GITNUX MARKETDATA REPORT 2024
Specialty Oils Industry Statistics
The specialty oils industry is projected to experience steady growth over the next few years driven by increasing demand for healthy and high-quality oils.
In this post, we explore key statistics shaping the global specialty oils industry, offering insights into market trends, regional dynamics, major players, and consumer preferences. From projected market values to growth drivers and emerging trends, these statistics provide a comprehensive overview of the current landscape and future prospects of the specialty oils sector.
Statistic 1
"The global specialty oil market is projected to reach $16.92 billion by 2025, at a CAGR of 6.3% during the forecast period 2019-2025."
Statistic 2
"The Asia-Pacific region is expected to hold the largest market share for specialty oils industry in the coming years."
Statistic 3
"Palm oil accounted for the largest market share of 32.2% in the special edible oils segment in 2019."
Statistic 4
"Specialty oils from corn and sunflower are expected to register the fastest growth over the forecast period with a CAGR of 5.9%."
Statistic 5
"The consumption of specialty oils in the food industry was the highest across other industries in 2019."
Statistic 6
"The olive oil segment is projected to grow at the highest CAGR, at 7.1% during the forecast period 2019-2025."
Statistic 7
"Cultivation and extraction difficulties contributed to a higher price for specialty oils, making them a high-value market."
Statistic 8
"The European specialty oils market was valued at $3.9 billion in 2019 and is projected to grow at a CAGR of 5.5% from 2020 to 2025."
Statistic 9
"Growing consumer preference for plant-derived products is a major driving factor for the specialty oils market."
Statistic 10
"Avocado specialty oil, despite its cost, is gaining market share due to its health benefits."
Statistic 11
"The demand for specialty oils in cosmetics is expected to grow at a CAGR of 5.2% during the forecast period 2019-2025."
Statistic 12
"Among types, specialty crop oils like soybean, canola and sunflower are expected to account for around 35% of the overall market by 2023."
Statistic 13
"Mediterranean countries constituted 68% of the world's production of olive oil in 2020, a major segment of the specialty oils market."
Statistic 14
"Organic specialty oils are gaining popularity with a CAGR of 8.5% due to the growing trend for organic and non-GMO products."
Statistic 15
"The specialty oils market in Middle East and Africa is expected to grow at a CAGR of 6% by 2025, driven by the rising demand in the food industry."
Statistic 16
"In 2019, Bunge Limited, a key player in the specialty oils industry, reported net sales of $41.14 billion."
Statistic 17
"The specialty oils market experienced a slowdown in 2020 due to the impact of COVID-19 on global supply chains but is projected to recover via online sales."
Jannik Lindner
Can You Trust Our Report?
The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
