Vegetable Oils Global Market Report 2023: Favorable Blend Mandates Set to Enhance Vegetable Oil Demand in Biofuel Sector

Dublin, May 16, 2023 (GLOBE NEWSWIRE) -- The "Vegetable Oils: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Vegetable Oils Market to Reach 315.1 Million Metric Tons by 2030

In the changed post COVID-19 business landscape, the global market for Vegetable Oils estimated at 215.4 Million Metric Tons in the year 2022, is projected to reach a revised size of 315.1 Million Metric Tons by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Palm, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach 121.8 Million Metric Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Soybean segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at 18 Million Metric Tons, While China is Forecast to Grow at 5.8% CAGR

The Vegetable Oils market in the U.S. is estimated at 18 Million Metric Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 69.3 Million Metric Tons by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 117.5 Million Metric Tons by the year 2030.

Select Competitors (Total 309 Featured) -

• AarhusKarlshamn (AAK AB)
• Aceites Borges Pont S.A.
• ACH Food Companies, Inc.
• Mazola Oils
• Archer Daniels Midland Company
• Avena Nordic Grain Oy
• Avril Group
• Bunge Limited
• Bunge North America, Inc.
• Bunge Loders Croklaan Group BV
• C. Thywissen GmbH
• Cargill Incorporated
• COFCO Corporation
• Deoleo, S.A.
• Carapelli Firenze S.p.A.
• Corteva Agriscience
• Golden Agri-Resources Ltd.
• PT Smart Tbk
• IOI Group Berhad
• J-Oil Mills, Inc.
• Marico Limited
• PT Astra Agro Lestari Tbk
• P. T. Musim Mas
• Richardson Oilseed Limited
• Royal Smilde Foods
• Sime Darby Plantation Sdn Bhd
• Sovena Group
• The J. M. Smucker Company
• The Nisshin OilliO Group, Ltd.
• Ventura Foods, LLC
• Wilmar International Limited
• Adani Wilmar Limited (AWL)

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
• World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• Enduring the Harsh Impact of COVID-19, Vegetable Oil Industry Maintains Positive Trajectory in 2020
• An Overview of the Global Market for Vegetable Oils
• Market Highlights
• Key Challenges & Constraints
• Consumption in Asia-Pacific (including China) Augurs Well for Future Growth
• Per Capita Consumption (Kilograms) of Vegetable Oils by Region/Country: 2021E
• Production Landscape
• Oilseeds Production
• World Oilseeds Production by Country (2017 to 2022E): Breakdown of Volume Production (in Million Metric Tons) for Brazil, United States, China, Argentina, India, and Others
• World Vegetable Oilseeds Production by Type (2017 to 2022E): Breakdown of Volume Production (in Million Metric Tons) for Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed
• Global Oil Yield (Tons per Hectare) for Major Oilseed Crops
• Vegetable Oils Production
• World Vegetable Oils Production by Country/Region (2017 to 2022E): Breakdown of Volume Production (Million Metric Tons) for Indonesia, China, Malaysia, EU, United States, Argentina, Brazil, and Others
• Global Production of Major Vegetable Oils by Type (2017 to 2022E): Breakdown of Volume Production (Million Metric Tons) for Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, and Sunflowerseed Oil
• Palm Oil
• Global Palm Oil Production by Country (2017 to 2022E): Breakdown of Production Volume (Thousand Metric Tons) for Indonesia, Malaysia, Thailand, Colombia, Nigeria, and Others
• Annual Production Capacity for Certified Sustainable Palm Oil and Palm Kernel for 2010-2017 in MMT
• Total Certified Palm Oil (CSPO) Production Area (in Million Hectares): 2015-2020
• Soybean Oil
• Global Soybean Oil Production by Region/Country (2017 to 2022E): Breakdown of Production Volume (Thousand Metric Tons) for China, United States, Brazil, Argentina, European Union, India, Mexico, and Others
• Sunflowerseed Oil
• Global Sunflowerseed Oil Production by Region/Country (2020, 2021 & 2022E): Breakdown of Production Volume (Thousand Metric Tons) for Argentina, Russia, Turkey, Ukraine, European Union, and Others
• Olive Oil Production
• Competitive Landscape
• Demand Increase Triggers Industry Consolidation
• Leading Vegetable Oil Companies Worldwide: 2020
• Competitive Scenario in the Palm Oil Market: Asian Producers Dominate the Market
• Ranking of Leading Producers of Sustainable Palm Oil
• Leading Palm Oil Traders with Zero Deforestation Commitment: Ranked in Order of Number of Zero Deforestation Policies Implemented
• Key Competitive Traits
• Recent Market Activity
• Vegetable Oils - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

• WORLD BRANDS

3. MARKET TRENDS & DRIVERS

• Food Industry: Most Important Application Market for Vegetable Oils
• Growing Preference for Healthy, Organic & Unprocessed Cooking Oils
• Growing Awareness about Saturated Fatty Acids & Omega-6 in Vegetable Oils
• Fatty Acid Profiles of Major Cooking Oils - Butter, Olive, Coconut, Palm, Safflower, Corn, Soybean, and Canola
• Growing Health Consciousness & Demand for Convenience Foods
• Rise of the Vegetarianism & Customization to Local Tastes
• Increasing Product Diversity & Broad Range of New Options
• Vegetable Oil Companies Offering more Healthful Options amid the Pandemic
• Biofuels: The New Growth Avenue for Vegetable Oils
• Global Biodiesel Production (Million Tons): 2013, 2015, 2017, 2019 & 2021
• Global Biofuels (Fuel Ethanol and Biodiesel) Market by Product Type (2021): Percentage Breakdown of Volume Consumption for Biodiesel and Fuel Ethanol
• Global Biofuels Production by Region/Country (1995-2025): Breakdown of Volume Production (Million barrels per day of oil equivalent) for Brazil, EU, United States, and Others
• Average Biofuel Yields of First Generation Feedstock
• Favorable Blend Mandates Set to Enhance Vegetable Oil Demand in Biofuel Sector
• Vegetable Oils Aim to Widen Role in Industrial Applications
• Established Role of Vegetable Oils in Personal Care Applications
• Palm Oil: Largest & Fastest Growing Product Segment
• Global Per Capita Palm Oil Consumption (Kilograms) for Major Countries: 2016 & 2020
• Diverse Food and Non-Food Applications Lend Traction to Market Demand
• Breakdown of Palm Oil Volume Consumption (in %) in Food and Non-Food Sectors (2010 & 2020)
• RSPO's Novel Initiatives Aim to Resolve Biodiversity & Sustainability Issues Prevalent in Palm Oil Industry
• Leading Producers of Palm Oil Worldwide: Approximate Percentage Share of Production of RSPO
• Increasing R&D Emphasis Elevates Prospects of Soybean Oil against Competing Oils
• New Generation Soya Bean Oil Formulations Come to the Fore
• Rising Adoption in Food Service Sector Boosts Uptake of Canola Oil
• Robust Image of Sunflower Oil as a Healthy Alternative to TFAs Spurs Demand
• Backed by Incredible Nutritional Benefits, Coconut Oil to Sustain Momentum
• Despite Being the Most Expensive of All Vegetable Oils, Olive Oil Continues to Experience High Demand
• Health and Environmental Benefits Promote Demand for Maize Oil
• Demographic Trends Strongly Favor Future Growth in World Vegetable Oil Market
• Growing Population
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
• Urban Sprawl
• World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
• Large Middle Class Segment
• Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
• Despite Challenges, Global Vegetable Oil Refining Offers Lucrative Opportunities
• Innovations & Research Findings Strengthen Market Prospects
• Steady Proliferation of Technology for Boosting Oilseed & Vegetable Oil Output
• R&D Efforts Enable the Launch of Zero Trans-Fats Oils
• Ohio State University Study Reveals Potential Heart Health & Lowered Diabetes Risk Benefits of Vegetable Oils with High Linoleic Acid Levels
• Italian Researchers Identify Positive Effects of Extra Virgin Olive Oil on Meat Lipids Digestion
• Cargill & BASF Develop Canola Oil with Beneficial Omega-3 EPA and DHA
• Dow Rolls Out Omega-9 Sunflower Oil for Food Applications
• Steep Rise in Prices Emerges as a Major Challenge
• Rising Concerns Over GMO Contamination: A Major Issue
• Oils Derived from Non-Traditional Sources: An Emerging Threat
• Vegetable Oils: An Evolutionary Scan
• Chemical & Physical Properties of Vegetable Oils
• Vegetable Oils: Product Classification
• Edible Vegetable Oils: Production Process
• Processing Methods

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/imiomn

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