Product Code: ETC13406195 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Edible Oils Market was valued at USD 120.4 Billion in 2024 and is expected to reach USD 165.3 Billion by 2031, growing at a compound annual growth rate of 6.20% during the forecast period (2025-2031).
The global edible oils market is experiencing steady growth, driven by factors such as increasing consumer awareness of the health benefits of different oils, rising demand for natural and organic food products, and the expanding food processing industry. Key players in the market are focusing on product innovation, sustainable sourcing practices, and expanding their distribution networks to cater to a diverse consumer base. The major types of edible oils dominating the market include palm oil, soybean oil, canola oil, and sunflower oil. Asia Pacific region holds a significant share in the market due to the high consumption of edible oils in countries like India and China. The market is expected to witness further growth with the rising trend of plant-based diets and the increasing popularity of cooking oils with functional benefits.
The Global Edible Oils Market is experiencing a shift towards healthier options such as olive oil, avocado oil, and coconut oil due to increasing consumer awareness of the health benefits associated with these oils. There is also a growing demand for organic and non-GMO edible oils as consumers become more conscious of the source and production methods of their food products. Additionally, the rise of plant-based diets and the trend towards clean-label and natural ingredients present opportunities for manufacturers to innovate and introduce new varieties of edible oils. The market is also witnessing a surge in online retail channels, providing a convenient platform for consumers to access a wide range of edible oils from around the world, thus opening up new avenues for market expansion and global reach.
The Global Edible Oils Market faces several challenges including fluctuating prices of raw materials, increasing competition from alternative oils such as plant-based oils, shifting consumer preferences towards healthier options, and stringent regulations related to food safety and sustainability. Additionally, the market is also affected by geopolitical factors, climate change impacting crop yields, and supply chain disruptions. Companies operating in the edible oils market need to continuously innovate to meet changing consumer demands, maintain competitive pricing strategies, ensure quality and safety standards, and adapt to evolving regulatory requirements. Overall, the market dynamics are complex and require careful strategic planning and risk management to navigate effectively.
The Global Edible Oils Market is primarily driven by factors such as the increasing demand for healthy and organic cooking oils due to growing health consciousness among consumers. The rise in disposable income levels, rapid urbanization, and changing dietary preferences towards plant-based oils are also contributing to the market growth. Additionally, the expanding food industry, particularly in developing regions, is fueling the demand for edible oils for cooking, frying, and food processing purposes. Moreover, the growing awareness about the benefits of different types of edible oils, such as olive oil, coconut oil, and avocado oil, in preventing various health issues is further propelling market expansion. Technological advancements in oil extraction processes and sustainable production practices are key trends driving the growth of the Global Edible Oils Market.
Government policies related to the Global Edible Oils Market vary across countries and regions, but some common trends include regulations on labeling, quality standards, and import/export restrictions. Many countries have implemented initiatives to promote sustainable production practices, such as the certification of sustainable palm oil or support for smallholder farmers. Additionally, some governments have imposed tariffs or quotas on edible oil imports to protect domestic industries. Food safety regulations and restrictions on certain types of oils, such as trans fats, also play a role in shaping the market. Overall, government policies in the Global Edible Oils Market aim to ensure consumer safety, promote sustainability, and support local agriculture while also addressing global trade dynamics and market competition.
The Global Edible Oils Market is expected to witness steady growth in the coming years due to increasing consumer awareness regarding the health benefits of using natural oils in cooking and food preparation. The market is anticipated to be driven by factors such as the growing demand for plant-based oils, rising disposable incomes in emerging economies, and the expanding food industry. Additionally, the shift towards healthier eating habits and the rising popularity of ethnic cuisines are likely to further propel the market growth. Technological advancements in oil extraction processes, along with the increasing focus on sustainable and environmentally friendly production methods, are also expected to play a significant role in shaping the future of the global edible oils market.
In the Global Edible Oils Market, Asia holds a significant share driven by the high consumption of cooking oils in countries like India, China, and Indonesia. North America and Europe are witnessing a shift towards healthier oil options such as olive oil and avocado oil, driven by increasing health consciousness among consumers. The Middle East and Africa region is experiencing growth due to the rising demand for palm oil and sunflower oil in countries like Nigeria and Egypt. In Latin America, countries like Brazil and Argentina are major producers of soybean oil and are key players in the global market. Overall, the edible oils market in these regions is influenced by factors such as changing dietary preferences, health trends, and economic growth.
Global Edible Oils Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Edible Oils Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Edible Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Global Edible Oils Market - Industry Life Cycle |
3.4 Global Edible Oils Market - Porter's Five Forces |
3.5 Global Edible Oils Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Edible Oils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Edible Oils Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Global Edible Oils Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Edible Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Edible Oils Market Trends |
6 Global Edible Oils Market, 2021 - 2031 |
6.1 Global Edible Oils Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Edible Oils Market, Revenues & Volume, By Palm Oil, 2021 - 2031 |
6.1.3 Global Edible Oils Market, Revenues & Volume, By Soybean Oil, 2021 - 2031 |
6.1.4 Global Edible Oils Market, Revenues & Volume, By Sunflower Oil, 2021 - 2031 |
6.1.5 Global Edible Oils Market, Revenues & Volume, By Rapeseed Oil, 2021 - 2031 |
6.1.6 Global Edible Oils Market, Revenues & Volume, By Olive Oil, 2021 - 2031 |
6.2 Global Edible Oils Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Edible Oils Market, Revenues & Volume, By Pouches, 2021 - 2031 |
6.2.3 Global Edible Oils Market, Revenues & Volume, By Jars, 2021 - 2031 |
6.2.4 Global Edible Oils Market, Revenues & Volume, By Cans, 2021 - 2031 |
6.2.5 Global Edible Oils Market, Revenues & Volume, By Bottles, 2021 - 2031 |
6.3 Global Edible Oils Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Edible Oils Market, Revenues & Volume, By Domestic, 2021 - 2031 |
6.3.3 Global Edible Oils Market, Revenues & Volume, By Food Service , 2021 - 2031 |
6.3.4 Global Edible Oils Market, Revenues & Volume, By Industrial, 2021 - 2031 |
7 North America Edible Oils Market, Overview & Analysis |
7.1 North America Edible Oils Market Revenues & Volume, 2021 - 2031 |
7.2 North America Edible Oils Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Edible Oils Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Edible Oils Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Edible Oils Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Edible Oils Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Edible Oils Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
7.5 North America Edible Oils Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Edible Oils Market, Overview & Analysis |
8.1 Latin America (LATAM) Edible Oils Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Edible Oils Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Edible Oils Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Edible Oils Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Edible Oils Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Edible Oils Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Edible Oils Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Edible Oils Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
8.5 Latin America (LATAM) Edible Oils Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Edible Oils Market, Overview & Analysis |
9.1 Asia Edible Oils Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Edible Oils Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Edible Oils Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Edible Oils Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Edible Oils Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Edible Oils Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Edible Oils Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Edible Oils Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
9.5 Asia Edible Oils Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Edible Oils Market, Overview & Analysis |
10.1 Africa Edible Oils Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Edible Oils Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Edible Oils Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Edible Oils Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Edible Oils Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Edible Oils Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Edible Oils Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Edible Oils Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
10.5 Africa Edible Oils Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Edible Oils Market, Overview & Analysis |
11.1 Europe Edible Oils Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Edible Oils Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Edible Oils Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Edible Oils Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Edible Oils Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Edible Oils Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Edible Oils Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Edible Oils Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
11.5 Europe Edible Oils Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Edible Oils Market, Overview & Analysis |
12.1 Middle East Edible Oils Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Edible Oils Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Edible Oils Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Edible Oils Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Edible Oils Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Edible Oils Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Edible Oils Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
12.5 Middle East Edible Oils Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Edible Oils Market Key Performance Indicators |
14 Global Edible Oils Market - Export/Import By Countries Assessment |
15 Global Edible Oils Market - Opportunity Assessment |
15.1 Global Edible Oils Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Edible Oils Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Edible Oils Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
15.4 Global Edible Oils Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Edible Oils Market - Competitive Landscape |
16.1 Global Edible Oils Market Revenue Share, By Companies, 2024 |
16.2 Global Edible Oils Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |