Quick Summary:
In the rapidly evolving global market for Edible Oils and Fats, understanding the key drivers, market trends and competitive landscape is crucial for successful business operations and investments. Forecast to soar to a monumental US$194 billion by 2030 from an estimated US$117.5 billion in 2022, this market is poised for significant growth. This report offers an in-depth analysis of the market's trajectory, with a special focus on promising segments like Vegetable & Seed Oil, predicted to reach $93 billion.
By choosing our report, you will gain unparalleled insights into market dynamics in the U.S., China, Japan, Canada, Germany, and other key global markets. This comprehensive and data-rich analysis is the ultimate tool for making well-informed decisions in the Edible Oils and Fats market. Additionally, our report provides a detailed review of 48 major market competitors, ensuring you are abreast with who's who in the industry and their significant impact on the market trends.
Global Edible Oils and Fats Market to Reach $194 Billion by 2030
The global market for Edible Oils and Fats estimated at US$117.5 Billion in the year 2022, is projected to reach a revised size of US$194 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030. Vegetable & Seed Oil, one of the segments analyzed in the report, is projected to record 7% CAGR and reach US$93 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Spreadable Oils & Fats segment is readjusted to a revised 5.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $31.3 Billion, While China is Forecast to Grow at 9.8% CAGR
The Edible Oils and Fats market in the U.S. is estimated at US$31.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$45.9 Billion by the year 2030 trailing a CAGR of 9.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 48 Featured) -
- Ajinomoto Co., Inc.
- American Vegetable Oils, Inc.
- Associated British Foods PLC
- Bunge Ltd.
- Cargill, Inc.
- Chs Inc.
- Conagra Brands, Inc.
- Fuji Vegetable Oil, Inc.
- International Foodstuff Company Holdings Limited (IFFCO)
- Mother Dairy Fruit & Vegetable Pvt., Ltd.
- Unilever PLC
- United Plantations Berhad
- Wilmar International Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Edible Oils and Fats?
What is the growth rate of the Global Market for Edible Oils and Fats?
What is the forecasted size of the Global Market for Edible Oils and Fats?
Who are the key companies in the Global Market for Edible Oils and Fats?
Report Attribute | Details |
---|---|
No. of Pages | 326 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 117.5 Billion |
Forecasted Market Value ( USD | $ 194 Billion |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ajinomoto Co., Inc.
- American Vegetable Oils, Inc.
- Associated British Foods PLC
- Bunge Ltd.
- Cargill, Inc.
- Chs Inc.
- Conagra Brands, Inc.
- Fuji Vegetable Oil, Inc.
- International Foodstuff Company Holdings Limited (IFFCO)
- Mother Dairy Fruit & Vegetable Pvt., Ltd.
- Unilever PLC
- United Plantations Berhad
- Wilmar International Ltd.