Cooking Oil Market - Global Forecast 2025-2032

The global cooking oil market is experiencing strong momentum, evolving rapidly as consumer health, sustainability, and regulatory drivers reshape sourcing, supply, and innovation strategies across all major segments.

Market Snapshot: Cooking Oil Market Growth and Dynamics

The Cooking Oil Market grew from USD 183.21 billion in 2024 to USD 195.11 billion in 2025. It is expected to continue growing at a CAGR of 6.93%, reaching USD 313.16 billion by 2032. This expansion is fueled by demographic changes, urbanization, rising disposable incomes, and the adoption of advanced extraction technologies. As the industry adjusts to changing consumer preferences and supply chain pressures, competitive positioning now depends on balancing operational efficiency with agility and sustainability commitments.

Scope & Segmentation

This report delivers a comprehensive analysis of the cooking oil sector, offering a granular view of emerging market segments, regional trends, and the technologies influencing production, packaging, and distribution:

• Product Types: Canola Oil, Olive Oil, Palm Oil, Peanut Oil, Soybean Oil, Sunflower Oil
• Nature: Refined, Unrefined
• Extraction Methods: Mechanical Extraction, Solvent Extraction
• Packaging: Glass Bottle, PET Bottle, Jars & Cans, Pouches, Tin
• End Users: Food Processing Industry (including Frozen Foods, RTE Meals, Snack Foods), Foodservice (Cafés, Hotels, Restaurants), Household, Industrial (Biofuel Production, Lubricants)
• Distribution Channels: Convenience Store, Supermarket Hypermarket, Wholesale Distribution, Company Websites, eCommerce Platforms
• Regional Coverage: Americas (United States, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland, United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel, South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan)
• Key Companies: AHG Specialty Oils LLC, American Vegetable Oils, Inc., Archer Daniels Midland Company, Associated British Foods plc, Bertolli Holding S.r.l., Bunge Limited, Cargill, Incorporated, Catania-Spagna Corporation, Conagra Brands, Inc., Cortes Hermanos S.A., Gallo Worldwide, Lda., Golden Agri-Resources Ltd, IOI Corporation Berhad, Kimia Gharb Gostar Company, Kuala Lumpur Kepong Berhad, La Tourangelle, Inc., Marico Limited, Olam International Limited, Pioneer Foods Group Limited, Princes Group Ltd., Sime Darby Plantation Berhad, Sovena Group, S.A., The J. M. Smucker Company, Wilmar International Limited

Key Takeaways for Senior Decision-Makers

• Rapidly shifting consumer preferences are driving strong demand for healthier, clean-label, and specialty oils, compelling producers to innovate with high-oleic and cold-pressed formulations.
• Environmental sustainability and transparent traceability have become procurement imperatives, prompting investments in certification schemes and responsible sourcing practices across the value chain.
• Expansion of digital retail infrastructure and emergence of direct-to-consumer models reshape both online and offline distribution, challenging traditional retail strategies.
• Technological advancements in extraction, such as energy-efficient mechanical techniques and enzymatic treatment, improve product quality and unlock new market segments.
• Leading companies are prioritizing strategic partnerships and traceability systems, leveraging blockchain and robust audit protocols to respond to evolving regulatory and competitive pressures.
• Segment dynamics warrant close monitoring, with end-user requirements, packaging formats, and channel preferences varying significantly by region and market maturity.

Tariff Impact: Adapting to US Policy Changes

Recent United States tariff measures targeting key cooking oils have disrupted established trade flows and supplier relationships. These policies are prompting both exporters and domestic refiners to recalibrate sourcing strategies, prioritize local production, and strengthen logistics efficiency. Importers, distributors, and industry leaders now operate in a market landscape where cost management and risk mitigation are essential for maintaining margins and supply chain resilience.

Methodology & Data Sources

This report’s findings are grounded in a robust methodology combining primary interviews with senior executives, systematic analysis of secondary trade, regulatory, and certification data, and qualitative workshops with industry experts. Cross-referencing multiple data streams ensured accuracy and comprehensive insights into both current trends and underlying drivers.

Why This Report Matters

• Gain actionable intelligence on technology adoption, regulatory responses, and sustainable sourcing tailored for executive planning.
• Identify region-specific opportunities and risks through deep dives across Americas, EMEA, and Asia-Pacific territories.
• Benchmark strategies of industry leaders who have achieved market differentiation by innovating in extraction, partnerships, and brand positioning.

Conclusion

The cooking oil market landscape continues to shift, with resilience, innovation, and sustainability defining industry leadership. Proactive decision-making and a nuanced understanding of segmentation enable organizations to capture value and navigate evolving global challenges.