Edible Oils and Fats Market Size, Share, Trends and Analysis 2034

Global Edible Oils and Fats Market Size - By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

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Published: Jun-2025	Report ID: FMCG25111	Pages: 1 - 276	Formats^*:
Category : Consumer & Retail

Edible Oils And Fats Market Introduction and Overview

According to SPER Market Research, the Global Edible Oils And Fats Market is estimated to reach USD 1002.28 billion by 2034 with a CAGR of 6.15%.

The report includes an in-depth analysis of the Global Edible Oils And Fats Market, including market size and trends, product mix, Applications, and supplier analysis. The global Edible Oils & Fats market was valued at USD 551.81 billion in 2024 and is projected to increase at a compound annual growth rate (CAGR) of 6.15% between 2025 and 2034. Edible oils and fats play a vital role in cooking, baking, and food processing, sourced from both plants such as olive, palm, and soybean oils and animals, including butter and lard. They enhance flavor, texture, and contribute to dietary nutrition. The edible oils and fats market has wide-ranging applications, especially in processed foods, snacks, and confectionery products. With increasing consumer preference for health-conscious choices like avocado and olive oils, along with the rise of plant-based alternatives, the market presents strong potential for innovation. Moreover, growing demand for sustainable, non-GMO, and organic products is further propelling the marketâ€™s expansion.

By Type Insights:

Based on type, the vegetable oils segment accounts for a major portion of the edible oils and fats market, driven by its widespread use, cost-effectiveness, and health-oriented attributes. Common oils like palm, soybean, sunflower, and canola are extensively utilized in cooking, processed foods, snacks, sauces, and bakery items. Increasing consumer inclination toward nutritious, plant-based alternatives especially those high in unsaturated fats and omega-3â€”continues to fuel demand. Furthermore, the growing emphasis on sustainability and the rising preference for non-GMO and organic products are opening up new growth opportunities, particularly in markets focused on environmental responsibility and clean-label food products.

By Application Insights:

Based on Application, the bakery and confectionery segment holds a prominent share in the edible oils and fats market, as these products depend heavily on oils and fats to achieve desired texture, flavor, and extended shelf life. Commonly used oils like palm, canola, and sunflower are essential in producing bread, pastries, cakes, and cookies, while fats such as butter and margarine are vital for making chocolates and sweets. With rising consumer interest in healthier choices particularly low-saturated-fat and trans-fat-free products manufacturers are now creating specialized oil and fat formulations, opening new avenues for innovation and expansion within this segment.

Regional Insights:

The U.S. edible oils and fats market holds a leading position, fueled by rising health awareness among consumers and a strong preference for nutritious alternatives like avocado, olive, and coconut oils. This growing inclination toward plant-based eating habits and the movement to eliminate trans fats from food products are encouraging the replacement of animal fats with vegetable oils, thereby supporting steady market expansion.

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Market Competitive Landscape:

Major players in the edible oils and fats market focus on sustainability, product innovation, strategic partnerships, and advanced technologies to meet evolving health trends and strengthen their competitive global presence. Some key players are- ACH Food Companies, Inc, Archer Daniels Midland Company (ADM), Bunge Limited, Cargill Inc, Conagra Brands, Inc, Fuji Oil Co., Ltd, GrainCorp, IOI Corporation Berhad, Louis Dreyfus Company B.V, and The Nisshin Oillio Group Ltd.

Scope of the report:

Report Metric	Details
Market size available for years	2021-2034
Base year considered	2024
Forecast period	2025-2034
Segments covered	By Type, By Application
Regions covered	North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered	ACH Food Companies, Inc, Archer Daniels Midland Company (ADM), Bunge Limited, Cargill Inc, Conagra Brands, Inc, Fuji Oil Co, Ltd, GrainCorp, IOI Corporation Berhad, Louis Dreyfus Company B.V, The Nisshin Oillio Group Ltd.

Key Topics Covered in the Report:

Global Edible Oils & Fats Market Size (FY 2021-FY 2034)
Overview of Global Edible Oils & Fats Market
Segmentation of Global Edible Oils & Fats Market By Type (Vegetable oils, Animal fats)
Segmentation of Global Edible Oils & Fats Market By Application (Bakery and confectionery, Snacks, Meat products, Others)
Statistical Snap of Global Edible Oils & Fats Market
Expansion Analysis of Global Edible Oils & Fats Market
Problems and Obstacles in Global Edible Oils & Fats Market
Competitive Landscape in the Global Edible Oils & Fats Market
Details on Current Investment in Global Edible Oils & Fats Market
Competitive Analysis of Global Edible Oils & Fats Market
Prominent Players in the Global Edible Oils & Fats Market
SWOT Analysis of Global Edible Oils & Fats Market
Global Edible Oils & Fats Market Future Outlook and Projections (FY 2025-FY 2034)
Recommendations from Analyst

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. SPERs internal database
2.1.4. Premium insight from KOLs

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

5. Market variable 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. PORTERs Five Forces

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. Competitive Landscape

6.1. Global Edible Oils & Fats Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Edible Oils & Fats Market

7. Global Edible Oils & Fats Market, By Type (USD Million) 2021-2034

7.1. Vegetable oils
7.2. Animal fats

8. Global Edible Oils & Fats Market, By Application (USD Million) 2021-2034

8.1. Bakery and confectionery
8.2. Snacks
8.3. Meat products
8.4. Others

9. Global Edible Oils & Fats Market, (USD Million) 2021-2034

9.1. Global Edible Oils & Fats Market Size and Market Share

10. Global Edible Oils & Fats Market, By Region, (USD Million) 2021-2034

10.1. Asia-Pacific

10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific

10.2. Europe

10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe

10.3. Middle East and Africa

10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa

10.4. North America

10.4.1. Canada
10.4.2. Mexico
10.4.3. United States

10.5. Latin America

10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America

11. Company Profile

11.1. ACH Food Companies, Inc

11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments

11.2. Archer Daniels Midland Company (ADM)

11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments

11.3. Bunge Limited

11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments

11.4. Cargill Inc

11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments

11.5. Conagra Brands, Inc

11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments

11.6. Fuji Oil Co., Ltd

11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments

11.7. GrainCorp

11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments

11.8. IOI Corporation Berhad

11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments

11.9. Louis Dreyfus Company B.V

11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments

11.10. The Nisshin Oillio Group Ltd

11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments

11.11. Others

12. Conclusion

13. List of Abbreviations

14. Reference Links

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.

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Frequently Asked Questions About This Report

How big is the Edible Oils And Fats Market?

Edible Oils And Fats Market is projected to reach USD 1002.28 billion by 2034, growing at a CAGR of of 6.15% during the forecast period.

What is the growth rate of the Edible Oils And Fats Market ?

Edible Oils And Fats Market grew in Market size from 2025. The Market is expected to reach USD 1002.28 billion by 2034, at a CAGR of 6.15% during the forecast period.

What is the anticipated CAGR of the Edible Oils And Fats Market ?

Edible Oils And Fats Market CAGR of 6.15% during the forecast period.

How can I get a sample report on the Edible Oils And Fats Market ?

You can get the sample pages by clicking the link - Click Here

What is the Market size of the Edible Oils And Fats Market ?

Edible Oils And Fats Market size is USD 1002.28 billion from 2025 to 2034.

Which segment is expected to Edible Oils And Fats Market ?

Edible Oils And Fats Market is covered By Type, By Application

Which region is expected to have the highest Market share in the Edible Oils And Fats Market ?

The North America, Latin America, Asia-Pacific, Europe, and Middle East And Africa is the highest Market share in the Edible Oils And Fats Market .

Who are the key players in Edible Oils And Fats Market ?

ACH Food Companies, Inc, Archer Daniels Midland Company (ADM), Bunge Limited, Cargill Inc, Conagra Brands, Inc, Fuji Oil Co, Ltd, GrainCorp, IOI Corporation Berhad, Louis Dreyfus Company B.V, The Nisshin Oillio Group Ltd.

What is the conclusion of the Edible Oils And Fats Market ?

The report includes an in-depth analysis of the Global Edible Oils And Fats Market, including market size and trends, product mix, Applications, and supplier analysis.