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Global Edible Oils Industry Projected $131.91 Billion Growth by 2026 | A report by Adani Wilmar Limited, Associated British Foods plc, Archer Daniels Midland Company, Global Canopy, Olympic Foods Ltd. American Vegetable Oils and others

Global Edible Oils Industry report includes all major players and brand company profiles in this global market report for edible oil. Due to increasing demand at the end-user level, during the forecast period, Food & Beverage industry is expected to witness growth. This report is generated by taking into account a number of steps that can be summarized as follows: creating the title page, attaching a table of contents, editing it in the executive summary, writing introduction, writing the qualitative research and survey research segment, summarizing the data types used to draw conclusions, distributing research-based findings and then concluding with call. This edible oil market report for market research has been analyzed and structured by talented minds for a long time. In today’s fast-changing business environment, this report provides customers with information about their business scenario that helps them stay ahead of competition. The report also provides insights into revenue growth and sustainability initiative.

Market Analysis:

Global Edible Oils Market is expected to rise from its initial estimated value of USD 87.60 billion in 2018 to an estimated value of USD 131.91 billion by 2026, registering a CAGR of 5.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the benefits of strong supply chain of chain of edible oil products and retail outlets.

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Key Competitors:

  • Adani Wilmar Limited
  • Associated British Foods plc
  • Archer Daniels Midland Company
  • Global Canopy
  • Olympic Foods Ltd.
  • American Vegetable Oils, Inc
  • Cargill
  • BORGES INTERNATIONAL GROUP, S.L.
  • Fuji Vegetable Oil
  • Ruchi Soya Industries
  • Adams Group
  • ACH Food Companies
  • AJINOMOTO CO.INC
  • United Plantations Berhad
  • CHS Inc.

Key Developments in the Market:

  • In February, 2016, Adani Wilmar Ltd. Launched diabetic care oil “VIVO Fortune”which will help in controlling Type 2 Diabetes as diabetes is one of the fastest growing disease and the product is targeted at upper age segment.
  • In September 2016, Cargill launched a new product line of sunflower oil certified as non-genetically modified to capture consumers who are looking for organic and natural oil. The new launch will increase the market share of the company.

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Market Drivers & Restraints:

  • The strong supply chain of chain of edible oil products and established chain of retail outlets is one of the divers for market growth.
  • Increasing demand from growing population and rising household income is driving the market towards growth.
  • Lack of production of edible oil is likely to restrain the market growth
  • The government regulations regarding plastic materials used in packaging may restraint the market growth.

Segmentation:

Product Type

Vegetable Oils

  • Canola Oil
  • Olive Oil
  • Peanut Oil
  • Soybean Oil
  • Sunflower Oil
  • Others

Palm Oils

  • Coconut Oil
  • Palm Oil
  • Palm Kernel Oil

Industrial Oils

  • Castor Oil
  • Linseed Oil

Animal-Derived Oils

  • Fish Oil
  • Others

End-Use

  • Food
  • Animal feeds
  • Non-food uses
  • Biodiesel
  • Fatty acids and alcohols
  • Lubricants
  • Solvents
  • Other

Competitive Analysis:

Global edible oils market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of edible oils market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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