MARKET OUTLOOK
The Italy edible oil market is anticipated to witness -0.15% (negative) of CAGR by revenue and 0.83% of CAGR by volume in the forecasting years between 2019 and 2025, as per a research conducted by Triton.
People in Italy consume olive oil in large quantities. This is a major driving factor for the olive oil market in the country. However, Italy’s edible oils market will show a declining trend as consumers are increasingly shifting towards local olive oil, which is considered to be of a higher quality. The average unit price of edible oil declines will show a declining trend due to strong promotional activity implemented by the large grocery retailers.
COMPETITIVE OUTLOOK
The leading companies in the Italy edible oil market are Coop Italia Scarl, Monini S.p.A., Fratelli Carli S.p.A., Deoleo S.A. and Carapelli Firenze S.p.A.