Cooking Oil Market Size Analysis:
Cooking Oil Market was worth USD 100 billion in 2019 and estimated to be growing at a CAGR of 5.94%, to reach USD 130.7 billion by 2026. Cooking oil is a fat which is obtained from animal, plant and synthetic sources which are used for cooking. It is also used for flavouring purposes without using heat by spreading over foods such as salad dressings and bread dips.
Cooking Oil comes in many forms from plant sources such as palm oil, olive oil, canola oil, soybean oil, peanut oil and other vegetable oils and animal based examples are butter and lard. The guidelines are that 10% or less of calories obtained daily shall be from saturated fat and 20-35% of obtained calories daily shall come from monounsaturated and polyunsaturated fats. Oils such as coconut oil, palm oil and palm kernel oil are high in saturated fat, which upon high usage is associated with cardiovascular diseases and high LDL concentration in the blood. Trans fats are known not to promote good health and consumption is associated with coronary heart disease.
Cooking Oil Market Growth:
The Global Cooking Oil market is driven by factors like rising preference for convenience foods, rising awareness about biofuel, rising consumption of vegetable oils, rising population and diversification of products among others. However, the market is constrained by factors like high price involved in the process of extraction of oil from seeds and adverse climatic conditions in some regions.
Cooking Oil Market Segmentation:
The Global Cooking Oil market is divided on the basis of extraction method into solvent extraction, mechanical extraction, hydrogenation and sparging. By application the market is divided into food, diesel and industrial sub-segments. On the basis of type, the market is divided into palm kernel oil, palm oil, canola oil, soybean oil, sunflower oil and minor vegetable oil.
The Global Cooking Oil market is divided based on geography into North America, Europe, Asia Pacific, Latin America and Middle East and Africa regions. Asia Pacific region has the largest market in the world by share and is also the fastest growing region. Europe has the second largest market which is followed by North America region.
Cooking Oil Market Major Key Players
Some of the major players in the market include Ach Food Companies Inc., Archer Daniels Midland Company, Beidahuang Group, Bunge Alimentos SA, Bunge Global Inc., Carapelli Firenze S.P.A, Cargill Agricola S.A., Cargill Investment (China) co. ltd and Chinatex Corporation.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Extraction Method
5.1.1 Solvent Extraction
5.1.2 Mechanical Extraction
5.1.3 Hydrogenation
5.1.4 Sparging
5.1.5 Y-o-Y Growth Analysis, By Extraction Method
5.1.6 Market Attractiveness Analysis, By Extraction Method
5.1.7 Market Share Analysis, By Extraction Method
5.2 Application
5.2.1 Food
5.2.2 Diesel
5.2.3 Industrial
5.2.4 Y-o-Y Growth Analysis, By Application
5.2.5 Market Attractiveness Analysis, By Application
5.2.6 Market Share Analysis, By Application
5.3 Type
5.3.1 Palm Kernel Oil
5.3.2 Palm Oil
5.3.3 Canola Oil
5.3.4 Soybean Oil
5.3.5 Sunflower Oil
5.3.6 Minor Vegetable Oil
5.3.7 Y-o-Y Growth Analysis, By Type
5.3.8 Market Attractiveness Analysis, By Type
5.3.9 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Extraction Method
6.1.3.2 By Application
6.1.3.3 By Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Extraction Method
6.1.4.2 By Application
6.1.4.3 By Type
6.1.5 Market Share Analysis
6.1.5.1 By Extraction Method
6.1.5.2 By Application
6.1.5.3 By Type
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Ach Food Companies Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Archer Daniels Midland Company
8.3 Beidahuang Group
8.4 Bunge Alimentos SA
8.5 Bunge Global Inc.
8.6 Carapelli Firenze S.P.A
8.7 Cargill Agricola S.A.
8.8 Cargill Investment Co. Ltd.
8.9 Chinatex Corporation
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
