Global Edible Oils and Fats Market - Forecasts from 2019 to 2024

The global edible oils and fats market was valued at US$131.675 billion in 2018 and is anticipated to grow at a CAGR of 2.70% to reach a market size of US$154.492 billion by 2024. The growing demand for edible oils and fats across the regions is because of the fact that these serve as essential ingredients required for culinary purposes. The availability is dependent on the presence of regions rich in crops and livestock in the Asia Pacific regions which will contribute to emanating the growth of the global edible oils and fats market. Europe is expected to hold a significant market share due to the increasing demand for animal fats and improved harvesting techniques for oils and fats here. Furthermore, inclination towards the adoption of the vegan lifestyle will help in the growth of plant-based oils and fats on a global level.

The Global Edible Oils and Fats Market - Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product type, by distribution channel, food application, and by geography.

The global edible oils and fats market has been segmented based on product type, distribution channel, food application, and geography. Based on product type, the market has been segmented into coconut oil, groundnut oil, sunflower oil, butter, ghee, and others. On the basis of the distribution channel, the market has been segmented into online and offline. On the basis of food application, the market is categorized into confectionery, bakery, dairy, cooking, and others.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 15 major countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the global edible oils and fats market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global edible oils and fats market.

Segmentation:

By Product Type

• Coconut oil
• Groundnut oil
• Sunflower oil
• Butter
• Ghee
• Others

By Distribution Channel

• Online
• Offline

By Food Application

• Confectionary
• Bakery
• Dairy
• Cooking
• Others

By Geography

North America

• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Others