The Global Cooking Oil Market Size is estimated at $238.4 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 5.1% to reach $354.9 Billion by 2034.
The global Cooking Oil Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Olive Oil, Mustard Oil, Sunflower Oil, Vegetable Oil, Others), By Application (Cooking, Frying, Others), By Packaging (Bottle, Pouch, Can, Others), By Extraction Method (Cold Press, Wooden Cold Pressed, Expeller Press, Others), By Application (Bakery and Confectionery, Snack Foods, Salads and Cooking Oils, Margarine, Fillings, and Spreads, Others).
An Introduction to Cooking Oil Market in 2025
The Cooking Oil Market is expanding as consumers look for healthy and versatile options for their cooking needs. Cooking oils, including olive oil, canola oil, and avocado oil, are essential in kitchens for frying, sautéing, and baking. The market is driven by increasing awareness of the health benefits associated with different oils, such as high smoke points and beneficial fats. Additionally, the demand for organic and sustainably sourced oils, along with innovations in packaging and product offerings, is shaping market trends.
Cooking Oil Competitive Landscape
The market report analyses the leading companies in the industry including Alami Commodities Sdn Bhd, Archer Daniels Midland Company, Bunge Ltd, Cargill Inc, Fuji Oil Group, J Oil Mills Inc, Musim Mas Group, Olam International Ltd, Richardson International, Wilmar International Ltd, and others.
Cooking Oil Market Dynamics
Market Trend: Shift Towards Plant-Based and Health-Oriented Oils and Fats
The cooking oils and fats market is witnessing a significant trend towards a shift towards plant-based and health-oriented oils and fats. Consumers are increasingly opting for oils and fats that promote health benefits, such as reduced cholesterol levels, heart health, and better nutritional profiles. This trend is driven by the rising awareness of the health impacts of dietary fats and the increasing popularity of diets that emphasize healthy fats, like the Mediterranean and ketogenic diets. Plant-based oils, such as olive oil, avocado oil, and coconut oil, as well as fats like nut butters and margarine made from vegetable oils, are gaining traction as healthier alternatives to traditional animal-based fats.
Market Driver: Growing Demand for Convenience and Processed Foods
A major driver of the cooking oils and fats market is the growing demand for convenience and processed foods. With the fast-paced lifestyle of modern consumers, there is an increasing reliance on ready-to-eat and easy-to-prepare food products, which drives the demand for cooking oils and fats used in their preparation. This driver is further supported by the expansion of the foodservice industry, where restaurants, fast-food chains, and catering services require a consistent supply of high-quality oils and fats for frying, baking, and cooking. The convenience and efficiency provided by these products make them indispensable in the food industry, fueling market growth.
Market Opportunity: Development of Sustainable and Specialty Oil Products
The cooking oils and fats market presents substantial opportunities for the development of sustainable and specialty oil products. Manufacturers can innovate by creating oils and fats that cater to specific dietary needs, such as gluten-free, organic, and non-GMO options. There is also potential to introduce sustainable practices in oil production, including eco-friendly farming techniques, ethical sourcing, and environmentally friendly packaging solutions. Additionally, the market can benefit from the creation of specialty oils and fats that offer unique flavors and culinary applications, such as truffle oil, infused oils, and gourmet butters. By focusing on these areas, companies can attract a diverse consumer base, differentiate their offerings, and drive growth in the competitive cooking oils and fats market. Emphasizing the health benefits, sustainability, and culinary versatility of these products can further enhance their market appeal.
Cooking Oil Market Share Analysis: Sunflower Oil is expected to generate the highest revenue in 2025.
In the Cooking Oil Market, Sunflower Oil is the largest segment due to its widespread use and versatility. Sunflower oil is a popular choice among consumers and food manufacturers because of its neutral flavor, high smoke point, and health benefits. It is commonly used in both household cooking and commercial food preparation. The oil’s composition, which includes high levels of unsaturated fats and vitamin E, aligns with the growing consumer preference for healthier cooking options. Additionally, sunflower oil is widely available and cost-effective, which further supports its dominance in the market. Its broad application across various cuisines and its inclusion in numerous processed food products reinforce its position as the largest segment in the cooking oil category.
Cooking Oil Market Share Analysis: Frying is poised to register the fastest growth rate (CAGR) over the forecast period from 2025 to 2034.
In the Cooking Oil Market, the frying application is the fastest growing segment due to the increasing demand for fried foods in both commercial and household settings. The popularity of fried foods, including fast food items, snacks, and restaurant offerings, is driving this growth. Frying oils are essential for achieving the desired texture and flavor in many food products, and advancements in frying technology have expanded their use. Furthermore, innovations in cooking oils that offer improved stability and health benefits, such as oils with lower trans fat content or enhanced omega-3 profiles, are contributing to the rapid growth of the frying segment. The expansion of the food service industry and the continuous introduction of new fried food products are key factors fueling this trend.
Cooking Oil Market Share Analysis: Bottle is expected to generate the highest revenue in 2025.
In the Cooking Oil Market, the bottle packaging format is the largest segment due to its convenience, versatility, and consumer preference. Bottles are preferred for their ease of use, precise pouring capability, and ability to keep the oil fresh for extended periods. They are commonly used for both retail and food service applications, ranging from small household bottles to larger commercial sizes. The clear or tinted glass and plastic bottles also allow consumers to easily monitor the oil level and quality. Additionally, bottle packaging is widely accepted by both traditional and modern retail channels, contributing to its dominant position. The standardization and consumer familiarity with bottle packaging further solidify its status as the largest segment in the cooking oil market.0
Cooking Oil Market Segmentation
By Type
Olive Oil
Mustard Oil
Sunflower Oil
Vegetable Oil
Others
By Application
Cooking
Frying
Others
By Packaging
Bottle
Pouch
Can
Others
By Extraction Method
Cold Press
Wooden Cold Pressed
Expeller Press
Others
By Application
Bakery and Confectionery
Snack Foods
Salads and Cooking Oils
Margarine
Fillings, and Spreads
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Cooking Oil Companies Profiled in the Study
Alami Commodities Sdn Bhd
Archer Daniels Midland Company
Bunge Ltd
Cargill Inc
Fuji Oil Group
J Oil Mills Inc
Musim Mas Group
Olam International Ltd
Richardson International
Wilmar International Ltd
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Cooking Oil Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Cooking Oil Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Cooking Oil Market Size by Segments, 2018- 2024
Key Statistics, 2024
Cooking Oil Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Cooking Oil Types, 2018- 2024
Cooking Oil Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Cooking Oil Applications, 2018- 2024
8. Cooking Oil Market Size Outlook by Segments, 2024- 2034
By Type
Olive Oil
Mustard Oil
Sunflower Oil
Vegetable Oil
Others
By Application
Cooking
Frying
Others
By Packaging
Bottle
Pouch
Can
Others
By Extraction Method
Cold Press
Wooden Cold Pressed
Expeller Press
Others
By Application
Bakery and Confectionery
Snack Foods
Salads and Cooking Oils
Margarine
Fillings, and Spreads
Others
9. Cooking Oil Market Size Outlook by Region
North America
Key Market Dynamics
North America Cooking Oil Market Size Outlook by Type, USD Million, 2021-2034
North America Cooking Oil Market Size Outlook by Application, USD Million, 2021-2034
North America Cooking Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Cooking Oil Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Cooking Oil Market Size Outlook by Type, USD Million, 2021-2034
Europe Cooking Oil Market Size Outlook by Application, USD Million, 2021-2034
Europe Cooking Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Cooking Oil Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Cooking Oil Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Cooking Oil Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Cooking Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Cooking Oil Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Cooking Oil Market Size Outlook by Type, USD Million, 2021-2034
South America Cooking Oil Market Size Outlook by Application, USD Million, 2021-2034
South America Cooking Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Cooking Oil Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Cooking Oil Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Cooking Oil Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Cooking Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Cooking Oil Market Size Outlook by Country, USD Million, 2021-2034
10. United States Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Cooking Oil Market Size Outlook by Type, 2021- 2034
United States Cooking Oil Market Size Outlook by Application, 2021- 2034
United States Cooking Oil Market Size Outlook by End-User, 2021- 2034
11. Canada Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Cooking Oil Market Size Outlook by Type, 2021- 2034
Canada Cooking Oil Market Size Outlook by Application, 2021- 2034
Canada Cooking Oil Market Size Outlook by End-User, 2021- 2034
12. Mexico Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Cooking Oil Market Size Outlook by Type, 2021- 2034
Mexico Cooking Oil Market Size Outlook by Application, 2021- 2034
Mexico Cooking Oil Market Size Outlook by End-User, 2021- 2034
13. Germany Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Cooking Oil Market Size Outlook by Type, 2021- 2034
Germany Cooking Oil Market Size Outlook by Application, 2021- 2034
Germany Cooking Oil Market Size Outlook by End-User, 2021- 2034
14. France Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
France Cooking Oil Market Size Outlook by Type, 2021- 2034
France Cooking Oil Market Size Outlook by Application, 2021- 2034
France Cooking Oil Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Cooking Oil Market Size Outlook by Type, 2021- 2034
United Kingdom Cooking Oil Market Size Outlook by Application, 2021- 2034
United Kingdom Cooking Oil Market Size Outlook by End-User, 2021- 2034
16. Spain Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Cooking Oil Market Size Outlook by Type, 2021- 2034
Spain Cooking Oil Market Size Outlook by Application, 2021- 2034
Spain Cooking Oil Market Size Outlook by End-User, 2021- 2034
17. Italy Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Cooking Oil Market Size Outlook by Type, 2021- 2034
Italy Cooking Oil Market Size Outlook by Application, 2021- 2034
Italy Cooking Oil Market Size Outlook by End-User, 2021- 2034
18. Benelux Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Cooking Oil Market Size Outlook by Type, 2021- 2034
Benelux Cooking Oil Market Size Outlook by Application, 2021- 2034
Benelux Cooking Oil Market Size Outlook by End-User, 2021- 2034
19. Nordic Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Cooking Oil Market Size Outlook by Type, 2021- 2034
Nordic Cooking Oil Market Size Outlook by Application, 2021- 2034
Nordic Cooking Oil Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Cooking Oil Market Size Outlook by Type, 2021- 2034
Rest of Europe Cooking Oil Market Size Outlook by Application, 2021- 2034
Rest of Europe Cooking Oil Market Size Outlook by End-User, 2021- 2034
21. China Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
China Cooking Oil Market Size Outlook by Type, 2021- 2034
China Cooking Oil Market Size Outlook by Application, 2021- 2034
China Cooking Oil Market Size Outlook by End-User, 2021- 2034
22. India Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
India Cooking Oil Market Size Outlook by Type, 2021- 2034
India Cooking Oil Market Size Outlook by Application, 2021- 2034
India Cooking Oil Market Size Outlook by End-User, 2021- 2034
23. Japan Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Cooking Oil Market Size Outlook by Type, 2021- 2034
Japan Cooking Oil Market Size Outlook by Application, 2021- 2034
Japan Cooking Oil Market Size Outlook by End-User, 2021- 2034
24. South Korea Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Cooking Oil Market Size Outlook by Type, 2021- 2034
South Korea Cooking Oil Market Size Outlook by Application, 2021- 2034
South Korea Cooking Oil Market Size Outlook by End-User, 2021- 2034
25. Australia Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Cooking Oil Market Size Outlook by Type, 2021- 2034
Australia Cooking Oil Market Size Outlook by Application, 2021- 2034
Australia Cooking Oil Market Size Outlook by End-User, 2021- 2034
26. South East Asia Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Cooking Oil Market Size Outlook by Type, 2021- 2034
South East Asia Cooking Oil Market Size Outlook by Application, 2021- 2034
South East Asia Cooking Oil Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Cooking Oil Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Cooking Oil Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Cooking Oil Market Size Outlook by End-User, 2021- 2034
28. Brazil Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Cooking Oil Market Size Outlook by Type, 2021- 2034
Brazil Cooking Oil Market Size Outlook by Application, 2021- 2034
Brazil Cooking Oil Market Size Outlook by End-User, 2021- 2034
29. Argentina Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Cooking Oil Market Size Outlook by Type, 2021- 2034
Argentina Cooking Oil Market Size Outlook by Application, 2021- 2034
Argentina Cooking Oil Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Cooking Oil Market Size Outlook by Type, 2021- 2034
Rest of South America Cooking Oil Market Size Outlook by Application, 2021- 2034
Rest of South America Cooking Oil Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Cooking Oil Market Size Outlook by Type, 2021- 2034
United Arab Emirates Cooking Oil Market Size Outlook by Application, 2021- 2034
United Arab Emirates Cooking Oil Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Cooking Oil Market Size Outlook by Type, 2021- 2034
Saudi Arabia Cooking Oil Market Size Outlook by Application, 2021- 2034
Saudi Arabia Cooking Oil Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Cooking Oil Market Size Outlook by Type, 2021- 2034
Rest of Middle East Cooking Oil Market Size Outlook by Application, 2021- 2034
Rest of Middle East Cooking Oil Market Size Outlook by End-User, 2021- 2034
34. South Africa Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Cooking Oil Market Size Outlook by Type, 2021- 2034
South Africa Cooking Oil Market Size Outlook by Application, 2021- 2034
South Africa Cooking Oil Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Cooking Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Cooking Oil Market Size Outlook by Type, 2021- 2034
Rest of Africa Cooking Oil Market Size Outlook by Application, 2021- 2034
Rest of Africa Cooking Oil Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
Alami Commodities Sdn Bhd
Archer Daniels Midland Company
Bunge Ltd
Cargill Inc
Fuji Oil Group
J Oil Mills Inc
Musim Mas Group
Olam International Ltd
Richardson International
Wilmar International Ltd
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
