Vietnam Sesame Oil Market - Forecast(2024 - 2030)
The Vietnam Sesame Oil Market research report is an infographic report covering supply, demand and trade statistics for Sesame Oil, both in volume and value. This report looks at the industry state between 2016-2021 and the forecast till 2027. The report also covers companies, brands, products, trade pricing, patents, university-level research, new product developments, future growth opportunities and M&A analysis.
Detailed Scope of the Report
1. The Production, Import Export/Trade statistics for Sesame Oil between 2016-2021.
2. Historical demand for Sesame Oil from 2016-2021 and forecast to 2027.
3. Comprehensive list of companies and revenue for 3+ top companies.
4. Major brands, product benchmarking, and new product launches.
5. Assessment of relevant Mergers and Acquisitions.
6. Investment, projects, and R&D initiatives done between 2016 and 2021.
7. Patenting scenario covering patents filed, published, and granted between 2016-2021.
8. Research framework based on the assessment of 7 Pillars - Supply, Demand, Trade, Companies, Products, Patents, and Macro-environment factors.
Company Snapshot: The top companies are Vietnam vegetable oil industry corporation, Tan Binh Vegetable oil Joint Stock Company and Vegetable Oil Extraction Joint Stock Company. Some of the brands mentioned in the report are Vocarimex, Nakydaco and Tan Binh.
Key Takeaways & Recent Developments
A. The production volume of Sesame Oil in 2021 stood at 3.6 Th Metric Tons.
B. Import volume increased from 0.25 Th Metric Tons in 2016 to 1.13 Th Metric Tons in 2021.
C. The demand was 3.23 Th Metric Tons in 2021.
D. China Exported more than 32.2% of Sesame Oil to Vietnam in 2021.
E. On January 24th 2017, Foodstuff producer Kido Corporation (KDC) has finally been given the go-ahead to raise its stake in Vietnam Vegetable Oil Industry Corporation (Vocarimex), paving the way for the group to penetrate deeper into the vegetable oils market.
FAQs (Frequently Asked Questions):
a) What was Vietnam’s Sesame Oil market size in 2021?
Ans: The demand was 3.23 Th Metric Tons in 2021.
b) Where does Vietnam Import Sesame Oil from?
Ans: The majority of imports come from China, India, Singapore, Republic of Korea and Japan.
c) What are the top companies in Sesame Oil market?
Ans: Vietnam vegetable oil industry corporation, Tan Binh Vegetable oil Joint Stock Company and Vegetable Oil Extraction Joint Stock Company are the top companies in the Sesame Oil market.
d) Which are the major local university/ research institutes involved in R&D?
Ans: Ton Duc Thang University are actively involved in R&D.