Global Edible Oil And Fats Market Size & Outlook
Global edible oil and fats market, 2018-2030 (US$M)
Related Markets
Global edible oil and fats market highlights
- The global edible oil and fats market generated a revenue of USD 464,477.1 million in 2022 and is expected to reach USD 831,095.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.5% by 2030.
- In terms of segment, edible oil accounted for a revenue of USD 350,121.8 million in 2022.
- Edible Oil is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 464,477.1 million |
| Market revenue in 2030 | USD 831,095.6 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Edible oil |
| Fastest growing segment | Edible Oil |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Edible Oil, Edible Fats |
Other key industry trends
- In terms of revenue, the North America accounted for 23.9% of the global edible oil and fats market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 24,214.8 million by 2030.
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Edible Oil And Fats Market Scope
Edible Oil And Fats Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global edible oil and fats market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to edible oil and fats market will help companies and investors design strategic landscapes.
Edible oil was the largest segment with a revenue share of 75.38% in 2022. Horizon Databook has segmented the Global edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Edible Oil And Fats Product Outlook (Revenue, USD Million, 2018-2030)
- Edible Oil
- Palm Oil
- CPO
- RBD Palm Oil
- Fractionated Palm Oil
- Palm Kernel Oil
- Cooking Oil
- Table Oil
- Nutritional Oil/ Direct Consumption
- Soyabean Oil
- Sunflower Oil
- Olive Oil
- Coconut Oil
- Others
- Palm Oil
- Edible Fats
- Cocoa Butter Replacer
- Cocoa Butter Substitute
- Filling Fats
- Milk-Fat Replacers
- Spread Fat
- Frying Fats
- Margarines
- Shortenings
- Butter
- Others
- Edible Oil
- Global Edible Oil And Fats Source Outlook (Revenue, USD Million, 2018-2030)
- Natural
- Synthetic
- Global Edible Oil And Fats Nature Outlook (Revenue, USD Million, 2018-2030)
- Organic
- Edible Oil
- Palm Oil
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Soyabean Oil
- Sunflower Oil
- Olive Oil
- Coconut Oil
- Others
- Palm Oil
- Edible Fats
- Cocoa Butter Replacer
- Cocoa Butter Substitute
- Filling Fats
- Milk-Fat Replacers
- Spread Fat
- Frying Fats
- Margarines
- Shortenings
- Butter
- Others
- Edible Oil
- Conventional
- Edible Oil
- Palm Oil
- CPO
- RBD Palm Oil
- Palm Kernel Oil
- Fractionated Palm Oil
- Soyabean Oil
- Sunflower Oil
- Olive Oil
- Coconut Oil
- Others
- Palm Oil
- Edible Fats
- Cocoa Butter Replacer
- Cocoa Butter Substitute
- Filling Fats
- Milk-Fat Replacers
- Spread Fat
- Frying Fats
- Margarines
- Shortenings
- Butter
- Others
- Edible Oil
- Organic
- Global Edible Oil And Fats Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
- Global Edible Oil And Fats End Use Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmeceutical
- Others
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Target buyers of Global edible oil and fats market databook
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Our clientele includes a mix of edible oil and fats market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global edible oil and fats market , including forecasts for subscribers. This global databook contains high-level insights into Global edible oil and fats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global edible oil and fats market size, by regions, 2017-2030 (US$M)
Top 10 countries: Edible oil and fats market size, 2022 (US$M)
Global edible oil and fats market share, by product, 2022 & 2030 (%, US$M)
Edible oil and fats market: Opportunity assessment by country
Global edible oil and fats market, by region, 2022 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 77,624.1 | 82,811.0 | 88,564.2 | 92,190.1 | 99,129.4 | 110,817.1 | 114,862.3 | 122,691.3 | 131,599.1 | 141,783.0 | 153,421.6 | 166,731.0 | 181,972.7 | 199,463.0 | 7.6% |
| Europe | 70,015.2 | 74,755.9 | 80,016.0 | 83,361.0 | 89,710.0 | 100,369.9 | 104,119.5 | 111,307.7 | 119,487.0 | 128,838.9 | 139,528.8 | 151,756.6 | 165,764.0 | 181,843.7 | 7.7% |
| Asia Pacific | 106,002.4 | 112,961.3 | 120,676.4 | 125,479.1 | 134,776.1 | 150,501.3 | 155,824.0 | 166,262.4 | 178,138.2 | 191,713.3 | 207,223.3 | 224,953.6 | 245,249.0 | 268,527.0 | 7.5% |
| Latin America | 33,309.5 | 35,455.2 | 37,833.0 | 39,293.2 | 42,155.5 | 47,019.4 | 48,625.6 | 51,822.5 | 55,459.2 | 59,615.6 | 64,363.0 | 69,787.9 | 75,994.6 | 83,109.6 | 7.4% |
| MEA | 39,612.1 | 42,141.9 | 44,944.6 | 46,654.7 | 50,026.9 | 55,769.4 | 57,643.9 | 61,400.9 | 65,674.7 | 70,558.8 | 76,136.6 | 82,509.2 | 89,798.5 | 98,152.4 | 7.3% |
| Overall | 326,563.2 | 348,125.3 | 372,034.1 | 386,978.1 | 415,797.8 | 464,477.0 | 481,075.2 | 513,484.8 | 550,358.0 | 592,509.6 | 640,673.4 | 695,738.3 | 758,778.7 | 831,095.6 | 7.5% |
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