Oil & Fat Production in the UK - Market Analysis Report 2015-2030

Industry revenue is expected to grow at a compound annual rate of 1% over the five years through 2022-23 to £1.2 billion. The price of inputs have a major influence on the performance of oil producers, as well as demand conditions. Falling input prices over the three years through 2019-20 had a knock-on effect on industry revenue, which declined over the three years through 2020-21. However, rising prices since the COVID-19 outbreak in March 2020 is has caused rapid growth, including 6.4% in the 2022-23.

Industry operators process oils and manufacture crude and refined vegetable oils. They also manufacture non-edible animal oils and fats, extract fish oils and process the residual products of oil production. The industry does not cover rendering and refining lard and other edible animal fats, manufacturing margarine and corn oil or manufacturing essential oils.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.