Soy oil is expected to gain ground at the expense of other edible oils such as corn oil and sunflower oil over the forecast period. As a locally produced oil, soy oil benefits from lower logistics costs and is derived from a less expensive grain, making it a cost-effective alternative for consumers.
In the short term, olive oil is expected to recover from its poor performance of 2024. With international prices returning to normal following the challenging conditions caused by adverse weather in key producing countries, consumers are expected to resume purchasing olive oil, viewing it as a healthier alternative to other edible oils.
Private label options are also anticipated to gain ground in the short term thanks to their affordable prices. Leading retail chains, including Tienda Inglesa, Disco, and Ta-Ta, have invested strongly in their private label offerings over the review period, covering high-demand products like soy oil and sunflower oil, as well as niche products like olive oil.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Uruguay with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See All of Our DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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