The vegetable oils market in Kenya has seen variable trends from 2014 to 2023. After a dip in 2015 and 2016, the market experienced a significant surge in 2017 with a 43.73% year-on-year increase, stabilizing in subsequent years. The volume stood at 425.0 thousand metric tons in 2023, with a modest year-on-year increase of 2.41%. Over the last five years, the market has grown at a CAGR of 1.94%.

Projected data from 2024 to 2028 suggests a steady growth in the vegetable oils market, with a forecasted CAGR of 1.56% and an overall growth rate of 8.06%. By 2028, the market volume is expected to reach 469.0 thousand metric tons.

Future trends to watch for include:

Continued modest growth driven by increasing population and rising household incomes.
Potential impacts of government policies on agricultural and import sectors.
Shifts in consumer preferences towards healthier and sustainable vegetable oil options.