The Cooking Oil Market Report is Segmented by Product Type (Palm Oil, Soybean Oil, Rapeseed/Canola Oil, and More), Processing Type (Refined, and Unrefined), End User (Food Processing, Foodservice/HoReCa, and Retail), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

According to Cognitive Market Research, the global Cooking Oil market size will be USD 209241.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 4.20% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 77419.36 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 60680.04 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 50217.96 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 7951.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 8369.66 million in 2025. and will grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 4603.31 million in 2025. and will grow at a compound annual growth rate (CAGR) of 4.5% from 2025 to 2033.
Sunflower Oil category is the fastest growing segment of the Cooking Oil industry

Market Dynamics of Cooking Oil Market

Key Drivers for Cooking Oil Market

Increasing demand for processed foods drives the market

Processed foods such as ready-to-eat meals, snacks baked goods, frozen products and instant meals require significant amount of cooking oils in various stages of preparation, including frying, baking and flavoring. With the rise of urbanization and changing lifestyles, consumers are shifting towards convenience and packaged food, leading to a surge in demand. As a result, processed food manufacturers scale up production thereby increasing the consumption of edible oils. Processed food also require extended shelf life and cooking oil act like stabilizers and prevent spoilage.

Rise in Fast Food & Restaurant Chains to Boost Market Growth

The market for cooking oil is growing at a large rate due to the quick expansion of fast-food restaurants and chains. The demand for high-heat stable oils such as palm, soybean, and canola oil has increased due to the growing popularity of casual dining, quick-service restaurants (QSRs), and meal delivery services. Large amounts of cooking oil are needed to make fast food items like French fries, fried chicken, and snacks, which drives industry growth. Convenient, ready-to-eat meals are becoming more popular among consumers due to factors like urbanization, shifting lifestyles, and more disposable money. Long-term growth in cooking oil consumption is ensured by the expansion of local restaurants and international fast-food franchises in emerging countries in the Middle East and Asia-Pacific.

Restraint Factor for the Cooking Oil Market

Fluctuating Raw Material Prices Will Limit Market Growth

The market for cooking oil is severely hampered by fluctuating raw material prices, which have an impact on both production costs and final consumer pricing. Important oilseeds, including palm, soybean, sunflower, and rapeseed, are extremely susceptible to changes in the climate, trade rules, and geopolitical unrest, which can cause erratic price fluctuations. Volatility is further increased by severe weather, supply chain interruptions, and export prohibitions from important producing nations like Argentina, Malaysia, and Indonesia. Overall pricing is also impacted by growing labour, transportation, and fertilizer costs. Particularly in price-sensitive sectors, these swings pose problems for manufacturers' profitability and customers' affordability. In order to preserve stability in the cutthroat cooking oil market, companies must continuously modify their pricing tactics.

Market Trends in Cooking Oil Market

Growing Demand for Healthier Oils

The growing demand for healthy, premium and sustainably sourced oils, driven by the increasing consumer health-consciousness presents a significant opportunity in the global cooking oils market. As consumers grow more aware of their diets, there is a shift in market towards oils that offer added health benefits. This results in a surge in demand for oils such ...

Cooking Oil Market size was valued at USD 172.50 billion in 2021 and is predicted to reach USD 263.05 billion by 2030.

Discover the latest trends and insights into the booming global edible oil market, projected to reach [estimated 2033 market size in USD or other relevant currency] by 2033. Explore market size, CAGR, key players (Wilmar, Bunge, ADM, etc.), regional breakdowns, and future growth opportunities in this comprehensive analysis.

The Used Cooking Oil Market Report is Segmented by Source (HoReCa, Household Kitchens, and Food Processing Plants), by End Use (Biodiesel and HVO, Oleo-Chemicals, Animal Feed, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Unpack the essentials of size and demand trends in the USA Edible Oil Market valued at USD 7.90 billion, with strategic forecast insights to 2028.

Used Cooking Oil Market size is expected to be worth around USD 14.1 billion by 2033, from USD 7.3 billion in 2023, growing at a CAGR of 6.8%

The Cooking Oil Market size was valued at USD 204550 Million in 2023 and is projected to reach USD 369200 Million by 2032, exhibiting a CAGR of 5.60 % during the forecast periods. Recent developments include: March 2022: Alfa Laval acquired Desmet, a well-known player in the engineering and supply of processing facilities and technologies for the edible oil and biofuel sectors. Desmet was a division of the Desmet Ballestra Group. The acquisition strengthened Alfa Laval's position in the field of renewable energy and helped the company expand its range of edible oils., November 2021: Cargill acquired an edible oil refinery located in Nellore in Andhra Pradesh. Cargill's investment to acquire and upgrade the facility will significantly expand its edible oil production capacity and footprint in southern India and strengthen its existing supply chain to meet growing customer demand., November 2021: To build the new facility in the HoogTij industrial district of the Port of Amsterdam, Bunge announced its plans to invest more than EUR 300 million (USD 343 million) for the expansion project. According to the company, it was a crucial step in leveraging Bunge's asset footprint in Europe and was expected to help the company achieve more operational flexibility and efficiency. With the help of the new facility, the company aims to offer a wider range of cutting-edge culinary oils and fats made from sustainably harvested plants, better positioning its brand to satisfy growing consumer demand.. Key drivers for this market are: Rising Incidence of Obesity and Cadiovascular Diseases, Growing Trend of Veganism Drives the Market. Potential restraints include: Associated Allergies With Plant Proteins. Notable trends are: Palm Oil Emerges as the Most Consumed Oil.

Discover the latest insights on the booming global edible oil market, projected to reach $127.2 billion by 2033 with a 3.1% CAGR. Explore market drivers, restraints, key players like Cargill and ADM, and regional trends impacting this vital industry.

Global Cooking Oil market size earned around $244.92 Billion in 2023 and is expected to reach $554.32 Billion by 2032, with a projected CAGR of 9.50%.

The Global Vegetable Oil Market is Segmented by Product Type (Palm Oil, Soybean Oil, and More), Nature (Conventional and Organic), Packaging (Bottle, Pouches, and More), Distribution Channel (HoReCa/Foodservice and Retail) and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The global cooking oil market size is projected to grow from USD 19.34 billion in 2025 to USD 30.13 billion by 2033, exhibiting a CAGR of 5.7%.
Report Scope:

Discover the booming frying oil market trends and forecasts to 2033. This comprehensive analysis covers market size, CAGR, key players (Cargill, ADM, Bunge), regional insights, and emerging trends like healthy oil options and sustainable sourcing. Learn how this $50 billion market is evolving.

This statistic shows the global consumption of vegetable oils from 2013/14 to 2024/25. In 2024/25, sunflower seed oil consumption was forecast to be at over 20.27 million metric tons worldwide. Global vegetable oil production amounted to around 228 million metric tons in that same period. Vegetable oils Vegetable oils are oils or fats extracted from a plant. Their texture can be described as liquid, oily and fatty. Most vegetable oils are able to fulfill two functions: they can either be used as cooking oil or for fuel and diesel production. The most common oil types include palm oil, soybean oil, canola oil and sunflowerseed oil. Palm oil is extracted from the flesh of the palm fruit, which is primarily found in the tropical climate of Africa, South America and South East Asia. It is estimated that about 90 percent of palm oil is used for food consumption, whereas industrial consumption such as cosmetic products or fuel and diesel claim the remaining 10 percent. In terms of consumption as a food product, vegetable oils are seen as the healthier alternative as they contain more unsaturated fatty acids than animal fats. One of the most widely used cooking oils is canola oil, also known as rapeseed oil. It is obtained by extraction from the rapeseed, which is first slightly heated and then crushed. Rapeseed oil, in particular, is seen to have the advantages of containing a higher amount of omega-3 (linolenic acid) and omega-6 (linoleic) fatty acids and to be low in saturated fatty acids.

The size of the Europe Cooking Oil Industry market was valued at USD 32.99 Million in 2023 and is projected to reach USD 43.79 Million by 2032, with an expected CAGR of 4.13% during the forecast period. The cooking oil sector in Europe involves the manufacturing and delivery of different oils utilized for cooking, frying, and processing food. This market consists of various types of vegetable oils such as sunflower, canola, olive, and palm oil, in addition to specialty oils like avocado and grapeseed oil. The increasing popularity of convenience and processed foods is fueling the industry, leading to a high need for cooking oil. Important sections consist of residential, commercial, and industrial applications. Consumers are choosing oils high in unsaturated fats as health consciousness grows, leading to market expansion. Nonetheless, the sector encounters obstacles like strict environmental rules and varying costs of raw materials. Advances in more sustainable and healthier techniques for producing oil are becoming increasingly popular. Regional dietary preferences and the popularity of Mediterranean cuisine impact the market, increasing the demand for olive oil. Even with obstacles, the Europe Cooking Oil Industry is expected to have a continuous growth, thanks to continual investments in manufacturing technologies and the launch of new, health-focused products. Recent developments include: In 2021, Bunge Loders Croklaan expanded its oils and fats portfolio to meet organic demand in Europe, offering a steady and scalable supply of organic oils and fats, ranging from sunflower, rapeseed, and soy to palm, shea, and coconut., In 2021, Archer Daniels Midland Company expanded in vegetable oil to meet green diesel demand. Vegetable oils will be a key faeedstock to meet that growing demand.. Key drivers for this market are: Wide Applications and Functionality, Demand For Gluten-Free Products. Potential restraints include: Easy Availability of Economically Feasible Alternatives. Notable trends are: Supportive Policies on Vegetable Oil Usage in the Region.

The production volume of vegetable oil in the 2024/25 crop year exceeded *** million metric tons worldwide. Among the major categories of vegetable oil, palm oil had the highest volume of production, at ***** million metric tons in that time period. Palm Oil Production Palm oil is a common oil in consumer products and processed foods. It is produced by harvesting palm fruit from the oil palm tree and extracting the oil from the fruit. Palm oil stands out from other types of oil because the yield is very high for a relatively small area of land use. The global production volume of palm oil has risen steadily over the last several years, and there is a large and active export market for palm oil. The leading exporters of palm oil worldwide were Indonesia and Malaysia. Consumption of Soybean Oil in the United States In the United States, soybean oil is the most consumed type of edible oil. It is often found in fried foods, canned fish, salad dressing, and margarine. Americans consumed some **** million metric tons of soybean oil in 2022, over three times more than the second most consumed type of oil, canola oil.

Discover the booming edible oils market! Our comprehensive analysis reveals a $250 billion USD market in 2025, growing at a 5% CAGR. Explore key trends, drivers, restraints, and leading companies shaping this dynamic sector. Get insights into regional market shares and future projections for vegetable & animal-based oils.

Discover the booming cooking oils & fats market! This in-depth analysis reveals a $200B market (2025) projected to reach $280B by 2033, driven by healthy eating trends and global demand. Explore key players, regional insights, and future market forecasts.

Discover the booming packed edible vegetable oil market! This in-depth analysis reveals key trends, growth drivers, leading companies (Cargill, ADM, Bunge), and market projections through 2033. Learn about regional variations and investment opportunities in this lucrative sector.

The global cooking oil market size is forecast to rise from USD 189.17 billion in 2025 to USD 335.59 billion by 2035, advancing at a CAGR above 5.9%. Top players shaping the industry include Cargill, Wilmar International, Bunge, ADM, Olam, recognized for their significant market presence.