Europe Fats & Oil Market Size & Share Analysis - Industry Research Report

Europe Fats & Oil Market Size

Study Period	2018 - 2028
Base Year For Estimation	2022
Forecast Data Period	2023 - 2028
Historical Data Period	2018 - 2021
CAGR	3.35 %
Market Concentration	Low
Major Players *Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Europe Fats & Oil Market Analysis

Europe Fats and Oil Market are expected to grow at a CAGR of 3.35 over the forecast period (2020-2025).

Amidst rising concerns, consumers are increasingly shifting toward natural alternatives in order to avoid conventional beauty products, which has conclusively raised the demand for products formulated with natural ingredients, including specialty fats, such as cocoa and shea butter, for their excellent emollient properties.
Owing to several heart risks, associated with partially-hydrogenated vegetable fats and their by-products, various governments around the world are repositioning their policies and rolling outlaws to limit the usage of the same. This reflects the hindered growth of the market in the near future.

Europe Fats & Oil Industry Segmentation

Europe Fats and Oil Market are segmented by type into fats, specialty fats, and oils. Based on the application, the market is classified according to the application of fats and oils in food, industrial, and animal feed applications. The market is also differentiated on the basis of geography.

By Type

Fats
	Butter
	Tallow
	Lard

Specialty Fats
	Cocoa Butter Equivalents
	Cocoa Butter Replacers
	Cocoa Butter Substitutes
	Cocoa Butter Improver
	Milk Fat Replacer
	Other Specialty Fats

Oils
	Soybean Oil
	Rapeseed Oil
	Palm Oil
	Coconut Oil
	Olive Oil
	Cotton Seed Oil
	Sunflower Seed Oil
	Other Oils

By Application

Food
	Confectionary
	Bakery
	Dairy Products
	Other Foods

Industrial

Animal Feed

By Geography
		Germany
		United Kingdom
		France
		Italy
		Russia
		Rest of Europe

Report scope can be customized per your requirements. Click here.

Europe Fats & Oil Market Trends

This section covers the major market trends shaping the Europe Fats & Oil Market according to our research experts:

Cocoa Butter Equivalents are Gaining Market Share

Cocoa production has always been fluctuating and is directly cost-related to the production of products using it as an ingredient. Hence, the confectioners are using alternative ingredients to substitute cocoa butter in order to maintain profit margins. Annual growth in CBE demand is currently estimated to be at 10%, while for chocolate it is only 3-4%. Reasons for the recent interest in CBEs include its 30-40% reduction in cost, as compared to cocoa butter, its sustainability, and the flexibility of the product itself. These specialty fats are also predominantly used to produce compound coatings used in bakery and confectionery products, where the coating forms 10% to 30% of the total weight of the enrobed products.

To understand key trends, Download Sample Report

Coconut oil is Taking Over Other Oils in Europe

European sales of industrial applications of virgin coconut oil have experienced booming growth in the past decade, due to its health attributes and functionality. This is because virgin coconut oil, which has no trans-fatty acids and has a high level of lauric acids (about 50%), is also low in polyunsaturated fatty acids (PFAs) compared to oils, such as soy and groundnut oils. Within Europe, Germany, the Netherlands, the United Kingdom, Belgium, and Sweden are the main importing markets.

To understand geography trends, Download Sample Report

Europe Fats & Oil Industry Overview

The major focus of the companies is on offering products with a wider application range, aiding the feed, food and beverage, and industrial sectors, and providing tailored products, thereby, catering to consumers’ preferences efficiently. For instance, in March 2019, Cargill launched its latest premium filling fat range, CremoFLEX, across the European market. The new fat range can be used in several applications, including filled biscuits and sandwich cookies, wafers, filled chocolates tablets, and pralines. The major companies have also adopted continuous expansion as their strategy to achieve competitive advantage in the market. The companies like ADM and Olam International sell vegetable oil under the segments Oilseed and Food Staples and Packaged Foods, respectively. Sustainable approach and certifications achieved by the companies in recent years are major catalysts in expanding their market shares.

Europe Fats & Oil Market Leaders

Cargill Inc.
Bunge Limited
Archer Daniels Midland Company
Wilmar International Limited

*Disclaimer: Major Players sorted in no particular order

Cargill Inc., Bunge Limited, Archer Daniels Midland Company, Wilmar International Limited

Europe Fats & Oil Market Report - Table of Contents

1. INTRODUCTION
1. 1.1 Study Deliverables
2. 1.2 Study Assumptions
3. 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Market Drivers
2. 4.2 Market Restraints
3. 4.3 Porter's Five Forces Analysis
  1. 4.3.1 Threat of New Entrants
  2. 4.3.2 Bargaining Power of Buyers/Consumers
  3. 4.3.3 Bargaining Power of Suppliers
  4. 4.3.4 Threat of Substitute Products
  5. 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
1. 5.1 By Type
  1. 5.1.1 Fats
    1. 5.1.1.1 Butter
    2. 5.1.1.2 Tallow
    3. 5.1.1.3 Lard
  2. 5.1.2 Specialty Fats
    1. 5.1.2.1 Cocoa Butter Equivalents
    2. 5.1.2.2 Cocoa Butter Replacers
    3. 5.1.2.3 Cocoa Butter Substitutes
    4. 5.1.2.4 Cocoa Butter Improver
    5. 5.1.2.5 Milk Fat Replacer
    6. 5.1.2.6 Other Specialty Fats
  3. 5.1.3 Oils
    1. 5.1.3.1 Soybean Oil
    2. 5.1.3.2 Rapeseed Oil
    3. 5.1.3.3 Palm Oil
    4. 5.1.3.4 Coconut Oil
    5. 5.1.3.5 Olive Oil
    6. 5.1.3.6 Cotton Seed Oil
    7. 5.1.3.7 Sunflower Seed Oil
    8. 5.1.3.8 Other Oils
2. 5.2 By Application
  1. 5.2.1 Food
    1. 5.2.1.1 Confectionary
    2. 5.2.1.2 Bakery
    3. 5.2.1.3 Dairy Products
    4. 5.2.1.4 Other Foods
  2. 5.2.2 Industrial
  3. 5.2.3 Animal Feed
3. 5.3 By Geography
  1. 5.3.1 Germany
  2. 5.3.2 United Kingdom
  3. 5.3.3 France
  4. 5.3.4 Italy
  5. 5.3.5 Russia
  6. 5.3.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
1. 6.1 Most Active Companies
2. 6.2 Most Adopted Strategies
3. 6.3 Market Share Analysis
4. 6.4 Company Profiles
  1. 6.4.1 AAK
  2. 6.4.2 Cargill Inc.
  3. 6.4.3 Bunge Limited
  4. 6.4.4 Archer Daniels Midland Company
  5. 6.4.5 Wilmar International Limited
  6. 6.4.6 OLAM International LIMITED
  7. 6.4.7 Fuji Oil Holding Inc.
5. *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You can also purchase parts of this report. Do you want to check out a section wise price list?

Europe Fats & Oil Market Research FAQs

What is the current Europe Fats and Oil Market size?

The Europe Fats and Oil Market is projected to register a CAGR of 3.35% during the forecast period (2023-2028).

Who are the key players in Europe Fats and Oil Market?

Cargill Inc., Bunge Limited, Archer Daniels Midland Company and Wilmar International Limited are the major companies operating in the Europe Fats and Oil Market.

Europe Fats and Oil Industry Report

Statistics for the 2023 Europe Fats and Oil market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Fats and Oil analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Europe Fats and Oil Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)