PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1793576
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1793576
The Global Edible Oils Market is valued at approximately USD 116.7 billion in 2024 and is projected to expand at a compelling CAGR of 6.50% during the forecast period from 2025 to 2035. Edible oils-an indispensable ingredient in global culinary practices-have evolved beyond their basic role of cooking mediums into health-affirming, value-added commodities. As consumer consciousness around nutrition, heart health, and sustainability intensifies, manufacturers are being compelled to refine oil production processes and source from cleaner, traceable, and non-GMO supply chains. The market is experiencing an influx of cold-pressed, organic, and fortified variants as demand from health-conscious millennials and aging populations continues to shift away from hydrogenated and high-trans-fat oils.
Driven by the thriving food processing sector and a resurging global foodservice industry, edible oils are witnessing accelerated usage in packaged foods, bakery, snacks, and ready-to-eat meals. Fast-paced lifestyles and urbanization have amplified reliance on processed foods, thereby increasing demand for stable, long-shelf-life oils such as palm, sunflower, and canola. Simultaneously, the rise in Mediterranean and flexitarian diets has pushed the demand for olive and specialty blended oils known for their functional health benefits. Innovations in enzymatic degumming, fractionation, and deodorization are further transforming product purity and flavor retention, bolstering adoption across diverse end-user verticals.
Regionally, North America continues to hold a substantial market share, underpinned by robust foodservice infrastructure, consumer inclination toward premium oils such as avocado and olive, and rapid product diversification by regional brands. Europe follows closely, propelled by stringent food safety regulations, increasing preference for organic oils, and a shift toward plant-based diets in markets like Germany, France, and the UK. However, the Asia Pacific region is projected to exhibit the fastest growth rate, attributed to a booming middle-class population, aggressive retail expansion, and rising demand for palm and soybean oils in populous economies like India, China, and Indonesia. Moreover, local governments are investing heavily in oilseed cultivation and processing to reduce import dependency and boost domestic self-sufficiency.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.