Edible Oils Market by Source (Avacado, Corn, Grape Seed), Type (Conventional, Organic), Packaging, End-User - Global Forecast 2024-2030

Edible Oils Market by Source (Avacado, Corn, Grape Seed), Type (Conventional, Organic), Packaging, End-User - Global Forecast 2024-2030

The Edible Oils Market size was estimated at USD 104.19 billion in 2023 and expected to reach USD 109.38 billion in 2024, at a CAGR 5.20% to reach USD 148.66 billion by 2030.

Edible or cooking oil is fat extracted from plant, animal, or microbial origin, which is liquid at room temperature and suitable for preparing food. The surge in fast food consumption and growing awareness regarding the availability of cold pressed are accelerating their sales worldwide. The increasing need for organic edible oil and rapid development and expansion in the food sector are increasing the use of edible oil. However, the volatility of raw material prices, including coconut, sunflower, canola, and safflower, may increase oil prices and hamper market growth. Moreover, the ongoing development of innovative packaging to enhance the shelf life of edible oil, along with government support to improve the production of edible oil, is expected to increase the production and use of edible oil across food industries across the globe.

Regional Insights

The edible oils market is evolving in the Americas due to the rapid expansion of food processing industries and major market players the region. The Asia-Pacific region is expected to show significant growth potential due to the increased production of oilseeds and government initiatives for oilseed cultivation and availability. For instance, the government has implemented the National Mission on Edible Oil (NMEO) for the growing demand for edible oil, such as sesame oil, groundnut oil, safflower oil, and palm oil, among others. The elevating consumer living standards and the increasing penetration of international culinary trends further augment the demand for high-quality product variants in the EMEA region, such as olive oil, sesame oil, and flaxseed oil. The growing focus of developing and developed nations to increase cultivation and production to reduce reliance on imports is expected to create immense potential for the growth of the edible oils market worldwide.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Edible Oils Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Edible Oils Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Edible Oils Market, highlighting leading vendors and their innovative profiles. These include 3F Industries Ltd., ACH Food Companies, Inc., Adani Group, AJWA Group, American Vegetable Oils, Inc., Archer Daniels Midland Company, Avofnc Inc., Borges International Group, S.L., Bunge Limited, Canada Pride Foods Inc., Carapelli Firenze S.p.A., Cargill, Incorporated, CHS Inc., Cobram Estate Olives Limited, COFCO, Conagra Brands, Inc., FEDIOL, Flexs Trading LLC, Fuji Oil, GrainCorp Limited, Guaranty Oils, Henry Lamotte Oils GmbH, IOI Corporation Berhad, J-OIL MILLS , INC., Kuala Lumpur Kepong Berhad, Lam Soon Group, Liberty Oil Mills, Maroli Olives, Musim Mas Group, Nestle S.A., Ngo Chew Hong Edible Oil Pte Ltd, Nisshin Oillio Group Ltd., Olam International Limited, Olenex Sàrl, Patanjali Foods Ltd., Peerless Holdings Pty Ltd, Preston Oil Limited, Pure Oil New Zealand Ltd., Purti Vanaspati Pvt. Ltd., Ragasa - Derechos Reservados, Richardson Oilseed Ltd., Salad Oils International Corporation, Sunora Foods, Tirumalla Edible Oils & Foods, Titan Oils Inc., UEDA OILS ＆ FATS MFG. CO.,LTD., and Vijay Solvex Ltd.

Market Segmentation & Coverage

This research report categorizes the Edible Oils Market to forecast the revenues and analyze trends in each of the following sub-markets:

Source
Avacado

Corn

Grape Seed

Olive

Palm

Peanut

Pumpkin Seed

Rapeseed

Safflower

Soybean

Sunflower
Type
Conventional

Organic
Packaging
Flexible Packaging
Plastic Pouches
Stand-up Pouches

Rigid Packaging
Glass Bottles
High Density Polyethylene (HDPE) Containers
Polyethylene Terephthalate (PET) Bottles
Tin Containers

Semi-rigid Packaging
Bag-in-box Packaging
Liquid Packaging Cartons
End-User
Domestic

Industrial
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Edible Oils Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Edible Oils Market?
3. What are the technology trends and regulatory frameworks in the Edible Oils Market?
4. What is the market share of the leading vendors in the Edible Oils Market?
5. Which modes and strategic moves are suitable for entering the Edible Oils Market?PDF E-mail From Publisher (2-5)Users License Show more