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Global Fats & Oils Market by Type (Vegetable Oils (Palm, Soybean, Rapeseed, Sunflower, and Olive), Fats (Butter, Tallow, and Lard)), Application (Food and Industrial), Source (Vegetables and Animals), Form, and Region - Forecast to 2026

  • ID: 5410448
  • Report
  • August 2021
  • Region: Global
  • 327 Pages
  • Markets and Markets
“Market Estimated at USD 236.7 Billion in 2021 and is Projected to Reach USD 285.2 Billion by 2026, at a CAGR of 3.8%”

FEATURED COMPANIES

  • AAK International
  • Bunge Limited
  • CSM Ingredients
  • K S Oils
  • Oleo Fats, Inc.
  • United Plantations Berhad

The global market for fats and oils is estimated at USD 236.7 billion in 2021; it is projected to grow at a CAGR of 3.8% to reach USD 285.2 billion by 2026.

Fats and oils form key primary materials and functional ingredients for the food and feed industries; they also find applications for industrial purposes. Fats and oils play a major role in the food industry due to their smooth, creamy, and rich texture and desirable flavor. These attributes are vital and play an important role in terms of contributing towards market growth.

Fats and oils have numerous applications such as butter, cooking oil, salad, animal feed, fatty acids, biodiesel, paints, personal care products, greases, and lubricants. Further, the rising population, coupled with changes in lifestyles, leading to an increase in consumption of edible oils and processed foods, is driving the increase in the consumption of fats and oils.

The palm oil sub-segment is estimated to hold the largest market share in the By Oil Type segment in the fats and oils market

Players from many regions such as the Middle East and South Asian countries are investing heavily to increase areas under palm tree plantations. Palm oil is the most important vegetable oil both in terms of production and market trading. It has an extremely complex environmental and social footprint as it is produced only in equatorial regions. Thus their use is estimated to be the largest in the global markets.

By fat type, the butter and margarine sub-segment is estimated to account for the largest market share in the fats and oils market

Butter has been observed to facilitate many health benefits; it may improve immunity, regulate hormones, protect vision, boost metabolism, increase brain function, reduce chances of heart disease and blood pressure, protect against cancer, act as a powerful antioxidant, and protect against gastrointestinal issues and conditions. Further, butter is made up of about 80% fat and 15% water, while margarine is a popular butter replacer which is mainly derived from animal fats.

Their use is highly rising in the processed foods sector due to which they are estimated to account for the highest market share in the fats type segment.

The vegetable sub-segment of the By Source segment is projected to observe the fastest growth in fats and oils market over the forecast period

Market demand for vegetable sourced fats and oils can be attributed to the rising attractiveness of healthy & fortified vegetable cooking oils, increase in population and rising living standards, rising demand of food commodities, improved retail network, increase in crop yield and oil production, change in the composition of vegetable oil, fortification of oils, increase in consumer health concerns, and rising industrial applications such as personal care, cosmetics, agrochemicals, animal feed, and biodiesel, among others. Further, the global rise in the vegan population is a driving factor for vegetable fats and oils.

The liquid sub-segment of the By Form segment is projected to observe the fastest market growth in the fats and oils market during the forecast period

The liquid form of fats and oils is highly preferred for storage, transport and trade purposes. However, the level of saturation of different oils and fats differs over a wide range of temperatures. Certain oils, such as oilec acid, are liquid at temperatures considerably below room temperature, whereas elaidic acid is solid even at temperatures above room temperature. This form of use largely depends on the form required as per the end use of the oil and fats respectively.

The food sub-segment of the By Application segment is projected to observe the fastest market growth in the fats and oils market during the forecast period

The food sector finds use for a wide array of fats and oils in products such as chocolates & confectioneries, bakery products, processed foods, and dairy products. They confer desirable characteristics on several foods and contribute to tenderness to the shortened cake. Also, by aerating batter, fats aid in establishing texture in cakes. Thus they are estimated to account for the larger market share compared to industrial applications.

Break-up of Primaries

  • By Company Type: Tier 1 - 20% , Tier 2 - 50% , and Tier 3 - 30%
  • By Designation: CXOs - 31%, Managers - 24%, Executives - 45%
  • By Region: North America - 24%, Europe - 29%, Asia Pacific - 32%, South America - 12%, and Rest of the World (RoW)* - 3%

*RoW includes Middle East and Africa.

Leading players profiled in this report:

  • Associated British Foods PLC (UK)
  • Archer Daniels Midland Company (ADM) (US)
  • Bunge Limited (US)
  • Wilmar International Limited (Singapore)
  • United Plantations Berhad (Malaysia)
  • Unilever PLC (UK)
  • Ajinomoto Co., Inc. (Japan)
  • Mewah International Inc. (Singapore)
  • Cargill, Incorporated (US)
  • Richardson International Limited (Canada)
  • International Foodstuff Company Limited (IFFCO) (UAE)
  • Goodhope Asia Holdings Ltd. (Singapore)
  • Vega Foods (Singapore)
  • Welch, Holme & Clark Co., Inc. (US)
  • Oleo Fats, Inc. (Philippines)
  • CSM Ingredients (US)
  • AAK International (UK)
  • Fuji Oil Co., Ltd. (Japan)
  • Gemini Edibles & Fats India Pvt. Ltd. (India)
  • K S Oils (Singapore)

Research Coverage

This report segments the fats and oils market on the basis of type, application, form, source and region.

In terms of insights, this research report focuses on various levels of analyses-competitive landscape, end-use analysis, and company profiles-which together comprise and discuss the basic views on the emerging & high-growth segments of the fats and oils market, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.

Reasons to Buy this Report

  • To get a comprehensive overview of the fats and oils market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights about the major countries/regions, in which the fats and oils market is flourishing
Frequently Asked Questions about the Global Fats & Oils Market

What is the estimated value of the Global Fats & Oils Market?

The Global Fats & Oils Market was estimated to be valued at $236.7 Billion in 2021.

What is the growth rate of the Global Fats & Oils Market?

The growth rate of the Global Fats & Oils Market is 3.8%, with an estimated value of $285.2 Billion by 2026.

What is the forecasted size of the Global Fats & Oils Market?

The Global Fats & Oils Market is estimated to be worth $285.2 Billion by 2026.

Who are the key companies in the Global Fats & Oils Market?

Key companies in the Global Fats & Oils Market include AAK International, Ajinomoto Co., Inc., Archer Daniels Midland Company, Associated British Foods Plc, Bunge Limited, CSM Ingredients, Cargill, Incorporated, Fuji Oil Co., Ltd. and Goodhope Asia Holdings Ltd..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AAK International
  • Bunge Limited
  • CSM Ingredients
  • K S Oils
  • Oleo Fats, Inc.
  • United Plantations Berhad
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Segmentation
1.3.1 Inclusions and Exclusions
1.3.2 Regions Covered
1.3.3 Periodization Considered
1.4 Currency Considered
Table 1 US Dollar Exchange Rates Considered, 2017-2020
1.5 Volume Unit Considered
1.6 Stakeholders
1.7 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 1 Research Design: Fats & Oils Market
2.1.1 Secondary Data
2.1.1.1 Key data from secondary sources
2.1.2 Primary Data
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
2.2 Market Size Estimation
2.2.1 Supply-Side and Demand-Side Aspects of Market Sizing
2.2.2 Bottom-Up Approach
2.2.3 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
Figure 3 Data Triangulation Methodology
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
Table 2 Assumptions of the Study
2.5 Research Limitations & Associated Risks
2.6 Market Scenarios Considered for the Impact of COVID-19
2.6.1 Scenario-Based Modelling
2.7 COVID-19 Health Assessment
Figure 4 COVID-19: Global Propagation
Figure 5 COVID-19 Propagation: Select Countries
2.8 COVID-19 Economic Assessment
Figure 6 Revised Gross Domestic Product forecasts for Select G20 Countries In 2020
2.8.1 COVID-19 Economic Impact-Scenario Assessment
Figure 7 Criteria Impacting the Global Economy
Figure 8 Scenarios In Terms of Recovery of the Global Economy
3 Executive Summary
Table 3 Fats & Oils Market Snapshot (Value), 2021 Vs. 2026
Figure 9 Impact of COVID-19 On the Fats & Oils Market Size, by Scenario, 2020 Vs. 2021 (USD Million)
Figure 10 Vegetable Oils Market Size, by Oil Type, 2021 Vs. 2026 (USD Million)
Figure 11 Fats & Oils Market, by Application, 2021 Vs. 2026 (USD Million)
Figure 12 Fats & Oils Market, by form, 2021 Vs. 2026 (USD Million)
Figure 13 Fats & Oils Market, by Source, 2021 Vs. 2026 (USD Million)
Figure 14 Fats & Oils Market Share (Value), by Region, 2020
4 Premium Insights
4.1 Attractive Opportunities In the Fats & Oils Market
Figure 15 Increased Consumption of Vegetable Fats and Oils
4.2 Fast & Oils Market: Major Regional Submarkets
Figure 16 China Projected To Be the Fastest-Growing Market for Fats & Oils During the forecast Period
4.3 Asia Pacific: Fats & Oils Market, by Key Source & Country
Figure 18 China Accounted for the Largest Share In the Asia Pacific Market In 2020
4.4 Fats & Oils Market, by Application
Figure 20 Food Applications To Dominate the Fats & Oils Market During the forecast Period
4.5 Fats & Oils Market, by form
Figure 21 Liquid form Segment Projected To Dominate the Market During the forecast Period
4.6 Vegetable Oils Market, by Oil Type
Figure 22 Palm Oil Market Projected To Dominate the Fats & Oils Market During the forecast Period
4.7 Fats Market, by Type
Figure 23 Butter & Margarine Market Projected To Dominate During the forecast Period
Figure 24 COVID-19 Impact On the Fats & Oils Market: Comparison of Pre-and Post-COVID-19 Scenarios
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 25 Fats & Oils Market: Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing demand for food boosting global consumption of vegetable oils
Figure 26 Vegetable Oil Consumption Across the World, From 2013-14 To 2020-21
5.2.1.2 Increased consumption of bakery & confectionery and processed food products
5.2.1.3 Growing demand for biodiesel
Figure 27 US Biodiesel Consumption, 2001-2019 (Billion Gallons)
5.2.2 Restraints
5.2.2.1 Labeling of fat & oil products and the safety issues
5.2.3 Opportunities
5.2.3.1 Emerging application of fats and oils as substitutes of trans-fats
5.2.3.2 Growth in microencapsulation of fats and oils
5.2.4 Challenges
5.2.4.1 High capital investments in extraction
5.2.4.2 High dependence on imports, leading to high costs of end-products
5.3 Impact of COVID-19 On Market Dynamics
5.3.1 COVID-19 Negatively Impacting the Supply Chain Dynamics of the Fats & Oils Market
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
Figure 28 Fats & Oils: Value Chain Analysis
6.3 Pricing Analysis: Fats & Oils Market, by Type
Figure 29 Fats & Oils: Pricing Analysis, by Region, 2017-2020 (USD/Ton of Fats/Oils)
6.4 Ecosystem Map
6.4.1 Fats & Oils Market: Ecosystem View
6.4.2 Fats & Oils Market: Market Map
6.4.2.1 Upstream
6.4.2.1.1 Fat and oil manufacturers
6.4.2.1.2 Raw material providers
6.4.2.1.3 Academia and industry associations
6.4.2.1.4 Downstream companies
6.4.2.1.5 Regulatory bodies and standard-setting organizations
6.4.2.1.6 Distributors and suppliers
6.4.2.1.7 End-use processing companies
6.5 YC-YCC Shift
Figure 30 Revenue Shift for the Fats & Oils Market
6.6 Patent Analysis
Figure 31 Number of Patents Granted for Fats and Oils In A Year Over the Last Ten Years (2010-2020)
Table 4 Key Patents Pertaining To Fats and Oils, 2020
Figure 32 Number of Patents Granted for Fats and Oils, by Year, Assignee, and Region (2018-2020)
6.7 Trade Analysis
Table 5 Key Countries Exporting Fats and Oils, 2020 (USD Million)
Figure 33 Leading Countries Importing (Volume Estimates) Fats and Oils, 2020 (%)
6.8 Technology Analysis
6.9 Porter’S Five forces Analysis
Table 6 Fats & Oils Market: Porter’S Five forces Analysis
6.9.1 Degree of Competition
6.9.2 Bargaining Power of Suppliers
6.9.3 Bargaining Power of Buyers
6.9.4 Threat of Substitutes
6.9.5 Threat of New Entrants
6.10 Case Studies
6.10.1 Vegetable Fats Enhancement With Elimination of Partially Hydrogenated Oils (Phos)
6.10.1.1 Problem statement
6.10.1.2 Solution offered
6.10.1.3 Outcome
6.10.2 COVID-19 Has Increased the Focus On Preventive Nutrition
6.10.2.1 Problem statement
6.10.2.2 Solution offered
6.10.2.3 Outcome
7 Regulatory Analysis
7.1 Introduction
7.1.1 United States (US)
7.1.2 Canada
7.1.3 European Union (Eu)
7.1.4 Emerging Economies - Regulations On Fats & Oils
8 Fats & Oils Market, by Type
8.1 Introduction
8.2 Vegetable Oils
Figure 34 Vegetable Oils Market Size, by Oil Type, 2021 Vs. 2026 (USD Million)
Table 7 Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 8 Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 9 Vegetable Oils Market Size, by Oil T Ype, 2017- 2020 (Kilotons)
Table 10 Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
8.3 COVID-19 Impact On the Fats & Oils Market, by Vegetable Oils
8.3.1 Optimistic Scenario
Table 11 COVID-19 Impact On the Vegetable Oils Market, by Oil Type, 2018-2021 (USD Million)
8.3.2 Realistic Scenario
Table 12 COVID-19 Impact On the Vegetable Oils Market, by Oil Type, 2018-2021 (USD Million)
8.3.3 Pessimistic Scenario
Table 13 COVID-19 Impact On the Vegetable Oils Market, by Oil Type, 2018-2021 (USD Million)
8.4 Palm Oil
8.4.1 The Absence of Linolenic Acid Makes Palm Oil Stable To Oxidative Deterioration
Table 14 Palm Oil Market Size, by Region, 2017-2020 (USD Million)
Table 15 Palm Oil Market Size, by Region, 2021-2026 (USD Million)
Table 16 Palm Oil Market Size, by Region, 2017- 2020 (Kilotons)
Table 17 Palm Oil Market Size, by Region, 2021- 2026 (Kilotons)
8.5 Soybean Oil
8.5.1 High Amount of Essential Fatty Acids Make Soybean Oil A Healthier Alternative
Figure 35 Inputs for Biodiesel Production In the US, 2018-2020
Table 18 Soybean Oil Market Size, by Region, 2017-2020 (USD Million)
Table 19 Soybean Oil Market Size, by Region, 2021-2026 (USD Million)
Table 20 Soybean Oil Market Size, by Region, 2017- 2020 (Kilotons)
Table 21 Soybean Oil Market Size, by Region, 2021- 2026 (Kilotons)
8.6 Sunflower Oil
8.6.1 High Prices of Sunflower Oil Limiting Its Use In Food Applications
Table 22 Sunflower Oil Market Size, by Region, 2017-2020 (USD Million)
Table 23 Sunflower Oil Market Size, by Region, 2021-2026 (USD Million)
Table 24 Sunflower Oil Market Size, by Region, 2017- 2020 (Kilotons)
Table 25 Sunflower Oil Market Size, by Region, 2021- 2026 (Kilotons)
8.7 Rapeseed Oil
8.7.1 High Levels of Fatty Acids Limiting the Use of Rapeseed Oil In the Food Industry
Table 26 Rapeseed Oil Market Size, by Region, 2017-2020 (USD Million)
Table 27 Rapeseed Oil Market Size, by Region, 2021-2026 (USD Million)
Table 28 Rapeseed Oil Market Size, by Region, 2017- 2020 (Kilotons)
Table 29 Rapeseed Oil Market Size, by Region, 2021- 2026 (Kilotons)
8.8 Olive Oil
8.8.1 Highly Nutritious Quality of Olive Oil Makes It One of the Most Used Oils In Households
Table 30 Olive Oil Market Size, by Region, 2017-2020 (USD Million)
Table 31 Olive Oil Market Size, by Region, 2021-2026 (USD Million)
Table 32 Olive Oil Market Size, by Region, 2017-2020 (Kilotons)
Table 33 Olive Oil Market Size, by Region, 2021-2026 (Kilotons)
8.9 Other Oils
8.9.1 Low Concentration of Unsaturated Fatty Acids In Coconut Oil Makes the Oil Resistant To Oxidation
Table 34 Other Oils Market Size, by Region, 2017-2020 (USD Million)
Table 35 Other Oils Market Size, by Region, 2021-2026 (USD Million)
Table 36 Other Oils Market Size, by Region, 2017-2020 (Kilotons)
Table 37 Olive Oils Market Size, by Region, 2021-2026 (Kilotons)
8.10 Fats
Figure 36 Fats Market Size, by Fat Type, 2021 Vs. 2026 (USD Million)
Table 38 Fats Market Size, by Fat Type, 2017-2020 (USD Million)
Table 39 Fats Market Size, by Fat Type, 2021-2026 (USD Million)
Table 40 Fats Market Size, by Fat Type, 2017-2020 (Kilotons)
Table 41 Fats Market Size, by Fat Type, 2021-2026 (Kilotons)
8.11 COVID-19 Impact On the Fats & Oils Market, by Fats
8.11.1 Optimistic Scenario
Table 42 COVID-19 Impact On the Fats Market, by Fat Type, 2018-2021 (USD Million)
8.11.2 Realistic Scenario
Table 43 COVID-19 Impact On the Fats Market, by Fat Type, 2018-2021 (USD Million)
8.11.3 Pessimistic Scenario
Table 44 COVID-19 Impact On the Fats Market, by Fat Type, 2018-2021 (USD Million)
8.12 Butter & Margarine
8.12.1 ‘Bread & Butter’ Staple Breakfast Driving the Market for Butter
Table 45 Butter & Margarine Market Size, by Region, 2017-2020 (USD Million)
Table 46 Butter & Margarine Market Size, by Region, 2021-2026 (USD Million)
Table 47 Butter & Margarine Market Size, by Region, 2017-2020 (Kilotons)
Table 48 Butter & Margarine Market Size, by Region, 2021-2026 (Kilotons)
8.13 Tallow & Grease
8.13.1 Tallow Helps In Absorbing More Nutrients and In Reducing Inflammation
Table 49 Tallow & Grease Market Size, by Region, 2017-2020 (USD Million)
Table 50 Tallow & Grease Market Size, by Region, 2021-2026 (USD Million)
Table 51 Tallow & Grease Market Size, by Region, 2017-2020 (Kilotons)
Table 52 Tallow & Grease Market Size, by Region, 2021-2026 (Kilotons)
8.14 Lard
8.14.1 The Relatively Lesser Concentration of Saturated Fats Makes Lard A Better Alternative To Butter
Table 53 Lard Market Size, by Region, 2017-2020 (USD Million)
Table 54 Lard Market Size, by Region, 2021-2026 (USD Million)
Table 55 Lard Market Size, by Region, 2017- 2020 (Kilotons)
Table 56 Lard Market Size, by Region, 2021- 2026 (Kilotons)
8.15 Other Fats
8.15.1 Poultry Fats and Mutton Fats Are Used As Soups and Pet Foods
Table 57 Other Fats Market Size, by Region, 2017-2020 (USD Million)
Table 58 Other Fats Market Size, by Region, 2021-2026 (USD Million)
Table 59 Other Fats Market Size, by Region, 2017- 2020 (Kilotons)
Table 60 Other Fats Market Size, by Region, 2021- 2026 (Kilotons)
9 Fats & Oils Market, by Source
9.1 Introduction
Figure 37 Fats & Oils Market Size, by Source, 2021 Vs. 2026 (USD Million)
Table 61 Fats & Oils Market Size, by Source, 2017-2020 (USD Million)
Table 62 Fats & Oils Market Size, by Source, 2021-2026 (USD Million)
Table 63 Fats & Oils Market Size, by Source, 2017- 2020 (Kilotons)
Table 64 Fats & Oils Market Size, by Source, 2021-2026 (Kilotons)
9.2 COVID-19 Impact On the Fats & Oils Market, by Source
9.2.1 Optimistic Scenario
Table 65 COVID-19 Impact On the Fats & Oils Market, by Source, 2019-2021 (USD Million)
9.2.2 Realistic Scenario
Table 66 COVID-19 Impact On the Fats & Oils Market, by Source, 2019-2021 (USD Million)
9.2.3 Pessimistic Scenario
Table 67 COVID-19 Impact On the Fats & Oils Market, by Source, 2019-2021 (USD Million)
9.3 Vegetables
9.3.1 Increasing Awareness About Healthy Diets Among People Driving the Market for Vegetable Oil
Table 68 Fats & Oils Market Size for Vegetable Sources, by Region, 2017-2020 (USD Million)
Table 69 Fats & Oils Market Size for Vegetable Sources, by Region, 2021-2026 (USD Million)
Table 70 Fats & Oils Market Size for Vegetable Sources, by Region, 2017- 2020 (Kilotons)
Table 71 Fats & Oils Market Size for Vegetable Sources, by Region, 2021- 2026 (Kilotons)
9.4 Animals
9.4.1 Animal-Based Oils and Fats Are More Stable and Make the Food Crispier, Juicier, and Flavourful
Table 72 Fats & Oils Market Size for Animal Sources, by Region, 2017-2020 (USD Million)
Table 73 Fats & Oils Market Size for Animal Sources, by Region, 2021-2026 (USD Million)
Table 74 Fats & Oils Market Size for Animal Sources, by Region, 2017- 2020 (Kilotons)
Table 75 Fats & Oils Market Size for Animal Sources, by Region, 2021- 2026 (Kilotons)
10 Fats & Oils Market, by form
10.1 Introduction a
10.1.1 Factors Affecting the Physical Characteristics of Fats and Oils
Figure 38 Fast & Oils Market Size, by form, 2021 Vs. 2026 (USD Million)
Table 76 Fats & Oils Market Size, by form, 2017-2020 (USD Million)
Table 77 Fats & Oils Market Size, by form, 2021-2026 (USD Million)
Table 78 Fats & Oils Market Size, by form, 2017- 2020 (Kilotons)
Table 79 Fats & Oils Market Size, by form, 2021-2026 (Kilotons)
10.2 COVID-19 Impact On the Fats & Oils Market, by form
10.2.1 Optimistic Scenario
Table 80 COVID-19 Impact On the Fats & Oils Market, by form, 2019-2021 (USD Million) (Optimistic Scenario)
10.2.2 Realistic Scenario
Table 81 COVID-19 Impact On the Fats & Oils Market, by form, 2019-2021 (USD Million) (Realistic Scenario)
10.2.3 Pessimistic Scenario
Table 82 COVID-19 Impact On the Fats & Oils Market, by form, 2019-2021 (USD Million) (Pessimistic Scenario)
10.3 Liquid
10.3.1 High Demand for Liquid Oils Used In Households and Hotels
Table 83 Liquid: Fats & Oils Market Size, by Region, 2017-2020 (USD Million)
Table 84 Liquid: Fats & Oils Market Size, by Region, 2021-2026 (USD Million)
Table 85 Liquid: Fats & Oils Market Size, by Region, 2017- 2020 (Kilotons)
Table 86 Liquid: Fats & Oils Market Size, by Region, 2021- 2026 (Kilotons)
10.4 Solid (Crystalline)
10.4.1 Solid form Crystallizes the Animal- and Vegetable-Derived Fats, Making them More Creamy
Table 87 Solid: Fats & Oils Market Size, by Region, 2017-2020 (USD Million)
Table 88 Solid: Fats & Oils Market Size, by Region, 2021-2026 (USD Million)
Table 89 Solid: Fats & Oils Market Size, by Region, 2017- 2020 (Kilotons)
Table 90 Solid: Fats & Oils Market Size, by Region, 2021- 2026 (Kilotons)
11 Fats & Oils Market, by Application
11.1 Introduction
Figure 39 Fats & Oils Market Size, by Application, 2021 Vs. 2026 (USD Million)
Table 91 Fats & Oils Market Size, by Application, 2017-2020 (USD Million)
Table 92 Fats & Oils Market Size, by Application, 2021-2026 (USD Million)
Table 93 Fats & Oils Market Size, by Application, 2017- 2020 (Kilotons)
Table 94 Fats & Oils Market Size, by Application, 2021-2026 (Kilotons)
11.2 COVID-19 Impact On the Fats & Oils Market, by Application
11.2.1 Optimistic Scenario
Table 95 COVID-19 Impact On the Fats & Oils Market, by Application, 2018-2021 (USD Million) (Optimistic Scenario)
11.2.2 Realistic Scenario
Table 96 COVID-19 Impact On the Fats & Oils Market, by Application, 2018-2021 (USD Million)
11.2.3 Pessimistic Scenario
Table 97 COVID-19 Impact On the Fats & Oils Market, by Application, 2018-2021 (USD Million)
11.3 Food Applications
11.3.1 Vegetable Oils offer A Healthier Substitute for Traditional Fats Used In Food Products
Table 98 Food Applications: Fats & Oils Market Size, by Region, 2017-2020 (USD Million)
Table 99 Food Applications: Fats & Oils Market Size, by Region, 2021-2026 (USD Million)
Table 100 Food Applications: Fats & Oils Market Size, by Region, 2017- 2020 (Kilotons)
Table 101 Food Applications: Fats & Oils Market Size, by Region, 2021- 2026 (Kilotons)
11.3.2 Bakery & Confectionery
11.3.2.1 Bakery
Table 102 Composition of Major Fats and Oils Used In Bakeries
11.3.2.2 Confectionery
11.3.3 Processed Food
11.3.3.1 Snacks & savory
11.3.3.2 R.T.E Foods/Convenience foods
11.3.3.3 Sauces, spreads, and dressings
Table 103 Types of Spreads and their Descriptions
11.3.3.4 Others (incl. meat products)
11.4 Industrial Applications
11.4.1 Demand for Vegetable Oil Has Significantly Increased In Developed Countries for Use In Biodiesel Production
Table 104 Industrial Applications: Fats & Oils Market Size, by Region, 2017-2020 (USD Million)
Table 105 Industrial Applications: Fats & Oils Market Size, by Region, 2021-2026 (USD Million)
Table 106 Industrial Applications: Fats & Oils Market Size, by Region, 2017- 2020 (Kilotons)
Table 107 Industrial Applications: Fats & Oils Market Size, by Region, 2021- 2026 (Kilotons)
11.4.2 Biodiesel
Figure 40 US Monthly Biodiesel Production, 2018-2020 (Million Gallons)
11.4.3 Other Industrial Applications
11.4.3.1 Oleochemicals
11.4.3.2 Animal feed
12 Fats & Oils Market, by Region
12.1 Introduction
Figure 41 Geographic Snapshot of the Fats & Oils Market (2021-2026):
Figure 42 Fats & Oils Market, by Region, 2021 Vs. 2026 (USD Million)
Table 108 Fats & Oils Market Size, by Region, 2017-2020 (USD Million)
Table 109 Fats & Oils Market Size, by Region, 2021-2026 (USD Million)
Table 110 Fats & Oils Market Size, by Region, 2017-2020 (Kilotons)
Table 111 Fats & Oils Market Size, by Region, 2021-2026 (Kilotons)
Table 112 Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 113 Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 114 Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 115 Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
Table 116 Fats Market Size, by Fat Type, 2017-2020 (USD Million)
Table 117 Fats Market Size, by Fat Type, 2021-2026 (USD Million)
Table 118 Fats Market Size, by Fat Type, 2017-2020 (Kilotons)
Table 119 Fats Market Size, by Fats Type, 2021-2026 (Kilotons)
Table 120 Fats & Oils Market Size, by Application, 2017-2020 (USD Million)
Table 121 Fats & Oils Market Size, by Application, 2021-2026 (USD Million)
Table 122 Fats & Oils Market Size, by Application, 2017-2020 (Kilotons)
Table 123 Fats & Oils Market Size, by Application, 2021-2026 (Kilotons)
Table 124 Fats & Oils Market Size, by Source, 2017-2020 (USD Million)
Table 125 Fats & Oils Market Size, by Source, 2021-2026 (USD Million)
Table 126 Fats & Oils Market Size, by Source, 2017-2020 (Kilotons)
Table 127 Fats & Oils Market Size, by Source, 2021-2026 (Kilotons)
Table 128 Fats & Oils Market Size, by form, 2017-2020 (USD Million)
Table 129 Fats & Oils Market Size, by form, 2021-2026 (USD Million)
Table 130 Fats & Oils Market Size, by form, 2017-2020 (Kilotons)
Table 131 Fats & Oils Market Size, by form, 2021-2026 (Kilotons)
12.2 COVID-19 Impact On the Fats & Oils Market, by Region
12.2.1 Optimistic Scenario
Table 132 Optimistic Scenario: COVID-19 Impact On the Fats & Oils Market, by Region, 2019-2021 (USD Million)
12.2.2 Realistic Scenario
Table 133 COVID-19 Impact On the Fats & Oils Market, by Region, 2019-2021 (USD Million)
12.2.3 Pessimistic Scenario
Table 134 COVID-19 Impact On the Fats & Oils Market, by Region, 2019-2021 (USD Million)
12.3 North America
Figure 43 North America: Market Snapshot
Table 135 North America: Fats & Oils Market Size, by Country, 2017-2020 (USD Million)
Table 136 North America: Fats & Oils Market Size, by Country, 2021-2026 (USD Million)
Table 137 North America: Fats & Oils Market Size, by Country, 2017-2020 (Kilotons)
Table 138 North America: Fats & Oils Market Size, by Country, 2021-2026 (Kilotons)
Table 139 North America: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 140 North America: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 141 North America: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 142 North America: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
Table 143 North America: Fats Market Size, by Fat Type, 2017-2020 (USD Million)
Table 144 North America: Fats Market Size, by Fat Type, 2021-2026 (USD Million)
Table 145 North America: Fats Market Size, by Fat Type, 2017-2020 (Kilotons)
Table 146 North America: Fats Market Size, by Fat Type, 2021-2026 (Kilotons)
Table 147 North America: Fats & Oils Market Size, by Application, 2017-2020 (USD Million)
Table 148 North America: Fats & Oils Market Size, by Application, 2021-2026 (USD Million)
Table 149 North America: Fats & Oils Market Size, by Application, 2017-2020 (Kilotons)
Table 150 North America: Fats & Oils Market Size, by Application, 2021-2026 (Kilotons)
Table 151 North America: Fats & Oils Market Size, by Source, 2017-2020 (USD Million)
Table 152 North America: Fats & Oils Market Size, by Source, 2021-2026 (USD Million)
Table 153 North America: Fats & Oils Market Size, by Source, 2017-2020 (Kilotons)
Table 154 North America: Fats & Oils Market Size, by Source, 2021-2026 (Kilotons)
Table 155 North America: Fats & Oils Market Size, by form, 2017-2020 (USD Million)
Table 156 North America: Fats & Oils Market Size, by form, 2021-2026 (USD Million)
Table 157 North America: Fats & Oils Market Size, by form, 2017-2020 (Kilotons)
Table 158 North America: Fats & Oils Market Size, by form, 2021-2026 (Kilotons)
12.3.1 US
12.3.1.1 Strong volume-based demand for soybean and rapeseed oils driving the sale of fats and oils
Table 159 US: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 160 US: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 161 US: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 162 US: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.3.2 Canada
12.3.2.1 High consumption rates for rapeseed, palm, and coconut oil in the processed food industry
Table 163 Canada: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 164 Canada: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 165 Canada: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 166 Canada: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.3.3 Mexico
12.3.3.1 Mexican bakery and confectionery sectors leading the demand dynamics for fats and oils
Table 167 Mexico: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 168 Mexico: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 169 Mexico: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 170 Mexico: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.4 Asia Pacific
Figure 44 Asia Pacific: Market Snapshot
Table 171 Asia Pacific: Fats & Oils Market Size, by Country, 2017-2020 (USD Million)
Table 172 Asia Pacific: Fats & Oils Market Size, by Country, 2021-2026 (USD Million)
Table 173 Asia Pacific: Fats & Oils Market Size, by Country, 2017-2020 (Kilotons)
Table 174 Asia Pacific: Fats & Oils Market Size, by Country, 2021-2026 (Kilotons)
Table 175 Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 176 Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 177 Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 178 Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
Table 179 Asia Pacific: Fats Market Size, by Fat Type, 2017-2020 (USD Million)
Table 180 Asia Pacific: Fats Market Size, by Fat Type, 2021-2026 (USD Million)
Table 181 Asia Pacific: Fats Market Size, by Fat Type, 2017-2020 (Kilotons)
Table 182 Asia Pacific: Fats Market Size, by Fat Type, 2021-2026 (Kilotons)
Table 183 Asia Pacific: Fats & Oils Market Size, by Application, 2017-2020 (USD Million)
Table 184 Asia Pacific: Fats & Oils Market Size, by Application, 2021-2026 (USD Million)
Table 185 Asia Pacific: Fats & Oils Market Size, by Application, 2017-2020 (Kilotons)
Table 186 Asia Pacific: Fats & Oils Market Size, by Application, 2021-2026 (Kilotons)
Table 187 Asia Pacific: Fats & Oils Market Size, by Source, 2017-2020 (USD Million)
Table 188 Asia Pacific: Fats & Oils Market Size, by Source, 2021-2026 (USD Million)
Table 189 Asia Pacific: Fats & Oils Market Size, by Source, 2017-2020 (Kilotons)
Table 190 Asia Pacific: Fats & Oils Market Size, by Source, 2021-2026 (Kilotons)
Table 191 Asia Pacific: Fats & Oils Market Size, by form, 2017-2020 (USD Million)
Table 192 Asia Pacific: Fats & Oils Market Size, by form, 2021-2026 (USD Million)
Table 193 Asia Pacific: Fats & Oils Market Size, by form, 2017-2020 (Kilotons)
Table 194 Asia Pacific: Fats & Oils Market Size, by form, 2021-2026 (Kilotons)
12.4.1 China
12.4.1.1 Robust production, consumption, and import dynamics for palm and soybean oils to drive the fats & oils market
Table 195 China: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 196 China: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 197 China: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 198 China: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.4.2 India
12.4.2.1 Promising consumption patterns arising from processed food product growth driving the sales momentum of fats and oils
Table 199 India: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 200 India: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 201 India: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 202 India: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.4.3 Japan
12.4.3.1 Health-conscious consumers driving the demand for clean-labeled fats and oils
Table 203 Japan: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 204 Japan: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 205 Japan: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 206 Japan: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.4.4 Indonesia
12.4.4.1 Robust per capita consumption of fats and oils
Table 207 Indonesia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 208 Indonesia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 209 Indonesia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 210 Indonesia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.4.5 Malaysia
12.4.5.1 Favorable production patterns and promising consumption of palm oil fueling the fats & oils market
Table 211 Malaysia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 212 Malaysia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 213 Malaysia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 214 Malaysia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.4.6 Australia
12.4.6.1 Growing popularity of rapeseed, olive, and sunflower oils facilitating the fats and oils market
Table 215 Australia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 216 Australia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 217 Australia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 218 Australia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.4.7 Rest of Asia Pacific
12.4.7.1 Diversified consumption patterns for indulgent foods remain the key driver for fats and oils
Table 219 Rest of Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 220 Rest of Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 221 Rest of Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 222 Rest of Asia Pacific: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5 Europe
Figure 45 Europe: Market Snapshot
Table 223 Europe: Fats & Oils Market Size, by Country, 2017-2020 (USD Million)
Table 224 Europe: Fats & Oils Market Size, by Country, 2021-2026 (USD Million)
Table 225 Europe: Fats & Oils Market Size, by Country, 2017-2020 (Kilotons)
Table 226 Europe: Fats & Oils Market Size, by Country, 2021-2026 (Kilotons)
Table 227 Europe: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 228 Europe: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 229 Europe: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 230 Europe: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
Table 231 Europe: Fats Market Size, by Fat Type, 2017-2020 (USD Million)
Table 232 Europe: Fats Market Size, by Fat Type, 2021-2026 (USD Million)
Table 233 Europe: Fats Market Size, by Fat Type, 2017-2020 (Kilotons)
Table 234 Europe: Fats Market Size, by Fat Type, 2021-2026 (Kilotons)
Table 235 Europe: Fats & Oils Market Size, by Application, 2017-2020 (USD Million)
Table 236 Europe: Fats & Oils Market Size, by Application, 2021-2026 (USD Million)
Table 237 Europe: Fats & Oils Market Size, by Application, 2017-2020 (Kilotons)
Table 238 Europe: Fats & Oils Market Size, by Application, 2021-2026 (Kilotons)
Table 239 Europe: Fats & Oils Market Size, by Source, 2017-2020 (USD Million)
Table 240 Europe: Fats & Oils Market Size, by Source, 2021-2026 (USD Million)
Table 241 Europe: Fats & Oils Market Size, by Source, 2017-2020 (Kilotons)
Table 242 Europe: Fats & Oils Market Size, by Source, 2021-2026 (Kilotons)
Table 243 Europe: Fats & Oils Market Size, by form, 2017-2020 (USD Million)
Table 244 Europe: Fats & Oils Market Size, by form, 2021-2026 (USD Million)
Table 245 Europe: Fats & Oils Market Size, by form, 2017-2020 (Kilotons)
Table 246 Europe: Fats & Oils Market Size, by form, 2021-2026 (Kilotons)
12.5.1 Germany
12.5.1.1 Policy and regulatory initiatives driving the consumption of healthier, clean-labeled fats and oils
Table 247 Germany: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 248 Germany: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 249 Germany: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 250 Germany: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5.2 UK
12.5.2.1 Significant reduction in saturated fats in the dietary habits expected to drive the sales of olive, sunflower, and other healthier variants of Vegetable oils
Table 251 UK: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 252 UK: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 253 UK: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 254 UK: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5.3 France
12.5.3.1 Culinary aspects of the French market favoring significant utilization of fats and oils
Table 255 France: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 256 France: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 257 France: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 258 France: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5.4 Italy
12.5.4.1 Olive oil remains an indispensable ingredient in Italian food products
Table 259 Italy: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 260 Italy: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 261 Italy: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 262 Italy: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5.5 Spain
12.5.5.1 Greater share of animal-based food products in Spanish diets driving the sales of fats and oils
Table 263 Spain: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 264 Spain: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 265 Spain: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 266 Spain: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5.6 Russia
12.5.6.1 Robust in-home consumption of fat-rich foods
Table 267 Russia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 268 Russia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 269 Russia: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 270 Russia: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5.7 Netherlands
12.5.7.1 Dutch fats and oils market thriving on resilient production and trade dynamics
Table 271 Netherlands: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 272 Netherlands: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 273 Netherlands: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 274 Netherlands: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.5.8 Rest of Europe
12.5.8.1 Promising demand patterns from Eastern European countries driving the market for fats and oils
Table 275 Rest of Europe: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 276 Rest of Europe: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 277 Rest of Europe: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 278 Rest of Europe: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.6 South America
Table 279 South America: Fats & Oils Market Size, by Country, 2017-2020 (USD Million)
Table 280 South America: Fats & Oils Market Size, by Country, 2021-2026 (USD Million)
Table 281 South America: Fats & Oils Market Size, by Country, 2017-2020 (Kilotons)
Table 282 South America: Fats & Oils Market Size, by Country, 2021- 2026 (Kilotons)
Table 283 South America: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 284 South America: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 285 South America: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 286 South America: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
Table 287 South America: Fats Market Size, by Fat Type, 2017-2020 (USD Million)
Table 288 South America: Fats Market Size, by Fat Type, 2021-2026 (USD Million)
Table 289 South America: Fats Market Size, by Fat Type, 2017-2020 (Kilotons)
Table 290 South America: Fats Market Size, by Fat Type, 2021-2026 (Kilotons)
Table 291 South America: Fats & Oils Market Size, by Application, 2017-2020 (USD Million)
Table 292 South America: Fats & Oils Market Size, by Application, 2021-2026 (USD Million)
Table 293 South America: Fats & Oils Market Size, by Application, 2017-2020 (Kilotons)
Table 294 South America: Fats & Oils Market Size, by Application, 2021-2026 (Kilotons)
Table 295 South America: Fats & Oils Market Size, by Source, 2017-2020 (USD Million)
Table 296 South America: Fats & Oils Market Size, by Source, 2021-2026 (USD Million)
Table 297 South America: Fats & Oils Market Size, by Source, 2017-2020 (Kilotons)
Table 298 South America: Fats & Oils Market Size, by Source, 2021-2026 (Kilotons)
Table 299 South America: Fats & Oils Market Size, by form, 2017-2020 (USD Million)
Table 300 South America: Fats & Oils Market Size, by form, 2021-2026 (USD Million)
Table 301 South America: Fats & Oils Market Size, by form, 2017-2020 (Kilotons)
Table 302 South America: Fats & Oils Market Size, by form, 2021-2026 (Kilotons)
12.6.1 Brazil
12.6.1.1 Increasing production of biofuel driving the market for vegetable oils
Table 303 Brazil: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 304 Brazil: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 305 Brazil: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 306 Brazil: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.6.2 Argentina
12.6.2.1 Significant export of soybean replenishing the country’s foreign currency reserves
Figure 46 Value of Argentine Soy Exports, by Component, 2010-2020
Table 307 Argentina: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 308 Argentina: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 309 Argentina: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 310 Argentina: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.6.3 Rest of South America
Table 311 Rest of South America: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 312 Rest of South America: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 313 Rest of South America: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 314 Rest of South America: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.7 RoW
Table 315 RoW: Fats & Oils Market Size, by Region, 2017-2020 (USD Million)
Table 316 RoW: Fats & Oils Market Size, by Region, 2021-2026 (USD Million)
Table 317 RoW: Fats & Oils Market Size, by Region, 2017-2020 (Kilotons)
Table 318 RoW: Fats & Oils Market Size, by Region, 2021- 2026 (Kilotons)
Table 319 RoW: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 320 RoW: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 321 RoW: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 322 RoW: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
Table 323 RoW: Fats Market Size, by Fat Type, 2017-2020 (USD Million)
Table 324 RoW: Fats Market Size, by Fat Type, 2021-2026 (USD Million)
Table 325 RoW: Fats Market Size, by Fat Type, 2017-2020 (Kilotons)
Table 326 RoW: Fats Market Size, by Fat Type, 2021-2026 (Kilotons)
Table 327 RoW: Fats & Oils Market Size, by Application, 2017-2020 (USD Million)
Table 328 RoW: Fats & Oils Market Size, by Application, 2021-2026 (USD Million)
Table 329 RoW: Fats & Oils Market Size, by Application, 2017-2020 (Kilotons)
Table 330 RoW: Fats & Oils Market Size, by Application, 2021-2026 (Kilotons)
Table 331 RoW: Fats & Oils Market Size, by Source, 2017-2020 (USD Million)
Table 332 RoW: Fats & Oils Market Size, by Source, 2021-2026 (USD Million)
Table 333 RoW: Fats & Oils Market Size, by Source, 2017-2020 (Kilotons)
Table 334 RoW: Fats & Oils Market Size, by Source, 2021-2026 (Kilotons)
Table 335 RoW: Fats & Oils Market Size, by form, 2017-2020 (USD Million)
Table 336 RoW: Fats & Oils Market Size, by form, 2021-2026 (USD Million)
Table 337 RoW: Fats & Oils Market Size, by form, 2017-2020 (Kilotons)
Table 338 RoW: Fats & Oils Market Size, by form, 2021-2026 (Kilotons)
12.7.1 Middle East
12.7.1.1 Inclusion of fats and oils in the Middle Eastern culture driving the market
Table 339 Middle East: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 340 Middle East: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 341 Middle East: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 342 Middle East: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
12.7.2 Africa
12.7.2.1 Africa offers a large potential market for vegetable fats and oils
Table 343 Africa: Vegetable Oils Market Size, by Oil Type, 2017-2020 (USD Million)
Table 344 Africa: Vegetable Oils Market Size, by Oil Type, 2021-2026 (USD Million)
Table 345 Africa: Vegetable Oils Market Size, by Oil Type, 2017-2020 (Kilotons)
Table 346 Africa: Vegetable Oils Market Size, by Oil Type, 2021-2026 (Kilotons)
13 Competitive Landscape
13.1 Overview
Figure 47 Overview of the Strategies Deployed by Key Players In the Fats & Oils Market
13.2 Revenue Analysis of Key Players, 2018- 2020
Figure 48 Revenue Analysis (Segmental) Of Key Players In the Fats & Oils Market Between 2018 and 2020 (USD Million)
13.3 Market Share Analysis, 2020
Table 347 Fats & Oils Market: Degree of Competition
13.4 COVID-19-Specific Company Response
13.4.1 Associated British Foods Plc
13.4.2 Archer Daniels Midland Company
13.5 Bunge Limited
13.6 Company Evaluation Quadrant (Key Players)
13.6.1 Stars
13.6.2 Emerging Leaders
13.6.3 Pervasive Players
13.6.4 Participants
Figure 49 Fats & Oils Market: Company Evaluation Quadrant, 2020 (Key Players)
13.6.5 Product Footprint
Table 348 Company Footprint, by Type
Table 349 Company Footprint, by Source
Table 350 Company Footprint, by Application
Table 351 Company Footprint, by Region
13.7 Company Evaluation Quadrant (Start-Up/SME)
13.7.1 Progressive Companies
13.7.2 Starting Blocks
13.7.3 Responsive Companies
13.7.4 Dynamic Companies
Figure 50 Fats & Oils Market: Company Evaluation Quadrant, 2020 (Start-Ups/SME)
13.8 Competitive Scenario
13.8.1 Deals
Table 352 Fats & Oils Market: Deals, 2018-2019
13.8.2 Other Developments
Table 353 Fats & Oils Market: Other Developments, 2021
14 Company Profiles
14.1 Key Companies
(Business overview, Products offered, Recent Developments, Mnm view)*
14.1.1 Associated British Foods Plc
Table 354 Associated British Foods Plc: Business Overview
Figure 51 Associated British Foods Plc: Company Snapshot
Table 355 Associated British Foods Plc: Product offerings
14.1.2 Archer Daniels Midland Company
Table 356 Archer Daniels Midland Company: Business Overview
Figure 52 Archer Daniels Midland Company: Company Snapshot
Table 357 Archer Daniels Midland Company: Product offerings
Table 358 Archer Daniels Midland Company: Product Launches
Table 359 Archer Daniels Midland Company: Deals
Table 360 Archer Daniels Midland Company: Others
14.1.3 Bunge Limited
Table 361 Bunge Limited: Business Overview
Figure 53 Bunge Limited: Company Snapshot
Table 362 Bunge Limited: Product offerings
Table 363 Bunge Limited: Deals
14.1.4 Wilmar International Limited
Table 364 Wilmar International Limited: Business Overview
Figure 54 Wilmar International Limited: Company Snapshot
Table 365 Wilmar International Limited: Product offerings
14.1.5 United Plantations Berhad
Table 366 United Plantations Berhad: Business Overview
Figure 55 United Plantations Berhad.: Company Snapshot
Table 367 United Plantations Limited: Product offerings
14.1.6 Unilever Plc
Table 368 Unilever Plc: Business Overview
Figure 56 Unilever Plc: Company Snapshot
Table 369 Unilever Plc: Product offerings
14.1.7 Ajinomoto Co., Inc.
Table 370 Ajinomoto Co., Inc.: Business Overview
Figure 57 Ajinomoto Co., Inc.: Company Snapshot
Table 371 Ajinomoto Co., Inc.: Product offerings
14.1.8 Mewah International Inc.
Table 372 Mewah International Inc.: Business Overview
Figure 58 Mewah International Inc.: Company Snapshot
Table 373 Mewah International Inc.: Product offerings
14.1.9 Cargill, Incorporated
Table 374 Cargill, Incorporated: Business Overview
Table 375 Cargill, Incorporated: Product offerings
Table 376 Cargill, Incorporated: Deals
Table 377 Cargill, Incorporated: Others
14.1.10 Richardson International Limited
Table 378 Richardson International Limited: Business Overview
Table 379 Richardson International Limited: Product offerings
Table 380 Richardson International Limited: Deals
14.1.11 International Foodstuff Company Holdings Limited (Iffco)
Table 381 International Foodstuff Company Limited: Business Overview
Table 382 International Foodstuff Company Limited: Product offerings
14.2 Other Players
14.2.1 Goodhope Asia Holdings Ltd.
Table 383 Goodhope Asia Holdings Ltd.: Business Overview
Table 384 Goodhope Asia Holdings Ltd.: Product offerings
14.2.2 Vega Foods
14.2.3 Welch, Holme & Clark Co., Inc.
14.2.4 Oleo Fats, Inc.
14.2.5 CSM Ingredients
14.2.6 AAK International
14.2.7 Fuji Oil Co., Ltd.
14.2.8 Gemini Edibles & Fats India Pvt. Ltd.
14.2.9 K S Oils
*Details on Business overview, Products offered, Recent Developments, Mnm view might not be captured in case of unlisted companies.
15 Adjacent Markets
15.1 Introduction
15.2 Limitations
15.3 Specialty Fats & Oils Market
15.3.1 Market Definition
15.3.2 Market Overview
Table 385 Specialty Fats & Oils Market Size, by form, 2016-2019 (USD Million)
Table 386 Specialty Fats & Oils Market Size, by form, 2020-2026 (USD Million)
15.4 Industrial Oils Market
15.4.1 Market Definition
15.4.2 Market Overview
Table 387 Industrial Oils Market Size, by Type, 2017-2025 (USD Billion)
16 Appendix
16.1 Discussion Guide
16.2 Knowledge Store: The Subscription Portal
16.3 Available Customizations
16.4 Related Reports
16.5 Author Details
Note: Product cover images may vary from those shown
  • AAK International
  • Ajinomoto Co., Inc.
  • Archer Daniels Midland Company
  • Associated British Foods Plc
  • Bunge Limited
  • CSM Ingredients
  • Cargill, Incorporated
  • Fuji Oil Co., Ltd.
  • Gemini Edibles & Fats India Pvt. Ltd.
  • Goodhope Asia Holdings Ltd.
  • International Foodstuff Company Holdings Limited (IFFCO)
  • K S Oils
  • Mewah International Inc.
  • Oleo Fats, Inc.
  • Richardson International Limited
  • Unilever Plc
  • United Plantations Berhad
  • Vega Foods
  • Welch, Holme & Clark Co., Inc.
  • Wilmar International Limited
Note: Product cover images may vary from those shown

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