Global Cooking Oil Market Overview:
According to SPER Market Research, the Global Cooking Oil Market is estimated to reach USD 310.18 billion by 2032 with a CAGR of 5.71%.
In order to cook, fry, and bake meals, cooking oils made from synthetic, animal, or plant fats are utilised. Various types of cooking oil are readily accessible all over the world, including vegetable oil, soybean oil, olive oil, palm oil, groundnut oil, rapeseed oil, and others. The market for cooking oil is anticipated to expand more quickly as a result of strategic partnerships between industry participants and the increasing use of processed meals. However, it is anticipated that a growth-restricting aspect for the market would be the gap between the output of cooking oil and the incoming demand. Due to the region's high cooking oil consumption, the regional research predicts that the market share of cooking oil in the Asia-Pacific will increase throughout the review period.
Impact of COVID-19 on the Global Cooking Oil Market
The market for cooking oil was moderately influenced by Covid-19. It had a severe impact on a number of businesses, and the demand for cooking oil grew slowly during this time. The distribution networks have been disrupted by the total lockdown, making it difficult for edible oil refiners to market their final products. Additionally, the closure of hotels, restaurants, and roadside eateries may reduce demand for cooking oil on a worldwide scale. Nevertheless, a number of businesses are using their strategic plans and initiatives to assist society in regaining control of the chaotic situation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Distribution Channel, By Type, By End User |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Archer Daniels Midland Company, Associated British Foods P.L.C., Bunge Ltd., Bunge Ltd., Cargill Inc., CJ Cheiljedang Corporation, ConAgra Brands Inc., Fuji Oil Company Ltd., George Weston Foods Ltd., IFFCO Group, Kaneka Corporation, Louis Dreyfus Co., Nutiva, Olam International Ltd., Ottogi Co. Ltd., SIFCA SA, Sime Darby Plantation, Wilmar International Ltd.
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Global Cooking Oil Market Segmentation:
By Distribution channel: Based on the Distribution Channel, Global Cooking Oil Market is segmented as; Business to Business, Hypermarket/Supermarket, Online Sale Channel, Retail Stores.
By Type: Based on the Type, Global Cooking Oil Market is segmented as; Olive Oil, Palm Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, Sunflower Oil, Others.
By End User: Based on the End User, Global Cooking Oil Market is segmented as; Food Processing, Food Services, Residential, Others.
By Region: Due to increase per capita consumption of edible oils and rising demand for a variety of processed ready-to-serve foods, North America is projected to present considerable growth prospects for the cooking oil industry. High per capita income and the utilisation of cutting-edge manufacturing methods by major participants in the industry drive the market.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Cooking Oil Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Cooking Oil Market, By Distribution Channel, 2019-2032 (USD Million)
6.1. Business to Business
6.2. Hypermarket/Supermarket
6.3. Online Sale Channel
6.4. Retail Stores
7. Global Cooking Oil Market, By Type, 2019-2032 (USD Million)
7.1. Olive Oil
7.2. Palm Oil
7.3. Peanut Oil
7.4. Rapeseed Oil
7.5. Soybean Oil
7.6. Sunflower Oil
7.7. Others
8. Global Cooking Oil Market, By End User, 2019-2032 (USD Million)
8.1. Food Processing
8.2. Food Services
8.3. Residential
8.4. Others
9. Global Cooking Oil Market, By Region, 2019-2032 (USD Million)
9.1 North America
9.1.1 United States
9.1.2 Canada
9.1.3 Mexico
9.2 Europe
9.2.1 Germany
9.2.2 United Kingdom
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6 Rest of Europe
9.3 Asia-Pacific
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 Australia
9.3.5 South Korea
9.3.6 Rest of Asia-Pacific
9.4 South America
9.4.1 Brazil
9.4.2 Argentina
9.4.3 Rest of South America
9.5 Middle East & Africa
9.5.1 Kingdom of Saudi Arabia
9.5.2 United Arab Emirates
9.5.3 Rest of Middle East & Africa
10. Company Profiles
10.1 Amazon.com Inc.
10.1.2. Financial outlook
10.1.4. Recent developments
10.2.2. Financial outlook
10.2.4. Recent developments
10.3.2. Financial outlook
10.3.4. Recent developments
10.4.2. Financial outlook
10.4.4. Recent developments
10.5 Costco Wholesale Corporation
10.5.2. Financial outlook
10.5.4. Recent developments
10.6.2. Financial outlook
10.6.4. Recent developments
10.7.2. Financial outlook
10.7.4. Recent developments
10.8.2. Financial outlook
10.8.4. Recent developments
10.9.2. Financial outlook
10.9.4. Recent developments
10.10 HealthWarehouse Inc.
10.10.2. Financial outlook
10.10.4. Recent developments
10.11 Hims & Hers Health Inc.
10.11.2. Financial outlook
10.11.4. Recent developments
10.12.2. Financial outlook
10.12.4. Recent developments
10.13.2. Financial outlook
10.13.4. Recent developments
10.14 NorthWestPharmacy.com
10.14.2. Financial outlook
10.14.4. Recent developments
10.15.2. Financial outlook
10.15.4. Recent developments
10.16.2. Financial outlook
10.16.4. Recent developments
10.17 Pharmex Direct Inc.
10.17.2. Financial outlook
10.17.4. Recent developments
10.18 Rexall Pharmacy Group ULC
10.18.2. Financial outlook
10.18.4. Recent developments
10.19.2. Financial outlook
10.19.4. Recent developments
10.20.2. Financial outlook
10.20.4. Recent developments
10.21.2. Financial outlook
10.21.4. Recent developments
10.22.2. Financial outlook
10.22.4. Recent developments
10.23.2. Financial outlook
10.23.4. Recent developments
10.24.2. Financial outlook
10.24.4. Recent developments
10.25 The Independent Pharmacy
10.25.2. Financial outlook
10.25.4. Recent developments
10.26.2. Financial outlook
10.26.4. Recent developments
10.27.2. Financial outlook
10.27.4. Recent developments
10.28.2. Financial outlook
10.28.4. Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
