North America Vegetable Oils Market Regional Analysis

North America Vegetable Oils Market size was valued at USD 8.1 billion in 2023 and is poised to grow from USD 8.54 billion in 2024 to USD 13.0 billion by 2032, growing at a CAGR of 5.4% during the forecast period (2025-2032).

The top market participants have a wide geographic reach and a wide range of products to meet a variety of consumer wants. This element helps the business keep a solid grip on the market. Cargill, Inc., Fuji Oil Holding Inc., Archer Daniels Midland Company, AGYDSA, Olam International Limited, and Wilmar International Limited are just a few of the significant competitors. 'Cargill, Incorporated (USA) ', 'Archer Daniels Midland Company (ADM) (USA) ', 'Bunge Limited (USA) ', 'CHS Inc. (USA) ', 'Ag Processing Inc (AGP) (USA) ', 'Conagra Brands, Inc. (USA) ', 'Richardson International Limited (Canada) ', 'Viterra Inc. (Canada) ', 'ACH Food Companies, Inc. (USA) ', 'American Vegetable Oils, Inc. (USA) ', 'Salad Oils International Corporation (USA) ', 'Sunora Foods Inc. (Canada) ', 'Calavo Growers, Inc. (USA) (focus on avocado oil) ', 'Ventura Foods, LLC (USA) ', 'Stratas Foods LLC (USA)'

Over the past 25 years, the consumption of olive oil has nearly doubled in North America. The accompanying health advantages of oil have mostly been the driving force behind its rising demand. Olive oil has a variety of uses in the pharmaceutical business due to its antioxidant properties. Numerous chronic disorders are treated with olive oil. Additionally, with a 45.8%  share of the global import, Italy, the United States, and Spain are the top three countries for buying olive oil. While Spain, Italy, and Tunisia are the major producers of olive oil, together making up 62.9%  of global exports.

Reduced Carbon Footprint to Motivate Consumption of Vegetable Oils Market: Biodiesel is an opportunity to diesel gas with fossil gas electricity assets. It has a bonus over diesel gas because it no longer runs out and maintains to grow within the fields. Rapeseeds, soybeans, the fruit of oil palms, and even vintage safe-to-eat fat are best for biodiesel manufacturing. It's far from a non-toxic, biodegradable, and renewable gasoline made from several renewable uncooked substances, consisting of sparkling or waste vegetable oils, animal fats, and oilseed plant life. Environmental compatibility of land use, a verifiable saving of greenhouse emissions, and coexistence with food manufacturing are the main standards of sustainability maintained in biodiesel manufacturing. Therefore, biodiesel and fit-to-be-eaten vegetable oils are produced with a much less dangerous impact on the environment. Also, the rising costs of diesel fuel and continuous climatic adjustments because of the emission of greenhouse gases power the market for the manufacturing and utilization of biodiesel.

United States holds the highest market share for vegetable oils and is expected to reach 17.5 million metric tonnes in 2021. At the moment, the nation holds an 8.28% market share worldwide. Canada is expected to grow by 3.3% during the forecast period. Increasing adoption of biofuel and export of processed food products is boosting the demand for vegetable oils in this region.