Cooking Oil Manufacturers

  • vietnam cooking oil manufacturers-gmdu.net
  • vietnam cooking oil manufacturers-gmdu.net
  • vietnam cooking oil manufacturers-gmdu.net
  • vietnam cooking oil manufacturers-gmdu.net

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  • How many cooking oil companies are there in Vietnam?
  • There are currently about 40 cooking oil companies in Vietnam, however, most of the market share is held by 3 major companies including Calofic, which accounts for nearly 40% of the market share; Tuong An with 20% of market share and Kido - Nha Be with 11%.
  • Is Tuong an a leading company in Vietnam's cooking oil market?
  • After more than 40 years of establishment and development, Tuong An has been constantly growing and creating a solid position in the market. The company is considered as one of the leading companies in Vietnam’s cooking oil market. Currently, Tuong An has 02 vegetable oil refineries with modern equipment and advanced technology.
  • Is Tuong an a leader in cooking oil market?
  • Tuong An is one of the four leading companies with annual revenue of VND4 trillion. The other three include Vocarimex, Cai Lan and Nha Be. With huge investments in two big producers Vocarimex and Tuong An, Kido has shown its ambition of becoming the leader in the cooking oil market. Kido also makes cooking oil products of its own.
  • How is the cooking oil market segmented in Vietnam?
  • The market is also segmented on the basis of use, consisting of four categories: cooking oil for frying and sautéing, specialized salad oil for mixing vegetables, nutritional oil to supplement essential vitamins and solid oil for baking. However, in Vietnam, the segmentation of the cooking oil market based on the functions of oil is not clear.
  • How much cooking oil is consumed in Vietnam?
  • Cooking oil consumption in Vietnam is estimated at 9.5 kilogrammes per head per annum, lower than the level recommended by the World Health Organisation (WHO) of 13.5 kilogrammes. Therefore, the business community sees opportunities in the Vietnamese cooking oil market.
  • Why does Vietnamese cooking oil market have a weak purchasing power?
  • Moreover, consumers still do not fully understand the difference among types of vegetable oils, which leads to weak purchasing power for nutritious, salad and solid oils such as canola oil, olive oil and gac oil. The Vietnamese cooking oil market is witnessing a fierce competition due to the arrival of foreign cooking oil brands.