Vegetable Oils Market

Vegetable Oils Market Size, Share, Trends, Forecast Analysis, By Product Type (Palm, Soybean, Canola, Sunflower & Safflower, Other Products), By Processing Method (Mechanical, Hydrogenation, Other Processing Methods), By Application (Food, Industrial) & Region – Global Market Insights 2022 to 2032

Vegetable Oils Market Outlook (2022-2032)

The global vegetable oils market has reached a valuation of US$ 214 billion in 2022 and is likely to climb to US$ 336 billion by 2032-end, expanding at a CAGR of 4.6% through 2032.

Owing to industrial applications, the mechanical and some other extraction processes, such as hydrogenation deodorization and solvent extraction are bolstering growth opportunities in the global market. These methods are helpful to increase the production facilities of manufacturers.

Rapeseed oil is gaining popularity in Europe and some other regional areas due to increasing demand for these products from different end-user industries. For example, in addition to the food industry, they are used in lubricants as well as the mechanical industry, and for the production of oleochemicals. These factors are likely to create demand opportunities for industry products.

Vegetable oil is triglycerides that have been extracted from a lot of vegetable seeds, such as corn and sunflower, soybean, rapeseed, and so on. The oils are used at an increased rate in frying food articles, salad dressing, processed food, and some other traditional food articles. Further, vegetable oils which are Vitamin E enriched are crucial for the development and protection of cells.

Sesame oil, olive oil, and coconut oil are some popular types of oils that are used in personal care products. These oils come in various forms for easy application. Consumers around the world give preference to organic oils for the abovementioned applications.

The growing use of avocado oil due to its nutritional benefits on health and rising demand for canola oil in different snacks due to versatility and affordability are predicted to contribute to sales of industry products. Moreover, the launching of healthy soybean oil by industry players is also likely to propel novel opportunities for industry players.

Biofuel, personal care, pharmaceutical, and food industries are some popular end-users that are contributing to the overall growth of the global market of vegetable oils. Among these, personal care industries that use oils for the production of perfumes, shampoos, and some others are bolstering sales opportunities in the industry.

The presence of some supportive policies in different nations is also likely to boost growth opportunities in the market. RED (Renewable Energy Directive) and some other regulatory agencies provide assistance to support the production of vegetable oils in assorted industries. Moreover, the rising investment by industry players to renovate the production facilities is also predicted to drive novel growth avenues in the industry.

Report Attributes

Details

Vegetable Oils Market Size (2022)

US$ 214 Billion

Estimated Market Value (2032)

US$ 336 Billion

Anticipated Growth Rate of Global Market (2022-2032)

4.6% CAGR

Projected CAGR of Palm Segment (2032)

5.3%

Estimated CAGR of Soybean Segment (2032)

4.6%

Key Companies Profiled

  • Bunge Limited
  • Incorporated
  • Cargill
  • Wilmar International Ltd.
  • Louis Dreyfus Company BV

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Why are Sales Opportunities in the Vegetable Oils Market Increasing?

“Rising Inclination to Experiment in Food Industry”

Rising urbanization and growing disposable income of people are likely to impact growth avenues in the industry of vegetable oils. There is a constant change in trends of the global population as they are inclined to experiment in the food industry. Professionals are experimenting to cook new dishes with the use of different cuisines and food items.

Further, the increasing use of vegetable oil across the culinary sector and mechanical industries for instance cosmetics and lubricants, and personal care are likely to bolster sales opportunities in the global market.

There is a significant change in the economic condition of urban areas and developed countries around the world. In these areas, the population of working people is comparatively higher in numbers and they get less time for the preparation of food at home owing to their busy schedules. So, the rising demand for instant food and processed food is likely to present lucrative opportunities in the global market.

The expansion of facilities and advancements in the industry owing to favorable economic conditions are serving as vital factors to propel sales opportunities for vegetable oils. These oils are further converted into energy and biofuels that are utilized in different mechanical industries. Thus, based on these factors, the sales opportunities in the global market are predicted to increase.

“Advancements Making Vegetable Oils More Suitable for Several End-user Industries”

In recent years, numerous advancements are taking place in the industry of vegetable oils. These innovations make these products more suitable for different consumers and end-user industries. For instance, the manufacturers serving in the industry are making alterations to the genetic information related to oilseed crops.

Further, the production of canola oil which is a rich source of Alpha-linolenic acid finds applications in fuel, feed, and food. Vegans are using canola oil at an increased rate which is likely to provide assistance in generating novel sales opportunities in the global market.

“Fortification of Vegetable Oil with Vitamins and Other Nutrients”

The nutritional value of oils increases with the process of adding some micronutrients. As per the data provided by FSSAI (Food Safety and Standards Authority of India), the use of fortified oil is helpful for individuals to meet around 25-30% of their recommended dietary intake for vitamin D and A. Fortification with both these vitamins serves as an effective strategy to combat micronutrient malnutrition as both vitamins are fat-soluble.

The rising trend of low-fat and fitness leads to inadequate intake of micronutrients that are fat-soluble so with the oil fortification people can get a sufficient amount of the abovementioned vitamins through food.

Which Aspects are Likely to Restrict Demand Growth for Vegetable Oils?

“Harmful Substances in Refined Vegetable Oils”

The food industry uses refined vegetable oil at an increased rate. These oils possess some harmful components and ingredients. Further, the standards that are imposed on the industry of food are higher in some nations thus put a direct impact on the overall growth of the market of vegetable oils.

The unavailability of effective regulatory standards and laws across the production facility on the global market is likely to impede the growth opportunities in the market. The health-related concerns and toxicity of vegetable oil owing to higher consumption of these oils and fats are anticipated to curtail growth opportunities in the industry.

“Rising Cases of Adulteration Being Witnessed”

The waste that is generated in the industry of food along with the degradation of the quality of the used oil is serving as the pivotal challenges that are faced by the players in the market of vegetable oils.

Adulteration, counterfeiting activities, and deception are some noticeable challenges that are occurring on regular basis in the global market. Adulteration of cooking oil further leads to a myriad of diseases, cancer, intense destruction of the gall bladder, loss of eyesight, dropsy, and many more. Thus, these harmful health hazards that are caused because of counterfeiting practices across the industry are predicted to restrict growth opportunities in the global market in the years to come.

Vegetable oils market forecast by Fact.MR

What Business Opportunities Can New Market Entrants Explore?

“Start-ups Can Focus on Research to Produce Organic Vegetable Oils”

The increasing per capita income of people from emerging economies around the world is bolstering sales opportunities for vegetable oils. The consumption of oils is likely to see noticeable growth in the forecasted period. This rapid growth in consumption capacities is attributed to increasing trade activities and the expansion of oilseed cultivation.

The new entrants in the industry are taking efforts to produce organic or natural vegetable oils that are not refined and generate minimum waste.

For instance,

  • Zero Acre Farms is a company that was founded in the year 2020. The company is based in San Mateo, California, and is focused on fats, sustainable, and healthy oils. The company aims to end the dependency of the food industry on destructive vegetable oils. It has developed a novel type of cooking oil that is generated by microbes while using the fermentation process.

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Which Regional Market Generates Huge Demand for Vegetable Oils?

“Prominent Agricultural Industry in Asia Pacific”

Out of other regional areas, the Asia Pacific is holding a leading position in the global market due to its significant position across the agricultural industry. Further, various cuisines are easily available in the regional market. The region also has a variety of food habits and cultures.

Growing requirement for healthy oils because of varied food cultures is bolstering growth opportunities in the regional market. In addition, economic conditions and a growing population have increased the use of palm oil and soybean oil.

Rising demand from industrial plants, for instance, food & beverages, personal care products, pharmaceuticals, and other biofuel and biodiesel plants which are completely reliant on the production of organic vegetable oil are boosting growth opportunities in the regional market.

Similarly, the demand across North America and Europe is owing to the presence of various personal care products, food & beverages, and pharmaceuticals industries that are further bolstering sales opportunities for vegetable oils in the regional markets. The market from Italy and Spain is providing lucrative opportunities due to the extensive use of olive oils by consumers.

Country-wise Insights

How is the U.S. Creating New Sales Avenues for Vegetable Oil Suppliers?

“Rising Popularity of Fast Food in U.S. Driving Consumption of Vegetable Oils

Increasing popularity of fast food along with changes in customer lifestyles towards convenient foods is estimated to bolster the demand for vegetable oils in the United States. The food processing & food service industries will be key contributors to the demand for vegetable oil in the country over the coming years

Which Other Countries Will See High Consumption of Vegetable Oil?

“Europe & Asia Pacific to Account for Substantial Revenue Streams

Other noticeable geographic markets are Canada and Japan, and these two markets are likely to progress at CAGRs of 3.4% and 3%, respectively through 2032.

Within Europe, the market in Germany is anticipated to expand at a CAGR of 2.5% during the forecast period. Further, led by countries such as South Korea, India, and Australia, the regional market of Asia Pacific is anticipated to grow at a significant speed over the decade.

Category-wise Insights

Which Type of Vegetable Oil Dominates the Global Market?

“Growing Use of Palm Oil across the World”

Based on product, the market has been bifurcated into palm, soybean, canola, sunflower & safflower, and other products. Among these product types, palm oil holds a prominent share in the global market owing to its increased application to prepare different foods, biofuels, and industrial chemicals.

The palm oil and soybean oil market segments are estimated to progress at CAGRs of 5.3% and 4.6%, respectively.

Why is Application of Vegetable Oil Surging in Food Products?

“Rising Use of Different Oils for Cooking Purposes

Based on application, the market is divided into food, industrial, and biofuel. Among these segments, vegetable oils are used at an increased rate in different food products. Be it routine household cooking or restaurant food, oils play a pivotal role.

Different types of vegetable oils, for instance, olive oil, coconut oil, and others are used by consumers around the world. Oils are used to fry different food articles, processed food, salad dressing, and some other traditional food items. In addition, vegetable oils with vitamin E also find application to develop and protect cells.

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Competitive Landscape

Key manufacturers of vegetable oils are taking initiatives to generate novel growth opportunities with the adoption of many strategies, including mergers & acquisitions, collaboration, partnerships, novel product launches, portfolio expansion, and many more.

For instance,

  • Cargill Incorporation, in 2021, acquired an edible oil refinery that is situated in Nellore, India. The company has invested around US$ 35 million to increase its production capacity of the company.
  • Bunge Loders Croklaan, in 2021, expanded its fats and oils portfolio to match the organic demand in the European region and offer a scalable and steady supply of organic oils and fats that include coconut, shea, palm, soy, rapeseed, and sunflower.

Key manufacturers operating in the global vegetable oils market include Bunge Limited, Incorporated, Cargill, Wilmar International Ltd., and Louis Dreyfus Company BV.

Segmentation of Vegetable Oils Industry Research

  • By Product:

    • Palm
    • Soybean
    • Canola
    • Sunflower & Safflower
    • Other Products
  • By Processing Method:

    • Mechanical
    • Hydrogenation
    • Other Processing Methods
  • By Application:

    • Food
    • Industrial
    • Biofuel
  • By Region:

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Table of Content

1. Global Vegetable Oils Market - Executive Summary

    1.1. Global Market Overview

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Fact.MR Analysis and Recommendations

2. Global Vegetable Oils Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on Vegetable Oils

        3.1.2. COVID-19 Crisis and Impact on Aprotic Solvent Prices

        3.1.3. COVID-19 Impact Benchmark with Previous Crisis

            3.1.3.1. Change in Vegetable Oils Demand

            3.1.3.2. Before and After COVID-19 Crisis (Projected)

            3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.3.4. Change in Demand post Recovery Period (After Each Crisis)

        3.1.4. Impact on Market and Value (US$ Mn)

            3.1.4.1. Likely Loss of Value in 2020

            3.1.4.2. Mid-term and Long Term Forecast

            3.1.4.3. Quarter by Quarter Demand and Recovery Assessment

        3.1.5. Anticipated Demand and Value Recovery Curve

            3.1.5.1. Likelihood of U-Shape Recovery

            3.1.5.2. Likelihood of L-Shape Recovery

        3.1.6. Recovery Period Assessment by Key Countries

        3.1.7. Recovery Assessment by Key Market Segments

        3.1.8. Action Points and Recommendations for Suppliers

        3.1.9. Impact on Trade Balance

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Processing Method Development Trends

4. Market Background and foundation Data Points

    4.1. Need of the Hour for Industries

    4.2. Industry Wise Industry 4.0

    4.3. Vegetable Oils – Strategic Priorities

    4.4. Life Cycle Stage

    4.5. Importance of Technology

    4.6. Use Cases of Vegetable Oils

    4.7. Forecast Factors: Relevance and Impact

    4.8. Investment Feasibility Matrix

    4.9. PESTLE Analysis

    4.10. Porter’s Five Forces Analysis

    4.11. Market Dynamics

        4.11.1. Drivers

        4.11.2. Restraints

        4.11.3. Opportunity Analysis

        4.11.4. Trend

5. Global Vegetable Oils Market Demand (US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032

    5.1. Historical Market Value (US$ Mn) Analysis, 2017-2021

    5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032, By Processing Method

    6.1. Introduction / Key Findings

    6.2. Historical Market Value (US$ Mn) Analysis By Processing Method, 2017-2021

    6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Processing Method, 2022-2032

        6.3.1. Mechanical

        6.3.2. Hydrogenation

        6.3.3. Other Processing Methods

    6.4. Market Attractiveness Analysis By Processing Method

7. Global Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032, by Product

    7.1. Introduction / Key Findings

    7.2. Historical Market Value (US$ Mn) Analysis By Product , 2017-2021

    7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Product, 2022-2032

        7.3.1. Palm

        7.3.2. Soybean

        7.3.3. Canola

        7.3.4. Sunflower & Safflower

        7.3.5. Other Products

    7.4. Market Attractiveness Analysis By Product

8. Global Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032, by Application

    8.1. Introduction / Key Findings

    8.2. Historical Market Value (US$ Mn) Analysis By Application, 2017-2021

    8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Application, 2022-2032

        8.3.1. Food

        8.3.2. Industrial

        8.3.3. Biofuel

    8.4. Market Attractiveness Analysis By Application

9. Global Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032, by Region

    9.1. Introduction / Key Findings

    9.2. Historical Market Value (US$ Mn) Analysis By Region, 2017-2021

    9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia

        9.3.5. South Asia & Oceania

        9.3.6. Middle East and Africa (MEA)

    9.4. Market Attractiveness Analysis By Region

10. North America Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032

    10.1. Introduction / Key Findings

    10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        10.3.1. By Country

            10.3.1.1. U.S.

            10.3.1.2. Canada

        10.3.2. By Processing Method

        10.3.3. By Product

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Processing Method

        10.4.3. By Product

11. Latin America Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        11.3.1. By Country

            11.3.1.1. Brazil

            11.3.1.2. Mexico

            11.3.1.3. Rest of Latin America

        11.3.2. By Processing Method

        11.3.3. By Product

        11.3.4. By Application

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Processing Method

        11.4.3. By Product

        11.4.4. By Application

12. Europe Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        12.3.1. By Country

            12.3.1.1. Germany

            12.3.1.2. France

            12.3.1.3. Italy

            12.3.1.4. Spain

            12.3.1.5. UK

            12.3.1.6. BENELUX

            12.3.1.7. Russia

            12.3.1.8. Rest of Europe

        12.3.2. By Processing Method

        12.3.3. By Product

        12.3.4. By Application

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Processing Method

        12.4.3. By Product

        12.4.4. By Application

13. East Asia Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        13.3.1. By Country

            13.3.1.1. China

            13.3.1.2. Japan

            13.3.1.3. South Korea

        13.3.2. By Processing Method

        13.3.3. By Product

        13.3.4. By Application

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Processing Method

        13.4.3. By Product

        13.4.4. By Application

14. South Asia & Oceania Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032

    14.1. Introduction / Key Findings

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        14.3.1. By Country

            14.3.1.1. India

            14.3.1.2. Thailand

            14.3.1.3. Malaysia

            14.3.1.4. Singapore

            14.3.1.5. Vietnam

            14.3.1.6. ANZ

            14.3.1.7. Rest of South Asia & Oceania

        14.3.2. By Processing Method

        14.3.3. By Product

        14.3.4. By Application

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Processing Method

        14.4.3. By Product

        14.4.4. By Application

15. Middle East and Africa Vegetable Oils Market Analysis 2017-2021 and Forecast 2022-2032

    15.1. Introduction / Key Findings

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        15.3.1. By Country

            15.3.1.1. GCC Countries

            15.3.1.2. South Africa

            15.3.1.3. Israel

            15.3.1.4. Rest of Middle East and Africa (MEA)

        15.3.2. By Processing Method

        15.3.3. By Product

        15.3.4. By Application

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Processing Method

        15.4.3. By Product

        15.4.4. By Application

16. Market Structure Analysis

    16.1. Market Analysis by Tier of Companies

    16.2. Market Concentration

    16.3. Market Share Analysis of Top Players

    16.4. Market Presence Analysis

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Competition Deep Dive

        17.3.1. Bunge Limited

            17.3.1.1. Company Overview

            17.3.1.2. Processing Method overview

            17.3.1.3. SWOT Analysis

            17.3.1.4. Key Developments

        17.3.2. Incorporated

            17.3.2.1. Company Overview

            17.3.2.2. Processing Method overview

            17.3.2.3. SWOT Analysis

            17.3.2.4. Key Developments

        17.3.3. Cargill

            17.3.3.1. Company Overview

            17.3.3.2. Processing Method overview

            17.3.3.3. SWOT Analysis

            17.3.3.4. Key Developments

        17.3.4. Wilmar International Ltd.

            17.3.4.1. Company Overview

            17.3.4.2. Processing Method overview

            17.3.4.3. SWOT Analysis

            17.3.4.4. Key Developments

        17.3.5. Louis Dreyfus Company BV

            17.3.5.1. Company Overview

            17.3.5.2. Processing Method overview

            17.3.5.3. SWOT Analysis

            17.3.5.4. Key Developments

18. Assumptions And Acronyms Used

19. Research Methodology

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List Of Table

Table 01: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2017-2021

Table 02: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2022-2032

Table 03: Global Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Processing Method, 2022-2032

Table 04: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 05: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 06: Global Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 07: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2017-2021

Table 08: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2022-2032

Table 09: Global Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032

Table 10: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Region, 2017-2021

Table 11: Global Vegetable Oils Market Value (US$ Mn) Analysis, by Region, 2022-2032

Table 12: Global Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Region, 2022-2032

Table 13: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 14: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 15: North America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 16: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2017-2021

Table 17: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2022-2032

Table 18: North America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Processing Method, 2022-2032

Table 19: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 20: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 21: North America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 22: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2017-2021

Table 23: North America Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2022-2032

Table 24: North America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032

Table 25: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 26: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 27: Latin America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 28: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2017-2021

Table 29: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2022-2032

Table 30: Latin America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Processing Method, 2022-2032

Table 31: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 32: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 33: Latin America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 34: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2017-2021

Table 35: Latin America Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2022-2032

Table 36: Latin America Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032

Table 37: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 38: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 39: Europe Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 40: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2017-2021

Table 41: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2022-2032

Table 42: Europe Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Processing Method, 2022-2032

Table 43: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 44: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 45: Europe Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 46: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2017-2021

Table 47: Europe Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2022-2032

Table 48: Europe Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032

Table 49: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 50: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 51: East Asia Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 52: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2017-2021

Table 53: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2022-2032

Table 54: East Asia Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Processing Method, 2022-2032

Table 55: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 56: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 57: East Asia Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 58: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2017-2021

Table 59: East Asia Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2022-2032

Table 60: East Asia Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032

Table 61: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 62: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 63: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 64: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2017-2021

Table 65: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2022-2032

Table 66: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Processing Method, 2022-2032

Table 67: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 68: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 69: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 70: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2017-2021

Table 71: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2022-2032

Table 72: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032

Table 73: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 74: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 75: MEA Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 76: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2017-2021

Table 77: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Processing Method, 2022-2032

Table 78: MEA Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Processing Method, 2022-2032

Table 79: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 80: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 81: MEA Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 82: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2017-2021

Table 83: MEA Vegetable Oils Market Value (US$ Mn) Analysis, by Application, 2022-2032

Table 84: MEA Vegetable Oils Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032

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List Of Figures

Figure 01: Global Vegetable Oils Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 02: Global Vegetable Oils Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 03: Global Vegetable Oils Market Value Y-o-Y Growth and Forecast, 2017-2032

Figure 04: Global Vegetable Oils Market Incremental $ Opportunity, 2022-2032

Figure 05: Global Vegetable Oils Market Share and BPS Analysis by Processing Method, 2022 & 2032

Figure 06: Global Vegetable Oils Market Y-o-Y Growth Projections by Processing Method, 2022-2032

Figure 07: Global Vegetable Oils Market Attractiveness Analysis by Processing Method, 2022-2032

Figure 08: Global Vegetable Oils Market Share and BPS Analysis by Product, 2022 & 2032

Figure 09: Global Vegetable Oils Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 10: Global Vegetable Oils Market Attractiveness Analysis by Product, 2022-2032

Figure 11: Global Vegetable Oils Market Share and BPS Analysis by Application, 2022 & 2032

Figure 12: Global Vegetable Oils Market Y-o-Y Growth Projections by Application, 2022-2032

Figure 13: Global Vegetable Oils Market Attractiveness Analysis by Application, 2022-2032

Figure 14: Global Vegetable Oils Market Share and BPS Analysis by Region, 2022 & 2032

Figure 15: Global Vegetable Oils Market Y-o-Y Growth Projections by Region, 2022-2032

Figure 16: Global Vegetable Oils Market Attractiveness Analysis by Region, 2022-2032

Figure 17: North America Vegetable Oils Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 18: North America Vegetable Oils Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 19: North America Vegetable Oils Market Value Y-o-Y Growth and Forecast, 2032

Figure 20: North America Vegetable Oils Market Incremental $ Opportunity, 2022-2032

Figure 21: North America Vegetable Oils Market Share Analysis by Country, 2022 & 2032

Figure 22: North America Vegetable Oils Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 23: North America Vegetable Oils Market Attractiveness Analysis by Country, 2022-2032

Figure 24: North America Vegetable Oils Market Share and BPS Analysis by Processing Method, 2022 & 2032

Figure 25: North America Vegetable Oils Market Y-o-Y Growth Projections by Processing Method, 2022-2032

Figure 26: North America Vegetable Oils Market Attractiveness Analysis by Processing Method, 2022-2032

Figure 27: North America Vegetable Oils Market Share and BPS Analysis by Product, 2022 & 2032

Figure 28: North America Vegetable Oils Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 29: North America Vegetable Oils Market Attractiveness Analysis by Product, 2022-2032

Figure 30: North America Vegetable Oils Market Share and BPS Analysis by Application, 2022 & 2032

Figure 31: North America Vegetable Oils Market Y-o-Y Growth Projections by Application, 2022-2032

Figure 32: North America Vegetable Oils Market Attractiveness Analysis by Application, 2022-2032

Figure 33: Latin America Vegetable Oils Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 34: Latin America Vegetable Oils Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 35: Latin America Vegetable Oils Market Value Y-o-Y Growth and Forecast, 2017-2032

Figure 36: Latin America Vegetable Oils Market Incremental $ Opportunity, 2022-2032

Figure 37: Latin America Vegetable Oils Market Share Analysis by Country, 2022 & 2032

Figure 38: Latin America Vegetable Oils Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 39: Latin America Vegetable Oils Market Attractiveness Analysis by Country, 2022-2032

Figure 40: Latin America Vegetable Oils Market Share and BPS Analysis by Processing Method, 2022 & 2032

Figure 41: Latin America Vegetable Oils Market Y-o-Y Growth Projections by Processing Method, 2022-2032

Figure 42: Latin America Vegetable Oils Market Attractiveness Analysis by Processing Method, 2022-2032

Figure 43: Latin America Vegetable Oils Market Share and BPS Analysis by Product, 2022 & 2032

Figure 44: Latin America Vegetable Oils Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 45: Latin America Vegetable Oils Market Attractiveness Analysis by Product, 2022-2032

Figure 46: Latin America Vegetable Oils Market Share and BPS Analysis by Application, 2022 & 2032

Figure 47: Latin America Vegetable Oils Market Y-o-Y Growth Projections by Application, 2022-2032

Figure 48: Latin America Vegetable Oils Market Attractiveness Analysis by Application, 2022-2032

Figure 49: Europe Vegetable Oils Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 50: Europe Vegetable Oils Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 51: Europe Vegetable Oils Market Value Y-o-Y Growth and Forecast, 2017-2032

Figure 52: Europe Vegetable Oils Market Incremental $ Opportunity, 2022-2032

Figure 53: Europe Vegetable Oils Market Share Analysis by Country, 2022 & 2032

Figure 54: Europe Vegetable Oils Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 55: Europe Vegetable Oils Market Attractiveness Analysis by Country, 2022-2032

Figure 56: Europe Vegetable Oils Market Share and BPS Analysis by Processing Method, 2022 & 2032

Figure 57: Europe Vegetable Oils Market Y-o-Y Growth Projections by Processing Method, 2022-2032

Figure 58: Europe Vegetable Oils Market Attractiveness Analysis by Processing Method, 2022-2032

Figure 59: Europe Vegetable Oils Market Share and BPS Analysis by Product, 2022 & 2032

Figure 60: Europe Vegetable Oils Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 61: Europe Vegetable Oils Market Attractiveness Analysis by Product, 2022-2032

Figure 62: Europe Vegetable Oils Market Share and BPS Analysis by Application, 2022 & 2032

Figure 63: Europe Vegetable Oils Market Y-o-Y Growth Projections by Application, 2022-2032

Figure 64: Europe Vegetable Oils Market Attractiveness Analysis by Application, 2022-2032

Figure 65: East Asia Vegetable Oils Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 66: East Asia Vegetable Oils Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 67: East Asia Vegetable Oils Market Value Y-o-Y Growth and Forecast, 2017-2032

Figure 68: East Asia Vegetable Oils Market Incremental $ Opportunity, 2022-2032

Figure 69: East Asia Vegetable Oils Market Share Analysis by Country, 2022 & 2032

Figure 70: East Asia Vegetable Oils Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 71: East Asia Vegetable Oils Market Attractiveness Analysis by Country, 2022-2032

Figure 72: East Asia Vegetable Oils Market Share and BPS Analysis by Processing Method, 2022 & 2032

Figure 73: East Asia Vegetable Oils Market Y-o-Y Growth Projections by Processing Method, 2022-2032

Figure 74: East Asia Vegetable Oils Market Attractiveness Analysis by Processing Method, 2022-2032

Figure 75: East Asia Vegetable Oils Market Share and BPS Analysis by Product, 2022 & 2032

Figure 76: East Asia Vegetable Oils Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 77: East Asia Vegetable Oils Market Attractiveness Analysis by Product, 2022-2032

Figure 78: East Asia Vegetable Oils Market Share and BPS Analysis by Application, 2022 & 2032

Figure 79: East Asia Vegetable Oils Market Y-o-Y Growth Projections by Application, 2022-2032

Figure 80: East Asia Vegetable Oils Market Attractiveness Analysis by Application, 2022-2032

Figure 81: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 82: South Asia & Oceania Vegetable Oils Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 83: South Asia & Oceania Vegetable Oils Market Value Y-o-Y Growth and Forecast, 2017-2032

Figure 84: South Asia & Oceania Vegetable Oils Market Incremental $ Opportunity, 2022-2032

Figure 85: South Asia & Oceania Vegetable Oils Market Share Analysis by Country, 2022 & 2032

Figure 86: South Asia & Oceania Vegetable Oils Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 87: South Asia & Oceania Vegetable Oils Market Attractiveness Analysis by Country, 2022-2032

Figure 88: South Asia & Oceania Vegetable Oils Market Share and BPS Analysis by Processing Method, 2022 & 2032

Figure 89: South Asia & Oceania Vegetable Oils Market Y-o-Y Growth Projections by Processing Method, 2022-2032

Figure 90: South Asia & Oceania Vegetable Oils Market Attractiveness Analysis by Processing Method, 2022-2032

Figure 91: South Asia & Oceania Vegetable Oils Market Share and BPS Analysis by Product, 2022 & 2032

Figure 92: South Asia & Oceania Vegetable Oils Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 93: South Asia & Oceania Vegetable Oils Market Attractiveness Analysis by Product, 2022-2032

Figure 94: South Asia & Oceania Vegetable Oils Market Share and BPS Analysis by Application, 2022 & 2032

Figure 95: South Asia & Oceania Vegetable Oils Market Y-o-Y Growth Projections by Application, 2022-2032

Figure 96: South Asia & Oceania Vegetable Oils Market Attractiveness Analysis by Application, 2022-2032

Figure 97: MEA Vegetable Oils Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 98: MEA Vegetable Oils Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 99: MEA Vegetable Oils Market Value Y-o-Y Growth and Forecast, 2017-2032

Figure 100: MEA Vegetable Oils Market Incremental $ Opportunity, 2022-2032

Figure 101: MEA Vegetable Oils Market Share Analysis by Country, 2022 & 2032

Figure 102: MEA Vegetable Oils Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 103: MEA Vegetable Oils Market Attractiveness Analysis by Country, 2022-2032

Figure 104: MEA Vegetable Oils Market Share and BPS Analysis by Processing Method, 2022 & 2032

Figure 105: MEA Vegetable Oils Market Y-o-Y Growth Projections by Processing Method, 2022-2032

Figure 106: MEA Vegetable Oils Market Attractiveness Analysis by Processing Method, 2022-2032

Figure 107: MEA Vegetable Oils Market Share and BPS Analysis by Product, 2022 & 2032

Figure 108: MEA Vegetable Oils Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 109: MEA Vegetable Oils Market Attractiveness Analysis by Product, 2022-2032

Figure 110: MEA Vegetable Oils Market Share and BPS Analysis by Application, 2022 & 2032

Figure 111: MEA Vegetable Oils Market Y-o-Y Growth Projections by Application, 2022-2032

Figure 112: MEA Vegetable Oils Market Attractiveness Analysis by Application, 2022-2032

Know thy Competitors

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- FAQs -

What is the size of the vegetable oils market in 2022?

The global vegetable oils market is valued at US$ 214 billion in 2022.

At what CAGR is the demand for vegetable oils likely to progress?

Worldwide demand for vegetable oils is expected to increase at a CAGR of 4.6% through 2032.

What is the estimated value of vegetable oil sales for 2032?

The vegetable oils industry is anticipated to reach a valuation of US$ 336 billion by the end of 2032.

What is the projected CAGR for the palm segment?

The palm segment is estimated to progress at a CAGR of 5.3% during the forecast period from 2022 to 2032.

What is the expected growth rate for the soybean segment?

The soybean segment is likely to expand at a CAGR of 4.6% through 2032.

Which key players are operating in the global market?

Key suppliers of vegetable oils include Bunge Limited, Incorporated, Cargill, Wilmar International Ltd., and Louis Dreyfus Company BV.

Vegetable Oils Market

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