MEA Vegetable Oil Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers MEA Vegetable and Edible Oil Companies and it is segmented by Product Type (Palm Oil, Soybean Oil, Rapeseed Oil, Sunflower Oil, Olive Oil, and Other Product Types), Application (Food, Feed, and Industrial), and Geography (South Africa, United Arab Emirates, and Rest of Middle-East and Africa). For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).

MEA Vegetable Oil Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

MEA Vegetable Oil Market Size

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Middle East Vegetable Oil Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 4.31 %
Market Concentration Low

Major Players

Middle East Vegetable Oil Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Middle-East and Africa Vegetable Oil Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

MEA Vegetable Oil Market Analysis

The Middle-East and Africa Vegetable Oil Market is expected to register a CAGR of 4.31% during the forecast period.

According to The United States Department of Agriculture report, the growth rate of rapeseed oil consumption in the Middle Eastern country like the United Arab Emirates was stagnant, accounting for 17 thousand metric ton in 2017 and 2018. However, it is projected to grow in the forecast period. The rise in the export of canola oil is witnessed in the regional market. Additionally, due to the import opportunity posed by the ongoing trade war between China and Canada, the United Arab Emirates is projected to augment further the export of canola oil to the Chinese market.

The Middle Eastern region uses vegetable oil, such as sunflower oil, soybean oil, and others, in personal care applications. According to a USDA report, the Middle Eastern region imported 248 thousand metric ton of soybean oil in 2018-2019.

Cargill Incorporate is the leading player operating in the country with its wide range of offerings, including corn oil, rapeseed oil, soybean oil, sunflower oil, and palm oil, among others.

MEA Vegetable Oil Industry Overview

The Middle-East and Africa vegetable market is a highly competitive market with the presence of various major and local players. The most active companies in the Middle East and Africa vegetable oils market are ADVOC (ABU DHABI VEGETABLE OIL COMPANY), Amira Nature Foods Ltd, Wilmar International Limited, and Cargill, Incorporated, among others. The active companies in the market have adopted product innovation as a strategy due to changing consumer preferences in the region. The major focus of the companies is to offer products with a wider application range aiding all feed, food and beverage, and industrial sectors, thereby, catering consumers' preferences efficiently. Moreover, the companies have adopted continuous expansion as their strategy to achieve a competitive advantage in the market and expand their geographical presence and customer base.

MEA Vegetable Oil Market Leaders

  1. Cargill, Incorporated

  2. Sime Darby Plantation Berhad

  3. Wilmar International Limited

  4. Amira Nature Foods Ltd

  5. ADVOC (ABU DHABI VEGETABLE OIL COMPANY)

  6. *Disclaimer: Major Players sorted in no particular order
Middle East Vegetable Oil Market Concentration
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MEA Vegetable Oil Market News

  • In 2021, Al Ghurair announced that they are acquiring (EOCD), 'Edible Oil Company LLC' which is a major company in multi-seed, crushing over the regions of the Middle -East. Signing this deal is to expand its resources and business operations over Dubai and other Middle-Eastern countries.
  • In 2021, Archer Daniels Midland Co. announced the deal with Marathon Petroleum Corp. to construct a joint venture for manufacturing soybean oil to supply the speedily increasing demand for renewable diesel fuel. ADM has a deal with MPC in order to cater to the rising demand for soybean oil in the regions of the Middle-East.
  • In 2019, Sime Darby Oils and Abu Dhabi Vegetable Oil Company entered into a strategic partnership to market oils and fats products in the Middle East and North African (MENA) region, where both the companies will operate as a single sales and marketing team.

MEA Vegetable Oil Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Palm Oil
    • 5.1.2 Soybean Oil
    • 5.1.3 Rapeseed Oil
    • 5.1.4 Sunflower Oil
    • 5.1.5 Olive Oil
    • 5.1.6 Other Product Types
  • 5.2 By Application
    • 5.2.1 Food
    • 5.2.2 Feed
    • 5.2.3 Industrial
  • 5.3 By Geography
    • 5.3.1 South Africa
    • 5.3.2 United Arab Emirates
    • 5.3.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Market Positioning
  • 6.3 Company Profiles
    • 6.3.1 Cargill Incorporated
    • 6.3.2 ADVOC (ABU DHABI VEGETABLE OIL COMPANY)
    • 6.3.3 Sime Darby Plantation Berhad
    • 6.3.4 Wilmar International Limited
    • 6.3.5 Omani Vegetable Oils & Derivatives Co.(L.L.C)
    • 6.3.6 Amira Nature Foods Ltd
    • 6.3.7 AJWA Group
    • 6.3.8 Archer Daniels Midland Co.
    • 6.3.9 Al Ghurair
    • 6.3.10 Edible Oil Company LLC
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. IMPACT OF COVID-19 ON THE MARKET

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MEA Vegetable Oil Industry Segmentation

The Middle-East and Africa vegetable oil market has been segmented by product type, which includes palm oil, soybean oil, rapeseed oil, sunflower oil, olive oil, and other product types. Based on application, the market is segmented into food, feed, and industrial. The study also involves the regional level analysis of the main countries such as South Africa, the United Arab Emirates, and Rest of Middle-East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).

By Product Type Palm Oil
Soybean Oil
Rapeseed Oil
Sunflower Oil
Olive Oil
Other Product Types
By Application Food
Feed
Industrial
By Geography South Africa
United Arab Emirates
Rest of Middle-East and Africa
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MEA Vegetable Oil Market Research FAQs

What is the current Middle-East and Africa Vegetable Oil Market size?

The Middle-East and Africa Vegetable Oil Market is projected to register a CAGR of 4.31% during the forecast period (2025-2030)

Who are the key players in Middle-East and Africa Vegetable Oil Market?

Cargill, Incorporated, Sime Darby Plantation Berhad, Wilmar International Limited, Amira Nature Foods Ltd and ADVOC (ABU DHABI VEGETABLE OIL COMPANY) are the major companies operating in the Middle-East and Africa Vegetable Oil Market.

What years does this Middle-East and Africa Vegetable Oil Market cover?

The report covers the Middle-East and Africa Vegetable Oil Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle-East and Africa Vegetable Oil Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

MEA Vegetable Oil Industry Report

Statistics for the 2025 Middle-East and Africa Vegetable Oil market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle-East and Africa Vegetable Oil analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.