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Cooking Oil Market, Global Outlook and Forecast 2024

Cooking Oil Market, Global Outlook and Forecast 2024

  • Published on : 26 December 2023
  • Pages :75
  • Report Code:SMR-7765251

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Report overview

The global Cooking Oil market was valued at US$ 1023.7 million in 2022 and is projected to reach US$ 1348.9 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Cooking oil is plant, animal, or synthetic fat used in frying, baking, and other types of cooking. It is also used in food preparation and flavouring not involving heat, such as salad dressings and bread dips, and in this sense might be more accurately termed edible oil.
Cooking oil is typically a liquid at room temperature, although some oils that contain saturated fat, such as coconut oil, palm oil and palm kernel oil are solid.
There is a wide variety of cooking oils from plant sources such as olive oil, palm oil, soybean oil, canola oil (rapeseed oil), corn oil, peanut oil and other vegetable oils, as well as animal-based oils like butter and lard.
This report aims to provide a comprehensive presentation of the global market for Cooking Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cooking Oil. This report contains market size and forecasts of Cooking Oil in global, including the following market information:

  • Global Cooking Oil Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Cooking Oil Market Sales, 2018-2023, 2024-2029, (K MT)
  • Global top five Cooking Oil companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Rapeseed (canola) oil Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Cooking Oil include Cargill Agricola S.A, ACH Foods Company Inc, Bunge North America Inc, Archer Daniels Midland Company, ConAgra Foods Inc, CHS Inc, Chinatex Corporation, Richardson Oilseed Ltd and J-Oil Mills Inc, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Cooking Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cooking Oil Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cooking Oil Market Segment Percentages, by Type, 2022 (%)

  • Rapeseed (canola) oil
  • Sunflower oil
  • Palm kernel oil
  • Soybean oil
  • Minor vegetable oil
  • Palm oil

Global Cooking Oil Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cooking Oil Market Segment Percentages, by Application, 2022 (%)

  • Commercial Use
  • Household

Global Cooking Oil Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cooking Oil Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cooking Oil revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cooking Oil revenues share in global market, 2022 (%)
Key companies Cooking Oil sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Cooking Oil sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • Cargill Agricola S.A
  • ACH Foods Company Inc
  • Bunge North America Inc
  • Archer Daniels Midland Company
  • ConAgra Foods Inc
  • CHS Inc
  • Chinatex Corporation
  • Richardson Oilseed Ltd
  • J-Oil Mills Inc
  • Carapelli Firenze S.P.A

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Cooking Oil, market overview.
  • Chapter 2: Global Cooking Oil market size in revenue and volume.
  • Chapter 3: Detailed analysis of Cooking Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Cooking Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Cooking Oil capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.