The volume is forecast to experience significant growth in all segments in 2029. Especially notable is the remarkably robust growth observed in the Edible Oils segment as we approach the end of the forecast period. This value, reaching 0.6 billion kilograms, stands out significantly compared to the average changes, which are estimated at 0.275 billion kilograms.
Data provided by Statista Market Insights are estimates.
Definition:
The Oils and Fats segment covers all substances that are composed of fatty acids and used for cooking purposes or as an ingredient in many food products. These fats and oils can be obtained from plants or animals and are available in both liquid (oils) and solid (fats) form.
Structure:
The segment consists of four different subsegments:
The Butter segment covers all products that are defined as a high-fat milk product and contains a minimum of 80% fat. Its other ingredients are water, protein, and lactose.
The Margarine segment covers all products that are made of vegetable oils and contains a minimum of 80% fat.
The Edible Oils segment covers any type of oil that is extracted from plants and is used for cooking and food preparation.
The Other Oils & Fats segment covers lard and other edible animal fats.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
For more information on the displayed data, click the info button on the right side of each box.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista Market Insights. (June 18, 2024). Volume in the Oils & Fats market for different segments Worldwide from 2019 to 2029 (in billion kilograms) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1444833/volume-oils-fats-market-for-different-segments-worldwide
Statista Market Insights. "Volume in the Oils & Fats market for different segments Worldwide from 2019 to 2029 (in billion kilograms)." Chart. June 18, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1444833/volume-oils-fats-market-for-different-segments-worldwide
Statista Market Insights. (2024). Volume in the Oils & Fats market for different segments Worldwide from 2019 to 2029 (in billion kilograms). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1444833/volume-oils-fats-market-for-different-segments-worldwide
Statista Market Insights. "Volume in The Oils & Fats Market for Different Segments Worldwide from 2019 to 2029 (in Billion Kilograms)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/forecasts/1444833/volume-oils-fats-market-for-different-segments-worldwide
Statista Market Insights, Volume in the Oils & Fats market for different segments Worldwide from 2019 to 2029 (in billion kilograms) Statista, https://www.statista.com/forecasts/1444833/volume-oils-fats-market-for-different-segments-worldwide (last visited August 25, 2024)
Volume in the Oils & Fats market for different segments Worldwide from 2019 to 2029 (in billion kilograms) [Graph], Statista Market Insights, June 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1444833/volume-oils-fats-market-for-different-segments-worldwide