Edible Oils Market Outlook: Expecting Robust Growth Leading to New Heights by 2030 Year

The Edible Oils Market size was valued at USD 120.45 Billion in 2023 and the total Edible Oils Market revenue is expected to grow at a CAGR of 7.37% from 2024 to 2030, reaching nearly USD 198.14 Billion.

Edible Oils Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Edible Oils Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Edible Oils market by thorough analysis, and projections are made up to 2030.

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Edible Oils Market Scope and Methodology:

The Edible Oils market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Edible Oils market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

Also, the research offers detailed insights into the dynamics of the Edible Oils market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Edible Oils market were developed. The study provides a thorough value chain analysis that clarifies the Edible Oils production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Edible Oils market on a global and micro level.

Edible Oils Market Segmentation:

by Type

Palm Oil
Soybean Oil
Mustard Oil
Sunflower Oil
Olive Oil
Others

By the conclusion of the forecast period, the edible oils market is anticipated to be dominated by the Palm Oils segment, which held the largest market share in 2023 at over 45%. The most popular edible oil, palm oil, has played a significant role in the explosive growth of the world's vegetable oil markets. High-quality oil produced by the oil palm tree, which is primarily found in tropical regions, is primarily utilized in underdeveloped nations for cooking. The demand for palm oil is rising quickly over the projection period because of its many uses, including its excellent cooking qualities, smooth and creamy texture, lack of odor, and natural preservation action that prolongs the shelf life of food goods. It is also used in many different products.

by Packaging Type

Pouches
Jars
Cans
Bottles

Due to its growing consumer appeal, the pouches category is anticipated to account for a substantial 60% of the worldwide edible oils market in 2023. Compared to more conventional packaging types like bottles and cans, pouches have many advantages. Because they take up less physical space, they are especially appealing to urban consumers who live in cramped quarters. In addition, pouches are lightweight and manageable, which makes them ideal for today's busy lives. Additionally, the pouch structure enables creative bag-in-box packaging options that reduce filling mess and oil waste. Compared to other packaging forms, pouches' improved barrier technology help preserve oil freshness.

by Distribution Channel

Direct/Institutional Sales
Supermarkets and Hypermarkets
Convenience Stores
Online

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Edible Oils Market Key Players:

1 Aceitera General Deheza (Argentina)
2. Adams Group (United States)
3. Adani Group (India)
4. Agro Tech Foods Limited (India)
5. American Vegetable Oils, Inc. (United States)
6. Archer Daniels Midland Company (United States)
7. Associated British Foods plc (United Kingdom)
8. Beidahuang Group (China)
9. Borges Mediterranean Group (Spain)
10. Bunge Limited (United States)
11. Cargill, Incorporated (United States)
12. Emami (India)
13. Fuji Vegetable Oil (Japan)
14. Kaneka Corporation (Japan)
15. Louis Dreyfus Company Brasil (Brazil)
16. Nisshin Oillio Group (Japan)
17. Patanjali Foods Limited (India)
18. PT Sinar Mas Agro Resources And Technology Tbk (Indonesia)
19. Sime Darby Plantation Berhad (Malaysia)
20. The Graincorp Oilseeds (Australia)
21. Vicentin S.A.I.C. (Argentina)
22. Wilmar International Ltd (Singapore)

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Edible Oils Market Regional Insights :

The size and trends in the Edible Oils market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

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Key questions answered in the Edible Oils Market are:

What is Edible Oils?
What was the Edible Oils market size in 2023?
Which are the factors expected to drive the Edible Oils market growth?
Who are the leading companies and what are their portfolios in Edible Oils Market?
What growth strategies are the players considering to increase their presence in Edible Oils?
What are the upcoming industry applications and trends for the Edible Oils Market?
What will be the CAGR at which the Edible Oils market will grow?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Edible Oils Market?
What are the different segments of the Edible Oils Market?
What is the growth rate of the Edible Oils Market?
What segments are covered in the Edible Oils Market?
Who are the key players in the Edible Oils market?
What are the key challenges and opportunities in the Edible Oils market?
Which application holds the highest potential in the Edible Oils market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018-2023)
Past Pricing and price curve by region (2018-2023)
Market Size, Share, Size Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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