The price of edible crude oil is determined by factors such as global demand, geopolitical events, economic conditions, and oil market dynamics. This article explores the impact of factors like availability and production of oilseeds, global demand, geopolitical events, and overall oil market dynamics on the price of edible crude oil.

Sunflower Oil rose to 1,426.40 INR/10 kg on December 2, 2025, up 0.68% from the previous day. Over the past month, Sunflower Oil's price has risen 0.79%, and is up 8.44% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Sunflower Oil.

The price per unit in the 'Edible Oils' segment of the food market worldwide was modeled to stand at **** U.S. dollars in 2024. Following a continuous upward trend, the price per unit has risen by *** U.S. dollars since 2018. Between 2024 and 2030, the price per unit will rise by **** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Edible Oils.

Palm Oil rose to 4,134 MYR/T on December 2, 2025, up 1.00% from the previous day. Over the past month, Palm Oil's price has risen 0.46%, but it is still 18.56% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on December of 2025.

Get the latest insights on price movement and trend analysis of Crude Sunflower Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Oils Price Index in World increased to 169.40 Index Points in October from 167.90 Index Points in September of 2025. This dataset includes a chart with historical data for World Oils Price Index.

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Edible Oil Market Size 2025-2029

The edible oil market size is forecast to increase by USD 18.37 billion, at a CAGR of 3.4% between 2024 and 2029.

The market is driven by the surging demand for trans-fat-free oils due to growing health consciousness among consumers. This trend is fueled by increasing awareness regarding the harmful effects of trans fats on human health. Furthermore, advancements in agriculture technology have enabled the production of high-quality, healthy oils, providing opportunities for market growth. However, the market faces distribution challenges that hinder its expansion. The complex supply chain and logistical issues in transporting edible oils from production sites to consumers in various regions create hurdles for market participants.
Companies must navigate these challenges by implementing robust logistics strategies and collaborating with reliable partners to ensure the timely and efficient delivery of their products. By addressing these challenges and catering to the evolving consumer preferences, market players can capitalize on the growing demand for healthier edible oil options and strengthen their market position. Consumer preferences for healthier alternatives, such as olive oil, are driving demand for alternative oils

What will be the Size of the Edible Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, shaped by dynamic market forces and shifting consumer preferences. Unsaturated fats, such as monounsaturated and polyunsaturated fatty acids, have gained prominence in food processing due to their health benefits. Cold-pressed oils, like olive and avocado, with their desirable nutritional profiles and high omega-3 and omega-6 fatty acid content, have gained popularity in various sectors. The fatty acid profile of oils, including rapeseed, sunflower, safflower, and canola, influences their applications in food processing and dietary guidelines. Smoke point and peroxide value are crucial factors in determining the suitability of oils for cooking applications. Linseed oil, with its high polyunsaturated fat content and low smoke point, is often used in non-cooking applications.

Price volatility, driven by factors like supply chain disruptions and government regulations, impacts the market. Organic and unrefined oils, with their perceived health benefits and higher production costs, command premium prices. Oxidation stability and moisture content are essential considerations for maintaining the quality and shelf life of edible oils. Sustainability concerns, particularly in the palm oil sector, have led to increased scrutiny and regulations. Corn oil, peanut oil, and other vegetable oils are used extensively in salad dressings and food manufacturing. Labeling requirements and consumer preferences for trans-fat-free and low-saturated fat options continue to shape the market landscape. The market is a complex web of interconnected factors, from production methods like solvent extraction and expeller-pressed oil to consumer preferences and government regulations.

The ongoing unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptable in this ever-changing industry.

How is this Edible Oil Industry segmented?

The edible oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Retail
  Food service
  Food processor


Packaging

  Pouches
  Bottles
  Jars
  Cans


Type

  Palm oil
  Soybean oil
  Sunflower oil
  Mustard oil
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Russia
    UK


  APAC

    China
    India
    Indonesia
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The Retail segment is estimated to witness significant growth during the forecast period. The market encompasses various types of oils, including unsaturated ones like rapeseed, sunflower, safflower, olive, and avocado, which provide healthier alternatives to saturated fats. The futures market plays a significant role in price determination, influencing the supply chain. Trans fats, however, are a concern due to their adverse health effects, leading to increased focus on omega-6 and omega-3 fatty acids. Cholesterol content is a critical consideration, with olive, canola, and flaxseed oils offering heart-healthy benefits. Food processing techniques, such as cold-pressing, expeller-pressing, and solvent extraction, impact the oil's nutritional value, smoke point, and oxidation stability. Consumer preferences prioritize monounsatura

The Wholesale Price Index of edible oils across India during financial year 2024 was ***. An overall increase in the price index was seen over the years from financial year 2013 till 2022 in the country. Edible oils refers to vegetable and animal oils and fats.

The price per unit in the 'Edible Oils' segment of the food market in Ethiopia was modeled to stand at **** U.S. dollars in 2024. Between 2018 and 2024, the price per unit rose by **** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The price per unit will steadily rise by **** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Edible Oils.

According to Cognitive Market Research, the global fortified edible oil market size was USD 11958.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 4783.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3587.46 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2750.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 597.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 239.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
The vitamin A category is the fastest growing segment of the fortified edible oil industry

Market Dynamics of Fortified Edible Oil Market

Key Drivers for Fortified Edible Oil Market

Increasing Consumer Awareness of Nutrition and Health Benefits to Boost Market Growth

Increasing consumer awareness of nutrition and health benefits is a key driver in the fortified edible oil market. As consumers become more health-conscious, demand for products enriched with essential vitamins (such as A, D, and E) grows, particularly in addressing nutritional deficiencies. Governments and health organizations promote fortified oils to combat malnutrition, especially in developing regions. This trend, along with rising disposable incomes and education on healthier food choices, is expanding the market, as fortified oils offer an easy, accessible way to improve daily nutrient intake.

Rise in Demand for Functional Foods with Added Health Benefits to Drive Market Growth

The rising demand for functional foods with added health benefits is significantly driving the fortified edible oil market. Consumers are increasingly seeking oils enriched with essential vitamins, minerals, and antioxidants to enhance their nutritional intake and support overall health. This trend is fueled by growing health awareness and the desire to prevent nutritional deficiencies. Manufacturers are responding by developing fortified oils such as vitamin A-enriched palm oil and omega-3-enhanced soybean oil. Consequently, the increased preference for functional foods is expanding market opportunities, fostering innovation, and accelerating growth in the fortified edible oil sector.

Restraint Factor for the Fortified Edible Oil Market

High Cost of Production Will Limit Market Growth

The high cost of production is a significant restraint in the fortified edible oil market. Fortification involves adding essential vitamins and minerals, such as vitamins A, D, and E, which increases manufacturing expenses. The need for specialized equipment and processes to ensure nutrient stability further elevates costs. These added expenses often result in higher product prices, making fortified oils less accessible in price-sensitive or low-income markets. Additionally, the increased production costs can discourage manufacturers, limiting the overall market growth and adoption, particularly in developing regions.

Impact of Covid-19 on the Fortified Edible Oil Market

The COVID-19 pandemic impacted the fortified edible oil market in multiple ways. Disruptions in global supply chains caused delays in raw material procurement and fortification processes, while lockdowns affected production and distribution. However, increased consumer awareness of health and nutrition during the pandemic boosted demand for fortified products, including edible oils. Governments and NGOs also promoted fortified oils to address nutritional deficiencies exacerbated by the pandemic. Despite supply challenges, the pandemic accelerated the adoption of fortified oils as consumers prioritized immunity-boosting and nutrient-rich foods. Introduction of the Fortified Edible Oil Market

Fortified edible oil is regular cooking oil enriched with essential vitamins and minerals, such as vitamins A, D, and E, to improve nutritional val...

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Sunflower Oil Market Size 2025-2029

The sunflower oil market size is valued to increase by USD 6.33 billion, at a CAGR of 5.6% from 2024 to 2029. Growing use of sunflower oil for biodiesel production will drive the sunflower oil market.

Market Insights

Europe dominated the market and accounted for a 38% growth during the 2025-2029.
By Application - Food segment was valued at USD 15.14 billion in 2023
By Distribution Channel - Supermarkets segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 64.39 million 
Market Future Opportunities 2024: USD 6334.80 million
CAGR from 2024 to 2029 : 5.6%

Market Summary

Sunflower oil, derived from sunflower seeds, holds a significant position in the global edible oils market due to its versatile applications and health benefits. The oil is rich in monounsaturated and polyunsaturated fatty acids, making it a popular choice for cooking and industrial uses. One of the notable trends in the market is its increasing utilization in biodiesel production, owing to its renewable and eco-friendly properties. Moreover, the sunflower oil industry has witnessed the introduction of innovative packaging solutions to maintain product quality and extend shelf life. For instance, the use of airtight containers and modified atmospheric packaging has gained popularity to prevent oxidation and preserve the nutritional value of the oil. Despite the market's growth potential, sunflower oil faces competition from other edible oils such as soybean, palm, and olive oil. Producers must focus on operational efficiency and supply chain optimization to maintain competitiveness. For example, implementing lean manufacturing practices, optimizing logistics networks, and adhering to stringent quality standards can help businesses stay competitive and meet the evolving demands of consumers. Furthermore, regulatory compliance plays a crucial role in the market. Producers must adhere to various food safety and labeling regulations to ensure consumer safety and trust. This includes adhering to regulations related to the use of genetically modified organisms (GMOs) in sunflower oil production, which can be a challenge for some producers. In conclusion, the market is driven by factors such as its health benefits, growing use in biodiesel production, and the introduction of innovative packaging solutions. However, competition from other edible oils and the need for operational efficiency and regulatory compliance pose challenges for producers.

What will be the size of the Sunflower Oil Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleSunflower oil, derived from sunflower seeds, is a popular edible vegetable oil widely used in the food industry and as a fuel component. The market is a dynamic and evolving sector, with key players continually innovating to meet consumer demands and regulatory requirements. One significant trend in the market is the increasing focus on sustainability and health. For instance, companies are investing in seed pre-treatment techniques to improve oil extraction rates and reduce the need for solvent recovery and color removal. Additionally, there is a growing emphasis on energy efficiency measures, such as mass spectrometry and gas chromatography, during the refining process. Another crucial area of development is wastewater treatment and byproduct utilization. According to industry data, sunflower oil production generates substantial wastewater, making efficient treatment methods essential. Furthermore, the meal protein content in sunflower oilseed residue is a valuable resource, with potential applications in animal feed and food industries. Process automation and supply chain management are also vital aspects of the market. Companies are implementing advanced technologies, such as filtration membranes and centrifugal separation, to streamline production and ensure product consistency. Moreover, effective supply chain management is crucial for maintaining a steady flow of raw materials and finished products to meet market demands. In conclusion, the market is a dynamic and innovative sector, with companies continually focusing on sustainability, health, and efficiency to meet evolving consumer demands and regulatory requirements. By implementing advanced technologies and optimizing production processes, companies can improve oil extraction rates, reduce waste, and enhance product quality.

Unpacking the Sunflower Oil Market Landscape

Sunflower oil, derived from the seeds of sunflower plants, holds a significant position in the global edible oils market. Its oleic acid content, a monounsaturated fatty acid, contributes to its health benefits and desirable taste profile. Compared to other edible oils, sunflower oil exhibits a superior oxidation stability, redu

View monthly updates and historical trends for Soybean Oil Price (Any Origin). Source: World Bank. Track economic data with YCharts analytics.

Graph and download economic data for Producer Price Index by Industry: Fats and Oils Refining and Blending: Shortening and Cooking Oils (PCU3112253112252) from Dec 1981 to Aug 2025 about cooks, refined, fat, oil, PPI, industry, inflation, price index, indexes, price, and USA.

The global edible oils and fats market is a substantial and dynamic sector, experiencing consistent growth driven by several key factors. Rising global populations, particularly in developing economies, are increasing demand for calorie-rich foods, fueling consumption of edible oils. Changing dietary habits and the increasing adoption of convenience foods further contribute to market expansion. Health consciousness is also influencing the market, with a growing preference for healthier oils like olive oil and increasing awareness of the health implications of saturated fats. However, the market faces challenges such as fluctuating crude oil prices, which directly impact production costs, and concerns about sustainability and ethical sourcing practices in the agricultural sector. The market is segmented by various oil types (e.g., palm oil, soybean oil, sunflower oil), application (food processing, household consumption), and region. The competitive landscape includes both large multinational corporations and smaller regional players, with ongoing mergers and acquisitions shaping the industry's structure. Innovation in oil processing techniques, packaging solutions, and the development of functional oils further enhance the market's diversity and potential. The market's growth trajectory is projected to continue at a healthy pace, influenced by consistent population growth and shifting consumer preferences. Regional variations exist, with emerging economies experiencing higher growth rates compared to developed markets. Companies are focusing on strategies such as brand building, product diversification, and expanding distribution channels to maintain their market position. The emphasis on sustainable and ethical sourcing is becoming increasingly important, driven by consumer demand and regulatory pressures. Furthermore, companies are investing in research and development to explore new oil sources and improve oil extraction and refining methods to address the evolving needs of a health-conscious population and changing environmental considerations. This necessitates a proactive approach to sustainability and ethical sourcing across the entire supply chain.

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.

Edible Oils Market valued at USD 244.49 billion in 2025, is anticipated to reaching USD 341.97 billion by 2032, with a steady annual growth rate of 4.9%.

This statistic depicts the average annual prices for palm oil from 2014 through 2027*. In 2025, the average price for palm oil stood at 1,020 nominal U.S. dollars per metric ton.

China Agricultural Product Price: Wholesale: Edible Oil: Peanut Oil data was reported at 25.410 RMB/kg in 01 May 2020. This records an increase from the previous number of 25.310 RMB/kg for 24 Apr 2020. China Agricultural Product Price: Wholesale: Edible Oil: Peanut Oil data is updated daily, averaging 24.920 RMB/kg from Sep 2016 (Median) to 01 May 2020, with 189 observations. The data reached an all-time high of 25.410 RMB/kg in 01 May 2020 and a record low of 24.510 RMB/kg in 03 Nov 2017. China Agricultural Product Price: Wholesale: Edible Oil: Peanut Oil data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Price – Table CN.PA: Ministry of Commerce: Wholesale Price: Agricultural Product: Weekly.

The global edible oil and fats market, valued at $121.79 billion in 2025, is projected to experience significant growth over the forecast period (2025-2033). While the exact CAGR is not provided, considering the substantial market size and the presence of major players like Wilmar International, Cargill, and Archer Daniels Midland, a conservative estimate of 4-5% annual growth is reasonable, driven by several factors. Rising global population and increasing disposable incomes in developing economies are boosting demand for processed foods and cooking oils, fueling market expansion. Changing dietary habits, a shift towards convenience foods, and the growing popularity of bakery and confectionery products further contribute to market growth. The market is segmented by application (offline and online retail channels) and type (edible oils and edible fats). Online channels are expected to witness faster growth due to the increasing penetration of e-commerce and online grocery delivery services. The production of edible oils and fats is also directly influencing this market; innovations in sustainable production and processing techniques also influence the market growth. However, the market faces certain restraints. Fluctuations in crude oil prices, as edible oils are derived from oilseeds, directly impact production costs and market prices. Furthermore, growing health concerns related to high saturated fat intake are prompting consumers to opt for healthier alternatives like olive oil and other unsaturated fats, posing a challenge to the overall market growth. To overcome these challenges, industry players are focusing on product diversification, introducing healthier options, and investing in sustainable and efficient production processes. Regional differences in consumption patterns and market maturity also influence the growth trajectory, with developing economies in Asia-Pacific expected to drive a substantial portion of future growth. The presence of established players alongside smaller regional companies contributes to a dynamic and competitive market landscape. Careful analysis of consumer preferences, evolving dietary trends, and sustainable production practices will be crucial for sustained success within this sector.

The size of the Africa Fats and Oil Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.49% during the forecast period. The Africa fats and oils market encompasses the production, processing, distribution, and consumption of edible fats and oils across the African continent. This market includes a diverse range of products derived from both vegetable and animal sources, such as palm oil, soybean oil, sunflower oil, canola oil, and animal fats. In Africa, palm oil is a dominant component due to its widespread cultivation in countries like Nigeria, Ghana, and Côte d'Ivoire, where it plays a crucial role in local diets and economies. Soybean oil and sunflower oil are also significant, driven by both domestic production and imports to meet the growing demand for edible oils. The market is influenced by factors such as population growth, urbanization, and changing dietary preferences, which increase the demand for processed and convenience foods. Additionally, the market is impacted by agricultural practices, trade policies, and economic conditions, which affect the supply chain and pricing of fats and oils. Regional variations exist within the market, with different countries focusing on specific oil types based on local agricultural resources and consumption habits. As the market evolves, stakeholders are focusing on enhancing production efficiency, sustainability, and meeting the diverse needs of a rapidly changing consumer base. Recent developments include: March 2023: Wilmar International Ltd (WILMAR) initiated the construction of an edible oil plant located in Richards Bay, KwaZulu-Natal, South Africa. This USD 81 million project encompasses the development of a fractionator, a shortening plant, and a packaging facility. Notably, this endeavor commenced in 2020., July 2022: Eni introduced the first vegetable oil production facility for biorefining in Kenya. This venture involved the establishment of an oilseed collection and pressing plant, which marked the inception of vegetable oil production for bio-refineries., June 2021: WA Group made a substantial investment of USD 114 million in a processing plant aimed at boosting edible oil production in Ethiopia. This strategic investment enabled the company to cease importing edible oils and, instead, focus on refining crude palm oil sourced from other countries, as well as processing locally cultivated oilseeds such as sesame seeds, peanut seeds, niger seeds, soya beans, and haricot beans.. Key drivers for this market are: Wide Applications of Oils and Fats in Different End-Use Industries, Government Initiatives and Key Players Adopting Innovative Market Expansion Strategies. Potential restraints include: Volatility in Imports and Supply Chain of Oils. Notable trends are: Wide Applications of Oils and Fats in Different End-Use Industries.