Industry: Food & Beverages
Published Date: 2025-04-13
Pages: 91 Pages
Report ld: 4340630
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Cooking Oil Market Size(US$)

CAGR 2025-2031
4.2%
Market Size,2031
USD 290,060
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Cooking Oil was valued at US$ 218360 million in the year 2024 and is projected to reach a revised size of US$ 290060 million by 2031, growing at a CAGR of 4.2% during the forecast period.
Cooking oil refers to oils or fats that are used in the preparation and cooking of food, such as frying, sautéing, baking, and grilling. It is typically derived from plant sources like soybean, corn, sunflower, olive, and canola, or animal sources like lard and butter. Plant-based oils dominate the global market due to their health benefits, particularly those rich in unsaturated fats, which are considered healthier for the cardiovascular system. Cooking oils not only enhance the flavor and texture of food but also play a crucial role in cooking techniques by providing heat transfer during preparation. Over the years, cooking oils have diversified into various types, including organic, non-GMO, cold-pressed, and specialty oils to cater to the increasing demand for healthier options.
The cooking oil market is one of the most essential segments of the global food industry, driven by changing consumer preferences, growing health consciousness, and increased urbanization. Traditionally, vegetable oils such as soybean, sunflower, and palm oil have dominated the market due to their affordability and versatility in cooking. However, there has been a noticeable shift towards healthier alternatives like olive oil, avocado oil, and coconut oil, which are perceived to offer various health benefits, such as lower cholesterol and improved cardiovascular health. This trend is especially noticeable in developed markets, where consumers are increasingly focused on nutrition and sustainable food sources.
Additionally, the rise in global population and the growing middle class in emerging markets, particularly in Asia and Africa, have significantly expanded the demand for cooking oils. As these regions continue to urbanize and adopt more Western-style diets, the consumption of cooking oil has surged, further fueling market growth. The demand for specialty oils, including organic, non-GMO, and cold-pressed oils, is also increasing due to growing concerns over food quality, health, and environmental impact. Consequently, the market is seeing continuous innovation with the introduction of premium products designed to cater to a more health-conscious and eco-aware consumer base.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Cooking Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cooking Oil.
The Cooking Oil market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Cooking Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cooking Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Cargill
ACH Foods Company Inc
Bunge
Archer Daniels Midland Company
ConAgra Foods Inc
CHS Inc
Chinatex Corporation
Richardson Oilseed Ltd
J-Oil Mills Inc
Carapelli Firenze S.P.A
Fuji Oil Company
COFCO
Luhua
Yihai Kerry
Segment by Type
Vegetable Oil
Animal Fat
Segment by Application
Commercial Use
Household Use
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
UAE
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Cooking Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Cooking Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Cooking Oil Market Overview
1.1 Product Definition
1.2 Cooking Oil by Type
1.2.1 Global Cooking Oil Market Value Comparison by Type (2024 VS 2031)
1.2.2 Vegetable Oil
1.2.3 Animal Fat
1.3 Cooking Oil by Application
1.3.1 Global Cooking Oil Market Value by Application (2024 VS 2031)
1.3.2 Commercial Use
1.3.3 Household Use
1.4 Global Cooking Oil Market Size Estimates and Forecasts
1.4.1 Global Cooking Oil Revenue 2020-2031
1.4.2 Global Cooking Oil Sales 2020-2031
1.4.3 Global Cooking Oil Market Average Price (2020-2031)
1.5 Assumptions and Limitations
2 Cooking Oil Market Competition by Manufacturers
2.1 Global Cooking Oil Sales Market Share by Manufacturers (2020-2025)
2.2 Global Cooking Oil Revenue Market Share by Manufacturers (2020-2025)
2.3 Global Cooking Oil Average Price by Manufacturers (2020-2025)
2.4 Global Key Players of Cooking Oil, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Cooking Oil, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Cooking Oil, Product Type & Application
2.7 Global Key Manufacturers of Cooking Oil, Date of Enter into This Industry
2.8 Global Cooking Oil Market Competitive Situation and Trends
2.8.1 Global Cooking Oil Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Cooking Oil Players Market Share by Revenue
2.8.3 Global Cooking Oil Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Cooking Oil Market Scenario by Region
3.1 Global Cooking Oil Market Size by Region: 2020 Versus 2024 Versus 2031
3.2 Global Cooking Oil Sales by Region: 2020-2031
3.2.1 Global Cooking Oil Sales by Region: 2020-2025
3.2.2 Global Cooking Oil Sales by Region: 2026-2031
3.3 Global Cooking Oil Revenue by Region: 2020-2031
3.3.1 Global Cooking Oil Revenue by Region: 2020-2025
3.3.2 Global Cooking Oil Revenue by Region: 2026-2031
3.4 North America Cooking Oil Market Facts & Figures by Country
3.4.1 North America Cooking Oil Market Size by Country: 2020 VS 2024 VS 2031
3.4.2 North America Cooking Oil Sales by Country (2020-2031)
3.4.3 North America Cooking Oil Revenue by Country (2020-2031)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Cooking Oil Market Facts & Figures by Country
3.5.1 Europe Cooking Oil Market Size by Country: 2020 VS 2024 VS 2031
3.5.2 Europe Cooking Oil Sales by Country (2020-2031)
3.5.3 Europe Cooking Oil Revenue by Country (2020-2031)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Cooking Oil Market Facts & Figures by Region
3.6.1 Asia Pacific Cooking Oil Market Size by Region: 2020 VS 2024 VS 2031
3.6.2 Asia Pacific Cooking Oil Sales by Region (2020-2031)
3.6.3 Asia Pacific Cooking Oil Revenue by Region (2020-2031)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Cooking Oil Market Facts & Figures by Country
3.7.1 Latin America Cooking Oil Market Size by Country: 2020 VS 2024 VS 2031
3.7.2 Latin America Cooking Oil Sales by Country (2020-2031)
3.7.3 Latin America Cooking Oil Revenue by Country (2020-2031)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Cooking Oil Market Facts & Figures by Country
3.8.1 Middle East and Africa Cooking Oil Market Size by Country: 2020 VS 2024 VS 2031
3.8.2 Middle East and Africa Cooking Oil Sales by Country (2020-2031)
3.8.3 Middle East and Africa Cooking Oil Revenue by Country (2020-2031)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Cooking Oil Sales by Type (2020-2031)
4.1.1 Global Cooking Oil Sales by Type (2020-2025)
4.1.2 Global Cooking Oil Sales by Type (2026-2031)
4.1.3 Global Cooking Oil Sales Market Share by Type (2020-2031)
4.2 Global Cooking Oil Revenue by Type (2020-2031)
4.2.1 Global Cooking Oil Revenue by Type (2020-2025)
4.2.2 Global Cooking Oil Revenue by Type (2026-2031)
4.2.3 Global Cooking Oil Revenue Market Share by Type (2020-2031)
4.3 Global Cooking Oil Price by Type (2020-2031)
5 Segment by Application
5.1 Global Cooking Oil Sales by Application (2020-2031)
5.1.1 Global Cooking Oil Sales by Application (2020-2025)
5.1.2 Global Cooking Oil Sales by Application (2026-2031)
5.1.3 Global Cooking Oil Sales Market Share by Application (2020-2031)
5.2 Global Cooking Oil Revenue by Application (2020-2031)
5.2.1 Global Cooking Oil Revenue by Application (2020-2025)
5.2.2 Global Cooking Oil Revenue by Application (2026-2031)
5.2.3 Global Cooking Oil Revenue Market Share by Application (2020-2031)
5.3 Global Cooking Oil Price by Application (2020-2031)
6 Key Companies Profiled
6.1 Cargill
6.1.1 Cargill Company Information
6.1.2 Cargill Description and Business Overview
6.1.3 Cargill Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Cargill Cooking Oil Product Portfolio
6.1.5 Cargill Recent Developments/Updates
6.2 ACH Foods Company Inc
6.2.1 ACH Foods Company Inc Company Information
6.2.2 ACH Foods Company Inc Description and Business Overview
6.2.3 ACH Foods Company Inc Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.2.4 ACH Foods Company Inc Cooking Oil Product Portfolio
6.2.5 ACH Foods Company Inc Recent Developments/Updates
6.3 Bunge
6.3.1 Bunge Company Information
6.3.2 Bunge Description and Business Overview
6.3.3 Bunge Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Bunge Cooking Oil Product Portfolio
6.3.5 Bunge Recent Developments/Updates
6.4 Archer Daniels Midland Company
6.4.1 Archer Daniels Midland Company Company Information
6.4.2 Archer Daniels Midland Company Description and Business Overview
6.4.3 Archer Daniels Midland Company Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Archer Daniels Midland Company Cooking Oil Product Portfolio
6.4.5 Archer Daniels Midland Company Recent Developments/Updates
6.5 ConAgra Foods Inc
6.5.1 ConAgra Foods Inc Company Information
6.5.2 ConAgra Foods Inc Description and Business Overview
6.5.3 ConAgra Foods Inc Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.5.4 ConAgra Foods Inc Cooking Oil Product Portfolio
6.5.5 ConAgra Foods Inc Recent Developments/Updates
6.6 CHS Inc
6.6.1 CHS Inc Company Information
6.6.2 CHS Inc Description and Business Overview
6.6.3 CHS Inc Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.6.4 CHS Inc Cooking Oil Product Portfolio
6.6.5 CHS Inc Recent Developments/Updates
6.7 Chinatex Corporation
6.7.1 Chinatex Corporation Company Information
6.7.2 Chinatex Corporation Description and Business Overview
6.7.3 Chinatex Corporation Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Chinatex Corporation Cooking Oil Product Portfolio
6.7.5 Chinatex Corporation Recent Developments/Updates
6.8 Richardson Oilseed Ltd
6.8.1 Richardson Oilseed Ltd Company Information
6.8.2 Richardson Oilseed Ltd Description and Business Overview
6.8.3 Richardson Oilseed Ltd Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Richardson Oilseed Ltd Cooking Oil Product Portfolio
6.8.5 Richardson Oilseed Ltd Recent Developments/Updates
6.9 J-Oil Mills Inc
6.9.1 J-Oil Mills Inc Company Information
6.9.2 J-Oil Mills Inc Description and Business Overview
6.9.3 J-Oil Mills Inc Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.9.4 J-Oil Mills Inc Cooking Oil Product Portfolio
6.9.5 J-Oil Mills Inc Recent Developments/Updates
6.10 Carapelli Firenze S.P.A
6.10.1 Carapelli Firenze S.P.A Company Information
6.10.2 Carapelli Firenze S.P.A Description and Business Overview
6.10.3 Carapelli Firenze S.P.A Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Carapelli Firenze S.P.A Cooking Oil Product Portfolio
6.10.5 Carapelli Firenze S.P.A Recent Developments/Updates
6.11 Fuji Oil Company
6.11.1 Fuji Oil Company Company Information
6.11.2 Fuji Oil Company Description and Business Overview
6.11.3 Fuji Oil Company Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Fuji Oil Company Cooking Oil Product Portfolio
6.11.5 Fuji Oil Company Recent Developments/Updates
6.12 COFCO
6.12.1 COFCO Company Information
6.12.2 COFCO Description and Business Overview
6.12.3 COFCO Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.12.4 COFCO Cooking Oil Product Portfolio
6.12.5 COFCO Recent Developments/Updates
6.13 Luhua
6.13.1 Luhua Company Information
6.13.2 Luhua Description and Business Overview
6.13.3 Luhua Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.13.4 Luhua Cooking Oil Product Portfolio
6.13.5 Luhua Recent Developments/Updates
6.14 Yihai Kerry
6.14.1 Yihai Kerry Company Information
6.14.2 Yihai Kerry Description and Business Overview
6.14.3 Yihai Kerry Cooking Oil Sales, Revenue and Gross Margin (2020-2025)
6.14.4 Yihai Kerry Cooking Oil Product Portfolio
6.14.5 Yihai Kerry Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Cooking Oil Industry Chain Analysis
7.2 Cooking Oil Raw Material Supply Analysis
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Cooking Oil Production Mode & Process Analysis
7.4 Cooking Oil Sales and Marketing
7.4.1 Cooking Oil Sales Channels
7.4.2 Cooking Oil Distributors
7.5 Cooking Oil Customer Analysis
8 Cooking Oil Market Dynamics
8.1 Cooking Oil Industry Trends
8.2 Cooking Oil Market Drivers
8.3 Cooking Oil Market Challenges
8.4 Cooking Oil Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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TABLE OF CONTENTS
TABLE OF FIGURES
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