Global edible oils market has been witnessing growth over the past few years. Edible oils consist of healthy fats that are essential part of daily diet as these provide energy and support cell growth. Factors such as increasing health consciousness among consumers, rising disposable incomes, changing lifestyle and food habits boosts demand for edible oils globally. However, fluctuating prices of crops and growing awareness about usage of GMO oils may hinder the market growth.
Market Dynamics:
Global edible oils market has been witnessing steady growth owing to several factors such as increasing applications in food industry, growing urbanization, and changing consumption patterns. However, high dependency on agricultural commodities for raw material supply makes market prices volatile. Fluctuating crop yields due to variable climate conditions pose risk of supply disruptions. Moreover, growing health concerns regarding trans-fat and genetically modified oils along with availability of substitutes like olive and coconut oils can hamper the market growth. Meanwhile, demand for organic and non-GMO oils presents new opportunities for market players. Innovation in processing technologies and emergence of novel product varieties catering to diverse cuisine types can drive the market growth.
Key Features of the Study:
- This report provides in-depth analysis of the global edible oils market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global edible oils market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Archer Daniels Midland Company, Borges International Group, Cargill, Incorporated, Bunge Limited, Associated British Foods PLC, Wilmar International Limited, Louis Dreyfus Company, Aceitera General Deheza S.A., American Vegetable Oils, Inc., United Plantations Berhad, Sime Darby Plantation Berhad, Golden Agri-Resources Ltd., Adani Wilmar Limited , The Nisshin OilliO Group, Ltd., Richardson International Limited, Hebany , GrainCorp, VICENTIN S.A.I.C. , Sunora Foods, Aveno NV, Basso Fedele & Figli Srl, Ajanta Soya Limited.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global edible oils market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global edible oils market.
Detailed Segmentation-
- By Product Type:
- Palm Oil
- Soybean Oil
- Sunflower Oil
- Rapeseed Oil
- Olive Oil
- Others
- By Packaging Type:
- Pouches
- Jars
- Cans
- Bottles
- Others
- By Distribution Channel:
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Archer Daniels Midland Company
- Borges International Group
- Cargill, Incorporated
- Bunge Limited
- Associated British Foods PLC
- Wilmar International Limited
- Louis Dreyfus Company
- Aceitera General Deheza S.A.
- American Vegetable Oils, Inc.
- United Plantations Berhad
- Sime Darby Plantation Berhad
- Golden Agri-Resources Ltd.
- Adani Wilmar Limited
- The Nisshin OilliO Group, Ltd.
- Richardson International Limited
- Hebany
- GrainCorp
- VICENTIN S.A.I.C.
- Sunora Foods
- Aveno NV
- Basso Fedele & Figli Srl
- Ajanta Soya Limited
