Market revenue in 2022 | USD 24,259.4 million |
Market revenue in 2030 | USD 44,679.0 million |
Growth rate | 7.9% (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 |
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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 Germany edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing application of edible oil & fats in the production of biofuels has led to the growth of the market. As part of the nation's aim to minimize greenhouse gas emissions, biofuels like biodiesel and bioethanol are blended with fossil fuels like diesel and gasoline to cut down on road vehicle emissions.
Using biodiesel, which is frequently made from rapeseed oil or leftover vegetable oils, and bioethanol, which is frequently made from grains, oil companies can partially meet their greenhouse gas reduction targets.
Rising consumer awareness regarding the nutritional benefits of edible oil & fats and growing preference for the same, increasing disposable income, and changes in lifestyle all have a favorable effect on Germany's market for edible oils and fats.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany edible oil and fats market , including forecasts for subscribers. This country databook contains high-level insights into Germany edible oil and fats market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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