Japan Edible Plant Oil Market was valued at USD 5.56 Billion in 2022 and is projected to reach USD 6.57 Billion by 2030, growing at a CAGR of 2.20% from 2024 to 2030.
The Edible Plant Oil Market Has Seen Significant Growth Over Recent Years, Driven By Rising Consumer Demand For Healthier Cooking Oils, The Expansion Of Plant-Based Diets, And An Increased Awareness Of The Importance Of Nutrition. In Particular, Oils Extracted From Soybeans, Sunflower, Canola, Olive, And Palm Have Become Household Staples Due To Their Versatility, Affordability, And Health Benefits.
Global Production Of Edible Plant Oils Reached Impressive Figures, With Countries Like China, India, And The United States Leading In Both Cultivation And Consumption. According To Recent Reports, The Market Size Is Expected To Continue Its Upward Trajectory, With A Projected Compound Annual Growth Rate (Cagr) Of 6% Over The Next Decade. The Increasing Popularity Of Plant-Based Diets Is One Of The Primary Factors Fueling The Growth Of This Market, As Consumers Look To Replace Animal Fats With Healthier Alternatives.
The Health-Conscious Trend Has Shifted Consumer Preferences Towards Oils That Are High In Monounsaturated And Polyunsaturated Fats, Such As Olive Oil And Avocado Oil, While Reducing Consumption Of Saturated Fats. These Oils Are Considered Heart-Healthy, And Many Consumers Are Becoming More Knowledgeable About The Nutritional Content Of Oils. As Such, The Demand For Organic And Cold-Pressed Oils Is Expected To Rise As More People Seek Oils With Minimal Processing And Additives.
In Addition To The Growing Demand In Developed Markets, The Edible Plant Oil Market Is Also Witnessing An Upsurge In Emerging Economies Where Economic Development Is Driving Both Urbanization And Dietary Shifts. As Disposable Incomes Increase, More People Are Able To Afford Premium Oils, Such As Extra Virgin Olive Oil Or Specialty Oils Like Coconut And Grapeseed Oil.
Advancements In Technology Are Also Making A Significant Impact On The Edible Plant Oil Market. The Development Of More Efficient Extraction Methods And Innovations In Packaging Are Helping Manufacturers Meet The Growing Demand For Healthier And More Convenient Cooking Oils. Furthermore, Sustainability Efforts Are Gaining Momentum, With Producers Adopting Environmentally Friendly Practices To Meet Consumer Preferences For Eco-Conscious Products.
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Cargill
Archer Daniels Midland(ADM)
Bunge
Fuji Oil
Bunge North America Inc
ConAgra Foods Inc
CHS Inc
J-Oil Mills Inc
Dow Agrosciences
United Plantations Berhad
Savola
Carapelli Firenze S.P.A
Olam International
Adani Group
Ventura Foods
Lorenzati Group
Shandong Xingquan Oil Co. Ltd
Xunda Edible Oil Co. Ltd
Yihai Kerry
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Edible Plant Oil Market
Commercial
Household
Based on Types the Market is categorized into Below types that held the largest Edible Plant Oil market share In 2023.
Peanut Oil
Soybean Oil
Rapeseed Oil
Oliver Oil
Others
Global (United States, Global 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 Edible Plant 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 Edible Plant Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Edible Plant Oil Market, By Type
6. Global Edible Plant Oil Market, By Application
7. Global Edible Plant Oil Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Edible Plant Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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