Summary
Oils & Fats in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oils & fats market includes retail sales of edible oils and solid fats. The oils segment covers cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, etc. The solid fats segment includes compound cooking fats (CCF), ghee, lard, shortening, and other solid fats.
- The US oils & fats market recorded revenues of $10,136.5 million in 2024, representing a compound annual growth rate (CAGR) of 5.4% between 2019-24.
- Market consumption volume increased with a CAGR of 1.9% between 2019-24, reaching a total of 2,058.6 million kilograms in 2024.
- The healthy growth of the US oils & fats market during 2019-24 can be attributed to rising urbanization that leads to busier lifestyles.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oils & fats market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oils & fats market in the United States
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States oils & fats market with five year forecasts
Reasons to Buy
- What was the size of the United States oils & fats market by value in 2024?
- What will be the size of the United States oils & fats market in 2029?
- What factors are affecting the strength of competition in the United States oils & fats market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's oils & fats market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the US oils & fats market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies' market shares have suffered during 2019-24?
7.5. What are the most popular brands in the US oils & fats market?
7.6. What have been the most significant developments in the US oils & fats market in 2024?
8 Company Profiles
8.1. Associated British Foods Plc
8.2. B&G Foods Inc
8.3. Bright Food (Group) Co Ltd
8.4. Richardson International Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States oils & fats market value: $ million, 2019-24
Table 2: United States oils & fats market volume: million kilograms, 2019-24
Table 3: United States oils & fats market category segmentation: % share, by value, 2019-24
Table 4: United States oils & fats market category segmentation: $ million, 2019-24
Table 5: United States oils & fats market geography segmentation: $ million, 2024
Table 6: United States oils & fats market distribution: % share, by value, 2024
Table 7: United States oils & fats market value forecast: $ million, 2024-29
Table 8: United States oils & fats market volume forecast: million kilograms, 2024-29
Table 9: United States oils & fats market share: % share, by value, 2024
Table 10: Associated British Foods Plc: Key Facts
Table 11: Associated British Foods Plc: Annual Financial Ratios
Table 12: Associated British Foods Plc: Key Employees
Table 13: B&G Foods Inc: Key Facts
Table 14: B&G Foods Inc: Annual Financial Ratios
Table 15: B&G Foods Inc: Key Employees
Table 16: Bright Food (Group) Co Ltd: Key Facts
Table 17: Bright Food (Group) Co Ltd: Key Employees
Table 18: Richardson International Ltd: Key Facts
Table 19: Richardson International Ltd: Key Employees
Table 20: United States Size of Population (Million), 2020-24
Table 21: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: United States GDP (Current Prices, $ Billion), 2020-24
Table 23: United States Inflation, 2020-24
Table 24: United States Consumer Price Index (Absolute), 2020-24
Table 25: United States Exchange Rate, 2019-24
List of Figures
Figure 1: United States oils & fats market value: $ million, 2019-24
Figure 2: United States oils & fats market volume: million kilograms, 2019-24
Figure 3: United States oils & fats market category segmentation: $ million, 2019-24
Figure 4: United States oils & fats market geography segmentation: % share, by value, 2024
Figure 5: United States oils & fats market distribution: % share, by value, 2024
Figure 6: United States oils & fats market value forecast: $ million, 2024-29
Figure 7: United States oils & fats market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the oils & fats market in the United States, 2024
Figure 9: Drivers of buyer power in the oils & fats market in the United States, 2024
Figure 10: Drivers of supplier power in the oils & fats market in the United States, 2024
Figure 11: Factors influencing the likelihood of new entrants in the oils & fats market in the United States, 2024
Figure 12: Factors influencing the threat of substitutes in the oils & fats market in the United States, 2024
Figure 13: Drivers of degree of rivalry in the oils & fats market in the United States, 2024
Figure 14: United States oils & fats market share: % share, by value, 2024
