The Europe soybean oil market size reached 2.9 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 3.6 Million Tons by 2033, exhibiting a growth rate (CAGR) of 2.1% during 2025-2033. The increasing awareness among individuals about the health benefits offered by soybean oil, rising adoption of veganism and vegetarianism, and the growing use of soybean oil in various recipes represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | 2.9 Million Tons |
Market Forecast in 2033 | 3.6 Million Tons |
Market Growth Rate (2025-2033) | 2.1% |
Soybean oil, a widely utilized vegetable oil, is derived from the seeds of soybeans. It is primarily composed of unsaturated fats, including polyunsaturated and monounsaturated fatty acids. It has a high smoke point, making it suitable for high-heat cooking methods without producing harmful compounds. It possesses a relatively low viscosity, aiding its easy incorporation into various formulations. It is naturally free from trans fats, contributing to heart health by lowering bad cholesterol levels. Its antioxidant content helps enhance its stability and shelf life, reducing rancidity, combating oxidative stress, and minimizing the risk of chronic diseases. It is devoid of common allergens like dairy, nuts, and gluten, making it suitable for a broader range of diets. It also contains vitamin E that supports skin health and immune function. Its unsaturated fats can help reduce the risk of cardiovascular diseases by promoting healthy cholesterol levels. Besides this, incorporating soybean oil into a balanced diet can aid in weight management due to its lower saturated fat content. Its viscosity and lubricating properties find use in industrial machinery lubricants. Moreover, vitamin K, found in soybean oil, is essential for bone health and proper blood clotting.
The increasing awareness about the health benefits of unsaturated fats is catalyzing the demand for oils like soybean oil across Europe. Additionally, the growing adoption of plant-based diets is driving the demand for soybean oil as a versatile and cholesterol-free cooking option. Along with this, the rising prevalence of obesity, diabetes, and cardiovascular health issues among Europeans is strengthening the growth of the market. At present, the increasing awareness among individuals about using green products is influencing the market positively. Apart from this, the escalating demand for cleaner energy sources and reduced carbon emissions is increasing the use of soybean oil as a feedstock for biodiesel, which is contributing to the market growth. Furthermore, various advancements in extraction, refining, and packaging technologies are enhancing the quality and shelf life of soybean oil, which is augmenting the market growth. Moreover, the increasing emphasis on holistic well-being is promoting the inclusion of soybean oil in products like supplements and skincare items, which is increasing its sales across Europe. Besides this, rapid urbanization and hectic lifestyles of Europeans are driving the demand for convenient and ready-to-use cooking oils, favoring the culinary flexibility of soybean oil. In addition, favorable trade agreements and international partnerships of European companies are supporting the import and export of soybean oil.
IMARC Group provides an analysis of the key trends in each segment of the Europe soybean oil market report, along with forecasts at the regional and country levels for 2025-2033. Our report has categorized the market based on end use.
End Use Insights:
The report has provided a detailed breakup and analysis of the market based on the end use. This includes food, feed, and industrial.
Country Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Germany, France, United Kingdom, Italy, Spain, and Others.
The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million Tons |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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End Uses Covered | Food, Feed, Industrial |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |