Plant-Based Fats Market is expected to reach US$ 258.9 billion by 2030 | Major Companies - Cargill, Inc., ADM, Bunge Limited, IOI Group.

Market Size and Growth:

The Global Plant-Based Fats Market size reached US$ 70.8 billion in 2022 and is expected to reach US$ 258.9 billion by 2030, growing with a CAGR of 17.6% during the forecast period 2024-2031.

The Plant-Based Fats Market refers to the global industry involved in the production, processing, and distribution of fats and oils derived from plant sources such as soybeans, palm, sunflower, coconut, canola, avocado, and nuts. These fats are widely used in food and beverage products, bakery and confectionery, dairy alternatives, cosmetics, pharmaceuticals, and animal feed. Market growth is driven by rising vegan and flexitarian diets, health-conscious consumers, sustainability concerns, and increasing demand for clean-label, cholesterol-free fat alternatives.

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Recent Key Developments of United States:

✅ January 2026: US e-commerce platforms widened access to pea- and soy-derived specialty fats, driven by demand for sustainable baking and frying options.

✅ November 2025: Ajinomoto Co., Inc. expanded its plant-based fat substitutes into the US market for bakery applications, focusing on reduced saturated fats while matching traditional performance.
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✅ October 2025: Major US retailers boosted shelf space for plant-based dairy fat alternatives from private labels, targeting price-sensitive flexitarian consumers.
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✅ September 2025: Food innovators introduced clean-label oleogels as fat substitutes in processed snacks, emphasizing unsaturated plant lipids for health appeal.​

Recent Key Developments of Japan:

✅ January 2026: Major Japanese manufacturers rolled out expanded soy- and pea-based fat blends in ready meals, catering to flexitarian and aging population needs.​

✅ November 2025: Ajinomoto launched a plant-derived oil substitute tailored for bakery and confectionery, cutting saturated fats for health-focused products.​

✅ October 2025: Ajinomoto unveiled umami-enhanced plant fat tech in meat analogs like gyudon, improving flavor in traditional Japanese dishes.​

✅ September 2025: Marukome introduced fermented soy fats with probiotics as meat alternatives, blending heritage methods with plant innovation.​

List of the Key Players in the Plant-Based Fats Market:

Cargill, Inc.
ADM
Wilmar International Limited
Bunge Limited
IOI Group
AAK AB
Fuji Oil Holdings Inc.
United Plantations Berhad
Avena Foods Limited
EFKO Group

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Plant-Based Fats Market:

By Type: Saturated, Unsaturated, Trans.

By Source: Sunflower, Coconut, Soybean, Canola, Groundnut, Palm Kernel, Others.

By Application: Snacks and Convenience Foods, Salad Dressings, Cooking and Frying, Baking, Nutritional Supplements, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Plant-Based Fats market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Plant-Based Fats Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Plant-Based Fats market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Plant-Based Fats Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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