Summary

Overview
Global Edible Hydrogenated Oils Market reached US$ 78.24 billion in 2022 and is expected to reach US$ 132.83 billion by 2030, growing with a CAGR of 6.84% during the forecast period 2023-2030.
Hydrogenation adds hydrogen to an edible vegetable oil using a catalyst. The hydrogenation helps to produce fat with a semi-solid consistency. Oils that are hydrogenated gain resistance to rancidity. The hydrogenation also helps to change the physical appearance of the oil by adding flavour and texture to it.
Hydrogenation increases the shelf life of oils which is beneficial for both producer and end-user. The product is available in solid or semi-solid form in partially hydrogenated or fully hydrogenated types for its use. It has applications in various food manufacturing and food service industries. The growing demand for hydrogenated oil in the processed food industry is boosting the market.
Hydrogenated edible oil improves the taste and texture of the product and also in other parameters, favouring the food manufacturers for its use. The increased end-use applications of the product also increased the need for the use of different hydrogenation techniques application in the market for their production. With betterment in the processing of the oils, the market reached high expansion.
Dynamics
Increasing Demand for Processed Food Products
Various regions have experiencing rapid industrialization and urbanization. The socio-economic changes have changed the consumers' lifestyles and choices of food in multiple ways. There is a greater change in consumer preference for ready-to-eat food products. The demand for convenient food products has increased at the global level. With the greater change in diet and food habits, the consumption of processed food products has increased.
The desirable texture and stability provided by the hydrogenated oils in certain processed food products have increased their demand in the food industry. Various products such as baked goods and confectionery use partially hydrogenated oils as a primary fat source in their production. The increasing demand and consumption of processed foods drive the market growth.
High Preference for Edible Hydrogenated Oils by Industrial Manufacturers
Edible hydrogenated oils are highly preferred by commercial processed food producers in the food industry and food service sectors. The cost-effectiveness and specific applications of these oils drive its market growth. The lower cost and greater affordability of the hydrogenated oils have increased the preference for these oils by cost-conscious manufacturers.
Food processing companies always try to opt for the cheapest ingredients in the production of food products reduce costs and attract more customers. Hydrogenated oils are used as a cheaper source of fat in processed food production and are highly used by the food industries. These hydrogenated oils can extend the shelf life of products and reduce spoilage, giving the manufacturer the benefits of their use.
Health Risks Related to the Excess Consumption of Hydrogenated Oils
The hydrogenated oil contains trans fats which raise the bad LDL cholesterol and lower the good HDL cholesterol. The increased consumption of these oils can increase the risk of cardiovascular diseases. According to WHO January 2023, five billion people globally remain unprotected from harmful trans fat.
WHO reported that industrially produced trans fats are found in packaged foods, baked goods, cooking oils and spreads and are reported to be responsible for up to 500,000 premature deaths from coronary heart disease each year around the world. FDA cancelled the generally recognized safe status of partially hydrogenated oils to ensure the correct health conditions of the people. The regulatory and health issues related to the use of the product restrain the growth market.
Segment Analysis
The global edible hydrogenated oils market is segmented based on product, type, distribution channel, application, end-use and region.
High Use of Edible Hydrogenated Oils in the Baking Industry
The global edible hydrogenated oils market is segmented based on the application of different types such as fried, baking and confectionery. With the high use of edible hydrogenated oils in the production of various baked goods, the baking segment accounted for the largest share. The edible hydrogenated oils improve the taste and texture of the product. The use of hydrogenated oils enhances the texture and stability and enhances the crispiness of the food product.
The oils are preferred by the manufacturers for their use in the production of various bakery products due to their preferable parameters. Edible hydrogenated oils prevent oxidation and ensure longer shelf life. Products such as bread, biscuits, pastries, and others have applications of these oils. In addition to its preference towards taste and shelf life, hydrogenated fats are a less expensive approach for manufacturers and are used as an alternative to butter and other expensive oils.
Geographical Penetration
Increasing Demand for Processed Food Products in North America
North America region dominated the global edible hydrogenated oils market. The region has increased demand for processed food products, positively driving the market growth. The hectic lifestyles of the people of this region have reduced their time for cooking from scratch. This increased people's dependency highly on processed food products and fast-food centres.
Countries such as U.S. and Canada have a higher range of fast-food restaurants and industrial kitchens to satisfy consumer needs. Various restaurants and food service points opt for edible hydrogenated oils for deep frying. The high smoke point and stability at high temperatures of these oils increase their demand in this category. The high use of these oils in this region boosts the market expansion with increased sales and demand.
The region has higher exposure to technological advancements and industrialisation applications. Technological advancements taking place in the production of edible hydrogenated oils by adopting improved hydrogenation techniques in creating new oil varieties with desirable qualities, further broadening the market.
Competitive Landscape
The major global players in the market include Cargill, Incorporated, Archer Daniels Midland Company, BASF Corporation, Mewah Group, Wilmar International Ltd., New Japan Chemical Co., Ltd., Golden Agri-Resources Ltd., Evonik Industries, MANISHANKAR OILS PVT. LTD. and Interfat.
COVID-19 Impact Analysis
The COVID-19 pandemic had a moderate impact on the global edible hydrogenated oils market. Various processing industries faced challenges in the implementation of smooth processes. Improper facilities disrupted the procuring, production and distribution of edible hydrogenated oils into the market.
The shutdown of various food industries and food services centers such as restaurants and fast-food centers reduced the marker sales, due to low demand. With the approval of the production permission from the government to the processing and food production industries with the required regulations, the market achieved their sales back.
The pandemic reduced the availability of fresh food products. The demand for various processed and ready-to-eat food products has increased during this period. Baking and confectionery industries have increased their product range to provide consumers with tasty snacks. Using oils from this industry increased the product demand positively driving the market in the further COVID-19 period. Furthermore, the high use of e-commerce platforms for product sales has improved the product reach to end-users.
Russia- Ukraine War Impact
The international conflict between Russia and Ukraine has negatively impacted various industries, including the edible hydrogenated oils market. New geopolitical alliances were created due to the war conditions. The war interrupted trade transitions at the global level causing challenges for the manufacturers and consumers in product marketing and sales. The political conflict also caused price fluctuations and increased prices causing difficulty for the price sensitive end-users.
By Product
• Solid
• Semi-Solid
By Type
• Partially Hydrogenated Oils
• Fully Hydrogenated Oils
By Distribution Channel
• Hypermarkets and Supermarkets
• Convenience Stores
• E-Commerce
• Others
By Application
• Fried
• Baking
• Confectionery
• Others
By End-Use
• Food Manufacturing Industry
• Foodservice Industry
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• In June 2023, Bunge, an oilseeds processing company and Viterra announced their US$8.2-billion merger agreement to create a global agribusiness giant.
• In February 2023, the respective Boards of Directors of The Nisshin OilliO Group, Ltd. and J-Oil Mills, Inc. approved resolutions to transfer the oilseed processing functions in the former’s Mizushima Plant and the latter’s Kurashiki Plant to Oilseed Processing Partners Japan, Ltd.
• In February 2022, BP p.l.c. a British multinational oil and gas company acquired a 30% stake in Green Biofuels Ltd, UK’s largest provider of low-emission hydrogenated vegetable oil fuels. The companies work to decarbonize businesses across the construction, freight, off-road, and marine industries and try to reduce emissions from hard-to-decarbonize sectors including many diesel-run assets.
Why Purchase the Report?
• To visualize the global edible hydrogenated oils market segmentation based on product, type, distribution channel, application, end use and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of edible hydrogenated oils market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global edible hydrogenated oils market report would provide approximately 77 tables, 78 figures and 254 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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Table of Contents

1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Product
3.2. Snippet by Type
3.3. Snippet by Distribution Channel
3.4. Snippet by Application
3.5. Snippet by End Use
3.6. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing Demand for Processed Food Products
4.1.1.2. High Preference for Edible Hydrogenated Oils by Industrial Manufacturers
4.1.2. Restraints
4.1.2.1. Health Risks Related to the Excess Consumption of Hydrogenated Oils
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. DMI Opinion
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Product
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
7.1.2. Market Attractiveness Index, By Product
7.2. Solid
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Semi-Solid
8. By Type
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
8.1.2. Market Attractiveness Index, By Type
8.2. Partially Hydrogenated Oils
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Fully Hydrogenated Oils
9. By Distribution Channel
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
9.1.2. Market Attractiveness Index, By Distribution Channel
9.2. Hypermarkets and Supermarkets
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Convenience Stores
9.4. E-Commerce
9.5. Others
10. By Application
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10.1.2. Market Attractiveness Index, By Application
10.2. Fried
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Baking
10.4. Confectionery
10.5. Others
11. By End Use
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End Use
11.1.2. Market Attractiveness Index, By End Use
11.2. Food Manufacturing Industry
11.2.1. Introduction
11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
11.3. Foodservice Industry
11.4. Other
12. By Region
12.1. Introduction
12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
12.1.2. Market Attractiveness Index, By Region
12.2. North America
12.2.1. Introduction
12.2.2. Key Region-Specific Dynamics
12.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End Use
12.2.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.2.8.1. U.S.
12.2.8.2. Canada
12.2.8.3. Mexico
12.3. Europe
12.3.1. Introduction
12.3.2. Key Region-Specific Dynamics
12.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End Use
12.3.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.3.8.1. Germany
12.3.8.2. U.K.
12.3.8.3. France
12.3.8.4. Italy
12.3.8.5. Spain
12.3.8.6. Rest of Europe
12.4. South America
12.4.1. Introduction
12.4.2. Key Region-Specific Dynamics
12.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End Use
12.4.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.4.8.1. Brazil
12.4.8.2. Argentina
12.4.8.3. Rest of South America
12.5. Asia-Pacific
12.5.1. Introduction
12.5.2. Key Region-Specific Dynamics
12.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End Use
12.5.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.5.8.1. China
12.5.8.2. India
12.5.8.3. Japan
12.5.8.4. Australia
12.5.8.5. Rest of Asia-Pacific
12.6. Middle East and Africa
12.6.1. Introduction
12.6.2. Key Region-Specific Dynamics
12.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End Use
13. Competitive Landscape
13.1. Competitive Scenario
13.2. Market Positioning/Share Analysis
13.3. Mergers and Acquisitions Analysis
14. Company Profiles
14.1. Cargill, Incorporated
14.1.1. Company Overview
14.1.2. Product Portfolio and Description
14.1.3. Financial Overview
14.1.4. Key Developments
14.2. Archer Daniels Midland Company
14.3. BASF Corporation
14.4. Mewah Groupp
14.5. Wilmar International Ltd.
14.6. New Japan Chemical Co., Ltd.
14.7. Golden Agri-Resources Ltd.
14.8. Evonik Industries
14.9. MANISHANKAR OILS PVT. LTD.
14.10. Interfat
LIST NOT EXHAUSTIVE
15. Appendix
15.1. About Us and Services
15.2. Contact Us