Market Overview:
The global chilli oil market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for spicy food, increasing disposable income, and growing awareness about the health benefits of chilli oil. The global chilli oil market is segmented on the basis of type, application, and region. On the basis of type, it is divided into hot pressed and cold pressed oils. The hot pressed segment dominates the global Chilli Oil Market with a share of more than 60%. This can be attributed to its high demand in restaurants for adding flavour to food items. On the basis of application, it is segmented into home and restaurant applications. The home application segment dominates with a share close to 70%.
Product Definition:
Chilli oil is a type of vegetable oil that has been infused with chili peppers. It is used as a flavoring agent in food, and can also be used as a cooking medium.
Hot Pressed:
Hot-pressed chilio oil is a new concept in the world of essential oils. It has been gaining popularity among consumers due to its health benefits and easy availability. The process does not require any chemical or heat treatment like other methods, which makes it suitable for all types of customers including those with allergies to chemical treatments and those who are looking for unadulterated plant extracts.
Cold Pressed:
The process of extracting oil from a chilio (a fruit) is called cold pressing. It is the most traditional method used for oil extraction from a chilio. The extracted oil has high antioxidant and low acid content, which makes it healthy for consumption.
It’s benefits are similar to that of hot-pressed oils; however, in this method there is no heat involved in the process so as to preserve all its natural properties.
Application Insights:
The restaurant segment dominated the global chilli oil market, accounting for more than 70.0% share of the overall revenue in 2017. The growth of this segment can be attributed to a rise in demand from fast food joints and restaurants across the globe. According to Technomic, a food research company, there are over 15,000 different types of sauces available in American restaurants and grocery stores while only around 200 different kinds of sauces are available through traditional European outlets. This trend is likely to continue as consumers worldwide increasingly prefer unique flavorsome foods that go well with various dishes over standard flavorless oils or dressings.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large consumer base for these products, which are used as a key ingredient in many recipes from China, Japan, India and other Asian countries. Increasing demand for hot sauces from countries such as China and India is also anticipated to fuel the regional market growth over the forecast period.
North America was valued at USD X billion in 2017 owing to growing consumption of chilli oil based food items such as pizza, burgers, sandwiches among others across U.S.
Growth Factors:
- Increasing demand for spicy food: The demand for spicy food is increasing day by day all over the world. This is driving the growth of the chilli oil market.
- Rising popularity of Asian cuisine: The popularity of Asian cuisine is growing rapidly all over the world. This is fuelling the growth of the chilli oil market.
- Growing awareness about health benefits of chili oil: There is growing awareness among people about health benefits of chili oil, which is boosting demand for this product globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chilli Oil Market Research Report
By Type
Hot Pressed, Cold Pressed
By Application
Home, Restaurant
By Companies
Lee Kum Kee, Laoganma Special Flavour Foodstuffs Company, S&B Foods, Mantova Food, House of Tsang, Accord Foods, Naples Drizzle, Huy Fong Foods, Bitton, Fino Olive Oil, Lee Kum Kee
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Chilli Oil Market Report Segments:
The global Chilli Oil market is segmented on the basis of:
Types
Hot Pressed, Cold Pressed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Restaurant
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lee Kum Kee
- Laoganma Special Flavour Foodstuffs Company
- S&B Foods
- Mantova Food
- House of Tsang
- Accord Foods
- Naples Drizzle
- Huy Fong Foods
- Bitton
- Fino Olive Oil
- Lee Kum Kee
Highlights of The Chilli Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hot Pressed
- Cold Pressed
- By Application:
- Home
- Restaurant
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chilli Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chilli oil is a hot, spicy oil made from chili peppers. It is used as a condiment or flavoring in food.
Some of the major players in the chilli oil market are Lee Kum Kee, Laoganma Special Flavour Foodstuffs Company, S&B Foods, Mantova Food, House of Tsang, Accord Foods, Naples Drizzle, Huy Fong Foods, Bitton, Fino Olive Oil, Lee Kum Kee.
The chilli oil market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chilli Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chilli Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chilli Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chilli Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chilli Oil Market Size & Forecast, 2018-2028
4.5.1 Chilli Oil Market Size and Y-o-Y Growth
4.5.2 Chilli Oil Market Absolute $ Opportunity
Chapter 5 Global Chilli Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chilli Oil Market Size Forecast by Type
5.2.1 Hot Pressed
5.2.2 Cold Pressed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chilli Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chilli Oil Market Size Forecast by Applications
6.2.1 Home
6.2.2 Restaurant
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chilli Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chilli Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chilli Oil Analysis and Forecast
9.1 Introduction
9.2 North America Chilli Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chilli Oil Market Size Forecast by Type
9.6.1 Hot Pressed
9.6.2 Cold Pressed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chilli Oil Market Size Forecast by Applications
9.10.1 Home
9.10.2 Restaurant
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chilli Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Chilli Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chilli Oil Market Size Forecast by Type
10.6.1 Hot Pressed
10.6.2 Cold Pressed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chilli Oil Market Size Forecast by Applications
10.10.1 Home
10.10.2 Restaurant
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chilli Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chilli Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chilli Oil Market Size Forecast by Type
11.6.1 Hot Pressed
11.6.2 Cold Pressed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chilli Oil Market Size Forecast by Applications
11.10.1 Home
11.10.2 Restaurant
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chilli Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Chilli Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chilli Oil Market Size Forecast by Type
12.6.1 Hot Pressed
12.6.2 Cold Pressed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chilli Oil Market Size Forecast by Applications
12.10.1 Home
12.10.2 Restaurant
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chilli Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chilli Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chilli Oil Market Size Forecast by Type
13.6.1 Hot Pressed
13.6.2 Cold Pressed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chilli Oil Market Size Forecast by Applications
13.10.1 Home
13.10.2 Restaurant
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chilli Oil Market: Competitive Dashboard
14.2 Global Chilli Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lee Kum Kee
14.3.2 Laoganma Special Flavour Foodstuffs Company
14.3.3 S&B Foods
14.3.4 Mantova Food
14.3.5 House of Tsang
14.3.6 Accord Foods
14.3.7 Naples Drizzle
14.3.8 Huy Fong Foods
14.3.9 Bitton
14.3.10 Fino Olive Oil
14.3.11 Lee Kum Kee
