North America Edible Oils Market was valued at USD 8,104.55 million in 2021 and is expected to reach USD 13615.83 million by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029.
Market Analysis and Size
- Edible oil has made a significant place in the food and beverage sector worldwide. It is being consumed every day by millions of people in restaurants, cafeterias, and hotels, among others.
- Manufacturers are working on developing these oils to offer healthier options to consumers.
- North America Edible Oils Market was valued at USD 8,104.55 million in 2021 and is expected to reach USD 13615.83 million by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029.
- Domestics accounts for the largest end-user segment owing to the high consumption for household purposes.
- In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis, and consumer behavior.
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Market Definition
Edible oil is a liquid extracted from plants, vegetables, and seeds. These types of oils possess fatty acids, anti-antioxidants, and phospholipids, among others. Edible oil is widely consumed by humans and the food processing industry. This oil is known to have low fats, calories, and cholesterol.
North America Edible Oil Market Scope and Market Size
The edible oil market is segmented on the basis of type, package type, distribution channel and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Type
- Palm Oil
- Soybean Oil
- Rapeseed Oil
- Sunflower Oil
- Peanut Oil
- Specialty Blended Oil
- Olive Oil
- Corn Oil
- Flaxseed Oil
- Avocado Oil
- Walnut Oil
- Pumpkin Seed Oil
- Grapeseed Oil
- Others
- Package Type
- Tinplate Containers
- HDPE (High Density Polyethylene) Containers
- PVC (Poly Vinyl Chloride) Bottles
- PET (Polyethylene Terephthalate) Bottles
- Glass Bottles, Semi – Rigid Containers
- Flexible Plastic Pouches
- Others
- Distribution Channel
- Direct
- Indirect
- End User
- Domestics
- Industrial
- Food Services
- Others
North America Edible Oil Market Regional Analysis/Insights
- The edible oil market is analysed and market size insights and trends are provided by country, type, package type, distribution channel and end user as referenced above.
- The countries covered in the edible oil market report are U.S., Canada, and Mexico in North America.
- In North America edible oil market, the U.S. is leading the growth due to the high consumption of and production of soybean oil in indirect segment along with the benefits offered by the e-commerce channels which are expected to create opportunity for the edible oil market in the country. Canada is dominating with the second highest market share due to the increasing organic trend in indirect segment across the world and consumers demand for organic edible oils which is expected to drive the growth of edible oil market in Canada.
Competitive Landscape and North America Edible Oil Market Share Analysis
The edible oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to edible oil market.
Some of the major players operating in the edible oil market are
- Bunge Limited (US)
- ADM (US)
- Cargill, Incorporated (US)
- ACH Food Companies, Inc. (US)
- Adani Group (India)
- SALAD OILS INTERNATIONAL CORPORATION (US)
- American Vegetable Oils, Inc. (US)
- BORGES INTERNATIONAL GROUP, S.L. (Spain)
- Hebany Group (UAE)
- NGO CHEW HONG EDIBLE OIL PTE LTD (Singapore)
- TITAN OILS Inc., (Canada
- Ragasa - Derechos Reservados (Mexico)
- SOVENA (Thailand)
- Sunora Foods (Canada)
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https://www.databridgemarketresearch.com/reports/north-america-edible-oils-market
MAJOR TOC OF THE REPORT
https://www.databridgemarketresearch.com/toc/?dbmr=north-america-edible-oils-market
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: North America Edible Oil Market
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