Japan Plant-based Oils Market was valued at USD 2.4 Billion in 2022 and is projected to reach USD 4.0 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
In Japan, plant-based oils have a significant role in the food industry, where they are used extensively for cooking, frying, and as ingredients in various food products. These oils are favored for their health benefits, such as lower levels of saturated fats compared to animal fats, and are considered more suitable for heart health. The food industry relies on a diverse range of plant-based oils including soybean, canola, and sunflower oils. These oils are used in both commercial food production and in household kitchens, highlighting their versatility and importance in Japanese cuisine. Additionally, with the increasing trend towards health-conscious eating, plant-based oils are becoming a popular choice among consumers who are looking to reduce their intake of animal fats and cholesterol.
The growing awareness about the health benefits of plant-based oils is driving their demand in the food industry. In particular, oils like olive and avocado are gaining popularity due to their high content of monounsaturated fats and antioxidants. As Japanese consumers become more informed about the advantages of incorporating these oils into their diet, the food industry is responding by developing new products and reformulating existing ones to include healthier plant-based oils. This shift is evident in various sectors including restaurants, processed foods, and retail products, reflecting a broader trend towards more sustainable and health-conscious eating habits.
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ACH Food Companies
Inc.
AG Processing Inc A Cooperative
Archer Daniels Midland Company
Bunge Limited
Cargill Incorporated
Darby Plantation Berhad
FUJI OIL ASIA PTE. LTD.
Golden Agri-Resources
Kuala Lumpur Kepong Berhad
Astra Agro Lestari
Riceland Foods
Olam Group
Viterra
Westmill Foods
Wilmar International
Shell
Corteva
Savola
United Plantations Berhad
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 Japan Plant-based Oils Market
Food and Beverages
Animal Feed
Biofuel
Industrial
Others
Based on Types the Market is categorized into Below types that held the largest Plant-based Oils market share In 2023.
Sunflower Oil
Palm Oil
Cottonseed Oil
Soybean Oil
Rapeseed Oil
Coconut Oil
Others
Japan (United States, Japan 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 Japan Plant-based Oils 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. Japan Plant-based Oils Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Plant-based Oils Market, By Type
6. Japan Plant-based Oils Market, By Application
7. Japan Plant-based Oils Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Plant-based Oils Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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