Top 12 Vegetable Oil Manufacturers Worldwide

Vegetable oil is extracted from plants, usually derived from seeds, nuts, or fruits like soybeans, sunflowers, canola, corn, or olives. It finds extensive use in cooking, especially for frying, baking, and as the base for salad dressings due to its mild flavor and high smoke point. High in unsaturated fats, vegetable oil is good for heart health if it's consumed in moderate amounts; however, the refined kinds might lose some of their nutritional value. Apart from cooking, it is also used in processed foods, cosmetics, soaps, and even in producing biodiesel, so it's really a useful and versatile product in our everyday lives.

The vegetable oil market is driven by the rising population and urbanization increases food consumption, particularly processed and packaged foods that rely heavily on vegetable oils, thus aiding the market demand. Additionally, the growing health consciousness among consumers boosts demand for oils rich in unsaturated fats, such as canola and sunflower oil, thus strengthening the demand for vegetable oil. Moreover, the increasing applications in food processing industries, including snacks, bakery, and ready-to-eat (RTE) meals, drive steady growth. Besides this, the biofuel sector significantly contributes, as vegetable oils like soybean and palm oil are key raw materials for biodiesel production. Along with this, the economic development in emerging markets leads to higher disposable income and dietary shifts toward cooking oils, thus supporting market expansion. Furthermore, the ongoing technological advancements in extraction and refining improve oil quality and extend shelf life, enhancing market acceptance. Apart from this, the global trade expansion and favorable government policies in key producing countries support production and export. Also, the consumer preference for plant-based products, aligned with vegan and vegetarian trends, increases demand. According to IMARC Group, the global vegetable oil market reached a value of USD 280.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 408.4 Billion by 2033, exhibiting a growth rate (CAGR) of 4.81% during 2025-2033.

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Top Vegetable Oil Companies and Manufacturers in the World:

The global vegetable oil market has several major players including Archer Daniels Midland Company, Astra Agro Lestari, Bunge, Cargill, Incorporated, Fuji Oil Co., Ltd., Golden Agri-Resources Ltd., KLK Alami Edible Oils (KAEO), Louis Dreyfus Company, Olam Group, Patanjali Ayurved Limited, Savola Group, Wilmar International Limited, etc.

1. Archer-Daniels-Midland Company

The Archer-Daniels-Midland Company (ADM) is a world leader in the production of protein meal, vegetable oil, maize sweeteners, flour, biodiesel, ethanol, and other products for food and feed. Oilseeds, corn, wheat, cocoa, and other agricultural products are processed for a variety of industries. The main business segments of ADM are agronomic services, oilseeds processing, corn processing, wild flavors and specialty ingredients, and more. The company is essential to global food supply chains and value-added agriculture solutions because of its diverse portfolio.

2. Astra Agro Lestari

Astra Agro Lestari is Indonesia's largest agribusiness firm, mainly involved in palm oil planting, processing, and marketing. It operates extensive oil palm estates and has mills and refineries to produce crude palm oil (CPO), palm kernel, and derivative products both locally and abroad. The company focuses on sustainable farming practices, conservation of the environment, and the development of communities. With aggressive integration throughout the palm oil chain, Astra Agro Lestari is an important contributor to satisfying world demand for vegetable oils.

3. Bunge

Bunge Limited is a well-known international food and agribusiness corporation that produces vegetable oils, processes oilseeds, and makes protein meals. It provides consumers and businesses throughout the world with packaged edible oils, grains, and food ingredients. Bunge is a vital component of global food supply chains and operates via five main segments: agribusiness, milling products, edible oil products, sugar and bioenergy, and fertilizer. The company serves the food, fuel, and feed industries while connecting farmers to markets through innovation, sustainability, and effective logistics.

4. Cargill, Incorporated

Cargill Inc. is the largest privately held corporation in the United States, specializing in agricultural products and services. The company operates globally, producing and trading grains, oilseeds, and other commodities while offering farmer services and risk management solutions. Its diverse portfolio includes animal nutrition, biofuels, meat and poultry, food ingredients, and industrial products. With a strong focus on innovation, sustainability, and supply chain integration, Cargill plays a vital role in connecting farmers, industries, and consumers across international food and agriculture markets.

5. Fuji Oil Co., Ltd.

Japan-based Fuji Oil Co., Ltd. is a leading global producer of edible oils, fats, and food ingredients. It has expertise in cocoa products, emulsified oils, soy protein, and specialty fats employed in confectionery, bakery, and processed food. Fuji Oil puts a special emphasis on research and development and produces healthier and functional foods while engaging in sustainable sourcing, especially of palm oil and cocoa. Operating globally, it is serving consumers and food manufacturers alike while balancing environmental and social responsibility with business development.

6. Golden Agri-Resources Ltd.

Golden Agri-Resources Ltd. (GAR) is a global leader in palm oil plantation with operations centered in Singapore but majorly in Indonesia. It has large oil palm plantations and an integrated supply chain, which ranges from cultivation to refining and distribution of palm products. GAR distributes edible oils, specialty fats, and biodiesel worldwide while emphasizing sustainability practices, such as deforestation-free supply chains. Through its scale and productivity, GAR is an important contributor to the global food, energy, and industrial markets.

7. KLK Alami Edible Oils (KAEO)

KLK Alami Edible Oils (KAEO) is a subsidiary of the Kuala Lumpur Kepong Berhad, which is a large Malaysian multinational plantation and agribusiness company. KAEO is focused on refining palm oil into edible oils, special fats, and oleochemicals for food, personal care, and industrial use. KAEO is well known for its quality and sustainable culture and provides products to both local and global markets. Through its use of combined upstream and downstream operations, the business is very much a part of KLK's global leadership in palm oil.

8. Louis Dreyfus Company B.V.

Earlier known as Louis Dreyfus Commodities BV, Louis Dreyfus Company B.V. is an agricultural product processing company that processes agricultural products and metals. It is engaged in the production of raw and agricultural industrial materials, processing and refining of food products, storing and transportation of commodities, and researching and merchandising. The company’s product portfolio includes oilseeds, grains, rice, sugar, metals, fertilizers and inputs, dairy, cotton, freight, juice and coffee. Besides this, the company also offers foreign exchange risk management support services for commodity platforms.

9. Olam Group

Olam Group, with its head office in Singapore, is a global food and agribusiness leader with operations in over 60 countries. It engages in sourcing, processing, and distribution of agricultural commodities including cocoa, coffee, edible nuts, spices, rice, wheat, and vegetable oils. Olam is focused on sustainability, traceability, and innovation, creating resilient supply chains that positively impact farmers and consumers alike. With its convergent operations and differentiated products, Olam supplies food makers, retailers, and consumers across the globe, leading as a player in food security globally.

10. Patanjali Ayurved Limited

India-based Patanjali Ayurved Limited is a rapidly expanding FMCG and wellness business started by yoga guru Baba Ramdev and Acharya Balkrishna. The group makes products across a broad portfolio of products such as edible oils, Ayurvedic and herbal medicines, personal care, food, and household care with natural and Ayurvedic ingredients. Patanjali focuses on affordability, health, and local manufacturing, which appeals to Indian consumers. By retailing traditional products with contemporary distribution, Patanjali has emerged as a major player in India's FMCG and vegetable oil industry.

11. Savola Group

Savola Group, based in Saudi Arabia, is a top food and retail organization in Central Asia, North Africa, and the Middle East. It is a high-volume producer of pasta, sugar, and edible oils, and its brands are well known throughout the region. The group runs retail supermarkets through its subsidiary Panda, catering to millions of consumers. Savola emphasizes innovation, quality, and environmentally sound business. With deep regional reach and diversified operations, it has an important influence on the food sector.

12. Wilmar International Limited

Wilmar International Limited is engaged in business activities, such as oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleochemicals, biodiesel and fertilizers, and rice and flour milling. Its major segments include Tropical Oils, Sugar and Others. It produces nitrogen, phosphorus and potassium (NPK) compound fertilizers and is also engaged in the merchandising of straight fertilizers, such as potash, phosphate and nitrogen, and trace element products. It is involved in the processing, refining, selling and distribution of oilseeds products, such as soybean oil and meal, sunflower seed oil and meal, cottonseed oil and meal, canola oil and meal, peanut oil, and corn.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the global vegetable oil market and regional North America, which has enabled the clients to set up and expand their businesses successfully.