Vegetable Oil Trends and Forecast
The future of the global vegetable oil market looks promising with opportunities in the food, feed, and industrial markets. The global vegetable oil market is expected to reach an estimated $586 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are changing consumer preference for healthier oils and rising health consciousness among consumers.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Vegetable Oils by Segment
The study includes a forecast for the global vegetable oil by type, application, and region.Vegetable Oil Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Palm Oil
- Soybean Oil
- Rapeseed Oil
- Sunflower Oil
- Olive Oil
- Others
Vegetable Oil Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Food
- Feed
- Industrial
Vegetable Oil Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Vegetable Oils Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vegetable oil companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vegetable oil companies profiled in this report include-- Sime Darby Plantation Berhad
- Wilmar International
- Bunge
- Golden Agri-Resources
- Archer Daniels Midland Company
Vegetable Oil Market Insights
The publisher forecasts that palm oil will remain the largest segment over the forecast period due to its increasing application in frying and baking and as an ingredient in processed foods like snacks and confectionery items.Within this market, food will remain the largest segment as it is highly used as frying mediums due to their high smoke points and are also suitable for deep-frying items.
APAC will remain the largest region over the forecast period due to growing demand for better quality and diverse food products and rising health awareness among people.
Features of the Global Vegetable Oil Market
- Market Size Estimates: Vegetable oil market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Vegetable oil market size by type, application, and region in terms of value ($B).
- Regional Analysis: Vegetable oil market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the vegetable oil market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vegetable oil market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the vegetable oil market size?Answer: The global vegetable oil market is expected to reach an estimated $586 billion by 2030.
Q2. What is the growth forecast for vegetable oil market?
Answer: The global vegetable oil market is expected to grow with a CAGR of 7.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vegetable oil market?
Answer: The major drivers for this market are changing consumer preference for healthier oils and rising health consciousness among consumers.
Q4. What are the major segments for vegetable oil market?
Answer: The future of the vegetable oil market looks promising with opportunities in the food, feed, and industrial markets.
Q5. Who are the key vegetable oil market companies?
Answer: Some of the key vegetable oil companies are as follows:
- Sime Darby Plantation Berhad
- Wilmar International
- Bunge
- Golden Agri-Resources
- Archer Daniels Midland Company
Answer: The publisher forecasts that palm oil will remain the largest segment over the forecast period due to its increasing application in frying and baking and as an ingredient in processed foods like snacks and confectionery items.
Q7. In vegetable oil market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing demand for better quality and diverse food products and rising health awareness among people.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vegetable oil market by type (palm oil, soybean oil, rapeseed oil, sunflower oil, olive oil, and others), application (food, feed, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Vegetable Oil Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Sime Darby Plantation Berhad
- Wilmar International
- Bunge
- Golden Agri-Resources
- Archer Daniels Midland Company
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
