Edible Oils and Fats Market
Updated Date : 10 February 2026   |   Report Code : 6034

Edible Oils and Fats Market Size, Growth, and Trends 2025 to 2035

The global edible oils and fats market size is forecasted to expand from USD 147.37 billion in 2026 to reach around USD 264.18 billion by 2035, growing at a CAGR of 6.7% during the forecast period from 2026 to 2035. This market growth is driven by rising food consumption, population growth, and expanding applications across household cooking, food processing, and foodservice sectors.

Last Updated: 10 February 2026 Category: Food & Beverages Ingredients Insight Code: 6034 Format: PDF / PPT / Excel

Edible Oils and Fats Market Size, Share, and Forecast Analysis

The global edible oils and fats market size estimated at USD 138.12 billion in 2025 and is predicted to increase from USD 147.37 billion in 2026 to reach nearly USD 264.18 billion by 2035, with a CAGR of 6.7% during the forecast period from 2026 to 2035. The growing consumption of omega-rich oils and the expansion of the fast food industry drive market growth.

Edible Oils and Fats Market Size 2025 to 2035

Key Highlights

  • By region, Asia Pacific dominated the edible oils and fats market revenue with 35% in 2025.
  • By region, Europe is growing at the fastest CAGR in the market during the forecast period.
  • By product, the edible oils segment led the market in 2025. 
  • By product, the edible fats segment is growing at the fastest CAGR in the market during the forecast period. 
  • By nature, the conventional segment led the market in 2025.
  • By nature, the organic segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By source, the natural segment led the market in 2025.
  • By source, the synthetic segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By end-use, the food & beverage segment led the market in 2025.
  • By end-use, the biofuel & energy segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By distribution channel, the offline segment led the market in 2025.
  • By distribution channel, the online segment is expected to grow at the fastest CAGR in the market during the forecast period.

Edible Oils and Fats Industry Coverage

Study Coverage Details
Growth Rate from 2026 to 2035 CAGR of 6.7%
Market Size in 2026 USD 147.37 Billion
Market Size in 2027 USD 157.25 Billion
Market Size by 2035 USD 264.18 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

What are Edible Oils and Fats?

Edible oils and fats are lipid-based substances extracted from animals or seeds for applications like baking and cooking. They are derived from animal-based and plant-based sources. They offer benefits like offering essential fatty acids, managing cholesterol level, properly absorbs nutrient, supporting brain development, lowering inflammation, and managing hunger. Edible oil functionalities are enhancing flavor and prevent sticking. They are widely used for applications like baking, dairy alternatives, frying, salad dressings, spreads, and infant nutrition.

  • Growing Fast Food Industry: The growing expansion of fast food outlets and the increased consumption of fried products like fried chicken increases demand for frying oils like soybean oil & others. 
  • Adoption of Premium Cooking Oils: The growing consumer awareness about a healthy life and the popularity of international cuisines increases demand for premium cooking oil like cold-pressed oil.
  • Shift to Plant-Based Oils: The consumer focus on unsaturated fat content and the rapid growth in flexitarian lifestyles increases the production of plant-based oils.
  • Growing Beverage Industry: The rising consumption of on-the-go beverages and the increased production of processed beverages increases demand for edible oils and fats to enhance the flavor of beverages.

Key Technological Shift in the Edible Oils and Fats Market

The edible oils and fats market is undergoing key technological shifts driven by demand for eco-friendly production, sustainability, and high extraction efficiency. The technological innovations, like advanced extraction, IoT integration, blockchain, smart manufacturing, and machine learning, monitor oil quality, lower environmental impact, and optimize production. The AI integration is a major innovation driven by demand for sustainability, product authenticity, and improved product quality. 

AI optimizes the schedules of refinery manufacturing and enhances extraction processes. AI improves nutritional profiles of oils & fats and easily verifies the purity. AI easily monitors hydrogenation methods and predicts the shelf life of products. Overall, AI is a highly efficient way for the production of edible oils and fats.

Trade Analysis of the Edible Oils and Fats Market

  • Indonesia exported $21.2B of palm oil in 2024.
  • India imported $8.27B of palm oil in 2024. 
  • Argentina exported $5.85B of soybean oil in 2024.
  • China imported $700M of soybean oil in 2024.
  • Spain exported $420M of olive oil in 2024. 
  • New Zealand exported $2.89B of butter in 2024. 
  • France imported $1.56B of butter in 2024. 
  • Indonesia exported $1.87B of margarine in 2024.

Edible Oils and Fats Market Value Chain Analysis

Raw Material Procurement

  • The stage acquires raw materials like palm fruit, rice bran, tallow, oilseeds, fatty acid distillates, palm kernel, lecithin, butter, corn germ, and coconut. 
  • Key Players: ADM, Bunge Limited, Olam Group, Wilmar International Limited, Cargill, Incorporated, Louis Dreyfus Company

Processing and Preservation

  • The processing involves methods like extraction of raw materials, degumming, neutralization, bleaching, deodorization, and modification. The preservation focuses on oxygen exclusion, temperature control, environmental control, and the use of antioxidants. 
  • Key Players: Cargill, Incorporated, Bunge Global SA, Fuji Oil Co., Ltd, Musim Mas Group, Wilmar International Ltd, ADM

Quality Testing and Certifications

  • Quality testing aims to evaluate properties like peroxide value, iodine value, unsaponifiable matter, free fatty acid, moisture content, contaminants, P-anisidine value, adulteration, saponification value, and nutritional labelling. Certifications include AGMARK, ISO 17025, FSSAI, AOCS, and IEC 17025. 
  • Key Players: Intertek, TUV SUD, Equinox Labs, SIMALab, FARE Labs Pvt. Ltd., SGS, ITC Labs

Edible Oils and Fats Market Regional Insights

Why the Asia Pacific is Dominating the Edible Oils and Fats Market?

Asia Pacific dominated the edible oils fats market in 2025. The burgeoning industrialization and the flourishing food processing base increase demand for edible oils and fats. The shift towards trans-fat-free products and the expanding animal feed sector increases the adoption of edible oils and fats. The increased dining out activities and the huge production of biofuels require edible oils and fats. The well-established palm oil manufacturing base drives the overall market growth.

Asia Pacific Edible Oils and Fats Market Size 2025 to 2035

The Asia Pacific edible oils and fats market size was calculated at USD 48.34 billion in 2025 with projections indicating a rise from USD 51.58 billion in 2026 to approximately USD 93.78 billion by 2035, expanding at a CAGR of 6.85% throughout the forecast period from 2026 to 2035.

Asia Pacific Edible Oils and Fats Market Size 2025 to 2035

Flow of Fats: China's Journey of Edible Oils and Fats 

China is a key contributor to the market. The high consumption rate of instant noodles and the well-developed foodservice sector increase demand for edible oils and fats. The flourishing packaged food industry and the changing dietary habits increase demand for edible oils and fats. The expanding hospitality industry and the increased consumption of restaurant foods require edible oil fats. The high rate of soybean imports and the increased local edible oil consumption support the market growth. 

Europe Edible Oils and Fats Market Trends

Europe is experiencing the fastest growth in the market during the forecast period. The growing expansion of the food processing industry and the consumer interest in healthy cooking increase demand for edible oils fats. The increased production of fortified oils and the expanding biofuel sector increases demand for edible oils and fats. The burgeoning catering services and the shift towards premium oil require edible oils and fats. The booming production of plant-based edible oils drives the overall market growth.

Edible Oils and Fats Market Share, By Region, 2025 (%)

Germany’s Structural Rise in Edible Oils and Fats

Germany is rapidly growing in the market. The well-established confectionery base and the strong focus on biofuel production increase demand for edible oils and fats. The strong agricultural base and the high availability of flax increase the production of edible oils and fats. The well-developed rapeseed oil production and the shift towards organic products support the overall market growth.

Edible Oils and Fats Market Segmental Insights

Product Insights

Why Edible Oils Segment Dominates the Edible Oils and Fats Market?

The edible oils segment dominated the edible oils and fats market in 2025. The growing frying activities in the food industry and the consumer shift towards restaurant foods increase demand for edible oils. The increased production of packaged food and the high consumption rate of snacks increases use of edible oils. The cost-effectiveness, high availability, versatility, and high yields of edible oils drive the market growth. 

The Edible Fats Segment is the Fastest-Growing in the Market During the Forecast Period

The flourishing bakery product developments and the shift towards higher-quality food increase demand for edible fats. The robust growth in fast-food outlets and the expansion of convenience food require edible fats. The popularity of dining out and the increased cosmetics production increases demand for edible fats. The robust growth in hotels supports the overall market growth. 

Nature Insights

How did the Conventional Segment hold the Largest Share in the Edible Oils and Fats Market?

The conventional segment held the largest revenue share in the edible oils fats market in 2025. The increased creation of processed food and the booming hospitality industry increase demand for conventional edible oils fats. The high-volume household activities and the growing deep-frying activities require conventional edible oils fats. The strong presence of food manufacturers and the burgeoning production of personal care products requires conventional edible oils fats. The affordability, functional superiority, and longer shelf life of conventional edible oils fats drive market growth.

The Organic Segment is Experiencing the Fastest Growth in the Market During the Forecast Period

The strong focus on the management of diabetes and the shift towards clean-label products increases demand for organic edible oils and fats. The adoption of sustainable farming and the increased consumption of organic food products require organic edible oils fats. The consumer focus on minimally processed oils and the rising awareness of environmental sustainability requires organic edible fats oils, supporting the overall market growth. 

Source Insights

What Made Natural Segment Dominate the Edible Oils and Fats Market?

The natural segment dominated the edible oils and fats market in 2025. The strong focus on avoiding the consumption of unhealthy trans-fats and the high preference for non-GMO products increases demand for natural edible oils and fats. The robust growth in cooking and the consumer focus on reducing the use of synthetic additives increases the adoption of natural edible oils and fats. The growing health concerns and the growing health-conscious consumer require natural edible oils fats, driving the overall market growth.

The Synthetic Segment is the Fastest-Growing in the Market During the Forecast Period

The requirement of a higher smoke point in frying applications and the increased consumption of plant-based protein increase demand for synthetic edible oils and fats. The focus on extending shelf life and the geopolitical fluctuations increases the adoption of synthetic edible oils and fats. The consistency, superior oxidative stability, and enhanced functionality of synthetic edible oils fats support the market growth. 

End-Use Insights

Which End-Use Segment held the Largest Share in the Edible Oils and Fats Market?

The food and beverages segment held the largest revenue share in the edible oils fats market in 2025. The growing sauteing activity in the food industry and the expansion of bakeries increase demand for edible oils fats. The strong focus on extending the shelf life of snacks and the rise in industrial food production increase the adoption of edible oils and fats. The expansion of the culinary industry and the high availability of ready-to-eat meals drive the overall market growth.

The Biofuel & Energy Segment is Experiencing the Fastest Growth in the Market During the Forecast Period 

Consumer shift towards clean energy and the increased popularity of renewable diesel increases demand for edible oils and fats. The increased popularity of biodiesel and the consumption of energy increases demand for edible oils fats. The push for renewable energy supports the overall market growth. 

Distribution Insights

Why the Offline Segment is Dominating the Edible Oils and Fats Market?

The offline segment dominated the edible oils and fats market in 2025. The growing routine purchasing and consumer trust on retail ecosystem increases buying offline. The opportunity for direct interaction and quick access to products increases buying offline. The supermarket variety, physical inspection, reliable access, and cultural preference for offline distribution drive the market growth. 

The Online Segment is the Fastest-Growing in the Market During the Forecast Period

The increased purchasing of specialty products and the growth in digital infrastructure increase demand for online buying. The convenience, better pricing, home delivery, digital payments, and high efficiency of online distribution support the overall market growth. 

Recent Developments in the Edible Oils and Fats Market

GS Caltex and POSCO

  • In November 2025, GS Caltex and POSCO launched a mega palm oil refinery in Indonesia. The refining capacity of the facility is 500000 tons annually, and the facility supports the Green Transformation strategy. The facility converts crude palm oil into edible oils and biodiesel feedstock. (Source: ICN Indian Chemical nNews)

Lifecycle Oils

  • In July 2025, Lifecycle Oils launched its first own-brand edible oils range. The range consists of products like sustainable palm oil, vegetable oil, and rapeseed oil. The edible oils are suitable for chain restaurants, independent takeaways, high-street eateries, and chip & fish shops. (Source: FRY magazine.com)

Marico

  • In June 2025, Marico expanded its edible oil portfolio with cold-pressed under its brand Saffola. The cold-pressed oils range includes dual-seed and single-seed oils. The single seed oils range includes mustard oils, groundnut oils, and sesame oils. (Source: Indian Retailer.com)

Top Companies in the Edible Oils and Fats Market

  • ADM: The leading food ingredients company provides specialty fats, refined oils, and partially or fully hydrogenated oils for food applications like frying, bakery, and confectionery. 
  • Cargill, Incorporated: The Minnesota-based company processes and sources oilseeds like sunflower, soybean, and rapeseed to serve applications like bakery, quick-service restaurants, confectionery, and snack foods.
  • Bunge Limited: The St. Louis-based largest oilseed processor company produces margarine shortenings, specialized fats, bottled vegetable oils, and mayonnaise to support various food-based applications.
  • Adani Wilmar Ltd: The Indian company produces a diverse range of edible oils like sunflower, rice bran, soyabean, palm oil, and mustard for commercial use. 
  • Aceites Borges Pont S.A.: The Spain-based company manufactures nuts, vinegars, olive oils, and dried fruits for the production of processed food and bakery products. 

Other Companies

Segments Covered in the Report

By Product 

  • Edible Oil
    • Soyabean Oil
    • Sunflower Oil
    • Olive Oil
    • Coconut Oil
    • Palm Oil
      • CPO
      • RBD Palm Oil
      • Palm Kernel Oil
      • Fractionated Palm Oil
  • Others
  • Edible Fats
    • Cocoa Butter Replacer
    • Cocoa Butter Substitute
    • Filling Fats
    • Milk-Fat Replacers
    • Spread Fat
    • Frying Fats
    • Margarine
    • Shortenings
    • Butter
    • Others

By Nature

  • Organic
    • Edible Oil
      • Soyabean Oil
      • Sunflower Oil
      • Olive Oil
      • Coconut Oil
      • Palm Oil
        • CPO
        • RBD Palm Oil
        • Palm Kernel Oil
        • Fractionated Palm Oil
        • Edible Fats
      • Others
    • Edible Fats
      • Cocoa Butter Replacer
      • Cocoa Butter Substitute
      • Filling Fats
      • Milk-Fat Replacers
      • Spread Fat
      • Frying Fats
      • Margari
      • Shortenings
      • Butter
      • Others
  • Conventional
    • Edible Oil
      • Soyabean Oil
      • Sunflower Oil
      • Olive Oil
      • Coconut Oil
      • Palm Oil
        • CPO
        • RBD Palm Oil
        • Palm Kernel Oil
        • Fractionated Palm Oil
        • Edible Fats
      • Others
    • Edible Fats
      • Cocoa Butter Replacer
      • Cocoa Butter Substitute
      • Filling Fats
      • Milk-Fat Replacers
      • Spread Fat
      • Frying Fats
      • Margari
      • Shortenings
      • Butter
      • Others

By Source

  • Natural
  • Synthetic

By End-Use

  • Food & Beverage
  • Personal Care & Cosmetics
  • Biofuel & Energy
  • Pharmaceuticals
  • Others

By Distribution

  • Online
  • Offline

By Region 

  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Latin America

FAQ's

Answer : The market was valued at USD 138.12 billion in 2025 and is projected to reach USD 264.18 billion by 2035, growing at a steady CAGR of 6.7%.

Answer : Asia Pacific dominates due to scale and palm oil production, while Europe offers the fastest growth, driven by premium oils, biofuels, and strong sustainability-focused food processing demand.

Answer : Edible oils lead in volume and revenue, while edible fats are growing fastest, supported by bakery expansion, fast food growth, confectionery demand, and increasing industrial food applications.

Answer : The market offers stable, long-term returns driven by food security demand, biofuel growth, premiumization, and technological efficiency, making it attractive for strategic and infrastructure-focused investors.
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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

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