Vegetable oil is a natural oil that is extracted from the seeds, nuts and fruits of plants. It serves as a source of nutrients and industrial raw materials to mankind. Vegetable oil is today found in absolutely everything from food and household products, to make-up and cosmetics. In the food industry, vegetable oil is used as a cooking oil and as a constituent to margarine, shortening, non-dairy creamers and ice cream. It is also used in products where animal fats are deplorable on religious grounds. Moreover, the fatty acids derived from vegetable oil are also used in the production of cosmetics, bactericides and pharmaceuticals. Traditionally, the non-food uses of vegetable oil have been in the manufacturing of soaps, detergents as well as in the production of greases, lubricants and candles.
According to the report, one of the primary drivers in the market is increase in use of high-quality edible oils. Edible oil is mainly used for cooking purposes, and the rising health awareness among consumers has led to the need for high-quality edible oils. The cold-pressed oils are counted as high-quality oils as they are pressed at a lower temperature, which preserves the flavor and characteristics of the oil. Approximately 80% of edible oils are extracted from plant sources, and temperate oil seeds like peanut, rapeseed, and soybean constitute 60% of this. Various parameters are used to check the quality of these edible oils, including AV (Anisidine value), IV (iodine value), FFA (free fatty acids), and TFA (trans fatty acids). The fatty acid content in these oils limits their use as a cooking oil. However, olive oil, which is the healthiest oil because it has more monounsaturated fats, is being used increasingly.
The global Vegetable Oil market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Vegetable Oil market based on company, product type, end user and key regions.
This report studies the global market size of Vegetable Oil in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Vegetable Oil in these regions.
This research report categorizes the global Vegetable Oil market by top players/brands, region, type and end user. This report also studies the global Vegetable Oil market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Archer Daniels Midland
Bunge North America
E.I. Du Pont De Nemours
Kuala Lumpur Kepong
PT Astra Agro Lestari
Sime Darby Sdn
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Vegetable Oil market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Vegetable Oil market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Vegetable Oil companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Vegetable Oil submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Vegetable Oil are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vegetable Oil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.