Global Edible Oil Market is Forecast to grow at 7.1% in the Forecast Period of 2020-2027

Global Edible Oil Market is growing with the factors such as increased in demand for organic edible oil products around the world and high usage of edible oil in enhancing flavor and proper texture in food products which is boosting the growth of the global edible oil market.

The edible oils are derived from the various parts of plants such as seeds or oilseeds which include sunflower, palm kernel, grapeseed, rapeseed, flaxseed, and hemp seed among others or nuts which include soybean, peanut, walnut, and almond, among others. The extraction of edible oils is also done from fruit of the plant such as palm oil from the pulp of the palm fruit, olive oil from the flesh of fresh olives, coconut oil from the coconut's white meat. Fortification is the process of enhancing the nutritional value of products. The fortified edible oil includes essential micronutrient such as minerals and vitamins in a food, which improve the nutritional quality of the edible oil and offer various health benefits. The edible oil has high demand in international and national market; therefore the adulteration such as mixing of low price and high price oil is a major problem.

Global Edible Oil Market Scenario

According to Data Bridge Market Research the market for edible oil market, China has the highest market share which is followed by Germany and U.S. Adani Group has the largest market share of approximately 38.08%. In recent time, Adani Group is playing major role by providing edible oil in market and helping food products manufacturer to fulfil consumer need in food sector.

For instance,

  • in April 2020, Adani Group’s subsidiary Adani Wilmar partnered with Swiggy based in India for delivery of food products including oil products to customers due to national lockdown because of COVID-19 pandemic. This partnership will help the company to reach its customer base to offer its products and earn revenue.

Edible Oil MarketTrends Impacting the Market

Now the question is which are the other regions that Adani Group, Bunge North America, Inc., and ADM are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific edible oil market and the market leaders are targeting China, India, and Indonesia to be their next revenue pockets for 2020.

The edible oil market is becoming more competitive every year with companies like Adani Group, Bunge North America, Inc., and ADM are the market leaders for edible oil. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the edible oil market.

For more analysis on the global edible oil market request for a briefing with our analysts

Edible Oil Market Developments

  • In January 2018, Bunge North America, Inc., a subsidiary of Bunge Limited announced to acquire Minsa Corporation which is a wholly-owned U.S. subsidiary of Grupo Minsa S.A.B. de C.V. This acquisition has helped the company to expand its corn milling business in the U.S. which is also a major source for the production of Corn oil.
  • In August 2018, ADM Company acquired Algar Agro’s crush and refinery plants in Minas Gerais and Maranhão. This acquisition has strengthened ADM’s position in Brazilian market, helping in strategic growth. With the addition of new plant in Brazil, ADM has further enhanced and strengthened its global distribution network.

Scope of the Global Edible Oil Market

Edible oil market is segmented on the basis of countries into U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Turkey, Netherlands, Russia, Denmark, Sweden, Poland, Belgium and Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, New Zealand, Vietnam, Rest of Asia-Pacific, Brazil, Argentina and Rest of South America, South Africa, Saudi Arabia, UAE, Oman, Qatar, Kuwait and Rest of Middle East and Africa.

  • All analysis of the edible oil market is further analyzed based on maximum granularity into further segmentation. On the basis of type, global edible oil market is segmented into palm oil, soybean oil, rapeseed oil, sunflower oil, peanut oil, specialty blended oil, olive oil, corn oil, flaxseed oil, avocado oil, walnut oil, pumpkin seed oil, grapeseed oil, and others. On the basis of package type, global edible oil market is segmented into tinplate containers, HDPE (high density polyethylene) containers, PVC (poly vinyl chloride) bottles, PET (Polyethylene Terephthalate) bottles, glass bottles, semi – rigid containers, flexible plastic pouches, and others. On the basis of distribution channel, global edible oil market is segmented into direct and indirect. On the basis of end user, global edible oil market is segmented into domestics, food service, industrial, and others.

To know more about the

Key Pointers Covered in the Global Edible Oil Market Industry Trends and Forecast to 2027

  • Market Size
  • Edible Oil Regulatory Framework and Changes
  • Recent Developments for Market Competitors
  • Sales data for Market Competitors
  • Key vendors and disruptors study
  • Supply Chain Competiveness

Key Market Competitors Covered in the Edible Oil Market Report

  • Bunge North America, Inc.
  • Henry Lamotte OILS GmbH
  • ACH Food Companies, Inc.
  • Adani Group
  • Hebany Group
  • Valtris Specialty Chemicals
  • Ruchi Soya Industries Ltd.
  • Edible Oils Ltd.
  • ADM
  • Olenex Sàrl
  • Olympic Oils Ltd.
  • Basso Fedele & Figli
  • American Vegetable Oils, Inc.
  • NGO CHEW HONG EDIBLE OIL PTE LTD (A Subsidiary of Mewah Group)
  • Sunora Foods
  • Ragasa - Derechos Reservados
  • Cargill, Incorporated

Above are the key players covered in the report to know about more and exhaustive list of edible oil companies contact us

Research Methodology: Global Edible Oil Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Government fleets, personal consumers, Researchers, Food & Feed Specialists.
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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