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The Report Covers Cannabis Edible Manufacturers and the Market is Segmented by Product Type (Food and Beverage and Dietary Supplements), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Market Sizes and Values are Provided in (USD Million) During the Forecast Years for the Above Segments.
The revenue in the 'Edible Oils' segment of the food market in the United States was forecast to continuously increase between 2024 and 2029 by in total 1.4 billion U.S. dollars (+17.37 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 9.5 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Edible Oils' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the average price per unit (PPU) and volume. The Statista Market Insights cover a broad range of additional markets.
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According to the new edible oils and fats market analysis by Future Market Insights (FMI), sales of edible oils and fats are estimated to generate a total of US$ 121.90 billion in 2023. Between 2023 and 2033, the demand is expected to upsurge at a 6.4% CAGR, according to FMI. By 2033, the edible oils and fats market is anticipated to exceed US$ 226.68 billion.
Attributes | Details |
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Edible Oils and Fats Market Value (2023) | US$ 121.90 billion |
Edible Oils and Fats Market Expected Value (2033) | US$ 226.68 billion |
Edible Oils and Fats Market Projected CAGR (2023 to 2033) | 6.4% |
Outlook Scope of Edible Oils and Fats Market 2023 to 2033 Compared to 2016 to 2022
Attributes | Details |
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2016 | 78.96 billion |
2022 | 114.57 billion |
Attributes | Details |
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2022 | 114.57 billion |
2023 | 121.90 billion |
Cannabis-Infused Edible Products Market Size 2024-2028
The cannabis-infused edible products market size is projected to increase by USD 7.01 billion, at a CAGR of 20.04% between 2023 and 2028. The cannabis market is experiencing notable growth due to several key drivers. First, there is an increasing social acceptance of cannabis, which is shifting public perception and reducing stigma, leading to broader consumer acceptance and legalization in various regions. Additionally, the growing purchasing power of millennials in major cannabis markets is significantly contributing to market expansion. This demographic is not only more open to cannabis use but also has the financial means to invest in premium products. Furthermore, rising awareness about the health benefits of cannabis is driving consumer interest. As more people become informed about the potential therapeutic and wellness benefits of cannabis, demand for related products continues to rise. Together, these factors enhanced social acceptance, the economic influence of millennials, and growing health awareness are collectively propelling the cannabis market forward and fostering its development.
Market Overview
The market shows an Accelerated CAGR during the forecast period.
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Market Dynamics
The market is rapidly expanding with innovative offerings such as CAMU C Plus with Hemp, CAMU C CBD Shot, and various private-label brands. These products include infused drinks, gummies, and chocolate cookies/brownies, catering to diverse consumer preferences. Product innovation is at the forefront, with items like Camu camu extract and Gamma-aminobutyric acid enhancing functionality and flavor. In response to retail shelves demand, companies like Gfarmalabs and Sprig are introducing vitamin C beverages and white grape juice infused with cannabis compounds. Micro-dosing strategies and gummy consistent items offer controlled doses, addressing cancer-related symptoms and vomiting among users. The market also includes unique products like pizza and lollipops, broadening the appeal of cannabis-infused items. With rising consumer interest in vape pens and etrahydrocannabinol enhanced products, this segment is seeing significant growth and product innovation.
Key Market Driver
Growing awareness about the health benefits of cannabis is the key factor driving the growth of the market. Growing awareness of the potential health benefits of cannabis is one of the drivers of the market. Cannabis contains compounds called cannabinoids, such as tetrahydrocannabinol (THC) and cannabidiol (CBD), which have been found to have a variety of potential health benefits. For example, CBD has been shown to have anti-inflammatory and anti-anxiety properties, while THC has been used to treat pain and nausea in cancer patients.
In addition to the potential health benefits, there are also regulatory changes taking place around the world that are fueling the growth of the cannabis-infused food market. For example, several countries have recently legalized cannabis for medical or recreational use, opening new markets. Such factors are expected to drive the growth of the market during the forecast period.
Significant Market Trend
Advent of advanced cultivation methods for cannabis is the primary trend in the market. The incorporation of new technologies into cannabis cultivation has resulted in higher growth rates of the global legal cannabis market. These processes have been very helpful in raising the level of cannabis production while improving its quality. Cannabis is usually grown on a commercial scale in fully equipped laboratories with various facilities such as sanitized chambers and a controlled environment.
Advanced techniques such as Screen of Green (SCROF) and Sea of Green (SOG) have significantly improved production levels. These techniques use a nutrient-laden solution to produce cannabis that is rich in tetrahydrocannabinol (THC). The use of these techniques has also improved the quality of marijuana-derived CBD oil products. Such factors are expected to drive the growth of the market during the forecast period.
Major Market Challenge
Stigma and misconceptions about cannabis are a major challenge to the growth of the market. Cannabis is still illegal in many countries, and even in places where it is legal, there may be restrictions on its use and consumption. This can create the perception that cannabis is extremely dangerous or harmful, even when it is used for medicinal purposes. Many people are not well-informed about cannabis and its effects, leading to misconceptions and stereotypes.
For example, some people may believe that all cannabis use leads to addiction or that it is a 'gateway drug' to harder substances. These beliefs can make it difficult for companies to market to a wider audience. Such factors are expected to remain a
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The Report Covers Global Edible Packaging Market Size & Companies and the Market is Segmented by Ingredient Type (Protein, Polysaccharides, Lipids, and Composites); by Application (Dairy Products, Bakery and Confectionary, Fruits and Vegetables, Meat, Poultry and Seafood, and Other Applications); and by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The market size is provided in terms of value (USD Million) during the forecasted years for the above segments.
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Global Edible Oil Market reached USD 265.2 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 397.8 billion by 2031
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The global edible oil market, valued at $98.23 billion in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.1% from 2025 to 2033. This growth is driven by several key factors. Rising global populations and increasing urbanization are fueling demand for processed foods and convenient meal options, which heavily rely on edible oils. Changing dietary habits, including a shift towards healthier cooking methods and increased consumption of fried foods in developing economies, also contribute to market expansion. Furthermore, the burgeoning food processing industry and the expansion of the food service sector, particularly in rapidly developing nations, are significant growth catalysts. The market's segmentation reveals a strong presence across retail, food service, and food processing end-users, each contributing uniquely to overall market dynamics. Key players, including giants like Cargill, ADM, and Bunge, are leveraging their established supply chains and brand recognition to maintain market dominance while simultaneously innovating to cater to evolving consumer preferences for sustainable and healthier oil options. However, the market faces certain restraints. Fluctuations in crude oil prices directly impact edible oil production costs, influencing market pricing and profitability. Additionally, concerns regarding the health implications of excessive oil consumption and the growing popularity of alternative cooking mediums such as olive oil and avocado oil exert competitive pressure. Furthermore, geopolitical instability and climate change pose risks to supply chains and crop yields, impacting overall market stability. The geographical distribution of market share reveals strong regional variations, with APAC (specifically China and India) expected to remain key growth drivers due to their expanding populations and evolving consumption patterns. North America and Europe, while mature markets, will continue to contribute significantly to the market value, although growth rates will likely be more moderate compared to APAC. Successful companies will need to adapt to these market dynamics through strategic investments in sustainable sourcing, product diversification, and robust supply chain management.
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Edible Oil & Fats Market size & share estimated to surpass USD 361.88 billion by 2032, to grow at a CAGR of 3.88% during the forecast period.
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The organic edible oil market is likely to capture a valuation of US$ 3.14 billion in 2023 and is predicted to reach US$ 7.43 billion by 2033. The market is registering a CAGR of 9% during the forecast period.
Attributes | Details |
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Market CAGR (2023 to 2033) | 9% |
Market Valuation (2023) | US$ 3.14 billion |
Market Valuation (2033) | US$ 7.43 billion |
Scope of Report
Attribute | Details |
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Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ billion for Value |
Key Countries Covered | United States, United Kingdom, Japan, China, India, Germany |
Key Segments Covered |
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Key Companies Profiled |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
This statistic shows the revenue of the industry “Processing of edible oils and fats“ in Japan from 2012 to 2018, with a forecast to 2024. It is projected that the revenue of Processing of edible oils and fats in Japan will amount to approximately 3,2 billion U.S. Dollars by 2024.
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Edible Oils and Fats Market - Global Industry Insights, Size, Share, Trends, Outlook, and Opportunity Analysis
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 265.51(USD Billion) |
MARKET SIZE 2024 | 278.57(USD Billion) |
MARKET SIZE 2032 | 409.3(USD Billion) |
SEGMENTS COVERED | Type ,Application ,Packaging ,Distribution Channel ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising Health Consciousness Increasing Urbanization Growing Disposable Income Expanding Food amp Beverage Industry Technological Advancements |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Louis Dreyfus Company ,Marubeni Corporation ,Archer Daniels Midland Company ,Itochu Corporation ,COFCO ,Sumitomo Corporation ,Bunge ,ADM ,Wilmar International ,CJ CheilJedang ,Mitsubishi Corporation ,Cargill ,Viterra ,CHS Inc. ,Olam International |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Growing demand for healthy and convenient food options Increasing disposable income in emerging economies Innovation in packaging and distribution channels Rising awareness of the benefits of refined edible oils Government initiatives to promote the consumption of healthy fats |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.92% (2025 - 2032) |
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Global Edible Oil Co Product market size 2025 was XX Million. Edible Oil Co Product Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
The Indonesia Edible Key players in the cooking oil market 2023. Rising demand for palm oil and sustainability initiatives drive growth. Get insights now.
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The report covers Organic Edible Oil Market and is Segmented by Type (Palm Oil, Rapeseed Oil, Sunflower Oil, Peanut Oil, and Other Types), Application (Bakery and Confectionery, Snack Foods, Salads, Cooking Oils, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers market sizes and values in USD million during the forecast period for the abovementioned segments.
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The Edible Packaging Market Report is Segmented by Source (Plant and Animal), Raw Material (Protein, Polysaccharides, Lipids, and Other Raw Materials), End-User Industry (Food, Beverage, and Pharmaceutical), and Geography (North America [United States and Canada], Europe [Germany, United Kingdom, France, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, Australia and New Zealand, and Rest of Asia-Pacific], Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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Edible Cutlery Market size was valued at USD 35.64 Million in 2023 and is projected to reach USD 69.94 Million by 2030, growing at a CAGR of 10.12% during the forecast period 2024-2030.
Global Edible Cutlery Market Drivers
The market drivers for the Edible Cutlery Market can be influenced by various factors. These may include:
Sustainability: The demand for edible cutlery is being driven by rising environmental concerns and the need for eco-friendly alternatives. To cut down on plastic waste, consumers are looking for sustainable solutions more and more.
Health & wellbeing Trends: As consumers become more aware of their health, they are choosing products that support wellbeing. This trend is supported by edible cutlery, which is frequently created from natural materials and provides a healthier option than conventional plastic utensils.
Government Regulations: In many areas, the usage of biodegradable substitutes, such as edible cutlery, is being prompted by strict laws prohibiting the use of single-use plastics and packaging materials. With legislation and programs, governments are encouraging the adoption of sustainable products.
Innovation and Technology: The creation of edible cutlery with enhanced texture, flavor, and durability has been made possible by developments in material science and food technology. These developments broaden the market’s acceptance of edible utensils by improving their consumer appeal.
Growing Disposable Income: Customers are willing to pay more on high-end and environmentally friendly products as their disposable income rises. This tendency helps the edible cutlery market expand as consumers choose environmentally friendly products over others, even if they may be more expensive.
Adoption by the Food Service Industry: As a creative and ecological solution, edible cutlery is becoming more and more popular in the food service sector, which includes eateries, caterers, and airlines. Because of its broad use, the market is becoming more visible and accessible, which propels growth.
Corporate Sustainability Initiatives: Reducing plastic waste in operations is one of the many sustainability aims and initiatives that many firms are putting into practice. Making the switch to edible cutlery supports these business sustainability initiatives and increases demand for related goods.
Changing Consumer tastes: Buying decisions are being influenced by a shift in consumer tastes toward sustainable and eco-friendly items. An increasing number of people are choosing alternatives like edible cutlery as knowledge of the negative effects of plastic on the environment develops.
Expanding Market for Meal Delivery and Takeaway: The demand for disposable utensils is being driven by the growth of takeaway culture and meal delivery services, particularly in metropolitan areas. For these uses, edible cutlery offers a practical and environmentally responsible option, which fuels market expansion.
Cultural Acceptance: Edible cutlery is becoming more widely accepted as a practical substitute for conventional utensils, which is growing its market share. The market for these products is growing as more people become aware of and comfortable with using edible cutlery
This statistic shows the revenue of the industry “wholesale of rice, flour and edible oil“ in China from 2012 to 2020, with a forecast to 2025. It is projected that the revenue of wholesale of rice, flour and edible oil in China will amount to approximately 162.70 billion U.S. Dollars by 2025.
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Edible Packaging Market Size, Share, Forecast, & Trends Analysis by Source (Plant, Animal), Raw Material (Seaweed & Algae, Polysaccharides, Lipids), Packaging Process (Antimicrobial, Nanotechnology, Microbial), End Use - Global Forecast to 2032
In 2022, the shipment value of the Japanese animal fat and vegetable oil manufacturing industry one trillion Japanese yen. The industry manufactures a range of edible fats and oils ranging from purely vegetable-based condiments like soybean oil, over mixed products, to animal fats like pork lard.
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The Report Covers Cannabis Edible Manufacturers and the Market is Segmented by Product Type (Food and Beverage and Dietary Supplements), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Market Sizes and Values are Provided in (USD Million) During the Forecast Years for the Above Segments.