United States Vegetable Oil Market Size, Share, and COVID-19 Impact Analysis, by Type (Palm Oil, Soybean Oil, Rapeseed Oil, Sunflower Oil, and Others), by Application (Food, Feed, and Industrial), by Distribution Channel (B2B and B2C), and United States Vegetable Oil Market Insights, Industry Trend, Forecasts to 2035

United States Vegetable Oil Market Insights Forecasts to 2035  

• The United States Vegetable Oil Market Size Was Estimated at USD 81.2 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.32% from 2025 to 2035
• The United States Vegetable Oil Market Size is Expected to Reach USD 143.6 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the United States Vegetable Oil Market Size is Anticipated to Reach USD 143.6 Billion by 2035, Growing at a CAGR of 5.32% from 2025 to 2035. The United States vegetable oil market is driven by a rising preference for healthy eating habits, expanding industrial applications of vegetable oils, advancements in agricultural operations, rising disposable income, and increased awareness about the health advantages of specific cooking oils.

Market Overview

Vegetable oil is a liquid lipid obtained from a variety of plants, usually seeds and fruits. Soybean, corn, sunflower, and canola are all common sources. It is usually used as a component to add heat transfer medium, flavor enhancer, and moisture in cooking and baking. Vegetable oil is also used in the manufacture of soap, skincare items, and biofuels. They are high in significant fatty acids, although the nutritional value varies according to the source. The production of vegetable oil involves processes such as mechanical pressing, solvent extraction, refining, bleaching, and deodorization to remove impurities and improve shelf life. Refined oils have a longer storage life and higher smoke points, making them suitable for deep frying and commercial food preparation. Some oils, like extra virgin olive oil, are cold-pressed to retain natural flavors, antioxidants, and nutrients. They are used in the manufacture of cosmetics, soaps, biofuels, lubricants, paints, and pharmaceuticals due to their diverse chemical characteristics. Population growth, rising disposable income, urbanization, and increased health and welfare consciousness are all driving factors in the vegetable oil industry. Consumers in the United States are selecting oils with rapidly low-saturated fats, high unsaturated fats, and organic oils. Vegetable oils are flexible, nutritionally valuable, and commercially important items with applications in food, health, and industry, making them an essential component of world agriculture and trade.

Report Coverage

This research report categorizes the United States vegetable oil market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States vegetable oil market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States vegetable oil market.

Driving Factor 

The United States vegetable oil market is driven by the increasing population, urbanization, and high disposable income increases the demand for edible oils.  Increased health awareness encourages the use of high oil in unsaturated fat and important elements.  In addition, increasing use in biodiesel, cosmetics, and food processing, as well as progress in permanent and organic oils, increases in drive market.

Restraining Factor

The United States vegetable oil market has to face restrictions due to high prices for raw materials, environmental problems, and deforestation are all related to palm oil cultivation. Supply chain obstruction, regulatory restrictions, and competition from alternative fats and synthetic oils all obstruct widespread acceptance and profitability in business.

The United States vegetable oil market share is classified into type, application, and distribution channel.

• The palm oil segment accounted for the largest revenue share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The United States vegetable oil market is segmented by type into palm oil, soybean oil, rapeseed oil, sunflower oil, and others. Among these, the palm oil segment accounted for the largest revenue share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period. Palm oil is an important component in different types of products, including margarine, ice cream and baked goods, as well as cosmetics, detergents, and biofuels. It makes it ideal for room temperature, oxidative stability, and its semi-solution in long shelf life.

• The food segment accounted for the largest revenue share in 2024 and is anticipated to grow at a significant CAGR during the projected timeframe.

The United States vegetable oil market is segmented by application into food, feed, and industrial. Among these, the food segment accounted for the largest revenue share in 2024 and is anticipated to grow at a significant CAGR during the projected timeframe. Vegetable oils are used to prepare food and are high in important fatty acids and vitamins, which are essential for good health. They are an important source of diets lipids required for energy production and absorption of fat-soluble vitamins such as A, D, E, and A.

• The B2B segment held the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

The United States vegetable oil market is segmented by distribution channel into B2B and B2C. Among these, the B2B segment held the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The B2B transactions have naturally moved to large-scale buyers such as food processors, restaurants, and industrial users. These businesses require large amounts of vegetable oil to meet their production and operating requirements, making bulk purchase through B2B channels more cost-effective and logical possible.

Competitive Analysis

The report offers the appropriate analysis of the key organizations/companies involved within the United States vegetable oil market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies 

• Bunge Limited
• Cargill Incorporated
• Jm Smucker Company
• Ventura Foods, LLC
• CARGILL INC.
• Others

Key Target Audience

• Market Players
• Investors
• End-Users
• Government Authorities
• Consulting and Research Firms
• Venture Capitalists
• Value-Added Resellers (VARs)

Market Segment 

This study forecasts revenue at the United States, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United States Vegetable Oil market based on the below-mentioned segments: 

United States Vegetable Oil Market, By Type

• Palm Oil
• Soybean Oil
• Rapeseed Oil
• Sunflower Oil
• Others

United States Vegetable Oil Market, By Application

• Food
• Feed
• Industrial

United States Vegetable Oil Market, By Distribution Channel

• B2B
• B2C