Italy Edible Oil And Fats Market Size & Outlook, 2022-2030
- Food Beverages & Tobacco
- Consumer Food & Beverages
- Edible Oil And Fats Market Outlook
- Consumer Food & Beverages
Italy Edible Oil And Fats Market, 2018-2030 (US$M)
Global Market
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Italy edible oil and fats market highlights
- The Italy edible oil and fats market generated a revenue of USD 8,019.6 million in 2022 and is expected to reach USD 13,801.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 7% from 2023 to 2030.
- In terms of segment, edible oil was the largest revenue generating product in 2022.
- Edible Oil 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 8,019.6 million |
| Market revenue in 2030 | USD 13,801.9 million |
| Growth rate | 7% (CAGR from 2022 to 2030) |
| Largest segment | Edible oil |
| Fastest growing segment | Edible Oil |
| 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, Italy accounted for 1.7% 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 Europe, Germany edible oil and fats market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 29,804.2 million by 2030.
The Italian market is primarily driven by the wide applications of edible oils and fats in the manufacturing of food products like bakery, dairy, and confectionery, as well as its industrial application in the manufacturing of paints and coatings, biodiesel, animal feeds, fatty acids, plastics additives, lubricants and greases, cosmetics, soaps, pharmaceuticals, etc. Olive oil is the most produced and consumed edible oil in Italy.
According to the Institute of Services for the Agricultural and Food Market, Italian extra virgin olive oil exports increased by about 17% to approximately USD 831 million in 2022, with a 0.3% rise in volumes exported.
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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 |
Italy 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 Italy edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2017 to 2030.
The Italian market is primarily driven by the wide applications of edible oils and fats in the manufacturing of food products like bakery, dairy, and confectionery, as well as its industrial application in the manufacturing of paints and coatings, biodiesel, animal feeds, fatty acids, plastics additives, lubricants and greases, cosmetics, soaps, pharmaceuticals, etc. Olive oil is the most produced and consumed edible oil in Italy.
According to the Institute of Services for the Agricultural and Food Market, Italian extra virgin olive oil exports increased by about 17% to approximately USD 831 million in 2022, with a 0.3% rise in volumes exported.
- Italy Edible Oil And Fats Market Product Outlook (Revenue, USD Million , 2018-2030)
- Edible Oil
- Edible Fats
- Italy Edible Oil And Fats Market Source Outlook (Revenue, USD Million , 2018-2030)
- Natural
- Synthetic
- Italy Edible Oil And Fats Market Nature Outlook (Revenue, USD Million , 2018-2030)
- Organic
- Conventional
- Italy Edible Oil And Fats Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Offline
- Online
- Italy 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 Italy Edible Oil And Fats Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Italy Edible Oil And Fats Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Italy Edible Oil And Fats Market, 2018-2030 (US$M)
Italy edible oil and fats market statistics, by product, 2017-2030 (US$M)
