North America Fats and Oils Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The North America Fats and Oils Market is segmented by Product (Oils - Soybean Oil, Canola Oil, Palm Oil, Olive Oil, Sunflower Seed Oil, and Other Oils, and Fats - Butter, Lard, and Other Fats), Application (Food and Beverage, Animal Feed, Personal Care and Cosmetics and Other Applications), and by Country.

North America Fats and Oils Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Fats & Oil Market Size

View Global Report
north-america-fats-and-oil-market_Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 3.20 %
Market Concentration Low

Major Players

North America Fats and Oils Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of North America Fats and Oils Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

North America Fats & Oil Market Analysis

The North America Fats and Oils Market is expected to register a CAGR of 3.2% during the forecast period.

  • Changing consumer dietary habits is projected to positively influence the fats & oils market over the forecast period. The rise in processed food consumption coupled with high-quality edible oil demand is expected to have a positive impact on the fats & oils market.
  • An increase in awareness of obesity and its association with heart diseases and diabetes are responsible for the changing food trend among consumers. Oils and fats' manufacturers are focusing on manufacturing healthier products, including low-cholesterol and low-carbohydrate foods, in order to cater to the growing demand from health-conscious consumers.
  • Shifting consumer buying patterns have gained the attraction of fats & oil suppliers, prompting them to update their product portfolios for reflecting potential demand for varieties along with added benefits.

North America Fats & Oil Industry Overview

The North American fats and oils market is a fragmented market and comprises of regional and international competitors. ADM, Bunge Limited, Wilmar, and Cargill are some of the prominent companies operating in the market. The sustainable competitive advantage through differentiation is high. Manufacturers are increasingly introducing product innovations, in terms of ingredients, price and functionalities. This has led to a high degree of competition in the market.

North America Fats & Oil Market Leaders

  1. Ag Processing Inc.

  2. Wilmar International Ltd

  3. Archer Daniels Midland

  4. Cargill Incorporated

  5. Bungee Limited

  6. *Disclaimer: Major Players sorted in no particular order
fats and oil market
Need More Details on Market Players and Competiters?
Download PDF

North America Fats & Oil Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 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 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products and Services
    • 4.3.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Product
    • 5.1.1 Oils
    • 5.1.1.1 Soybean Oil
    • 5.1.1.2 Canola Oil
    • 5.1.1.3 Palm Oil
    • 5.1.1.4 Olive Oil
    • 5.1.1.5 Sunflower Seed Oil
    • 5.1.1.6 Other Oils
    • 5.1.2 Fats
    • 5.1.2.1 Butter(Excluding Dairy Butter)
    • 5.1.2.2 Lard
    • 5.1.2.3 Other Fats
  • 5.2 Application
    • 5.2.1 Food and Beverage
    • 5.2.1.1 Bakery and Confectionary
    • 5.2.1.2 Savory Snacks
    • 5.2.1.3 Dairy
    • 5.2.1.4 Other Food and Beverage
    • 5.2.2 Animal Feed
    • 5.2.3 Personal Care and Cosmetics
    • 5.2.4 Other Applications
  • 5.3 By Geography
    • 5.3.1 United States
    • 5.3.2 Canada
    • 5.3.3 Mexico
    • 5.3.4 Rest of North America

6. Competitive Landscape

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Cargill Incorporated
    • 6.3.2 Wilmar International Ltd
    • 6.3.3 Bunge Limited
    • 6.3.4 Ag Processing Inc.
    • 6.3.5 Archer Daniels Midland Company
    • 6.3.6 Richardson International Limited
    • 6.3.7 Olam International
    • 6.3.8 Arista Industries
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

North America Fats & Oil Industry Segmentation

Based on product type, the market studied is segmented into fats and oils. Based on fats, the market studied is further segmented into butter, lard, and other fats. Based on oils, the market studied is further segmented into soybean oil, canola oil, palm oil, sunflower seed oil, olive oil, and other oils. Based on the application, the market studied is segmented into food and beverages, animal feed, personal care and cosmetics, and other applications. Based on food and beverages, the market is further segmented into bakery and confectionery, savory snacks, dairy, and other food and beverage. Based on the country, the market studied is segmented into the United States, Canada, Mexico, and the rest of North America.

Product Oils Soybean Oil
Canola Oil
Palm Oil
Olive Oil
Sunflower Seed Oil
Other Oils
Fats Butter(Excluding Dairy Butter)
Lard
Other Fats
Application Food and Beverage Bakery and Confectionary
Savory Snacks
Dairy
Other Food and Beverage
Animal Feed
Personal Care and Cosmetics
Other Applications
By Geography United States
Canada
Mexico
Rest of North America
Need A Different Region or Segment?
Customize Now

North America Fats & Oil Market Research FAQs

What is the current North America Fats and Oils Market size?

The North America Fats and Oils Market is projected to register a CAGR of 3.2% during the forecast period (2025-2030)

Who are the key players in North America Fats and Oils Market?

Ag Processing Inc., Wilmar International Ltd, Archer Daniels Midland, Cargill Incorporated and Bungee Limited are the major companies operating in the North America Fats and Oils Market.

What years does this North America Fats and Oils Market cover?

The report covers the North America Fats and Oils Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Fats and Oils Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

North America Fats and Oils Industry Report

Statistics for the 2025 North America Fats and Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Fats and Oils 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.