Asia Pacific Vegetable Oil Market Size & Outlook
Asia Pacific vegetable oil market highlights
- The Asia Pacific vegetable oil market generated a revenue of USD 180.8 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, palm oil was the largest revenue generating type in 2023.
- Palm Oil is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 180.8 million |
| Market revenue in 2030 | USD 258.9 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Palm oil |
| Fastest growing segment | Palm Oil |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Palm Oil |
| Key market players worldwide | Archer Daniels Midland Company, Sime Darby Plantation, Bunge Global SA, OLAM International, Cargill, Golden Agri-Resources Ltd, Kuala Lumpur Kepong Bhd, Fuji Oil Co Ltd, Wilmar International Ltd, PT Astra Agro Lestari Tbk |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 56.7% of the global vegetable oil 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 258.9 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
Vegetable Oil Market Scope
Vegetable Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PT Astra Agro Lestari Tbk | View profile | 30025 | Jalan Puloayang Raya Blok OR-1, Kawasan Industri Pulogadung, Jakarta, Indonesia, 13930 | https://www.astra-agro.co.id |
| Fuji Oil Co Ltd | View profile | 702 | Tennozu Parkside Building, 5-8, Higashishinagawa 2-chome, Shinagawa-ku, Tokyo, Japan, 140-0002 | http://www.foc.co.jp |
| Sime Darby Plantation | View profile | 11-50 | Petaling Jaya, Selangor, Malaysia, Asia | http://www.simedarbyplantation.com |
| Archer Daniels Midland Company | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.adm.com |
| Golden Agri-Resources Ltd | View profile | 100800 | C/o IQ EQ Corporate Services (Mauritius) Ltd, 33 Edith Cavell Street, Port Louis, Mauritius, 11324 | https://www.goldenagri.com.sg |
| Kuala Lumpur Kepong Bhd | View profile | 63864 | No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, Malaysia, 30000 | https://www.klk.com.my |
| OLAM International | View profile | 10001+ | Pudong, Shandong, China, Asia | http://olamgroup.com/ |
| Bunge Global SA | View profile | 23000 | 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 | https://www.bunge.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Wilmar International Ltd | View profile | 100000 | 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 | https://www.wilmar-international.com |
Asia Pacific vegetable oil 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 vegetable oil market will help companies and investors design strategic landscapes.
Palm oil was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific vegetable oil market based on palm oil covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific vegetable oil market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific vegetable oil market databook
-
Our clientele includes a mix of vegetable oil market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Asia Pacific vegetable oil market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific vegetable oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Related 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
