The organic edible oil market is likely to capture a valuation of US$ 3.14 billion in 2023 and is predicted to reach US$ 7.43 billion by 2033. The market is registering a CAGR of 9% during the forecast period.
The market is driven by several factors, including:
Rising Demand for Organic Food Among Consumers Upsurge the Market Size
The increasing awareness among consumers about the benefits of consuming organic food products is raising the adoption of organic edible oil. Organic edible oils are free from harmful chemicals and pesticides and produced using natural and sustainable methods. It is a natural, healthier, sustainable, and environment-friendly option.
Consumers prefer edible olive oil to cook food due to its essential properties and low cholesterol benefits. However, the organic food industry has recently experienced moderate growth as consumers are more conscious about environmental impact. The key companies are focusing on growing the production of organic edible oil from organic farming and production methods.
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 9% |
Market Valuation (2023) | US$ 3.14 billion |
Market Valuation (2033) | US$ 7.43 billion |
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The market has been experiencing steady growth between 2018 and 2022. Consumers are more health-conscious and aware of the environmental impact of food production. The increasing demand for organic and non-GMO products, growing health awareness, and the benefits of consuming organic food fuel market growth.
According to Future Market Insights, the market was valued at US$ 2.04 billion in 2018 and is expected to reach US$ 7.43 billion by 2033. The report also stated that the Asia Pacific region is expected to witness significant growth in the market.
Based on type, the soya oil segment is popularly growing in the global market by registering a significant share by 2033. Soybean oil is commonly used as a cooking oil by consumers due to its Omega-6 fatty acid and vitamin K, which helps regulate bone metabolism. The rising production of organic soy is increasing the availability of soybean oil in abundance, rapidly growing the segment size.
The rising consumer preferences and low pricing greatly increase the demand for soybean oil. Several key companies produce organic oil for cooking purposes for various end-use industries, including the food industry. During the forecast period, these manufacturers are increasing their product portfolio in the Asia Pacific region.
Based on distribution channels, supermarkets/hypermarkets are leading the global market by capturing a maximum portion of revenue. The supermarkets/hypermarkets provide a one-stop-shop setting due to the convenience of purchasing organic edible oils with other groceries. A wide range of products is available in supermarkets/hypermarkets on which consumers can choose as per their preferences.
The key manufacturing companies sell their brand products through supermarkets/hypermarkets, specialty stores, etc. Online retail stores also capture better revenue in the global market by selling cooking oils and other products. Consumers easily buy products through an e-commerce website with better price options and free home delivery services.
Indian market is rapidly growing due to rising health awareness and consuming organic products. India is one of the significant consumers and producers in the global market to provide a variety of organic oils. This diverse range of oils includes mustard, coconut, sunflower, groundnut, soybean, and sesame.
The demand for organic edible oil is increasing due to rising concerns about health, environmental sustainability, and the negative impact of conventional farming practices. Organic farming is becoming popular as it uses natural and sustainable methods to produce crops, resulting in healthier and more nutrient-rich foods. Organic edible oil is also free from harmful chemicals and preservatives commonly used in conventional farming.
The leading players in the Indian organic edible oil market are Conscious Food, Pure & Sure, 24 Mantra Organic, Organic India, and Kisan. These companies offer a range of organic oils such as coconut, groundnut, mustard, vegetable, and cooking oils.
The government of India is promoting organic farming through various schemes and initiatives which increase the availability and affordability of organic products. The market continues to shine in the coming years by growing environmental awareness.
The United States is one of the significant global markets that secured a relevant share during the forecast period. Consumers are more concerned about their health and are anticipated to increase the adoption of organic edible oil to maintain a better lifestyle. Several key manufacturing companies in the United States organic edible oil market offer a huge quantity of organic oils, including olive, coconut, sesame, and others. These oils are widely used in cooking, baking, salad dressing, and other culinary applications.
Consumers are focused on their health as a last thing due to bust schedules, bad eating habits, and changing lifestyles. The key manufacturing companies are using strategic methodologies to increase the production of organic edible oil in the country. These companies offer organic cooking oils as on availability, flavor, taste, and other factors in the country. Overall, the country is expected to continue growing as more consumers seek out healthier food options.
The United Kingdom organic edible oil market is highly competitive by present key players in the country and internationally. The rising consumers' demand for cooking oil and their willingness to pay premium prices for products free from harmful chemicals. The growing food industry in the country is rapidly fueling the market size. The rising demand for vegan, plant-based diets and organic products is advancing the market growth in the United Kingdom.
According to a report by the Soil Association, the United Kingdom organic food and drink market grew by 12.6% in 2019. Due to the growing trends toward organic and sustainable food, consumers have become more aware of the importance of healthy and sustainable diets. The rising benefits of organic edible oil compared to other conventional oils are surging the United Kingdom market size.
Key players adopted various marketing methodologies to promote organic edible oil products to reach their target audience. Here are a few of the key players and their marketing strategies:
Other Prominent Players in the Market are:
Recent Developments in the Organic Edible Oil Market are:
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Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ billion for Value |
Key Countries Covered | United States, United Kingdom, Japan, China, India, Germany |
Key Segments Covered | Type, Distribution Channels, Region |
Key Companies Profiled | Cargill Incorporated; Bunge Limited; Archer Daniels Midland Company; Adams Group Inc; Wilmar International Limited; Conagra Brands Inc; Hain Celestial Group Inc; Spectrum Organics; Ventura Foods LLC; NOW Foods; Nutiva; Dr. Bronner’s; Chosen Foods LLC; La Tourangelle Inc |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The market is estimated to achieve US$ 7.43 billion by 2033.
The market is forecast to exhibit a CAGR of 9% through 2033.
Supermarkets/hypermarkets are dominating the global market.
The market to reach US$ 3.14 billion by end of 2023.
The soy oil category, according to type, is rapidly expanding in the global market.
1. Executive Summary | Organic Edible Oil Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Litre) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Type, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Type, 2023 to 2033 5.3.1. Palm Oil 5.3.2. Soybean Oil 5.3.3. Rapeseed Oil 5.3.4. Sunflower Oil 5.3.5. Olive Oil 5.3.6. Coconut oil 5.3.7. Other Oil Types 5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Distribution Channel, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Distribution Channel, 2023 to 2033 6.3.1. Supermarket/Hypermarket 6.3.2. Specialty Stores 6.3.3. Convenient Stores 6.3.4. Online Retail Stores 6.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Region, 2018 to 2022 7.3. Current Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Region, 2023 to 2033 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. MEA 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022 8.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033 8.2.1. By Country 8.2.1.1. The USA 8.2.1.2. Canada 8.2.2. By Type 8.2.3. By Distribution Channel 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Type 8.3.3. By Distribution Channel 8.4. Key Takeaways 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Type 9.2.3. By Distribution Channel 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Type 9.3.3. By Distribution Channel 9.4. Key Takeaways 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. United Kingdom 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Europe 10.2.2. By Type 10.2.3. By Distribution Channel 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Type 10.3.3. By Distribution Channel 10.4. Key Takeaways 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.1.4. Singapore 11.2.1.5. Thailand 11.2.1.6. Indonesia 11.2.1.7. Australia 11.2.1.8. New Zealand 11.2.1.9. Rest of Asia Pacific 11.2.2. By Type 11.2.3. By Distribution Channel 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Type 11.3.3. By Distribution Channel 11.4. Key Takeaways 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. GCC Countries 12.2.1.2. South Africa 12.2.1.3. Israel 12.2.1.4. Rest of MEA 12.2.2. By Type 12.2.3. By Distribution Channel 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Type 12.3.3. By Distribution Channel 12.4. Key Takeaways 13. Key Countries Market Analysis 13.1. USA 13.1.1. Pricing Analysis 13.1.2. Market Share Analysis, 2022 13.1.2.1. By Type 13.1.2.2. By Distribution Channel 13.2. Canada 13.2.1. Pricing Analysis 13.2.2. Market Share Analysis, 2022 13.2.2.1. By Type 13.2.2.2. By Distribution Channel 13.3. Brazil 13.3.1. Pricing Analysis 13.3.2. Market Share Analysis, 2022 13.3.2.1. By Type 13.3.2.2. By Distribution Channel 13.4. Mexico 13.4.1. Pricing Analysis 13.4.2. Market Share Analysis, 2022 13.4.2.1. By Type 13.4.2.2. By Distribution Channel 13.5. Germany 13.5.1. Pricing Analysis 13.5.2. Market Share Analysis, 2022 13.5.2.1. By Type 13.5.2.2. By Distribution Channel 13.6. United Kingdom 13.6.1. Pricing Analysis 13.6.2. Market Share Analysis, 2022 13.6.2.1. By Type 13.6.2.2. By Distribution Channel 13.7. France 13.7.1. Pricing Analysis 13.7.2. Market Share Analysis, 2022 13.7.2.1. By Type 13.7.2.2. By Distribution Channel 13.8. Spain 13.8.1. Pricing Analysis 13.8.2. Market Share Analysis, 2022 13.8.2.1. By Type 13.8.2.2. By Distribution Channel 13.9. Italy 13.9.1. Pricing Analysis 13.9.2. Market Share Analysis, 2022 13.9.2.1. By Type 13.9.2.2. By Distribution Channel 13.10. China 13.10.1. Pricing Analysis 13.10.2. Market Share Analysis, 2022 13.10.2.1. By Type 13.10.2.2. By Distribution Channel 13.11. Japan 13.11.1. Pricing Analysis 13.11.2. Market Share Analysis, 2022 13.11.2.1. By Type 13.11.2.2. By Distribution Channel 13.12. South Korea 13.12.1. Pricing Analysis 13.12.2. Market Share Analysis, 2022 13.12.2.1. By Type 13.12.2.2. By Distribution Channel 13.13. Singapore 13.13.1. Pricing Analysis 13.13.2. Market Share Analysis, 2022 13.13.2.1. By Type 13.13.2.2. By Distribution Channel 13.14. Thailand 13.14.1. Pricing Analysis 13.14.2. Market Share Analysis, 2022 13.14.2.1. By Type 13.14.2.2. By Distribution Channel 13.15. Indonesia 13.15.1. Pricing Analysis 13.15.2. Market Share Analysis, 2022 13.15.2.1. By Type 13.15.2.2. By Distribution Channel 13.16. Australia 13.16.1. Pricing Analysis 13.16.2. Market Share Analysis, 2022 13.16.2.1. By Type 13.16.2.2. By Distribution Channel 13.17. New Zealand 13.17.1. Pricing Analysis 13.17.2. Market Share Analysis, 2022 13.17.2.1. By Type 13.17.2.2. By Distribution Channel 13.18. GCC Countries 13.18.1. Pricing Analysis 13.18.2. Market Share Analysis, 2022 13.18.2.1. By Type 13.18.2.2. By Distribution Channel 13.19. South Africa 13.19.1. Pricing Analysis 13.19.2. Market Share Analysis, 2022 13.19.2.1. By Type 13.19.2.2. By Distribution Channel 13.20. Israel 13.20.1. Pricing Analysis 13.20.2. Market Share Analysis, 2022 13.20.2.1. By Type 13.20.2.2. By Distribution Channel 14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Type 14.3.3. By Distribution Channel 15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. Cargill Inc. 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.1.5.2. Product Strategy 15.1.1.5.3. Channel Strategy 15.1.2. Nutiva 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.2.5.2. Product Strategy 15.1.2.5.3. Channel Strategy 15.1.3. Catania Spagna 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.3.5.2. Product Strategy 15.1.3.5.3. Channel Strategy 15.1.4. EFKO Group 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.4.5.2. Product Strategy 15.1.4.5.3. Channel Strategy 15.1.5. Aryan International 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.5.5.2. Product Strategy 15.1.5.5.3. Channel Strategy 15.1.6. Adams Group 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.6.5.2. Product Strategy 15.1.6.5.3. Channel Strategy 15.1.7. Daabon Organic 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.7.5.2. Product Strategy 15.1.7.5.3. Channel Strategy 15.1.8. NOW Foods 15.1.8.1. Overview 15.1.8.2. Product Portfolio 15.1.8.3. Profitability by Market Segments 15.1.8.4. Sales Footprint 15.1.8.5. Strategy Overview 15.1.8.5.1. Marketing Strategy 15.1.8.5.2. Product Strategy 15.1.8.5.3. Channel Strategy 15.1.9. B&G Foods, Inc. 15.1.9.1. Overview 15.1.9.2. Product Portfolio 15.1.9.3. Profitability by Market Segments 15.1.9.4. Sales Footprint 15.1.9.5. Strategy Overview 15.1.9.5.1. Marketing Strategy 15.1.9.5.2. Product Strategy 15.1.9.5.3. Channel Strategy 15.1.10. Viva Naturals 15.1.10.1. Overview 15.1.10.2. Product Portfolio 15.1.10.3. Profitability by Market Segments 15.1.10.4. Sales Footprint 15.1.10.5. Strategy Overview 15.1.10.5.1. Marketing Strategy 15.1.10.5.2. Product Strategy 15.1.10.5.3. Channel Strategy 16. Assumptions & Acronyms Used 17. Research Methodology
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