openPR Logo
Press release

Global Edible Oils Market Size, Growth, Industry Trends | Emergen Research

12-04-2024 12:36 PM CET | Food & Beverage

Press release from: Emergen Research

Global Edible Oils Market Size, Growth, Industry Trends |

The Evolution of Edible Oils Market: Trends, Innovations, and Industry Applications

The edible oils market is a vital component of the global food and beverage industry, driven by increasing consumer demand for healthier cooking alternatives, diverse applications in food preparation, and the growth of the global population. Positioned at the intersection of nutrition and culinary practices, the edible oils market continues to evolve with advancements in extraction techniques, enhanced nutritional profiles, and sustainability initiatives.

Download Free Exclusive Sample PDF@ https://www.emergenresearch.com/request-sample/3038

Key Innovations and Benefits in Edible Oils

Edible oils bring significant value to food production, offering high versatility in cooking, frying, baking, and raw consumption. Recent innovations in the market include:

Cold-pressed extraction techniques that preserve nutrients and flavors.
Fortified oils enriched with vitamins and Omega-3 fatty acids to cater to health-conscious consumers.
Sustainable production practices, including the use of renewable energy and waste minimization during the extraction process.
Blended oils that combine the benefits of multiple oils to enhance functionality and taste.
The adoption of these advancements ensures a better balance between quality, health benefits, and environmental sustainability.

Market Drivers: Health Trends and Diverse Applications

Several factors are driving the growth of the edible oils market, including:

Health-conscious Consumers
Increasing awareness of the health benefits of oils like olive oil, avocado oil, and flaxseed oil is driving demand. Oils with low saturated fat content and rich in antioxidants are particularly gaining traction.

Rising Demand for Processed Foods
With the growth of ready-to-eat and processed food markets, edible oils play a critical role in enhancing shelf life, flavor, and texture of food products.

Economic Growth in Emerging Markets
Rapid urbanization and changing dietary habits in countries such as India, China, and Brazil are boosting the demand for edible oils.

Sustainability Initiatives
Innovations in sustainable palm oil production and certifications like RSPO (Roundtable on Sustainable Palm Oil) are helping to address environmental concerns while ensuring supply chain traceability.

Market Challenges: Environmental and Health Concerns

While the edible oils market continues to grow, it faces several challenges:

Environmental Impact: Unsustainable farming practices, especially in palm oil production, lead to deforestation and biodiversity loss.
Health Concerns: High consumption of refined oils has been linked to lifestyle diseases such as obesity and cardiovascular issues, pushing consumers towards unrefined and cold-pressed alternatives.
Price Volatility: Dependence on agricultural yields makes the market susceptible to price fluctuations driven by weather changes, trade policies, and geopolitical issues.

Interested in knowing more relevant information? Click here: https://www.emergenresearch.com/industry-report/edible-oils-market

Edible Oils Market Segments

Product Type Segment: Vegetable Oil Dominates
Vegetable oils, including palm oil, soybean oil, sunflower oil, and canola oil, hold the largest share in the market. Specialty oils like olive oil and coconut oil are gaining momentum due to their perceived health benefits.

Application Segment: Food Industry Leads
The food industry accounts for the majority of edible oil consumption, with its usage in cooking, baking, frying, and processed food production. Beyond food, edible oils find applications in cosmetics, biodiesel, and pharmaceuticals.

Distribution Channel Segment: Retail Channels at the Forefront
Supermarkets, hypermarkets, and online retail platforms are the primary distribution channels for edible oils, catering to rising consumer demand for convenience and variety.

End-Use Segment: Household and Industrial Applications
Household: Growing preference for healthy oils is reshaping purchasing patterns.

Industrial: Bakery, snack manufacturing, and confectionery are significant end-users.

Regional Insights

North America
U.S. and Canada lead the consumption of specialty oils like canola and avocado oil.
Increasing interest in organic and non-GMO oils is driving market growth.
Europe
Olive oil dominates due to the Mediterranean dietary influence.
Demand for sustainable and certified oils is on the rise.
Asia Pacific
India and China are major consumers of palm and soybean oil due to high population and culinary diversity.
Growing disposable income is driving premium oil adoption.
Middle East & Africa
Rising awareness about health benefits is fueling the demand for sunflower and olive oil.
Import dependence remains a key factor influencing the market.
Latin America
Brazil and Argentina are key producers of soybean oil, catering to global and regional demand.

To Customized Report Market: @ https://www.emergenresearch.com/request-for-customization/3038

Competitive Landscape

The global edible oils market is marked by intense competition and a growing focus on innovation and sustainability. Major players are investing in advanced extraction technologies, product diversification, and sustainable practices.

Key companies include:

Archer Daniels Midland Company
Bunge Limited
Wilmar International
Cargill, Incorporated
Adani Wilmar Limited
Sime Darby Plantation
Ruchi Soya Industries
Marico Limited
Fuji Oil Holdings
Louis Dreyfus Company

Recent Industry Updates

On May 3, 2024, Bunge Limited announced a $200 million investment to expand its soybean oil production facilities in North America to meet growing consumer demand.
On June 14, 2024, Marico Limited launched a fortified sunflower oil aimed at enhancing immunity, targeted at the Indian market.
On April 25, 2024, RSPO revealed updated sustainability guidelines for palm oil producers, focusing on reducing environmental impact and ensuring worker welfare.
Market Forecast and Segmentation

The comprehensive market analysis spans:

Product Type Outlook (Revenue, USD Billion; 2020-2033)
Palm Oil
Soybean Oil
Sunflower Oil
Olive Oil
Coconut Oil
Canola Oil
Others

Application Outlook (Revenue, USD Billion; 2020-2033)
Food and Beverages
Industrial
Pharmaceuticals
Cosmetics

Distribution Channel Outlook (Revenue, USD Billion; 2020-2033)
Supermarkets & Hypermarkets
Online Retail
Convenience Stores

Regional Outlook (Revenue, USD Billion; 2020-2033)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Look Over transcripts provided by Emergen Research

Edible Oils Market Size- https://www.emergenresearch.com/industry-report/edible-oils-market/market-size
Edible Oils Market Share- https://www.emergenresearch.com/industry-report/edible-oils-market/market-share
Edible Oils Market Trends- https://www.emergenresearch.com/industry-report/edible-oils-market/market-trends
Edible Oils Regional Market Demand- https://www.emergenresearch.com/industry-report/edible-oils-market/regional-market-demand

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:
14671 110 Avenue, Surrey, British Columbia, V3R2A9
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Edible Oils Market Size, Growth, Industry Trends | Emergen Research here

News-ID: 3771394 • Views:

More Releases from Emergen Research

Global Internet of Things (IoT) in Healthcare Market to Reach USD 299.05 Billion in 2023, Set for Strong Growth at 16.5% CAGR
Global Internet of Things (IoT) in Healthcare Market to Reach USD 299.05 Billion …
The global Internet of Things (IoT) in Healthcare Market was valued at USD 299.05 billion in 2023 and is expected to grow at a CAGR of 16.5% during the forecast period. This growth is fueled by the rising use of connected healthcare devices, increasing demand for early disease detection through remote monitoring, and growing adoption of artificial intelligence (AI) tools within IoT-based healthcare systems. The market is also benefiting from the
Global Stem Cell Therapy Market to Reach USD 49.2 Billion by 2034, Growing at 13.6% CAGR
Global Stem Cell Therapy Market to Reach USD 49.2 Billion by 2034, Growing at 13 …
The global Stem Cell Therapy Market, valued at USD 13.7 billion in 2024, is projected to reach USD 49.2 billion by 2034, expanding at a compound annual growth rate (CAGR) of 13.6%. Growth is being fueled by the rising burden of chronic diseases, rapid progress in cell-based studies, and increasing investments in regenerative medicine and personalized healthcare solutions. Stem cell therapies offer the ability to repair, replace, or restore damaged tissues
Artificial Intelligence Strengthens Cybersecurity as Threats Grow More Sophisticated
Artificial Intelligence Strengthens Cybersecurity as Threats Grow More Sophistic …
The global Artificial Intelligence in cybersecurity market size was USD 23.8 Billion in 2023 and is expected to reach a market valuation of USD 29.44 billion by the end of 2024 registering a CAGR of 23.7% during the forecast period. The adoption of Artificial Intelligence (AI) in cybersecurity is rapidly gaining traction as organizations worldwide face increasingly complex and frequent cyber threats. By combining advanced technologies such as Machine Learning
Global Regenerative Medicine Market to Reach USD 125.6 Billion by 2034, Growing at 13.9% CAGR
Global Regenerative Medicine Market to Reach USD 125.6 Billion by 2034, Growing …
The global regenerative medicine market, valued at USD 34.2 billion in 2024, is set to grow to USD 125.6 billion by 2034, expanding at a compound annual growth rate (CAGR) of 13.9%. Growth is being fueled by rising approvals of advanced therapies, strong demand for personalized treatments in cancer and orthopedics, and expanding cell and gene therapy manufacturing across major markets such as North America, Europe, and Asia. Once seen as

All 5 Releases


More Releases for Oil

Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil …
In recent years, the production capacity for hydraulic oil has increased significantly across the globe. Moreover, the Group II and III base oils are primarily gaining popularity for utilization in lubricant formulations for automatic transmission engines, heavy-duty trucks, and passenger automobiles. Therefore, these determinants are expected to for drive the development of the global hydraulic oil market in the anticipated period. Global Hydraulic Oil Market was valued at USD 10.47 billion in 2021
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New …
This Cosmetic Oil Market research report is one of the best and wide-ranging, which provides market insights by considering numerous factors. Therefore, businesses can get important market insights cost-effectively with the help of the Cosmetic Oil Market research report. Such a persuasive report is the best to gain a competitive advantage in this quickly transforming marketplace. In addition, the report also provides market segmentation based on type and end-user. The
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028. Glance our 200 slides market research and competitive intelligence research report,
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic …
Sustainable Palm Oil Market The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants. The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,