Vegetable Oils Global Market Report 2023: Favorable Blend Mandates Set to Enhance Vegetable Oil Demand in Biofuel Sector

Dublin, May 16, 2023 (GLOBE NEWSWIRE) -- The "Vegetable Oils: Global Strategic Business Report" report has been added to's offering.

Global Vegetable Oils Market to Reach 315.1 Million Metric Tons by 2030

In the changed post COVID-19 business landscape, the global market for Vegetable Oils estimated at 215.4 Million Metric Tons in the year 2022, is projected to reach a revised size of 315.1 Million Metric Tons by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Palm, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach 121.8 Million Metric Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Soybean segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at 18 Million Metric Tons, While China is Forecast to Grow at 5.8% CAGR

The Vegetable Oils market in the U.S. is estimated at 18 Million Metric Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 69.3 Million Metric Tons by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 117.5 Million Metric Tons by the year 2030.

Select Competitors (Total 309 Featured) -

  • AarhusKarlshamn (AAK AB)
  • Aceites Borges Pont S.A.
  • ACH Food Companies, Inc.
  • Mazola Oils
  • Archer Daniels Midland Company
  • Avena Nordic Grain Oy
  • Avril Group
  • Bunge Limited
  • Bunge North America, Inc.
  • Bunge Loders Croklaan Group BV
  • C. Thywissen GmbH
  • Cargill Incorporated
  • COFCO Corporation
  • Deoleo, S.A.
  • Carapelli Firenze S.p.A.
  • Corteva Agriscience
  • Golden Agri-Resources Ltd.
  • PT Smart Tbk
  • IOI Group Berhad
  • J-Oil Mills, Inc.
  • Marico Limited
  • PT Astra Agro Lestari Tbk
  • P. T. Musim Mas
  • Richardson Oilseed Limited
  • Royal Smilde Foods
  • Sime Darby Plantation Sdn Bhd
  • Sovena Group
  • The J. M. Smucker Company
  • The Nisshin OilliO Group, Ltd.
  • Ventura Foods, LLC
  • Wilmar International Limited
  • Adani Wilmar Limited (AWL)

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Enduring the Harsh Impact of COVID-19, Vegetable Oil Industry Maintains Positive Trajectory in 2020
  • An Overview of the Global Market for Vegetable Oils
  • Market Highlights
  • Key Challenges & Constraints
  • Consumption in Asia-Pacific (including China) Augurs Well for Future Growth
  • Per Capita Consumption (Kilograms) of Vegetable Oils by Region/Country: 2021E
  • Production Landscape
  • Oilseeds Production
  • World Oilseeds Production by Country (2017 to 2022E): Breakdown of Volume Production (in Million Metric Tons) for Brazil, United States, China, Argentina, India, and Others
  • World Vegetable Oilseeds Production by Type (2017 to 2022E): Breakdown of Volume Production (in Million Metric Tons) for Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed
  • Global Oil Yield (Tons per Hectare) for Major Oilseed Crops
  • Vegetable Oils Production
  • World Vegetable Oils Production by Country/Region (2017 to 2022E): Breakdown of Volume Production (Million Metric Tons) for Indonesia, China, Malaysia, EU, United States, Argentina, Brazil, and Others
  • Global Production of Major Vegetable Oils by Type (2017 to 2022E): Breakdown of Volume Production (Million Metric Tons) for Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, and Sunflowerseed Oil
  • Palm Oil
  • Global Palm Oil Production by Country (2017 to 2022E): Breakdown of Production Volume (Thousand Metric Tons) for Indonesia, Malaysia, Thailand, Colombia, Nigeria, and Others
  • Annual Production Capacity for Certified Sustainable Palm Oil and Palm Kernel for 2010-2017 in MMT
  • Total Certified Palm Oil (CSPO) Production Area (in Million Hectares): 2015-2020
  • Soybean Oil
  • Global Soybean Oil Production by Region/Country (2017 to 2022E): Breakdown of Production Volume (Thousand Metric Tons) for China, United States, Brazil, Argentina, European Union, India, Mexico, and Others
  • Sunflowerseed Oil
  • Global Sunflowerseed Oil Production by Region/Country (2020, 2021 & 2022E): Breakdown of Production Volume (Thousand Metric Tons) for Argentina, Russia, Turkey, Ukraine, European Union, and Others
  • Olive Oil Production
  • Competitive Landscape
  • Demand Increase Triggers Industry Consolidation
  • Leading Vegetable Oil Companies Worldwide: 2020
  • Competitive Scenario in the Palm Oil Market: Asian Producers Dominate the Market
  • Ranking of Leading Producers of Sustainable Palm Oil
  • Leading Palm Oil Traders with Zero Deforestation Commitment: Ranked in Order of Number of Zero Deforestation Policies Implemented
  • Key Competitive Traits
  • Recent Market Activity
  • Vegetable Oils - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)




  • Food Industry: Most Important Application Market for Vegetable Oils
  • Growing Preference for Healthy, Organic & Unprocessed Cooking Oils
  • Growing Awareness about Saturated Fatty Acids & Omega-6 in Vegetable Oils
  • Fatty Acid Profiles of Major Cooking Oils - Butter, Olive, Coconut, Palm, Safflower, Corn, Soybean, and Canola
  • Growing Health Consciousness & Demand for Convenience Foods
  • Rise of the Vegetarianism & Customization to Local Tastes
  • Increasing Product Diversity & Broad Range of New Options
  • Vegetable Oil Companies Offering more Healthful Options amid the Pandemic
  • Biofuels: The New Growth Avenue for Vegetable Oils
  • Global Biodiesel Production (Million Tons): 2013, 2015, 2017, 2019 & 2021
  • Global Biofuels (Fuel Ethanol and Biodiesel) Market by Product Type (2021): Percentage Breakdown of Volume Consumption for Biodiesel and Fuel Ethanol
  • Global Biofuels Production by Region/Country (1995-2025): Breakdown of Volume Production (Million barrels per day of oil equivalent) for Brazil, EU, United States, and Others
  • Average Biofuel Yields of First Generation Feedstock
  • Favorable Blend Mandates Set to Enhance Vegetable Oil Demand in Biofuel Sector
  • Vegetable Oils Aim to Widen Role in Industrial Applications
  • Established Role of Vegetable Oils in Personal Care Applications
  • Palm Oil: Largest & Fastest Growing Product Segment
  • Global Per Capita Palm Oil Consumption (Kilograms) for Major Countries: 2016 & 2020
  • Diverse Food and Non-Food Applications Lend Traction to Market Demand
  • Breakdown of Palm Oil Volume Consumption (in %) in Food and Non-Food Sectors (2010 & 2020)
  • RSPO's Novel Initiatives Aim to Resolve Biodiversity & Sustainability Issues Prevalent in Palm Oil Industry
  • Leading Producers of Palm Oil Worldwide: Approximate Percentage Share of Production of RSPO
  • Increasing R&D Emphasis Elevates Prospects of Soybean Oil against Competing Oils
  • New Generation Soya Bean Oil Formulations Come to the Fore
  • Rising Adoption in Food Service Sector Boosts Uptake of Canola Oil
  • Robust Image of Sunflower Oil as a Healthy Alternative to TFAs Spurs Demand
  • Backed by Incredible Nutritional Benefits, Coconut Oil to Sustain Momentum
  • Despite Being the Most Expensive of All Vegetable Oils, Olive Oil Continues to Experience High Demand
  • Health and Environmental Benefits Promote Demand for Maize Oil
  • Demographic Trends Strongly Favor Future Growth in World Vegetable Oil Market
  • Growing Population
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Urban Sprawl
  • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
  • Large Middle Class Segment
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Despite Challenges, Global Vegetable Oil Refining Offers Lucrative Opportunities
  • Innovations & Research Findings Strengthen Market Prospects
  • Steady Proliferation of Technology for Boosting Oilseed & Vegetable Oil Output
  • R&D Efforts Enable the Launch of Zero Trans-Fats Oils
  • Ohio State University Study Reveals Potential Heart Health & Lowered Diabetes Risk Benefits of Vegetable Oils with High Linoleic Acid Levels
  • Italian Researchers Identify Positive Effects of Extra Virgin Olive Oil on Meat Lipids Digestion
  • Cargill & BASF Develop Canola Oil with Beneficial Omega-3 EPA and DHA
  • Dow Rolls Out Omega-9 Sunflower Oil for Food Applications
  • Steep Rise in Prices Emerges as a Major Challenge
  • Rising Concerns Over GMO Contamination: A Major Issue
  • Oils Derived from Non-Traditional Sources: An Emerging Threat
  • Vegetable Oils: An Evolutionary Scan
  • Chemical & Physical Properties of Vegetable Oils
  • Vegetable Oils: Product Classification
  • Edible Vegetable Oils: Production Process
  • Processing Methods




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