Adani Group, Bunge North America, Inc., and ADM are Dominating the Market for Global Edible Oil Market in 2019

Global Edible Oil Market is expected to grow with a CAGR of 7.1% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.

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Global edible oil market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments in expanding their production facility for manufacturing of different types of edible oils, various acquisitions and partnership to enter in specific market have led the manufacturers to established their foot prints.

The major players dealing in global edible oil market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio. In February 2016, Adani Group’s subsidiary Adani Wilmar launched India's first diabetes care oil called Fortune Vivo. This product launch has expanded the company’s oil product portfolio and has helped in the revenue generation of the company. This new product launch by Adani Group increased its product portfolio in edible oil thereby increased demand for its product in market leading to increased revenue in future.

Adani Group is the dominating player in the global edible oil market. The other key players existing in the market includes Bunge Limited, ADM, Cargill, Incorporated, ACH Food Companies, Inc., AJANTA SOYA LIMITED, American Vegetable Oils, Inc., Basso Fedele & Figli, BORGES INTERNATIONAL GROUP, S.L., Edible Oils Ltd., Hebany Group, Henry Lamotte OILS GmbH, NGO CHEW HONG EDIBLE OIL PTE LTD (A Subsidiary of Mewah Group), Olenex Sàrl, Ragasa - Derechos Reservados, Ruchi Soya Industries Ltd.,SOVENA, Sunora Foods, TITAN OILS Inc., Vand altris Specialty Chemicals among others.

Edible Oil MarketAdani Group:

Adani Group is headquartered in India which was founded in 1998. The company focuses on becoming a leader in business that enrich lives and contribute to nations in building infrastructure through sustainable value creation. The company deals in number of business categories and they are renewable power generation, solar manufacturing, ports and terminals, logistics, agri logistics, industrial land, power transmission, power distribution, gas distribution, defence and aerospace, edible oil and food products, fruits, real estate, financial services, housing finance, airports, water, road, metro and rail, data center, thermal power generation and natural resources. The market focused business category for our market is edible oil and food products. The company takes various strategic decisions in order to enhance their business.

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 the national lockdown because of COVID-19 pandemic. This partnership has helped the company to reach its customer base to offer its products and earn revenue.

The company has presence across various countries such as India, Australia, and Indonesia. The company distributes its products through its subsidiaries and they are Adani Power (India), Adani Green Energy (India),Adani Ports & SEZ (India), Adani Airport Holdings Limited (India), Karnavati Aviation Pvt Ltd 9India) and Adani Agri Logistics (Harda) Ltd (India) among others

Bunge North America, Inc.

Bunge North America, Inc. is headquartered in the U.S. and was founded in 1923. The company focuses on growing its business by expanding into refining edible oils, oilseed processing, milling corn, rice and wheat and others. The company deals in various business segments and they are agribusiness, edible oil products, milling products, sugar and bioenergy and fertilizer. The market focused business segment for our market is edible oil products. The company has various product categories such as ag commodities, food and ingredients, animal feed ingredients, mexico brands, bioenergy and industrial products and services and Ag commodities is the market focused category. The company has taken various strategic decisions in order to enhance their business.

For instance,

  • In January 2018, Bunge North America, Inc. 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.

The company has strong presence in the North America. The company offers its products through its subsidiaries around the world and they are Bunge Milling, Inc. (U.S.), Bunge Oils, Inc. (U.S.), Bunge Oilseed Processing (U.S.), Minsa Corporation (U.S.) and Whole Harvest Foods, LLC (U.S.) among others.

ADM:

ADM is headquartered in the U.S. and established in 1902. The company is engaged in commercializing of human and animal nutrition across the world. The company deals in different business segment such as AG services and oilseeds, carbohydrate solutions, nutrition, other. The market focused business segment for our business is Ag services and oilseeds. The company offers its products by number of product categories and they are food & beverage, animal nutrition, industrials, fuel, farmer services, financial services, and logistics and food & beverage is the market focussed category. To enhance its business as well as revenue, company takes various strategic decisions.

For instance,

  • In August 2018, ADM 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.

The company has its strong present across the globe such as North America, South America, Europe, Africa, and Asia-Pacific. The company distributes its products through its subsidiaries and they are ADM (Shanghai) Management Co. LTD (China), ADM (Thailand) Ltd (Thailand), ADM Agriculture Limited (U.K.), ADM Agri-Industries Company (Canada) and ADM Agro Iberica S. L. U. (Spain) among others.