The global edible oils market was valued at USD 94.7 billion in 2021 and is expected to reach the value of USD 170.16 billion by 2029, at a CAGR of 8.10% during the forecast period of 2023-2030
The growing global population is expected to drive the market's growth rate
The expanding global population is a significant driver of increased demand for edible oils. These oils serve as dietary staples in numerous cuisines worldwide, providing essential fats and calories. With more mouths to feed, the demand for edible oils continues to rise. They are not only integral to daily cooking but also play a vital role in meeting nutritional requirements, making them indispensable as food consumption patterns evolve with a growing populace.
The edible Oils Market document report has a lot to present to both established and new players in the industry with which they can absolutely understand the market. A wide-ranging competitor analysis involved in this report supports strategies of production, improvement in certain product, its advertising or marketing and promotion for the business. A market study in this report also tells about the market status in the forecast period of 2023-2030.
Newest and established tools and techniques are used excellently to make the report outstanding. The advanced methods of SWOT analysis and Porter’s Five Forces analysis which are highly preferred by the businesses are utilized thoroughly in Edible Oils Market document market survey report
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By keeping an eye on the market conditions and market trends, market research study is initiated depending on requirements to form an international Edible Oils Market document. This market report gives the details about market definition, market drivers, market restraints, market segmentation with respect to product usage and geographical conditions, key developments taking place in the market, competitor analysis, and the research methodology. One of the most noteworthy parts of Edible Oils Market document is competitor analysis with which businesses can estimate or analyse the strengths and weaknesses of the competitors to gain benefits.
The edible Oils Market document report has a lot to present to both established and new players in the industry with which they can absolutely understand the market. A wide-ranging competitor analysis involved in this report supports strategies of production, improvement in certain product, its advertising or marketing and promotion for the business. A market study in this report also tells about the market status in the forecast period of 2023-2030.
Newest and established tools and techniques are used excellently to make the report outstanding. The advanced methods of SWOT analysis and Porter’s Five Forces analysis which are highly preferred by the businesses are utilized thoroughly in Edible Oils Market document market survey report
Recent Developments
- Bunge India will introduce Hudson canola oil in January 2020. Canola Oil is high in good fats such as MUFA (Mono Unsaturated Fatty Acids), Omega-3, and antioxidants such as Vitamin E and is recommended by the IMA as a healthy cooking oil suitable for all types of cooking.
- Cargill purchased an edible oil refinery in Nellore, Andhra Pradesh, in November 2021.
- Cargill's investment in acquiring and upgrading the facility will significantly increase its edible oil production capacity and footprint in southern India, as well as strengthen its existing supply chain, in order to meet growing customer demand.
IFFCO acquired 3F Fuji Foods, India, in September 2020 from Fuji Oil Group, "a Japanese company specialized in vegetable oils and fats, industrial chocolate, and emulsified products," and their Indian partner 3F Industries.
Market Analysis and Size
The global cooking oil market is being driven by increased consumption of high-quality edible oils/cooking oils by health-conscious consumers and growing demand from various applications, such as confectionery, primarily in the production of candies. Furthermore, refined olive oil and coconut oil are increasingly being used in various bakery applications because they are and allow the food to retain.
Global Edible Oils Market Scope
The edible oils market is segmented on the basis of type, package type, distribution channel, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Palm Oil
- Soybean Oil
- Rapeseed Oil
- Sunflower Oil
- Peanut Oil
- Specialty Blended Oil
- Olive Oil
- Corn Oil
- Flaxseed Oil
- Avocado Oil
- Edible Oil
- Pumpkin Seed Oil
- Grape seed Oil
- Others
- Packaging type
Tinplate Containers
- HDPE (High-Density Polyethylene) Containers
- PVC (Poly Vinyl Chloride) Bottles
- PET (Polyethylene Terephthalate) Bottles
- Glass Bottles
- Semi-Rigid Containers
- Flexible Plastic Pouches
- Others
- Distribution channel
- Direct
- Indirect
- End users
- Domestics
- Industrial
- Food Service
Others
Edible Oils Market Regional Analysis/Insights
The edible oils market is analysed and market size insights and trends are provided by country, type, package type, distribution channel and end user as referenced above.
The countries covered in the edible oils market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina rest of South America.
Competitive Landscape and Edible Oils Market Share Analysis
The edible oils market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to edible oils market.
Some of the major players operating in the edible oils market are:
Bunge Limited (US)
ADM (US)
Cargill, Incorporated (US)
ACH Food Companies, Inc. (US)
Adani Group (India)
SALAD OILS INTERNATIONAL CORPORATION (US)
American Vegetable Oils, Inc. (US)
BORGES INTERNATIONAL GROUP, S.L. (Spain)
Hebany Group (UAE)
NGO CHEW HONG EDIBLE OIL PTE LTD (Singapore)
TITAN OILS Inc., (Canada
Ragasa - Derechos Reservados (Mexico)
SOVENA (Thailand)
Sunora Foods (Canada)
A transparent research method has been accomplished with the right tools and techniques to make edible oils market research report world-class. This report contains a comprehensive data of market definition, classifications, applications, engagements, market drivers and market restraints all of which are obtained from SWOT analysis. In this report, a thorough investment analysis is offered which forecasts imminent opportunities for the market players and develops the strategies to grow return on investment (ROI). Information and data provided through the credible edible oils market business report can be very decisive for Food Beverage industry when it comes to dominate the market or create a mark in the market as a new emergent.
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Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Edible Oils Market
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