Cooking Oil Market Share, Analysis, Report outlook to 2023

According to the Planet Market Reports, the global cooking oil market was valued at around USD 86.70 billion in 2017 and is expected to reach approximately USD 140.50 billion by 2023, growing at a CAGR of around 6.0% between 2018 and 2023.

January 2019 | Food and Beverages


Cooking oil consists of edible vegetable oils derived from olives, peanuts, and safflowers, to name just a few of the many plants that are used. Liquid at room temperature, cooking oils are sometimes added during the preparation of processed foods. They are also used to fry foods and to make salad dressing.




Oils are fats that are liquid at room temperature, like the vegetable oils used in cooking.



Oils come from many different plants and from fish. Oils are NOT a food group, but they provide essential nutrients. Therefore, oils are included in food patterns.



Somecommonly eaten oilsinclude: canola oil, corn oil, cottonseed oil, olive oil, safflower oil, soybean oil, and sunflower oil. Some oils are used mainly asflavorings, such as walnut oil and sesame oil. A number of foods are naturally high in oils, like nuts, olives, some fish, and avocados.



Cooking oil is plant, animal, or synthetic fat used in frying, baking, and other types of cooking. It is also used in food preparation and flavoring not involving heat, such as salad dressings and bread dips, and in this sense might be more accurately termed edible oil.



Cooking oil is typically a liquid at room temperature, although some oils that contain saturated fat, such as coconut oil, palm oil and palm kernel oil are solid.



There is a wide variety of cooking oils from plant sources such as olive oil, palm oil, soybean oil, canola oil rapeseed oil, corn oil, peanut oil and other vegetable oils, as well as animal-based oils like butter and lard.



Over the next five years, Planet Market Reports projects that Cooking Oil will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.



In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Cooking Oil market for 2018-2023.



This report presents a comprehensive overview, market shares, and growth opportunities of Cooking Oil market by product type, application, key manufacturers and key regions.





To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:



Segmentation by product type:



Rapeseed canola oil

Sunflower oil

Palm kernel oil

Soybean oil

Minor vegetable oil

Palm oil



Segmentation by application:



Biodiesel

Industrial

Food



This report also splits the market by region:



Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries



Get More Information about this Report @https://www.planetmarketreports.com/reports/global-cooking-oil-market-2928



The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:



Cargill Agricola S.A

ACH Foods Company Inc

Bunge North America Inc

Archer Daniels Midland Company

ConAgra Foods Inc

CHS Inc

Chinatex Corporation

Richardson Oilseed Ltd

J-Oil Mills Inc

Carapelli Firenze S.P.A



In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.



Research objectives



To study and analyze the global Cooking Oil consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Cooking Oil market by identifying its various sub segments.

Focuses on the key global Cooking Oil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Cooking Oil with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.

To project the consumption of Cooking Oil submarkets, with respect to key regions along with their respective key countries.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.