PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1778493
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1778493
Edible Oils And Fats Market Introduction and Overview
According to SPER Market Research, 'Global Edible Oils & Fats Market Size - By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' the Global Edible Oils & Fats Market is estimated to reach USD 1002.28 billion by 2034 with a CAGR of 6.15%.
Edible oils and fats play a vital role in food preparation and manufacturing, coming from both vegetable sources like palm, soybean, olive, and sunflower, as well as animal-derived fats such as butter and lard. They enhance taste, texture, and nutritional value in a wide range of food products. The market is expanding due to growing consumer interest in healthier eating habits and a preference for natural, plant-based, and clean-label ingredients.
Restraints: The growth of the edible oils and fats market is confronted by various obstacles that could slow its progress. Price volatility of key raw materials, often caused by unpredictable weather patterns and geopolitical tensions, disrupts supply chains and raises production costs. Environmental issues, particularly linked to palm oil farming, have led to increased scrutiny and stricter regulations on sustainable sourcing.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Type, By Application
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered ACH Food Companies, Inc, Archer Daniels Midland Company (ADM), Bunge Limited, Cargill Inc, Conagra Brands, Inc, Fuji Oil Co, Ltd, GrainCorp, IOI Corporation Berhad, Louis Dreyfus Company B.V, The Nisshin Oillio Group Ltd.
Global Edible Oils & Fats Market Segmentation:
By Type: Based on the Type, Global Edible Oils & Fats Market is segmented as; Vegetable oils, Animal fats.
By Application: Based on the Application:, Global Edible Oils & Fats Market is segmented as; Bakery and confectionery, Snacks, Meat products, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.