Edible Oils and Fats Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Edible Oils and Fats Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2018-2026
Edible oils and fats are esters of carboxylic acids and glycerols. Oils are liquid at room
temperature while fats are partially solid at room temperature. Oils and fats are used in
cooking to improve taste and give good texture. The demand for edible oils and fats is
attributed to the growing demand for fried and processed food, increasing number of
restaurants and fast food joints, urbanization and increasing population.
The major challenge for edible oil and fat industry is the growing health problems caused by
oils and fats such as obesity and cardiovascular diseases. Various innovative cholesterol free,
low fat, low calorie oils enriched with vitamins and antioxidants are introduced in the market.
These innovative products are increasing the demand of oils and fats in the global market.
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Various vegetable oils such as soya bean, sunflower, cotton seed, groundnut, coconut oil are
commonly used. Edible animal fats utilized are tallow and lard. Oils and fats are extracted
using Expeller pressed and cold pressed techniques. In expeller pressed, the pressure and
friction results in extraction of oil while in cold-pressed technique low temperatures are used.
Global Edible Oils and Fats Market Outlook
In North America, the edible oils and fats market is driven by advanced manufacturing
procedures, high capita per income and increasing demand for fast food by public.
In Europe, there is a shift of consumers to high quality edible oils and fats due increased
awareness about health. Low calorie, low fat and cholesterol free oils and fats are majorly
preferred in this region, which in turn has anticipated the growth of global edible oils and fats
market.
Asia pacific is the largest market for edible oils and fats owing to increasing population
especially in India and China.
In South America, Middle East and Africa, the burgeoning growth in the commercial sector
have boosted the market for edible oils and fats.
The companies are adopting various organic and inorganic growth strategies to sustain their
market positions such as new product launch, geographical expansion, merger and
acquisition. An example of such strategy is the acquisition of Dalmia olive oil business by
Cargill Inc in 2014. The important players in the market for edible oils and fats are Adani
Wilmar Ltd., Ruchi Borges Mediterranean Group, Archer Daniels Midland Company, Cargill
Inc., American Vegetable Oils, Inc., Beidahuang Group, Fuji Vegetable Oil, Inc., ConAgra
Foods Inc., International Foodstuff Company Limited, Ajinomoto Co., Inc., United
Plantations Berhad, Associated British Foods plc, CHS Inc., Unilever plc, Bunge Limited,
Mother Diary and Wilmar International Limited.
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Edible Oils and Fats Market report categorizes global market by product type, source, form, and distributional channel - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-25

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