Global Edible Oil Market 2024-2028
Edible Oil Market 2024-2028
The edible oil market is forecasted to grow by USD 16.2 bn during 2023-2028, accelerating at a CAGR of 3.1% during the forecast period. The report on the edible oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for trans-fat-free oils, benefits of organic edible oils, and increasing adoption of olive oil.
Technavio's edible oil market is segmented as below:
By End-user
- Retail
- Food service
- Food processor
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the advances in agriculture technology as one of the prime reasons driving the edible oil market growth during the next few years. Also, application in beauty and cosmetic industry and increasing prominence of private-label brands will lead to sizable demand in the market.
The report on the edible oil market covers the following areas:
- Edible Oil Market sizing
- Edible Oil Market forecast
- Edible Oil Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading edible oil market vendors that include Adams Group, Adani Group, American Vegetable Oils Inc., Archer Daniels Midland Co., Associated British Foods Plc, Aveno NV, Bunge Ltd., Cargill Inc., Cereal Docks Spa, COFCO Corp., Emami Agrotech Ltd., Fuji Oil Co. Ltd., Fytel Edible Oils Ltd, Louis Dreyfus Co. BV, Marico Ltd., Nisshin OilliO Group Ltd., Paras Group, Richardson International Ltd., Sunflower Vegetable Oil Inc., and Victoria Oil DOO. Also, the edible oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.