Development of production of niche vegetable oils is predicted in Ukraine

Published Nov 30, 2021

Tridge summary

Ukraine is experiencing a surge in the production of niche oils such as pumpkin and mustard oil, with the market seeing a significant increase in the number of manufacturers, particularly small and medium-sized businesses. However, despite the growing trend, the sales of these oils in the domestic market are lackluster due to low interest from industrial consumers. The demand for cold-pressed oils is on the rise among retail and health-conscious consumers. Olena Orlyuk of Oilextra emphasizes the benefits of cold-pressing and using non-traditional raw materials for oil production. However, consumers are cautioned about the potential adulteration of olive oil with cheaper sunflower oil. Linseed oil is the most popular cold-pressed oil in Ukraine, but it has a short shelf life and is prone to oxidation. The production of oils is optimally done during fall and winter months.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The development of production of niche oils is forecasted in Ukraine. This will somewhat change the oil "landscape" and, perhaps, over time, Ukraine will be able to be proud not only of its title of the world's largest producer and exporter of sunflower oil. Great prospects, in particular, for pumpkin and mustard oil. If just five years ago there were less than a dozen manufacturers of niche oils on the Ukrainian market, now, according to the observations of Interlink LLC, there are already several dozen of them, mostly of small and medium power. Up to five companies work for export. A maximum of 5-10% of market participants are engaged in niche oils. LLC "Interlink" produces mustard oil and against the background of rising prices for traditional sunflower oil, they notice an increase in buyers' interest in niche offers. According to the company, the production of oils from non-traditional raw materials will indeed develop more actively. But this trend is hindered by weak sales of ...

Source: Oilworld