Market Overview:
The global non-GMO oil market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the global non-GMO oil market can be attributed to factors such as rising demand for organic food products, growing awareness about the benefits of consuming organic food products, and increasing number of health-conscious consumers. On the basis of type, the global non-GMO oil market has been segmented into organic non-GMO oil and conventional non-GMO oil. The organic segment is expected to account for a larger share than the conventional segment in terms of value during the forecast period. On the basis of application, supermarket accounted for a larger share than convenience store in terms of value during 2017. However, convenience store is expected to register higher CAGR than supermarket during 2018–2030 owing to increase in demand from urban population across regions.
Product Definition:
Non-GMO oil is a type of oil that has not been genetically modified. Non-GMO oils are important because they are considered to be more healthful than GMO oils.
Organic Non-GMO Oil:
Organic non-GMO oil is a new term in the market and it has been growing at a significant rate. It is used for cooking as well as for other purposes like skin and hair care products. Organic oils are extracted from plants without using any harmful chemicals such as pesticides, herbicides, or fungicides during its production.
Conventional Non-GMO Oil:
Conventional non-GMO oil is a vegetable oil that has not been genetically modified, and thus it does not contain any genetically modified organisms (GMO) or harmful chemicals. The product is extracted from the seeds of plants, which are considered to be organic. Conventional non-GMO oils include coconut, soybean, rapeseed/canola, sunflower/ olive oil and others.
Application Insights:
Supermarket was the largest application segment in 2017 and accounted for a market share of more than 60% in terms of revenue. The product is widely used in manufacturing packaged food products such as bakery, dairy, frozen foods, and others at supermarkets. In addition, it is also used directly by consumers in their kitchen without the aid of any other processing aids or ingredients.
The growing popularity of organic products among consumers especially in developed countries like U.S., Canada and Germany is expected to drive the demand for non-GMO oil over the forecast period.
Regional Analysis:
North America was the largest market for non-GMO oil in 2017, accounting for a share of more than 30%. The region is expected to maintain its dominance over the forecast period. This growth can be attributed to growing awareness about health and nutrition, along with rising demand for organic food products. As per a recent survey by Organic Trade Association (OTA), U.S.-based consumers are willing to spend USD X billion on organic food products by 2020.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness among consumers regarding benefits associated with non-GMO oils such as improved heart health and protection from cancer & diabetes, which will drive product demand in countries such as China and India over the next eight years.
Growth Factors:
- Increasing demand for organic and non-GMO food products: The global market for organic foods is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness among consumers about the health benefits of organic foods, as well as the rising demand for GMO-free products.
- Growing popularity of plant-based diets: A growing number of people are adopting plant-based diets, which do not include meat or dairy products. This shift in dietary preferences is driving demand for plant-based oils, such as non-GMO canola oil and sunflower oil.
- Rising consumer awareness about health benefits of oils: Consumers are becoming increasingly aware about the health benefits of different types of oils and are looking for healthier alternatives to conventional cooking oils, such as soybean oil and palm oil. Non-GMO oils offer several health benefits over their GMO counterparts, including lower levels of saturated fat and cholesterol levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-GMO Oil Market Research Report
By Type
Organic Non-GMO Oil, Conventional Non-GMO Oil
By Application
Supermarket, Convenience Store, Online Store
By Companies
Chosen Foods, Cargill, Centra Foods, Catania Spagna, Pleasant Valley Oil Mills, Jedwards International, Inc., Hain Celestial, Nexcel Natural Ingredients, Coltura Foods
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Non-GMO Oil Market Report Segments:
The global Non-GMO Oil market is segmented on the basis of:
Types
Organic Non-GMO Oil, Conventional Non-GMO Oil
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
Supermarket, Convenience Store, Online Store
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:
- Chosen Foods
- Cargill
- Centra Foods
- Catania Spagna
- Pleasant Valley Oil Mills
- Jedwards International, Inc.
- Hain Celestial
- Nexcel Natural Ingredients
- Coltura Foods
Highlights of The Non-GMO 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:
- Organic Non-GMO Oil
- Conventional Non-GMO Oil
- By Application:
- Supermarket
- Convenience Store
- Online Store
- 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 Non-GMO 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?
Non-GMO oil is a type of oil that does not contain genetically modified organisms. GMO oils are made from crops that have had their genetic material changed in a way that makes them resistant to herbicides or pesticides.
Some of the key players operating in the non-gmo oil market are Chosen Foods, Cargill, Centra Foods, Catania Spagna, Pleasant Valley Oil Mills, Jedwards International, Inc., Hain Celestial, Nexcel Natural Ingredients, Coltura Foods.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-GMO 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 Non-GMO Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Non-GMO 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 Non-GMO 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 Non-GMO Oil Market Size & Forecast, 2020-2028
4.5.1 Non-GMO Oil Market Size and Y-o-Y Growth
4.5.2 Non-GMO Oil Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Organic Non-GMO Oil
5.2.2 Conventional Non-GMO Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Online Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-GMO 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 Non-GMO 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Organic Non-GMO Oil
9.6.2 Conventional Non-GMO Oil
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 Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Online Store
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Organic Non-GMO Oil
10.6.2 Conventional Non-GMO Oil
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 Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Online Store
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Organic Non-GMO Oil
11.6.2 Conventional Non-GMO Oil
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 Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Online Store
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Organic Non-GMO Oil
12.6.2 Conventional Non-GMO Oil
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 Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Online Store
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Organic Non-GMO Oil
13.6.2 Conventional Non-GMO Oil
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) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Online Store
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 Non-GMO Oil Market: Competitive Dashboard
14.2 Global Non-GMO Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chosen Foods
14.3.2 Cargill
14.3.3 Centra Foods
14.3.4 Catania Spagna
14.3.5 Pleasant Valley Oil Mills
14.3.6 Jedwards International, Inc.
14.3.7 Hain Celestial
14.3.8 Nexcel Natural Ingredients
14.3.9 Coltura Foods
