Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Product (Edible Oils, Edible Fats), By Distribution Channel (Offline, Online) And Competitive Landscape
Product Code: ETC13218257 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6Wresearch internal database and industry insights
Report Name | Global Edible Oils and Fats Market |
Forecast Period | 2025-2031 |
Market Size | USD 156.9 billion by 2031 |
CAGR | 4.8% |
Growing Sector | Consumer Staples |
The Global Edible Oils and Fats Market report thoroughly covers the market by regions, product, and distribution channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Edible Oils and Fats Market has been rapidly growing in recent years, mainly due to the rise in consumption of healthier food items, and the usage of edible oils and fats in various significant industries such as food processing, cosmetics, and pharmaceuticals. Edible oils are those derived from plant sources, and animal fats arise out of animal products- dairy and meat.
The Global Edible Oils and Fats Market is projected to experience robust growth with a CAGR of 4.8% during the forecast period of 2025-2031. The Global Edible Oils and Fats Market Growth is influenced by many factors, among them are global population increase and urban ways of living. More people are adopting convenience choices of using ready-to-eat or pre-cooked meals. This trend has increased demand for processed food products where oils and fats are the main ingredients. The global edible oils and fats market is also boosted by advances in farming techniques and extraction methods, resulting in an increase in production efficiencies to satisfy global demand. The rate of increase in the market for oils and fats is also the result of the increased number of individuals choosing a plant-based diet, along with the rising market appeal of organic oils and fats.
Even with a strong growth forecast, the Global Edible Oils and Fats Industry is still confronted with challenges. One of the biggest issues to deal with is the volatility of raw materials prices resulting from seasonal production cycles and climate uncertainty. Environmental issues that arise from deforestation due to palm oil production and the associated unsustainable practices that develop, along with scrutiny from Governments and the general public, are creating obstacles. The abundance of health resolutions concerning the consumption of increased amounts of saturated fats and trans fats is resulting in Government regulations that are restricting products in specific categories.
One notable trend reshaping the Global Edible Oils and Fats Market Share is the shift toward nutritional and functional oils enriched with vitamins, minerals, and essential fatty acids. Consumers are increasingly gravitating toward oils with perceived health benefits, such as olive oil and coconut oil, due to their anti-inflammatory and antioxidant properties. Innovations in packaging, including the use of recyclable materials and improved storage mechanisms, align with the global push for sustainability. Additionally, the rise of e-commerce platforms and direct-to-consumer sales channels offers unprecedented convenience for purchasing edible oils and fats worldwide.
The Global Edible Oils and Fats Market Growth presents compelling investment opportunities for stakeholders. Companies focusing on research and development to create healthier, low-fat, and trans-fat-free options stand to benefit from the evolving consumer demands. Investments in sustainable practices, such as eco-friendly cultivation methods and certifications like RSPO (Roundtable on Sustainable Palm Oil), are also poised to yield long-term rewards. Emerging economies offer untapped potential for market expansion, driven by increased urbanization, higher purchasing power, and growing awareness of product quality.
Several companies have established themselves as leaders in the Global Edible Oils and Fats Market, leveraging their extensive portfolios and operational scalability. These players include Wilmar International, Archer Daniels Midland Company, Bunge Limited, Cargill, and Unilever. These companies have strategically expanded their global footprints through partnerships, mergers, and acquisitions while investing in innovative production techniques and sustainable methodologies. Their commitment to quality and innovation has been instrumental in driving consumer loyalty across diverse markets.
Government regulations have had a significant impact on the Global Edible Oils and Fats Industry, especially with regard to food safety, labelling, and sustainability. Regulatory bodies like the FDA and EFSA have introduced stringent standards for the minimum nutritional value, trans-fat levels, and allowed additives in edible oils and fats. Environmental policies aimed at reducing deforestation and promoting sustainable practices, such as certifications for palm oil, are reshaping how businesses operate. Furthermore, import-export tariffs, subsidies, and trade agreements have influenced the competitive dynamics across regions.
The future of the Global Edible Oils and Fats Market looks promising, driven by consumer preferences for healthier options and sustainability priorities. Technological advancements in oil extraction and refining processes will likely boost production efficiency while addressing environmental concerns. Alternative oils derived from algae and microorganisms are emerging as potential game-changers, offering high nutrient content and reduced environmental impact. With the continued emphasis on innovation, quality, and sustainability, the market is poised to expand its footprint across developed and developing regions alike.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The Edible Oils segment is anticipated to dominate the global edible oils and fats market in the coming years. This can be attributed to the increasing awareness about the health benefits of consuming edible oils, as well as the rising demand for natural and organic products in the food industry.
The online segment is expected to dominate the global edible oils and fats market in the coming years. This surge can be attributed to the rapid growth of e-commerce platforms and the increasing adoption of technology-driven shopping habits among consumers.
According to Ravi Bhandari, Research Head, 6Wresearch, Asia-Pacific is expected to dominate the global market during the forecast period. This can be attributed to several factors such as a large population base, changing dietary patterns, and an increase in disposable incomes.
The Market Report includes the following segments
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 and Fats Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Edible Oils and Fats Market Revenues & Volume, 2021 & 2031F |
3.3 Global Edible Oils and Fats Market - Industry Life Cycle |
3.4 Global Edible Oils and Fats Market - Porter's Five Forces |
3.5 Global Edible Oils and Fats Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Edible Oils and Fats Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Edible Oils and Fats Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Edible Oils and Fats Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Edible Oils and Fats Market Trends |
6 Global Edible Oils and Fats Market, 2021 - 2031 |
6.1 Global Edible Oils and Fats Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Edible Oils and Fats Market, Revenues & Volume, By Edible Oils, 2021 - 2031 |
6.1.3 Global Edible Oils and Fats Market, Revenues & Volume, By Edible Fats, 2021 - 2031 |
6.2 Global Edible Oils and Fats Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Edible Oils and Fats Market, Revenues & Volume, By Offline, 2021 - 2031 |
6.2.3 Global Edible Oils and Fats Market, Revenues & Volume, By Online, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Edible Oils and Fats Market, Overview & Analysis |
7.1 North America Edible Oils and Fats Market Revenues & Volume, 2021 - 2031 |
7.2 North America Edible Oils and Fats Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Edible Oils and Fats Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Edible Oils and Fats Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Edible Oils and Fats Market, Overview & Analysis |
8.1 Latin America (LATAM) Edible Oils and Fats Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Edible Oils and Fats Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Edible Oils and Fats Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Edible Oils and Fats Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Edible Oils and Fats Market, Overview & Analysis |
9.1 Asia Edible Oils and Fats Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Edible Oils and Fats Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Edible Oils and Fats Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Edible Oils and Fats Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Edible Oils and Fats Market, Overview & Analysis |
10.1 Africa Edible Oils and Fats Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Edible Oils and Fats Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Edible Oils and Fats Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Edible Oils and Fats Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Edible Oils and Fats Market, Overview & Analysis |
11.1 Europe Edible Oils and Fats Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Edible Oils and Fats Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Edible Oils and Fats Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Edible Oils and Fats Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Edible Oils and Fats Market, Overview & Analysis |
12.1 Middle East Edible Oils and Fats Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Edible Oils and Fats Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Edible Oils and Fats Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Edible Oils and Fats Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Edible Oils and Fats Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Edible Oils and Fats Market Key Performance Indicators |
14 Global Edible Oils and Fats Market - Export/Import By Countries Assessment |
15 Global Edible Oils and Fats Market - Opportunity Assessment |
15.1 Global Edible Oils and Fats Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Edible Oils and Fats Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Edible Oils and Fats Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Edible Oils and Fats Market - Competitive Landscape |
16.1 Global Edible Oils and Fats Market Revenue Share, By Companies, 2024 |
16.2 Global Edible Oils and Fats Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |