Top Cooking Oil Companies

Cooking Oil Market size was valued at USD 231.02 Billion in 2024 and is poised to grow from USD 244.42 Billion in 2025 to USD 383.73 Billion by 2033, growing at a CAGR of 5.8% during the forecast period (2026–2033).

The global cooking oil industry is highly competitive, with key players focusing on product innovation, strategic acquisitions, and sustainable sourcing to strengthen their market presence. Leading companies such as Wilmar International, Cargill, Archer Daniels Midland (ADM), Bunge Limited, and Sime Darby Plantation dominate the industry through extensive supply chains and vertically integrated operations. These firms invest heavily in advanced processing technologies to enhance oil purity and comply with stringent regulatory standards. 'Archer Daniels Midland Company (USA)', 'Cargill, Incorporated (USA) ', 'Wilmar International Limited (Singapore) ', 'Bunge Limited (USA) ', 'Olam International (Singapore) ', 'Conagra Brands, Inc. (USA) ', 'Associated British Foods plc (UK) ', 'Unilever Plc (UK) ', 'Nestle S.A. (Switzerland) ', 'Louis Dreyfus Company (Netherlands) ', 'Marico Limited (India) ', 'Adani Wilmar Limited (India) ', 'Ruchi Soya Industries Limited (India) ', 'Sime Darby Plantation Berhad (Malaysia) ', 'IOI Corporation Berhad (Malaysia) ', 'Golden Agri-Resources Ltd (Singapore) ', 'PT Astra Agro Lestari Tbk (Indonesia) ', 'Kuala Lumpur Kepong Berhad (Malaysia) ', 'CHS Inc. (USA) ', 'Ag Processing Inc. (USA)'

The increased emphasis on sustainable sourcing practices and certifications is driving the global cooking oil market growth. Consumers are more interested in cooking oils that provide clear information about the origin, the source, their production process, and their environmental effects. They prefer products that are labeled clearly and provide information on where the oil comes from, how it was produced, and with what environmental effects.

Rising Awareness about Health and Wellness: The growing awareness is shifting the trend from saturated oils to healthier alternatives. Oils containing higher amounts of healthful nutrients, such as antioxidants and monounsaturated fats, and having fewer harmful fat components, include olive, avocado, and coconut oil. These oils are gaining popularity based on the different health benefits such as omega-3 which is further creating positive cooking oil market outlook.

North America dominated the cooking oil market with the revenue share of 33.4% in 2024. In North America, cooking oil choices are influenced by factors such as flavor, health benefits, and cooking needs. Canola oil is popular for its neutral flavor, high smoke point, and heart-healthy profile, making it versatile for various cooking methods. Olive oil is favored for its distinct taste and health benefits, especially in Mediterranean cuisine. Vegetable oil is commonly used due to its cost-effectiveness, versatility, and neutral flavor, while avocado oil is gaining popularity for its high smoke point and nutritional value. Consumers select oils based on these attributes to suit their cooking preferences and health considerations.