The cooking oil packaging project is based on the idea of establishing a factory for refining and packaging sunflower and corn oil in containers of various sizes. Like this: (1 liter, 1.8 liters, 2.25 liters, 3.5 liters, 5 liters). The cooking oil packaging project targets wholesale and retail stores, as well as restaurants, individuals, hypermarkets, and others. Undoubtedly, the demand for products from the cooking oil packaging project is characterized by growth and continuity; therefore, your consulting project expects that the project will achieve significant financial profits and returns.
In 2021, the global market value of edible oil packing products was estimated to be approximately 112.6 billion USD, and it is expected to rise to 159.4 billion USD by 2028, indicating a compound annual growth rate of 5.1% during the forecast period.
Mashroo3k Consulting Company confirms that the cooking oil bottling project is one of the most successful ventures that can be invested in within the Sultanate, especially considering that the Sultanate imported approximately 334.1 million US dollars of fats, oils, and vegetable and animal oils in 2021, according to data from the International Trade Center. Additionally, the average annual growth rate of the Sultanate’s imports of these oils reached 18.8% during the period from 2014 to 2021.
