Europe Edible Oil And Fats Market Size & Outlook
Europe edible oil and fats market, 2018-2030 (US$M)
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Europe edible oil and fats market highlights
- The Europe edible oil and fats market generated a revenue of USD 100,369.9 million in 2022.
- The market is expected to grow at a CAGR of 7.7% 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.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 100,369.9 million |
| Market revenue in 2030 | USD 181,843.7 million |
| Growth rate | 7.7% (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 |
| 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, Europe region accounted for 21.6% of the global edible oil and fats market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 181,843.7 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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Europe 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 Europe edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2018 to 2030.
The rising consumption of premium cooking and edible oils among health-conscious consumers is a major factor driving the market. The market is also propelled by the increasing application of edible oils and fats in numerous industries, including food, biofuel, animal feed, and cosmetics.
The increasing consumption of fats and oils in the European food & beverage industry can be attributed to the rising demand for processed and convenience foods. Natural vegetable oil is gaining popularity as people are becoming more aware of the harmful consequences of consuming unprocessed and saturated fats.
The market for edible oil & fats is also considerably driven by its application for the production of biofuel. The Renewable Energy Directive (RED) has played a significant role in the EU's utilization of vegetable oil for biofuel.
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Target buyers of Europe 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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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 continent-level data and insights on the Europe edible oil and fats market , including forecasts for subscribers. This continent databook contains high-level insights into Europe edible oil and fats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe edible oil and fats market size, by country, 2017-2030 (US$M)
Europe Edible Oil And Fats Market Outlook Share, 2022 & 2030 (US$M)
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