North America Specialty Fats & Oils Market Size & Outlook
The specialty fats & oils market in North America is expected to reach a projected revenue of US$ 5,578.8 million by 2030. A compound annual growth rate of 7.4% is expected of North America specialty fats & oils market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,373.9
Forecast, 2030 (US$M)
$5,578.8
CAGR, 2024 - 2030
7.4%
Report Coverage
North America
North America specialty fats & oils market, 2018-2030 (US$M)
North America specialty fats & oils market highlights
- The North America specialty fats & oils market generated a revenue of USD 3,373.9 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, specialty oils was the largest revenue generating type in 2023.
- Specialty Oils is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 3,373.9 million |
| Market revenue in 2030 | USD 5,578.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Specialty oils |
| Fastest growing segment | Specialty Oils |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Oils |
Other key industry trends
- In terms of revenue, North America region accounted for 23.9% of the global specialty fats & oils market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,032.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Specialty Fats & Oils Market Scope
Specialty fats & oils market segmentation & scope
Distribution Channel
Confectionery
Dairy
Countries
U.S.
Canada
Mexico
UK
France
Germany
Denmark
Italy
Norway
Sweden
Spain
India
China
Japan
Thailand
South Korea
Australia
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Specialty Fats & Oils Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America specialty fats & oils market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
