Edible Oils Market
By Type;
Palm Oil, Soybean Oil, Rapeseed Oil, Sunflower Oil, Olive Oil and OthersBy Processing;
Refined and Cold-PressedBy Packaging;
Pouches, Jars, Cans and BottlesBy End User;
Household Retail, Industrial and Food ServiceBy Distribution Channel;
B2B and B2CBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Edible Oils Market Overview
Edible Oils Market (USD Million)
Edible Oils Market was valued at USD 105596.28 million in the year 2024. The size of this market is expected to increase to USD 148584.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
Edible Oils Market
*Market size in USD million
CAGR 5.0 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 5.0 % | 
| Market Size (2024) | USD 105596.28 Million | 
| Market Size (2031) | USD 148584.58 Million | 
| Market Concentration | Medium | 
| Report Pages | 349 | 
Major Players
- Cargill, Incorporated
 - Archer Daniels Midland Company
 - Fuji Oil Holdings Inc.
 - Presco PLC.
 - Oleo-Fats, Incorporated
 - Bunge Limited
 - Liberty Oil Mills Ltd.
 - Conagra Brands, Inc.
 - Adani Wilmar
 - Marico Ltd.
 - Aveno NV
 - Associated British Foods plc
 - Hain Celestial Group, Inc.
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Edible Oils Market
Fragmented - Highly competitive market without dominant players
The Edible Oils Market is witnessing significant growth, driven by rising health consciousness, evolving dietary preferences, and the adoption of nutrient-rich cooking solutions. Consumption of edible oils has increased by nearly 28% in the past decade, supported by demand for products that enhance flavor while promoting wellness. Sustainability and quality refinement are further strengthening market appeal across households and food industries.
Consumer Health Preferences
Increasing awareness of diet-related issues has boosted the adoption of low-cholesterol and fortified oils. Nearly 42% of consumers now prioritize oils marketed as heart-healthy or enriched with essential nutrients. Packaged food producers are also reformulating recipes with healthier oil alternatives to align with the growing demand for wellness-focused food products.
Innovation in Processing Techniques
Modern extraction and refining methods are reshaping the oil production landscape. Cold-pressed and expeller-pressed oils, valued for retaining natural nutrients, have grown in adoption by over 33%. These innovations cater to consumer interest in natural, chemical-free products while ensuring premium taste and extended shelf life, making them increasingly popular in retail and commercial segments.
Rising Popularity of Plant-Based Diets
The global inclination toward plant-based nutrition is a key factor stimulating edible oil demand. Approximately 47% of health-conscious consumers are opting for oils derived from soy, sunflower, or canola, reflecting their preference for sustainable and plant-origin sources. This shift aligns with broader movements toward vegan diets and environmentally responsible consumption patterns.
Edible Oils Market Key Takeaways
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Growing consumer preference for healthier and cleaner-label oils such as olive, avocado, and cold-pressed varieties is reshaping product portfolios toward premium and nutrient-rich offerings.
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Increasing focus on sustainability and traceability is driving brands to adopt responsible sourcing, non-GMO certifications, and eco-friendly production practices.
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The Asia-Pacific region dominates global consumption, driven by population growth, urbanization, and expanding middle-class purchasing power, while North America and Europe show steady demand for premium oils.
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High dependence on imported raw materials such as palm, soybean, and sunflower oils continues to expose producers to global price fluctuations and trade uncertainties.
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Innovations in packaging and product differentiation including refill packs, PET bottles, and sustainable materials are improving accessibility and aligning with eco-conscious consumer trends.
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Market volatility due to climate disruptions, geopolitical tensions, and supply chain constraints is encouraging diversification into high-margin fortified and specialty oil segments.
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Companies combining staple and premium oil portfolios with robust omni-channel distribution and strong branding are best positioned for long-term growth and profitability.
 
Edible Oils Market Recent Developments
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In October 2024, Wilmar International acquired a leading edible-oil brand to expand its non-GMO supply chain in response to health- and-wellness demand within the Edible Oils market.
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In March 2025, ADM (Nutrition) introduced a cold-pressed refined-oil line with enhanced antioxidant retention, targeting premium segments in the Edible Oils market.
 
Edible Oils Segment Analysis
In this report, the Edible Oils Market has been segmented by Type, Processing, Packaging, End User, Distribution Channel and Geography.
Edible Oils Market, Segmentation by Type
The Edible Oils Market by type includes a wide range of oils catering to diverse dietary and industrial preferences. Growth in this segment is driven by rising health awareness, evolving consumption patterns, and innovations in oil extraction and processing. Each oil type plays a crucial role in addressing regional tastes, nutritional requirements, and industrial applications, with a shift toward sustainable sourcing and organic production boosting overall market penetration.
Palm Oil
Palm oil dominates global edible oil consumption due to its affordability, versatility, and extended shelf life. Widely used in processed foods and baked goods, its market is expanding in Asia and Africa. However, concerns around sustainability and deforestation are prompting companies to invest in RSPO-certified palm oil and eco-friendly production practices.
Soybean Oil
Soybean oil holds a significant market share driven by its nutritional benefits and diverse culinary applications. It is increasingly preferred for frying and salad dressings, with bio-based industrial use also rising. The growing demand for non-GMO soybean oil reflects consumer awareness of clean-label products and food safety.
Rapeseed Oil
Rapeseed oil, known for its low saturated fat and high omega-3 content, is a preferred choice in Europe and North America. Increasing health consciousness and the expansion of cold-pressed rapeseed oil have boosted its market value. Producers focus on enhancing yield efficiency and expanding export opportunities to Asian markets.
Sunflower Oil
Sunflower oil is witnessing strong demand owing to its light texture and high vitamin E content. Its growing usage in households and food manufacturing is supported by advances in high-oleic sunflower varieties. The segment benefits from a surge in demand for heart-healthy oils in both developed and emerging economies.
Olive Oil
Olive oil continues to gain popularity for its antioxidant properties and Mediterranean diet association. Premium and extra-virgin variants are expanding rapidly in North America and Asia Pacific, where consumers are adopting healthier lifestyles. Producers emphasize quality certification and origin authenticity to attract discerning customers.
Others
The others category includes coconut, peanut, and sesame oils, which are gaining momentum in niche and regional markets. Their application in gourmet cooking and cosmetics supports diversification within the edible oils segment. Innovation in flavor-infused and fortified oils further enhances their commercial potential.
Edible Oils Market, Segmentation by Processing
Based on processing, the Edible Oils Market is categorized into Refined and Cold-Pressed oils. The refined segment dominates due to its wide industrial usability and extended shelf life, while cold-pressed oils are experiencing accelerated growth as consumers shift toward natural and chemical-free options emphasizing nutritional retention.
Refined
Refined oils hold the majority share, supported by large-scale production and affordability. They are favored in food manufacturing and restaurant chains for consistency and stability. Continuous improvements in refining technology ensure purity while minimizing trans-fat content to meet regulatory standards.
Cold-Pressed
The cold-pressed oil segment is rapidly growing, driven by increasing preference for organic and minimally processed products. These oils are rich in antioxidants and retain natural flavor, appealing to health-conscious consumers. Expansion of premium product lines by brands further enhances market growth potential.
Edible Oils Market, Segmentation by Packaging
In terms of packaging, the Edible Oils Market is segmented into Pouches, Jars, Cans, and Bottles. Packaging innovations are central to branding, preservation, and sustainability, with lightweight and recyclable materials gaining prominence. Convenience, cost-effectiveness, and aesthetic appeal influence consumer purchase decisions across regions.
Pouches
Pouch packaging is increasingly adopted for its low cost, portability, and reduced carbon footprint. Flexible pouches allow easy dispensing and storage, making them ideal for retail markets in developing economies. Their high-volume adoption contributes to efficient logistics and reduced waste.
Jars
Jars are preferred for premium edible oil brands offering cold-pressed or flavored variants. They enhance visual appeal and product shelf presence, particularly in urban retail chains. Glass jars also resonate with eco-conscious consumers favoring reusable packaging solutions.
Cans
Cans are primarily used for industrial and bulk packaging, ensuring durability and long shelf stability. Their robust nature supports export shipments and large-scale catering applications. Technological advances in metal coating are enhancing safety and extending shelf life.
Bottles
Bottled oils dominate urban retail shelves owing to their convenience and aesthetic design. PET and HDPE bottles remain most common, though recyclable and bio-based alternatives are emerging. Custom labeling and tamper-proof caps support brand differentiation and consumer trust.
Edible Oils Market, Segmentation by End User
The End User segmentation encompasses Household Retail, Industrial, and Food Service sectors. Each segment exhibits distinct demand patterns based on usage volume, quality preferences, and product diversification. The rising awareness of nutritional oils across retail and food processing industries drives robust market expansion globally.
Household Retail
Household consumers represent the largest end-user segment, accounting for more than 60% of total consumption. Growing preference for branded, fortified, and organic oils supports premiumization trends. Retail penetration through supermarkets and e-commerce channels enhances accessibility and awareness.
Industrial
Industrial applications of edible oils include bakery, confectionery, and snack manufacturing. High oil stability and cost efficiency are key selection factors. Manufacturers emphasize continuous supply chain management and bulk procurement to ensure consistent quality standards.
Food Service
The food service sector shows significant growth with increasing global consumption of fried and processed foods. Quick-service restaurants and catering services prefer oils with higher smoke points and longer usage cycles. The shift toward healthier frying oils is a notable trend in this segment.
Edible Oils Market, Segmentation by Distribution Channel
The Distribution Channel is divided into B2B and B2C segments. B2B dominates by volume due to strong demand from the food and hospitality industries, while B2C channels are rapidly expanding with digital retail growth and direct-to-consumer strategies that emphasize brand loyalty and convenience.
B2B
B2B channels cater primarily to industrial and commercial clients, ensuring large-scale procurement and long-term contracts. Partnerships between oil producers and food manufacturers enhance supply reliability. Strategic collaborations with wholesalers streamline distribution efficiency and cost management.
B2C
The B2C segment is gaining momentum as consumers increasingly prefer to purchase edible oils through supermarkets, online platforms, and specialty stores. Brand differentiation, health-oriented marketing, and attractive packaging fuel this segment’s expansion, especially in emerging markets.
Edible Oils Market, Segmentation by Geography
In this report, the Edible Oils Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America exhibits stable growth driven by health-conscious consumers and demand for premium oils such as olive and avocado. The presence of leading global brands and rising preference for plant-based diets strengthen regional sales. Sustainable sourcing and traceability are critical trends influencing purchasing decisions.
Europe
Europe remains a major market, particularly for olive and rapeseed oils. Consumers emphasize organic certification and clean labeling, promoting adoption of cold-pressed variants. Stringent food quality regulations and sustainability initiatives drive innovation and cross-border trade in the region.
Asia Pacific
Asia Pacific dominates global consumption, accounting for over 45% of market share, led by India, China, and Indonesia. Rapid population growth, urbanization, and dietary diversification boost edible oil demand. Expanding manufacturing capacity and government-backed edible oil missions further accelerate growth.
Middle East and Africa
The Middle East and Africa region shows rising edible oil consumption supported by population growth and increasing disposable incomes. Imports continue to dominate, particularly palm and sunflower oils. Governments are encouraging domestic refining investments to reduce dependency on imports and stabilize prices.
Latin America
Latin America presents steady growth fueled by increased usage in cooking and processed foods. Brazil and Argentina are major producers and exporters of soybean oil. Regional players are focusing on sustainability certification and product diversification to gain a competitive edge in international trade.
Edible Oils Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Edible Oils Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential | 
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | 
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance | 
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances | 
Drivers, Restraints and Opportunity Analysis
Drivers:
- Health Consciousness
 - Rising Disposable Income
 - Shift towards Natural Products
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Expansion in Developing Markets -The global edible oils market has been witnessing significant expansion, particularly in developing markets, driven by several key factors. One of the primary drivers is the rising population and increasing disposable incomes in these regions, which have led to greater consumption of edible oils. As economies grow and urbanization accelerates, there is a notable shift in dietary habits towards more processed and convenient food options, further boosting the demand for edible oils.
Changing lifestyles and dietary preferences, influenced by health consciousness and culinary diversity, have also contributed to the market's growth. Consumers are increasingly opting for healthier cooking oils, such as olive oil, sunflower oil, and soybean oil, which are perceived as beneficial for heart health due to their lower saturated fat content. This shift towards healthier options is particularly pronounced in emerging markets where awareness of health issues is rising alongside increasing access to information.
Technological advancements in agricultural practices and oil extraction methods have enhanced the efficiency of production, making edible oils more affordable and accessible in developing regions. Governments and industry players are also investing in infrastructure development and distribution networks to ensure a steady supply chain, supporting the market's expansion into these geographies.
In conclusion, the global edible oils market is experiencing robust growth in developing markets, driven by demographic shifts, changing dietary preferences, health considerations, and advancements in production technologies. This trend is expected to continue as economies develop further and consumer awareness of health and nutrition continues to rise globally.
 
Restraints:
- Environmental Concerns
 - Price Volatility of Raw Materials
 - Competition from Substitutes
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Supply Chain Disruptions -The global edible oils market has experienced significant supply chain disruptions in recent years, driven by a combination of factors including climate-related challenges, geopolitical tensions, and logistical constraints. These disruptions have impacted both the production and distribution of edible oils worldwide, leading to fluctuating prices and supply shortages in various regions.
Climate change has played a pivotal role in disrupting the supply chain of edible oils. Erratic weather patterns, such as droughts, floods, and extreme temperatures, have directly affected crop yields of oilseeds like soybean, palm, and sunflower. These crops are crucial sources of edible oils, and their production has been inconsistent due to adverse weather conditions in major producing regions.
Geopolitical tensions and trade disputes have also contributed to supply chain disruptions in the edible oils market. Export restrictions, tariffs, and political instability in key oil-producing countries have hindered the smooth flow of goods across borders. This has led to delays in shipments and increased uncertainty among market participants, affecting both producers and consumers.
Logistical challenges, exacerbated by the COVID-19 pandemic, have further strained the global edible oils supply chain. Restrictions on transportation, labor shortages, and disruptions in port operations have disrupted the timely delivery of raw materials and finished products. These logistical bottlenecks have caused inventory delays and increased costs throughout the supply chain, from farmers and processors to distributors and retailers.
In response to these disruptions, stakeholders in the edible oils industry are increasingly focusing on resilience and sustainability. Efforts are underway to diversify sourcing strategies, enhance supply chain transparency, and invest in technology-driven solutions to mitigate risks and improve efficiency. Despite these challenges, the global demand for edible oils continues to grow, driven by population growth, dietary changes, and expanding food industries, necessitating ongoing adaptation and innovation within the supply chain.
 
Opportunities:
- Innovations in Processing Techniques
 - Increasing Consumer Awareness
 - Sustainable Sourcing Practices
 - Strategic Mergers and Acquisitions - 
In recent years, the global edible oils market has witnessed significant strategic mergers and acquisitions, reshaping the competitive landscape and market dynamics. These activities have been driven by various factors including market consolidation, geographical expansion, and diversification of product portfolios.
One notable trend has been the consolidation among major players aiming to strengthen their market position and enhance operational efficiencies. Large multinational corporations have pursued acquisitions of regional players to gain access to new markets and distribution channels. This approach not only broadens their customer base but also facilitates the integration of complementary technologies and expertise.
Moreover, strategic mergers have been instrumental in fostering innovation within the industry. Companies have combined their research and development capabilities to accelerate product development cycles and introduce healthier, sustainable, and value-added edible oil products. This trend is particularly evident as consumer preferences shift towards healthier cooking oils and sustainable sourcing practices.
Geopolitical factors and regulatory changes have also influenced merger and acquisition activities in the global edible oils market. Companies have strategically aligned themselves to navigate evolving trade policies, sustainability regulations, and consumer preferences for transparent and responsibly sourced products.
The trajectory of mergers and acquisitions in the global edible oils market is expected to continue, driven by opportunities in emerging markets, technological advancements, and the imperative for sustainability. This ongoing consolidation is likely to shape the industry landscape further, with companies seeking to leverage synergies and capitalize on growth prospects amidst evolving market dynamics.
 
Edible Oils Market Competitive Landscape Analysis
Edible Oils Market has witnessed significant growth driven by strategic partnerships and collaborations among key players. The market shows a competitive intensity where leading companies hold a 45%-50% share, leveraging mergers and acquisitions to enhance product portfolios and strengthen their strategies for expansion and sustainable innovation.
Market Structure and Concentration
The edible oils market is moderately concentrated, with top players controlling around 60%-65% of the market. Companies employ focused strategies to dominate key segments, and ongoing mergers and alliances contribute to consolidation, enhancing their influence in regional and national markets while driving long-term growth.
Brand and Channel Strategies
Leading brands emphasize omnichannel strategies, combining modern trade, online platforms, and retail networks. Strong partnerships with distributors have increased market penetration, with top brands accounting for 40%-45% in retail presence. Branding initiatives and promotional innovation further strengthen consumer engagement and growth.
Innovation Drivers and Technological Advancements
Technological advancements in extraction, refining, and packaging are key innovation drivers. Companies investing in R&D have boosted operational efficiency and product quality, contributing to a 30%-35% rise in productivity. Such continuous innovation fosters competitive advantage and sustainable growth.
Regional Momentum and Expansion
Market expansion is strongest in regions showing a 25%-30% increase in consumption. Companies focus on regional collaborations and strategic partnerships to capture emerging markets. Investment in distribution networks and localized strategies ensures higher market share while supporting long-term growth momentum.
Future Outlook
The future outlook of the edible oils market indicates sustained growth with enhanced technological advancements and strategic partnerships. Anticipated expansion across key regions is expected to strengthen market position, while ongoing innovation and collaborative strategies will continue shaping competitive dynamics over the coming years.
Key players in Edible Oils Market include.
- Archer Daniels Midland (ADM)
 - Cargill, Incorporated
 - Bunge Limited
 - Wilmar International Ltd.
 - Louis Dreyfus Company (LDC)
 - Olam Group
 - Fuji Oil Holdings Inc.
 - Musim Mas Group
 - COFCO Corporation
 - Adani Wilmar Ltd.
 - Marico Ltd.
 - Conagra Brands, Inc.
 - Golden Agri-Resources
 - Richardson International Limited
 - Nutiva, Inc.
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Type
 - Market Snapshot, By Processing
 - Market Snapshot, By Packaging
 - Market Snapshot, By End User
 - Market Snapshot, By Distribution Channel
 - Market Snapshot, By Region
 
 - Edible Oils Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
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Health Consciousness
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Rising Disposable Income
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Shift towards Natural Products
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Expansion in Developing Markets
 
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 - Restraints 
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Environmental Concerns
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Price Volatility of Raw Materials
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Competition from Substitutes
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Supply Chain Disruptions
 
 -  
 - Opportunities 
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Innovations in Processing Techniques
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Increasing Consumer Awareness
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Sustainable Sourcing Practices
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Strategic Mergers and Acquisitions
 
 -  
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Edible Oils Market, By Type, 2021 - 2031 (USD Million) 
- Palm Oil
 - Soybean Oil
 - Rapeseed Oil
 - Sunflower Oil
 - Olive Oil
 - Others
 
 - Edible Oils Market, By Processing, 2021 - 2031 (USD Million) 
- Refined
 - Cold-Pressed
 
 - Edible Oils Market, By Packaging, 2021 - 2031 (USD Million) 
- Pouches
 - Jars
 - Cans
 - Bottles
 
 - Edible Oils Market, By End User, 2021 - 2031 (USD Million) 
- Household Retail
 - Industrial
 - Food Service
 
 - Edible Oils Market, By Distribution Channel, 2021 - 2031 (USD Million) 
- B2B
 - B2C
 
 - Edible Oils Market, By Geography, 2021 - 2031 (USD Million) 
-  North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 -  North America 
 
 - Edible Oils Market, By Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Archer Daniels Midland (ADM)
 - Cargill, Incorporated
 - Bunge Limited
 - Wilmar International Ltd.
 - Louis Dreyfus Company (LDC)
 - Olam Group
 - Fuji Oil Holdings Inc.
 - Musim Mas Group
 - COFCO Corporation
 - Adani Wilmar Ltd.
 - Marico Ltd.
 - Conagra Brands, Inc.
 - Golden Agri-Resources
 - Richardson International Limited
 - Nutiva, Inc.
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

