Organic Edible Oil Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Germany, Canada, UK - Size and Forecast 2024-2028

Organic Edible Oil Market Size 2024-2028

The organic edible oil market size is forecast to increase by USD 4.05 billion at a CAGR of 11.8% between 2023 and 2028.

• The market is experiencing significant growth due to several key factors. One of the primary drivers is the increasing demand for trans-fat-free oils, as consumers become more health-conscious and seek alternatives to traditional oils. Another trend influencing the market is the growing influence of online retailing, which provides consumers with greater access to a wider range of organic edible oils. Premium organic oils, such as olive, coconut, and avocado, are popular choices due to their unique flavors and high nutritional value. The convenience and accessibility offered by e-commerce platforms are driving sales, particularly in regions where physical stores may be scarce. However, the availability of substitutes for organic oils, such as synthetic and processed alternatives, poses a challenge to market growth. Despite this, the market is expected to continue expanding as consumer preferences shift towards healthier and more natural food options. Organic edible oils offer numerous health benefits, making them a preferred choice for many consumers, and the market is expected to witness steady growth In the coming years.

What will be the Size of the Organic Edible Oil Market During the Forecast Period?

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• The market has experienced significant growth due to increasing consumer awareness and preference for healthier food options. These oils, rich in unsaturated fats such as monounsaturated and polyunsaturated fats, offer numerous health benefits. Vitamin E, a potent antioxidant, is abundant in organic edible oils, contributing to heart health, cholesterol-free status, and skin benefits. Omega-6 fats, essential fatty acids, are crucial for brain function, energy levels, and immune system support.

• Organic edible oils are also rich in antioxidants like beta-carotene, which provide anti-inflammatory properties and help combat health issues like asthma, eczema, and arthritis. They aid in digestion, promote healthy hair quality, and contribute to oral health. Moreover, these oils are beneficial for individuals seeking relief from acne and wounds, and have been linked to anti-cancer properties. With their nutritional value and ability to support a healthy lifestyle, organic edible oils continue to gain popularity among health-conscious consumers.

How is this Organic Edible Oil Industry segmented and which is the largest segment?

The organic edible oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Type
  • Organic soybean oil
  • Organic olive oil
  • Organic canola oil
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • APAC
    • China
  • North America
    • US
  • Europe
    • Germany
  • South America
  • Middle East and Africa

By Type Insights

• The organic soybean oil segment is estimated to witness significant growth during the forecast period.

Organic soybean oil is extracted from non-GMO, organically grown soybean seeds through a cold pressing and filtering process, free from harmful fertilizers and chemicals. The seeds are de-hulled and crushed to extract the oil using an expeller. Subsequently, the oil undergoes organic refining, bleaching, and deodorization for improved taste and flavor. This lightweight, neutral oil is preferred over inorganic soybean oil due to its clear appearance, neutral flavor, and lower price point. Organic soybean oil is widely used as a vegetable oil in cooking and food processing, as it is free from harmful additives and saturated fats commonly found in inorganic alternatives. Its health benefits include supporting heart health by lowering cholesterol levels and aiding in weight loss. Additionally, organic soybean oil enhances the immune system naturally through its rich vitamin E and phospholipid content.

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The organic soybean oil segment was valued at USD 1.07 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

• APAC is estimated to contribute 34% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The APAC region has witnessed a significant increase in demand for organic edible oils due to rising health consciousness and expanding retail sectors. Key market players are focusing on expanding product portfolios and production capacities to cater to this growing demand. Rich in Vitamin E, polyunsaturated fats, monounsaturated fats, and Omega-6 fats, these oils contribute to heart health and cholesterol-free diets. Organic edible oils are also beneficial for skin health and can withstand high temperatures without losing their properties naturally. The APAC market for organic edible oils is expected to continue its growth trajectory, driven by increasing disposable income and consumer preference for healthier food options.

Market Dynamics

Our organic edible oil market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise In the adoption of Organic Edible Oil Industry?

Increasing demand for trans-fat-free oils is the key driver of the market.

• Organic edible oils have gained significant popularity In the US market due to their numerous health benefits. These oils, rich in unsaturated fats such as monounsaturated and polyunsaturated fats, provide essential nutrients like Vitamin E, beta-carotene, and lecithin. They are cholesterol-free and offer heart health advantages by reducing cholesterol imbalances and lowering the risk of heart problems. Moreover, organic edible oils are rich in antioxidants, which help protect the body from free radicals and reduce inflammation. They offer skin benefits by providing hydration and acting as a natural protective barrier. For instance, virgin coconut oil is known for its anti-inflammatory properties and is often used for eczema treatment and wound healing.

• Furthermore, organic edible oils like sesame oil and groundnut oil are rich in omega-6 fatty acids, which are essential for immune system enhancement and energy levels. They also have anti-cancer properties and aid in digestion. Additionally, they are beneficial for oral health and contribute to arthritis relief. The extraction process of organic edible oils, such as cold-pressed, ensures the retention of essential nutrients and the absence of harmful chemicals and additives. Consumers prefer organic edible oils as part of a healthy lifestyle and for their nutritional value. They are widely available at health food stores and online retailers, including Tata Simply Better, and are used extensively in cooking for their culinary experience and overall well-being.

What are the market trends shaping the Organic Edible Oil Industry?

The growing influence of online retailing is the upcoming market trend.

• Organic edible oils have gained significant popularity In the US market due to their numerous health benefits. These oils are rich in unsaturated fats, including monounsaturated and polyunsaturated fats, omega-6 fats, and essential fatty acids. Vitamin E, a potent antioxidant, is abundant in organic edible oils, providing heart health benefits by reducing cholesterol imbalances and lowering the risk of heart problems. Moreover, organic edible oils offer skin benefits by enhancing hydration and acting as a natural protective barrier. They contain antioxidants, such as beta-carotene and lecithin, which help protect against free radicals and promote skin wellness. Additionally, these oils are beneficial for hair quality and oral health, providing anti-inflammatory properties that aid in arthritis relief, eczema treatment, and wound healing.

• Organic edible oils, such as groundnut oil, virgin coconut oil, sesame oil, and mustard oil, are extracted using cold-pressed methods to preserve their nutritional value. The absence of harmful chemicals and additives in organic oils makes them a healthier choice for individuals following a healthy lifestyle. Organic edible oils offer various nutritional benefits, including energy levels, immune system enhancement, and anti-cancer properties. They can also help manage health issues like asthma, digestion, and obesity. With the convenience of online retailers and health food stores, organic edible oils are easily accessible for consumers seeking to incorporate them into their daily routine for overall well-being.

What challenges does the Organic Edible Oil Industry face during its growth?

The availability of substitutes for organic edible oils is a key challenge affecting the industry growth.

• Organic edible oils have gained popularity In the US market due to their health benefits and nutritional value. These oils are extracted using organic methods, ensuring they are free from harmful chemicals and additives. Organic edible oils are rich in essential nutrients, including Vitamin E, polyunsaturated fats, monounsaturated fats, and Omega-6 fats. These nutrients contribute to heart health by lowering cholesterol levels, reducing inflammation, and improving overall well-being. Moreover, organic edible oils offer skin benefits by providing hydration and acting as a natural protective barrier. They also contain antioxidants, such as beta-carotene and Vitamin E, which help protect against free radicals and promote skin wellness.

• Additionally, they have anti-inflammatory properties, making them beneficial for conditions like acne, eczema, and arthritis relief. Organic edible oils also provide energy levels and anti-cancer properties. For instance, sesame oil is rich in lecithin and phospho-lipids, which help in weight loss and boost the immune system. Cold-pressed oils, such as groundnut oil and virgin coconut oil, are popular choices for their nutritional benefits and culinary experience. However, the higher production costs of organic edible oils make them pricier than their inorganic counterparts. As a result, price-sensitive consumers often opt for inorganic oils, such as peanut oil, which provides similar taste and flavor for cooking.

Exclusive Customer Landscape

The organic edible oil market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the organic edible oil market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, organic edible oil market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Adams Group
• Agronic Food Pvt. Ltd.
• Aryan International
• B and G Foods Inc.
• Black and Green
• Bunge Ltd.
• Cargill Inc.
• Catania Spagna
• Clearspring Ltd.
• Conagra Brands Inc.
• Eden Foods Inc.
• EFKO
• ENZO Olive Oil
• Nimbark Organic
• NOW Health Group Inc.
• Nutiva Inc.
• ShanCha Inc.
• The Grupo Daabon
• The Hain Celestial Group Inc.
• TIANA
• Viva Naturals Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

The market is a thriving industry, fueled by consumers' growing awareness of the health benefits associated with these natural oils. These oils, rich in essential nutrients, offer a myriad of advantages for overall well-being. Edible oils, derived from various plant sources, play a pivotal role in maintaining a healthy lifestyle. They are the primary sources of unsaturated fats, including monounsaturated and polyunsaturated fatty acids. Monounsaturated fats, such as oleic acid, are known to promote heart health by reducing bad cholesterol levels. On the other hand, polyunsaturated fats, like omega-6 and omega-3 fatty acids, contribute to heart health, brain function, and skin hydration.

Moreover, organic edible oils are rich in antioxidants, which help neutralize free radicals In the body. These antioxidants, like vitamin E and beta-carotene, protect the body from oxidative stress and contribute to immune system enhancement. They also offer anti-inflammatory properties, making them beneficial for individuals dealing with health issues like asthma and arthritis. The nutritional value of organic edible oils extends beyond heart health and immune system enhancement. They are essential for maintaining healthy energy levels and promoting weight loss. For instance, groundnut oil, derived from peanuts, is rich in energy-boosting monounsaturated and polyunsaturated fats. Similarly, virgin coconut oil is known for its weight loss properties due to its medium-chain triglycerides (MCTs), which are easily metabolized by the body.

Furthermore, organic edible oils also offer numerous skin and hair benefits. For example, sesame oil, rich in lecithin and phospho-lipids, acts as a natural protective barrier, keeping the skin hydrated and supple. Additionally, it has been used for centuries in Ayurvedic practices for wound healing and oral health. Furthermore, organic edible oils are free from harmful chemicals and additives, making them a healthier choice for consumers. Cold-pressed oils, extracted using the traditional extraction process, preserve the nutritional benefits of the oil and ensure the highest quality. The market caters to a wide range of consumer preferences and needs.

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What are the Key Data Covered in this Organic Edible Oil Market Research and Growth Report?

• CAGR of the Organic Edible Oil industry during the forecast period
• Detailed information on factors that will drive the Organic Edible Oil growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the organic edible oil market growth of industry companies

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