The price per unit in the 'Edible Oils' segment of the food market in Ethiopia was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+**** percent). After the ninth consecutive increasing year, the price per unit is estimated to reach **** U.S. dollars and therefore a new peak in 2030. Find further information concerning the price per unit in the food market in Norway and the revenue change in the food market in Malaysia. The Statista Market Insights cover a broad range of additional markets.

The Ethiopian vegetable oils market rose rapidly to $406M in 2024, increasing by 5.9% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $429M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The price per unit in the 'Oils & Fats' segment of the food market in Ethiopia was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the ninth consecutive increasing year, the price per unit is estimated to reach **** U.S. dollars and therefore a new peak in 2030. Find further information concerning the revenue in the 'Milk Substitutes' segment of the food market in Germany and the volume in the 'Fruits & Nuts' segment of the food market in Indonesia. The Statista Market Insights cover a broad range of additional markets.

The size of the Africa Fats and Oil Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.49% during the forecast period. The Africa fats and oils market encompasses the production, processing, distribution, and consumption of edible fats and oils across the African continent. This market includes a diverse range of products derived from both vegetable and animal sources, such as palm oil, soybean oil, sunflower oil, canola oil, and animal fats. In Africa, palm oil is a dominant component due to its widespread cultivation in countries like Nigeria, Ghana, and Côte d'Ivoire, where it plays a crucial role in local diets and economies. Soybean oil and sunflower oil are also significant, driven by both domestic production and imports to meet the growing demand for edible oils. The market is influenced by factors such as population growth, urbanization, and changing dietary preferences, which increase the demand for processed and convenience foods. Additionally, the market is impacted by agricultural practices, trade policies, and economic conditions, which affect the supply chain and pricing of fats and oils. Regional variations exist within the market, with different countries focusing on specific oil types based on local agricultural resources and consumption habits. As the market evolves, stakeholders are focusing on enhancing production efficiency, sustainability, and meeting the diverse needs of a rapidly changing consumer base. Recent developments include: March 2023: Wilmar International Ltd (WILMAR) initiated the construction of an edible oil plant located in Richards Bay, KwaZulu-Natal, South Africa. This USD 81 million project encompasses the development of a fractionator, a shortening plant, and a packaging facility. Notably, this endeavor commenced in 2020., July 2022: Eni introduced the first vegetable oil production facility for biorefining in Kenya. This venture involved the establishment of an oilseed collection and pressing plant, which marked the inception of vegetable oil production for bio-refineries., June 2021: WA Group made a substantial investment of USD 114 million in a processing plant aimed at boosting edible oil production in Ethiopia. This strategic investment enabled the company to cease importing edible oils and, instead, focus on refining crude palm oil sourced from other countries, as well as processing locally cultivated oilseeds such as sesame seeds, peanut seeds, niger seeds, soya beans, and haricot beans.. Key drivers for this market are: Wide Applications of Oils and Fats in Different End-Use Industries, Government Initiatives and Key Players Adopting Innovative Market Expansion Strategies. Potential restraints include: Volatility in Imports and Supply Chain of Oils. Notable trends are: Wide Applications of Oils and Fats in Different End-Use Industries.

The Africa fats and oils market, valued at approximately $XX million in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 4.49% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the rising population and increasing urbanization across the continent are boosting demand for processed foods and beverages, significantly impacting the consumption of oils and fats in the food and beverage sector. The burgeoning food processing industry, coupled with changing consumer preferences towards convenient and ready-to-eat meals, further contributes to this growth. Secondly, the animal feed industry's expansion, particularly poultry and livestock farming, requires substantial quantities of fats and oils, fueling market demand. Finally, the growing use of vegetable oils in industrial applications like cosmetics and biofuels is also playing a significant role. While challenges exist, such as price volatility in raw materials and competition from imported oils, the overall market outlook remains positive. However, certain restraints are anticipated to moderate market growth. Fluctuations in crude oil prices directly impact the cost of production, potentially affecting market prices. Moreover, the prevalence of traditional cooking methods and preferences for locally produced oils might hinder the market penetration of certain imported oils. Furthermore, regulatory changes concerning food safety and labeling can pose challenges to market players. Despite these limitations, the market is expected to thrive, driven by favorable demographic trends, increasing disposable incomes, and government initiatives promoting local food production and agro-processing. The market segmentation, encompassing various oil types (soybean, palm, coconut, olive, canola, sunflower, and others), fats (butter, lard, and others), and applications (food and beverages, animal feed, and industrial uses), presents lucrative opportunities for investors and businesses across the value chain, particularly those focusing on sustainable and ethically sourced products. The geographical focus on Egypt, South Africa, and the rest of Africa indicates substantial market potential across diverse regions. Recent developments include: March 2023: Wilmar International Ltd (WILMAR) initiated the construction of an edible oil plant located in Richards Bay, KwaZulu-Natal, South Africa. This USD 81 million project encompasses the development of a fractionator, a shortening plant, and a packaging facility. Notably, this endeavor commenced in 2020., July 2022: Eni introduced the first vegetable oil production facility for biorefining in Kenya. This venture involved the establishment of an oilseed collection and pressing plant, which marked the inception of vegetable oil production for bio-refineries., June 2021: WA Group made a substantial investment of USD 114 million in a processing plant aimed at boosting edible oil production in Ethiopia. This strategic investment enabled the company to cease importing edible oils and, instead, focus on refining crude palm oil sourced from other countries, as well as processing locally cultivated oilseeds such as sesame seeds, peanut seeds, niger seeds, soya beans, and haricot beans.. Key drivers for this market are: Wide Applications of Oils and Fats in Different End-Use Industries, Government Initiatives and Key Players Adopting Innovative Market Expansion Strategies. Potential restraints include: Wide Applications of Oils and Fats in Different End-Use Industries, Government Initiatives and Key Players Adopting Innovative Market Expansion Strategies. Notable trends are: Wide Applications of Oils and Fats in Different End-Use Industries.

Statistics illustrates market overview of fixed vegetable fats and oils (including jojoba oil) and their fractions, whether or not refined; but not chemically modified in Ethiopia from 2007 to 2024.

The price per unit in the 'Fruits & Nuts' segment of the food market in Ethiopia was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the ninth consecutive increasing year, the price per unit is estimated to reach **** U.S. dollars and therefore a new peak in 2030. Find more key insights for the price per unit in countries and regions like the average revenue per capita in the 'Meat' segment of the food market in the world and the average revenue per capita in the 'Oils & Fats' segment of the food market in Puerto Rico. The Statista Market Insights cover a broad range of additional markets.

In 2023, approx. 4.2K tons of vegetable fats and oils were imported into Ethiopia; surging by 11% against 2022 figures.

Credit report of Rongyi Ethiopia Edible Oil Industri contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.

Niger Seed Oil Market Outlook

According to our latest research, the global Niger Seed Oil market size stood at USD 189.5 million in 2024, and the market is expected to reach USD 328.7 million by 2033, growing at a robust CAGR of 6.3% during the forecast period. This impressive growth trajectory is primarily driven by the increasing demand for plant-based oils in food, pharmaceutical, and cosmetic applications, alongside rising consumer awareness regarding the health benefits of Niger seed oil. The market’s expansion is further supported by the product’s versatility, its nutritional profile, and the growing preference for natural and organic ingredients globally.

One of the primary growth factors propelling the Niger Seed Oil market is the surging demand for healthier edible oils in both developed and developing regions. Consumers are increasingly shifting away from traditional oils high in saturated fats, favoring alternatives rich in unsaturated fatty acids and antioxidants. Niger seed oil, with its high linoleic acid content and beneficial micronutrients, fits this demand perfectly. Additionally, the rising prevalence of lifestyle diseases such as cardiovascular ailments and obesity has accelerated the adoption of oils with proven health benefits. Food manufacturers and home cooks alike are incorporating Niger seed oil into daily culinary practices, further boosting its consumption across the globe.

Another significant driver for the Niger Seed Oil market is the expanding use of this oil in the cosmetics and personal care industry. As consumers become more conscious about the ingredients in their skincare and haircare products, the demand for natural oils such as Niger seed oil has witnessed a considerable uptick. This oil is valued for its emollient, moisturizing, and anti-inflammatory properties, making it a preferred choice for formulations in lotions, creams, and hair products. The trend towards clean beauty and organic personal care has further elevated the profile of Niger seed oil, encouraging manufacturers to innovate and launch new products featuring this ingredient.

The pharmaceutical and animal feed sectors are also contributing to the robust growth of the Niger Seed Oil market. In pharmaceuticals, the oil’s therapeutic properties, including its ability to support heart health, reduce inflammation, and aid in wound healing, are being explored in various formulations. Meanwhile, the animal feed industry is leveraging Niger seed oil as a nutritious additive, especially in poultry and livestock diets, due to its rich fatty acid profile. The convergence of these diverse applications is creating a broad base of demand, ensuring sustained market expansion through the forecast period.

Regionally, the Niger Seed Oil market is experiencing dynamic growth patterns. Africa, particularly Ethiopia, remains the largest producer and consumer of Niger seed oil, owing to its traditional use in local cuisines and cultural practices. However, Asia Pacific, North America, and Europe are emerging as significant markets, driven by increasing imports, rising health consciousness, and the growing popularity of ethnic foods. The Middle East & Africa region continues to dominate in terms of raw material availability and primary processing, but value-added products are gaining traction in Western markets. This regional diversification is expected to accelerate overall market growth and open up new avenues for exporters and processors.

Product Type Analysis

The Niger Seed Oil market is segmented by product type into Refined Niger Seed Oil, Cold-Pressed Niger Seed Oil, Organic Niger Seed Oil, and Others. Among these, cold-pressed Niger seed oil is gaining significant traction due to its minimal processing and retention of natural nutrients. The cold-pressed variant is especially popular among health-conscious consumers and premium food brands, as it is perceived to be purer and richer in flavor and nutrients compared to refined oils. The demand for cold-pressed oils is further fueled

The average volume per capita in the 'Pet Food' segment of the food market in the Netherlands was forecast to continuously increase between 2025 and 2030 by in total 3.1 kilograms (+9.48 percent). After the eighth consecutive increasing year, the average volume per capita is estimated to reach 35.84 kilograms and therefore a new peak in 2030. Find further information concerning the average revenue per capita in the 'Oils & Fats' segment of the food market in Panama and the price per unit in the 'Edible Oils' segment of the food market in Ethiopia. The Statista Market Insights cover a broad range of additional markets.

According to Cognitive Market Research, The Global Tahini market size is USD 1.6 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.20% from 2023 to 2030.

The demand for tahini is rising due to the numerous strategies adopted by key participants.
Demand for paste and spreads segment remains higher in the tahini market.
The conventional retail segment held the highest tahini market revenue share in 2023.
Middle East and Africa tahini market will continue to lead, whereas the Asia Pacific tahini market will experience the most substantial growth until 2030.

Rising Demand for Clean-Label Products and Health benefits of Tahini to Provide Viable Market Output

Consumers are increasingly demanding transparency in food labeling and are looking for products with clean and simple ingredients. As Tahini is a natural and unprocessed product, it meets the growing demand for clean-label products. Moreover, Tahini is a good source of protein, fiber, and healthy fats. It also contains vitamins and minerals such as phosphorus, magnesium, and iron. As consumers become more health-conscious, the demand for healthy food products like Tahini is increasing.

For instance, in 2019, Hormel Foods Corporation, a US-based food company, acquired Sadler's Smokehouse, a producer of premium meats and barbecue products, including a line of hummus and Tahini dips. This acquisition is expected to expand Hormel's product portfolio and enable it to cater to the growing demand for plant-based and healthy food products.

(Source: www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-acquisition-of-sadlers-smokehouse-business/#:~:text=Hormel%20Foods%20Corporation%20(NYSE%3A%20HRL,for%20retail%20and%20foodservice%20customers.)

Growing Popularity of Ethnic and Plant-Based Foods to Propel Market Growth

As ethnic foods become more mainstream, the demand for Tahini is also increasing as it is a key ingredient in many ethnic dishes. The growing popularity of ethnic foods is driven by factors such as globalization, travel, and immigration, which are exposing consumers to new and exciting food experiences. Additionally, the growing awareness of the health and environmental benefits of plant-based diets is driving the demand for plant-based products, including Tahini. Tahini is a vegan and gluten-free product that is made from sesame seeds, making it an ideal ingredient for plant-based diets.

For instance, in 2020, Seed + Mill, a US-based producer of artisanal Tahini products, launched a new line of halva, a sweet confectionery made from Tahini and sugar. The line includes flavors such as pistachio, rose oil, and dark chocolate, catering to the growing demand for innovative and unique Tahini-based products.

(Source: www.seedandmill.com/)

Growing popularity of Arabic cuisine across the globe is driving the demand for Tahini

Market Dynamics of the Tahini

Fluctuations in the Price and Limited Availability of Sesame Seeds to Restrict Market Growth

The price of sesame seeds, which is the primary raw material used to manufacture Tahini, is subject to fluctuations due to factors like weather conditions and supply and demand. This can lead to cost fluctuations for manufacturers and affect the profitability of the Tahini market. Furthermore, sesame seeds are primarily grown in specific regions of the world, including India, China, Sudan, Ethiopia, Myanmar, and Tanzania. The production of sesame seeds is subject to various factors such as weather conditions, pests, and diseases, which can affect the supply of sesame seeds in the market, therefore leading to limited availability of the raw material for Tahini manufacturers.

Impact of COVID-19 on the Tahini Market

The COVID-19 pandemic had a combined impact on the Tahini market. On the one hand, there was a surge in demand for Tahini and other sesame-based products as consumers stocked up on pantry staples during lockdowns. This resulted in a temporary increase in sales and revenue for Tahini manufacturers. However, on the other hand, the pandemic also caused disruptions in supply chain and distribution channels, which led to challenges in sourcing raw materials and delivering finished products to customers. This, in turn, resulted in increased costs and reduced profitability for some manufacturers. Moreover, the pandemic resulted in a shift in consumer preferences towards heal...

After two years of growth, the Ethiopian fats preparation machinery market decreased by -41.6% to $18M in 2024. Overall, consumption, however, posted resilient growth. As a result, consumption attained the peak level of $30M, and then shrank notably in the following year.