Press release
Vegetable Oil Market to Hit USD 293.73 Billion by 2030 with 6.52 Percentage CAGR
Vegetable Oil Market
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ Growth
The ๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ was valued at USD 188.77 billion in 2023 and is projected to grow at a robust CAGR of 6.52% from 2024 to 2030, reaching nearly USD 293.73 billion by the end of the forecast period. This growth is fueled by increasing demand for vegetable oils across food, biofuel, and industrial sectors. The rising preference for plant-based diets and sustainable energy solutions further propels the market, as manufacturers continue to innovate with eco-friendly production methods and healthier oil options to meet evolving consumer preferences.
๐๐ฑ๐๐ข๐ญ๐๐ ๐ญ๐จ ๐๐ข๐ฏ๐ ๐ข๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐๐จ๐ฏ๐๐ซ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/108821/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ:
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's Vegetable Oil Market is witnessing significant growth due to rising demand for edible oils in domestic cooking and processed food industries. Companies such as Vocarimex and KIDO Group are investing in advanced production technologies and expanding their product portfolios to cater to evolving consumer needs.
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is experiencing robust growth in the vegetable oil market, driven by increasing demand for palm and soybean oils. Key players such as Thai Vegetable Oil Public Company Limited (TVO) are focusing on expanding their processing capacities to meet growing export and domestic demands.
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
In Japan, the market is shaped by a growing preference for healthier oils such as olive and canola oils. Companies like Ajinomoto Co., Inc. and Nisshin Oillio Group are innovating with products that cater to health-conscious consumers, including oils fortified with Omega-3 and other nutrients.
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's vegetable oil industry is consolidating, with major players like CJ CheilJedang acquiring smaller firms to expand their production capacities and diversify product offerings. The demand for premium oils for cooking and cosmetics is driving further innovation in the market.
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore is emerging as a hub for sustainable vegetable oil production and trade, with companies like Wilmar International focusing on eco-friendly sourcing and processing methods. The government's emphasis on sustainability aligns with the global push for responsibly sourced vegetable oils.
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States leads the vegetable oil market, driven by its large-scale adoption in food processing and biodiesel production. Key players like Cargill, Inc. and ADM are innovating with plant-based oils and focusing on sustainable supply chains to meet regulatory and consumer demands.
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe is witnessing an increase in demand for organic and non-GMO vegetable oils, particularly in countries like Germany, France, and Italy. Companies such as Bunge Limited and Olam International are investing in sustainable production technologies and expanding their portfolios to include specialty oils.
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
by Type
Soybean Oil
Rapeseed Oil
Sunflower Oil
Palm Oil
Olive Oil
Corn oil
Peanut Oil
Coconut Oil
Others
by Applications
Food Products
Animal Feed
Cosmetics
Pharmaceuticals
Biodiesel
Others
by Distribution Channel
Direct Sales
Supermarkets
Convenience Store
Specialty Store
E-Commerce
Other
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/108821/
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Cargill, Inc.
2. Wilmar International Ltd.
3. Archer Daniels Midland Company
4. Bunge Ltd.
5. Olam International
6. Conagra Brands, Inc.
7. Hanoon Oil Factory
8. Colorado Mills
9. PPB Group Barhad
10. Oliyar Production Company
11. Delizio
12. Avril Group
13. Optimusagro Trade
14. RISOIL SA
15. Marico & Rein Oil CC
16. Macjerry Sunfloweroil Company Ltd.
17. KAISSA Oil
18. Parakh Group
๐ ๐จ๐ซ ๐๐๐๐ฉ๐๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฉ๐๐ซ๐ฎ๐ฌ๐ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-vegetable-oil-market/108821/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Vegetable Oil?
What is the growth rate of the Vegetable Oil Market?
What was the Vegetable Oil Market size in 2024?
What are the upcoming opportunities and trends for the Vegetable Oil Market?
What are the different segments of the Vegetable Oil Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Vegetable Oil Market?
What segments are covered in the Vegetable Oil Market?
Which are the factors expected to drive the Vegetable Oil Market growth?
What growth strategies are the players considering to increase their presence in Copper?
Who are the leading companies and what are their portfolios in Vegetable Oil Market?
Who are the key players in the Vegetable Oil Market?
What is the CAGR at which the Vegetable Oil Market will grow during the forecast period?
๐๐๐ ๐๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ฐ๐ข๐ญ๐ก๐ข๐ง? ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/108821/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐๐๐ ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ :
โฆ KEFIR MARKET https://www.maximizemarketresearch.com/market-report/global-kefir-market/99168/
โฆ Global Invoice Factoring Market https://www.maximizemarketresearch.com/market-report/invoice-factoring-market/168342/
โฆ Boat Rental Market https://www.maximizemarketresearch.com/market-report/boat-rental-market/169862/
โฆ Product Engineering Services Market https://www.maximizemarketresearch.com/market-report/product-engineering-services-market/122268/
โฆ Semiconductor Memory Market https://www.maximizemarketresearch.com/market-report/semiconductor-memory-market/122409/
โฆ Sailboat Market https://www.maximizemarketresearch.com/market-report/sailboat-market/126982/
โฆ Global Vegan Cheese Market https://www.maximizemarketresearch.com/market-report/global-vegan-cheese-market/104025/
MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โ +91 9607365656
๐ sales@maximizemarketresearch.com
๐ www.maximizemarketresearch.com
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 Vegetable Oil Market to Hit USD 293.73 Billion by 2030 with 6.52 Percentage CAGR here
News-ID: 3833128 • Views: โฆ
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, F โฆ
Automotive Telematics Insurance Market size was valued at USD 101.50 Billion in 2024 and the total Automotive Telematics Insurance revenue is expected to grow at a CAGR of 15.96% from 2025 to 2032, reaching nearly USD 331.86 Billion.
Automotive Telematics Insurance Market Overview:
The Automotive Telematics Insurance Market, often referred to as Usage-Based Insurance (UBI), represents the convergence of telecommunications and informatics within the auto insurance sector. This market revolves around theโฆ
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, T โฆ
Artificial Intelligence in Agriculture Market size is expected to grow at 21.5% throughout the forecast period, reaching nearly US$ 7.88 Bn by 2030
Artificial Intelligence in Agriculture Market Overview:
The Artificial Intelligence in Agriculture market represents the integration of advanced computational technologies into farming practices to enhance efficiency, productivity, and sustainability. This market encompasses a wide array of solutions, including predictive analytics for crop yield forecasting, computer vision systems for monitoring plantโฆ
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a โฆ
Offshore Support Vessels Market size was valued at USD 2510.79 Million in 2024 and the total Offshore Support Vessels revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 4155.34 Million.
Offshore Support Vessels Industry Overview:
The offshore support vessels (OSV) industry provides a critical maritime logistical backbone for offshore oil and gas exploration and production activities, as well as a growing role in offshoreโฆ
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.2 โฆ
Commercial Vehicles Market size was valued at USD 848.63 Billion in 2024 and the total Commercial Vehicles revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1225.45 Billion.
Commercial Vehicles Market Overview:
The commercial vehicles market is a vital segment of the global automotive industry, encompassing vehicles designed primarily for transporting goods or passengers for commercial purposes. This broad category includes light commercial vehiclesโฆ
More Releases for Oil
Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil โฆ
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, andย passenger automobiles.ย 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 2021โฆ
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New โฆ
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. Theโฆ
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar โฆ
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 isโฆ
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,โฆ
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 nuttyโฆ
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic โฆ
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.ย The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,โฆ
