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    US Vegetable Oil Market

    ID: MRFR/F-B & N/14489-HCR
    128 Pages
    Snehal Singh
    September 2025

    US Vegetable Oil Market Research Report: By Type (Palm Oil, Soybean Oil, Sunflower Oil, Canola Oil, Groundnut Oil), By Application (Food Industry, Biofuels, Cosmetics, Pharmaceuticals), By Source (Edible Oils, Non-Edible Oils) and By Processing Method (Refined, Unrefined, Cold-Pressed, Expeller-Pressed) - Forecast to 2035

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    US Vegetable Oil Market Infographic
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    US Vegetable Oil Market Summary

    The US Vegetable Oil market is projected to grow from 36.7 USD Billion in 2024 to 49 USD Billion by 2035.

    Key Market Trends & Highlights

    US Vegetable Oil Key Trends and Highlights

    • The US Vegetable Oil market is valued at 36.7 USD Billion in 2024.
    • By 2035, the market is expected to reach 49 USD Billion, indicating robust growth.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 2.67%.
    • Growing adoption of sustainable agricultural practices due to increasing consumer awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 36.7 (USD Billion)
    2035 Market Size 49 (USD Billion)
    CAGR (2025-2035) 2.67%

    Major Players

    Louis Dreyfus Company, Marathon Petroleum, Andersons Inc, Bunge, Rice Bran Technologies, Crescent Oil, J.M. Smucker Co., CHS Inc, Wilmar International, Kernel Holding, Aceitera General Deheza, Cargill, Sunoco LP, Archer Daniels Midland, MGP Ingredients

    US Vegetable Oil Market Trends

    The US Vegetable Oil Market is witnessing significant trends driven by changing consumer preferences for healthier and sustainable food options. As more individuals become health-conscious, there is an increased demand for vegetable oils that are perceived as healthier compared to traditional fats. This shift is fueled by rising awareness about the health benefits associated with unsaturated fats found in oils such as olive, canola, and avocado. The growing emphasis on plant-based diets further accelerates the demand for these oils, reflecting a broader trend towards nutritional balance and lower consumption of animal fats.

    Opportunities in the market are emerging as producers innovate to meet sustainability standards and consumer preferences.Plant-based oils are gaining traction not only in food production but also in non-food applications such as cosmetics and biodiesel. This diversification showcases the potential for companies to explore new avenues and meet the rising demand for environmentally friendly and sustainable products. Additionally, advancements in oil extraction and processing technologies are optimizing production efficiency, allowing suppliers to increase output while reducing costs, further capturing market interest.

    In recent times, the market has also seen trends toward transparency and traceability in food sourcing, as consumers seek reassurance about the origins and production practices of their food.Regulations around labeling and food safety are also prompting companies to adopt clearer communication methods regarding the quality and sustainability of their vegetable oils. This trend supports the notion of accountability in the food supply chain and is expected to continue shaping consumer choices in the US Vegetable Oil Market.

    Overall, growing consumer awareness, the pursuit of sustainable practices, and advancements in technology will continue to influence the direction and dynamics of this market.

    Market Segment Insights

    US Vegetable Oil Market Segment Insights

    US Vegetable Oil Market Segment Insights

    Vegetable Oil Market Type Insights

    Vegetable Oil Market Type Insights

    The US Vegetable Oil Market is characterized by a diverse range of types, each contributing uniquely to the overall industry dynamics. The market segmentation includes various notable oils, such as Palm Oil, Soybean Oil, Sunflower Oil, Canola Oil, and Groundnut Oil, collectively catering to a wide array of consumer preferences and industrial applications.

    As one of the most widely used cooking oils, Soybean Oil holds a significant position in the market, found commonly in processed foods, salad dressings, and frying oils, which underscores its importance in the American diet and food industry.Meanwhile, Palm Oil, known for its versatility and stable properties, plays a crucial role in both food and non-food applications, with increasing demand in processed and packaged products, making it a vital player in terms of volume.

    Sunflower Oil is gaining traction owing to its favorable health attributes, being a good source of vitamin E, and is often marketed as a healthier alternative, catering to health-conscious consumers. Canola Oil, recognized for its light flavor and high smoke point, is a popular choice among professional chefs and home cooks alike for frying and baking, marking its significance in culinary uses.Groundnut Oil, traditionally used in many American households for deep frying, is noted for its strong flavor profile, contributing productively to various cuisines.

    Collectively, these types drive substantial market growth, influenced by trends such as increasing health awareness, changing dietary preferences, and rising consumption in foodservice sectors. The vegetable oil segments are further monitored for innovation and sustainability practices, as producers are increasingly focusing on environmentally friendly production methods and sourcing to meet consumer preferences for responsible purchasing.The market shows continuous adaptation toward enriching these oil types with added health benefits and flavor enhancements, setting the stage for a competitive landscape in the US Vegetable Oil Market.

    Vegetable Oil Market Application Insights

    Vegetable Oil Market Application Insights

    The US Vegetable Oil Market, particularly within the Application segment, encompasses various influential areas, notably the Food Industry, Biofuels, Cosmetics, and Pharmaceuticals. Each of these sectors demonstrates distinct characteristics, contributing to the overall market dynamics. The Food Industry remains a major consumer, driven by the increasing prevalence of health-conscious diets and the demand for plant-based oils, which are perceived as healthier alternatives.

    Biofuels are gaining traction due to the growing emphasis on renewable energy sources and sustainability, making vegetable oils crucial in achieving energy transition goals.In the Cosmetics segment, vegetable oils provide natural ingredients for formulations, catering to the rising consumer preference for organic and eco-friendly products. Pharmaceuticals leverage vegetable oils as excipients, enhancing drug formulations and delivery systems. Collectively, these applications illustrate the versatility and significance of the vegetable oil sector, underlining its role in addressing contemporary societal and industry needs, while also shaping market trends and growth drivers in the US Vegetable Oil Market.

    Vegetable Oil Market Source Insights

    Vegetable Oil Market Source Insights

    The US Vegetable Oil Market is notably divided into Edible Oils and Non-Edible Oils, which serve distinct yet equally important purposes. Edible Oils, utilized primarily in food preparation and cooking, play a crucial role in the American diet, contributing significantly to flavor, nutrition, and health. This segment holds a majority share in the market, reflecting changing consumer preferences toward healthier options, such as olive oil and avocado oil, driven by increased awareness of dietary impacts.

    On the other hand, Non-Edible Oils, often employed in industrial applications, cosmetics, and biofuels, represent a growing facet of the market, spurred by advancements in technology and rising demand for sustainable sources.The significance of both segments lies in their adaptability, catering to various consumer needs and preferences, pushing the market forward. The evolving trends in the US Vegetable Oil Market demonstrate a blend of sustainability and health, highlighting the opportunities that exist amidst challenges such as fluctuating raw material prices and regulatory scrutiny.

    With such dynamics shaping the landscape, the potential for both Edible and Non-Edible Oils continues to expand within the industry.

    Vegetable Oil Market Processing Method Insights

    Vegetable Oil Market Processing Method Insights

    The US Vegetable Oil Market segmentation by Processing Method reflects significant variation in techniques utilized to procure oil from various seeds and fruits. Within this segment, refined oils dominate market preferences due to their versatility in cooking and longer shelf life, thus appealing to both commercial and home consumers. Unrefined oils, while more flavorful and nutrient-rich, cater to a niche market focused on health and gourmet cooking, often being favored for salad dressings and dips.

    Cold-pressed oils are gaining traction as they retain more flavor and nutrients, appealing to health-conscious consumers, while expeller-pressed oils provide an efficient extraction process without chemical solvents, ensuring a more natural product.The growing awareness of health and lifestyle choices among consumers further drives the demand for these various processing methods. Overall, the diversity in processing methods helps consumers choose oils that best fit their culinary and health preparations, promoting sustained growth in the industry.

    The evolution within these subsets of the US Vegetable Oil Market showcases the dynamic preferences impacting market trends and indicates potential opportunities for product innovation and marketing strategies.

    Get more detailed insights about US Vegetable Oil Market Research Report — Forecast till 2035

    Key Players and Competitive Insights

    The US Vegetable Oil Market has evolved significantly, presenting a dynamic competitive landscape characterized by a diverse range of players and products. As health consciousness rises among consumers, there is increasing demand for various vegetable oil types including soybean, canola, palm, and corn oils, among others. The market is not only influenced by dietary preferences and trends but also by fluctuations in raw material prices, regulatory changes, and emerging sustainable practices. Competitive insights reveal that companies are focusing on innovation, product diversification, and efficient supply chain management to maintain their foothold in this evolving industry.

    This competitive arena is further intensified by the entry of new players and the strategic mergers and acquisitions aimed at enhancing market share.Louis Dreyfus Company stands out in the US Vegetable Oil Market due to its extensive trade and logistics capabilities, which bolster its supply chain efficiency. The company has established a strong presence in key vegetable oil segments, leveraging its global reach to source raw materials competitively while maintaining quality. One of its primary strengths lies in its commitment to sustainability and innovation, as it adapts to consumer preferences that increasingly favor responsibly sourced products.

    Furthermore, the company’s adeptness in navigating the complexities of the market positions it favorably to respond to shifts in demand, thereby enabling it to cater effectively to both retail and industrial markets.Marathon Petroleum has made notable strides in the US Vegetable Oil Market by diversifying its portfolio beyond traditional petroleum products to incorporate vegetable oils and biofuels. The company is recognized for its robust refining capabilities and extensive distribution network, positioning it to deliver a variety of oils suited to customer specifications.

    Marathon Petroleum's strength lies in its strategic partnerships and collaborations within the agricultural sector, which enhance its access to high-quality raw materials. Its focus on innovation extends to aligning operations with sustainable practices, such as producing renewable diesel from canola and soybean oils. The company's recent acquisitions have further solidified its market position, enabling it to leverage synergies and expand its footprint within the US vegetable oil sector. Through these efforts, Marathon Petroleum continues to enhance its competitive edge while addressing the growing consumer demand for sustainable and efficient oil solutions.

    Key Companies in the US Vegetable Oil Market market include

    Industry Developments

    The US Vegetable Oil Market has seen significant developments recently, particularly with fluctuating prices influenced by factors such as supply chain disruptions and changing consumer preferences for sustainable products. Companies like Bunge and Cargill are navigating these market dynamics by optimizing their production processes to meet rising demand. In a notable merger, Archer Daniels Midland acquired a smaller player in August 2023 to bolster its presence in specialty oils, reflecting the ongoing consolidation trend within the industry.

    Additionally, Marathon Petroleum has been focusing on expanding its biodiesel production capabilities to diversify its portfolio in line with the growing renewable energy sector. Over the past couple of years, Price increases have been notable; for example, in March 2022, prices saw a surge due to geopolitical tensions affecting grain supply. As companies like Wilmar International and J.M. Smucker Co. adapt to changing market conditions, innovations in oil extraction and processing continue to drive growth.

    Additionally, the attention to health-focused food products is pushing firms like Andersons Inc and Rice Bran Technologies to enhance their product lines, catering to the health-conscious consumer.

    Market Segmentation

    Outlook

    • Refined
    • Unrefined
    • Cold-Pressed
    • Expeller-Pressed

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 35.82(USD Billion)
    MARKET SIZE 2024 36.69(USD Billion)
    MARKET SIZE 2035 49.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 2.665% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Louis Dreyfus Company, Marathon Petroleum, Andersons Inc, Bunge, Rice Bran Technologies, Crescent Oil, J.M. Smucker Co., CHS Inc, Wilmar International, Kernel Holding, Aceitera General Deheza, Cargill, Sunoco LP, Archer Daniels Midland, MGP Ingredients
    SEGMENTS COVERED Type, Application, Source, Processing Method
    KEY MARKET OPPORTUNITIES Health-focused product innovations, Sustainable and eco-friendly oils, Emerging demand for specialty oils, Expansion of retail channels, Increasing plant-based food trends
    KEY MARKET DYNAMICS rising health consciousness, fluctuating raw material prices, increasing demand for sustainable options, strong competition among brands, regulatory influences on production
    COUNTRIES COVERED US

    FAQs

    What is the current valuation of the US Vegetable Oil Market in 2024?

    The US Vegetable Oil Market is expected to be valued at 36.69 billion USD in 2024.

    What is the expected market size of the US Vegetable Oil Market by 2035?

    By 2035, the US Vegetable Oil Market is projected to reach a valuation of 49.0 billion USD.

    What is the compound annual growth rate (CAGR) for the US Vegetable Oil Market from 2025 to 2035?

    The expected CAGR for the US Vegetable Oil Market from 2025 to 2035 is 2.665%.

    Which type of oil holds the largest market share in the US Vegetable Oil Market?

    Palm oil holds the largest market share, valued at 10.0 billion USD in 2024.

    What will be the market value of soybean oil in the US Vegetable Oil Market by 2035?

    Soybean oil is projected to reach a market value of 11.5 billion USD by 2035.

    Who are the major competitors in the US Vegetable Oil Market?

    Major players in the market include Louis Dreyfus Company, Cargill, and Archer Daniels Midland.

    What is the expected market value for sunflower oil in 2024?

    Sunflower oil is expected to be valued at 7.0 billion USD in 2024.

    What growth opportunities exist in the US Vegetable Oil Market?

    Emerging trends and increasing health consciousness present substantial growth opportunities in the market.

    How much is the groundnut oil market projected to grow by 2035?

    The groundnut oil market is expected to grow to 8.5 billion USD by 2035.

    What challenges could impact the growth of the US Vegetable Oil Market?

    Fluctuating raw material prices and changing regulations could pose challenges to market growth.

    US Vegetable Oil Market Research Report — Forecast till 2035 Infographic
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