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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

USD 113.09 Billion in 2024; projected USD 224.25 Billion by 2033; CAGR 7.9%.

The major product segments in the US Edible Oils Fats Market include vegetable oils, animal fats, and specialty oils. Vegetable oils, including soybean oil, canola oil, and palm oil, dominate the market and find widespread application in cooking, baking, and food processing. Animal fats, derived from sources like lard and tallow, are primarily used in commercial food preparation and have a significant market presence. Specialty oils, such as olive oil, avocado oil, and coconut oil, are gaining popularity due to their perceived health benefits and distinct flavors, thereby contributing to market growth. Notable trends are: Medicinal and functional properties, together with health and nutrition awareness will boost the market growth.

US Edible Oils Fats comes with extensive industry analysis of development components, patterns, flows, and sizes. The report calculates present and past market values to forecast potential market management during the forecast period between 2025 - 2033.

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North America Vegetable Oil Market Size 2024-2028

The north america vegetable oil market size is forecast to increase by USD 12.45 billion at a CAGR of 3.93% between 2023 and 2028.

The market is witnessing significant growth due to several key trends. One of the primary factors driving market growth is the increasing use of vegetable oils in non-food applications, such as cosmetics and pharmaceuticals. Additionally, the demand for clean-label vegetable oil products is on the rise, as consumers seek healthier and more natural alternatives to processed foods. However, the market faces challenges from other cooking oils and fats, including palm oil and animal fats, which offer lower prices and higher production yields. Producers must focus on innovation and differentiation to remain competitive in this market. In summary, the market is experiencing growth due to increasing demand for non-food applications and clean-label products, but faces challenges from competitive alternatives.

What will be the size of the North America Vegetable Oil Market during the forecast period?

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The vegetable oils market in North America is a significant sector withIn the edible oils industry, primarily derived from plant sources such as soybean, corn, sunflower, canola, and others. These oils, which are rich in triglycerides, serve various purposes in food preparation, including cooking, baking, and as a heat transfer medium. Additionally, they function as flavor enhancers, moisture retainers, and In the production of soaps and biodiesel fuel. Palm oil, although not a primary focus in North America, is also relevant due to its global impact on the market. Vegetable oils are consumed for their health benefits, including monounsaturated fats contributing to heart health.The market is influenced by trends towards organic and fortified vegetable oils, e-commerce sales, and the use of vegetable oils in industries beyond food, such as cosmetics and lubricants. Used cooking oil and mineral oil have their unique applications, while vegetable isolating oils cater to specific industries. The market dynamics are shaped by factors such as supply and demand, price fluctuations, and consumer preferences. The vegetable oils market in North America continues to evolve, driven by technological advancements, health consciousness, and the ever-changing landscape of the food industry.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. Distribution ChannelOfflineOnlineTypePalm oilSoybean oilCanola oilSunflower oilOthersGeographyNorth AmericaCanadaMexicoUS

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

In the North American vegetable oils market, traditional retail channels dominate distribution. Supermarkets and hypermarkets serve as primary outlets, providing a wide selection of vegetable oils and sizes. Convenience is a key factor, as consumers value the variety and accessibility these retailers offer. Convenience stores also play a significant role, particularly in urban and suburban areas, catering to the quick needs of consumers. Traditional grocery stores remain prominent, maintaining their status as go-to destinations for vegetable oils within local communities. Wholesale clubs cater to both household consumers and businesses, offering bulk purchasing options for vegetable oils. Vegetable oils, derived from plant sources such as soybean, corn, sunflower, canola, and others, serve various purposes.They are used for cooking and baking, as heat transfer mediums, flavor enhancers, and moisture agents. In addition, they are used In the production of soaps, skincare products, biodiesel, and essential fatty acids. Vegetable oils are also rich in unsaturated fats, particularly monounsaturated and omega-3 fatty acids, making them heart-healthy options. The health consciousness trend and increasing household incomes contribute to the growing demand for vegetable oils. Key players In the market include soybean oil, corn oil, sunflower oil, canola oil, and others. Vegetable oils are also used In the pharmaceutical, cosmetics, animal feed, and retail/household industries. E-commerce platforms are emerging as a distribution channel, offering convenience and competitive pricing.The nutritional value and health benefits of vegetable oils make them an essential component of food production.

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The Offline segment was valued at USD 40.58 billion in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along w

The North America Edible Oils Fats Market size will be USD 175802.76 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2033. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 269406.5 Million by 2033. This growth is mainly attributed to the rising demand for oils high in antioxidants, vitamins, and omega-3 fatty acids.

In 2024, within the oils & fats market in the United States, edible oils recorded the highest sales volume at approximately *********** kilograms. In second place, margarine followed with around ************** kilograms, while butter came third with about ************** kilograms.

Latin America Edible Oils and Fats Market is expected to grow during 2025-2031

The global Edible Oils and Fats industry is estimated to be worth USD 138.0 Billion by 2025. It is anticipated to reach USD 261.5 Billion by 2035, reflecting a CAGR of 6.6% over the assessment period 2025 to 2035.

Attributes	Description
Estimated Global Edible Oils and Fats Industry Size (2025E)	USD 138.0 billion
Projected Global Edible Oils and Fats Industry Value (2035F)	USD 261.5 billion
Value-based CAGR (2025 to 2035)	6.6%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	7.1%
UK	5.3%
France	5.1%
Germany	5.5%
Italy	4.9%
South Korea	5.7%
Japan	6.5%
China	5.5%
Australia	5.2%
New Zealand	5.0%

Segment-wise Analysis

Segment	Value Share (2025)
Vegetable Seed Oil	31.2%

Segment	Value Share (2025)
Liquid (Form)	63.4%

Competitive Outlook

Company Name	Estimated Market Share (%)
Cargill, Incorporated	20-24%
Archer Daniels Midland (ADM)	18-22%
Wilmar International Limited	15-19%
Bunge Limited	12-16%
Fuji Oil Company, Ltd.	8-12%
Other Companies (Combined)	30-40%

In the oils & fats market in the United States in 2024, the edible oils segment generated the highest revenue, reaching approximately ************ U.S. dollars. The butter segment ranked second with around ************ U.S. dollars, while margarine followed with about ************ U.S. dollars.

USD 143.84 Billion in 2024; projected USD 287.76 Billion by 2033; CAGR 8.09%.

The Fats and Oils Market Report is Segmented by Type (Fats and Oils), Application (Food, Industrial, and Animal Feed), Source (Plant-Based and Animal-Based), and Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

The North America Fats and Oils Market is Segmented by Product Type (Fats and Oils), Application (Food, Industrial, and Animal Feed), Source (Plant-Based and Animal-Based), and Country (United States, Canada, Mexico, and Rest of North America). The Market Forecasts are Provided in Terms of Value (USD).

The revenue in the 'Edible Oils' segment of the food market worldwide was modeled to be ************** U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************* U.S. dollars since 2018. Between 2024 and 2030, the revenue 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.

North America Edible Oils Fats Market is projected to grow around USAD 3.6 billion by 2031, at a CAGR of 13.2% during the forecast period.

The global edible oils and fats market is a substantial and dynamic sector, exhibiting consistent growth driven by several key factors. Rising global population, increasing urbanization, and shifting dietary habits towards more processed foods are major contributors to this expansion. The preference for convenient and ready-to-eat meals fuels demand for packaged foods, many of which rely heavily on edible oils and fats as crucial ingredients. Furthermore, the expanding food processing and restaurant industries, particularly in developing economies, are significantly boosting consumption. While vegetable-based oils dominate the market due to health consciousness and relatively lower cost, animal-based fats retain a significant niche, especially in regions with strong traditional culinary practices. Market segmentation reveals a robust household sector alongside a growing commercial segment, with the latter fueled by the increasing demand from the food service industry. Key players in this market include multinational corporations like Wilmar and Bunge, along with regional giants like Anadolu Group and Ruchi. These companies are actively involved in research and development, focusing on innovations to meet changing consumer preferences, such as healthier oils with enhanced nutritional profiles or those tailored to specific dietary needs. However, the market faces challenges. Fluctuations in commodity prices, especially for key raw materials like palm oil and soybeans, create volatility and impact profitability. Growing health awareness also presents a double-edged sword; while it drives demand for healthier oils, it simultaneously puts pressure on producers to reduce saturated fat content and develop alternatives. Furthermore, stringent regulations regarding food safety and labeling in various regions pose compliance challenges for producers. Competition is fierce, with established players facing pressure from emerging brands and regional producers. Sustaining growth necessitates strategic investments in research, sustainable sourcing, and efficient supply chains to navigate these complexities and capitalize on the expanding market opportunities. Geographical growth is uneven, with Asia-Pacific and particularly India and China expected to witness substantial expansion due to their burgeoning populations and rising disposable incomes.

Discover the booming global edible oil and fats market, projected to reach $500 billion by 2033 with a 5% CAGR. This in-depth analysis explores market drivers, trends, restraints, and key players like Cargill and Wilmar, providing valuable insights into regional market share and key segments (soybean, olive, coconut oils).

South America's Edible Oils Fats Market will be USD 18055.42 million in 2025 and is estimated to grow at a compound annual growth rate (CAGR) of 7.7% from 2025 to 2033. The market is foreseen to reach USD 32655.3 million by 2033 due to the growth in demand for butter alternatives, cocoa butter substitutes, and emulsifiers.

US Edible Oil Fats Market valued at USD 139 Bn, driven by health consciousness, plant-based diets, and food service growth. Explore trends and forecasts.

The Margarine & Cooking Oil Processing industry in the US is currently navigating a time of significant change, driven by evolving consumer preferences and external supply chain pressures. Recently, plant-based eating habits have grown rapidly, with more consumers seeking vegan margarines and specialty oils, such as those derived from avocado, sunflower and coconut. Producers and major brands are reformulating products to meet health, environmental and ethical expectations, fueling a wave of innovation and marketing activity. At the same time, supply disruptions and rising raw material costs—shaped by everything from the pandemic to geopolitical events—have made managing profitability and product availability especially challenging. Overall, revenue is anticipated to climb at a CAGR of 4.4% to $88.7 billion over the five years to 2025, despite a 3.1% dip in 2025 alone. Over the past five years, the industry has had to grapple with pronounced volatility. Global events have caused substantial swings in input prices: for instance, the war in Ukraine and climate-related disruptions have squeezed supplies of key commodities like sunflower and soybean oil, impacting US processors’ sourcing and pricing. Meanwhile, private-label products from major retailers have intensified price competition, squeezing margins for branded companies and prompting accelerated product innovation and strategic repositioning. Mid-sized and large companies have responded by exploring new marketing angles, such as clean labels, health-based claims, or sustainability credentials, to differentiate themselves from growing store brands. Looking ahead, companies can anticipate a future shaped by tighter sustainability requirements, more sophisticated automation and shifts in consumer health and wellness priorities. Retailers and regulatory bodies are likely to keep ramping up environmental sourcing mandates, pushing companies to adopt more transparent and sustainable practices or risk losing key buyers. At the same time, demand for functional oils and margarine, fortified with ingredients like omega-3s or designed for specific dietary needs, should continue to grow. To address margin pressures and operational complexity, companies of all sizes are investing in digital tools and automation to streamline production and ensure quality. Adaptability—in everything from sourcing to product development—will be crucial for businesses aiming to thrive over the next five years. The industry is expected to slow through the end of 2030, expanding at a CAGR of just 0.1% to $89.1 billion.