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Vegetable Oil Market -By Packaging (HDPE Cans, PET Bottles, Tetra Packs, Tin-Plate Containers, Glass Bottles, And Flexible Plastic Pouches); By Product Type (Sunflower Oil, Palm Oil, Olive Oil, Soybean Oil, Canola Oil, Peanut Oil, Coconut Oil, And Others (Cottonseed Oil, Etc.)); By End-User (Food Services Industry, Food Processing Industry, Cosmetic Industry, Pharmaceutical Industry, And Others (Fuels, etc.)); By Application (Industrial, Food, And Feed); By Distribution Channel (Offline And Online); And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 29-Jan-2021 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-1713 Status : Published

The global Vegetable Oil market, which amassed revenue worth nearly 10.1(USD Billion) in 2018, will register a CAGR of nearly 5.2% during the period from 2019 to 2025. The Vegetable Oil market is likely to accrue gains worth 15.2(USD Billion) by 2025.

Description

The report offers assessment and analysis of the Vegetable Oil Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion).

Introduction

Vegetable oil is extracted from seed or other parts of fruits. Vegetable oils also referred as vegetable fat is the blend of triglycerides, grape seed oil, soybean oil, and cocoa butter. Apart from this, rice bran oil, olive oil, and palm oil are few of the examples of vegetable oils. Additionally, the product is used in cosmetic & make-up products as well as food & household items. Apparently, the fatty acids are extracted from vegetable oil and utilized in cosmetics, pharmaceuticals, and bactericides.

Global Vegetable Oil Market

Market Growth Dynamics

Large-scale use of vegetable oil in industrial and transport sectors will propel the expansion of vegetable oil market in the ensuing years. Major benefits offered by the product are biodegradability and resource renewability. Few of the major usage of these products are open gears, two stroke engines, farming, forestry device, mining, open gears, hydraulics, chain saws, and mold releases. Large-scale use of vegetable oil in producing detergents and soaps as well as in manufacturing greases, candles, and lubricants will prompt the expansion of vegetable oil market over the years ahead. Nonetheless, omega-6 vegetable oil can cause heart ailment and this can hinder the use of the vegetable oil in the ensuing years.

Furthermore, vegetable oil is also used as a key substitute for mineral oil in power station as they possess better lubricity, reduced volatility, high pressure performance, lower smoke features, and high viscosity as compared to mineral oil. This will further drive the expansion of the vegetable oil industry. Apparently, thriving biofuel industry will further add towards the growth of the vegetable oil market in the years ahead. The main reason being the use of vegetable oil as a source to produce bioethanol which is further utilized in production of biofuel. Additionally, rapidly expanding biodiesel sector will make huge contributions towards vegetable oil market size as vegetable oil is used as raw material for biodiesel production. Apart from this, escalating demand for biodiesel in the automotive, aerospace, and aviation industries is expected to have a positive impact on the global vegetable oil market growth.

The product is majorly used in FMCG and this will further drive the vegetable oil market trends. Thriving processed food sector and massive use of the product in culinary and perfume production will propel the business landscape. Large-scale use of vegetable oil as animal feed additive will enlarge the scope of both the animal feed additives sector as well as vegetable oil market in the forthcoming years. With vegetable oil finding major applications in automotive sector and strict laws regulating the fuel emission norms, the vegetable oil industry is anticipated to gain traction over the years ahead.

Asia Pacific To Dominate Overall Market Growth By 2025

The expansion of vegetable oil industry in Asia Pacific during the forecast timeline is the result of massive demand for substitutes for fast depleting fossil fuel along with huge requirement of biofuel with an objective of reducing carbon emissions. In addition to this, immense growth witnessed in food processing and bio-plastics sectors in the region will further contribute towards regional market size over the upcoming years. Easy availability of raw materials used for producing vegetable oil will prompt the vegetable oil market value in Asia Pacific in the years to come. Countries such as India and China of the Asia Pacific zone are slated to be the major drivers of the vegetable oil market in the region.

Key players profiled in the study are BP, Savola Group, Total S.A., Archer Daniels Midland Co., Fuji Oil, Shell, Cargill Agricola S.A., Dow Agrosciences LLC, Bunge North America Inc., and United Plantations Berhad.

The global vegetable oil market is segmented as follows:

By Product Type

  • Palm oil
  • Sunflower oil
  • Canola oil
  • Soybean oil
  • Coconut oil
  • Peanut oil
  • Olive oil
  • Others (cottonseed oil, etc.)

By Packaging

  • PET Bottles
  • HDPE Cans
  • Tin-Plate Containers
  • Tetra packs
  • Flexible Plastic Pouches
  • Glass Bottles

By Application

  • Food
  • Industrial
  • Feed

By End-User

  • Food Processing Industry
  • Food Services Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Others (Fuels, etc.)

By Distribution Channel

  • Online
  • Offline

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Vegetable Oil Market, 2015–2025(USD Billion)
    • 2.2. Vegetable Oil Market: Snapshot
  • Chapter 3. Global Vegetable Oil Market– Industry Analysis
    • 3.1. Vegetable Oil Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Vegetable oil is also used as a key substitute for mineral oil in power station as they possess better lubricity, reduced vulatility, high pressure performance, lower smoke features, and high viscosity as compared to mineral oil. This will further drive the expansion of the vegetable oil industry.
      • 3.2.2. Escalating demand for biodiesel in the automotive, aerospace, and aviation industries is expected to have a positive impact on the global vegetable oil market growth.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Application
      • 3.4.2. Market attractiveness analysis By Product Type
      • 3.4.3. Market attractiveness analysis By Packaging
      • 3.4.4. Market attractiveness analysis By End-User
      • 3.4.5. Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Vegetable Oil Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Vegetable Oil Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Technulogy launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Vegetable Oil Market– Application Analysis
    • 5.1. Global Vegetable Oil Market overview: By Application
      • 5.1.1. Global Vegetable Oil Market share, By Application,2018 and 2025
    • 5.2. Food
      • 5.2.1. Global Vegetable Oil Market by Food , 2015–2025(USD Billion)
    • 5.3. Feed
      • 5.3.1. Global Vegetable Oil Market by Feed, 2015–2025(USD Billion)
    • 5.4. Industrial
      • 5.4.1. Global Vegetable Oil Market by Industrial, 2015–2025(USD Billion)
  • Chapter 6. Global Vegetable Oil Market– Product Type Analysis
    • 6.1. Global Vegetable Oil Market overview: By Product Type
      • 6.1.1. Global Vegetable Oil Market share, By Product Type , 2018 and 2025
    • 6.2. Palm Oil
      • 6.2.1. Global Vegetable Oil Market By Palm Oil, 2015–2025(USD Billion)
    • 6.3. Sunflower Oil
      • 6.3.1. Global Vegetable Oil Market By Sunflower Oil, 2015–2025(USD Billion)
    • 6.4. Canula Oil
      • 6.4.1. Global Vegetable Oil Market By Canula Oil, 2015–2025(USD Billion)
    • 6.5. Olive Oil
      • 6.5.1. Global Vegetable Oil Market By Olive Oil, 2015–2025(USD Billion)
    • 6.6. Soybean Oil
      • 6.6.1. Global Vegetable Oil Market By Soybean Oil, 2015–2025(USD Billion)
    • 6.7. Peanut Oil
      • 6.7.1. Global Vegetable Oil Market By Peanut Oil, 2015–2025(USD Billion)
    • 6.8. Coconut Oil
      • 6.8.1. Global Vegetable Oil Market By Coconut Oil, 2015–2025(USD Billion)
    • 6.9. Others
      • 6.9.1. Global Vegetable Oil Market By Others, 2015–2025(USD Billion)
  • Chapter 7. Global Vegetable Oil Market– End-User Analysis
    • 7.1. Global Vegetable Oil Market overview: By End-User
      • 7.1.1. Global Vegetable Oil Market share, By End-User , 2018 and 2025
    • 7.2. Food Services Industry
      • 7.2.1. Global Vegetable Oil Market By Food Services Industry, 2015–2025(USD Billion)
    • 7.3. Food Processing Industry
      • 7.3.1. Global Vegetable Oil Market By Food Processing Industry, 2015–2025(USD Billion)
    • 7.4. Cosmetic Industry
      • 7.4.1. Global Vegetable Oil Market By Cosmetic Industry, 2015–2025(USD Billion)
    • 7.5. Pharmaceutical Industry
      • 7.5.1. Global Vegetable Oil Market By Pharmaceutical Industry, 2015–2025(USD Billion)
    • 7.6. Others
      • 7.6.1. Global Vegetable Oil Market By Others, 2015–2025(USD Billion)
  • Chapter 8. Global Vegetable Oil Market– Distribution Channel Analysis
    • 8.1. Global Vegetable Oil Market overview: By Distribution Channel
      • 8.1.1. Global Vegetable Oil Market share, By Distribution Channel , 2018 and 2025
    • 8.2. Offline
      • 8.2.1. Global Vegetable Oil Market By Offline, 2015–2025(USD Billion)
    • 8.3. Online
      • 8.3.1. Global Vegetable Oil Market By Online, 2015–2025(USD Billion)
  • Chapter 9. Global Vegetable Oil Market– Packaging Analysis
    • 9.1. Global Vegetable Oil Market overview: By Product Type
      • 9.1.1. Global Vegetable Oil Market share, By Product Type , 2018 and 2025
    • 9.2. HDPE Cans
      • 9.2.1. Global Vegetable Oil Market By HDPE Cans, 2015–2025(USD Billion)
    • 9.3. PET Bottles
      • 9.3.1. Global Vegetable Oil Market By PET Bottles, 2015–2025(USD Billion)
    • 9.4. Tetra Packs
      • 9.4.1. Global Vegetable Oil Market By Tetra Packs, 2015–2025(USD Billion)
    • 9.5. Tin-Plate Containers
      • 9.5.1. Global Vegetable Oil Market By Tin-Plate Containers, 2015–2025(USD Billion)
    • 9.6. Glass Bottles
      • 9.6.1. Global Vegetable Oil Market By Glass Bottles, 2015–2025(USD Billion)
    • 9.7. Flexible Plastic Pouches
      • 9.7.1. Global Vegetable Oil Market By Flexible Plastic Pouches, 2015–2025(USD Billion)
  • Chapter 10. Company Profiles
    • 10.1. BP
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product Portfulio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. Total S.A.
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product Portfulio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. Archer Daniels Midland Co.
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product Portfulio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. Shell
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product Portfulio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. Cargill Agricula S.A.
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product Portfulio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Development
    • 10.6. Bunge North America Inc.
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product Portfulio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Development
    • 10.7. Dow Agrosciences LLC
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product Portfulio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Development
    • 10.8. Fuji Oil
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product Portfulio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Development
    • 10.9. Savula Group
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product Portfulio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Development
    • 10.10. United Plantations Berhad
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product Portfulio
      • 10.10.4. Business Strategy
      • 10.10.5. Recent Development

Methodology


Frequently Asked Questions

Large-scale use of vegetable oil in industrial and transport sectors will propel the expansion of vegetable oil market in the ensuing years. Major benefits offered by the product are biodegradability and resource renewability. Few of the major usage of these products are open gears, two stroke engines, farming, forestry device, mining, open gears, hydraulics, chain saws, and mold releases. Large-scale use of vegetable oil in producing detergents and soaps as well as in manufacturing greases, candles, and lubricants will prompt the expansion of vegetable oil market over the years ahead. Apart from this, escalating demand for biodiesel in the automotive, aerospace, and aviation industries is expected to have a positive impact on the global vegetable oil market growth. The product is majorly used in FMCG and this will further drive the vegetable oil market trends. Thriving processed food sector and massive use of the product in culinary and perfume production will propel the business space.

 

The global Vegetable Oil market, which amassed revenue worth nearly 10.1(USD Billion) in 2018, will register a CAGR of nearly 5.2% during the period from 2019 to 2025. The Vegetable Oil market is likely to accrue gains worth 15.2(USD Billion) by 2025.

 

Asia Pacific continent will contribute sizably towards the global Vegetable Oil Market revenue over the estimated timeline. The growth of the magnetic refrigeration industry in Asia Pacific over 2019-2025 is attributed to massive demand for substitutes for fast depleting fossil fuel along with huge requirement of biofuel with an objective of reducing carbon emissions. In addition to this, immense growth witnessed in food processing and bio-plastics sectors in the region will further contribute towards regional market size over the upcoming years. Easy availability of raw materials used for producing vegetable oil will prompt the vegetable oil market value in Asia Pacific in the years to come. Countries such as India and China of the Asia Pacific zone are slated to be the major drivers of the vegetable oil market in the region.

The key market participants include BP, Savola Group, Total S.A., Archer Daniels Midland Co., Fuji Oil, Shell, Cargill Agricola S.A., Dow Agrosciences LLC, Bunge North America Inc., and United Plantations Berhad.

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