Edible Oils and Fats Market Research Report - Global Forecast till 2027

Edible Oils & Fats Market Global Research Report By Type (Oils and Fats), Source (Plant and Animal), Application (Bakery & Confectionery, Convenience Foods, Sauces, Spreads and Dressings, HORECA and others) and Region - Forecast till 2027

ID: MRFR/F-B & N/1461-CR | May 2019 | Region: Global | 145 Pages         

1 Executive Summary

2 Market Introduction

2.1 Definition 20

2.2 Scope of the Study 20

2.3 List of Assumptions 21

2.4 Market Structure 21

2.5 Key Takeaways 22

2.6 Key Buying Criteria 22

3 Research Methodology

3.1 Research Process 24

3.2 Primary Research 24

3.3 Secondary Research 25

3.4 Market Size Estimation 26

3.5 Forecast Model 27

4 Market Dynamics

4.1 Introduction 29

4.2 Drivers 30

4.2.1 Increasing Awareness for Fortification in Oils & Fats 30

4.2.2 Increasing Demand of Bakery & Confectionery, Processed & Convenience Foods 30

4.2.3 Growth of HORECA Application 30

4.3 Restraint 31

4.3.1 Increasing Health Awareness & Health Concerns among the Consumers for Adverse Effects of Excessive Consumption of Oils & Fats 31

4.3.2 Stringent Food Safety Regulations & Labelling Legislations for Edible Oils & Fats 31

4.4 Opportunities 32

4.4.1 Investments in R&D for Innovations 32

4.4.2 Technological Advancements 32

4.5 Challenge 33

4.5.1 Fluctuating Raw Material Prices 33

5 Market Factor Analysis

5.1 Value Chain Analysis 35

5.1.1 Raw Material Procurement 36

5.1.2 Processing 36

5.1.3 Packaging 36

5.1.4 Raw Material Procurement 37

5.1.5 Processing 37

5.1.6 Packaging 38

5.2 Supply Chain Analysis 38

5.3 Porterโ€™s Five Forces Analysis 40

5.3.1 Threat of New Entrants 40

5.3.2 Threat of Substitutes 41

5.3.3 Bargaining Power of Buyers 41

5.3.4 Bargaining Power of Suppliers 41

5.3.5 Competitive Rivalry 41

6 Edible Oils & Fats Market, by Type

6.1 Overview 43

6.1.1 Oils 43

6.1.1.1 Palm Oil 43

6.1.1.2 Soybean Oil 43

6.1.1.3 Sunflower Oil 43

6.1.1.4 Rapeseed/Canola Oil 43

6.1.1.5 Olive Oil 43

6.1.1.6 Other Oils (coconut, flaxseed, rice bran, groundnut, almond, cashew ) 43

6.1.2 Fats 44

6.1.2.1 Butter 44

6.1.2.2 Margarine 44

6.1.2.3 White Cream Fat 44

6.1.2.4 Lard & Tallow 44

6.1.2.5 Butter Oil 44

6.1.2.6 Other Fats (shortening, duck fat) 44

7 Edible Oils & Fats Market, by Source

7.1 Overview 52

7.1.1 Plant 52

7.1.2 Animal 52

8 Edible Oils & Fats Market, by Application

8.1 Overview 55

8.1.1 Bakery & Confectionery 55

8.1.2 Convenience Foods 55

8.1.3 Sauces, Spreads, and Dressings 55

8.1.4 Sweet & Savory Snacks 55

8.1.5 HORECA 56

8.1.5.1 Hotels 56

8.1.5.2 Restaurants & Cafes 56

8.1.5.3 Others 56

8.1.6 Others 56

9 Global Edible Oils & Fats Market, by Region

9.1 Introduction 62

9.2 North America 63

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.3 Europe 65

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4 Asia-Pacific 67

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.1 China 71

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.2 Japan 73

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.3 India 75

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.4 Malaysia 77

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.5 Thailand 79

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.6 Vietnam 81

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.7 Philippines 83

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.8 Cambodia 85

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.9 Myanmar 87

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.10 Laos 89

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.11 Singapore 91

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.12 Hong Kong 93

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.13 Indonesia 95

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.14 South Korea 97

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.15 Taiwan 99

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.16 Brunei 101

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.17 Pakistan 103

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.18 Sri Lanka 105

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

9.4.19 Rest of Asia-Pacific 107

Edible Oils & Fats Market, by Type

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9.5 Rest of the World (RoW) 109

Edible Oils & Fats Market, by Type

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10 Competitive Landscape 111

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11 Company Profiles 115

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.1 Wilmar International Ltd 116

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.1.1 Company Overview 116

11.1.2 Financial Overview 116

11.1.3 Products Offered 117

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.1.4 Key Developments 117

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.1.5 SWOT Analysis 118

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.1.6 Key Strategies 118

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.2 IFFCO 119

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.2.1 Company Overview 119

11.2.2 Financial Overview 119

11.2.3 Products Offered 119

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.2.4 Key Developments 119

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.2.5 SWOT Analysis 119

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.2.6 Key Strategies 120

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.3 United Plantations Berhad 121

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.3.1 Company Overview 121

11.3.2 Financial Overview 121

11.3.3 Products Offered 122

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.3.4 Key Development 122

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.3.5 SWOT Analysis 122

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.3.6 Key Strategies 122

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.4 AAK AB 123

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.4.1 Company Overview 123

11.4.2 Financial Overview 123

11.4.3 Products Offerings 124

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.4.4 Key Developments 124

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.4.5 SWOT Analysis 125

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.4.6 Key Strategies 125

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.5 Bunge Limited 126

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.5.1 Company Overview 126

11.5.2 Financial Overview 126

11.5.3 Products Offered 127

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.5.4 Key Developments 127

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.5.5 SWOT Analysis 127

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.5.6 Key Strategies 128

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.6 Associated British Foods PLC 129

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.6.1 Company Overview 129

11.6.2 Financial Overview 129

11.6.3 Products Offered 130

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.6.4 Key Developments 130

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.6.5 SWOT Analysis 130

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.6.6 Key Strategies 130

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.7 Conagra Brands, Inc. 131

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.7.1 Company Overview 131

11.7.2 Financial Overview 131

11.7.3 Products Offered 132

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.7.4 Key Developments 132

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.7.5 WOT Analysis 133

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.7.6 Key Strategies 133

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

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11.8 Archer Daniels Midland Company 134

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.8.1 Company Overview 134

11.8.2 Financial Overview 134

11.8.3 Products Offered 135

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.8.4 Key Developments 136

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.8.5 SWOT Analysis 136

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.8.6 Key Strategies 137

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.9 Cargill, Incorporated 138

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.9.1 Company Overview 138

11.9.2 Financial Overview 138

11.9.3 Products Offered 139

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.9.4 Key Developments 139

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.9.5 SWOT Analysis 140

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.9.6 Key Strategies 140

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.10 James Richardson & Sons, Limited 141

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.10.1 Company Overview 141

11.10.2 Financial Overview 141

11.10.3 Products Offered 141

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.10.4 Key Developments 141

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.10.5 SWOT Analysis 142

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

11.10.6 Key Strategies 142

Edible Oils & Fats Market, by Type

Edible Oils & Fats Market, by Source

Edible Oils & Fats Market, by Application

10 Conclusion

12.1 Key Findings 144

11 List of Tables

TABLE 1 GLOBAL EDIBLE OILS & FATS MARKET, BY TYPE, USD MILLION, (2020-2027) 15

TABLE 2 GLOBAL EDIBLE OILS & FATS MARKET, BY SOURCE, USD MILLION, (2020-2027) 16

TABLE 3 GLOBAL EDIBLE OILS & FATS MARKET, BY APPLICATION, USD MILLION, (2020-2027) 17

TABLE 4 GLOBAL EDIBLE OILS & FATS MARKET, BY REGION USD MILLION, (2020-2027) 18

TABLE 5 GLOBAL EDIBLE OILS & FATS (PALM OIL) MARKET, BY REGION, 2020-2027 (USD MILLION) 45

TABLE 6 GLOBAL EDIBLE OILS & FATS (SOYBEAN OIL) MARKET, BY REGION, 2020-2027 (USD MILLION) 46

TABLE 7 GLOBAL EDIBLE OILS & FATS (SUNFLOWER OIL) MARKET, BY REGION, 2020-2027 (USD MILLION) 46

TABLE 8 GLOBAL EDIBLE OILS & FATS (RAPESEED/CANOLA OIL) MARKET, BY REGION, 2020-2027 (USD MILLION) 47

TABLE 9 GLOBAL EDIBLE OILS & FATS (OLIVE OIL) MARKET, BY REGION, 2020-2027 (USD MILLION) 47

TABLE 10 GLOBAL EDIBLE OILS & FATS (OTHER OILS) MARKET, BY REGION, 2020-2027 (USD MILLION) 47

TABLE 11 GLOBAL EDIBLE OILS & FATS (BUTTER) MARKET, BY REGION, 2020-2027 (USD MILLION) 48

TABLE 12 GLOBAL EDIBLE OILS & FATS (MARGARINE) MARKET, BY REGION, 2020-2027 (USD MILLION) 48

TABLE 13 GLOBAL EDIBLE OILS & FATS (WHITE CREAM FAT) MARKET, BY REGION, 2020-2027 (USD MILLION) 49

TABLE 14 GLOBAL EDIBLE OILS & FATS (LARD & TALLOW) MARKET, BY REGION, 2020-2027 (USD MILLION) 49

TABLE 15 GLOBAL EDIBLE OILS & FATS (BUTTER OIL) MARKET, BY REGION, 2020-2027 (USD MILLION) 50

TABLE 16 GLOBAL EDIBLE OILS & FATS (OTHER FATS) MARKET, BY REGION, 2020-2027 (USD MILLION) 50

TABLE 17 GLOBAL EDIBLE OILS & FATS (PLANT) MARKET, BY REGION, 2020-2027 (USD MILLION) 53

TABLE 18 GLOBAL EDIBLE OILS & FATS (ANIMAL) MARKET, BY REGION, 2020-2027 (USD MILLION) 53

TABLE 19 GLOBAL EDIBLE OILS & FATS (BAKERY & CONFECTIONERY) MARKET, BY REGION, 2020-2027 (USD MILLION) 57

TABLE 20 GLOBAL EDIBLE OILS & FATS (CONVENIENCE FOODS) MARKET, BY REGION, 2020-2027 (USD MILLION) 57

TABLE 21 GLOBAL EDIBLE OILS & FATS (SAUCES, SPREADS, AND DRESSINGS) MARKET, BY REGION, 2020-2027 (USD MILLION) 58

TABLE 22 GLOBAL EDIBLE OILS & FATS (SWEET & SAVORY SNACKS) MARKET, BY REGION, 2020-2027 (USD MILLION) 58

TABLE 23 GLOBAL EDIBLE OILS & FATS (HORECA) MARKET, BY REGION, 2020-2027 (USD MILLION) 59

TABLE 24 GLOBAL EDIBLE OILS & FATS (HOTELS) MARKET, BY REGION, 2020-2027 (USD MILLION) 59

TABLE 25 GLOBAL EDIBLE OILS & FATS (RESTAURANTS & CAFES) MARKET, BY REGION, 2020-2027 (USD MILLION) 59

TABLE 26 GLOBAL EDIBLE OILS & FATS (OTHERS) MARKET, BY REGION, 2020-2027 (USD MILLION) 60

TABLE 27 GLOBAL EDIBLE OILS & FATS (OTHER APPLICATIONS) MARKET, BY REGION, 2020-2027 (USD MILLION) 60

TABLE 28 NORTH AMERICA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 63

TABLE 29 NORTH AMERICA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 64

TABLE 30 NORTH AMERICA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 64

TABLE 31 EUROPE: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 65

TABLE 32 EUROPE: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 66

TABLE 33 EUROPE: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 66

TABLE 34 ASIA-PACIFIC: EDIBLE OILS & FATS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 68

TABLE 35 ASIA-PACIFIC: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 69

TABLE 36 ASIA-PACIFIC: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 69

TABLE 37 ASIA-PACIFIC: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 38 CHINA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 71

TABLE 39 CHINA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 71

TABLE 40 CHINA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 72

TABLE 41 JAPAN: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 73

TABLE 42 JAPAN: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 73

TABLE 43 JAPAN: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 74

TABLE 44 INDIA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 75

TABLE 45 INDIA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 75

TABLE 46 INDIA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 47 MALAYSIA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 77

TABLE 48 MALAYSIA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 77

TABLE 49 MALAYSIA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 50 THAILAND: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 79

TABLE 51 THAILAND: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 79

TABLE 52 THAILAND: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 80

TABLE 53 VIETNAM: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 81

TABLE 54 VIETNAM: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 81

TABLE 55 VIETNAM: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 82

TABLE 56 PHILIPPINES: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 83

TABLE 57 PHILIPPINES: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 83

TABLE 58 PHILIPPINES: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 84

TABLE 59 CAMBODIA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 85

TABLE 60 CAMBODIA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 85

TABLE 61 CAMBODIA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 86

TABLE 62 MYANMAR: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 87

TABLE 63 MYANMAR: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 87

TABLE 64 MYANMAR: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 88

TABLE 65 LAOS: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 89

TABLE 66 LAOS: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 89

TABLE 67 LAOS: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 90

TABLE 68 SINGAPORE: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 91

TABLE 69 SINGAPORE: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 91

TABLE 70 SINGAPORE: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 92

TABLE 71 HONG KONG: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 93

TABLE 72 HONG KONG: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 93

TABLE 73 HONG KONG: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 94

TABLE 74 INDONESIA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 95

TABLE 75 INDONESIA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 95

TABLE 76 INDONESIA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 96

TABLE 77 SOUTH KOREA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 97

TABLE 78 SOUTH KOREA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 97

TABLE 79 SOUTH KOREA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 98

TABLE 80 TAIWAN: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 99

TABLE 81 TAIWAN: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 99

TABLE 82 TAIWAN: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 100

TABLE 83 BRUNEI: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 101

TABLE 84 BRUNEI: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 101

TABLE 85 BRUNEI: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 102

TABLE 86 PAKISTAN: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 103

TABLE 87 PAKISTAN: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 103

TABLE 88 PAKISTAN: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 104

TABLE 89 SRI LANKA: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 105

TABLE 90 SRI LANKA: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 105

TABLE 91 SRI LANKA: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 106

TABLE 92 REST OF ASIA-PACIFIC: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 107

TABLE 93 REST OF ASIA-PACIFIC: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 108

TABLE 94 REST OF ASIA-PACIFIC: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 108

TABLE 95 ROW: EDIBLE OILS & FATS MARKET, BY TYPE, 2020-2027 (USD MILLION) 109

TABLE 96 ROW: EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 110

TABLE 97 ROW: EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 110

TABLE 98 COMPETITIVE LANDSCAPE: GLOBAL EDIBLE FATS & OILS MARKET, BY STRATEGY, 2020-2027 113

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12 List of Figures

FIGURE 1 GLOBAL EDIBLE OILS & FATS MARKET SHARE (%), BY TYPE (2020-2027) 16

FIGURE 2 GLOBAL EDIBLE OILS & FATS MARKET SHARE (%), BY SOURCE (2020-2027) 16

FIGURE 3 GLOBAL EDIBLE OILS & FATS MARKET SHARE (%), BY APPLICATION (2020-2027) 17

FIGURE 4 GLOBAL EDIBLE OILS & FATS MARKET SHARE (%), BY REGION (2020-2027) 18

FIGURE 5 GLOBAL EDIBLE OILS & FATS MARKET: MARKET STRUCTURE 21

FIGURE 6 KEY TAKEAWAYS FROM THE GLOBAL EDIBLE OILS & FATS MARKET 22

FIGURE 7 KEY BUYING CRITERIA OF THE GLOBAL EDIBLE OILS & FATS MARKET 22

FIGURE 8 RESEARCH PROCESS OF MRFR 24

FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACHES 26

FIGURE 10 MARKET DYNAMICS OVERVIEW 29

FIGURE 11 ANNUAL INTERNATIONAL SOYBEAN PRICES, 2009-2017 33

FIGURE 12 VALUE CHAIN ANALYSIS: GLOBAL EDIBLE OILS MARKET 35

FIGURE 13 VALUE CHAIN ANALYSIS: GLOBAL EDIBLE FATS MARKET 37

FIGURE 14 SUPPLY CHAIN ANALYSIS: GLOBAL EDIBLE OILS MARKET 38

FIGURE 15 SUPPLY CHAIN ANALYSIS: GLOBAL EDIBLE FATS MARKET 39

FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL EDIBLE OILS & FATS MARKET 40

FIGURE 17 GLOBAL EDIBLE OILS & FATS MARKET, BY TYPE 2020-2027 (USD MILLION) 45

FIGURE 18 GLOBAL EDIBLE OILS & FATS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 52

FIGURE 19 GLOBAL EDIBLE OILS & FATS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 56

FIGURE 20 GLOBAL EDIBLE OILS & FATS MARKET, BY REGION 2020-2027 (USD MILLION) 62

FIGURE 21 ASIA-PACIFIC EDIBLE OILS & FATS MARKET, BY COUNTRY 2020-2027 (USD MILLION) 67

FIGURE 22 GLOBAL EDIBLE FATS & OILS MARKET: MAJOR PLAYER MARKET DEVELOPMENTS, 2020-2027 112

FIGURE 23 GLOBAL EDIBLE FATS & OILS MARKET: STRATEGY ANALYSIS 113

FIGURE 24 GLOBAL EDIBLE FATS & OILS MARKET: YEAR-WISE MARKET DEVELOPMENT SHARE, 2020-2027 114

Edible Oils & Fats Market

Edible Oils & Fats Market is projected to reach USD 153.11 billion by 2027, at a CAGR of 4.29% from 2021 to 2027.

Segmentation

By Type Oils Fats
By Source Plant Animal
By Application Bakery & Confectionery Convenience Foods Sauces Spreads And Dressings Horeca

Key Players

  • James Richardson & Sons
  • Limited (Canada)
  • Wilmar International Ltd. (Singapore)
  • Associated British Foods PLC (UK)
  • Cargill Incorporated (US)
  • Bunge Limited (US)
  • United Plantations Berhad (Malaysia)
  • IFFCO (UAE)
  • AAK AB (Sweden)
  • Conagra Brands
  • Inc. (US)

Drivers

  • Increasing Awareness For Fortification in Oils & Fats
  • Increasing Demand of Bakery & Confectionery Processed & Convenience Foods
  • Growth of HORECA Application
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Edible Oils and Fats Market Overview:


According to the new Market Research Future findings, the Edible Oils and Fats Market is likely to hit a size of USD 153.11 billion by 2027. (MRFR). Due to the increased consumption of oils and fats in bakery & confectionary, refined & snack foods, it is projected to grow at 4 percent CAGR from 2021 to 2027 (forecast period).


COVID-19 Analysis


There is already an increase in the intake of balanced edible oils and nutritious goods, such as extra virgin olive oil and almond butter and paste, to improve the immune system due to the spread of coronavirus disease (COVID-19).


However, the manufacturing and sale of these goods have been impacted by the lockdowns enforced by the governments of various countries and the partial shutdowns of different production units, which have had a negative effect on consumer development. When normalcy is restored, the economy is expected to rise again. The publisher expects the global demand for fats and oils to maintain its modest growth over the next five years.


Market Dynamics


Drivers


Growing Popularity of Omega-3 Fatty Acids to Drive Market Growth


The global demand for edible oils and fats is powered by the growth of the HoReCa sector. Bread, cookies, and fried goods are textured with edible oils. In tandem with growing per capita disposable income, changing customer lifestyles are projected to raise the market for different food items, which is expected to drive the demand for edible oils and fats in turn. Vegetable oils are expected to remain a desirable growth factor as key functional ingredients that reduce the risk of coronary diseases and reduce the likelihood of breast cancer.  In addition, owing to its extraordinary anti-inflammatory properties, the growing popularity of omega-3 fatty acids as a dietary constituent in the food industry is expected to prompt the adoption of soybean, canola, and flaxseed oil.


Cooking oil producers, including Unilever PLC and Cargill, Inc., have boosted investment on the production of low-cholesterol products over the past few years. In addition, fluctuating eating habits and hectic lifestyles among professionals in the working class are projected to shift customer preferences and boost demand for cooking sunflower and coconut oil. 


Opportunities


R&D Investments to Create Avenues for Market Players


In order to retain their position in the edible oils and fats industry, companies raise their R&D spending. Due to a shift in the social habits of consumers, the tendency for healthier products is expected to cause demand for healthy cooking oils. This is apparent in the production of products of low cholesterol and zero trans fats.


Restraints


Growing Prevalence of Obesity to Impede Market Growth


For the edible oil and fat industry, oils and fats such as obesity and cardiovascular disorders pose a big threat. 


Segmental Analysis


By Type


In 2017, oils held a higher share than fats in the edible oils and fats market. As edible oils are used in different stages of cooking, such as sautéing and frying, the former is expected to maintain its dominance throughout the forecast period. The increased importance of the product as a key source of numerous nutritional components in the food and beverage industry, including vitamin E, selenium, phytosterols and magnesium, is expected to remain a positive factor over the review period.


By Source


In 2017, the plant segment accounted for a greater share. Due to the high use of vegetable oils to enhance the flavour of cuisines and increasing demand for plant-based products, the plant source segment is expected to show 4.21 percent CAGR during the forecast period.


By Application


In 2017, HoReCa held the biggest edible oils and fats market share. The second-largest segment was Bakery & Confectionery and is projected to exhibit 4.16 percent CAGR over the forecast period. The market segment is driven by the increasing adoption of food-chain franchises, hotels, restaurants and cafes over the review period.


Regional Analysis


North America to Lead Market Growth


It is anticipated that North America will reach a market value of USD 31.20 billion by 2023. This can be attributed to the presence in the region of diverse oil and fat producers. Furthermore, the launch of healthy edible oils by manufacturers to tap into the health awareness trend is likely to strengthen the edible oils and fats market regional revenue.


Europe Witnessing Substantial Growth from HoReCa Segment


Due to the high use of edible oils & fats in bakery & confectionery products, Europe is expected to exhibit 4.06 per cent CAGR over the evaluation period. In addition, the use of edible oils and fats in the HORECA sector is projected to fuel the growth of the market for edible oils and fats until the end of the forecast period. Consumers in Spain, Italy and France are expected to expand their prevalent intake of specialty oils, including olive oil, from the Mediterranean diet. In addition, the inclination to follow a vegan diet would lead to the global development of plant-based oils and fats.


China to Drive APAC Growth


Due to the presence of large populations in Asian countries, especially in China and India, APAC also holds a significant market share in the application for table consumption. Over the projected period, Europe will see a higher growth rate in the application of oils and fats for table consumption. APAC holds a large market share of the bakery and confectionery application market share, and it is projected to grow with CAGR of 4.81%. Over the forecast period, Europe will see higher growth rates in the application of oils and fats to bakeries and confectioneries.


MEA to Witness Gradual Growth


Growing numbers of MEA hotels and restaurant franchises are expected to expand the utility of edible oils by encouraging public policies to enhance urban infrastructure. Moreover, over the next eight years, the changing choice of middle-class income classes from countries like Saudi Arabia and the UAE to opt out on weekends is expected to open up new business avenues in the food service industry.


Competitive Landscape


Key Players Focus on Expanding their Regional Footprint


To achieve consolidated market share, market players are widening their regional existence. It is expected that the production of tactics and cooperation with customers to create new goods will remain a key success driver. It is projected that the strong foothold of oilseed farmers in developing countries, including China, India and Indonesia, would compel producers of edible products to set up their strategic business units in the vicinity over the review period.



  • James Richardson & Sons, Limited (Canada)

  • Wilmar International Ltd. (Singapore)

  • Associated British Foods PLC (UK)

  • Cargill, Incorporated (US)

  • Bunge Limited (US)

  • United Plantations Berhad (Malaysia)

  • IFFCO (UAE)

  • AAK AB (Sweden)

  • Conagra Brands, Inc. (US)

  • Archer Daniels Midland Company (US)


Recent Development


October 2020: In order to enrich them with antioxidants and eliminate saturated fats, the IIT researchers invented a technique to mix vegetable oils.


September 2020: Nutriswiss, the Swiss edible oil and fat expert, set new standards for a short-track distillation (SPD) technology purification plant that extracts unnecessary by-products while maintaining micronutrients.


Report Overview


By Type



  • oils

  • fats


By Source



  • Plant

  • Animal


By Application



  • Sweet & savory snacks

  • sauces, spreads

  • dressings

  • convenience foods

  • bakery & confectionery

  • hotels, restaurants & cafes (HORECA)

  • others


 



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Frequently Asked Questions (FAQ) :

Edible oils and fats market is projected to grow at a 4.29% CAGR between 2021-2027.

North America is expected to dominate the edible oils and fats market.

Edible oils and fats market is predicted to touch USD 153.11 billion by 2027.

Hotels, restaurants, and cafes will lead the edible oils and fats market.

Preference for healthy products and changing lifestyle are the key factors driving the edible oils and fats market.