According to our latest research, the global edible oil & fats market size stood at USD 274.6 billion in 2024, reflecting robust demand across both developed and emerging economies. The market is expected to expand at a CAGR of 4.5% from 2025 to 2033, reaching a forecasted size of USD 405.6 billion by 2033. This growth is primarily driven by shifting dietary preferences, the rising popularity of plant-based food ingredients, and an expanding processed food industry worldwide. As per our latest research, the market is experiencing a notable transformation due to evolving consumer lifestyles and the increasing adoption of healthier edible oils and fats.
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