Global Vegetable Oil Market - Forecast(2021 - 2026)

Report Code: FBR 76579 Report Format: PDF + Excel (Delivery in 48 Hrs)

Global Vegetable Oil Market Overview

Global Vegetable Oil Market size is estimated to reach $3,700 million by 2026, growing at a CAGR of 6.1% over 2021-2026. Vegetable oils are extracted from various plant seeds such as palm, sunflower, mustard and many more. Vegetable oils are a mixture of triglycerides of fatty acids which are esters of glycerol and are chemically known as fat. Recently, vegetable oils are made from margarine that suppress polyunsaturated fats which can lower the bad cholesterol and are considered as highl processed food product. The vegetable oil which is extracted from soybean seeds are widely used for cooking oils. In food Industry, the addition of oil in hydrogen is called hydrogenation and this helps to increase the shelf life of food. Growing consciousness about health among people and increasing application of vegetable oil in various industries are the major factors driving the growth of this market. Furthermore, increasing research and development activities in food and beverage industry and rising government initiatives is set to further enhance the overall market demand for Global Vegetable Oil Market for the period 2021-2026.    

Global Vegetable Oil Market Report Coverage

The report: “Global Vegetable Oil Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Global Vegetable Oil Market.   

By Type: Palm Oil, Soyabean Oil, Rapeseed Oil, Sunflower Oil, Olive Oil, and Others
By Packaging Type: Cans, Bottles, Pouches, and Others 
By Application: Food, Feed, and Industrial
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa)

Key Takeaways

  • Geographically, in 2020, North America dominated the Global Vegetable Oil Market owing to increasing accessibility of various number of food and beverage manufacturers, rising research and advancement in food industry and rising initiatives by the government.
  • Growing consciousness about health among people and increasing application of vegetable oil in various industries are likely to aid in the market growth of the Global Vegetable Oil.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Global Vegetable Oil Market report.  
  • Rising concerns about the environment and high cost of production is set to create hurdles for the Global Vegetable Oil Market.  

Global Vegetable Oil Market Size, By Packaging Type 2020-2026 (USD Million)

 

For More Details on This Report - Request for Sample

Global Vegetable Oil Segment Analysis – By Type

The Global Vegetable Oil Market based on Type can be further segmented into Palm Oil, Soyabean Oil, Rapeseed Oil, Sunflower Oil, Olive Oil, and Others. The Palm Oil segment is the major segment generating revenue in 2020. This is mainly owing to the increasing benefits of health and the limited price of palm oil. Moreover, palm oil is extracted from plant seeds that helps to increase vision and protects from cardiovascular diseases and also helps to increase the growth of hair that are increasing the consumption of triglycerides palm oil and are rising the market growth. The Soyabean Oil segment is estimated to register the fastest CAGR of 1.05% for the period 2021-2026. This is mainly owing to usage in cooking purpose and also contains hydrogenation that helps to increase the shelf life and are increasing the growth of this segment.

Global Vegetable Oil Segment Analysis – By Packaging Type

The Global Vegetable Oil Market based on Packaging Type can be further segmented into Cans, Bottles, Pouches, and Others. The Pouches segment registers for the highest Vegetable Oil market share in 2020. This is owing to storage and usage is easy and are widely used as packs contains refill that are rising the growth of this market. The Bottles segment is forecasted to register the fastest CAGR of 2% over 2021-2026. This is mainly owing to easy to store and carry, cost effective and wide availability in several sizes that are increasing the growth of this market.                                                                   

Global Vegetable Oil Segment Analysis – By Geography

Asia Pacific dominated the Vegetable Oil Market with a major share of 40% in 2020. This is owing to increasing accessibility of various number of food and beverage manufacturers, rising research and advancement in food industry and rising initiatives by the government. According to Food and Agricultural Organization (FAO), per capita consumption growth of vegetable oil is increased by 3.1% p.a. and India is considered as the number one importer of vegetable oil in the world that increases the growth of this market. However, North America is estimated to outpace all the regions by clocking the highest CAGR of 3.05% during the forecast period 2021-2026 owing to rising research and development activities and increasing development in the food and beverage industry.

Global Vegetable Oil Market Drivers

Growing Consciousness about Health

Increasing consciousness about health and rising demand for organic health-based products increases the demand of vegetable oil as it is made from margarine and are increasing the growth of the Market. Various manufacturers are offering vegetable oils products that are used in various purposes such as cooking, fuel production etc, increasing the growth of the Vegetable Oil Market over 2021-2026.   

Increasing Application in Various Industries

Increasing application of vegetable oil in fuel production, culinary, soaps, and perfume formulations and various industries increases the growth of this Market. Moreover, rising demand of biodiesel in automotive and aerospace industries as the vegetable oils used as an alternative energy source that is increasing the growth of Vegetable Oil Market over 2021-2026.  

Covid-19 Impact:  

COVID-19 pandemic had greatly impacted the growth of Vegetable Oil Market. During pandemic, there is disruption in supply chain that reduced the supply and causes disruption in various industries such as food and beverage and are negatively impacted the growth of this market.   

Global Vegetable Oil Market Challenges

Rising Environmental Concerns

The factors that is set to impede the growth of the Global Vegetable Oil Market are the rising concerns about environment in order to reduce the use of palm oil and high cost of processing is set to create hurdles for the Vegetable Oil Market.   

Global Vegetable Oil Landscape

Product launches, acquisitions, collaboration, joint ventures, and geographical expansions are key strategies adopted by players in the Vegetable Oil Market. Vegetable Oil top 10 companies are The Manischewitz Company, Conagra Brands, Inc., Waitrose & Partners , The J.M. Smucker Co., IFFCO , Unico, Woolworths Group Limited, Edible Oils Ltd., Marico Limited, and Adani Wilmar Limited.

Development

In April 2019, L'Oreal launched a beauty brand product with sunflower seed oil that increases the demand of vegetable plant seeds and are increasing the growth of this market.

Relevant Reports:

Report Code: FBR 72450

Report Code: FBR 0180

For more Food and Beverage Market reports, please click here
1. Global Vegetable Oil Market Overview
    1.1 Definitions and Scope
2. Global Vegetable Oil Market Executive Summary
    2.1 Market Size and Key Trends
    2.2 Key trends by Type
    2.3 Key trends by Packaging Type
    2.4 Key trends by Application
    2.5 Key trends by Geography
3. Global Vegetable Oil Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Global Vegetable Oil Market- Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Global Vegetable Oil Market- Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Global Vegetable Oil Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Global Vegetable Oil Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Global Vegetable Oil Market– By Type (Market Size -$Million/$Billion)
    8.1 Palm Oil
    8.2 Soyabean Oil
    8.3 Rapeseed Oil
    8.4 Sunflower Oil
    8.5 Olive Oil
    8.6 Others
9. Global Vegetable Oil Market– By Packaging Type (Market Size -$Million/$Billion)
    9.1 Cans
    9.2 Bottles
    9.3 Pouches
    9.4 Others
10. Global Vegetable Oil Market– By Application (Market Size -$Million/$Billion)
    10.1 Food
    10.2 Feed
    10.3 Industrial
11. Global Vegetable Oil Market- By Geography (Market Size -$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 Italy
        11.2.4 France
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Australia
        11.3.3 Japan
    11.3.4South Korea
        11.3.5 India
        11.3.6 Rest of Asia-Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Others
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Global Vegetable Oil Market Entropy
13. Global Vegetable Oil Market- Industry / Segment Competition landscape Premium Premium
    13.1 Market Share Analysis
        13.1.1 Market Share by Country- Key companies
        13.1.2 Market Share by Region- Key companies
        13.1.3 Market Share at Global Level- Key companies
        13.1.4 Best Practices for Companies
14. Global Vegetable Oil Market- Key Company List by Country Premium Premium
15. Global Vegetable Oil Market Company Analysis
    15.1 Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global GLOBAL VEGETABLE OIL MARKET, BY TYPE Market 2019-2024 ($M)
1.1 INTRODUCTION Market 2019-2024 ($M) - Global Industry Research
1.2 PALM OIL Market 2019-2024 ($M) - Global Industry Research
1.3 PALM KERNEL OIL Market 2019-2024 ($M) - Global Industry Research
1.4 SOYBEAN OIL Market 2019-2024 ($M) - Global Industry Research
1.5 RAPESEED OIL Market 2019-2024 ($M) - Global Industry Research
1.6 SUNFLOWER OIL Market 2019-2024 ($M) - Global Industry Research
1.7 MINOR VEGETABLE OIL Market 2019-2024 ($M) - Global Industry Research
2.Global GLOBAL VEGETABLE OIL MARKET, BY EXTRACTION METHOD Market 2019-2024 ($M)
2.1 INTRODUCTION Market 2019-2024 ($M) - Global Industry Research
2.2 MECHANICAL EXTRACTION Market 2019-2024 ($M) - Global Industry Research
2.3 SOLVENT EXTRACTION Market 2019-2024 ($M) - Global Industry Research
2.4 HYDROGENATION Market 2019-2024 ($M) - Global Industry Research
2.5 SPARGING Market 2019-2024 ($M) - Global Industry Research
3.Global GLOBAL VEGETABLE OIL MARKET, BY TYPE Market 2019-2024 (Volume/Units)
3.1 INTRODUCTION Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 PALM OIL Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 PALM KERNEL OIL Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 SOYBEAN OIL Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 RAPESEED OIL Market 2019-2024 (Volume/Units) - Global Industry Research
3.6 SUNFLOWER OIL Market 2019-2024 (Volume/Units) - Global Industry Research
3.7 MINOR VEGETABLE OIL Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global GLOBAL VEGETABLE OIL MARKET, BY EXTRACTION METHOD Market 2019-2024 (Volume/Units)
4.1 INTRODUCTION Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 MECHANICAL EXTRACTION Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 SOLVENT EXTRACTION Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 HYDROGENATION Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 SPARGING Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America GLOBAL VEGETABLE OIL MARKET, BY TYPE Market 2019-2024 ($M)
5.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
5.2 PALM OIL Market 2019-2024 ($M) - Regional Industry Research
5.3 PALM KERNEL OIL Market 2019-2024 ($M) - Regional Industry Research
5.4 SOYBEAN OIL Market 2019-2024 ($M) - Regional Industry Research
5.5 RAPESEED OIL Market 2019-2024 ($M) - Regional Industry Research
5.6 SUNFLOWER OIL Market 2019-2024 ($M) - Regional Industry Research
5.7 MINOR VEGETABLE OIL Market 2019-2024 ($M) - Regional Industry Research
6.North America GLOBAL VEGETABLE OIL MARKET, BY EXTRACTION METHOD Market 2019-2024 ($M)
6.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
6.2 MECHANICAL EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
6.3 SOLVENT EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
6.4 HYDROGENATION Market 2019-2024 ($M) - Regional Industry Research
6.5 SPARGING Market 2019-2024 ($M) - Regional Industry Research
7.South America GLOBAL VEGETABLE OIL MARKET, BY TYPE Market 2019-2024 ($M)
7.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
7.2 PALM OIL Market 2019-2024 ($M) - Regional Industry Research
7.3 PALM KERNEL OIL Market 2019-2024 ($M) - Regional Industry Research
7.4 SOYBEAN OIL Market 2019-2024 ($M) - Regional Industry Research
7.5 RAPESEED OIL Market 2019-2024 ($M) - Regional Industry Research
7.6 SUNFLOWER OIL Market 2019-2024 ($M) - Regional Industry Research
7.7 MINOR VEGETABLE OIL Market 2019-2024 ($M) - Regional Industry Research
8.South America GLOBAL VEGETABLE OIL MARKET, BY EXTRACTION METHOD Market 2019-2024 ($M)
8.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
8.2 MECHANICAL EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
8.3 SOLVENT EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
8.4 HYDROGENATION Market 2019-2024 ($M) - Regional Industry Research
8.5 SPARGING Market 2019-2024 ($M) - Regional Industry Research
9.Europe GLOBAL VEGETABLE OIL MARKET, BY TYPE Market 2019-2024 ($M)
9.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
9.2 PALM OIL Market 2019-2024 ($M) - Regional Industry Research
9.3 PALM KERNEL OIL Market 2019-2024 ($M) - Regional Industry Research
9.4 SOYBEAN OIL Market 2019-2024 ($M) - Regional Industry Research
9.5 RAPESEED OIL Market 2019-2024 ($M) - Regional Industry Research
9.6 SUNFLOWER OIL Market 2019-2024 ($M) - Regional Industry Research
9.7 MINOR VEGETABLE OIL Market 2019-2024 ($M) - Regional Industry Research
10.Europe GLOBAL VEGETABLE OIL MARKET, BY EXTRACTION METHOD Market 2019-2024 ($M)
10.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
10.2 MECHANICAL EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
10.3 SOLVENT EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
10.4 HYDROGENATION Market 2019-2024 ($M) - Regional Industry Research
10.5 SPARGING Market 2019-2024 ($M) - Regional Industry Research
11.APAC GLOBAL VEGETABLE OIL MARKET, BY TYPE Market 2019-2024 ($M)
11.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
11.2 PALM OIL Market 2019-2024 ($M) - Regional Industry Research
11.3 PALM KERNEL OIL Market 2019-2024 ($M) - Regional Industry Research
11.4 SOYBEAN OIL Market 2019-2024 ($M) - Regional Industry Research
11.5 RAPESEED OIL Market 2019-2024 ($M) - Regional Industry Research
11.6 SUNFLOWER OIL Market 2019-2024 ($M) - Regional Industry Research
11.7 MINOR VEGETABLE OIL Market 2019-2024 ($M) - Regional Industry Research
12.APAC GLOBAL VEGETABLE OIL MARKET, BY EXTRACTION METHOD Market 2019-2024 ($M)
12.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
12.2 MECHANICAL EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
12.3 SOLVENT EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
12.4 HYDROGENATION Market 2019-2024 ($M) - Regional Industry Research
12.5 SPARGING Market 2019-2024 ($M) - Regional Industry Research
13.MENA GLOBAL VEGETABLE OIL MARKET, BY TYPE Market 2019-2024 ($M)
13.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
13.2 PALM OIL Market 2019-2024 ($M) - Regional Industry Research
13.3 PALM KERNEL OIL Market 2019-2024 ($M) - Regional Industry Research
13.4 SOYBEAN OIL Market 2019-2024 ($M) - Regional Industry Research
13.5 RAPESEED OIL Market 2019-2024 ($M) - Regional Industry Research
13.6 SUNFLOWER OIL Market 2019-2024 ($M) - Regional Industry Research
13.7 MINOR VEGETABLE OIL Market 2019-2024 ($M) - Regional Industry Research
14.MENA GLOBAL VEGETABLE OIL MARKET, BY EXTRACTION METHOD Market 2019-2024 ($M)
14.1 INTRODUCTION Market 2019-2024 ($M) - Regional Industry Research
14.2 MECHANICAL EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
14.3 SOLVENT EXTRACTION Market 2019-2024 ($M) - Regional Industry Research
14.4 HYDROGENATION Market 2019-2024 ($M) - Regional Industry Research
14.5 SPARGING Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Global Vegetable Oil Market Revenue, 2019-2024 ($M)
2.Canada Global Vegetable Oil Market Revenue, 2019-2024 ($M)
3.Mexico Global Vegetable Oil Market Revenue, 2019-2024 ($M)
4.Brazil Global Vegetable Oil Market Revenue, 2019-2024 ($M)
5.Argentina Global Vegetable Oil Market Revenue, 2019-2024 ($M)
6.Peru Global Vegetable Oil Market Revenue, 2019-2024 ($M)
7.Colombia Global Vegetable Oil Market Revenue, 2019-2024 ($M)
8.Chile Global Vegetable Oil Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Vegetable Oil Market Revenue, 2019-2024 ($M)
10.UK Global Vegetable Oil Market Revenue, 2019-2024 ($M)
11.Germany Global Vegetable Oil Market Revenue, 2019-2024 ($M)
12.France Global Vegetable Oil Market Revenue, 2019-2024 ($M)
13.Italy Global Vegetable Oil Market Revenue, 2019-2024 ($M)
14.Spain Global Vegetable Oil Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Vegetable Oil Market Revenue, 2019-2024 ($M)
16.China Global Vegetable Oil Market Revenue, 2019-2024 ($M)
17.India Global Vegetable Oil Market Revenue, 2019-2024 ($M)
18.Japan Global Vegetable Oil Market Revenue, 2019-2024 ($M)
19.South Korea Global Vegetable Oil Market Revenue, 2019-2024 ($M)
20.South Africa Global Vegetable Oil Market Revenue, 2019-2024 ($M)
21.North America Global Vegetable Oil By Application
22.South America Global Vegetable Oil By Application
23.Europe Global Vegetable Oil By Application
24.APAC Global Vegetable Oil By Application
25.MENA Global Vegetable Oil By Application
26.ACH FOOD COMPANIES INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.ARCHER DANIELS MIDLAND COMPANY, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.BEIDAHUANG GROUP, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.BUNGE ALIMENTOS SA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.BUNGE NORTH AMERICA INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.CARAPELLI FIRENZE S.P.A, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.CARGILL AGRICOLA S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.CARGILL INVESTMENT CO. LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.CHINATEX CORPORATION, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.CHS INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.CONAGRA FOODS INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.FUJI OIL, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.IOI CORPORATION BERHAD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.J-OIL MILLS INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.KUALA LUMPUR KEPONG BERHAD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.PT INTIBOGA SEJHATERA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.RICHARDSON OILSEED LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.SAVOLA GROUP, Sales /Revenue, 2015-2018 ($Mn/$Bn)
44.THE DOW AGROSCIENCES LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
45.UNITED PLANTATIONS BERHAD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
46.WILMAR INTERNATIONAL LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
47.YIHAI KERRY INVESTMENT CO. LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)