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Market Focus:  Trends and Developments in the Oils and Fats sector in Ireland

  • September 2014
  • 35 pages
  • GlobalData
Report ID: 2432308

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Summary

This report brings together consumer insight and market data to provide a comprehensive brief of the Irish Oils & Fats sector. This allows for the rapid identification of key growth opportunities across major Oils & Fats categories and their packaging.

Key Findings

The Irish Oils & Fats market is forecast to grow at a steady pace during 2013–2018, led by Oils in terms of market value
Product quality and Better Value for Money are the major consumer trends in the Oils & Fats market in Ireland
The distribution of Oils & Fats is highest through Hypermarkets & Supermarkets, followed by Convenience Stores
Rigid Plastics and Glass Bottles were the most used packaging type in Irish Oils & Fats market

Synopsis

The Oils & Fats market in Ireland is relatively small compared to other European nations. After witnessing sluggish growth during 2008–2013, the market is forecast to register higher growth during 2013–2018 both in value and volume terms, driven by greater consumer spending and their willingness to switch to better quality and more healthy Oils. Private label has the majority share in the Oils & Fats market, driven by store brands from major retailers.

Reasons To Buy

This overview of the consumer and market dynamics of the Oils & Fats sector allows new entrants and established companies to gain rapid and comprehensive insight into the current state of the market, and identify the key trends that will drive growth in the coming years.

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