Soy Oil & Palm Oil Market, Global Outlook and Forecast 2023-2029

Soy oil or soybean oil is a vegetable oil extracted from the seeds of the soybean. Palm oil is an edible vegetable oil derived from the reddish pulp of the fruit of the oil palms. Food industry is the major consumer of soy oil. Apart from food industry, soy oil has application in resin & plastic, biofuels, paint & varnish, production of fatty acids, and other non-food uses such as drying oil.
This report aims to provide a comprehensive presentation of the global market for Soy Oil & Palm Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Soy Oil & Palm Oil. This report contains market size and forecasts of Soy Oil & Palm Oil in global, including the following market information:
Global Soy Oil & Palm Oil Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Soy Oil & Palm Oil Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Soy Oil & Palm Oil companies in 2022 (%)
The global Soy Oil & Palm Oil market was valued at US$ 74620 million in 2022 and is projected to reach US$ 95200 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Palm Oil Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Soy Oil & Palm Oil include Cargill, T Astra Agro Lestari Tbk, Wilmar International, Malaysian Palm Oil Council (MPOC), Carotino, Yee Lee Corporation, IOI Corporation Berhad, Archer Daniels Midland and Bunge, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Soy Oil & Palm Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Soy Oil & Palm Oil Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Soy Oil & Palm Oil Market Segment Percentages, by Type, 2022 (%)
    Palm Oil
    Soy Oil
Global Soy Oil & Palm Oil Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Soy Oil & Palm Oil Market Segment Percentages, by Application, 2022 (%)
    Food
    Feedstuff
    Personal Care and Cosmetics
    Biofuel
    Pharmaceutical
    Others
Global Soy Oil & Palm Oil Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Soy Oil & Palm Oil Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Soy Oil & Palm Oil revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Soy Oil & Palm Oil revenues share in global market, 2022 (%)
Key companies Soy Oil & Palm Oil sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Soy Oil & Palm Oil sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Cargill
    T Astra Agro Lestari Tbk
    Wilmar International
    Malaysian Palm Oil Council (MPOC)
    Carotino
    Yee Lee Corporation
    IOI Corporation Berhad
    Archer Daniels Midland
    Bunge
Outline of Major Chapters:
Chapter 1: Introduces the definition of Soy Oil & Palm Oil, market overview.
Chapter 2: Global Soy Oil & Palm Oil market size in revenue and volume.
Chapter 3: Detailed analysis of Soy Oil & Palm Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Soy Oil & Palm Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Soy Oil & Palm Oil capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.