Oils & Fats Global Industry Almanac 2020-2029
Oils & Fats Global Industry Almanac 2020-2029Summary
Global Oils & Fats industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oils & fats market includes retail sales of edible oils and solid fats. The oils segment covers cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, etc. The solid fats segment includes compound cooking fats (CCF), ghee, lard, shortening, and other solid fats.
- By distribution channel, the market is segmented into food & drinks specialists, supermarkets, independent stores, hypermarkets, and others. The scope of others includes e-commerce, convenience stores, discounters, etc.
- All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global oils & fats market recorded revenues of $157,763.6 million in 2024, representing a compound annual growth rate (CAGR) of 5.0% between 2019-24.
- Market consumption volume increased with a CAGR of 3.4% between 2019-24, reaching a total of 51,311.4 million kilograms in 2024.
- The healthy growth of the global oils & fats market during 2019-24 can be attributed to higher household spending on food, which increases demand for packaged foods and ready-to-cook meals, which use oils & fats as key ingredients.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global oils & fats market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global oils & fats market
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global oils & fats market with five year forecasts by both value and volume
- Macroeconomic indicators provide insight into general trends within the Asia-Pacific economy
Reasons to Buy
- What was the size of the global oils & fats market by value in 2024?
- What will be the size of the global oils & fats market in 2029?
- What factors are affecting the strength of competition in the global oils & fats market?
- How has the market performed over the last five years?
- Who are the top competitors in the global oils & fats market?
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