According to Cognitive Market Research, the global fortified edible oil market size was USD 11958.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 4783.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3587.46 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2750.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 597.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 239.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
The vitamin A category is the fastest growing segment of the fortified edible oil industry