- In March 2025, Wilmar International Ltd introduced an innovative line of partially hydrogenated oils tailored for the cosmetic and personal care industry. These oils are specifically formulated to enhance emollience and improve the stability of cosmetic formulations, enabling manufacturers to create superior quality products that meet consumer demands for sustainability and ingredient effectiveness. This development is highly relevant to the global hydrogenated oils market, as it highlights the expanding application of hydrogenated oils beyond the food sector, catering to the growing trend for clean, sustainable, and high-performance ingredients in personal care products
- In January 2025, Bunge introduced a new range of partially hydrogenated oils specifically designed for the bakery sector. These oils are engineered to work seamlessly with cutting-edge technology, enhancing the texture and extending the shelf life of baked goods. The product line responds to the growing consumer demand for fresher products without the need for preservatives. By supporting the clean-label trend, Bunge aims to empower bakers to deliver high-quality products that align with evolving market preferences. This launch is particularly relevant to the global hydrogenated oils market, as it underscores the industry's shift towards healthier, more natural ingredients, catering to consumers' increasing demand for cleaner, more sustainable food options
- In June 2023, Bunge Ltd., a leading U.S.-based oilseeds processing company, and Viterra Ltd., a global agribusiness owned by Swiss commodities giant Glencore, along with the Canada Pension Plan Investment Board and B.C. Investment Management Corp., announced a landmark merger valued at US$8.2 billion. This strategic agreement aims to create a global powerhouse in the agricultural sector, further consolidating the industry which has experienced significant consolidation in recent years. With Bunge operating over 300 facilities across more than 40 countries, the merger is expected to significantly enhance the companies' capabilities in agricultural commodity trading, oilseeds processing, and the production of hydrogenated oils. The merger strengthens both companies' position in the global hydrogenated oils market by enabling them to leverage their combined expertise in oilseed processing and agricultural sourcing
- In November 2022, Neste Corporation completed the acquisition of the aggregation business, associated assets, and used cooking oil (UCO) collection operations from Crimson Renewable Energy Holdings, LLC, based in the United States. This strategic acquisition enhances Neste's ability to source sustainable raw materials, reinforcing its commitment to advancing renewable and circular solutions in the energy and oils sectors. This acquisition is highly relevant to the global hydrogenated oils market, as it strengthens Neste’s supply chain for used cooking oil (UCO), a critical feedstock for the production of sustainable hydrogenated oils
- In June 2022, Chevron Corporation successfully completed its acquisition of Renewable Energy Group, Inc., following approval from REG stockholders. This strategic merger combines the complementary strengths, assets, and customer relationships of both companies, positioning Chevron as one of the leading renewable fuel companies in the United States. This acquisition is highly significant for the global hydrogenated oils market, as it enhances Chevron’s capacity to produce renewable fuels, including those derived from hydrogenated oils
Frequently Asked Questions
Key trends in the hydrogenated oils market include growing demand for health-conscious and trans-fat-free products.
Factors driving the hydrogenated oils market growth include expanding processed and packaged food industry.
Major challenges in the hydrogenated oils market include fluctuating raw material prices and supply chain disruptions.
The food industry segment is expected to dominate the global hydrogenated oils market, driven by the widespread use of hydrogenated oils in processed foods, snacks, bakery products, and margarine.
The Asia-Pacific region is expected to witness the highest growth rate in the hydrogenated oils market, driven by expanding food manufacturing sectors, rising consumer demand for packaged and processed foods, and growing urbanization.
