Argentina Edible Oil And Fats Market Size & Outlook
Argentina edible oil and fats market, 2018-2030 (US$M)
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Argentina edible oil and fats market highlights
- The Argentina edible oil and fats market generated a revenue of USD 8,732.9 million in 2022 and is expected to reach USD 15,466.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, edible oil was the largest revenue generating product in 2022.
- Edible Oil is the most lucrative product segment registering the fastest growth during the forecast period.
Edible oil and fats market data book summary
| Market revenue in 2022 | USD 8,732.9 million |
| Market revenue in 2030 | USD 15,466.7 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Edible oil |
| Fastest growing segment | Edible Oil |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Edible Oil, Edible Fats |
| Key market players worldwide | Archer-Daniels Midland Co, Cargill, Bunge Global SA, Nisshin Oillio Group Ltd, Kaneka Corp, Associated British Foods PLC, Grain Processing Corporation, Adani Wilmar, Borges, Apetit Group |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.9% of the global edible oil and fats market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil edible oil and fats market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 13,297.5 million by 2030.
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Edible Oil And Fats Market Scope
Edible Oil And Fats Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 Argentina edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is among the top exporters of bulk edible oils to industrialized nations and is a significant producer of oil. According to the OECD, the bulk edible oil industry in the country directly employs more than 10,000 people and contributes around 3% of Argentina's GDP.
Argentina sends more than 80% of its edible oil to nations outside of South America, with Japan and Saudi Arabia accounting for half of its exports to Asia. Additionally, 40% of Argentina's total edible oil exports come from these two nations.
The primary cause of death in Argentina is cardiovascular disease and reducing trans-fat consumption has become a major priority. Customers are adopting organic edible oils and fats due to their nutritional benefits.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina edible oil and fats market , including forecasts for subscribers. This country databook contains high-level insights into Argentina edible oil and fats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina edible oil and fats market size, by product, 2017-2030 (US$M)
Argentina Edible Oil And Fats Market Outlook Share, 2022 & 2030 (US$M)
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