Edible oils and fats market seen reaching $445.31 billion by 2030

The global edible oils and fats market is projected to grow from $327.11 billion in 2025 to $347.31 billion in 2026, with demand for processed foods, healthier oils and plant-based fats driving the expansion. The Business Research Company expects the market to reach $445.31 billion by 2030 as Asia-Pacific leads regional growth.

Why it matters: - The edible oils and fats market sits inside food manufacturing, home cooking and foodservice, so its growth tracks broader demand for packaged, baked and prepared foods. - Rising interest in healthier oils, clean-label products and sustainable sourcing is reshaping what manufacturers sell and how they source ingredients.

What happened: - The Business Research Company released its Edible Oils and Fats Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on July 1, 2026. - The report projects the market will rise from $327.11 billion in 2025 to $347.31 billion in 2026, a 6.2% compound annual growth rate. - The same report forecasts the market will reach $445.31 billion by 2030, growing at a 6.4% CAGR over the period. - The report includes a free sample download: Download the sample report. - The full report is available here: View the full market report.

The details: - Edible oils and fats are lipids from plant or animal sources that are safe to consume and used in cooking, food processing and food formulation. - The products add energy, texture and flavor to food. - Major uses include cooking oils, margarine, bakery goods and processed foods. - Market growth in the near term is tied to demand for processed and convenience foods, greater use of vegetable oils in home cooking, and higher bakery and confectionery production. - Quick service restaurants and foodservice chains are also adding demand. - Industrial demand for margarine and shortening is contributing to the market expansion. - The forecast period is supported by demand for healthier, low-cholesterol oils. - Specialty and functional edible oils are a major innovation focus. - Sustainable and traceable sourcing practices are becoming more important. - Plant-based fats are gaining ground in food manufacturing. - Premium and organic edible oil products are seeing stronger demand. - Key trends include cold-pressed and minimally processed oils, plant-based and trans fat-free fats, fortified oils with vitamins and omega fatty acids, blended oils, clean-label products and organic options. - In January 2024, the U.S. Department of Agriculture said food expenditures accounted for 12.9% of average household spending in 2023, up from 12.8% a year earlier.

Between the lines: - The growth story is less about one product category and more about changing consumption habits across retail, foodservice and industrial food production. - Asia-Pacific held the largest share of the market in 2025 and is expected to be the fastest-growing region during the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa, signaling that growth is broad-based rather than confined to one geography. - The move toward cleaner labels and healthier fats suggests manufacturers are responding to both nutrition concerns and consumer willingness to pay for premium products.

What's next: - The market is expected to keep expanding through 2030 as healthier formulations, functional oils and sustainable sourcing become more common. - Asia-Pacific is likely to remain the main growth engine if current regional trends continue. - The Business Research Company also highlighted expanded 2026 report features, including market attractiveness scoring, TAM analysis, company scoring matrices, Excel forecasting dashboards, market hotspot infographics and updated graphics and tables.

The bottom line: - Edible oils and fats remain a core food-industry input, and the market’s next phase of growth is being driven by health, convenience and plant-based demand.