Market by Type and Distribution Channel | Forecast 2023-2028
Triton Market Research estimates that the market
for edible oil in the United States is set to advance at a CAGR of 3.64% and 1.68% in value and volume,
individually, throughout the forecast period 2023-2028. The market is expected to generate $XX million in terms of revenue and XX million
liters in terms of volume by 2028.
Cooking oil, or edible oil, is a type of fat
derived from plants, animals, or microorganisms. It comprises triglycerides,
namely, three fatty acids and one glycerol unit. At room temperature, edible
oils are considered safe for consumption. Edible oils such as olive oil, palm
oil, soybean oil, canola oil, and sunflower oil are majorly used to flavor
foods.
Edible oils deliver essential nutrients to the
body, such as vitamins A and D. They also act as a heat transfer medium at high
temperatures like frying. They are widely used to enhance the flavor of spreads
and salad dressings. The Food and Drug Administration (FDA) oversees the
manufacturing, packaging, and distribution of edible oils in the US.
The shifts in agricultural practices are a key
driving factor of yield evolutions. For instance, the advancements in the
agricultural sector have led to higher oilseeds yields, leading to increased
oil production. Also, the demand for food services increased post-pandemic,
fueling demand for edible oil. The cooking skills and eating habits developed
during the pandemic, with hybrid schedules soaring in edible oils demand. Along
with this, the rising disposable incomes also offer lucrative opportunities for
the studied market.
However, the pandemic-related interruptions and
the strong demand from China and India have dramatically increased cooking oil
prices worldwide. Also, the effects of climate change have led to long-term
supply pressures due to near-annual wildfires in California. With spick in
prices of labor and transportation, the cost of edible oils is expected to
increase over the forecast period, hampering the market’s development.
Triton
Market Research’s report provides in-depth insight into the United States
edible oil market, along with segmentation analysis. The detailed analysis of
the market includes PESTLE analysis and value chain analysis. The segmentation
analysis of the United States edible oil market includes market by type and
distribution channel.
The market participants in the edible oil market include ConAgra Brands
Inc, Bertolli USA Inc, B&G Foods North America Inc, ACH Food Cos Inc, and
Salov North America Corp.
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VIEW REPORT1. UNITED
STATES EDIBLE OIL MARKET - SUMMARY
1.1. MARKET
SIZE & FORECASTS
1.2. MARKET
DRIVING ASPECTS
1.3. MARKET
RESTRAINING ASPECTS
1.4. KEY
PLAYERS
2. UNITED
STATES EDIBLE OIL MARKET OUTLOOK
2.1. MARKET
DEFINITION
2.2. MARKET
SHARE ANALYSIS
2.3. BRAND
SHARE ANALYSIS
2.4. PESTLE
ANALYSIS
2.5. VALUE
CHAIN ANALYSIS
2.6. IMPACT
OF COVID-19 ON THE UNITED STATES EDIBLE OIL MARKET
3. UNITED
STATES EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE
OIL
3.2. CORN
OIL
3.3. PALM
OIL
3.4. RAPESEED
OIL
3.5. SOY
OIL
3.6. OTHER
EDIBLE OILS
4. UNITED
STATES EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL
CHANNEL
4.2. E-COMMERCE
5. COMPETITIVE
LANDSCAPE
5.1. CONAGRA
BRANDS INC
5.2. BERTOLLI
USA INC
5.3. B&G
FOODS NORTH AMERICA INC
5.4. ACH
FOOD COS INC
5.5. SALOV
NORTH AMERICA CORP
6. RESEARCH
METHODOLOGY & SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: UNITED STATES
EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: UNITED STATES EDIBLE
OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: UNITED STATES
– COUNTRY SNAPSHOT
TABLE 4: UNITED STATES
EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: UNITED STATES
EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: UNITED STATES
EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 1: UNITED STATES
EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: UNITED STATES
EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN
ANALYSIS
FIGURE 4: UNITED STATES
EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: UNITED STATES
EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: UNITED STATES
EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: UNITED STATES
EDIBLE OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: UNITED STATES
EDIBLE OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)
FIGURE 9: UNITED STATES
EDIBLE OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)
FIGURE 10: UNITED
STATES EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 11: UNITED
STATES EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 12: UNITED
STATES EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 13: UNITED
STATES EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)