Cooking Oil Market: By Product Type, By Source, By Distribution Channel and Region Forecast 2019-2030

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Cooking Oil Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Vegetable and Seed Oils, Spreadable Oils and Fats, Cooking Fats, Olive Oil, Others), By Source (Animal and Plant), By Distribution Channel (Super Market Size, Share, Growth, Trends, and Global Industry Analysis: s & Hyper Market Size, Share, Growth, Trends, and Global Industry Analysis: s, Online Stores, Departmental Stores, and Others) and Region Forecast 2019-2030

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Cooking Oil Market size was valued at US$ X billion in 2023 and is poised to grow at a CAGR of 5.4% from 2024-2030. The market is the animal, plant, or synthetic fat used in the baking, frying, and other types of cooking. These are made up of saturated, monosaturated, and polysaturated fatty acids. Polysaturated and monosaturated fats lower the cholesterol level in body, while saturated fats increase cholesterol levels. Cooking oil is also used as flavoring purpose, food preparation, salad dressings, and bread dips among others. Most commonly used cooking oils are soybean oil, palm oil, canola oil, vegetable oil, corn oil, and peanut oil among others. Palm oil is one of the world's most widely used cooking oils. China, India, Indonesia, and the European Union are the top consumers of palm oil.

India, China, and the European Union do not produce crude palm oil, so they rely totally on imports to meet their needs. Palm oil is in high demand from a variety of end-user sectors around the world since it costs 20% less than most cooking oils. It's also extremely adaptable. Palm oil output has increased dramatically in recent years, with Malaysia and Indonesia meeting nearly all of the demand. In most developed regions, there is a growth in demand for biofuel. As a result, demand for palm oil is increasing. The widespread use of palm oil in numerous parts of the food industry is another major demand driver. The market has benefited from non-GMO cooking oil demand, as it has increased the share of sunflower oil, coconut oil, and olive oil, as well as leading segments of the market analysed, such as palm oil, canola oil, and soybean oil.

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Cooking Oil Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.4%

Largest Market

North America

Fastest Growing Market

Europe

Cooking Oil Market Dynamics

Increase in the cooking oils consumption in food services and household sector is a key factor driving the market. Moreover, rise in population, increase in the production of oilseeds such as sunflower, ground nut, and palm seeds, change in food habits, rise in per capita income, and increase in the R&D for innovation of newer products, and increase in the preference for processed foods are anticipated to upsurge the revenue of the market. However, change in food trends due to rise in health awareness, stringent regulations for the manufacturing of cooking oil, and high cost of these products may restrain the growth of the market over the forecast years.

Cooking Oil Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market CAGR

5.4%

By Product Type

  • Vegetable and Seed Oils
  • Spreadable Oils and Fats

By Source

  • Animal
  • Plant

By Distribution Channel

  • Super markets & Hyper Markets
  • Online Stores
  • Departmental Stores
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The cooking oil market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis

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Frequently Asked Questions

The global cooking oil market size was valued at US$ million in 2023 projected to grow at a CAGR of 5.4% from 2024 to 2030.

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Europe is the fastest-growing for the market

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Cooking Oil Market Introduction 
2.1.Global Cooking Oil Market  - Taxonomy
2.2.Global Cooking Oil Market  - Definitions
2.2.1.Product Type
2.2.2.Source
2.2.3.Distribution Channel
2.2.4.Region
3. Global Cooking Oil Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Cooking Oil Market Analysis, 2019-2023 and Forecast 2024-2030
4.1.  Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Cooking Oil Market  By Product Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
5.1. Vegetable and Seed Oils
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Spreadable Oils and Fats
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Tendon Allografts
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Cooking Oil Market  By Source, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
6.1. Animal
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Plant
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Cooking Oil Market  By Distribution Channel, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
7.1. Super markets & Hyper Markets
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Online Stores
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Departmental Stores
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Cooking Oil Market  By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Cooking Oil Market 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
9.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Vegetable and Seed Oils
9.1.2.Spreadable Oils and Fats
9.1.3.Tendon Allografts
9.2.  Source Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Animal
9.2.2.Plant
9.3.  Distribution Channel Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Super markets & Hyper Markets
9.3.2.Online Stores
9.3.3.Departmental Stores
9.3.4.Others
9.4.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Cooking Oil Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Vegetable and Seed Oils
10.1.2.Spreadable Oils and Fats
10.1.3.Tendon Allografts
10.2.  Source Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Animal
10.2.2.Plant
10.3.  Distribution Channel Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Super markets & Hyper Markets
10.3.2.Online Stores
10.3.3.Departmental Stores
10.3.4.Others
10.4.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Cooking Oil Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Vegetable and Seed Oils
11.1.2.Spreadable Oils and Fats
11.1.3.Tendon Allografts
11.2.  Source Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Animal
11.2.2.Plant
11.3.  Distribution Channel Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Super markets & Hyper Markets
11.3.2.Online Stores
11.3.3.Departmental Stores
11.3.4.Others
11.4.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Cooking Oil Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Vegetable and Seed Oils
12.1.2.Spreadable Oils and Fats
12.1.3.Tendon Allografts
12.2.  Source Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Animal
12.2.2.Plant
12.3.  Distribution Channel Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Super markets & Hyper Markets
12.3.2.Online Stores
12.3.3.Departmental Stores
12.3.4.Others
12.4.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Cooking Oil Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
13.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Vegetable and Seed Oils
13.1.2.Spreadable Oils and Fats
13.1.3.Tendon Allografts
13.2.  Source Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Animal
13.2.2.Plant
13.3.  Distribution Channel Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Super markets & Hyper Markets
13.3.2.Online Stores
13.3.3.Departmental Stores
13.3.4.Others
13.4.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Cargill Inc. (U.S.)
14.2.2.Unilever PLC (Netherlands)
14.2.3.Savola Group (Saudi Arabia)
14.2.4.Archer Daniels Midland (U.S.)
14.2.5.Wilmar International Limited (Singapore)
14.2.6.Associated British Foods plc (U.K)
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Cargill Inc. (U.S.)
  • Unilever PLC (Netherlands)
  • Savola Group (Saudi Arabia)
  • Archer Daniels Midland (U.S.)
  • Wilmar International Limited (Singapore)
  • Associated British Foods plc (U.K)
  • United Plantations Berhad (Malaysia)
  • Conagra Brands, Inc. (U.S.)

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