Oils & Fats in the United States
Summary
Oils & Fats in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oils & fats market consist of the retail sale of edible oils and solid fats. The oils segment consists of cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, and other edible oils. The solid fats segment consists of compound cooking fats (CCF), ghee, lard, shortening, and other solid fats. The market is valued according to the retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The US Oils & Fats market had total revenues of $9,890.7 million in 2023, representing a compound annual growth rate (CAGR) of 5.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2% between 2018 and 2023, to reach a total of 2,016.1 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 5% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $12,637.2 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oils & fats market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oils & fats market in the United States
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States oils & fats market with five year forecasts
- What was the size of the United States oils & fats market by value in 2023?
- What will be the size of the United States oils & fats market in 2028?
- What factors are affecting the strength of competition in the United States oils & fats market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's oils & fats market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the US oils & fats market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies market shares have suffered over the same period (2018-2023)?
- 7.5. What are the most popular brands in the US oils & fats market?
- 8 Company Profiles
- 8.1. ACH Food Companies Inc
- 8.2. B&G Foods Inc
- 8.3. Bright Food (Group) Co Ltd
- 8.4. Richardson International Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States oils & fats market value: $ million, 2018-23
- Table 2: United States oils & fats market volume: million kilograms, 2018-23
- Table 3: United States oils & fats market category segmentation: % share, by value, 2018-2023
- Table 4: United States oils & fats market category segmentation: $ million, 2018-2023
- Table 5: United States oils & fats market geography segmentation: $ million, 2023
- Table 6: United States oils & fats market distribution: % share, by value, 2023
- Table 7: United States oils & fats market value forecast: $ million, 2023-28
- Table 8: United States oils & fats market volume forecast: million kilograms, 2023-28
- Table 9: United States oils & fats market share: % share, by value, 2023
- Table 10: ACH Food Companies Inc: key facts
- Table 11: ACH Food Companies Inc: Key Employees
- Table 12: B&G Foods Inc: key facts
- Table 13: B&G Foods Inc: Annual Financial Ratios
- Table 14: B&G Foods Inc: Key Employees
- Table 15: B&G Foods Inc: Key Employees Continued
- Table 16: Bright Food (Group) Co Ltd: key facts
- Table 17: Bright Food (Group) Co Ltd: Key Employees
- Table 18: Richardson International Ltd: key facts
- Table 19: Richardson International Ltd: Key Employees
- Table 20: United States size of population (million), 2019-23
- Table 21: United States real gdp (constant 2010 prices, $ billion), 2019-23
- Table 22: United States gdp (current prices, $ billion), 2019-23
- Table 23: United States inflation, 2019-23
- Table 24: United States consumer price index (absolute), 2019-23
- Table 25: United States exchange rate, 2018-23
- List of Figures
- Figure 1: United States oils & fats market value: $ million, 2018-23
- Figure 2: United States oils & fats market volume: million kilograms, 2018-23
- Figure 3: United States oils & fats market category segmentation: $ million, 2018-2023
- Figure 4: United States oils & fats market geography segmentation: % share, by value, 2023
- Figure 5: United States oils & fats market distribution: % share, by value, 2023
- Figure 6: United States oils & fats market value forecast: $ million, 2023-28
- Figure 7: United States oils & fats market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the oils & fats market in the United States, 2023
- Figure 9: Drivers of buyer power in the oils & fats market in the United States, 2023
- Figure 10: Drivers of supplier power in the oils & fats market in the United States, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the oils & fats market in the United States, 2023
- Figure 12: Factors influencing the threat of substitutes in the oils & fats market in the United States, 2023
- Figure 13: Drivers of degree of rivalry in the oils & fats market in the United States, 2023
- Figure 14: United States oils & fats market share: % share, by value, 2023
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