Industry Statistics and Trends
Oil & Fat Production in Europe key trends
Biodiesel imports are curbing demand from the biofuel market.
Swelling imports from China are shaking up Europe’s oil and fat processors as they grapple with volatile demand from this major market.
Health and sustainability trends are shaping oil and fat production.
Spurring demand for eco-friendly products are dictating preferences for certain oil types, forcing producers to adapt by diversifying their offerings and seeking sustainable sources.
Access all insights and trends with purchase. View purchase options.
Oil & Fat Production in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
Access the 5-year outlook with purchase. View purchase options
Oil & Fat Production in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 2.0 % over the past five years, to reach an estimated €85.2bn in 2024.
Trends and Insights
A biodiesel import surge challenges European oil and fat producers
- A surge in biodiesel imports from China is pressuring Europe's biofuels industry, a major market for oil and fat producers. Some European biodiesel plants have ceased or scaled down production in response to this trend.
Access all 10 market size insights and trends with purchase. View purchase options.
Oil & Fat Production in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Novel uses for animal fat will boost sales for oil and fat producers
- Airlines, like Ireland based Ryanair, are planning to use biofuels made from animal fats to meet EU climate targets, ramping up demand for animal fats. While this is likely not a sustainable long-term solution because of limited supply, it will provide a short-term influx in demand.
Access all 8 forward-looking insights and industry data forecasts with purchase. View purchase options.
Revenue
€85.2bn
Employees
140k
Wages
€X.Xbn
European Leaders & Laggards
Top 5 Countries
- Poland +14.3%
- Switzerland +11.6%
- Turkey +6.3%
- Romania +5.8%
- Ireland +5.6%
Bottom 5 Countries
- Finland -7.4%
- Sweden -5.2%
- United Kingdom -5.1%
- Latvia -4.0%
- Croatia -2.7%
* CAGR values are for the years 2019-2024.
Explore all 37 country performance rankings and data sheets with your membership purchase.
Biggest companies in the Oil & Fat Production in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Archer Daniels Midland Co. | 90,237.4 | 5,693.6 | 6.3 | |
Bunge Global SA | 49,308.6 | 1,939.0 | 3.9 | |
AAK AB | 3,730.7 | 363.7 | 9.7 |
Access statistics and analysis on all 10 companies with purchase. View purchase options.
Oil & Fat Production in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
Access all segmentation data and analysis with purchase. View purchase options.
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Oil & Fat Production industry in Europe in 2024?
The market size of the Oil & Fat Production industry in Europe is €85.2bn in 2024.
How many businesses are there in the Oil & Fat Production in Europe industry in 2024?
There are 13,215 businesses in the Oil & Fat Production industry in Europe, which has grown at a CAGR of 3.8 % between 2019 and 2024.
Has the Oil & Fat Production industry in Europe grown or declined over the past 5 years?
The market size of the Oil & Fat Production industry in Europe has been declining at a CAGR of 2.0 % between 2019 and 2024.
What is the forecast growth of the Oil & Fat Production industry in Europe over the next 5 years?
Over the next five years, the Oil & Fat Production industry in Europe is expected to grow.
What does the Oil & Fat Production in Europe include?
Palm oil and Rapeseed oil are part of the Oil & Fat Production industry.
Which countries have the most businesses in the Oil & Fat Production industry in Europe?
The European country with the most businesses in the Oil & Fat Production industry is Italy.
How competitive is the Oil & Fat Production industry in Europe?
The level of competition is high and steady in the Oil & Fat Production industry in Europe.
Related Industries
This industry is covered in 37 countries
- Oil & Fat Production in Austria
- Oil & Fat Production in France
- Oil & Fat Production in Lithuania
- Oil & Fat Production in the Netherlands
- Oil & Fat Production in Belgium
- Oil & Fat Production in Italy
- Oil & Fat Production in Denmark
- Oil & Fat Production in Latvia
- Oil & Fat Production in Bosnia & Herzegovina
- Oil & Fat Production in the UK
- Oil & Fat Production in Germany
- Oil & Fat Production in Luxembourg
- Oil & Fat Production in Russia
- Oil & Fat Production in Slovakia
- Oil & Fat Production in Switzerland
- Oil & Fat Production in Poland
- Oil & Fat Production in Slovenia
- Oil & Fat Production in Bulgaria
- Oil & Fat Production in Iceland
- Oil & Fat Production in Greece
- Oil & Fat Production in Romania
- Oil & Fat Production in Norway
- Oil & Fat Production in Hungary
- Oil & Fat Production in the UK
- Oil & Fat Production in Germany
- Oil & Fat Production in Finland
- Oil & Fat Production in Croatia
- Oil & Fat Production in Spain
- Oil & Fat Production in Portugal
- Oil & Fat Production in Serbia
- Oil & Fat Production in Czechia
- Oil & Fat Production in Sweden
- Oil & Fat Production in Turkey
- Oil & Fat Production in Ireland
- Oil & Fat Production in Estonia
- Oil & Fat Production in Europe
Table of Contents
About this industry
Industry definition
Industry operators process oils and manufacture crude and refined vegetable oils. They also manufacture non-edible animal oils and fats, extract fish oils and process the residual products of oil production.
Related Terms
RefiningCold PressingHydrogenationWhat's included in this industry?
Palm oilRapeseed oilSunflower oilSoya bean oilOtherCompanies
Archer Daniels Midland Co.Bunge Global SAAAK ABIndustry Code
104 - Manufacture of vegetable and animal oils and fats in Europe
View up to 10 companies with purchase. View purchase options.
Performance
Key Takeaways
A biodiesel import surge challenges European oil and fat producers
View more insights with purchase. View purchase options.
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Oil & Fat Production in Europe industry (2011 -2029)
- Employees in the Oil & Fat Production in Europe industry (2011 -2029)
- Business in the Oil & Fat Production in Europe industry (2011 -2029)
- Profit in the Oil & Fat Production in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Oil & Fat Production in Europe industry?
Outlook
Analysis
What's driving the Oil & Fat Production in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Oil & Fat Production in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Oil & Fat Production in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Palm oil's versatility is a massive selling point. It's used across various industries, from food to cosmetics, pumping up profits for oil and fat producers.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Oil & Fat Production in Europe industry's products and services performing?
Analysis
What are innovations in the Oil & Fat Production in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Oil & Fat Production in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
There are many small and medium-sized oil and fat producers in Europe. The industry isn’t dominated by any large companies, fostering a competitive and varied market.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Archer Daniels Midland Co.
- Countries of operation for Bunge Global SA
- Countries of operation for AAK AB
- Countries of operation for Neste Corporation
- Countries of operation for Wilmar International Ltd
- Countries of operation for C. Thywissen GmbH
- Countries of operation for KTC Edibles Ltd
- Countries of operation for O. & L. SELS GmbH & Co. KG
- Countries of operation for Cargill Inc.
- Countries of operation for Louis Dreyfus Company BV
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
A multifaceted regulatory framework governs oil and fat producers in Europe. Producers must adhere to EU food safety regulations, Renewable Energy Directives and competition rules, while adapting to evolving trends like sustainability initiatives and circular economy practices.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Oil & Fat Production in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Sustainable practices are boosting profit in oil and fat production. Companies are attracting more customers and saving costs by reducing waste and energy consumption via eco-friendly methods.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Oil & Fat Production in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
