Market Overview:
The global edible oil and fats market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy food products, increasing awareness about the benefits of consuming edible oils and fats, and growing population. In terms of type, the edible oil segment is expected to dominate the market during the forecast period owing to its high demand from various applications such as foodservice and retail segments. In terms of application, online segment is projected to grow at a higher CAGR than offline segment during the forecast period.
Product Definition:
Edible oil is a plant-derived or animal-derived oil that is used in food. Fats are one of the three main macronutrients, along with carbohydrates and proteins. They are essential for human health, and provide a source of energy and essential fatty acids.
Edible Oil:
Edible oil is the clear, bright-yellow liquid that remains on the surface of fruits and vegetables after pressing. It consists of compounds such as vitamin E and omega-3 fatty acids. Edible oils are used in various food products including mayonnaise, salad dressings, cooking oils (vegetable & animal), margarine, shortenings/substitutes for butter (trans fats), processed baked goods & snacks and confectioneries among others.
Edible Fat:
Edible fat is the soft and fatty part of an animal, which can be consumed without altering the taste. Edible oil & fats are used for cooking or preparing food in edible forms. Fats contain different types of fatty acids, some with cholesterol and some without.
Application Insights:
Offline application accounted for the largest revenue share of over 80.0% in 2017 and is expected to continue its dominance over the forecast period. Offline applications include cooking at home, restaurants and hotels, food processing industries including bakery, dairy products, meat & poultry products etc., confectionery etc. Offline applications are majorly used in developed regions due to rising disposable income levels coupled with a high standard of living which encourages people to spend on luxury items like fine dining and expensive foods containing premium ingredients such as edible oil or fat.
Regional Analysis:
Asia Pacific was the largest market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global edible oil production and consumption on account of rapid economic growth, urbanization, rising disposable income levels, and changing food preferences. Asia Pacific has witnessed a significant increase in online as well as offline shopping which will have a positive impact on industry growth over the next eight years.
North America accounted for more than 20% share of global edible oil & fats market in 2017 owing to high demand from Mexico coupled with increasing per capita consumption by individuals along with restaurants & hotels due to growing health awareness among consumers. U.S.
Growth Factors:
- Increasing demand for edible oils and fats in the food industry as a result of changing dietary patterns and preferences across the globe.
- Rapid growth in population, especially in developing countries, which is resulting in an increase in demand for various types of edible oils and fats.
- Rising disposable incomes and changing lifestyles, especially among the middle-class population, is leading to an increase in demand for processed foods that contain edible oils and fats.
- Growing awareness about the health benefits of consuming healthy types of edible oils and fats is encouraging people to shift towards healthier alternatives.
Scope Of The Report
Report Attributes
Report Details
Report Title
Edible Oil & Fats Market Research Report
By Type
Edible Oil, Edible Fat,
By Application
Offline, Online,
By Companies
Wilmar Internationals, Cargill, Archer Daniels Midland Company, IFFCO, Bunge Limited, Ruchi Soya Industries Ltd., Aceities Borges Pont S.A., American Vegetable Oils, Inc., Avena Nordic Grain Oy, ACH Food Companies, Inc.
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Edible Oil & Fats Market Report Segments:
The global Edible Oil & Fats market is segmented on the basis of:
Types
Edible Oil, Edible Fat,
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
Offline, Online,
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:
- Wilmar Internationals
- Cargill
- Archer Daniels Midland Company
- IFFCO
- Bunge Limited
- Ruchi Soya Industries Ltd.
- Aceities Borges Pont S.A.
- American Vegetable Oils, Inc.
- Avena Nordic Grain Oy
- ACH Food Companies, Inc.
Highlights of The Edible Oil & Fats 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:
- Edible Oil
- Edible Fat
- By Application:
- Offline
- Online
- 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 Edible Oil & Fats 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?
Edible oils and fats are substances that can be used as food additives or ingredients. They are derived from plants, but can also come from animals.
Some of the major companies in the edible oil & fats market are Wilmar Internationals, Cargill, Archer Daniels Midland Company, IFFCO, Bunge Limited, Ruchi Soya Industries Ltd., Aceities Borges Pont S.A., American Vegetable Oils, Inc., Avena Nordic Grain Oy, ACH Food Companies, Inc..
The edible oil & fats market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Edible Oil & Fats Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Edible Oil & Fats Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Edible Oil & Fats Market - Supply Chain
4.5. Global Edible Oil & Fats Market Forecast
4.5.1. Edible Oil & Fats Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Edible Oil & Fats Market Size (000 Units) and Y-o-Y Growth
4.5.3. Edible Oil & Fats Market Absolute $ Opportunity
5. Global Edible Oil & Fats Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Edible Oil & Fats Market Size and Volume Forecast by Type
5.3.1. Edible Oil
5.3.2. Edible Fat
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Edible Oil & Fats Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Edible Oil & Fats Market Size and Volume Forecast by Application
6.3.1. Offline
6.3.2. Online
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Edible Oil & Fats Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Edible Oil & Fats Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Edible Oil & Fats Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Edible Oil & Fats Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Edible Oil & Fats Demand Share Forecast, 2019-2026
9. North America Edible Oil & Fats Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Edible Oil & Fats Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Edible Oil & Fats Market Size and Volume Forecast by Application
9.4.1. Offline
9.4.2. Online
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Edible Oil & Fats Market Size and Volume Forecast by Type
9.7.1. Edible Oil
9.7.2. Edible Fat
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Edible Oil & Fats Demand Share Forecast, 2019-2026
10. Latin America Edible Oil & Fats Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Edible Oil & Fats Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Edible Oil & Fats Market Size and Volume Forecast by Application
10.4.1. Offline
10.4.2. Online
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Edible Oil & Fats Market Size and Volume Forecast by Type
10.7.1. Edible Oil
10.7.2. Edible Fat
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Edible Oil & Fats Demand Share Forecast, 2019-2026
11. Europe Edible Oil & Fats Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Edible Oil & Fats Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Edible Oil & Fats Market Size and Volume Forecast by Application
11.4.1. Offline
11.4.2. Online
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Edible Oil & Fats Market Size and Volume Forecast by Type
11.7.1. Edible Oil
11.7.2. Edible Fat
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Edible Oil & Fats Demand Share, 2019-2026
12. Asia Pacific Edible Oil & Fats Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Edible Oil & Fats Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Edible Oil & Fats Market Size and Volume Forecast by Application
12.4.1. Offline
12.4.2. Online
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Edible Oil & Fats Market Size and Volume Forecast by Type
12.7.1. Edible Oil
12.7.2. Edible Fat
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Edible Oil & Fats Demand Share, 2019-2026
13. Middle East & Africa Edible Oil & Fats Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Edible Oil & Fats Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Edible Oil & Fats Market Size and Volume Forecast by Application
13.4.1. Offline
13.4.2. Online
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Edible Oil & Fats Market Size and Volume Forecast by Type
13.7.1. Edible Oil
13.7.2. Edible Fat
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Edible Oil & Fats Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Edible Oil & Fats Market: Market Share Analysis
14.2. Edible Oil & Fats Distributors and Customers
14.3. Edible Oil & Fats Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wilmar Internationals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Archer Daniels Midland Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. IFFCO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bunge Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ruchi Soya Industries Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aceities Borges Pont S.A.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. American Vegetable Oils, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Avena Nordic Grain Oy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ACH Food Companies, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook