Global Hydrogenated Vegetable Oil Market Overview
Hydrogenated Vegetable Oil market size was valued at USD 36.35 billion in 2024. The global Hydrogenated Vegetable Oil market industry is projected to grow from USD 38.69 billion in 2025 to USD 72.44 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.72% during the forecast period (2025 - 2035).
The factors that are driving the growth of the global market are Healthier Cooking Oil Alternatives and Technological Advancements in Processing and Growing Popularity of Plant-Based Diets.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Global Hydrogenated Vegetable Oil Market Trends
- Healthier Cooking Oil Alternatives
As consumers become more aware of the health implications of their dietary choices, there has been a marked shift towards oils that are perceived as healthier. Traditional hydrogenated oils have been criticized for their trans-fat content, which is linked to various health issues, including heart disease. In response, many consumers are seeking alternatives such as olive oil, avocado oil, and coconut oil, which offer better nutritional profiles. For instance, olive oil is rich in monounsaturated fats and antioxidants, making it a preferred choice for health-conscious individuals.
Hydrogenated vegetable oils, often used in processed foods, have been scrutinized due to their association with heart disease and other health issues. Trans fats, a byproduct of hydrogenation, have been linked to increased cholesterol levels and cardiovascular risks. Consequently, many countries have implemented regulations to limit or ban trans fats in food products. For instance, the U.S. Food and Drug Administration (FDA) has declared that partially hydrogenated oils are no longer "generally recognized as safe" for human consumption. This regulatory environment is pushing food manufacturers to reformulate their products using healthier alternatives.
The search for healthier cooking oils has led to the development of several alternatives that are gaining traction in both consumer markets and food production. Some notable substitutes include:
- Olive Oil: Rich in monounsaturated fats and antioxidants, olive oil is celebrated for its heart health benefits.
- Coconut Oil: Known for its medium-chain triglycerides (MCTs), coconut oil offers quick energy and antimicrobial properties.
- Avocado Oil: High in monounsaturated fats and vitamins E and K, avocado oil is versatile and has a high smoke point, making it suitable for various cooking methods.
- Flaxseed Oil: Packed with omega-3 fatty acids, flaxseed oil is ideal for dressings but should not be heated.
Recent developments in the industry include the introduction of new plant-based fat substitutes that mimic the texture and flavor of traditional fats while reducing unhealthy components. For example, Kerry Group launched SucculencePB, a plant-based meat substitute that significantly reduces fat content while enhancing flavor.
Consumer behavior is shifting towards transparency and health-conscious choices. As a result, there is a rising demand for "clean label" products made with natural ingredients without artificial additives. This trend is influencing food manufacturers to reformulate their products using healthier oils that align with consumer expectations for nutrition and sustainability. The environmental impact of oil production is also a critical factor in purchasing decisions. Oils derived from sustainable practices are increasingly favored, as consumers are more aware of the ecological footprint of their food choices.
Global Hydrogenated Vegetable Oil Market Segment Insights
Global Hydrogenated Vegetable Oil Market by Source type Insights
Based on Source type, the Global Hydrogenated Vegetable Oil market has been segmented into soybean oil, palm oil, sunflower oil, cottonseed oil, and rapeseed/canola oil. The Soyabean Oil segment held the largest market share in 2024, and the Sunflower Oil segment is the fastest-growing segment during the forecast period (2025 -2035).The common ingredients in the food and industrial sectors are hydrogenated vegetable oil, which is a product of soybean oil. This oil is created through a process known as hydrogenation, where hydrogen atoms are added to the unsaturated fatty acids, making it semi-solid or solid.
This surcharge improves the stability of the oil and increases its resistance to oxidation while making it suitable for a variety of applications. Due to its easy procurement, cheaper rates, and nutritional value, soybean oil is the most used oil for hydrogenation. Hydrogenated soybean oil can be found in margarine, shortening, baked goods, snack items, and within the food industry.
FIGURE 2: GLOBAL HYDROGENATED VEGETABLE OIL MARKET, BY SOURCE TYPE, 2024 & 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Global Hydrogenated Vegetable Oil Market by Type Insights
Based on by type, the global Hydrogenated Vegetable Oil market has been segmented into fully hydrogenated oils, partially hydrogenated oils (PHOS), and interesterified oils. The Fully Hydrogenated Oils segment held the largest market share in 2024, and the Fully Hydrogenated Oils segment is the fastest-growing segment during the forecast period (2025 -2035).Vegetable oils that have gone through the full hydrogenation processes are referred to as fully hydrogenated oils. The full hydrogenation process entails the application of heat to the oil’s fatty acid molecules hile applying high pressure to it, hich consequently adds hydrogen molecules to the fatty acid molecules, which alters it into unsaturated fatty acid.
Trans fats are the products that are formed when saturated fatty acids are subjected to severe heat. It alters the structure of the fully hydrogenated oil, converting it into a semi-solid state while increasing its resistance to being oxidized. This increases its longevity and durability, making the brewed oil very appropriate for use in fast food like crackers, cookies, and pastry desserts. It is also used in confectionary coatings and margarine and excludes products called shortening.
Global Hydrogenated Vegetable Oil Market Acne by Function Insights
Based on by Function, the global Hydrogenated Vegetable Oil market has been segmented by stabilizer, texturizer, and thickening agents. The Stabilizer segment held the largest market share in 2024 and is the fastest-growing segment during the forecast period (2025 -2035).To prolong shelf life, preserve consistency, and avoid component separation, hydrogenated vegetable oils are frequently employed as stabilizers in a variety of goods. These oils maintain the consistent mixing of water and oil components in products such as sauces, salad dressings, and margarine by stabilizing emulsions in culinary applications.
As a result of their resistance to oxidation, processed foods maintain their flavor and quality over time by avoiding rancidity. Doughs and batters in baked goods are stabilized by hydrogenated oils, which enhance texture and prolong freshness. Particularly fully hydrogenated oils are very stable in the presence of heat and light, which makes them perfect for uses involving prolonged heating or storage.
Global Hydrogenated Vegetable Oil Market by End User Insights
Based on by End User, the global Hydrogenated Vegetable Oil market has been segmented food & beverage, residential/retail, pharmaceutical, cosmetics & personal care, and others. The Food & Beverages segment held the largest market share in 2024, and the Cosmetics & Personal Care segment is the fastest-growing segment during the forecast period (2025 -2035).Hydrogenated vegetable oils are widely used in the food and beverage industry for their ability to improve the texture, stability, and shelf life of various products. Fully hydrogenated oils and interesterified fats are added into margarine, baked goods, spreads, and confectionery items.
If solid or semi-solid, the range of melting points reinforces the strength of these products, giving a consistency that remains normal throughout the product’s durability period. Foods like margarine, cookies, and pastries used to be favorite in the market due to the sweetness from partially hydrogenated oil (PHO), used to extend the period of flakes texture. Due to the negative trans-fat-health associated risks, these foods were regulatory banned in many countries and this led to the switch to fully hydrogenated and Others.
Global Hydrogenated Vegetable Oil Market Distribution Channel Insights
Based on distribution channel, the global Hydrogenated Vegetable Oil market has been segmented into direct and indirect. The direct segment held the largest market share in 2024, and the direct segment is the fastest-growing segment during the forecast period (2025 -2035).The direct distribution channel involves selling hydrogenated vegetable oils directly from manufacturers to end users, such as food manufacturers, pharmaceutical companies, and cosmetic producers.
This channel eliminates intermediaries, enabling manufacturers to establish a direct relationship with their customers and maintain better control over pricing, quality, and delivery timelines. In the food and beverage sector, large-scale manufacturers prefer direct distribution as it ensures consistent supply and tailored products to meet their specific requirements. For instance, a bakery producing a high volume of pastries might require bulk shipments of fully hydrogenated oils with customized melting points or textures.
Global Hydrogenated Vegetable Oil Market Regional Insights
Based on the region, the global Hydrogenated Vegetable Oil market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest market share in 2023 and is anticipated to reach during the forecast period. However, Asia-Pacific is projected to grow at the highest CAGR during the forecast period.
The North American market for hydrogenated vegetable oil (HVO) is particularly noteworthy as it is used in food, personal care, and industrial sectors. In the food industry, HVO is a direct substitute for butter and other animal fats. It is used in the preparation of baked goods, confectionery products, and packaged food snacks due to its favorable texture and extended life span. Since there has been an ever-increasing trend in the consumption of fast and processed foods in North America, this has resulted in the increased utilization of HVO amongst manufacturers who want products with longer shelf life.
However, there is growing concern among consumers regarding trans fats and their harmful effects on one’s health attracting the attention of regulatory bodies the likes of which include the FDA to deal with these concerns through measures such as restrictions on the use of partially hydrogenated oils.
Further, the major countries studied are: The US, Canada, Brazil, Germany, France, the UK, Italy, Spain, China, India, Japan, South Korea, and Australia.
FIGURE 3: GLOBAL HYDROGENATED VEGETABLE OIL MARKET, BY REGION, 2024 & 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The European market for hydrogenated vegetable oil (HVO) has been witnessing growth, driven by various factors such as increasing demand for healthier and more sustainable food products, along with the growing adoption of hydrogenated oils in industrial applications. The food sector applies hydrogenated vegetable oil for preparing margarines, confectionaries, baked products, and snacks because of its desirable qualities, which include enhancement in texture and extended self-life. However, the trend for healthier oils and fats has made the scrutiny of hydrogenated oils, which trans-fat is a component of, more prevalent. Consequently, several EU countries have been working on reducing the use of trans fats, which has also stimulated progress in the development of healthier types of hydrogenated vegetable oils such as zero trans fats oils. The European Union (EU) has taken the lead in the regulation of trans fats consumption.
The Asia Pacific market for hydrogenated vegetable oil (HVO) is shaped by its versatile applications in food, industrial, and personal care sectors. In the region, the food industry accounts for most of HVO demand, which is on the rise with an increase in the demand for convenience and processed foods. The hydrogenated vegetable oil is a key ingredient in the preparation of margarine, baked products, confectioneries and snacks, and dried foods due to its prolonging effects and improving consistency. The middle-class societies in India, China, and Indonesia with changing eating styles are also some of the most HVO consumers. Population increases and rapid pace of life in the densely populated countries make those people more fond of packaged and fast foods, which lead to market growth. Apart from food products, HVO is also essential in the cosmetics and personal care industries. Moreover, Soyabean Oil held the largest market share in 2024, and Sunflower Oil is the fastest growing market in the Asia-Pacific region.
The market of hydrogenated vegetable oil (HVO) in South America is influenced by its demand in the food, industry, and personal care markets. The region's food industry, which is a large consumer of HVO, uses it in the development of baked goods, confectioneries, margarines, and snack foods due to its effectiveness and relative cheapness. Brazil and Argentina, where the food processing industry is advanced, are also key markets that help maintain the demand. The availability and cost-effectiveness of hydrogenated vegetable oils make them suitable for producing manufacturers supplying the rising demand of processed and packed food in South America. Urbanization increases in income, and the middle class have also increased the demand for convenience foods and hence the constant demand for HVO. In the personal care and cosmetics industry, HVO forms the basis of many products because of its stabilizing and emulsifying benefits.
The Middle East and Africa (MEA) market for hydrogenated vegetable oil (HVO) is shaped by its extensive applications in food production, personal care products, and industrial uses. In the food sector, HVO is a key ingredient in the preparation of baked goods, confectioneries, margarine, and packaged snacks due to its cost-effectiveness and ability to extend shelf life. The region's growing urban population and increasing demand for processed and convenience foods are driving the demand for HVO. Countries like Saudi Arabia, the United Arab Emirates, and South Africa are witnessing significant growth in their food processing industries, spurred by rising disposable incomes and a shift toward modern dietary habits. As a result, hydrogenated vegetable oil remains a critical component for food manufacturers aiming to cater to these changing consumer preferences.
Global Hydrogenated Vegetable Oil Market Key Market Players & Competitive Insights
The Global Hydrogenated Vegetable Oil Market is distinguished by the presence of numerous regional and local players catering to the Global Hydrogenated Vegetable Oil Market. Furthermore, the growing prevalence of acne across the globe, topical treatments gaining popularity, increasing product launch approval are driving the global Hydrogenated Vegetable Oil market. Furthermore, voluntary product recall by market players, stringent regulatory policies, and side effects and safety concerns across the globe are boosting the growth of the market.
The major players in the market include ADM (Archer Daniels Midland Company), AAK, BASF, Croda International Ltd, Bunge Limited, Louis Dreyfus Company (LDC), Clariant International Ltd, Kahl World, The Innovation Company, Wilmar International Limited are among the others. The Global Medical Polyethylene Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.
Key Companies in the Global Hydrogenated Vegetable Oil Market include.
- ADM (Archer Daniels Midland Company)
- AAK
- BASF
- Croda International Ltd
- Bunge Limited
- Louis Dreyfus Company (LDC)
- Clariant International Ltd
- Kahl World
- The Innovation Company
- Wilmar International Limited
- Pharmaceutical Excipients Industry Developments
March 2023: ADM continues to expand its portfolio of hydrogenated vegetable oils tailored for personal care and cosmetic applications. Their fully and partially hydrogenated vegetable oils are designed to offer texturizing, binding, and emollient properties, serving as sustainable alternatives to mineral-based products. These ingredients are aligned with industry imperatives for sustainable sourcing and natural origin, catering to the growing consumer demand for eco-friendly and ethically sourced products.
December 2022: BASF has introduced Euperlan® NL Pearl, a wax-based pearlizer for personal care products. This ingredient is composed of naturally derived components, including hydrogenated vegetable oil, cocamidopropyl betaine, and glycerol oleate. It is readily biodegradable and suitable for certified natural cleansing concepts according to COSMOS standards, as well as for EO and sulfate surfactant-free solutions. Euperlan® NL Pearl is easy to formulate and cold processable, making it a versatile addition to personal care formulations.
November 2024: Clariant has developed VitiPure HCO, obtained by hydrogenation of castor oil. This ingredient is hydrophobic in nature and is utilized in various personal care applications, offering emollient properties and contributing to the sustainability of cosmetic formulations.
Global Hydrogenated Vegetable Oil Market Segmentation
Global Hydrogenated Vegetable Oil Market by Source Outlook
- Soybean Oil
- Palm Oil
- Sunflower Oil
- Cottonseed Oil
- Rapeseed/Canola Oil
Global Hydrogenated Vegetable Oil Market by Type Outlook
- Fully Hydrogenated Oils
- Partially Hydrogenated Oils (PHOS)
- Interesterified Oils
Global Hydrogenated Vegetable Oil Market by Function Outlook
- Stabilizer
- Texturizer
- thickening agent
Global Hydrogenated Vegetable Oil Market by End User Outlook
- food & beverage
- residential/retail
- pharmaceutical
- cosmetics & personal care
- others
Global Hydrogenated Vegetable Oil Market Distribution Channel Outlook
Global Hydrogenated Vegetable Oil Market Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia & New Zealand
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC Countries
- Turkey
- Northern Africa
- Southern Africa
Report Attribute/Metric
|
Details
|
Market Size 2024
|
USD 36.35 billion
|
Market Size 2025
|
USD 38.69 billion
|
Market Size 2035
|
USD 72.44 billion
|
Compound Annual Growth Rate (CAGR)
|
6.72 % (2025-2035)
|
Base Year
|
2024
|
Forecast Period
|
2025-2035
|
Historical Data
|
2019 to 2023
|
Forecast Units
|
Value (USD Billion)
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
Segments Covered
|
by Source, by Type, by Function, by End User, by Distribution Channel, and Region
|
Geographies Covered
|
North America, Europe, Asia Pacific, South America, and Middle East and Africa
|
Countries Covered
|
The US, Canada, Mexico, Germany, UK, Italy, Spain, France, China, Japan, India, South Korea, Australia & New Zealand, Brazil, Argentina, GCC Countries, Turkey, Northern Africa, Southern Africa.
|
Key Companies Profiled
|
ADM (Archer Daniels Midland Company), AAK, BASF, Croda International Ltd, Bunge Limited, Louis Dreyfus Company (LDC), Clariant International Ltd, Kahl World, The Innovation Company, Wilmar International Limited and others
|
Key Market Opportunities
|
·        Use As Excipients in Drug Formulations
·        Biodiesel Production
|
Key Market Drivers
|
·        Healthier Cooking Oil Alternatives
·        Technological Advancements in Processing
·        Growing Popularity of Plant-Based Diets
|
Frequently Asked Questions (FAQ) :
The global Hydrogenated Vegetable Oil market is anticipated to reach 72.44 billion by 2035 at a CAGR of 6.72% during the forecast period of 2025-2035.
The US held 88.15% share of North America for the global Hydrogenated Vegetable Oil market in 2024.
The global Hydrogenated Vegetable Oil market is expected to grow at a 6.72% CAGR during the forecast period from 2025 to 2035.
The North America regional market held the largest market share in the global Hydrogenated Vegetable Oil market.
The key players include ADM (Archer Daniels Midland Company), AAK, BASF, Croda International Ltd, Bunge Limited, Louis Dreyfus Company (LDC), Clariant International Ltd, Kahl World, The Innovation Company, Wilmar International Limited and others.
The topical of therapeutic type segment led the global Hydrogenated Vegetable Oil market in 2024.