Global Specialty Fats And Oils Market Size, Share, and Trends by Type (Cocoa Butter Equivalent, Cocoa Butter Substitute, Cocoa Butter Replacer, Palm Oil, Soybean Oil, Coconut Oil, Others), by Application (Chocolates & Confectioneries, Bakery products, Processed foods, Dairy products), And by Geography – Forecast From 2025 To 2030

  • Published : May 2025
  • Report Code : KSI061612760
  • Pages : 141
excel pdf power-point

Specialty Fats and Oils Market Size:

The Specialty Fats and Oils Market is expected to grow from US$22.468 billion in 2025 to US$31.938 billion in 2030, at a CAGR of 7.29%.

Specialty fats & oils are designed to meet the specific requirements of end-use applications such as in the production of confectionery, bakery items, dairy products, chocolates, fillings, and spreads. It provides excellent elasticity, gloss retention, and fat crystallization at a lower viscosity and is used as an alternative to saturated fats. The Global Specialty Fats & Oils Market is expected to have a significant market share due to an increase in the consumption of confectionery and processed food.

Growing concern over the use of healthy fats and the gap between the demand and supply of cocoa butter is expected to drive the market growth. However, the side effects of excessive consumption can be a restraint for market growth. By type, Palm Oil is estimated to have a considerable market share due to its wide availability. By application, the bakery products segment is expected to have a significant market share due to the high demand for these products, particularly in North America and European nations. By geography, the Asia Pacific region is expected to have significant market growth due to an increase in demand for processed food products.

Specialty Fats and Oils Market Drivers:

  • Increase in the consumption of confectionery and processed food
  • Growing concern over the use of healthy fats
  • The gap between the demand and supply of cocoa butter

Specialty Fats and Oils Market Restraints:

  • Side-effects of excessive consumption

Specialty Fats and Oils Market Scope:

 

Report Metric Details
Specialty Fats and Oils Market Size in 2025 US$22.468 billion
Specialty Fats and Oils Market Size in 2030 US$31.938 billion
Growth Rate CAGR of 7.29%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segmentation
  • Type
  • Application
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Specialty Fats and Oils Market
  • Cargill
  • Olam International
  • Wilmar International
  • Bunge
  • AAK AB
Customization Scope Free report customization with purchase

 

The global specialty fats & oils market is analyzed into the following segments:

By type

  • Cocoa Butter Equivalent
  • Cocoa Butter Substitute
  • Cocoa Butter Replacer
  • Palm Oil
  • Soybean Oil
  • Coconut Oil
  • Others

By application

  • Chocolates & Confectioneries
  • Bakery products
  • Processed foods
  • Dairy products

By Geography

  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Others

Frequently Asked Questions (FAQs)

The specialty fats and oils market is expected to reach a total market size of US$31.938 billion by 2030.

Specialty Fats and Oils Market is valued at US$22.468 billion in 2025.

The specialty fats and oils market is expected to grow at a CAGR of 7.29% during the forecast period.

The North American region is anticipated to hold a significant share of the specialty fats and oils market.

Prominent key market players in the specialty fats and oils market include AAK AB, IFFCO UAE, Manildra, D&L Industries, Fuji Oil, Musim Mas, among others.

1. INTRODUCTION

1.1. MARKET OVERVIEW

1.2. MARKET DEFINITION

1.3. SCOPE OF THE STUDY

1.4. CURRENCY

1.5. ASSUMPTIONS

1.6. BASE, AND FORECAST YEARS TIMELINE

2. RESEARCH METHODOLOGY

2.1. RESEARCH DESIGN

2.2. SECONDARY SOURCES

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. MARKET SEGMENTATION

4.2. MARKET DRIVERS

4.3. MARKET RESTRAINTS

4.4. MARKET OPPORTUNITIES

4.5. PORTER’S FIVE FORCE ANALYSIS

4.5.1. BARGAINING POWER OF SUPPLIERS

4.5.2. BARGAINING POWER OF BUYERS

4.5.3. THREAT OF NEW ENTRANTS

4.5.4. THREAT OF SUBSTITUTES

4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY

4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT

4.7. MARKET ATTRACTIVENESS

5. GLOBAL SPECIALITY FATS & OILS MARKET BY TYPE

5.1. COCOA BUTTER EQUIVALENT

5.2. COCOA BUTTER SUBSTITUTE

5.3. COCOA BUTTER REPLACER

5.4. PALM OIL

5.5. SOYBEAN OIL

5.6. COCONUT OIL

5.7. OTHERS

6. GLOBAL SPECIALITY FATS & OILS MARKET BY APPLICATION

6.1. CHOCOLATES AND CONFECTIONERIES

6.2. BAKERY PRODUCTS

6.3. PROCESSED FOODS

6.4. DAIRY PRODUCTS

7. GLOBAL SPECIALITY FATS & OILS MARKET BY GEOGRAPHY

7.1. NORTH AMERICA

7.1.1. USA

7.1.2. CANADA

7.1.3. MEXICO

7.2. SOUTH AMERICA

7.2.1. BRAZIL

7.2.2. ARGENTINA

7.2.3. OTHERS

7.3. EUROPE

7.3.1. GERMANY

7.3.2. FRANCE

7.3.3. UNITED KINGDOM

7.3.4. SPAIN

7.3.5. OTHERS

7.4. MIDDLE EAST AND AFRICA

7.4.1. SAUDI ARABIA

7.4.2. ISRAEL

7.4.3. OTHERS

7.5. ASIA PACIFIC

7.5.1. CHINA

7.5.2. JAPAN

7.5.3. SOUTH KOREA

7.5.4. INDIA

7.5.5. OTHERS

8. COMPETITIVE INTELLIGENCE

8.1. COMPANY BENCHMARKING AND ANALYSIS

8.2. RECENT INVESTMENT AND DEALS

8.3. STRATEGIES OF KEY PLAYERS

9. COMPANY PROFILES

9.1. CARGILL

9.2. OLAM INTERNATIONAL

9.3. WILMAR INTERNATIONAL

9.4. BUNGE

9.5. AAK AB

9.6. IFFCO UAE

9.7. MANILDRA

9.8. D&L INDUSTRIES

9.9. FUJI OIL

9.10. MUSIM MAS

LIST OF FIGURES

LIST OF TABLES

Cargill

Olam International

Wilmar International

Bunge

AAK AB

IFFCO UAE

Manildra

D&L Industries

Fuji Oil

Musim Mas