Vegetable oil is a type of fat that is extracted from plants, especially seeds. It can be used in many different applications such as frying foods, baking, or making cosmetic products. It is high in fatty acids and vitamins, such as vitamin E (tocopherol) and omega 3 and 6 fatty acids. It is a very good source of energy and has a number of health benefits, such as reducing the risk of heart disease, improving metabolism, boosting digestive function and providing essential fatty acids to the body.
Market Dynamics:
The vegetable oil market is growing on the account of increasing per capita income and changing lifestyles. It is a significant part of the economy of developing countries. The market growth is also attributed to the rising demand for convenience food and an increase in consumption of palm and palm kernel oils. However, the global vegetable oil market faces several challenges, such as limited availability of raw materials, high costs, and environmental concerns. These constraints are expected to restrict the market growth.
Key features of the study:
- This report provides in-depth analysis of the global vegetable oil market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 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 vegetable oil 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, Sime Darby Plantation Berhad, Bunge Limited, Olam International Limited, Cargill Incorporated, Golden Agri-Resources, Kuala Lumpur Kepong Berhad, Fuji Oil Holding Inc., Wilmar International Limited, PT Astra Agro Lestari Tbk, and Avril Group
- 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
- The global vegetable oil 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 vegetable oil market
Detailed Segmentation:
- Global Vegetable Oils Market, By Type
- Palm Oil
- Soybean Oil
- Rapeseed Oil
- Sunflower Oil
- Coconut Oil
- Peanut Oil
- Olive Oil
- Other Types
- Global Vegetable Oils Market, By Application
- Global Vegetable Oils Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Archer Daniels Midland Company
- Sime Darby Plantation Berhad
- Bunge Limited
- Olam International Limited
- Cargill Incorporated
- Golden Agri-Resources
- Kuala Lumpur Kepong Berhad
- Fuji Oil Holding Inc.
- Wilmar International Limited
- PT Astra Agro Lestari Tbk
- Avril Group
