Vegetable Oil Market in North America 2024-2028

Description

List of Tables

The vegetable oil market in North America is forecasted to grow by USD 12.45 bn during 2023-2028, accelerating at a CAGR of 3.93% during the forecast period. The report on the vegetable oil market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of vegetable oils in non-food applications, expansion of e-commerce platforms for purchasing food and groceries, and raising awareness of health benefits associated with vegetable oils.

Technavio's vegetable oil market in North America is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.67%
CAGR	3.93%
Incremental Value	$12.45bn

By Distribution Channel

Offline
Online

By Type

Palm oil
Soybean oil
Canola oil
Sunflower oil
Others

This study identifies the demand for clean-label vegetable oil products as one of the prime reasons driving the vegetable oil market in North America growth during the next few years. Also, advances in extraction technologies in production of vegetable oil and increasing consumer demand for transparency and traceability in food supply chain will lead to sizable demand in the market.

The report on the vegetable oil market in North America covers the following areas:

Vegetable oil market in North America sizing
Vegetable oil market in North America forecast
Vegetable oil market in North America industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vegetable oil market in North America vendors that include Archer Daniels Midland Co., Azelis SA, Bulk Apothecary, Bunge Ltd., Cargill Inc., CHS Inc., ELIXENS GROUP, Fuji Oil Co. Ltd., Jedwards International Inc., Louis Dreyfus Co. BV, Olam Group Ltd., Ravago Chemicals, The Clorox Co., Unilever PLC, Wilmar International Ltd., Cheryls Herbs, Hybco USA, The Procter and Gamble Co., and Welch Holme and Clark Co. Inc.. Also, the vegetable oil market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77616

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Vegetable oil market in North America 2018 - 2022
4.2 Distribution Channel Segment Analysis 2018 - 2022
4.3 Type Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Distribution Channel

6.1 Market segments
6.2 Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
6.4 Online - Market size and forecast 2023-2028
6.5 Market opportunity by Distribution Channel

7 Market Segmentation by Type

7.1 Market segments
7.2 Comparison by Type
7.3 Palm oil - Market size and forecast 2023-2028
7.4 Soybean oil - Market size and forecast 2023-2028
7.5 Canola oil - Market size and forecast 2023-2028
7.6 Sunflower oil - Market size and forecast 2023-2028
7.7 Others - Market size and forecast 2023-2028
7.8 Market opportunity by Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 US - Market size and forecast 2023-2028
9.4 Canada - Market size and forecast 2023-2028
9.5 Mexico - Market size and forecast 2023-2028
9.6 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Archer Daniels Midland Co.
12.4 Azelis SA
12.5 Bulk Apothecary
12.6 Cargill Inc.
12.7 Cheryls Herbs
12.8 CHS Inc.
12.9 ELIXENS GROUP
12.10 Fuji Oil Co. Ltd.
12.11 Jedwards International Inc.
12.12 Louis Dreyfus Co. BV
12.13 Olam Group Ltd.
12.14 The Procter and Gamble Co.
12.15 Unilever PLC
12.16 Welch Holme and Clark Co. Inc.
12.17 Wilmar International Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations