市场调查报告书
商品编码
1408052
全球植物油市场评估:依特性、类型、销售管道、萃取方法、包装类型、最终用途、地区、机会、预测(2017-2031)Vegetable Oil Market Assessment, By Nature, By Type, By Sales Channel, By Extraction Method, By Packaging Type, By End-use, By Region, Opportunities, and Forecast, 2017-2031F |
全球植物油市场规模估计为2.512亿吨,预计2031年将达到3.233亿吨,2024-2031年预测期间复合年增长率为3.2%。
全球植物油市场显着成长,主要是由于全球食品服务业的扩张以及植物油在生物燃料生产中的利用率不断增加。由于全球市场参与者决心推出创新产品,这种成长预计将持续下去。虽然食品应用占植物油市场的很大一部分,但非食品和工业领域预计将成长更快。这种加速归因于生质柴油产业,凸显了非食用植物油的多样化用途。随着市场的发展,消费者偏好的变化、技术进步和永续发展举措等因素预计将相互作用,进一步塑造植物油产业在预测期内的发展轨迹。
在亚太地区,中国占植物油消费和生产的最大份额。儘管产量很高,但消费超过生产,导致进口多于出口。此外,中国进口过剩石油以满足国内需求,占亚洲总产量的一半以上。此外,马来西亚和泰国也是亚洲最大的石油生产国之一,印度是仅次于美国和中国的世界第三大石油消费国。亚太地区在蔬菜产业的生产份额中占据主导地位。棕榈油是产量最多的油,大部分产自马来西亚和印尼。随着印尼国内棕榈油的使用量持续增加,特别是生物燃料的使用量,棕榈油也对全球植物油价格造成压力。除此之外,由于2023年11月棕榈油进口量较高,印度11月棕榈油进口量成长22%,12月成长13%。
对强化植物油的高需求主要是由于越来越多具有健康意识的消费者寻求营养益处。这一趋势与提倡积极主动解决营养缺乏问题的饮食指南和健康运动是一致的。为了满足不断增长的需求,该行业策略性地将重点放在创新上。公司正积极致力于开发和推广强化植物油,以应对健康意识日益增强的市场。这种转变反映了消费者的偏好,并凸显了该行业致力于顺应不断变化的健康和保健趋势,从而为人们的整体福祉做出贡献。
在 COVID-19 大流行期间,植物油行业面临巨大的挑战,由于封锁期间更多的人在家做饭,需求激增。该行业还面临劳动力短缺、运输中断以及影响生产和分销的全球供应链问题。这些挑战导致价格波动并为市场带来不确定性。同时,由于健康问题的增加,大流行引发了消费者对更健康油的偏好的转变。这一变化影响了市场动态,并导致注重健康的选择的价格波动。这场危机凸显了该产业在物流障碍中努力适应不断变化的消费者行为。
由于植物油富含必需维生素,植物油市场预计将成长。这种积极的前景源于植物油在食品和非食品行业的广泛使用。製造商采取支持性的政府政策和举措以及可持续的商业实践预计将塑造市场的成长轨迹。此外,植物油在各个行业中的使用不断增加,进一步增加了乐观的前景。作为含有必需营养素的多功能产品,植物油能够满足不断增长的市场需求,并已成为不断发展的全球经济格局的中流砥柱。
本报告研究和分析了全球植物油市场,提供市场规模和预测、市场动态、主要参与者趋势和前景等。
Global vegetable oil market size was estimated to be 251.2 million tonnes, which is expected to reach USD 323.3 million tonnes in 2031, with a CAGR of 3.2% for the forecast period between 2024 and 2031. Vegetable oil refers to a plant derived lipid extracted from various seeds, fruits or nuts, serving into a culinary and industrial segment. Vegetable oil is commonly used oil including soybean, canola, olive and sunflower oil. In the culinary segment, vegetable oil serves as a cooking medium, adding flavor and texture to a wide array of dishes. Additionally, it also prevents in salad dressing and marinades.
Beyond the kitchen, vegetable oil has its application in industrial segment owing to biodiesel production, lubrication, and also as a component in cosmetic and pharmaceutical industry. The versatility of vegetable oil extends its nutritional benefits, containing unsaturated fats that also contribute to heart health. Furthermore, it has been demonstrated that eating foods high in monounsaturated fats, such as almond oil, canola oil, sunflower oil, hazelnut oil, and olive oil, raises good cholesterol levels and lowers the risk of heart and cardiovascular diseases. Additionally, it also contains vitamin E which acts as an antioxidant.
In 2022, Foreign Agriculture Service of USDA stated that Canada has emerged as a prominent import market for vegetable oils (excluding soybean), with a substantial export value of USD 373.73 million. This highlights the nation's significant demand for vegetable oil, showcasing their integral role in both culinary and industrial applications. The diverse uses of vegetable oils, from cooking to various industrial processes, contribute to their growing market presence in Canada, reflecting a combination of economic, dietary, and industrial factors driving the consumption of vegetable oil.
Global vegetable oil market is witnessing significant growth, primarily driven by the expanding foodservice industry worldwide and the increasing utilization of vegetable oils in biofuel production. This growth is forecasted to continue due to the determined efforts of global market participants to introduce innovative products. While food applications constitute a substantial portion of the vegetable oil market, the non-food, industrial segment is anticipated to experience a faster growth. This acceleration is attributed to the biodiesel industry, emphasizing the versatile applications of vegetable oils beyond culinary uses. As the market evolves, the interplay of factors such as changing consumer preferences, technological advancements, and sustainability initiatives will further shape the trajectory of the vegetable oil industry during the forecast period.
For instance, in July 2022, Eni has launched the world's first integrated project for vegetable oil production in Kenya, marking a significant step in Africa's inclusion in the vertical bio-refinery supply chain. With an initial capacity of 15,000 tons, the oilseed collection and pressing plant (agri-hub) in Makueni started production with the goal of producing 2,500 tons by 2022. The project aligns with Eni's sustainability goals, contributing to carbon neutrality by 2050. Notably, the initiative engages 25,000 local farmers, providing income opportunities and prioritizing social development owing to 200 people per day at the construction centre.
In Asia-Pacific, China holds the largest share of vegetable oil consumption, as well as production. Despite the high production volume, consumption exceeds the production volume, leading to higher import volumes relative to export volumes. Furthermore, China imports extra oil to meet domestic demand, making up over half of Asia's total production. Furthermore, Malaysia and Thailand are also among the largest oil producers in Asia and India is the third-largest oil-consuming country in the world, after the United States and China. Asia-Pacific dominates the production share in the vegetable industry. Palm oil is the most produced oil, and it is mostly produced in Malaysia and Indonesia. Additionally, because Indonesia continues to use more palm oil domestically, particularly for biofuels, palm oil has put higher pressure on the price of vegetable oil globally. In addition to this, in November 2023, high imports of palm oil increased Indian imports for palm oil by 22% in November and 13% in December.
The heightened demand for stimulated vegetable oil is primarily attributed to the increasing number of health-conscious consumers seeking enhanced nutritional benefits. The trend aligns with dietary guidelines and public health campaigns advocating a proactive approach to address nutritional deficiencies. In response to the growing demand, the industry has strategically emphasized innovation. Companies are actively developing and promoting fortified vegetable oils to cater to a market that is becoming increasingly health conscious. The shift reflects consumer preferences and highlights the industry's commitment to align with evolving health and wellness trends, thereby contributing to the population's overall well-being.
For instance, USAID Advancing Food Fortification Opportunities to Reinforce Diets (AFFORD) project was started in 2022 in the view of economically and nutritionally vulnerable population groups, especially women and children who lack essential nutrients, like vitamin A, iron, folic acid, zinc, and iodine, in their diets poses a significant global health risk. The fortification of vitamins and minerals into vegetable oils is expected to grow the market globally.
The vegetable oil industry confronted substantial challenges amid the COVID-19 pandemic, marked by a surge in demand, as more people were cooking at home during lockdowns. Also, the sector struggled with labour shortages, transportation disruptions, and global supply chain issues, impacting production and distribution. These challenges resulted in price fluctuations, introducing uncertainties in the market. Simultaneously, the pandemic catalyzed a shift in consumer preferences towards healthier oils, driven by heightened health concerns. The change influenced market dynamics, causing price fluctuations for these health-conscious options. The crisis underscored the industry's struggle to adapt to evolving consumer behaviour amid logistical hurdles.
Vegetable oil market is anticipated to grow due to its rich content of essential vitamins. The positive outlook stems from the widespread uses of vegetable oil in both the food and non-food industries. Supportive government policies and initiatives, and manufacturers adopting sustainable business practices, are expected to shape the market's growth trajectory. Additionally, increasing vegetable oil applications across diverse industries further contribute to the optimistic outlook. As a versatile product with essential nutrients, vegetable oil is positioned to meet the demands of a growing market, making it a key player in the evolving global economic landscape.
For instance, in November 2021, Cargill Incorporated made a strategic move by investing USD 35 million to upgrade and acquire an edible oil refinery in Nellore, India. This significant investment allowed Cargill to enhance its existing supply chain, effectively meeting the growing demands of its customers. The upgrade aimed at increasing the facility's production capacity, positioning Cargill to capitalize on the expanding market for edible oils. By strengthening its operations in Nellore, Cargill tried to solidify its position as a key player in the global agribusiness landscape.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.