U.S. oils & fats market segment revenue 2018-2028

Over the last two observations, the revenue is forecast to significantly increase in all segments. The trend observed from 2018 to 2028 remains consistent throughout the entire forecast period. There is a continuous increase in the indicator across all segments. Notably, the Edible Oils segment achieves the highest value of 9.2 billion U.S. dollars at 2028.

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Revenue of the oils and fats market in the United States from 2018 to 2028, by segment (in billion U.S. dollars)

Characteristic	Edible Oils	Butter	Margarine	Other Oils & Fats
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Oils and Fats segment covers all substances that are composed of fatty acids and used for cooking purposes or as an ingredient in many food products. These fats and oils can be obtained from plants or animals and are available in both liquid (oils) and solid (fats) form.

Structure:

The segment consists of four different subsegments:

The Butter segment covers all products that are defined as a high-fat milk product and contains a minimum of 80% fat. Its other ingredients are water, protein, and lactose.
The Margarine segment covers all products that are made of vegetable oils and contains a minimum of 80% fat.
The Edible Oils segment covers any type of oil that is extracted from plants and is used for cooking and food preparation.
The Other Oils & Fats segment covers lard and other edible animal fats.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

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