Market Overview:
The global plant cooking oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plant-based cooking oils, especially in developing countries. In addition, the growing awareness about the health benefits of plant-based cooking oils is also contributing to the growth of this market. The peanut oil segment is expected to dominate the global plant cooking oil market during the forecast period, followed by soybean oil and rapeseed oil segments. The home use application segment is expected to account for a major share of the global plant cooking oil market during 2018–2030 owing to its growing popularity among consumers across regions.
Product Definition:
A plant cooking oil is a vegetable-based oil that is used for cooking. It is important because it helps to add flavor to food and it also helps to cook the food.
Peanut Oil:
Peanut oil is a vegetable oil produced from ground peanuts. It is a monounsaturated fat, which has similar properties as olive oil. The major difference between peanut and olive oils is that peanut does not contain any cholesterol and it has more antioxidants than other vegetable oils.
It also contains vitamin E, copper, manganese & magnesium as well as low levels of saturated fat & no trans-fat.
Soybean Oil:
Soybean oil is a cooking oil which is extracted from soybeans. It contains various vitamins and minerals such as vitamin K, omega-6 fatty acids, iron, magnesium and proteins. The antioxidant properties of the product help in protecting the body against heart diseases and cancer.
The product also helps in reducing menopausal symptoms such as hot flashes or night sweats among women.
Application Insights:
The food processing industry was the largest application segment in 2017 and accounted for more than 54% of the global market share. The growth is attributed to increasing demand for plant cooking oil from fast food joints, restaurants and hotels. Plant-based oils are increasingly being used as a replacement for animal fats in processed foods owing to their healthier alternative nature.
Plant-based oils have higher smoke point compared to other edible oils which makes them suitable for deep frying at high temperatures without undergoing oxidation process resulting in harmful compounds like trans unsaturated fatty acids (TUFA). This factor is expected to increase product adoption over the coming years especially during competitions hosted by countries like India & China where people traditionally eat lots of fried foods as part of their diet due to religious reasons. In addition, rising awareness regarding health benefits associated with these products coupled with growing preference towards healthy lifestyle practices among consumers will fuel industry expansion over the forecast period.
Regional Analysis:
Asia Pacific dominated the global plant cooking oil market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the global population, and a large number of people are shifting towards a vegan diet, which requires special attention when it comes to cooking oils. This has resulted in high demand for soybean oil as well as other varieties such as peanut and rapeseed oils.
The Asia Pacific was followed by Europe with more than 20% share of the overall revenue in 2017. North America also had a significant share owing to growing awareness about healthy diets among consumers coupled with increasing health concerns over trans fats found naturally occurring in butterfat content plant based oils such as soybean, rapeseed, etc.
Growth Factors:
- Increasing demand for plant cooking oil as a healthier alternative to animal-based cooking oils.
- Rising awareness about the health benefits of plant-based cooking oils among consumers.
- Growing popularity of vegan and vegetarian diets, which favor plant-based cooking oils over animal-based fats and oils.
- Increasing demand from emerging markets for healthier, more sustainable cooking options.
- Technological advancements that make production of plant-based cooking oils more efficient and cost effective
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant Cooking Oil Market Research Report
By Type
Peanut Oil, Soybean Oil, Rapeseed Oil, Sesame Oil, Other
By Application
Home Use, Catering, Food Processing Industry
By Companies
Cargill, Incorporated, ACH Foods Company Inc, Bunge North America Inc, Archer Daniels Midland, ConAgra Foods Inc, CHS Inc, Chinatex Corporation, Richardson Oilseed Ltd, J-Oil Mills Inc, Carapelli Firenze S.P.A, Cargill, Incorporated, Adani Group, Ventura Foods, Lorenzati Group, Shandong Xingquan Oil Co. Ltd, Xunda Edible Oil Co. Ltd, Yihai Kerry
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Plant Cooking Oil Market Report Segments:
The global Plant Cooking Oil market is segmented on the basis of:
Types
Peanut Oil, Soybean Oil, Rapeseed Oil, Sesame Oil, Other
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
Home Use, Catering, Food Processing Industry
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:
- Cargill, Incorporated
- ACH Foods Company Inc
- Bunge North America Inc
- Archer Daniels Midland
- ConAgra Foods Inc
- CHS Inc
- Chinatex Corporation
- Richardson Oilseed Ltd
- J-Oil Mills Inc
- Carapelli Firenze S.P.A
- Cargill, Incorporated
- Adani Group
- Ventura Foods
- Lorenzati Group
- Shandong Xingquan Oil Co. Ltd
- Xunda Edible Oil Co. Ltd
- Yihai Kerry
Highlights of The Plant Cooking 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:
- Peanut Oil
- Soybean Oil
- Rapeseed Oil
- Sesame Oil
- Other
- By Application:
- Home Use
- Catering
- Food Processing Industry
- 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 Plant Cooking 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?
Plant cooking oil is a type of vegetable oil that comes from plants. It is made from the oils that are found in plant cells and tissues.
Some of the major companies in the plant cooking oil market are Cargill, Incorporated, ACH Foods Company Inc, Bunge North America Inc, Archer Daniels Midland, ConAgra Foods Inc, CHS Inc, Chinatex Corporation, Richardson Oilseed Ltd, J-Oil Mills Inc, Carapelli Firenze S.P.A, Cargill, Incorporated, Adani Group, Ventura Foods, Lorenzati Group, Shandong Xingquan Oil Co. Ltd, Xunda Edible Oil Co. Ltd, Yihai Kerry.
The plant cooking oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plant Cooking 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 Plant Cooking Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plant Cooking 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 Plant Cooking 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 Plant Cooking Oil Market Size & Forecast, 2018-2028
4.5.1 Plant Cooking Oil Market Size and Y-o-Y Growth
4.5.2 Plant Cooking Oil Market Absolute $ Opportunity
Chapter 5 Global Plant Cooking Oil 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 Plant Cooking Oil Market Size Forecast by Type
5.2.1 Peanut Oil
5.2.2 Soybean Oil
5.2.3 Rapeseed Oil
5.2.4 Sesame Oil
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plant Cooking Oil 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 Plant Cooking Oil Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Catering
6.2.3 Food Processing Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plant Cooking 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 Plant Cooking 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 Plant Cooking Oil Analysis and Forecast
9.1 Introduction
9.2 North America Plant Cooking Oil 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 Plant Cooking Oil Market Size Forecast by Type
9.6.1 Peanut Oil
9.6.2 Soybean Oil
9.6.3 Rapeseed Oil
9.6.4 Sesame Oil
9.6.5 Other
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 Plant Cooking Oil Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Catering
9.10.3 Food Processing Industry
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 Plant Cooking Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Plant Cooking Oil 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 Plant Cooking Oil Market Size Forecast by Type
10.6.1 Peanut Oil
10.6.2 Soybean Oil
10.6.3 Rapeseed Oil
10.6.4 Sesame Oil
10.6.5 Other
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 Plant Cooking Oil Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Catering
10.10.3 Food Processing Industry
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 Plant Cooking Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plant Cooking Oil 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 Plant Cooking Oil Market Size Forecast by Type
11.6.1 Peanut Oil
11.6.2 Soybean Oil
11.6.3 Rapeseed Oil
11.6.4 Sesame Oil
11.6.5 Other
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 Plant Cooking Oil Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Catering
11.10.3 Food Processing Industry
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 Plant Cooking Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Plant Cooking Oil 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 Plant Cooking Oil Market Size Forecast by Type
12.6.1 Peanut Oil
12.6.2 Soybean Oil
12.6.3 Rapeseed Oil
12.6.4 Sesame Oil
12.6.5 Other
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 Plant Cooking Oil Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Catering
12.10.3 Food Processing Industry
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) Plant Cooking Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plant Cooking Oil 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) Plant Cooking Oil Market Size Forecast by Type
13.6.1 Peanut Oil
13.6.2 Soybean Oil
13.6.3 Rapeseed Oil
13.6.4 Sesame Oil
13.6.5 Other
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) Plant Cooking Oil Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Catering
13.10.3 Food Processing Industry
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 Plant Cooking Oil Market: Competitive Dashboard
14.2 Global Plant Cooking Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill, Incorporated
14.3.2 ACH Foods Company Inc
14.3.3 Bunge North America Inc
14.3.4 Archer Daniels Midland
14.3.5 ConAgra Foods Inc
14.3.6 CHS Inc
14.3.7 Chinatex Corporation
14.3.8 Richardson Oilseed Ltd
14.3.9 J-Oil Mills Inc
14.3.10 Carapelli Firenze S.P.A
14.3.11 Cargill, Incorporated
14.3.12 Adani Group
14.3.13 Ventura Foods
14.3.14 Lorenzati Group
14.3.15 Shandong Xingquan Oil Co. Ltd
14.3.16 Xunda Edible Oil Co. Ltd
14.3.17 Yihai Kerry
