Europe Edible Oils Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 14.61 Billion |
Market Size (Forecast Year) |
USD 22.77 Billion |
CAGR |
|
Major Markets Players |
Europe Edible Oil Market Segmentation, By 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 and 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 and Others), Distribution Channel (Direct and Indirect), End User (Domestic Industrial Food Service and Others) - Industry Trends and Forecast to 2031.
Europe Edible Oil Market Size
Europe Edible Oil Market size was valued at USD 14.61 billion in 2023 and is projected to reach USD 22.77 billion by 2031, with a CAGR of 5.7% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Edible Oil Key Market Insights |
Segmentation |
By 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 and Others By 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 and Others By Distribution Channel: Direct and Indirect By End User: Domestic Industrial Food Service and Others |
Countries Covered |
Germany, U.K., Italy, France, Spain, Switzerland, Turkey, Netherlands, Russia, Denmark, Sweden, Poland, Belgium and Rest of Europe |
Key Market Players |
Bunge Limited, ADM, Cargill, Incorporated, Basso Fedele & Figli, BORGES INTERNATIONAL GROUP, S.L., Edible Oils Ltd., Hebany Group, Henry Lamotte OILS GmbH, NGO CHEW HONG EDIBLE OIL PTE LTD (A Subsidiary of Mewah Group), Olenex Sàrl, Olympic Oils Ltd., and Valtris Specialty Chemicals |
Europe Edible Oil Market Dynamics
Several numbers of countries are involved in the production oilseeds and therefore there is abundant availability of raw material for consistent production of edible oils. Easy availability of raw material reduces the expenses of transportation as well as aids in large scale production of edible oil which helps in reduction of overall production cost.
According to Food and Agriculture Organization (FAO), the estimated global soybean oilseed production in 2020 is expected to be 368.5 Mt and other oilseeds are expected to be 155.3 Mt. The average global production of other oilseeds excluding soybean in the year 2015 to 2017 was 1, 46,793 Kt. In this Europe was the highest producer of oilseeds Thus, sufficient availability of raw materials across the Europe is one of the major factors that have been driving the growth of Europe edible oil market.
This edible oil market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Edible Oil Market Scope
Europe Edible Oil market is segmented on the basis of basis of type, package type, distribution channel, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
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
- Domestic
- Industrial
- Food service
- Others
Europe Edible Oil Market Regional Analysis
Europe edible oil market is analyzed and market size information is provided by type, package type, distribution channel and end user.
The countries covered in the Europe edible oil market report are Germany, U.K., Italy, France, Spain, Switzerland, Turkey, Netherlands, Russia, Denmark, Sweden, Poland, Belgium and Rest of Europe.
In Europe edible oil, Germany has occupied the highest market share due to the application of edible oils for bakery goods such as bread, pastries and many others in daily diet.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Edible Oil Market Share
Europe 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, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Europe edible oil market.
Edible Oil Market Leaders Operating in the Market Are:
- Bunge Limited
- ADM
- Cargill, Incorporated
- Basso Fedele & Figli
- BORGES INTERNATIONAL GROUP, S.L.
- Edible Oils Ltd.
- Hebany Group
- Henry Lamotte OILS GmbH
- NGO CHEW HONG EDIBLE OIL PTE LTD (A Subsidiary of Mewah Group)
- Olenex Sàrl
- Olympic Oils Ltd.
- Valtris Specialty Chemicals
Latest Developments in Edible Oil Market
- In June 2020, Basso Fedele & Figli, announced that it’s the Extra Virgin Olive Oil is to be considered the ideal condiment for dishes for its complex and balanced composition that gives it a high nutritional value and makes it an excellent ally for our health. This shows that the company is focused over the quality of products to enhance its product portfolio.
- In August 2018, ADM company acquired Algar Agro’s crush and refinery plants in Minas Gerais and Maranhão. This acquisition has strengthened ADM’s position in Brazilian market, helping in strategic growth. With the addition of new plant in Brazil, ADM has further enhanced and strengthened its global distribution network.
Partnership, new product development and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for edible oil.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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