Spain Edible Oil And Fats Market Size & Outlook, 2022-2030
Spain edible oil and fats market, 2018-2030 (US$M)
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Spain edible oil and fats market highlights
- The Spain edible oil and fats market generated a revenue of USD 5,269.4 million in 2022 and is expected to reach USD 9,401.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.5% 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 5,269.4 million |
| Market revenue in 2030 | USD 9,401.3 million |
| Growth rate | 7.5% (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, Spain accounted for 1.1% 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 Europe, Germany edible oil and fats market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 29,804.2 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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Spain 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 Spain edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2018 to 2030.
The edible oil & fats market in Spain is positively impacted by changes in lifestyle, rising disposable income, and increased consumer knowledge about the benefits of a healthy and nutritious diet. Spain has the most varieties of olive oil because it was the first country to produce this product.
There are 262 categorized and documented types, some of which are used to make food and others only for oil production. According to data published by the National Association of Edible Oil Bottlers and Refiners (Anierac), a total of 232 million liters of olive oil were sold in the first eight months of 2021.
Approximately half of all bottled vegetable oil sales in 2020 were bottled olive oil, which accounted for 27.2 million liters of total sales. Extra virgin olive oil made up 11.4 million liters of this; the remaining sales included virgin and blended olive oils.
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Target buyers of Spain 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 country-level data and insights on the Spain edible oil and fats market , including forecasts for subscribers. This country databook contains high-level insights into Spain edible oil and fats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain edible oil and fats market size, by product, 2017-2030 (US$M)
Spain Edible Oil And Fats Market Outlook Share, 2022 & 2030 (US$M)
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