From GlobeNewswire: 2025-05-08 04:30:00

The global Edible Oil Market size is valued at approximately USD 245.48 Billion in 2024, expected to reach USD 362.80 Billion by 2034, with a CAGR of 4.06%. Leading players are focusing on organic, non-GMO, and fortified oils to meet changing consumer preferences for healthier and sustainable options.

In Southeast Asia and Europe, companies like Wilmar International, Sime Darby Berhad, and Associated British Foods plc are increasing production of sustainable and specialty oils to comply with global regulations and consumer trends. North American leaders like ADM and Bunge are investing in refining technology for quality and innovation.

The growing world population and increased food demand are driving the edible oil market, especially in regions like Asia and Africa. Urbanization and improved incomes are fueling higher consumption of edible oils for cooking, leading to strategic investments like Cargill’s acquisition in South India to meet rising demand for sunflower oil.

Consumers are becoming more health-conscious, preferring oils with low saturated fat and beneficial fatty acids like olive oil and canola oil. Companies like Cargill are meeting this demand by eliminating industrially produced trans-fatty acids from their portfolio, contributing to public health and encouraging industry-wide improvements in oil quality.

Advancements in technology have transformed the extraction and refining of edible oils, with methods like cold pressing and low-chemical refining providing nutritional value and environmental sustainability. Companies like ADM are investing in new soybean crushing and refining plants to cater to growing demand for plant-based solutions and drive sustainable, low-carbon feedstocks. The global edible oil market is projected to reach USD 362.80 Billion by 2034, with a CAGR growth rate of 4.06% from 2025-2034. Key segments include product type, packaging type, end-use analysis, and region. The market is supported by major consumers, different oil types, and rising health-oriented consumer decisions.

However, the market faces weaknesses such as reliance on agricultural raw materials, climate change vulnerability, and health concerns over certain oils. Threats include price volatility, supply shortages, and competition from emerging economies. Opportunities exist in underpenetrated markets, diversification into healthier oils, and product innovation.

Threats to the industry include unstable prices for raw materials, health and environmental concerns, intense competition, and supply chain interruptions. Market stability is at risk from geopolitical tensions and economic turmoil. Businesses must adapt to consumer preferences for healthier and environmentally friendly oils to remain competitive in the market. The Edible Oil Market Report answers key questions about market size, growth rate, top companies, categories served, fastest-growing segments, and essential players. Offering market share, size, and forecast by revenue, dynamics, segmentation, and competitive landscape. Customized reports and company profiles are available for free. Purchase the premium report for fast delivery.

The Edible Oil Market is divided regionally into North America, Europe, Asia-Pacific, and LAMEA. North America focuses on sustainability and technology, with Bunge investing $0.55 billion in a soy protein facility. Europe faces challenges with soaring olive oil prices affecting consumption. Asia-Pacific dominates production and consumption, urging government tariff changes. LAMEA sees diverse trends in production and consumption, with Latin America as a major producer and the Middle East and Africa relying heavily on imports. The edible oil industry in LAMEA plays a crucial role in regional food security and economic activity due to changing food patterns and population growth. For more information and customized reports, visit the link provided. Access a free sample report of the global edible oil market for detailed insights and analysis. Enjoy spectacular deals, comprehensive coverage, and personalized market briefs with various discounts and guarantees available. 1. New study shows that 1 in 4 Americans have experienced job loss during the pandemic, with unemployment rates reaching record highs.

2. Researchers have discovered a potential breakthrough in cancer treatment, with a new drug showing promising results in shrinking tumors in clinical trials.

3. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling by over 500 points due to concerns over rising inflation and interest rates.

4. A major cyberattack has targeted a leading technology company, compromising sensitive data of millions of customers and causing widespread disruption to online services.

5. The United Nations has issued a warning about the worsening climate crisis, citing extreme weather events and rising sea levels as urgent concerns that require immediate action. 1. The stock market reached new highs today, with the S&P 500 closing at a record 3,000 points. This surge was fueled by strong earnings reports from tech giants like Apple and Microsoft, as well as positive economic data.

2. In international news, tensions are rising in the Middle East as Iran seizes two British oil tankers in the Strait of Hormuz. The move comes in response to the UK detaining an Iranian tanker earlier this month, escalating the ongoing conflict between the two countries.

3. On the environmental front, a new study shows that global carbon emissions reached a record high in 2018, despite efforts to combat climate change. The report highlights the urgent need for nations to take action to reduce emissions and mitigate the impacts of global warming.

4. In sports news, the US Women’s National Soccer Team celebrates their World Cup victory with a ticker-tape parade in New York City. The team’s impressive win has sparked conversations about gender equality in sports and raised awareness about the importance of equal pay for female athletes.



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