According to IMARC Group latest report titled “High Oleic Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on high oleic oil market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global high oleic oil market is expected to exhibit a growth rate (CAGR) of 5.25% during 2023-2028.

High oleic oil refers to a vegetable oil that is made through selective breeding or genetic modification to enhance oleic acid concentration while reducing saturated and polyunsaturated fat levels. It is predominantly made up of monounsaturated fatty acids, particularly oleic acid, has a high smoke point, and a mild flavor and a neutral aroma as well as a creamy texture and a smooth mouthfeel. As a result, it is suitable for cooking at high temperatures and is a preferred choice for various culinary applications. The high concentration of heart-healthy monounsaturated fats in the oil offers various health benefits such as improved cholesterol levels, reduced inflammation, and enhanced cardiovascular health.

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Market Trends:

The global market is primarily driven by the augmenting demand for healthier alternatives for cooking oils. This can be attributed to the increasing awareness about the health risks associated with saturated and trans fats. Moreover, the rising demand for processed foods among the masses is resulting in a higher uptake of high oleic oils as a cooking and frying medium, thereby creating lucrative opportunities in the market. In addition to this, the rising demand for the production of biodiesel due to the increasing adoption of renewable and sustainable resources is creating a positive market outlook. Also, continual technological advancements in oilseed breeding, such as the introduction of value-adding variants with increased oil yields and better oil quality are providing an impetus to the market. Some of the other factors contributing to the market include rapid expansion of the food and beverage (F&B) industry, inflating disposable income levels, and rapid urbanization.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Adams Group Inc.
• Archer Daniels Midland Company
• Aston Food and Food Ingredients
• Aveno NV
• Bunge Limited
• Cargill Incorporated
• CHS Inc.
• Colorado Mills
• Marbacher Ölmühle GmbH (HOCHDORF Holding Ltd)
• Oilseeds International Ltd. (Itochu Corporation)
• Richardson International Limited

High Oleic Oil Market Segmentation:

Our report has categorized the market based on region, type, source, application and distribution channel.

Breakup by Type:

• Sunflower Oil
• Soybean Oil
• Safflower Oil
• Canola Oil
• Others

 Breakup by Source:

• Organic
• Conventional

 Breakup by Application:

• Food
• Personal Care
• Nutraceuticals
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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