Edible Oil Market to reach USD 204.25 Bn at a CAGR of 7.6 percent over the forecast period

Edible Oil Market to reach USD 204.25 Bn at a CAGR of 7.6 percent over the forecast period

“Edible Oils Market”
Edible Oil Market is segmented based on By Types, By Packaging Type ,By Distribution Channel. A bottom-up approach was used to estimate the Edible Oil Market size. The changing lifestyle, food taste, increasing numbers of working women, etc. are the factors increasing the demand for fast food across the world. , and manufacturing has driven the market growth.

Maximize Market Research, a global Food and Beverages  market research firm has published a market research report on the “Edible Oil Market”. The Edible Oil Market size was valued at USD 122.31 Bn in 2023. The total Edible Oil Market revenue is expected to grow at a CAGR of 7.6 percent from 2024 to 2030, reaching USD 204.25 Bn during the forecast period.

Edible OilMarket Report Scope and Research Methodology

Market Size in 2023: USD 122.31 Billion

Market Size in 2030: USD 204.25 Billion

CAGR: 7.6 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 223

No. of Tables: 135

No. of Charts and Figures: 189

Segment Covered: By Types, By Packaging Types, By Distribution Channel

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Edible OilMarket Scope and Research Methodology

The report provides a comprehensive examination of the Edible Oil Market, including a competitive analysis that highlights company profiles, financial performance, product portfolios, and strategic initiatives of leading players in the sector. It also explores critical insights such as primary factors driving market growth, challenges faced by participants, and opportunities for global expansion. Additionally, the report offers an in-depth assessment of market players’ investments geared towards growing their presence on the international stage, making it an essential resource for investors seeking valuable market insights.

The report examines segmentst including By Types, By Packagaing Types, By Distribution Channel. Data collection employed by Secondary research methods, with Primary research serving to validate findings from the Secondary research. The size of the Edible Oil Market was determined using a bottom-up approach for estimation.

Edible Oil Market Overview

Edible vegetable oils, comprising about 96% triglycerides of plant origin such as olive, palm, soybean, canola, and sunflower oil, contain various fatty acids. They also include compounds like free fatty acids, phospholipids, phytosterols, tocopherols, and other antioxidants or waxes. These oils are vital for nutrition, serving as an energy source, forming membrane structures, regulating body temperature, and insulating organs. The study detailed parameters of edible oils, including consumer preferences and safety regulations across different countries, providing a comprehensive overview of their nutritional and functional significance.

Edible Oil Market Dynamics

Growing demand for organic edible oil and rapid growth and growth in the food sector is  enhancing the growth of the edible oil market. Also, the emerging application of corn oil in industries is projected to provide immense market opportunities in the upcoming period. Canola oil is a healthier and cheaper alternative to olive oil because of its lowest fat content, around XX percent among all other type of edible oils. As a result of various benefits of edible oil, an increase in the demand for this oil ultimately drives the market growth. Frying is one of the most common methods of preparing meals and fast foods all around the world. Oil is used to fry food because it has the appropriate chemical composition for the right reactions to occur, resulting in delicious food. And hence, it growing the demand for the edible oil market. Globally, the consumption of fast food is increasing due to a multitude of reasons— lifestyles are evolving, the workforce sees a surge in female numbers and even food tastes are changing.

Edible Oil MarketRegional Analysis

Asia Pacific region  is expected to dominate the Edible Oil Market during the forecast period. China held the largest market share in 2023 India has the world’s fourth biggest vegetable oil economy, harvesting over 25 million tonnes of oilseeds annually. China is the world’s largest consumer of edible oil, followed by Europe.

However North America is expected to account significant growth because of  rising he changing lifestyle, food taste, increasing numbers of working women, etc. also increasing adoption of edible oil in the cosmetic and beauty product industry and the presence of major players in the US and Canada, etc.

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Edible Oil Market Segmentation

By Types

  • Palm Oil
  • Soyabean Oil
  • Mustard Oil
  • Sunflower Oil
  • Olive Oil
  • others

By Packaging Type

  • Pouches
  • Jars
  • Cans
  • Bottle

By Distribution Channel

  • Direct/Insitution
  • Supermarket
  • Convience Stores
  • Online
  • others

Edible OilMarketkey players include

North America

  • Adams Group
  • Conagra Brands
  • American Vegetable Oils, Inc.
  • Archer Daniels Midland Company
  • Bunge Limited


  • Borges Mediterranean Group
  • Huilerie Cauvin
  • Edible Oils UK

Asia Pacific    

  • Adani Group
  • Emami
  • Fuji Oil Holdings
  • Nisshin Oillio Group
  • Patanjali Foods Limited
  • PT Sinar Mas Agro Resources And Technology Tbk
  • Sime Darby Plantation Berhad
  • GrainCorp
  • Wilmar International Ltd
  • Ambar Protein Industries

Middle East & Africa

  • Nedan Oils
  • Southern Oil
  • Ajwa for Food Industries

South America

  • Promaíz
  • Louis Dreyfus Company
  • XX

Key questions answered in the Edible Oil Market are:

  • What are Edible Oil?
  • What was the Edible Oil Market size in 2024?
  • What is the expected Edible Oil Market size by 2030?
  • What is the demand pattern for the Edible Oil market?
  • Which region held the largest share in the Edible Oil market?
  • Who are the key players in the Edible Oil market?
  • What is the growth rate of the Edible Oil Market?
  • Which are the factors expected to drive the Edible Oil Market growth?
  • Which segment dominated the Edible Oil Marketgrowth?
  • Who is the largest key player in the Edible OilMarket Growth?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Product Type, Services, and Application.
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Food and Beverages  research firm, has also published the following reports:

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Ethiopia Spices MarketThe Market size was valued at 23.54 million Tons in 2023 and the total Ethiopia Spices Market revenue is expected to grow at a CAGR of 9.5 % from 2024 to 2030, reaching nearly 44.43 million Tons by 2030. Ethiopian cuisine has a collection of spices that help bring its unique flavor to the table. From fresh ginger to garam masala, Ethiopian dishes combine these flavorful herbs and spices to create some of the most exciting and delicious flavors in East African cooking. The foundation for all Ethiopian recipes lies within its diverse mix of herbs and spices. Common spices used in Ethiopian cuisine include ginger, turmeric, paprika, korerima, koseret, besobela, fenugreek seeds, rosemary, garlic, cumin, cloves, cinnamon, and timiz.

About Maximize Market Research:

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