Product Code: CMI4973
Global edible oils market is estimated to be valued at USD 233.05 Bn in 2024 and is expected to reach USD 321.43 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 233.05 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.70% |
2031 Value Projection: |
US$ 321.43 Bn |
Figure 1.Edible Oils Market Share (%), By Region, 2024
Global edible oils market has been witnessing growth over the past few years. Edible oils consist of healthy fats that are essential part of daily diet as these provide energy and support cell growth. Factors such as increasing health consciousness among consumers, rising disposable incomes, changing lifestyle and food habits boosts demand for edible oils globally. However, fluctuating prices of crops and growing awareness about usage of GMO oils may hinder the market growth.
Market Dynamics:
Global edible oils market has been witnessing steady growth owing to several factors such as increasing applications in food industry, growing urbanization, and changing consumption patterns. However, high dependency on agricultural commodities for raw material supply makes market prices volatile. Fluctuating crop yields due to variable climate conditions pose risk of supply disruptions. Moreover, growing health concerns regarding trans-fat and genetically modified oils along with availability of substitutes like olive and coconut oils can hamper the market growth. Meanwhile, demand for organic and non-GMO oils presents new opportunities for market players. Innovation in processing technologies and emergence of novel product varieties catering to diverse cuisine types can drive the market growth.
Key Features of the Study:
- This report provides in-depth analysis of the global edible oils market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global edible oils market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Archer Daniels Midland Company, Borges International Group, Cargill, Incorporated, Bunge Limited, Associated British Foods PLC, Wilmar International Limited, Louis Dreyfus Company, Aceitera General Deheza S.A., American Vegetable Oils, Inc., United Plantations Berhad, Sime Darby Plantation Berhad, Golden Agri-Resources Ltd., Adani Wilmar Limited , The Nisshin OilliO Group, Ltd., Richardson International Limited, Hebany , GrainCorp, VICENTIN S.A.I.C. , Sunora Foods, Aveno NV, Basso Fedele & Figli Srl, Ajanta Soya Limited.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global edible oils market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global edible oils market.
Detailed Segmentation-
- By Product Type:
- Palm Oil
- Soybean Oil
- Sunflower Oil
- Rapeseed Oil
- Olive Oil
- Others
- By Packaging Type:
- Pouches
- Jars
- Cans
- Bottles
- Others
- By Distribution Channel:
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Archer Daniels Midland Company
- Borges International Group
- Cargill, Incorporated
- Bunge Limited
- Associated British Foods PLC
- Wilmar International Limited
- Louis Dreyfus Company
- Aceitera General Deheza S.A.
- American Vegetable Oils, Inc.
- United Plantations Berhad
- Sime Darby Plantation Berhad
- Golden Agri-Resources Ltd.
- Adani Wilmar Limited
- The Nisshin OilliO Group, Ltd.
- Richardson International Limited
- Hebany
- GrainCorp
- VICENTIN S.A.I.C.
- Sunora Foods
- Aveno NV
- Basso Fedele & Figli Srl
- Ajanta Soya Limited
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Packaging Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Edible Oils Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Edible Oils Market
- Impact Analysis
5. Global Edible Oils Market, By Product Type, 2019-2031, (US$ Bn & MT)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Palm Oil
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Soybean Oil
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Sunflower Oil
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Rapeseed Oil
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Olive Oil
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
6. Global Edible Oils Market, By Packaging Type, 2019-2031, (US$ Bn & MT)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pouches
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Jars
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Cans
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Bottles
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
7. Global Edible Oils Market, By Distribution Channel, 2019-2031, (US$ Bn & MT)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019- 2031
- Segment Trends
- Online
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Offline
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
8. Global Edible Oils Market, By Region, 2019-2031, (US$ Bn & MT)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & MT)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & MT))
- Market Size and Forecast, By Packaging Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & MT)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & MT)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & MT)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Packaging Type, 2019 - 2031 (US$ Bn & MT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & MT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & MT)
- GCC Countries
- Israel
- Rest of Middle East & Africa
9. Competitive Landscape
- Market Share Analysis
- Company Profiles
- Archer Daniels Midland Company
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Borges International Group
- Cargill, Incorporated
- Bunge Limited
- Associated British Foods PLC
- Wilmar International Limited
- Louis Dreyfus Company
- Aceitera General Deheza S.A.
- American Vegetable Oils, Inc.
- United Plantations Berhad
- Sime Darby Plantation Berhad
- Golden Agri-Resources Ltd.
- Adani Wilmar Limited
- The Nisshin OilliO Group, Ltd.
- Richardson International Limited
- Hebany
- GrainCorp
- VICENTIN S.A.I.C.
- Sunora Foods
- Aveno NV
- Basso Fedele & Figli Srl
- Ajanta Soya Limited
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact
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