Fats And Oil Market - Forecast(2023 - 2028)

Report Code: FBR 15407 Report Format: PDF + Excel

Fats And Oil Market Overview

Fats And Oil Market size is estimated to reach $307.3 billion by 2026, growing at a CAGR of 4.4% during the forecast period 2021-2026. Fats And Oils are an essential part of a healthy diet that supplies calories and helps in the absorption of fat-soluble vitamins, such as A, D, E, and K in the body. These are the most abundant lipids in nature that insulate body organs and provide energy for living organisms. Unsaturated and healthier fat products are increasingly being adopted across the world owing to the growing health consciousness among the customers and increasing awareness about the importance of essential fatty acids. The rise in the adoption of palm oil biodiesel as biofuel, growing demand for coconut oil as a substitute for vegetable oils for its essential fatty acids, and the rise in the healthier product launches of shortenings & margarine to reduce the consumption of high density lipoproteins are the factors that are set to drive the growth of the Fats And Oil Market for the period 2021-2026.

Report Coverage

The report: “Fats And Oil Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Fats And Oil Market.
By Fat Type: Butter, Tallow, Lard, Shortenings & Margarine, and Others.
By Oil Type: Palm Oil, Rapeseed Oil, Soybean Oil, Sunflower Oil, Coconut Oil, and Others.
By Form: Solid and Liquid.
By Source: Vegetable and Animal.
By Application: Food and Industrial.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa). 

Key Takeaways

  • Geographically, Asia-Pacific Fats And Oil Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the healthier product launches of shortenings & margarine to reduce the consumption of high density lipoproteins.
  • The increase in the adoption of palm oil biodiesel as biofuel in developed nations is driving the Palm Oil segment. However, the rise in the side effects associated with the overconsumption of fats and oils is one of the major factors that is said to reduce the growth of the Fats And Oil Market.
  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Fats And Oil Market report.

 

Fats And Oil Market Size, By Fat Type, 2020-2026 (USD Million)

Fats And Oil Market Size
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Fats And Oil Market Segment Analysis-By Fat Type

The Fats And Oil Market based on the Fat Type can be further segmented into Butter, Tallow, Lard, Shortenings & Margarine, and Others. The Butter segment held the largest share in 2020 and is also estimated to be the fastest-growing segment with a CAGR of 4.9% over the period 2021-2026. This growth is owing to the factors such as the increase in awareness about the presence of essential fatty acids in butter among the young population and the growing demand for butter in various food applications. The rise in the adoption of low-fat butter in developed nations is driving the growth of the Fats And Oil Market. The Shortenings & Margarine segment held the second-largest share in 2020 owing to the factors such as the growing adoption of shortenings & margarine in pastry products and the rise in the healthier product launches of shortenings & margarine to reduce the consumption of high density lipoproteins.

Fats And Oil Market Segment Analysis-By Oil Type

The Fats And Oil Market based on the Oil Type can be further segmented into Palm Oil, Rapeseed Oil, Soybean Oil, Sunflower Oil, Coconut Oil, and Others. The Palm Oil segment held the largest share in 2020 owing to the factors such as the increase in the adoption of palm oil biodiesel as biofuel and the rise in the demand for palm oil for edible purposes in emerging countries, such as India and China. The rise in the investment by the key players to develop high-quality palm oil is driving the growth of the Fats And Oil Market. The Coconut Oil segment is estimated to be the fastest-growing segment with a CAGR of 5.1% over the period 2021-2026. This growth is owing to the factors such as the rise in the adoption of coconut oil in the personal care industry, an increase in the demand for coconut oil as a substitute for vegetable oils for its essential fatty acids, and the growing awareness about the benefits of coconut oil.

Fats And Oil Market Segment Analysis-By Geography

Asia-Pacific segment held the largest share with 27% of the overall market in 2020. The growth in this segment is owing to the factors such as the growing adoption of coconut oil in the personal care industry and an increase in awareness about the presence of essential fatty acids in butter. The rise in the healthier product launches of shortenings & margarine to reduce the consumption of high density lipoproteins is driving the growth of the Fats And Oil Market. North America segment is estimated to be the fastest-growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as the rise in the adoption of palm oil biodiesel as biofuel in developed nations and the growing investment by the key players to develop quality and healthy fats and oils.

Fats And Oil Market Drivers

Increase in the Adoption of Coconut Oil in the Personal Care Industry

Coconut oil is increasingly being adopted in the personal care industry owing to its moisturizing properties when applied to the hair and skin and its ability to reduce hair damage caused by dryness. The key players are also extensively using coconut oil in creams, soaps, lotions, and moisturizers owing to its rich sources of vitamins, which is one of the major factors driving the growth of the Fats And Oil Market.

The Rise in the Favorable Policies on the Usage of Vegetable Oil

There has been an increase in the number of supportive policies implemented by the authorities of several nations to enhance the production and consumption of vegetable oils. The amount of soybean oil used in biofuel production in developed nations has been increasing rapidly. Moreover, palm oil contributes around 20% of the production of biodiesel and renewable diesel in the European region, which is further propelling the growth of the Fats And Oil Market.

Fats And Oil Market Challenges

Side Effects Associated with the Overconsumption of Fats And Oils

The key players in the market are collaborating with other players to carry out various research and development activities for launching high-quality fats and oils to reduce the consumption of high density lipoproteins. However, the rise in the side effects associated with the overconsumption of fats and oils is one of the major factors that is estimated to reduce the growth of the Fats And Oil Market.

Fats And Oil Market Competitive Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Fats And Oil Market. Key companies of this market are Cargill, Archer Daniels Midland Company, International Foodstuff Company Holdings Limited, Wilmar International Limited, Bunge Limited, Kuala Lumpur Kepong Berhad, Fuji Oil Holding Inc, Olam International, Musim Mas Group, and Ajinomoto Co. Inc among others.

Expansions/Product Launches:

  • In October 2020, Cargill has expanded the production capacity of special oils and fats at its Mairinque (SP) plant to keep up with rising customer demand for healthier food solutions for the food market and to enable the company to expand by 35 percent production capacity of the Liza and Mazola brands.
  • In February 2020, Bunge Limited has launched innovative oils to help in replicating the texture and cooking experience of meat and to meet the demand of consumers for plant-based meat alternatives for nutritional and sustainable reasons.
  • In October 2019, Musim Mas Group has expanded its production facilities by launching an R&D and Innovation facility in Singapore to enhance its focus on developing new solutions for palm oil functional blends and specialty fats for addressing different needs across the food industry.

Relevant Links:

Report Code: FBR 19841

Report Code: FBR 91397

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1. Fats And Oil Market - Overview
    1.1 Definitions and Scope
2. Fats And Oil Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Fat Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Fats And Oil Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Fats And Oil Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Fats And Oil Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Fats And Oil Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Fats And Oil Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Fats And Oil Market – By Fat Type(Market Size –$Million/$Billion)
    8.1 Butter
    8.2 Tallow
    8.3 Lard
    8.4 Shortenings & Margarine
    8.5 Others
9. Fats And Oil Market – By Oil Type(Market Size –$Million/$Billion)
    9.1 Palm Oil
    9.2 Rapeseed Oil
    9.3 Soybean Oil
    9.4 Sunflower Oil
    9.5 Coconut Oil
    9.6 Others
10. Fats And Oil Market – By Form(Market Size –$Million/$Billion)
    10.1 Solid
    10.2 Liquid
11. Fats And Oil Market – By Source(Market Size –$Million/$Billion)
    11.1 Vegetable
    11.2 Animal
12. Fats And Oil Market – By Application(Market Size –$Million/$Billion)
    12.1 Food
    12.2 Industrial
13. Fats And Oil Market - By Geography(Market Size –$Million/$Billion)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Mexico
        13.1.3 Canada
    13.2 Europe
        13.2.1 U.K.
        13.2.2 France
        13.2.3 Germany
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Russia
        13.2.7 Rest of Europe
    13.3 Asia Pacific
        13.3.1 China
        13.3.2 India
        13.3.3 Japan
        13.3.4 South Korea
        13.3.5 Australia & New Zealand
        13.3.6 Rest of Asia Pacific
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Rest of South America
    13.5 Rest of the World
        13.5.1 Middle East
        13.5.2 Africa
14. Fats And Oil Market - Entropy
15. Fats And Oil Market – Industry/Segment Competition Landscape Premium
    15.1 Market Share Analysis
        15.1.1 Global Market Share – Key Companies
        15.1.2 Market Share by Region – Key companies
        15.1.3 Market Share by Countries – Key Companies
        15.1.4 Competition Matrix
        15.1.5 Best Practices for Companies
16. Fats And Oil Market – Key Company List by Country Premium Premium
17. Fats And Oil Market Company Analysis
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Market Segmentation Market 2019-2024 ($M)
1.1 By Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Chemical Structure Market 2019-2024 ($M)
1.1.2 Non-essential fats Market 2019-2024 ($M)
1.2 By Source Market 2019-2024 ($M) - Global Industry Research
1.2.1 Vegetable oil Market 2019-2024 ($M)
1.2.2 Oilseed oil Market 2019-2024 ($M)
1.2.3 Animal oil Market 2019-2024 ($M)
1.3 By Application Market 2019-2024 ($M) - Global Industry Research
1.3.1 Foods Market 2019-2024 ($M)
1.3.2 Feed Market 2019-2024 ($M)
1.3.3 Industrial Market 2019-2024 ($M)
2.Global Market Segmentation Market 2019-2024 (Volume/Units)
2.1 By Type Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Chemical Structure Market 2019-2024 (Volume/Units)
2.1.2 Non-essential fats Market 2019-2024 (Volume/Units)
2.2 By Source Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Vegetable oil Market 2019-2024 (Volume/Units)
2.2.2 Oilseed oil Market 2019-2024 (Volume/Units)
2.2.3 Animal oil Market 2019-2024 (Volume/Units)
2.3 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
2.3.1 Foods Market 2019-2024 (Volume/Units)
2.3.2 Feed Market 2019-2024 (Volume/Units)
2.3.3 Industrial Market 2019-2024 (Volume/Units)
3.North America Market Segmentation Market 2019-2024 ($M)
3.1 By Type Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Chemical Structure Market 2019-2024 ($M)
3.1.2 Non-essential fats Market 2019-2024 ($M)
3.2 By Source Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Vegetable oil Market 2019-2024 ($M)
3.2.2 Oilseed oil Market 2019-2024 ($M)
3.2.3 Animal oil Market 2019-2024 ($M)
3.3 By Application Market 2019-2024 ($M) - Regional Industry Research
3.3.1 Foods Market 2019-2024 ($M)
3.3.2 Feed Market 2019-2024 ($M)
3.3.3 Industrial Market 2019-2024 ($M)
4.Market Segmentation Market 2019-2024 ($M)
4.1 By Type Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Chemical Structure Market 2019-2024 ($M)
4.1.2 Non-essential fats Market 2019-2024 ($M)
4.2 By Source Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Vegetable oil Market 2019-2024 ($M)
4.2.2 Oilseed oil Market 2019-2024 ($M)
4.2.3 Animal oil Market 2019-2024 ($M)
4.3 By Application Market 2019-2024 ($M) - Regional Industry Research
4.3.1 Foods Market 2019-2024 ($M)
4.3.2 Feed Market 2019-2024 ($M)
4.3.3 Industrial Market 2019-2024 ($M)
5.Europe Market Segmentation Market 2019-2024 ($M)
5.1 By Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Chemical Structure Market 2019-2024 ($M)
5.1.2 Non-essential fats Market 2019-2024 ($M)
5.2 By Source Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Vegetable oil Market 2019-2024 ($M)
5.2.2 Oilseed oil Market 2019-2024 ($M)
5.2.3 Animal oil Market 2019-2024 ($M)
5.3 By Application Market 2019-2024 ($M) - Regional Industry Research
5.3.1 Foods Market 2019-2024 ($M)
5.3.2 Feed Market 2019-2024 ($M)
5.3.3 Industrial Market 2019-2024 ($M)
6.APAC Market Segmentation Market 2019-2024 ($M)
6.1 By Type Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Chemical Structure Market 2019-2024 ($M)
6.1.2 Non-essential fats Market 2019-2024 ($M)
6.2 By Source Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Vegetable oil Market 2019-2024 ($M)
6.2.2 Oilseed oil Market 2019-2024 ($M)
6.2.3 Animal oil Market 2019-2024 ($M)
6.3 By Application Market 2019-2024 ($M) - Regional Industry Research
6.3.1 Foods Market 2019-2024 ($M)
6.3.2 Feed Market 2019-2024 ($M)
6.3.3 Industrial Market 2019-2024 ($M)
7.MENA Market Segmentation Market 2019-2024 ($M)
7.1 By Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Chemical Structure Market 2019-2024 ($M)
7.1.2 Non-essential fats Market 2019-2024 ($M)
7.2 By Source Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Vegetable oil Market 2019-2024 ($M)
7.2.2 Oilseed oil Market 2019-2024 ($M)
7.2.3 Animal oil Market 2019-2024 ($M)
7.3 By Application Market 2019-2024 ($M) - Regional Industry Research
7.3.1 Foods Market 2019-2024 ($M)
7.3.2 Feed Market 2019-2024 ($M)
7.3.3 Industrial Market 2019-2024 ($M)

LIST OF FIGURES

1.US Fats And Oil Market Revenue, 2019-2024 ($M)
2.Canada Fats And Oil Market Revenue, 2019-2024 ($M)
3.Mexico Fats And Oil Market Revenue, 2019-2024 ($M)
4.Brazil Fats And Oil Market Revenue, 2019-2024 ($M)
5.Argentina Fats And Oil Market Revenue, 2019-2024 ($M)
6.Peru Fats And Oil Market Revenue, 2019-2024 ($M)
7.Colombia Fats And Oil Market Revenue, 2019-2024 ($M)
8.Chile Fats And Oil Market Revenue, 2019-2024 ($M)
9.Rest of Fats And Oil Market Revenue, 2019-2024 ($M)
10.UK Fats And Oil Market Revenue, 2019-2024 ($M)
11.Germany Fats And Oil Market Revenue, 2019-2024 ($M)
12.France Fats And Oil Market Revenue, 2019-2024 ($M)
13.Italy Fats And Oil Market Revenue, 2019-2024 ($M)
14.Spain Fats And Oil Market Revenue, 2019-2024 ($M)
15.Rest of Europe Fats And Oil Market Revenue, 2019-2024 ($M)
16.China Fats And Oil Market Revenue, 2019-2024 ($M)
17.India Fats And Oil Market Revenue, 2019-2024 ($M)
18.Japan Fats And Oil Market Revenue, 2019-2024 ($M)
19.South Korea Fats And Oil Market Revenue, 2019-2024 ($M)
20.South Africa Fats And Oil Market Revenue, 2019-2024 ($M)
21.North America Fats And Oil By Application
22.Fats And Oil By Application
23.Europe Fats And Oil By Application
24.APAC Fats And Oil By Application
25.MENA Fats And Oil By Application
26.Wilmar International Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Bunge Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cargill, Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Aboissa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.ConAgra Foods, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Unilever PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.United Plantations Berhad, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Astra Agro Lestari, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Meridional, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Associated British Foods PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Arista Industries, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Ajinomoto, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)