UAE edible oil market is anticipated to witness modest gains during 2021-2026, registering a CAGR of 2.5% throughout.
 

Growing health conscious population, rising awareness regarding the benefits of natural products, along with surging demand from several end-use industries like food & beverages, lubricants, and animal feed are fueling UAE edible oil market growth. Moreover, robust development of food & cosmetics sector is enhancing the business outlook.
 

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Based on application spectrum, food segment captured majority of UAE edible oil industry share in 2019. Factors such as flourishing food & beverages industry owing to tremendous growth in hospitality and tourism sector, along with increased consumption of fried and junk food are fostering the segment growth. Besides, changing consumer preferences towards healthy oil are positively impacting the industry outlook. Apart from this, non-food and animal feed are the other application segments covered in the report.
 

Proceeding further, the report on UAE edible oil industry also hosts studies on other segments including type, extraction method, and geographical bifurcation.
 

Elaborating on type, the market is fragmented into industrial oil (castor oil and linseed oil), vegetable oil (soybean oil, canola oil, olive oil, peanut oil, sunflower oil, and others), animal-derived oil (fish oil and others), and palm oils (coconut oil, palm oil, and palm kernel oil). In terms of extraction method, the industry is divided into solvent extraction, mechanical extraction, sparging, and hydrogenation.
 

Considering the geographical bifurcation, UAE edible oil market size spans across Sharjah, Dubai, Abu Dhabi & Al Ain, and Northern Emirates.
 

Speaking of the competitive landscape, Sime Darby Plantation Berhad, Archer-Daniels-Midland Company, Ajwa Group for Food Industries Holding Ltd. Co., Omani Vegetable Oils & Derivatives Co. LLC., Amira Nature Foods Ltd., Cargill, Inc., Near East Olive Products, Abu Dhabi Vegetable Oil, Co., LLC, Rafael Salgado, and IFFCO UAE are the top contenders in the industry.