Top Soybean Oil Companies

Global Soybean Oil Market size was valued at USD 51.23 billion in 2023 and is poised to grow from USD 52.86 billion in 2024 to USD 68.42 billion by 2032, growing at a CAGR of 3.28% in the forecast period (2025-2032).

The global soybean oil industry is highly competitive and dominated by a mix of multinational corporations and regional players that operate across the soybean value chain—from cultivation and crushing to refining and distribution. Major global players such as Archer Daniels Midland (ADM), Bunge Global, Cargill, and Louis Dreyfus Company form the influential "ABCD" group of agribusiness giants, controlling a substantial portion of global soybean processing and trade. These companies continue to invest in expanding their refining capacities and enhancing supply chain efficiency, particularly in emerging markets where demand is surging. 'Archer Daniels Midland (ADM)', 'Bunge Global', 'Cargill', 'Louis Dreyfus Company', 'Wilmar International', 'Yihai Kerry Arawana', 'COFCO Group', 'Ruchi Soya Industries', 'Sime Darby Oils', 'GrainCorp', 'AG Processing Inc.', 'CHS Inc. '

The increasing global awareness regarding healthier dietary fats has propelled the demand for soybean oil. Rich in polyunsaturated fats and omega-3 fatty acids, soybean oil is often promoted as a heart-healthy alternative to animal fats and hydrogenated oils. Consumers are becoming more selective about their cooking oils, opting for products that support cardiovascular health, weight management, and overall wellness. This shift in consumer preferences is significantly driving the global soybean oil market.

Surge in Organic and Non-GMO Soybean Oil Products: As consumers become more mindful of food sources, the demand for organic and non-GMO soybean oil has seen a sharp increase. Health-focused and environmentally conscious consumers are actively seeking transparency in food labeling and prefer oils made from soybeans that are free from genetic modification and harmful pesticides. This trend is leading to diversification in product offerings, with companies launching premium, traceable soybean oil variants.

How is North America Maintaining Its Leadership in Soybean Oil Production and Innovation?