Global Vegetable Cooking Oil Market Growth 2024-2030

Global Vegetable Cooking Oil Market Growth 2024-2030

Product Code:1243166

Published Date: Dec 06,2024

Pages: 143

Region: Global

Category: Food & Beverages

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The global Vegetable Cooking Oil market size is predicted to grow from US$ 163370 million in 2024 to US$ 206020 million in 2030; it is expected to grow at a CAGR of 3.9% from 2024 to 2030.

Vegetable Cooking Oil refers to oil extracted from various plant sources, used primarily for cooking and frying purposes. These oils are derived from the seeds, fruits, or nuts of plants and are a common alternative to animal-based fats such as lard or butter. Common plant-based oils include sunflower oil, soybean oil, canola oil, olive oil, palm oil, and corn oil. The extraction process typically involves mechanical pressing or solvent extraction, followed by refining to remove impurities. Plant oils are rich in unsaturated fats, which are considered healthier compared to saturated fats found in animal fats. They also contain essential fatty acids, vitamins, and antioxidants, which can contribute to nutritional value. Due to their relatively high smoking points, neutral flavor, and versatility, Vegetable Cooking Oils are widely used in a variety of cooking techniques, from sautéing and frying to baking and dressing. Plant oils also play a significant role in the food industry, being used in processed foods, snacks, and margarine production.

The market perspective on plant cooking oils is influenced by various trends, including health consciousness, environmental sustainability, and changing consumer preferences. Over recent years, there has been a shift toward healthier cooking oils, driven by growing awareness of the benefits of unsaturated fats in promoting cardiovascular health. As a result, oils such as olive oil, avocado oil, and canola oil, known for their higher monounsaturated and polyunsaturated fat content, have gained popularity in many markets. The global demand for plant-based oils has also been bolstered by rising incomes in developing regions, where consumers are increasingly adopting Western dietary habits, such as frying and baking with plant oils. However, the market is not without its challenges. The palm oil market, for example, has faced scrutiny due to concerns over its environmental impact, including deforestation and habitat destruction. Organic and non-GMO plant oils have become more sought after as a response to growing consumer concerns about food quality and safety. Additionally, the market for plant-based oils is heavily influenced by factors such as climate change, crop yields, and international trade policies. Fluctuations in raw material costs can lead to price volatility, impacting both consumers and manufacturers.

LP Information, Inc. (LPI) ' newest research report, the “Vegetable Cooking Oil Industry Forecast” looks at past sales and reviews total world Vegetable Cooking Oil sales in 2023, providing a comprehensive analysis by region and market sector of projected Vegetable Cooking Oil sales for 2024 through 2030. With Vegetable Cooking Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vegetable Cooking Oil industry.

This Insight Report provides a comprehensive analysis of the global Vegetable Cooking Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vegetable Cooking Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vegetable Cooking Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vegetable Cooking Oil and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vegetable Cooking Oil.

This report presents a comprehensive overview, market shares, and growth opportunities of Vegetable Cooking Oil market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Fry Oil
    Salad Oil

Segmentation by Application:
    Home Use
    Catering
    Food Processing Industry

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Cargill, Incorporated
    ACH Foods Company Inc
    Bunge North America Inc
    Archer Daniels Midland
    ConAgra Foods Inc
    CHS Inc
    Chinatex Corporation
    Richardson Oilseed Ltd
    J-Oil Mills Inc
    Carapelli Firenze S.P.A
    Olam International
    Adani Group
    Ventura Foods
    China Resources
    Luhua Group
    COFCO
    Yihai Kerry

Key Questions Addressed in this Report
What is the 10-year outlook for the global Vegetable Cooking Oil market?
What factors are driving Vegetable Cooking Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vegetable Cooking Oil market opportunities vary by end market size?
How does Vegetable Cooking Oil break out by Type, by Application?