Global Edible Oil And Fats Market Insights, Forecast to

  • global edible oils and fats market insights
  • global edible oils and fats market insights
  • global edible oils and fats market insights
  • global edible oils and fats market insights

Edible Oils & Fats Market Size Share Forecast Report

Edible Oils and Fats Market Size,Share ,Global Growth

Iraq Edible Oils and Fats Market Industry Insights

Global Oils (Oils and Fats) Market Outlook to 2025

  • What is the global edible oil and fats market size?
  • The global edible oil and fats market size was valued at USD 464.48 billion in 2022 and is expected to expand at a revenue-based compound annual growth rate (CAGR) of 7.5% from 2023 to 2030.
  • How big is the Edible Oils market in 2024?
  • The edible oils market is estimated at USD 250.78 billion in 2024 and is projected to reach USD 306.92 billion by 2029, at a CAGR of 4.1% from 2024 to 2029. The global edible oils market is witnessing high growth, led by increasing population, ever-increasing disposable incomes, and changing dietary patterns in the world.
  • Which segment dominated the edible oils & fats market in 2022?
  • Based on type, the vegetable oils segment accounted for 83.67% of the edible oils & fats market in 2022. Population growth, changing dietary preferences, health concern, and the rising food processing sector are all driving demand for edible oils and fats, particularly vegetable oils.
  • How big is Asia Pacific edible oils & fats market?
  • Asia Pacific edible oils & fats market size dominated around USD 139.9 billion in 2022, driven by many key reasons, including urbanization, population expansion, changing dietary choices, and an expanding food sector.
  • What are the trends in the Edible Oils market?
  • Trends in the market: The global Edible Oils Market is experiencing a significant shift towards health-oriented products, with consumers increasingly favoring organic and plant-based oils. In North America, the demand for oils with high omega-3 content is surging, driven by a growing awareness of heart health.
  • How is edible oils & fats market segmented?
  • Based on distribution channel, the edible oils & fats market is segmented as modern trade, traditional trade, and online retail.