Global Vegetable Oils Market Size, Share, Trends, Industry Growth by Nature (Organic, Conventional), by Type (Palm Oil, Soybean Oil, Rapeseed Oil, & Others), Processing Method, by Application, by Sales Channel, by Region, and Forecast to 2028

Price: 3600/- USD | Published Date: June 5, 2022 |

The global vegetable oils market size is expected to register a significant CAGR of around 6% during the forecast period from 2022 to 2028. The rising consumer preference for healthy, organic, and unprocessed cooking oil and the growing consumer awareness about omega-6 and saturated fatty acids in vegetable oils are some prominent factors driving the market growth. Furthermore, the rising use of vegetable oils in the mechanical industry for lubricants and oleochemicals is further anticipated to fuel the market over the forecast period. Moreover, the growing population around the world, increasing preference for natural food products, and the increasing adoption of vegetable oils in the food service sector are projected to propel the market growth in upcoming years.

Market Insights:

The global vegetable oil market is bifurcated into nature, type, processing type, application, distribution channel, and geography. On the basis of type, the market is further segmented into Palm, Soybean, Rapeseed, Sunflower, Olive, and Other oils. The palm oil segment dominated the global market in 2021 and expected to hold the largest revenue share of over 1/3 market share by the end of the analysis period. The increasing adoption of palm oil in the food service sector is a primary sector to drive the segment growth. Furthermore, the health benefits associated with the oil and the low prices as compared to others are further anticipated to fuel the segment growth over the forecast period.

The soybean oil segment is accounted to hold the second-largest market share of the global vegetable oils market in 2021 and is estimated to register the fastest growth rate over the forecast period. The increasing use of soybean oil for cooking use is a major factor to drive the segment growth. Furthermore, the growing use of soybean oil in the food processing and food service sector, and the increasing focus to increase the shelf life of the product are expected to fuel the segment growth over the forecast period. Moreover, the increasing use of the product in the biodiesel industry to produce eco-friendly renewable fuel is expected to increase the demand for soybean oil which is driving the segment growth.

Vegetable Oils Market Share

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The vegetable oils comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The vegetable oils market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Global Vegetable Oils Market Segmentation:

Vegetable Oils Market Segmentation by Nature:

  • Organic
  • Conventional

Vegetable Oils Market Segmentation by Type:

  • Palm Oil
  • Soybean Oil
  • Rapeseed Oil
  • Sunflower Oil
  • Olive Oil
  • Others

Vegetable Oils Market Segmentation by Processing Method:

  • Mechanical
  • Hydrogenation
  • Others

Vegetable Oils Market Segmentation by Application:

  • Food
  • Feed
  • Industrial

Vegetable Oils Market Segmentation by Sales Channel:

  • Business to Business
  • Business to Consumers

Vegetable Oils Market Segmentation by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Vegetable Oils Market: Geographic Coverage

Geographically, the Asia Pacific dominated the global vegetable oils market in 2021 and expected to hold the largest revenue share of over 40% of the market by the end of the analysis period. China is the largest producer and consumer of vegetable oil in the world. The strong presence of the consumer and the presence of raw materials are some major factors driving the market growth in the region. Furthermore, the increasing adoption of the product in the food industry and the increasing consumption per capita is further anticipated to fuel the market growth in the Asia Pacific.

Vegetable Oils Market: Competitive Assessment

Some of the major market players operating in the global vegetable oils market are Cargill, Inc., Adani Wilmar Ltd., Ruchi Soya Industries Ltd., Associate British Foods Plc, and Archer Daniels Midland Company. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Cargill, Incorporated
  • Adani Wilmar Ltd.
  • Ruchi Soya Industries Ltd.
  • Associate British Foods Plc
  • Archer Daniels Midland Company
  • Karkotis Manufacturing & Trading Public Ltd.
  • Borges International Group
  • Bunge Limited
  • Arkema
  • Louis Dreyfus Company

Key Questions Answered by Vegetable Oils Market Report

  • Global vegetable oils market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Vegetable oils submarket forecasts from 2022-2028 covering the market by nature, by type, by processing method, by application, by sales channel, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level vegetable oils markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Vegetable Oils Market Portraiture
2.2. Global Vegetable Oils Market, by Nature, 2021 (USD Mn)
2.3. Global Vegetable Oils Market, by Type, 2021 (USD Mn)
2.4. Global Vegetable Oils Market, by Processing Method, 2021 (USD Mn)
2.5. Global Vegetable Oils Market, by Application, 2021 (USD Mn)
2.6. Global Vegetable Oils Market, by Distribution Channel, 2021 (USD Mn)
2.7. Global Vegetable Oils Market, by Geography, 2021 (USD Mn)

 

3. Global Vegetable Oils Market Analysis


3.1. Vegetable Oils Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Vegetable Oils Market By Nature, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Organic
4.3. Conventional

 

5. Global Vegetable Oils Market By Type, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Palm Oil
5.3. Soybean Oil
5.4. Rapeseed Oil
5.5. Sunflower Oil
5.6. Olive Oil
5.7. Others

 

6. Global Vegetable Oils Market By Processing Method, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Mechanical
6.3. Hydrogenation
6.4. Others

 

7. Global Vegetable Oils Market By Application, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. Food
7.3. Feed
7.4. Industrial

 

8. Global Vegetable Oils Market By Sales Channel, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. Business to Business
8.3. Business to Consumers

 

9. North America Vegetable Oils Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. North America Vegetable Oils Market by Nature, (2019-2028 USD Mn)
9.3. North America Vegetable Oils Market by Type, (2019-2028 USD Mn)
9.4. North America Vegetable Oils Market by Processing Method, (2019-2028 USD Mn)
9.5. North America Vegetable Oils Market by Application, (2019-2028 USD Mn)
9.6. North America Vegetable Oils Market by Distribution Channel, (2019-2028 USD Mn)
9.7. North America Vegetable Oils Market by Country, (2019-2028 USD Mn)
9.7.1. U.S.
9.7.2. Canada

 

10. Europe Vegetable Oils Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. Europe Vegetable Oils Market by Nature, (2019-2028 USD Mn)
10.3. Europe Vegetable Oils Market by Type, (2019-2028 USD Mn)
10.4. Europe Vegetable Oils Market by Processing Method, (2019-2028 USD Mn)
10.5. Europe Vegetable Oils Market by Application, (2019-2028 USD Mn)
10.6. Europe Vegetable Oils Market by Distribution Channel, (2019-2028 USD Mn)
10.7. Europe Vegetable Oils Market by Country, (2019-2028 USD Mn)
10.7.1. Germany
10.7.2. U.K.
10.7.3. France
10.7.4. Italy
10.7.5. Rest of Europe

 

11. Asia Pacific Vegetable Oils Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1. Overview
11.2. Asia Pacific Vegetable Oils Market by Nature, (2019-2028 USD Mn)
11.3. Asia Pacific Vegetable Oils Market by Type, (2019-2028 USD Mn)
11.4. Asia Pacific Vegetable Oils Market by Processing Method, (2019-2028 USD Mn)
11.5. Asia Pacific Vegetable Oils Market by Application, (2019-2028 USD Mn)
11.6. Asia Pacific Vegetable Oils Market by Distribution Channel, (2019-2028 USD Mn)
11.7. Asia Pacific Vegetable Oils Market by Country, (2019-2028 USD Mn)
11.7.1. China
11.7.2. Japan
11.7.3. India
11.7.4. Rest of Asia Pacific

 

12. Latin America (LATAM) Vegetable Oils Market Analysis and Forecast, 2019 – 2028 (USD Mn)


12.1. Overview
12.2. Latin America Vegetable Oils Market by Nature, (2019-2028 USD Mn)
12.3. Latin America Vegetable Oils Market by Type, (2019-2028 USD Mn)
12.4. Latin America Vegetable Oils Market by Processing Method, (2019-2028 USD Mn)
12.5. Latin America Vegetable Oils Market by Application, (2019-2028 USD Mn)
12.6. Latin America Vegetable Oils Market by Distribution Channel, (2019-2028 USD Mn)
12.7. Latin America Vegetable Oils Market by Country, (2019-2028 USD Mn)
12.7.1. Brazil
12.7.2. Mexico
12.7.3. Rest of Latin America

 

13. Middle East and Africa Vegetable Oils Market Analysis and Forecast, 2019 – 2028 (USD Mn)


13.1. Overview
13.2. MEA Vegetable Oils Market by Nature, (2019-2028 USD Mn)
13.3. MEA Vegetable Oils Market by Type, (2019-2028 USD Mn)
13.4. MEA Vegetable Oils Market by Processing Method, (2019-2028 USD Mn)
13.5. MEA Vegetable Oils Market by Application, (2019-2028 USD Mn)
13.6. MEA Vegetable Oils Market by Distribution Channel, (2019-2028 USD Mn)
13.7. Middle East and Africa Vegetable Oils Market, by Country, (2019-2028 USD Mn)
13.7.1. GCC
13.7.2. South Africa
13.7.3. Rest of MEA

 

14. Company Profiles


14.1. Cargill, Inc.
14.1.1. Business Description
14.1.2. Financial Health and Budget Allocation
14.1.3. Product Positions/Portfolio
14.1.4. Recent Development
14.1.5. SWOT Analysis
14.2. Adani Wilmar Ltd.
14.2.1. Business Description
14.2.2. Financial Health and Budget Allocation
14.2.3. Product Positions/Portfolio
14.2.4. Recent Development
14.2.5. SWOT Analysis
14.3. Ruchi Soya Industries Ltd.
14.3.1. Business Description
14.3.2. Financial Health and Budget Allocation
14.3.3. Product Positions/Portfolio
14.3.4. Recent Development
14.3.5. SWOT Analysis
14.4. Associate British Foods Plc
14.4.1. Business Description
14.4.2. Financial Health and Budget Allocation
14.4.3. Product Positions/Portfolio
14.4.4. Recent Development
14.4.5. SWOT Analysis
14.5. Archer Daniels Midland Company
14.5.1. Business Description
14.5.2. Financial Health and Budget Allocation
14.5.3. Product Positions/Portfolio
14.5.4. Recent Development
14.5.5. SWOT Analysis
14.6. Karkotis Manufacturing & Trading Public Ltd.
14.6.1. Business Description
14.6.2. Financial Health and Budget Allocation
14.6.3. Product Positions/Portfolio
14.6.4. Recent Development
14.6.5. SWOT Analysis
14.7. Borges International Group
14.7.1. Business Description
14.7.2. Financial Health and Budget Allocation
14.7.3. Product Positions/Portfolio
14.7.4. Recent Development
14.7.5. SWOT Analysis
14.8. Bunge Limited
14.8.1. Business Description
14.8.2. Financial Health and Budget Allocation
14.8.3. Product Positions/Portfolio
14.8.4. Recent Development
14.8.5. SWOT Analysis
14.9. Arkema
14.9.1. Business Description
14.9.2. Financial Health and Budget Allocation
14.9.3. Product Positions/Portfolio
14.9.4. Recent Development
14.9.5. SWOT Analysis
14.10. Louis Dreyfus Company
14.10.1. Business Description
14.10.2. Financial Health and Budget Allocation
14.10.3. Product Positions/Portfolio
14.10.4. Recent Development
14.10.5. SWOT Analysis
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