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Premium Frying Oil Market by Type (Canola Oil, Olive Oil, Sunflower Oil, Peanut Oil, Avocado) by Distribution Channel (Online, Hypermarket/Supermarkets, Retailers, Others) : Global Industry Size, Share, Statistics and Forecast 2015 – 2027

Report ID: 11381 | Report Format : Excel, PDF

Premium Frying Oil Market Analysis

The premium frying oil market will register a high growth rate due to the health benefits of vegetable oils and the rapid growth of the processed food industry. Also, the growing size of the world’s population means that the demand for premium frying oil will continue to rise in the next decade.

premium-frying-oil-market

Oilseeds comprise one of the fastest-growing agricultural sectors and are one of the most widely traded commodities globally.

Vegetable oil is obtained by crushing oilseeds and is used mainly in culinary applications.

Over the past few decades, traditional diets have been modified, due to which more vegetable oils are being used worldwide. The premium frying oil market will thus expand steadily over the next few years.

The global Premium Frying Oil market is expected to witness a CAGR of 7.07% during the forecast period. The revenue generated by the global Premium Frying Oil market in 2020 was over USD 14,061.52 million and is expected to generate revenue worth USD 25,427.66 million in 2027. Therefore, the incremental growth opportunity offered by the global Premium Frying Oil is estimated to be USD 149 billion between 2021 and 2027.

Interesting Facts about Premium Frying Oil Industry

  • Canola, Avocado, and Olive Oils are considered as most premium frying oils
  • Premium Frying Oil lends an astonishing boost to the fried food
  • Premium Frying Oil is sometimes also used as an alternative to liquid butter
  • Olive and Canola oils contain the lowest level of linoleic acid
  • S., Italy, France, UK, and Germany are leading markets for Premium Frying Oil

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String Demand from America

Vegetable oils are being increasingly used for industrial applications as well. One of the most important applications is biofuel production. The U.S. and South America currently dominate the global production of soybeans. Malaysia and Indonesia continue to be top producers of palm oil. Australia and Canada are the major producers of canola oil.

Besides the U.S., other key players in the premium frying oil market are the EU, India, Argentina, China, and Brazil. From the demand perspective, China is one of the biggest consumers of vegetable oils, and it thus has a major influence on oilseed prices.

The Asia Pacific region is a significant consumer of vegetable oils. The rapidly expanding population, increased demand for biodiesel, urban expansion, and increasing non-food industrial applications are the critical reasons for the growth of the premium frying oil market.

A little over half of the world’s population is present in Asia. The massive population base and increasing income levels boost the demand for premium frying oils. Palm oil production is rapidly increasing due to growing palm tree plantations in Indonesia and Malaysia. Canola, soybean, and palm oil are commonly used in Asia.

Asia is also a major producer of groundnut, coconut, cottonseed, and palm kernel oil. As a result, the Asia Pacific region is the second biggest producer of oilseeds globally.

Besides olive oil, other major vegetable oils, including coconut oil, palm kernel, sesame, corn, sunflower, cotton, canola, groundnut, palm, and soybean oil, have a significant share in the premium frying oil market.

In Singapore, Thailand, and Malaysia, oleo-chemical usage and biofuels are responsible for a significant part of vegetable oil consumption. Government regulations are driving the demand for biodiesel consumption. In addition, petroleum is being increasingly substituted by palm oil to enhance sustainability and biodegradability.

The demand for premium vegetable oils is increasing in the industrial and food markets. Hence, premium frying oil will continue to have increased demand over the next decade.

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In developed nations, some of the biggest vegetable oil producers undergo vertical integration to improve their control over the supply chain. In the European market, suppliers are increasingly shifting to specialty products. Online, Hypermarket/Supermarkets, Retailers, and Others are some of the major distribution channels of Premium Frying Oil. Supermarkets and retailers dominate the sales of Premium Frying Oil with over 60% share in 2020.

Calyxt, Cargill, Wilmar International Limited, Borges International Group, Bunge Limited, Deoleo, Sunrora Foods, Archer Daniels Midland Company, and COFCO Group are some of the leading players in the global Premium Frying Oil market.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Premium Frying Oil Market

3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global Premium Frying Oil Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Distribution Channel
3.3.3.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Premium Frying Oil Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Premium Frying Oil Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Premium Frying Oil Market, by End-user, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Canola Oil
6.2.3.Olive Oil
6.2.4.Avocado
6.3.North America Premium Frying Oil Market, by Distribution Channel, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Online
6.3.3.Supermarkets/Hypermarkets
6.3.4.Retailers
6.3.5.Others

7.Europe
7.1.Europe Premium Frying Oil Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Premium Frying Oil Market, by End-user, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Canola Oil
7.2.3.Olive Oil
7.2.4.Avocado
7.3.Europe Premium Frying Oil Market, by Distribution Channel, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Online
7.3.3.Supermarkets/Hypermarkets
7.3.4.Retailers
7.3.5.Others

8.Asia Pacific
8.1.Asia Pacific Premium Frying Oil Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Premium Frying Oil Market, by End-user, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Canola Oil
8.2.3.Olive Oil
8.2.4.Avocado
8.3.Asia Pacific Premium Frying Oil Market, by Distribution Channel, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Online
8.3.3.Supermarkets/Hypermarkets
8.3.4.Retailers
8.3.5.Others

9.Latin America
9.1.Latin America Premium Frying Oil Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Premium Frying Oil Market, by End-user, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Canola Oil
9.2.3.Olive Oil
9.2.4.Avocado
9.3.Latin America Premium Frying Oil Market, by Distribution Channel, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Online
9.3.3.Supermarkets/Hypermarkets
9.3.4.Retailers
9.3.5.Others

10.Middle East
10.1.Middle East Premium Frying Oil Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Premium Frying Oil Market, by End-user, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Canola Oil
10.2.3.Olive Oil
10.2.4.Avocado
10.3.Middle East Premium Frying Oil Market, by Distribution Channel, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Online
10.3.3.Supermarkets/Hypermarkets
10.3.4.Retailers
10.3.5.Others

11.Africa
11.1.Africa Premium Frying Oil Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Premium Frying Oil Market, by End-user, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Canola Oil
11.2.3.Olive Oil
11.2.4.Avocado
11.3.Africa Premium Frying Oil Market, by Distribution Channel, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Online
11.3.3.Supermarkets/Hypermarkets
11.3.4.Retailers
11.3.5.Others

12.Global
12.1.Global Premium Frying Oil Market, by Type, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Canola Oil
12.1.3.Olive Oil
12.1.4.Avocado
12.2.Global Premium Frying Oil Market, by Distribution Channel, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Online
12.2.3.Supermarkets/Hypermarkets
12.2.4.Retailers
12.2.5.Others
13.Company Profiles
13.1.Calyxt
13.2.Cargill
13.3.Wilmar International Limited
13.4.Borges International Group
13.5.Bunge Limited
13.6.Deoleo
13.7.Sunrora Foods
13.8.Archer Daniels Midland Company
13.9.COFCO Group
13.10.Others

List of Figures

FIG. 1Global Premium Frying Oil Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Premium Frying Oil Market Segmentation
FIG. 4Global Premium Frying Oil Market, by Type, 2019 (US$ Bn)
FIG. 5Global Premium Frying Oil Market, by Distribution Channel, 2019 (US$ Bn)
FIG. 6Global Premium Frying Oil Market, by Geography, 2019 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Premium Frying Oil Market Manufacturers, 2019
FIG. 9Global Premium Frying Oil Market Value Contribution, By Type, 2020 & 2027 (Value %)
FIG. 10Global Premium Frying Oil Market, by Canola Oil, Value, 2015-2027 (US$ Bn)
FIG. 11Global Premium Frying Oil Market, by Olive Oil, Value, 2015-2027 (US$ Bn)
FIG. 12Global Premium Frying Oil Market, by Avocado, Value, 2015-2027 (US$ Bn)
FIG. 13Global Premium Frying Oil Market, by Retailers, Value, 2015-2027 (US$ Bn)
FIG. 14Global Premium Frying Oil Market, by Online, Value, 2015-2027 (US$ Bn)
FIG. 15Global Premium Frying Oil Market, by Supermarkets/Hypermarkets, Value, 2015-2027 (US$ Bn)
FIG. 16U.S. Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 17Rest of North America Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 18U.K. Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 19Germany Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 20France Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 21Italy Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 22Spain Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 23Russia Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 24BENELUX Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 25Poland Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 26Austria Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 27Rest of Europe Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 28Japan Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 29China Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 30India Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 31South Korea Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 32Australia Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 33Southeast Asia Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 34Rest of Asia Pacific Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 35Middle East & Africa Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 36South Africa Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 37Nigeria Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 38Egypt Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 39GCC Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 40Israel Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 41Latin America Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 42Mechanicalzil Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 43Argentina Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 44Colombia Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 45Peru Premium Frying Oil Market, 2015-2027 (US$ Bn)
FIG. 46Chile Premium Frying Oil Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices (Premium Frying Oil) Market
TABLE 2Global Premium Frying Oil Market, by Type, 2015-2027 (US$ Bn)
TABLE 3Global Premium Frying Oil Market, by Distribution Channel, 2015-2027 (US$ Bn)
TABLE 4Global Premium Frying Oil Market, by Geography, 2015-2027 (US$ Bn)
TABLE 5North America Premium Frying Oil Market, by Type, 2015-2027 (US$ Bn)
TABLE 6North America Premium Frying Oil Market, by Distribution Channel, 2015-2027 (US$ Bn)
TABLE 7North America Premium Frying Oil Market, by Country, 2015-2027 (US$ Bn)
TABLE 8Europe Premium Frying Oil Market, by Type, 2015-2027 (US$ Bn)
TABLE 9Europe Premium Frying Oil Market, by Distribution Channel, 2015-2027 (US$ Bn)
TABLE 10Europe Premium Frying Oil Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 11Asia Pacific Premium Frying Oil Market, by Type, 2015-2027 (US$ Bn)
TABLE 12Asia Pacific Premium Frying Oil Market, by Distribution Channel, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Premium Frying Oil Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 14Latin America Premium Frying Oil Market, by Type, 2015-2027 (US$ Bn)
TABLE 15Latin America Premium Frying Oil Market, by Distribution Channel, 2015-2027 (US$ Bn)
TABLE 16Latin America Premium Frying Oil Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 17Middle East Premium Frying Oil Market, by Type, 2015-2027 (US$ Bn)
TABLE 18Middle East Premium Frying Oil Market, by Distribution Channel, 2015-2027 (US$ Bn)
TABLE 19Middle East Premium Frying Oil Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 20Africa Premium Frying Oil Market, by Type, 2015-2027 (US$ Bn)
TABLE 21Africa Premium Frying Oil Market, by Distribution Channel, 2015-2027 (US$ Bn)
TABLE 22Africa Premium Frying Oil Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 23Wisconsin Aluminum Foundry Company, Inc.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 24Embarcadero Home Cannery: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 25Crown Packaging Corp.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments
TABLE 26Wisconsin Aluminum Foundry Company, Inc.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

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Frequently Asked Questions

How COVID 19 Impacted Premium Frying Oil Market?

Likewise other industries, COVID 19 also taken a toll on Premium Frying Oil market with around 11.84% decline in 2020 in its revenue as compare to 2019

Which is the leading regional market for Premium Frying Oil?

North America is the largest regional market with highest share in the total volume of Premium Frying Oil consumed in 2020

What is the major growth driving factors for global Premium Frying Oil market?

Ever increasing demand for healthier food and growing health awareness among end-users

Which is major segment in Premium Frying Oil market by type?

Canola oil segment dominated the Premium Frying Oil market in 2020 with over 15% share in 2020

Which is major segment in Premium Frying Oil market by distribution channel?

Supermarkets and retailers are collectively holding largest shareof Premium Frying Oil in 2020

About Author

Rajdeep Kumar Deb

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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