North America Edible Oils Fats Market Size, Share, Trends and Forecasts 2031

Key Findings

• The North America Edible Oils and Fats Market is witnessing strong growth due to rising global food consumption, increasing population, and growing demand for processed foods.
• Growing consumer preference for healthy oils such as olive, canola, and sunflower oil is reshaping market dynamics.
• The expansion of the foodservice industry, bakery & confectionery segments, and biodiesel production is fueling demand for edible oils and fats.
• Technological advancements in oil extraction and refining, along with sustainable sourcing practices, are boosting product quality and market acceptance.
• Manufacturers are increasingly focusing on fortified, organic, and trans-fat-free variants to cater to evolving health-conscious consumers.
• Volatility in raw material prices and growing environmental concerns related to palm oil cultivation pose challenges to consistent market growth.

North America Edible Oils and Fats Market Size and Forecast

The North America Edible Oils and Fats Market is projected to reach USD 326.8 billion by 2031, growing from USD 210.4 billion in 2025 at a CAGR of 7.5%. This growth is driven by increasing urbanization, rising disposable incomes, and the expanding global food processing industry. Edible oils are essential for cooking, frying, baking, and food formulation, while fats are critical for texture, flavor, and shelf stability in processed food products. The market is also benefiting from innovations in cold-pressed and fortified oils, supporting both nutrition and sustainability trends.

Introduction

Edible oils and fats play a vital role in human nutrition, providing essential fatty acids and aiding in the absorption of fat-soluble vitamins. The market includes vegetable oils (palm, soybean, sunflower, canola, coconut, and olive oil) and animal-derived fats (butter, ghee, and lard). With an increasing shift toward plant-based and non-GMO oils, manufacturers are investing in sustainable sourcing and refining technologies. The sector’s evolution is closely linked to changing dietary habits, health awareness, and innovations in functional food development.

Future Outlook

The future of the North America Edible Oils and Fats Market will be shaped by sustainability, health trends, and functional innovation. Consumers will increasingly favor cold-pressed, fortified, and low-cholesterol oils, while food manufacturers will focus on clean-label and nutrient-enriched formulations. The use of edible oils in plant-based meat alternatives and nutraceuticals will further boost demand. Technological advancements such as enzymatic interesterification and microencapsulation will improve product stability and nutritional quality. By 2031, bio-based packaging and carbon-neutral production processes will become standard practices among leading players.

North America Edible Oils and Fats Market Trends

• Shift Toward Healthier Oils
  Increasing consumption of unsaturated fats such as olive, canola, and sunflower oil for cardiovascular health benefits.

• Rise of Cold-Pressed and Organic Oils
  Consumers prefer minimally processed oils perceived as natural and nutrient-rich.

• Sustainability in Palm Oil Production
  Growing focus on RSPO-certified palm oil to address environmental concerns.

• Integration in Processed Foods
  Rising demand in bakery, confectionery, and snack industries to enhance flavor and texture.

• Fortification and Functional Enrichment
  Addition of vitamins A, D, and E to address nutritional deficiencies.

• Growth of Online and Modern Retail Channels
  Increasing accessibility of premium oils through e-commerce and organized retail sectors.

Market Growth Drivers

• Growing Global Population and Food Demand
  Increasing food consumption patterns are driving the need for edible oils and fats across all major cuisines.

• Expanding Processed Food and Foodservice Industries
  Rising fast-food consumption and bakery production boost demand for cooking oils and shortenings.

• Health Awareness and Nutritional Innovations
  Demand for trans-fat-free and cholesterol-lowering oils supports product diversification.

• Technological Advancements in Extraction
  Innovations in cold pressing and refining enhance oil purity and flavor retention.

• Biofuel Production Using Edible Oils
  Biodiesel demand derived from soybean and palm oil contributes to market growth.

• Rising Disposable Income in Emerging Economies
  Urbanization and lifestyle upgrades drive consumption of high-quality edible oils.

Challenges in the Market

• Volatility in Raw Material Prices
  Price fluctuations in soybean, palm, and sunflower seeds affect profit margins.

• Environmental and Sustainability Concerns
  Deforestation and carbon emissions associated with palm oil production pose sustainability challenges.

• Health Risks Associated with Excessive Fat Consumption
  Overconsumption of saturated fats can hinder market expansion among health-conscious consumers.

• Regulatory Restrictions on Trans-Fats
  Stringent regulations on partially hydrogenated oils impact product formulations.

• Competition from Alternative Cooking Mediums
  Growth of air fryers and non-oil cooking techniques may slightly limit consumption growth.

• Supply Chain Disruptions
  Weather fluctuations, geopolitical tensions, and trade restrictions impact global oil availability.

North America Edible Oils and Fats Market Segmentation

By Type

• Vegetable Oils (Palm, Soybean, Sunflower, Canola, Olive, Coconut, Others)

• Animal Fats (Butter, Ghee, Lard, Tallow)

By Source

• Plant-Based

• Animal-Based

By Application

• Food Processing

• Household Cooking

• Bakery and Confectionery

• Snack Manufacturing

• Biofuel

• Others

By Distribution Channel

• Supermarkets & Hypermarkets

• Convenience Stores

• Online Retail

• Specialty Stores

• Foodservice and Industrial Supply

By End User

• Residential

• Commercial

• Industrial

Leading Key Players

• Cargill Incorporated

• Archer Daniels Midland Company (ADM)

• Wilmar International Limited

• Bunge Limited

• Olam International

• Associated British Foods plc

• Louis Dreyfus Company

• Fuji Oil Holdings Inc.

• IOI Group

• Marico Limited

• Ruchi Soya Industries Limited (Patanjali Foods Ltd.)

• Sime Darby Plantation Berhad

Recent Developments

• Wilmar International expanded its refining capacity in Asia to meet growing regional demand for vegetable oils.

• Cargill launched a sustainable palm oil initiative to achieve traceability and reduce deforestation.

• Bunge Limited partnered with local producers to develop high-oleic sunflower oil for food manufacturing.

• Marico Limited introduced a cold-pressed coconut oil line targeting health-conscious consumers.

• ADM invested in enzyme-based fat modification technology to enhance product stability and shelf life.

This Market Report Will Answer the Following Questions

1. What are the key growth drivers influencing the North America Edible Oils and Fats Market?

2. Which oil and fat segments are expected to dominate the market by 2031?

3. How are sustainability and fortification trends shaping consumer preferences?

4. What are the major challenges and opportunities for manufacturers?

5. Which companies are leading innovation and capacity expansion in this sector?