Press release
Cooking Oil Market Market Size, Share, Trends, and Forecast: 2024-2031 - Cargill Inc., Archer Daniels Midland Company, Bunge Limited
Cooking Oil Market || 2024-2031
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The Cooking Oil market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The growth of e-commerce platforms is accelerating the cooking oil market, with developments like the Fortune online app launched by Adani Group and Wilmar International in May 2021, making online shopping easier for consumers. Rising health concerns over animal fats and the impact of high saturated fats on cholesterol are pushing demand for vegetable and plant-based oils. Additionally, urbanization, higher disposable incomes, and increased interest in fortified, healthier oils are fueling the global cooking oil market's expansion.
Key Developments:
In April 2023, Australian company Plenty Foods introduced a super high oleic safflower oil, praised for its excellent cooking qualities and health benefits.
In February 2023, Cargill India launched Gemini Pureit, a sunflower oil brand, targeting the South Indian market.
In October 2022, American retailer Natural Grocers expanded its offerings with Organic Extra Virgin Unrefined Coconut Oil.
In April 2021, Cargill Inc. announced the construction of a new rapeseed processing plant in Regina, Saskatchewan, to boost rapeseed oil production.
Forecast Growth Projected:
The Global Cooking Oil Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Cooking Oil Market:
Cargill Inc., Archer Daniels Midland Company, Bunge Limited, Wilmar International Ltd., FUJI OIL CO. LTD., ConAgra Brands, Inc., IFFCO Group, Ottogi Co. Ltd., Associated British Foods plc, and C J Cheiljedang Corporation.
Segment Covered in the Cooking Oil Market:
By Type: Soy Oil, Sunflower Oil, Peanut Oil, Palm Oil, Canola/Rapeseed Oil, Corn Oil, Coconut Oil, Others
By Application: Household, Food Service Outlets, Food Processing
Regional Analysis:
The global Cooking Oil Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Cooking Oil Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Cooking Oil Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Cooking Oil manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Cooking Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Cooking Oil Market?
The Cooking Oil Market size was USD 182.2 billion in 2023. It is expected to reach USD 279.6 billion in 2031.
How fast is the Cooking Oil Market growing?
The Cooking Oil Market will exhibit a CAGR of 5.5% during the forecast period, 2024-2031.
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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