Global Cooking Oil Market, By Type (Palm Oil, Soybean Oil, Canola Oil, Coconut Oil), By Application

Published Date: | Report Code : FA1958504

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Growing demand for cooking oils and fats in emerging economies is expected to drive the growth of cooking oil market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

With increasing diseases such as diabetes, high cholesterol and obesity, health and fitness have gained high focus among individuals. They are becoming more aware regarding the use of good quality of cooking oils. Increasing incidences of cardiovascular diseases across the globe have prompted individuals to consume health cooking oils. This is likely to impact the growth of the cooking oil market during the forecast period.

Vegetable oil is a natural oil which is extracted from the seeds, nuts, and fruits of various plants. Its a source of nutrients and industrial raw materials to mankind. Vegetable oil is found absolutely everything from food and household products to make-up products and cosmetics. In the food industry, vegetable oil is used as a cooking oil and its a constituent to margarine, non-dairy creamers, and ice cream. It is used in products where animal fats are deplorable on religious grounds. In addition, the fatty acids derived from vegetable oil are also used in the production of cosmetics, bactericides, and pharmaceuticals. Traditionally, the non-food uses of vegetable oil have been in the manufacturing of soaps, detergents as well as in the production of greases, lubricants & candles. The global vegetable oil market is growing in the market at a healthy pace. Several other factors strengthening the demand for vegetable oil include population growth, improving standards of living, changing dietary habits and increasing demand, particularly in emerging countries.

Key Factors Impacting Market Growth:

  • High prices of raw materials

  • Increasing the disposable income of the consumers

  • Growing demand for cooking oils and fats in emerging economies

  • Adverse effects due to more consumption of oils and fats

  • Healthy benefits with regards to the consumption of cooking oils and fats

  • The increasing number of restaurants, fast food joints or quick service restaurants in the market

Regional Analysis:

This report segments cooking oil market by region into North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for cooking oil market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of latest technologies in the agricultural activities and established processed food market is estimated to drive demand for cooking oil market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

Asia Pacific is estimated to be one of the fastest-growing markets for cooking oil during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of cooking oil market. The Middle East and Rest of the World are estimated to be emerging regions for cooking oil market during the forecast period.

Companies Covered: United Plantations, Archer Daniels Midland, Richardson Oilseed, Carapelli Firenze, Cargill, ConAgra Foods, COFCO, Deoleo, Dow AgroSciences, E.I. Du Pont De Nemours, Golden Agri-Resources, J-Oirumiruzu, IOI, Kuala Lumpur Kepong, Lam Soon, Marico, Oilseeds International, PT Astra Agro Lestari, Sime Darby Sdn, Bunge North America, and Wilmar International...

Market Segmentation:

By Type:

  • Palm Oil

  • Soybean Oil

  • Canola Oil

  • Coconut Oil

By Application:

  • Grocery

  • Supermarket

  • Departmental Store

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global cooking oil market on a regional and global basis

  • Unique research Usage for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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 Regional Analysis

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