Edible Oil Market
Updated Date : 24 December 2025   |   Report Code : 5594

Edible Oil Market Size, Growth, and Trends 2025 to 2035

The global edible oil market size is projected to witness strong growth from USD 235.22 billion in 2026 to reach around USD 380.85 billion by 2035, reflecting a CAGR of 5.5% over the forecast period from 2026 to 2035. This market growth driven by rising consumption in households, foodservice, and packaged foods. Demand for healthier oils like olive, sunflower, and canola is surging amid growing health awareness. 

Last Updated: 24 December 2025 Category: B2C Food & Beverages Products Insight Code: 5594 Format: PDF / PPT / Excel

Edible Oil Market Size 2025 to 2035

The global edible oil market size reached at USD 222.96 billion in 2025 and is expected to grow steadily from USD 235.22 billion in 2026 to reach nearly USD 380.85 billion by 2035, with a CAGR of 5.5% during the forecast period from 2026 to 2035. The global edible oil market is attributed to the increasing changing dietary patterns across the globe.

Edible Oil Market Size 2025 to 2035

Key Highlights

  • By region, Asia Pacific dominated the edible oil market with largest share of 43% in 2025, due to the combination of huge population and cultural diversity. 
  • By region, North America is expected to grow fastest during the forecast period, which is driven by the increasing demand for nutritional edible oil. 
  • By nature, the conventional segment dominated the market share in 2025, due to increasing changing lifestyles. 
  • By nature, the organic segment is expected to grow fastest during the forecast period, due to the increasing preference towards sustainability. 
  • By product, the soybean oil segment dominated the market share in 2025, due to the increasing consumption of cooking oil.
  • By product, the olive oil segment is expected to grow fastest during the forecast period, which is driven by increasing consumer preference towards vegan diets. 
  • By distribution channel, the business-to-consumer (B2C) segment dominated the edible oil market growth in 2025, due to the e-commerce expansion. 
  • By distribution channel, the business-to-business (B2B) segment is expected to grow fastest during the forecast period, due to the rising digital advances. 
  • By end-use, the food service segment dominated the market share in 2025, due to the growing food and beverage industry. 
  • By end-use, the industrial segment is expected to grow fastest during the forecast period, due to the increasing use of edible oil for industrial purposes.

Edible Oil Industry Coverage

Study Coverage Details
Growth Rate from 2026 to 2035 CAGR of 5.5%
Market Size in 2026 USD 235.22 Billion
Market Size in 2027 USD 248.16 Billion
Market Size by 2035 USD 380.85 Billion
Largest Market Asia Pacific
Base Year 2025
Forecast Period 2026 to 2035
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

The edible oil market deals with cooking oil that is gained from the fat of microorganisms, plants, and animals. They have various uses such as personal care industries, cosmetics, bakery, cooking, salad dressings, and frying. The food and beverage sector has been using edible oils in several forms for various applications. Edible oils are widely used in home cooking and industrial food manufacturing. They are primary source of vitamin E and unsaturated fats in human diets and are beneficial for human consumption. They are hygienic and healthy due to their nutritional elements. The global market for edible oil is experiencing rapid growth due to factors such as the increasing consumer preference for the selection of edible oil, changing consumer eating habits, and rising innovations in nutritive products.

One of the significant drivers propelling the edible oil market growth is increasing awareness of the advantages of edible oil. The major causes of morbidity and mortality are cardiovascular diseases across the globe. Due to various environmental factors including sedentary lifestyles and dietary habits and various gene interactions, these diseases occur. The increasing quality of edible oils is commonly related to the pathogenesis of cardiovascular diseases. In regular food intake, edible oil is the major dietary component. In addition, there are also various benefits of edible oil such as reducing the risk of heart disease, reduce the risk of breast cancer, help to enhance the immune system, helps in improving metabolism, helps to improve cell growth, reducing depression and anxiety, reducing stomach ulcers, and improving digestion and others, which further expected to drive the growth of the market.

  • Increasing demand for non-GMO ingredients: The increased demand for non-GMO ingredients serves the increasing demand for preservative-free, clean-labeled, and organic food, which contributed to accelerating the market demand. 
  • Increasing R&D activities: The rising investments in research and development activities in developing and developed countries, create significant growth opportunities for the edible oil market players, drive market growth.  
  • Increasing health awareness: Due to health awareness, the demand for edible oil increases, which contains low-fat content, calories, and cholesterol, which is further expected to accelerate the market demand during the forecast period.

Market Opportunity

Innovation and Technological Advancements

The rising technological advancements have been fueled by motives of energy and cost efficiency. To reduce the amount of waste generated by the process, various market players have shifted towards physical refining. The rising advances in technology, such as biotechnology and genetic modification are expected to shape the future of edible oil. These innovations can lead to the creation of new types of oils and more efficient methods of production with unique health benefits and properties.

In addition, there is also increasing demand for sustainably sourced edible oil raw materials with the increasing government regulations and consumer awareness on human rights issues and environmental protection. By implementing more ethical and transparent supply chains, this trend is expected to continue in the future, which is expected to revolutionize the edible oil market growth in the coming future.

Market Challenge

Fluctuation in Raw Material Costs 

The volatility of raw material prices is the major challenge that may restrain market growth. The high cost of agricultural products, seeds, and crude oil can affect political tensions and weather conditions. The volatility of raw material costs can hamper market demand and strain budgets. In addition, rising regulatory policies in the edible oil are further expected to restrain the growth of the edible oil market.  

Trade Analysis in Edible Oil Market

  • India: India exported 1066 shipments of edible Oils, according to India Export data. These exports were handled by 109 Indian exporters to 204 buyers. Most of the edible Oils exports from India destined to the Singapore, Bhutan and United States.
  • Japan: Japan exported 96 shipments of Food Oil, according to Japan Export data. These exports were handled by 35 Japan exporters to 32 buyers. Most of the Food Oil exports from Japan go to the Singapore, United States and Vietnam.

Value Chain Analysis of Edible Oil Market

Raw Material Procurement

  • In the edible oil industry, the raw material procurement deals with strategic procedure of purchasing, evaluating, processing, sourcing and packaging of clean-label and plant-based options from the various natural, plant-based, natural and clean-label foods.

Packaging and Branding

  • Branding and Packaging for global edible oil market focuses on creating packaging which may ensures remain stable, safe and fresh by protecting them from contamination, light and moisture.

Waste Management and Recycling

  • The waste management and recycling of the edible oil market focus on sustainable feedstocks such as biodiesel, fuel prices and environmental regulations, with major growth expected for high-value chemicals, bio lubricants and biofuels.

Edible Oil Market Regional Insights 

Asia Pacific Dominated the Edible Oil Market in 2025 

The Asia Pacific edible oil market size reached at USD 95.87 billion in 2025 and is expected to grow steadily from USD 101.14 billion in 2026 to reach nearly USD 163.77 billion by 2035, with a CAGR of 5.5% during the forecast period from 2026 to 2035.

Asia Pacific Edible Oil Market Size 2025 to 2035

The market growth in the region is attributed to the increasing demand for various types of edible oils, increasing consumer preference towards tastes, growing population, and a combination of cultural diversity. China, India, Japan, and South Korea are dominating countries driving the market growth. These countries are major hubs for the export, import, and production of edible oil. Due to the varied rich cuisines in the region, mustard, and soybean oils are consumed rapidly.  

Is India Dominated in the Edible Oil Market Growth? 

India dominated the market share in 2024 due to factors such as increasing consumption of various types of edible oils and increasing awareness of health and wellness. In the last two years, India’s per capita edible oil consumption has nearly tripled. According to a report by Mint, deepening public health concerns related to non-communicable diseases and obesity relieve the country’s dominance. Almost every consumer consumes 24 kg of edible oil in India every year. India is significantly based on imports. 

  • For instance, India produces just 11 million tones locally and consumes about 25–26 million tons of edible oil every year, according to the Solvent Extractors’ Association of India (SEA). (Source: Business-Standard)
  • In October 2024, Prime Minister Shri Narendra Modi approved Oilseeds, the National Mission on Edible Oils. The aim behind this mission was to achieve self-reliance (Atmanirbhar Bharat) and boost domestic oilseed production in edible oils. (Source: Pib)

North America is Expected to Grow Fastest During the Forecast Period

The market growth in the region is attributed to the increasing biofuel sector, increasing growth in convenience and processed food, growing adoption of vegan and plant-based diets, increase in organic and functional oils and increasing consumer preference towards healthier dietary choices. The U.S. and Canada are the fastest growing countries driving the market growth.  

The U.S. Edible Oil Market Trends 

The U.S. dominated the market share in 2024, which is driven by the increasing supportive government policies and regulations and rising technological advancements in oil processing. Soybean oil is commonly used for cooking food in the U.S. Due to its well-utilized and cultivated plant, this oil is extensively used in the U.S. Popular U.S. dishes such as Chicken nuggets and French fries can be indulged in the food. Soybean oil is the first choice of the general food industry in the U.S., due to its good blending ability, which may accelerate the market demand in the U.S. 

  • For Instance, U.S. soybean oil exports in 2024 - 522.75 millions of export value, total volume is 457,516 MT, 3-year average is 592.14 million in the United States. (Source: fas.usda)

Europe is expected to grow at a notable rate during the forecast period. The Edible oil industry in Europe is growing significantly, driven by major demand for organic and plant-based oils, innovation in blends, increasing sustainability trends and rise of health trends plant-based, strong biofuel and food processing sectors, popularity of specialty oils such as sesame and premium oils such as sunflower, rapeseed and olive. 

Germany Edible Oil Market Trends

Edible oil market in Germany is a growing and large market, driven by the increasing focus on healthy fats boost demand for oils, demand for organic, cold-pressed and plant-based oils, rising veganism or vegetarianism, increasing health awareness, demand for avocado, rapeseed, oils and increasing demand for plant-based diets. Various major players are focusing on strategic acquisitions, product diversification, sustainability and edible oils, further driven by consumer demand for innovations in cooking applications.
  
Why is the Middle East and Africa Driving the Edible Oil Market?

The market growth in the Middle East and Africa is driven by factors such as the increasing demand for plant-based options such as sunflower and palm oils, increasing health awareness, increasing disposable incomes, demand for healthier oils, growing rapid population, and growing multi-billion. With strong domestic consumption, major players such as Bunge, Cargill, and ADM navigate a dynamic landscape.

South Africa Edible Oil Market Trends

The edible oil market in South Africa is driven by increasing industrial use such as baking and snacks, string local production of soya and sunflower, demand for healthy options such as avocado, canola and sunflower and rise of e-commerce, with major players such as IFFCO and Willowton Group integrating local branding, refining and crushing. 

How is Latin America Fueling the Edible Oil Market?

The Latin America edible oil industry is a growing market, driven by increasing biofuel demand, food processing growth and healthy eating trends, with palm and soybean oil in Colombia and Brazil with major players such as Wilmar, ADM and Cargill, while traditional sustainability and retail channels is the major focus, especially for palm oil with the major global player.

Brazil Edible Oil Market Trends

The edible oil industry in Brazil is growing, driven by increasing health awareness, increasing popularity of diverse local cuisine and demand for diverse cooking oils, with various major players. The market is also driven by shifts toward healthy options such as corn, olive, palm plant-based and healthier foods and massive olive oil production, further expected to drive the market growth.

Edible Oil Market Segmental Insights

Product Insights

The Soybean Segment Dominated the Edible Oil Market in 2025 

The segment growth in the market is attributed to the various benefits such as reduced signs of premature aging, antioxidant activity, promoting hair growth, and healthy bones, improving skin health, enhancing the immune system, and maintaining cholesterol levels. Soybean oil can significantly reduce the risk of developing cardiovascular diseases such as strokes and heart attacks. It neutralizes unfavorable cholesterol levels. It helps in maintaining a healthy immune system which enables individuals' bodies to fight immunological-related diseases and illnesses. Omega-3 and vitamin E in soybean oil can enhance hair health, which further drives the segment growth.

The Olive Oil Segment is Expected to Grow Fastest During the Forecast Period

Olive oil is commonly utilized in foods and food products. Olive oil acts as a medicine. People commonly use olive oil because it helps to prevent high blood pressure, diabetes and heart disease. Olive oil helps protect against cancer, reduce risk of heart disease and decreases inflammation.  

  • For instance, In November 2024, a leading company in distribution, Atlante launched Vitto-branded products in the Swiss market. The aim behind the launch was to maintain the high quality of the products. (Source: Atlante

Nature Insights

The Conventional Segment Dominated the Edible Oil Market in 2025

The segment growth in the market is driven by factors such as rising technological advancements in oil processing, increasing consumer preference towards nutritional and health awareness and increasing changing lifestyles. Conventional edible oils include corn oils, canola oils and soybean are used for various applications such as frying, cooking, baking, and nutraceuticals needs.

The Organic Oils Segment is Expected to Grow Fastest During the Forecast Period

The segment growth in the edible oil market is driven by the growing e-commerce platform, increasing adoption of plant-based diets, increasing government regulatory support and rising environmental sustainability. Organic edible oil is pest-free and chemical free and contains more nutrients. Choosing organic oils can support farming practices that enhance soils, conserve water, and reduce pollution, which is expected to drive segment growth.

Distribution Channel Insights

The Business to Consumer (B2C) Segment Dominated the Edible Oil Market in 2025

The segment growth in the market is driven by growing e-commerce industry, growing premiumization, and increasing health awareness. In addition, evolving shopping experiences and rising digital advances are further expected to enhance segment growth. Various companies equip with innovative strategies focused on the 4Ps such as promotion, place, price, and product. Product strategies include providing several types and volumes.

The Business to Business (B2B) Segment is Expected to Grow Fastest During the Forecast Period

The leading B2B listing directory provides a wide range of ghee and edible oils. They offer a variety of products, such as ghee and edible oils, and serve various food and cooking needs. To meet consumer requirements and needs, B2B companies help buyers find the right edible oil products, which are expected to drive the segment growth.

End-Use Insights

The Food Service Segment Dominated the Edible Oil Market in 2025

With a range of products and services for the market, innovative solutions are serving the needs of edible oil and food which is designed to guarantee high-quality end products. The high-quality oils are obtained from edible oil purification which is essential to focus the complexities of the market, so consumers can focus on delivering healthy and delicious food products, which further drives the demand for food services.

The Industrial Segment is Expected to grow Fastest During the Forecast Period

Industrial edible oil offers high-quality refined oils that serve several industrial and consumer needs. Industries committed to delivering superior quality products that ensure long shelf life, promote good health, and enhance taste, with a wide range of refined oils, which are further expected to drive market growth.

Recent Developments in the Edible Oil Market

Union agriculture ministry

  • Launch: In January 2025, the first survey for edible oil consumption patterns was launched by the Union agriculture ministry. A senior government official said that the aim behind this launch was to implement the new Mission on Edible Oils-Oilseeds (NMEO-Oilseeds) effectively. (Source: TheHindu) 

KRBL

  • Launch: In January 2025, a new range of edible oils was launched by KRBL. As the company expanded its product portfolio, this launch marked a major step. The aim behind this launch was to cater to a broader consumer base. (Source: ZeeBiz)

Edible Oil Market Leading Companies

Edible Oil Market Companies

Segments Covered in the Report 

By Nature 

  • Organic 
  • Conventional

By Product 

  • Palm Oil
  • Soybean Oil
  • Sunflower Oil
  • Olive Oil
  • Corn Oil
  • Rapeseed Oil
  • Others

By Distribution Channel 

  • B2B
  • B2C

By End-use 

  • Household Retail
  • Industrial 
  • Food Service

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

Answer : The global edible oil market is projected to grow from USD 235.22 billion in 2026 to approximately USD 380.85 billion by 2035, registering a strong CAGR of 5.5%, signaling a robust long-term investment opportunity.

Answer : Asia Pacific dominated the edible oil market in 2025, driven by its large population, diverse culinary practices, and high consumption levels.

Answer : Advancements in biotechnology, genetic modification, and physical refining are improving production efficiency, while sustainable sourcing and ethical supply chains are reshaping how oil is produced and marketed.

Answer : Consumers are shifting toward non-GMO, organic, and clean-label oils. There growing demand for oils with health benefits like reduced cholesterol and support for heart, digestive, and immune health.

Answer : Rising demand for organic oils, growth in food service and industrial applications, and digital expansion in B2C and B2B channels offer strong investment potential across developing and developed markets.

Answer : Volatile raw material prices, geopolitical tensions, changing regulatory landscapes, and weather-dependent agriculture pose risks to consistent supply and pricing, potentially straining margins.

Answer : Soybean oil dominates due to its versatility and health benefits, while olive oil is growing rapidly thanks to its appeal in vegan, functional, and Mediterranean-style diets.

Answer : Industrial applications are expanding rapidly due to the oils’ suitability in pharmaceuticals, cosmetics, lubricants, and biofuels, with high-quality refining and long shelf life being key factors.