Unsaturated Vegetable Oil Market size was valued at USD 95 Billion in 2024 and is forecasted to grow at a CAGR of 5% from 2026 to 2033, reaching USD 145 Billion by 2033.
The global unsaturated vegetable oil market was valued at USD 52.7 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth can be attributed to the increasing demand for healthy cooking oils and the rising awareness about the health benefits associated with unsaturated vegetable oils, such as reduced cholesterol levels and improved heart health. North America held the largest market share in 2022, accounting for approximately 35% of the total market value. The regions preference for plant based oils and health conscious consumers continue to drive market demand. Europe and Asia Pacific are also significant markets, contributing about 30% and 25%, respectively, with Asia Pacific projected to witness the fastest growth during the forecast period due to the rising population and growing dietary changes in countries like India and China.
Regionally, Latin America and the Middle East & Africa collectively accounted for the remaining market share in 2022, with Latin America showing considerable promise due to increasing agricultural activities. The market in these regions is expected to grow at a steady pace, driven by the expansion of the food and beverage sector. Opportunities in the unsaturated vegetable oil market lie in the growing consumer preference for plant based and organic oils, along with the increasing production of oilseeds in emerging economies. The expansion of retail channels, including online platforms, will further augment market growth, especially in underpenetrated regions such as Africa and the Middle East. The demand for unsaturated vegetable oil in the food processing industry and for use in industrial applications also offers substantial growth prospects.
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Avaya
Cisco Systems
IBM Corporation
Huawei Technologies
Ericsson AB
TokBox
Mitel Networks Corporation
AT&T
Plivo
Twilio
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Unsaturated Vegetable Oil Market
Refined Unsaturated Vegetable Oil
Unrefined Unsaturated Vegetable Oil
Food Industry
Cosmetics Industry
Pharmaceutical Industry
Biofuel Production
Soybean Oil
Sunflower Oil
Canola Oil
Olive Oil
Peanut Oil
Cold-Pressed
Expeller-Pressed
Solvent-Extracted
Bulk Packaging
Retail Packaging
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Unsaturated Vegetable Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Unsaturated Vegetable Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Unsaturated Vegetable Oil Market, By Type
6. Global Unsaturated Vegetable Oil Market, By Application
7. Global Unsaturated Vegetable Oil Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Unsaturated Vegetable Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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