Product Code: ETC13291318 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Edible Oil Market was valued at USD 120 Billion in 2024 and is expected to reach USD 184.5 Billion by 2031, growing at a compound annual growth rate of 7.00% during the forecast period (2025-2031).
The Global Edible Oil Market is experiencing steady growth due to increasing consumer awareness of the health benefits associated with various types of edible oils. The market is driven by factors such as rising demand for convenience foods, growing population, and changing dietary patterns. Key players in the industry are focusing on product innovation, sustainable sourcing practices, and expanding their product portfolios to cater to a diverse consumer base. The market is characterized by intense competition, with players vying for market share through strategic partnerships, acquisitions, and investments in research and development. Major players in the market include Cargill, Wilmar International, Bunge Limited, and Archer Daniels Midland Company. Geographically, Asia Pacific dominates the market due to the high consumption of edible oils in countries like India and China.
The Global Edible Oil Market is witnessing several key trends and opportunities. Health-conscious consumers are driving demand for healthier oil options such as olive oil and avocado oil, leading to a shift away from traditional oils like palm and soybean oil. The rise of plant-based diets and increased awareness of sustainability are also influencing consumer preferences towards oils derived from sources like coconut and sunflower. Additionally, technological advancements in oil extraction processes are improving efficiency and quality, offering opportunities for manufacturers to innovate and differentiate their products. With a growing global population and increasing disposable incomes in emerging markets, there is a significant opportunity for companies to expand their presence and cater to evolving consumer preferences in the edible oil market.
The Global Edible Oil Market faces several challenges, including price volatility due to factors like weather conditions impacting crop yields, geopolitical tensions affecting supply chains, and fluctuations in currency exchange rates. Sustainability concerns related to deforestation for oil palm plantations and the environmental impact of intensive farming practices are also significant challenges. Additionally, changing consumer preferences towards healthier alternatives, such as plant-based oils over traditional options like palm oil or soybean oil, are driving market shifts. Regulatory changes and trade restrictions further complicate the landscape, impacting both production and distribution channels. As the market continues to evolve, companies must navigate these challenges to ensure sustainable growth and remain competitive in the global edible oil industry.
The Global Edible Oil Market is primarily driven by factors such as increasing consumer awareness about the health benefits of edible oils, rising demand for convenience foods, and the growing usage of edible oils in various industries including food processing, cosmetics, and pharmaceuticals. Additionally, the expanding population, changing dietary habits, and rising disposable incomes in emerging economies are fueling the demand for edible oils. The shift towards healthier cooking oils like olive oil, avocado oil, and coconut oil is also contributing to market growth. Furthermore, technological advancements in oil extraction processes, sustainable sourcing practices, and the increasing focus on product innovation and differentiation are expected to drive the market further in the coming years.
Government policies related to the Global Edible Oil Market vary significantly by country, with regulations focusing on aspects such as import tariffs, quality standards, production incentives, and sustainability measures. In many countries, government policies aim to promote domestic production and self-sufficiency by providing subsidies to farmers and imposing import tariffs on foreign edible oils. Quality standards and food safety regulations are also closely monitored by governments to ensure consumer protection. Additionally, there is a growing global trend towards promoting sustainable practices in the edible oil industry, with policies encouraging the use of eco-friendly production methods and certification schemes such as RSPO for sustainable palm oil. Overall, government policies play a crucial role in shaping the dynamics of the Global Edible Oil Market by influencing production, trade, and consumption patterns.
The Global Edible Oil Market is expected to experience steady growth in the coming years due to the increasing demand for plant-based oils driven by health-conscious consumers. The market is likely to be propelled by factors such as rising disposable incomes, changing dietary preferences, and the expanding food industry. Additionally, the growing awareness of the health benefits associated with consuming edible oils rich in unsaturated fats is anticipated to drive market growth further. However, challenges such as fluctuating prices of raw materials, environmental concerns related to oil palm cultivation, and regulatory issues could impact market dynamics. Overall, technological advancements in oil production processes, sustainable sourcing practices, and innovative product offerings are likely to shape the future landscape of the Global Edible Oil Market.
In the Global Edible Oil Market, Asia dominates in terms of consumption and production, with countries like China and India leading the way. The region`s large population and growing middle-class contribute to the high demand for edible oils. North America and Europe are characterized by a mature market with a preference for healthier oils like olive and avocado oil. The Middle East and Africa region is witnessing a rise in demand due to changing dietary preferences and increasing awareness of health benefits associated with certain oils. Latin America is known for its significant production of oils like soybean and palm oil, with Brazil being a key player. Overall, the global edible oil market is dynamic, driven by factors such as shifting consumer preferences, health consciousness, and economic development across different regions.
Global Edible Oil 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 Oil Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Edible Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Global Edible Oil Market - Industry Life Cycle |
3.4 Global Edible Oil Market - Porter's Five Forces |
3.5 Global Edible Oil Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Edible Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Edible Oil Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Global Edible Oil Market Revenues & Volume Share, By Pack Size, 2021 & 2031F |
3.9 Global Edible Oil Market Revenues & Volume Share, By Packaging Material, 2021 & 2031F |
3.10 Global Edible Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Global Edible Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Edible Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Edible Oil Market Trends |
6 Global Edible Oil Market, 2021 - 2031 |
6.1 Global Edible Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Edible Oil Market, Revenues & Volume, By Palm Oil, 2021 - 2031 |
6.1.3 Global Edible Oil Market, Revenues & Volume, By Soybean Oil, 2021 - 2031 |
6.1.4 Global Edible Oil Market, Revenues & Volume, By Mustard Oil, 2021 - 2031 |
6.1.5 Global Edible Oil Market, Revenues & Volume, By Sunflower Oil, 2021 - 2031 |
6.1.6 Global Edible Oil Market, Revenues & Volume, By Others, 2021 - 2031 |
6.1.7 Global Edible Oil Market, Revenues & Volume, By , 2021 - 2031 |
6.2 Global Edible Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Edible Oil Market, Revenues & Volume, By Pouches, 2021 - 2031 |
6.2.3 Global Edible Oil Market, Revenues & Volume, By Jars, 2021 - 2031 |
6.2.4 Global Edible Oil Market, Revenues & Volume, By Cans, 2021 - 2031 |
6.2.5 Global Edible Oil Market, Revenues & Volume, By Bottles, 2021 - 2031 |
6.2.6 Global Edible Oil Market, Revenues & Volume, By , 2021 - 2031 |
6.3 Global Edible Oil Market, Revenues & Volume, By Pack Size, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Edible Oil Market, Revenues & Volume, By Less than 1 Litres, 2021 - 2031 |
6.3.3 Global Edible Oil Market, Revenues & Volume, By 1 Litres, 2021 - 2031 |
6.3.4 Global Edible Oil Market, Revenues & Volume, By 1 Litres - 5 litres, 2021 - 2031 |
6.3.5 Global Edible Oil Market, Revenues & Volume, By 5 Litres - 10 Litres, 2021 - 2031 |
6.3.6 Global Edible Oil Market, Revenues & Volume, By 10 Litres and Above, 2021 - 2031 |
6.3.7 Global Edible Oil Market, Revenues & Volume, By , 2021 - 2031 |
6.4 Global Edible Oil Market, Revenues & Volume, By Packaging Material, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Edible Oil Market, Revenues & Volume, By Metal, 2021 - 2031 |
6.4.3 Global Edible Oil Market, Revenues & Volume, By Plastic, 2021 - 2031 |
6.4.4 Global Edible Oil Market, Revenues & Volume, By Paper, 2021 - 2031 |
6.4.5 Global Edible Oil Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Edible Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Edible Oil Market, Revenues & Volume, By HoReCa, 2021 - 2031 |
6.5.3 Global Edible Oil Market, Revenues & Volume, By Home Users, 2021 - 2031 |
6.5.4 Global Edible Oil Market, Revenues & Volume, By Food Processing Industry, 2021 - 2031 |
6.5.5 Global Edible Oil Market, Revenues & Volume, By , 2021 - 2031 |
6.6 Global Edible Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Edible Oil Market, Revenues & Volume, By Direct/Institutional Sales, 2021 - 2031 |
6.6.3 Global Edible Oil Market, Revenues & Volume, By Supermarkets and Hypermarkets, 2021 - 2031 |
6.6.4 Global Edible Oil Market, Revenues & Volume, By Convenience Stores, 2021 - 2031 |
6.6.5 Global Edible Oil Market, Revenues & Volume, By Online, 2021 - 2031 |
6.6.6 Global Edible Oil Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Edible Oil Market, Overview & Analysis |
7.1 North America Edible Oil Market Revenues & Volume, 2021 - 2031 |
7.2 North America Edible Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Edible Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Edible Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Edible Oil Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Edible Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Edible Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
7.5 North America Edible Oil Market, Revenues & Volume, By Pack Size, 2021 - 2031 |
7.6 North America Edible Oil Market, Revenues & Volume, By Packaging Material, 2021 - 2031 |
7.7 North America Edible Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
7.8 North America Edible Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Edible Oil Market, Overview & Analysis |
8.1 Latin America (LATAM) Edible Oil Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Edible Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Edible Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Edible Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Edible Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Edible Oil Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Edible Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Edible Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
8.5 Latin America (LATAM) Edible Oil Market, Revenues & Volume, By Pack Size, 2021 - 2031 |
8.6 Latin America (LATAM) Edible Oil Market, Revenues & Volume, By Packaging Material, 2021 - 2031 |
8.7 Latin America (LATAM) Edible Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
8.8 Latin America (LATAM) Edible Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Edible Oil Market, Overview & Analysis |
9.1 Asia Edible Oil Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Edible Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Edible Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Edible Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Edible Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Edible Oil Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Edible Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Edible Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
9.5 Asia Edible Oil Market, Revenues & Volume, By Pack Size, 2021 - 2031 |
9.6 Asia Edible Oil Market, Revenues & Volume, By Packaging Material, 2021 - 2031 |
9.7 Asia Edible Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
9.8 Asia Edible Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Edible Oil Market, Overview & Analysis |
10.1 Africa Edible Oil Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Edible Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Edible Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Edible Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Edible Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Edible Oil Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Edible Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Edible Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
10.5 Africa Edible Oil Market, Revenues & Volume, By Pack Size, 2021 - 2031 |
10.6 Africa Edible Oil Market, Revenues & Volume, By Packaging Material, 2021 - 2031 |
10.7 Africa Edible Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
10.8 Africa Edible Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Edible Oil Market, Overview & Analysis |
11.1 Europe Edible Oil Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Edible Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Edible Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Edible Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Edible Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Edible Oil Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Edible Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Edible Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
11.5 Europe Edible Oil Market, Revenues & Volume, By Pack Size, 2021 - 2031 |
11.6 Europe Edible Oil Market, Revenues & Volume, By Packaging Material, 2021 - 2031 |
11.7 Europe Edible Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
11.8 Europe Edible Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Edible Oil Market, Overview & Analysis |
12.1 Middle East Edible Oil Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Edible Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Edible Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Edible Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Edible Oil Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Edible Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Edible Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
12.5 Middle East Edible Oil Market, Revenues & Volume, By Pack Size, 2021 - 2031 |
12.6 Middle East Edible Oil Market, Revenues & Volume, By Packaging Material, 2021 - 2031 |
12.7 Middle East Edible Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
12.8 Middle East Edible Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Edible Oil Market Key Performance Indicators |
14 Global Edible Oil Market - Export/Import By Countries Assessment |
15 Global Edible Oil Market - Opportunity Assessment |
15.1 Global Edible Oil Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Edible Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Edible Oil Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
15.4 Global Edible Oil Market Opportunity Assessment, By Pack Size, 2021 & 2031F |
15.5 Global Edible Oil Market Opportunity Assessment, By Packaging Material, 2021 & 2031F |
15.6 Global Edible Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
15.7 Global Edible Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Edible Oil Market - Competitive Landscape |
16.1 Global Edible Oil Market Revenue Share, By Companies, 2024 |
16.2 Global Edible Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |