Stay updated with Market Research Intellect's Edible Oil By Product Market Report, valued at USD 100 billion in 2024, projected to reach USD 150 billion by 2033 with a CAGR of 5.0% (2026-2033).

Global Edible Oil By-Product market size 2025 was XX Million. Edible Oil By-Product Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Edible Oil By-Product Market Outlook

The global edible oil by-product market size was valued at approximately USD 15 billion in 2023 and is projected to reach USD 23 billion by 2032, registering a CAGR of around 4.8% during the forecast period. This robust growth is fueled by increasing demand in various application sectors including animal feed and biodiesel production. The market's expansion is largely attributed to the growing awareness of sustainable practices and maximizing resource utilization in the food and agro-industry sectors. As consumers and industries alike strive towards eco-friendly solutions, the utilization of these by-products as valuable resources instead of waste contributes significantly to the market's trajectory.

One of the primary growth factors driving the edible oil by-product market is the rising demand for sustainable and efficient animal feed solutions. Oilseed meals, a major by-product category, serve as a high-protein content feed component for livestock. The increasing global population and the consequent rise in meat consumption have intensified the demand for animal feed, thus pushing the need for oilseed meals. Furthermore, the heightened awareness regarding the benefits of protein-rich diets in animal husbandry practices fosters market growth. The livestock industry’s emphasis on optimizing feed conversion ratios and minimizing costs while maintaining nutritional quality aligns perfectly with the increased adoption of oilseed meals.

The biodiesel sector also plays a critical role in propelling the market. With the growing emphasis on reducing carbon emissions and transitioning to cleaner energy sources, biodiesel serves as an attractive alternative to fossil fuels. By-products such as soapstock and fatty acids are valuable inputs in biodiesel production. These components contribute to the cost-effectiveness and environmental sustainability of biodiesel manufacturing processes. As governments worldwide implement policies promoting renewable energy sources, the edible oil by-product market is set to witness accelerated growth, leveraging the demand from biodiesel manufacturers seeking economically viable feedstocks.

In the food and beverage industry, the application of by-products like lecithin illustrates another significant growth avenue. Lecithin is widely used as an emulsifier and stabilizer in a variety of food products, ranging from baked goods to confectioneries. The increasing consumer preference for natural and processed food products has spurred innovation and product development within this sector. With lecithin's functional and nutritional benefits gaining recognition, manufacturers are keenly investing in exploring new application opportunities, further fueling market growth.

Regionally, the Asia Pacific is anticipated to dominate the edible oil by-product market, driven by the extensive agricultural base and burgeoning food processing industries. Countries like India and China are at the forefront, with their rapidly expanding populations and corresponding food demands. Moreover, the region's strong focus on agricultural sustainability and waste reduction aligns with the market's growth trajectory. North America and Europe are also significant players, with established biodiesel industries and advanced animal husbandry practices contributing to steady market expansion. These regions are characterized by their emphasis on research and development, exploring innovative uses of by-products to enhance market potential.

Product Type Analysis

The edible oil by-product market is characterized by various product types, with oilseed meals being a prominent segment. Oilseed meals, derived from the crushing and extraction process of oilseeds, provide a rich source of protein and are extensively used in animal feeds. The rising demand for high-quality protein in livestock nutrition is propelling the growth of this segment. As livestock producers strive to enhance feed efficiency and improve animal health, oilseed meals offer a cost-effective solution. The segment's growth is further bolstered by advances in processing technologies that enhance the nutritional profile and digestibility of these meals.

Lecithin, another key product type, finds diverse applications across industries. In the food and beverage sector, lecithin is valued for its emulsifying and stabilizing properties, making it a crucial ingredient in the production of bakery goods, chocolates, and dressings. Moreover, the growing trend toward natural and organic food products has increased the demand for lecithin derived from non-GMO

Edible Oil Market Outlook

According to our latest research, the global edible oil market size reached USD 234.1 billion in 2024, and is projected to grow at a CAGR of 5.1% from 2025 to 2033. By the end of 2033, the market is expected to attain a value of approximately USD 366.5 billion. This robust growth is primarily driven by rising health awareness, changing dietary habits, and increased demand for processed foods across emerging and developed economies. As per our latest findings, the edible oil market is witnessing significant transformation due to technological advancements in oil extraction and refining, as well as a growing focus on sustainability and traceability.

One of the primary growth factors for the edible oil market is the escalating global population, particularly in developing regions such as Asia Pacific and Africa. As populations expand, there is a corresponding surge in food consumption, especially staple foods that require edible oils for preparation. Urbanization has played a pivotal role in altering dietary patterns, leading to increased consumption of processed and convenience foods, which are major end-users of edible oils. Furthermore, rising disposable incomes have empowered consumers to opt for higher-quality oils, including premium and specialty oils such as olive and canola oil, which are perceived as healthier alternatives. This shift has created fresh opportunities for manufacturers to diversify their product portfolios and cater to evolving consumer preferences.

Health consciousness among consumers is another significant driver propelling the edible oil market's growth. With the rising prevalence of lifestyle-related diseases such as obesity, diabetes, and cardiovascular conditions, consumers are increasingly seeking healthier cooking oil options. This trend has led to the growing adoption of oils with low saturated fat content and high levels of unsaturated fatty acids, such as olive oil and canola oil. Product innovation, including the fortification of edible oils with vitamins and antioxidants, has further stimulated market expansion. Additionally, the promotion of non-GMO and organic edible oils is gaining traction, particularly in North America and Europe, where consumers are more aware of the health and environmental impacts of their food choices.

The edible oil market is also being shaped by technological advancements and sustainability initiatives. Innovations in oilseed processing, extraction, and refining techniques have enhanced oil yields and improved product quality, making edible oils more accessible and affordable. The industry is witnessing a shift towards sustainable sourcing and production practices, driven by both regulatory pressures and consumer demand for eco-friendly products. Companies are investing in traceability systems, sustainable palm oil certifications, and environmentally responsible packaging to strengthen their market position and appeal to ethically conscious consumers. These efforts are not only enhancing brand reputation but also ensuring long-term viability in an increasingly competitive marketplace.

Regionally, the Asia Pacific dominates the edible oil market, accounting for the largest share due to high consumption levels in countries like China, India, and Indonesia. The region's rapid urbanization, expanding middle class, and changing dietary habits are fueling demand for a diverse range of edible oils. North America and Europe are also significant markets, characterized by strong demand for premium and specialty oils, as well as a focus on health and sustainability. Meanwhile, Latin America and the Middle East & Africa are emerging as high-potential regions, supported by population growth, rising incomes, and increasing awareness of healthier dietary practices. Overall, the global edible oil market is poised for sustained growth, underpinned by demographic trends, technological innovation, and evolving consumer preferences.

Type Analysis

The edible oil market is segmented by type into palm oil, soy

The global edible oil co-product market is experiencing robust growth, driven by increasing demand from various sectors, including animal feed, soaps and detergents, and personal care products. The market's expansion is fueled by the rising global population, escalating consumer demand for processed foods, and the increasing adoption of sustainable and cost-effective ingredients across numerous industries. The liquid co-product segment currently dominates the market due to its versatility and ease of application in various processes. However, the solid co-product segment is projected to witness significant growth in the forecast period due to its cost-effectiveness and increasing technological advancements enabling efficient utilization in different applications. Geographically, the Asia-Pacific region, particularly China and India, holds a substantial market share, attributed to their large populations and burgeoning food processing industries. However, North America and Europe are also showing promising growth, driven by the increasing demand for sustainably sourced ingredients and rising awareness of eco-friendly products. Major players like Wilmar International and Cargill are actively engaged in expanding their production capacities and exploring new applications for edible oil co-products to capitalize on this market expansion. Competitive dynamics are characterized by intense competition among established players and the emergence of regional players who are investing in innovation and technology to enhance their product offerings. The market's growth, while positive, faces certain constraints including fluctuating raw material prices and regulatory hurdles related to environmental sustainability and food safety. The market is expected to maintain a healthy CAGR throughout the forecast period (2025-2033), spurred by continued advancements in technology, enabling more efficient extraction and utilization of co-products. Further growth is anticipated from innovations in value-added applications, driving demand for these cost-effective ingredients. The continuous evolution of consumer preferences towards healthier and more sustainable products will also positively impact market growth. Furthermore, the increasing focus on waste reduction and circular economy principles presents an opportunity for manufacturers to promote the benefits of utilizing edible oil co-products as a sustainable alternative to traditional ingredients. However, challenges remain in terms of standardization across various applications and ensuring consistent quality. Addressing these challenges will be critical in unlocking the full potential of this promising market. Strategic partnerships and collaborations between producers and end-users will play a crucial role in driving market growth and fostering innovation in this dynamic sector.

Explore the growth potential of Market Research Intellect's Edible Oil Co Product Market Report, valued at USD 200 billion in 2024, with a forecasted market size of USD 300 billion by 2033, growing at a CAGR of 5.0% from 2026 to 2033.

Explore Market Research Intellect's Edible Oil Co-Products And By-Products Market Report, valued at USD 45 billion in 2024, with a projected market growth to USD 70 billion by 2033, and a CAGR of 5.5% from 2026 to 2033.

The global edible oil by-product market is experiencing robust growth, driven by increasing demand for sustainable and cost-effective ingredients across various industries. The market, estimated at $50 billion in 2025, is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching approximately $80 billion by 2033. This expansion is fueled by several key factors. Firstly, the growing awareness of health and wellness is leading to increased consumption of products incorporating edible oil by-products, like lecithin and soapstock. Secondly, the food processing industry's demand for natural emulsifiers, stabilizers, and other functional ingredients is steadily increasing, creating a significant market opportunity for these by-products. Furthermore, the rising adoption of biofuels and biodiesel contributes to a larger market for certain edible oil by-products. Major players like Wilmar International, Cargill, and others are strategically investing in R&D and expanding their production capacities to meet the growing global demand. However, challenges remain. Fluctuations in crude oil prices directly influence the cost of production, impacting profitability. Moreover, regulatory changes concerning the use of edible oil by-products in various applications can pose obstacles to market growth. Despite these restraints, the long-term outlook for the edible oil by-product market remains positive, driven by innovation and the increasing adoption of sustainable practices across food and non-food sectors. The market segmentation reveals significant opportunities within specific by-product types, regional markets, and application areas, presenting further potential for growth and diversification for both established players and new entrants.

The report on Edible Oil Coproduct By-Product covers a summarized study of several factors supporting market growth, such as market size, market type, major regions, and end-user applications. The report enables customers to recognize key drivers that influence and govern the market.

Edible Oils Market was valued at $109.58 B in 2023, and is projected to reach $USD 193.14 B by 2032, at a CAGR of 6.50% from 2023 to 2032.

Edible Vegetable Oil Market Outlook

The global edible vegetable oil market size is expected to witness a robust growth with a Compound Annual Growth Rate (CAGR) of 4.2% from 2024 to 2032. In 2023, the market was valued at approximately USD 98.3 billion and is forecasted to reach around USD 143.5 billion by 2032. The increasing demand for plant-based and healthier cooking oils, alongside the rising global population, is one of the primary drivers of this growth.

One of the significant growth factors driving the edible vegetable oil market is the escalating awareness of health benefits associated with vegetable oils. Consumers are increasingly shifting away from animal fats towards healthier alternatives like olive oil and canola oil, which are rich in essential fatty acids and antioxidants. This shift is further fueled by the growing trend of veganism and plant-based diets, which encourages the consumption of vegetable oils over animal-derived fats.

The expanding food industry is another critical factor contributing to the growth of the edible vegetable oil market. With the increasing demand for bakery and confectionery products, processed snacks, and ready-to-eat meals, the requirement for various types of vegetable oils is on the rise. Vegetable oils are not only used as cooking mediums but also serve as essential ingredients in the manufacturing of numerous food products, thus driving their demand significantly.

The growth of the biofuel sector is also bolstering the edible vegetable oil market. As governments and organizations worldwide are pushing for greener and more sustainable energy sources, vegetable oils such as palm oil and soybean oil are being increasingly utilized in the production of biodiesel. This demand from the biofuel industry adds another layer of growth potential for the vegetable oil market, as it opens up a significant avenue for revenue generation beyond traditional food applications.

Edible Oils and Fats play a crucial role in both the culinary and industrial sectors, offering a range of applications that extend beyond traditional cooking. These oils and fats are integral to the production of various food products, providing essential nutrients and enhancing flavors. In addition to their culinary uses, edible oils and fats are also utilized in the cosmetic and pharmaceutical industries, where their moisturizing and therapeutic properties are highly valued. The versatility of these products makes them indispensable in numerous applications, contributing significantly to their demand and market growth.

Regionally, the Asia Pacific region is expected to dominate the market due to its vast population and increasing disposable incomes. Countries like China and India are witnessing rapid urbanization and changing dietary habits, which are contributing to the growing demand for vegetable oils. Additionally, the rising industrialization and expansion of the food processing sector in this region are further propelling market growth. Other regions such as North America and Europe are also expected to show substantial growth, driven by a strong focus on health and wellness trends.

Type Analysis

The edible vegetable oil market is segmented into various types, including palm oil, soybean oil, sunflower oil, olive oil, canola oil, coconut oil, and others. Palm oil holds a significant share in the market due to its extensive use in both the food and industrial sectors. It is favored for its high yield and low cost of production, making it a staple in many developing countries. However, environmental concerns and the push for sustainable practices are leading to more stringent regulations on its production.

Soybean oil is another major segment within the edible vegetable oil market. It is highly preferred due to its versatility and availability. The oil is extensively used in cooking and as an ingredient in processed foods. Additionally, soybean oil's role in the biofuel industry is growing, as it is a primary source for biodiesel production. This dual application in food and fuel sectors is expected to sustain its demand over the forecast period.

Sunflower oil is gaining popularity due to its health benefits and light taste, making it a preferred choice for cooking and salad dressings. Its high content of unsaturated fats and antioxidants makes it a healthier alternative to other oils. The rising consumer awareness about healthy eating habits and t

According to Cognitive Market Research, the global Edible Oil Coproducts by Products market size will be USD 170.9 million in 2025. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 63.23 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 49.56 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 41.02 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 6.49 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2025 to 2033.
Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 6.84 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2033.
Africa had a market share of around 2.2% of the global revenue and was estimated at a market size of USD 3.76 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2025 to 2033.
Shrink Films is the fastest growing segment of the Edible Oil Coproducts by Products industry

Market Dynamics of Edible Oil Coproducts by Products Market

Key Drivers for Edible Oil Coproducts by Products Market

Growing Food Processing Industry Is Expected To Boost Market Growth

The expansion of the global food processing industry is a significant driving factor for the edible oil coproducts/by-products market. As consumer demand for packaged, processed, and convenience foods continues to rise, so does the consumption of edible oils, which are essential ingredients in a wide range of food products. This increase in edible oil production results in a higher volume of coproducts such as oilseed meals, cakes, and hulls. These by-products are increasingly being repurposed and integrated into other sectors, such as food additives, flavor enhancers, and thickeners, adding value and reducing waste. The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), launched with an outlay of ?10,900 crore. This scheme aims to bolster the manufacturing of key food segments, including ready-to-eat foods, processed fruits and vegetables, marine products, and mozzarella cheese. By 2023, the industry had already invested ?7,427 crore under this scheme, underscoring its pivotal role in enhancing India's food processing capabilities.

https://www.pmindia.gov.in/en/news_updates/cabinet-approves-production-linked-incentive-scheme-for-food-processing-industry”/

Technological Advancements in Extraction Processes To Boost Market Growth

Technological advancements in oil extraction and processing methods have significantly enhanced the efficiency and profitability of edible oil production, thereby boosting the market for its coproducts and by-products. Modern extraction techniques, such as cold pressing, enzyme-assisted extraction, and supercritical CO? extraction, allow for the recovery of a greater quantity of high-quality oil, while simultaneously improving the yield and quality of by-products like oilseed meals, cakes, and hulls. These advanced methods minimize nutrient loss and reduce the degradation of valuable compounds, making the by-products more suitable for use in high-value applications such as food additives, cosmetics, and nutraceuticals. Furthermore, innovations in waste recovery and refining processes help manufacturers achieve sustainability goals by utilizing nearly every component of the raw material.

Restraint Factor for the Edible Oil Coproducts by Products Market

High Competition from Alternative Packaging Materials, Will Limit Market Growth

The edible oil coproducts/by-products market faces growing competition from alternative raw materials, which poses a significant challenge to its expansion. Industries that traditionally rely on edible oil by-products such as animal feed, biofuels, and cosmetics are increasingly exploring and adopting alternatives like algae-based oils, synthetic feed additives, and waste-derived biofuels. These substitutes often offer advantages in terms of cost-efficiency, scalability, or specific ...

Report of Edible Oil Co-Products and By-Products Market is covering the summarized study of several factors encouraging the growth of the market such as market size, market type, major regions and end user applications. By using the report customer can recognize the several drivers that impact and govern the market. The report is describing the several types of Edible Oil Co-Products and By-Products Industry. Factors that are playing the major role for growth of specific type of product category and factors that are motivating the status of the market.

The global edible oil co-products and by-products market is projected to expand at a CAGR of 2.8% from 2025 to 2033, reaching a market size of 172.7 million (USD). Key market drivers include increased demand for animal feed and personal care products, rising health consciousness, and technological advancements in oil processing. Additionally, growing awareness about the environmental impact of waste reduction is driving the utilization of co-products for various industrial applications. The market is segmented based on application, type, and region. Animal feed is the largest application segment due to its high demand in the livestock feed industry. Key market trends include the growing popularity of plant-based products, such as tocopherol and omega-3 fatty acids, as well as increased demand for sustainable and environmentally friendly products. North America and Europe are the dominant regional markets due to established food processing industries, while Asia Pacific is expected to exhibit significant growth potential due to increasing population and rising disposable income. Report Description This comprehensive report provides an in-depth analysis of the global edible oil co-products and by-products market, valued at $XX million in 2022 and projected to grow to $XX million by 20XX.

The Cooking Oil Market report segments the industry into By Product Type (Palm Oil, Rapeseed Oil, Sunflower Oil, Peanut Oil, Other Types), By Application (Bakery and Confectionery, Snack Foods, Salads and Cooking Oils, Margarine, Fillings, and Spreads, Other Applications), and By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa).

Edible Oil By-Product Market size was valued at USD 9.5 Bln (billion) in 2025 and the revenue is expected to grow at a CAGR of 6.9% from 2025 to 2032

Edible Oils and Fats Market Outlook

The global edible oils and fats market size was estimated at approximately USD 115 billion in 2023, and it is projected to reach USD 173 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.7% during the forecast period. This growth is primarily driven by the increasing demand for healthier cooking oils, rising awareness about dietary fats, and the expansion of food processing industries across the globe. As consumers become more health-conscious, there is a growing preference for oils that are low in saturated fats and enriched with omega-3 and omega-6 fatty acids, propelling the market forward.

One of the key growth factors in the edible oils and fats market is the rising consumer awareness regarding the health benefits associated with certain types of oils, such as olive and sunflower oil. These oils are rich in monounsaturated and polyunsaturated fats, which are known to support cardiovascular health. The increasing incidence of lifestyle-related diseases like obesity and heart disease has led consumers to seek healthier alternatives in their diets, thereby boosting the demand for premium oils. Additionally, the trend towards organic and non-GMO products is gaining traction, offering new avenues for market growth as manufacturers develop oils that meet these consumer preferences.

The growth of the food processing industry, particularly in emerging economies, is another significant factor contributing to market expansion. As urbanization continues and disposable incomes rise, there is a growing demand for processed and convenience foods, which in turn drives the consumption of edible oils and fats. These ingredients are crucial in food manufacturing processes, used in everything from baking to frying. Emerging markets in Asia Pacific and Latin America are witnessing robust growth in food processing sectors, further propelling the demand for edible oils and fats. Moreover, the expanding fast-food industry, which heavily relies on edible oils, is also a major driver of market growth.

Technological advancements in oil extraction and production processes are enhancing the quality and shelf life of edible oils and fats, thereby fueling market growth. Innovative processing techniques, such as cold pressing and refining, have improved the nutritional profile and taste of oils, making them more attractive to consumers. Moreover, sustainability is becoming a key focus area, with companies investing in eco-friendly packaging and waste reduction practices. These technological innovations not only cater to the environmentally conscious consumer but also help manufacturers reduce costs and enhance supply chain efficiency.

The role of Fats & Oils in the global food industry cannot be overstated. These components are not only essential for providing flavor and texture to food products but also play a crucial role in nutritional balance. Fats & Oils are vital for the absorption of fat-soluble vitamins and are a significant source of essential fatty acids, which the body cannot synthesize on its own. As the market evolves, there is a growing emphasis on the development of healthier fats and oils that cater to the dietary needs of modern consumers. This includes the production of oils with reduced levels of trans fats and the enhancement of nutritional profiles through fortification with omega fatty acids. The increasing consumer awareness about the health implications of different types of fats is driving innovation and diversification in this segment, leading to a more informed and health-conscious market.

The regional outlook for the edible oils and fats market indicates significant opportunities across diverse geographies. North America and Europe, with their mature markets, showcase a steady demand driven by health-conscious consumers and technological advancements in production processes. Conversely, the Asia Pacific region is anticipated to experience the highest growth rate due to its large population base, increasing disposable incomes, and burgeoning food processing industries. Countries like India and China are leading the charge in this region, with rising demand for both traditional and Western-style edible oils. Furthermore, the Middle East & Africa and Latin America are expected to witness moderate growth, as these regions gradually shift towards more processed and packaged foods.

Product Type Analysis

The edible oils and fats market is segmented into various product types, with vegetable oils

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Edible Oil Cans Market was valued at $220.88 B in 2023, and is projected to reach $USD 339.73 B by 2032, at a CAGR of 4.90% from 2023 to 2032.