Plant-based Oils Market Size, Share, and Outlook, 2025 Report- By Source (Palm Oil, Soybean Oil, Sunflower Oil, Rapeseed Oil, Olive Oil, Coconut Oil, Cottonseed Oil, Others), By Application (Food, Industrial, Animal Feeds), By Packaging (PET Bottles, HDPE

Plant-based Oils Market Outlook

Plant-based Oils Market Size is forecast to reach $90.9 Billion in 2032 from $55.5 Billion in 2025, at an optimistic growth rate of 7.2% from 2025 to 2032. The robust Plant-based Oils Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Plant-based Oils Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Source (Palm Oil, Soybean Oil, Sunflower Oil, Rapeseed Oil, Olive Oil, Coconut Oil, Cottonseed Oil, Others), By Application (Food, Industrial, Animal Feeds), By Packaging (PET Bottles, HDPE Cans, Tin-Plate Containers, Tetra packs, Flexible Plastic Pouches, Glass Bottles), By End-User (Food Processing, Food Service, Pharmaceuticals, Cosmetics, Others), By Distribution Channel (Online, Offline). Over 70 tables and charts showcase findings from our latest survey report on Plant-based Oils Markets.

Plant-based Oils Market Insights, 2025: Plant-Based Oils – Key Drivers and Opportunities

Plant-based oils, derived from a variety of crops such as soybeans, sunflower, palm, and canola, are widely used in the food industry, cosmetics, pharmaceuticals, and industrial applications. The growing demand for natural, plant-derived products in response to consumer preferences for healthy, sustainable, and organic options is one of the primary drivers for the plant-based oils market. With an increasing focus on plant-based diets and nutrition, these oils are gaining favor in food formulations due to their perceived health benefits, including lower levels of saturated fats and higher concentrations of essential fatty acids.

Opportunities within the plant-based oils market lie in the expanding adoption of plant-based oils in the development of functional foods and nutraceuticals. In the food industry, the rising trend of veganism, vegetarianism, and flexitarian diets is driving demand for plant-based oils as replacements for animal fats in cooking, baking, and food production. Additionally, plant-based oils are finding growing use in personal care products such as skin creams, shampoos, and lotions, owing to their moisturizing and nourishing properties. The increasing use of plant-based oils in biofuels and industrial applications such as lubricants, paints, and coatings presents additional growth avenues. Furthermore, ongoing research into improving oil extraction methods and increasing yields through biotechnology offers significant opportunities to enhance the efficiency and sustainability of plant-based oil production.

Five Trends that will define global Plant-based Oils Market in 2025 and Beyond

A closer look at the multi-million global market for Plant-based Oils Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Plant-based Oils Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Plant-based Oils Industry?

The Plant-based Oils Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Plant-based Oils Market Segment Insights

The Plant-based Oils Industry presents strong offers across categories. The analytical report offers forecasts of Plant-based Oils Industry performance across segments and countries. Key segments in the industry include- By Source (Palm Oil, Soybean Oil, Sunflower Oil, Rapeseed Oil, Olive Oil, Coconut Oil, Cottonseed Oil, Others), By Application (Food, Industrial, Animal Feeds), By Packaging (PET Bottles, HDPE Cans, Tin-Plate Containers, Tetra packs, Flexible Plastic Pouches, Glass Bottles), By End-User (Food Processing, Food Service, Pharmaceuticals, Cosmetics, Others), By Distribution Channel (Online, Offline). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Plant-based Oils Market size outlook is provided for 22 countries across these regions.

Plant-based Oils Industry Value Chain

The chapter identifies potential companies and their operations across the global Plant-based Oils Industry ecosystem. It assists decision-makers in evaluating global Plant-based Oils Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Plant-based Oils Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Plant-based Oils Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Plant-based Oils Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Plant-based Oils Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Plant-based Oils Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Plant-based Oils Market Insights- Executives are most excited about opportunities for the US Plant-based Oils Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Plant-based Oils Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Plant-based Oils Market.

Latin American Plant-based Oils Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Plant-based Oils Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Plant-based Oils Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Plant-based Oils Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Plant-based Oils Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include ACH Food Companies Inc, ADM, AG Processing Inc, Bunge Alimentos S.A., Carapelli Firenze S.p.A., Cargill Agricola S.A., CHS Inc, ConAgra Foods Inc, Dohler GmbH, DuPont, FUJI OIL CO. Ltd, Kerry Inc, Kuala Lumpur Kepong Berhad, Olam International, PT Intiboga Sejhatera, Riceland Foods Inc, Richardson International Ltd, Viterra Inc, Westmill Foods Ltd, Wilmar International Ltd.

Plant-based Oils Market Scope and Segmentation

By Source

Palm Oil

Soybean Oil

Sunflower Oil

Rapeseed Oil

Olive Oil

Coconut Oil

Cottonseed Oil

Others

By Application

Food

Industrial

Animal Feeds

By Packaging

PET Bottles

HDPE Cans

Tin-Plate Containers

Tetra packs

Flexible Plastic Pouches

Glass Bottles

By End-User

Food Processing

Food Service

Pharmaceuticals

Cosmetics

Others

By Distribution Channel

Online

Offline

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Plant-based Oils Market Research-

ACH Food Companies Inc

ADM

AG Processing Inc

Bunge Alimentos S.A.

Carapelli Firenze S.p.A.

Cargill Agricola S.A.

CHS Inc

ConAgra Foods Inc

Dohler GmbH

DuPont

FUJI OIL CO. Ltd

Kerry Inc

Kuala Lumpur Kepong Berhad

Olam International

PT Intiboga Sejhatera

Riceland Foods Inc

Richardson International Ltd

Viterra Inc

Westmill Foods Ltd

Wilmar International Ltd

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
• Get free Excel spreadsheet and PPT versions along with the report PDF.