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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global High Oleic Oil Market Size
The global high oleic oil market was USD 5,998.6 million in 2023. The market is projected to grow at a CAGR of 6.5% between 2024 and 2032 to reach USD 6,763.8 million by 2032.
Key Takeaways
- High oleic oils are recognised by the U.S. Food and Drug Administration for their beneficial support of cardiovascular health.
- The rising trend of clean and natural products is increasing the adoption of high oleic oils.
- There is a growing inclination towards sunflower oil with a high oleic acid content, in the range between 70%-75% to 90%.
High-oleic oil is characterised by exceptional oxidative stability, longer shelf life, and the ability to withstand higher temperatures ideal for frying applications.
High oleic vegetable oils have a high percentage of monounsaturated fats and add no trans fats to products. The high quality of monosaturated fats lowers LDL cholesterol reducing the risk of heart disease, attacks, and strokes, proving to be an ideal replacement for trans fatty acids. The high oleic oil market growth is supported by diverse applications of the product in various end use sectors.
High Oleic Oil Market Report Snapshots
High Oleic Oil Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of USD 5,998.6 million in 2023.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 6,763.8 million by 2032.
The different types of oil include sunflower oil, canola/rapeseed oil, soybean oil, safflower oil, and others.
The key regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The sources include non-gm/conventional, GM, and organic certified.
The applications include food processing and biofuel, among others.
The key players in the market include Archer Daniels Midland Company, Cargill, Incorporated, Marbacher Ölmühle GmbH, Adams Group, and Colorado Mills LLC, among others.
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