Fortified Edible Oil Market Report 2025 (Global Edition)

Global Fortified Edible Oil Market Report 2025 Market Size Split by Product Type (Palm Oil, Soybean Oil, Sunflower Oil, Olive Oil, Corn Oil, Canola Oil, Rice Bran Oil, Other Oils), by Micronutrient (V...

Fortified Edible Oil Market Report Description

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Fortified Edible Oil Market Insights Video

Competitive Landscape of the Fortified Edible Oil Market

In the fortified edible oil market competitive landscape, numerous key competitors are driving innovation and growth. Companies focus on expanding their global reach and forming strategic partnerships. Key players focus on sustainability, diversifying product portfolios, and strategic partnerships to adapt to changing consumer demands.

November 2021: In 2021, Cargill acquired an edible oil refinery located in Nellore in Andhra Pradesh India. Cargill's US$ 35 Mn investment to acquire and upgrade the facility significantly expanded its edible oil production capacity and footprint in southern India and strengthened its existing supply chain to meet growing customer demand. (Source: https://m.economictimes.com/industry/cons-products/food/cargill-acquires-edible-oil-refinery-located-in-nellore/articleshow/88007182.cms)

Top Companies Market Share in Fortified Edible Oil Industry: (In no particular order of Rank)

• Bunge Limited
• Nestlé S.A.
• Conagra Brands
• Inc.
• Adani Wilmar Limited
• Ruchi Soya Industries Ltd.
• Borges International Group
• Allanasons Private Limited
• Lam Soon Group
• Liberty Oil Mills
• King Rice Oil Group
• Samarth Oil Refinery
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Fortified Edible Oil Market

Which Region Dominates the Fortified Edible Oil Market in 2024?

According to Cognitive Market Research, North America currently dominates the fortified edible oil market, and the region is expected to have significant growth during the projected period. This is due to the region's increasing health awareness, rising demand for nutrient-rich diets, and government initiatives promoting fortification to combat vitamin deficiencies. Consumers are focusing more on heart health, leading to the popularity of fortified oils with vitamins A, D, and E.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This is due to increasing health awareness, rising prevalence of malnutrition, and government initiatives promoting food fortification. Urbanization and changing dietary habits further boost demand for nutrient-enriched oils. Additionally, the growing population and expanding middle-class segment contribute to higher consumption of fortified edible oils, enhancing market growth in the region.

The current report Scope analyzes Fortified Edible Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Fortified Edible Oil

According to Cognitive Market Research, the global fortified edible oil market size was estimated at USD 11958.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 4783.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the fortified edible oil market with a market size of USD 3774.01 million in 2024 and is projected to grow at a CAGR of 2.2% during the forecast period. The US market's increasing demand for fuel efficiency.
• The Canada fortified edible oil market had a market share of USD 573.99 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. Canada’s development of various technologies.
• The Mexico fortified edible oil market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 435.28 million in 2024.

Europe Fortified Edible Oil

According to Cognitive Market Research, the global fortified edible oil market size was estimated at USD 11958.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3587.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• The United Kingdom fortified edible oil market had a market share of USD 602.69 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. In the UK, fortified edible oil sales witness an upswing due to the growing prevalence of lifestyle-related health issues.
• The France fortified edible oil market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD 330.05 million in 2024.
• According to Cognitive Market Research, the German fortified edible oil market size was valued at USD 710.32 million in 2024 and is projected to grow at a CAGR of 2.9% during the forecast period. In Germany, fortified edible oil surged due to the increased focus on the major market players.
• The Italy fortified edible oil market is projected to witness growth at a CAGR of 2.1% during the forecast period, with a market size of USD 308.52 million in 2024.
• The Russia fortified edible oil market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 556.06 million in 2024.
• The Spain fortified edible oil market is projected to witness growth at a CAGR of 1.8% during the forecast period with a market size of USD 294.17 million in 2024
• The Luxembourg fortified edible oil market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 111.21 million in 2024.
• The Portugal fortified edible oil market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 75.34 million in 2024.
• The Greece fortified edible oil market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 43.05 million in 2024.
• The Rest of Europe's fortified edible oil market is projected to witness growth at a CAGR of 1.4% during the forecast period, with a market size of USD 556.06 million in 2024.

Asia Pacific Fortified Edible Oil

According to Cognitive Market Research, the global fortified edible oil market size was estimated at USD 11958.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2750.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the China fortified edible oil market size was valued at USD 1237.67 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. Fortified edible oil surged in China due to the increased focus of the major market players.
• The Japan fortified edible oil market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 379.55 million in 2024.
• The India fortified edible oil market had a market share of USD 330.05 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. India's rise of middle-class consumers seeking healthier food options.
• The South Korean fortified edible oil market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 275.04 million in 2024.
• The Australian fortified edible oil market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 143.02 million in 2024.
• The South East Asia fortified edible oil market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 189.78 million in 2024.
• The Rest of Asia Pacific fortified edible oil market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 195.28 million in 2024.

South America Fortified Edible Oil

According to Cognitive Market Research, the global fortified edible oil market size was estimated at USD 11958.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 597.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil fortified edible oil market size was valued at USD 255.91 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. Fortified edible oil flourished in Brazil due to the increasing health awareness.
• Argentina's fortified edible oil market had a market share of USD 100.45 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Argentina's environmental regulations.
• Colombia fortified edible oil market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 53.21 million in 2024.
• Peru fortified edible oil market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 49.03 million in 2024.
• Chile fortified edible oil market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 43.05 million in 2024.
• The Rest of Latin America's fortified edible oil market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 96.26 million in 2024.

Middle East Fortified Edible Oil

According to Cognitive Market Research, the global fortified edible oil market size was estimated at USD 11958.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 239.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• The GCC Countries' fortified edible oil market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 102.36 million in 2024. The fortified edible oil industry flourishes due to the presence of major market players.
• The Egypt fortified edible oil market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 25.11 million in 2024.
• The South Africa fortified edible oil market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 37.79 million in 2024. Fortified edible oil sales flourished in South Africa due to the growing prevalence of lifestyle diseases.
• The Turkey fortified edible oil market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 20.57 million in 2024.
• The Nigeria fortified edible oil market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 25.11 million in 2024.
• The Rest of the MEA fortified edible oil market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 28.22 million in 2024.

Fortified Edible Oil Market Analysis

Fortified Edible Oil Market Product Type Segment Analysis

According to Cognitive Market Research, the olive oil segment holds the largest share of the market due to rising health awareness, as consumers seek nutritious options to combat malnutrition. Government initiatives promoting fortified oils enhance nutritional intake, while the popularity of olive oil for its health benefits, such as heart health and antioxidants, boosts demand.

In the fortified edible oil market, canola oil has been expanding at a rapid pace due to rising health awareness as consumers seek healthier cooking options. Its low saturated fat content and high omega-3 fatty acids appeal to health-conscious individuals. Additionally, government initiatives promoting fortified oils to combat malnutrition and enhance dietary quality further boost demand for fortified canola oil.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Fortified Edible Oil Industry. Request a Free Sample PDF!

Fortified Edible Oil Market Micronutrient Segment Analysis

According to Cognitive Market Research, the vitamin A segment holds the largest share of the market due to rising health awareness, government initiatives to combat malnutrition, and the increasing prevalence of vitamin A deficiency. Fortifying oils with vitamin A enhances nutritional value, addressing public health concerns, particularly in developing regions, thereby boosting demand for fortified edible oils.

In the fortified edible oil market, vitamin E has been expanding at a rapid pace due to growing health consciousness, government initiatives promoting nutrition, and rising consumer awareness of fortified products, further propelling the market, enhancing overall dietary quality, and supporting health in vulnerable populations.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Fortified Edible Oil Distribution Channel Segment Analysis

Fortified Edible Oil Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the e-commerce segment holds the largest share of the market due to the increased online shopping, coupled with health awareness campaigns, allowing consumers to easily compare options, enhancing product availability, and promoting better nutritional choices.

In the fortified edible oil market, specialty retail has been expanding at a rapid pace due to increasing health consciousness among consumers, rising demand for nutrient-enriched products, and targeted marketing strategies. Additionally, the growing availability of fortified oils in specialty stores and online platforms enhances accessibility, propelling market growth in health-focused consumer segments.

• Hypermarkets/Supermarkets
• Specialty Retail
• E-commerce
• Other Retail Formats

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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