• How big is Vietnam edible oil market by 2027?
  • Vietnam edible oil market boils to $1 billion by 2027, fueled by rising disposable income and health-conscious consumers. Palm oil dominant, but vegetable oils gain ground. Online sales sizzle alongside eco-friendly practices. Gurugram, India, May 14, 2024 (GLOBE NEWSWIRE) — Get ready to sizzle!
  • What are the consumer trends in Vietnam’s vegetable oil industry?
  • A prominent consumer consumption trend in Vietnam¡¯s Vegetable Oil industry is the increasing consumer interest in high-grade Vegetable Oils after the Covid-19 pandemic. Among the leading enterprises pursuing this strategy are Tuong An Vegetable Oil Joint Stock Company (TAC) and Cai Lan Oil & Fat Company Limited (Calofic).
  • Which companies are pursuing a vegetable oil market strategy?
  • Among the leading enterprises pursuing this strategy are Tuong An Vegetable Oil Joint Stock Company (TAC) and Cai Lan Oil & Fat Company Limited (Calofic). The price of premium Vegetable Oil products is higher than standard products, so a higher contribution from this group will help drive revenue growth of Vegetable Oil producers.
  • How is the Vietnamese edible oil market segmented?
  • Market Segmentation: Catering to Diverse Tastes The Vietnamese edible oil market can be segmented by oil type, distribution channel, and consumer segment. Understanding these segments allows stakeholders to tailor their product offerings and marketing strategies:
  • Who is Tan Binh vegetable oil joint stock company?
  • Tan Binh Vegetable Oil Joint Stock Company with more than 50 years of construction and development, the products are manufactured on modern equipment lines and production technology imported from advanced countries such as Japan, USA , Germany … Up to now, the company has a total capacity of 70,000 tons/year.