Brazil Edible Oil And Fats Market Size & Outlook, 2022-2030
- Food Beverages & Tobacco
- Consumer Food & Beverages
- Edible Oil And Fats Market Outlook
- Consumer Food & Beverages
Brazil Edible Oil And Fats Market, 2018-2030 (US$M)
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Brazil edible oil and fats market highlights
- The Brazil edible oil and fats market generated a revenue of USD 18,710.5 million in 2022 and is expected to reach USD 32,504.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, edible oil was the largest revenue generating product in 2022.
- Edible Fats is the most lucrative product segment registering the fastest growth during the forecast period.
Edible oil and fats market data book summary
| Market revenue in 2022 | USD 18,710.5 million |
| Market revenue in 2030 | USD 32,504.1 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Edible oil |
| Fastest growing segment | Edible Fats |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Edible Oil, Edible Fats |
| Key market players worldwide | Archer-Daniels Midland Co, Cargill, Bunge Global SA, Nisshin Oillio Group Ltd, Kaneka Corp, Associated British Foods PLC, Grain Processing Corporation, Adani Wilmar, Borges, Apetit Group |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.0% of the global edible oil and fats market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil edible oil and fats market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 13,297.5 million by 2030.
Organic edible oils & fats are gaining popularity among higher-income groups due to their excellent nutritional benefits. Less common oils, such as corn oil, which previously had limited demand are now prevalent in households due to customers' increased awareness about the nutritional value of such oils.
Rising consumer awareness and a decline in cultural restrictions have increased demand, particularly among wealthy customers. These factors, therefore, fuel the growth of the market for edible oils and fats in Brazil.
The Brazilian government is focusing more on sustainable products that can be used to produce biodiesel. For instance, the Ministry of Mines and Energy (MME) introduced a RenovaBio Program that governs the biofuel production units to stimulate sustainable production of palm oil diesel.
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Edible Oil And Fats Market Scope
Edible Oil And Fats Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Associated British Foods PLC | View profile | 133,000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | www.abf.co.uk |
| Archer-Daniels Midland Co | View profile | 41,802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | www.adm.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | www.cargill.com |
| Grain Processing Corporation | View profile | 1001-5000 | Muscatine, Iowa, United States, North America | www.grainprocessing.com/ |
| Bunge Global SA | View profile | 23,000 | 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 | www.bunge.com |
| Nisshin Oillio Group Ltd | View profile | 3,357 | 1-23-1, Shinkawa, Chuo-ku, Tokyo, Japan, 104-8285 | www.nisshin-oillio.com |
| Kaneka Corp | View profile | 13,284 | 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 | www.kaneka.co.jp |
| Adani Wilmar | View profile | 1001-5000 | Ahmedabad, Gujarat, India, Asia | www.adaniwilmar.com/ |
| Borges | View profile | 51-100 | Reus, Catalonia, Spain, Europe | www.borges.es |
| Apetit Group | View profile | 501-1000 | Helsinki, Southern Finland, Finland, Europe | apetit.fi |
Brazil Edible Oil And Fats Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Edible Oil And Fats Market Outlook will help companies and investors design strategic landscapes.
Edible Oil was the largest segment with a revenue share of 75.38% in 2022.
Horizon Databook has segmented the Brazil edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2017 to 2030.
Organic edible oils & fats are gaining popularity among higher-income groups due to their excellent nutritional benefits. Less common oils, such as corn oil, which previously had limited demand are now prevalent in households due to customers' increased awareness about the nutritional value of such oils.
Rising consumer awareness and a decline in cultural restrictions have increased demand, particularly among wealthy customers. These factors, therefore, fuel the growth of the market for edible oils and fats in Brazil.
The Brazilian government is focusing more on sustainable products that can be used to produce biodiesel. For instance, the Ministry of Mines and Energy (MME) introduced a RenovaBio Program that governs the biofuel production units to stimulate sustainable production of palm oil diesel.
- Brazil Edible Oil And Fats Market Product Outlook (Revenue, USD Million , 2018-2030)
- Edible Oil
- Edible Fats
- Brazil Edible Oil And Fats Market Source Outlook (Revenue, USD Million , 2018-2030)
- Natural
- Synthetic
- Brazil Edible Oil And Fats Market Nature Outlook (Revenue, USD Million , 2018-2030)
- Organic
- Conventional
- Brazil Edible Oil And Fats Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Offline
- Online
- Brazil Edible Oil And Fats Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Food & Beverages
- Personal Care & Cosmetics
- Biofuel & Energy
- Pharmeceutical
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Edible Oil And Fats Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Edible Oil And Fats Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Edible Oil And Fats Market, 2018-2030 (US$M)
Brazil edible oil and fats market statistics, by product, 2017-2030 (US$M)
