The global salad oil market is projected to reach approximately US$348 billion in revenue by 2032, up from US$177 billion in 2022, and to grow at a CAGR of 6.9% over the forecast period (2022-2032). .
Demand for salad oil is gaining momentum as consumer behavior and eating habits change from serving the same number of dishes to new food variants and a wide variety of tastes.
Salad oil is used in food processing industry mainly, in the preparation of salad dressing, bakery mixes, mayonnaise, and also for pizza crust. In household, hotels, and restaurants, salad oil is used for salad dressing preparation as well as preparing cold dishes, such as, bread dips and drizzling over food.
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Health Benefits Offered by the Salad Oil Consumption is Propelling the Global Salad Oil Market
The global salad oil market is mainly driven by the increasing consumption of processed food products such as mayonnaise, salad dressings, etc. Mayonnaise and salad dressing products being first originated in the European region are consumed on a large scale in European countries. And since the adoption of European food culture worldwide is increasing, salad consumption and introduction, such as antipasto, have increased enormously. And in turn, the demand for salad oil is surging in the global market.
Polyphenols have antioxidant property, and have been discussed to reduce the risk of diabetes, cardiovascular problems, and neurodegenerative diseases. Since the prevalence of diabetes, obesity, cardiovascular diseases, etc. is increasing in the world, health-conscious populace is also increasing. The rise in the health consciousness around the globe is increasing the opportunity for healthy products, including salad oil. This is driving the global salad oil market.
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Salad Oil Market: Regional Analysis
Currently, the global salad oil market is majorly occupied by the North American and European region due to the regular consumption of salad and salad dressing products such as salad oil. In the Asia Pacific and the Middle East and African region, due to the changing food culture and eating habits, salad oil demand is on the surging.
Additionally, due to the increasing middle-class population and middle-class population income is creating a positive scenario in the global salad oil market, since the purchasing power of the customer is increasing in these regions.
Salad Oil Market: Key Participants
Some of the market participants in the salad oil market are:
Trio Agencies
Melrose Plc
Bio Planete F.J. Moog SAS
Salad Oils International Corporation
Cargill Inc.
PYCO Industries
Avatar Corporation
COFCO Corporation
Sovena Group
Stratas Foods
Maeva Group International
The research report presents a comprehensive assessment of the salad oil market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as nature, sources, end use, and distribution channel.
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Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Salad Oil Market Segmentation
The salad oil market can be segmented on the basis of nature, Sources, end use, and distribution channel.
On the basis of nature, the salad oil market can be segmented as:
Organic
Conventional
On the basis of sources, the salad oil market can be segmented as:
Peanut Oil
Corn Oil
Cottonseed Oil
Soybean Oil
Sunflower Oil
Canola Oil
Olive Oil
On the basis of end use, the salad oil market can be segmented as:
Food Processing
HoReCa/Household
On the basis of distribution channel, the salad oil market can be segmented as:
Direct Sales Channel/B2B
Indirect Sales Channel/B2C
Hypermarket/Supermarket
Online Retail
Specialty Store
Convenience Store
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