The North America vegetable oil market reached a volume of 19.6 Million Tons in 2020. Vegetable oils or vegetable fats are extracted from seeds, nuts, cereal grains or fruits. They are utilized in the food industry for cooking and baking, enhancing the texture of the food products, and as a base for flavored content. They are also used as an ingredient in the production of soaps, detergents, skin products, paint, resin, candles, perfumes, and other personal care and cosmetic products.
North America vegetable oil market is currently being driven by several factors. The rising demand for convenient and processed food items, such as mayonnaise, mustard, potato chips, and French fries, is stimulating growth in the North America vegetable oil market. In addition to this, vegetable oil exhibits a plethora of health benefits, which includes reducing cardiovascular diseases, improving digestion and metabolism, and lowering cholesterol levels. Furthermore, it also acts as a source of vitamin E, omega-3 and omega-6 fatty acids, polyunsaturated, monounsaturated, and saturated fats. Apart from this, the biofuel policies in the United States have received significant consumer attention due to their positive environmental impact. These policies account for a high increase in the amount of vegetable oil being utilized in biodiesel and renewable diesel production. Looking forward, the North America vegetable oil market is expected to grow at a CAGR of 4.4% during the forecast period (2021-2026).
IMARC Group’s latest report provides a deep insight into the North America vegetable oil market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America vegetable oil industry in any manner.
Report Scope:
- North America Vegetable Oil Market
- Key Regions Analysed
- United States
- Canada
- Mexico
- Analysis for Each Country
- Market by Oil Type
- Palm Oil
- Soybean Oil
- Sunflower Oil
- Canola Oil
- Coconut Oil
- Palm Kernel Oil
- Others
- Market by Application
- Food Industry
- Biofuels
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report:
- How has the North America vegetable oil market performed so far and how will it perform in the coming years?
- What are the key regions in the North America vegetable oil market?
- What has been the impact of COVID-19 on the North America vegetable oil market?
- What is the breakup of the North America vegetable oil market on the basis of oil type?
- What is the breakup of the North America vegetable oil market on the basis of application?
- What are the various stages in the value chain of the North America vegetable oil industry?
- What are the key driving factors and challenges in the North America vegetable oil industry?
- What is the structure of the North America vegetable oil industry and who are the key players?
- What is the degree of competition in the North America vegetable oil industry?
- What are the profit margins in the North America vegetable oil industry?
Report Coverage:
- Base Year Considered: 2020
- Historical Data Coverage: 2015-2020
- Market Forecast: 2021-2026
- Currency: US$
- Geography Covered: North America, United States, Canada and Mexico
- Segments Covered: Oil Type and Application.
Report Customization: Although IMARC has tried to cover everything in the North America vegetable oil market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vegetable Oil Market
5.1 Market Performance
5.2 Market Breakup by Oil Type
5.3 Market Breakup by Application
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Vegetable Oil Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Vegetable Oil Market: Breakup by Oil Type
7.1 Palm Oil
7.2 Soybean Oil
7.3 Sunflower Oil
7.4 Canola Oil
7.5 Coconut Oil
7.6 Palm Kernel Oil
7.7 Others
8 North America Vegetable Oil Market: Breakup by Application
8.1 Food Industry
8.2 Biofuels
8.3 Others
9 North America Vegetable Oil Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Oil Type
9.1.3 Market Breakup by Application
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Oil Type
9.2.3 Market Breakup by Application
9.2.4 Market Forecast
9.3 Mexico
9.3.1 Historical Market Trends
9.3.2 Market Breakup by Oil Type
9.3.3 Market Breakup by Application
9.3.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Input Suppliers
11.3 Farmers
11.4 Collectors
11.5 Manufacturers
11.6 Distributors
11.7 Retailers
11.8 End-Consumers
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Global: Vegetable Oil Market: Volume Trends (in Million Tons), 2015-2020
Figure 2: Global: Vegetable Oil Market: Breakup by Oil Type (in %), 2020
Figure 3: Global: Vegetable Oil Market: Breakup by Application (in %), 2020
Figure 4: Global: Vegetable Oil Market: Breakup by Region (in %), 2020
Figure 5: Global: Vegetable Oil Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 6: North America: Vegetable Oil Market: Volume Trends (in Million Tons), 2015-2020
Figure 7: North America: Vegetable Oil Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 8: North America: Vegetable Oil Market: Breakup by Oil Type (in %), 2020
Figure 9: North America: Vegetable Oil (Palm Oil) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 10: North America: Vegetable Oil (Palm Oil) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 11: North America: Vegetable Oil (Soybean Oil) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 12: North America: Vegetable Oil (Soybean Oil) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 13: North America: Vegetable Oil (Sunflower Oil) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 14: North America: Vegetable Oil (Sunflower Oil) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 15: North America: Vegetable Oil (Canola Oil) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 16: North America: Vegetable Oil (Canola Oil) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 17: North America: Vegetable Oil (Coconut Oil) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 18: North America: Vegetable Oil (Coconut Oil) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 19: North America: Vegetable Oil (Palm Kernel Oil) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 20: North America: Vegetable Oil (Palm Kernel Oil) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 21: North America: Vegetable Oil (Others) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 22: North America: Vegetable Oil (Others) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 23: North America: Vegetable Oil Market: Breakup by Application (in %), 2020
Figure 24: North America: Vegetable Oil (Food Industry) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 25: North America: Vegetable Oil (Food Industry) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 26: North America: Vegetable Oil (Biofuels) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 27: North America: Vegetable Oil (Biofuels) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 28: North America: Vegetable Oil (Other Applications) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 29: North America: Vegetable Oil (Other Applications) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 30: North America: Vegetable Oil Market: Breakup by Country (in %), 2020
Figure 31: United States: Vegetable Oil Market: Volume Trends (in Million Tons), 2015-2020
Figure 32: United States: Vegetable Oil Market: Breakup by Oil Type (in %), 2020
Figure 33: United States: Vegetable Oil Market: Breakup by Application (in %), 2020
Figure 34: United States: Vegetable Oil Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 35: Canada: Vegetable Oil Market: Volume Trends (in Million Tons), 2015-2020
Figure 36: Canada: Vegetable Oil Market: Breakup by Oil Type (in %), 2020
Figure 37: Canada: Vegetable Oil Market: Breakup by Application (in %), 2020
Figure 38: Canada: Vegetable Oil Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 39: Mexico: Vegetable Oil Market: Volume Trends (in Million Tons), 2015-2020
Figure 40: Mexico: Vegetable Oil Market: Breakup by Oil Type (in %), 2020
Figure 41: Mexico: Vegetable Oil Market: Breakup by Application (in %), 2020
Figure 42: Mexico: Vegetable Oil Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 43: North America: Vegetable Oil Industry: SWOT Analysis
Figure 44: North America: Vegetable Oil Industry: Value Chain Analysis
Figure 45: North America: Vegetable Oil Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Vegetable Oil Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Vegetable Oil Market Forecast: Breakup by Oil Type (in Million Tons), 2021-2026
Table 3: North America: Vegetable Oil Market Forecast: Breakup by Application (in Million Tons), 2021-2026
Table 4: North America: Vegetable Oil Market Forecast: Breakup by Region (in Million Tons), 2021-2026
Table 5: North America: Vegetable Oil Market: Competitive Structure
Table 6: North America: Vegetable Oil Market: Key Players